Callant Ruben: what changed
Callant Ruben
Largest movements
- Cash -€208,099
down €208,099 (-73.9%), from €281,662 to €73,563
mainly Other debts (-€244,040) and Contributions, distributions and other (-€224,500)
- Current investments -€65,700
no longer reported in 2025 (was €65,700)
- Receivables within one year +€41,008
new in 2025: €41,008
- Tangible fixed assets -€18,148
down €18,148 (-34.3%), from €52,901 to €34,754
- Other debts -€244,040
down €244,040 (-96.2%), from €253,600 to €9,560
- Reserves +€22,455
up €22,455 (+50.4%), from €44,524 to €66,978
- Debts after one year -€21,932
down €21,932 (-49.2%), from €44,571 to €22,640
- Tax, wage and social debts -€10,737
down €10,737 (-39.5%), from €27,185 to €16,448
- Gross operating margin +€32,688
up €32,688 (+10.4%), from €315,427 to €348,115
- Taxes +€16,286
up €16,286 (+21.5%), from €75,631 to €91,917
- Financial income +€14,142
up €14,142 (+770%), from €1,838 to €15,980
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €414,327 | €160,029 | -€254,299 | -61.4% |
| Fixed assets | 21/28 | €65,351 | €44,054 | -€21,298 | -32.6% |
| Tangible fixed assets | 22/27 | €52,901 | €34,754 | -€18,148 | -34.3% |
| Furniture and vehicles | 24 | €52,901 | €34,754 | -€18,148 | -34.3% |
| Financial fixed assets | 28 | €12,450 | €9,300 | -€3,150 | -25.3% |
| Current assets | 29/58 | €348,976 | €115,975 | -€233,001 | -66.8% |
| Amounts receivable within one year | 40/41 | - | €41,008 | +€41,008 | |
| Other amounts receivable | 41 | - | €41,008 | +€41,008 | |
| Current investments | 50/53 | €65,700 | - | -€65,700 | |
| Cash at bank and in hand | 54/58 | €281,662 | €73,563 | -€208,099 | -73.9% |
| Deferred charges and accrued income | 490/1 | €1,614 | €1,404 | -€211 | -13.1% |
| Total equity and liabilities | 10/49 | €414,327 | €160,029 | -€254,299 | -61.4% |
| Equity | 10/15 | €63,124 | €85,578 | +€22,455 | +35.6% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €44,524 | €66,978 | +€22,455 | +50.4% |
| Distributable reserves | 133 | €44,524 | €66,978 | +€22,455 | +50.4% |
| Amounts payable | 17/49 | €351,204 | €74,450 | -€276,753 | -78.8% |
| Amounts payable after more than one year | 17 | €44,571 | €22,640 | -€21,932 | -49.2% |
| Financial debts | 170/4 | €44,571 | €22,640 | -€21,932 | -49.2% |
| Amounts payable within one year | 42/48 | €306,632 | €51,811 | -€254,822 | -83.1% |
| Current portion of amounts payable after more than one year | 42 | €21,249 | €21,932 | +€682 | +3.2% |
| Trade debts | 44 | €4,599 | €3,871 | -€728 | -15.8% |
| Suppliers | 440/4 | €4,599 | €3,871 | -€728 | -15.8% |
| Taxes, remuneration and social security | 45 | €27,185 | €16,448 | -€10,737 | -39.5% |
| Taxes | 450/3 | €27,185 | €16,448 | -€10,737 | -39.5% |
| Other amounts payable | 47/48 | €253,600 | €9,560 | -€244,040 | -96.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €18,148 | €18,148 | = | 0.0% |
| Other operating charges | 640/8 | €1,923 | €4,924 | +€3,001 | +156% |
| Gross operating margin | 9900 | €315,427 | €348,115 | +€32,688 | +10.4% |
| Operating profit (loss) | 9901 | €295,357 | €325,043 | +€29,686 | +10.1% |
| Financial income | 75/76B | €1,838 | €15,980 | +€14,142 | +770% |
| Recurring financial income | 75 | €1,838 | €15,980 | +€14,142 | +770% |
| Financial charges | 65/66B | €2,883 | €2,151 | -€732 | -25.4% |
| Recurring financial charges | 65 | €2,883 | €2,151 | -€732 | -25.4% |
| Profit (loss) for the period before taxes | 9903 | €294,312 | €338,872 | +€44,560 | +15.1% |
| Income taxes | 67/77 | €75,631 | €91,917 | +€16,286 | +21.5% |
| Profit (loss) for the period | 9904 | €218,680 | €246,955 | +€28,274 | +12.9% |
| Profit (loss) for the period to be appropriated | 9905 | €218,680 | €246,955 | +€28,274 | +12.9% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 7 November 2026 via checked.be.