CALLBO: what changed
Two financial years side by side, explained: what moved most in the balance sheet and the result, why the result rose or fell, and where the money went.
CALLBO
Largest movements
- Current investments -€100,000
down €100,000 (-100%), from €100,000 to €0
- Tangible fixed assets +€97,974
up €97,974 (+159%), from €61,773 to €159,747
of which Land and buildings: +€110,000
- Stocks and contracts +€64,442
up €64,442 (+644%), from €10,000 to €74,442
of which Contracts in progress: +€59,569
- Cash -€24,817
down €24,817 (-64.9%), from €38,263 to €13,446
mainly Investment in fixed assets (net) (-€129,854) and Stocks and contracts (-€64,442)
- Reserves +€35,577
up €35,577 (+17.1%), from €208,466 to €244,043
of which Distributable reserves: +€35,577
- Other debts +€17,210
up €17,210 (+415%), from €4,149 to €21,359
- Trade debts -€14,041
down €14,041 (-50.4%), from €27,883 to €13,842
- Debts after one year -€9,518
down €9,518 (-36.3%), from €26,195 to €16,677
- Tax, wage and social debts +€8,350
up €8,350 (+119%), from €7,015 to €15,365
of which Taxes: +€8,350
- Depreciation +€15,032
up €15,032 (+89.2%), from €16,847 to €31,879
- Taxes -€4,387
down €4,387 (-11.8%), from €37,200 to €32,813
- Financial income +€2,402
up €2,402 (+369%), from €652 to €3,054
- Gross operating margin -€2,352
down €2,352 (-1.6%), from €148,186 to €145,834
From the 2024 result to the 2025 result
Each bar is the change in one income-statement line, as its effect on the result: higher costs pull it down, higher income lifts it.
Derived cash bridge
Derived from the 2024 and 2025 balance sheets and the 2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €289,077 | €327,005 | +€37,929 | +13.1% |
| Fixed assets | 21/28 | €61,773 | €159,747 | +€97,974 | +159% |
| Tangible fixed assets | 22/27 | €61,773 | €159,747 | +€97,974 | +159% |
| Land and buildings | 22 | - | €110,000 | +€110,000 | |
| Plant, machinery and equipment | 23 | €12,009 | €8,310 | -€3,700 | -30.8% |
| Furniture and vehicles | 24 | €49,763 | €41,438 | -€8,326 | -16.7% |
| Current assets | 29/58 | €227,304 | €167,258 | -€60,046 | -26.4% |
| Stocks and contracts in progress | 3 | €10,000 | €74,442 | +€64,442 | +644% |
| Stocks | 30/36 | - | €4,872 | +€4,872 | |
| Contracts in progress | 37 | €10,000 | €69,569 | +€59,569 | +596% |
| Amounts receivable within one year | 40/41 | €77,156 | €77,731 | +€574 | +0.7% |
| Trade receivables | 40 | €56,808 | €75,545 | +€18,737 | +33.0% |
| Other amounts receivable | 41 | €20,348 | €2,186 | -€18,163 | -89.3% |
| Current investments | 50/53 | €100,000 | €0 | -€100,000 | -100% |
| Cash at bank and in hand | 54/58 | €38,263 | €13,446 | -€24,817 | -64.9% |
| Deferred charges and accrued income | 490/1 | €1,884 | €1,640 | -€245 | -13.0% |
| Total equity and liabilities | 10/49 | €289,077 | €327,005 | +€37,929 | +13.1% |
| Equity | 10/15 | €214,666 | €250,243 | +€35,577 | +16.6% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €208,466 | €244,043 | +€35,577 | +17.1% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €208,466 | €244,043 | +€35,577 | +17.1% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €74,410 | €76,762 | +€2,352 | +3.2% |
| Amounts payable after more than one year | 17 | €26,195 | €16,677 | -€9,518 | -36.3% |
| Financial debts | 170/4 | €26,195 | €16,677 | -€9,518 | -36.3% |
| Amounts payable within one year | 42/48 | €48,215 | €60,085 | +€11,870 | +24.6% |
| Current portion of amounts payable after more than one year | 42 | €9,168 | €9,518 | +€350 | +3.8% |
| Trade debts | 44 | €27,883 | €13,842 | -€14,041 | -50.4% |
| Suppliers | 440/4 | €27,883 | €13,842 | -€14,041 | -50.4% |
| Taxes, remuneration and social security | 45 | €7,015 | €15,365 | +€8,350 | +119% |
| Taxes | 450/3 | €7,015 | €15,365 | +€8,350 | +119% |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €4,149 | €21,359 | +€17,210 | +415% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,847 | €31,879 | +€15,032 | +89.2% |
| Other operating charges | 640/8 | €1,070 | €1,334 | +€263 | +24.6% |
| Gross operating margin | 9900 | €148,186 | €145,834 | -€2,352 | -1.6% |
| Operating profit (loss) | 9901 | €130,269 | €112,621 | -€17,648 | -13.5% |
| Financial income | 75/76B | €652 | €3,054 | +€2,402 | +369% |
| Recurring financial income | 75 | €652 | €3,054 | +€2,402 | +369% |
| Financial charges | 65/66B | €1,544 | €1,230 | -€314 | -20.4% |
| Recurring financial charges | 65 | €1,544 | €1,230 | -€314 | -20.4% |
| Profit (loss) for the period before taxes | 9903 | €129,377 | €114,446 | -€14,931 | -11.5% |
| Income taxes | 67/77 | €37,200 | €32,813 | -€4,387 | -11.8% |
| Profit (loss) for the period | 9904 | €92,177 | €81,632 | -€10,545 | -11.4% |
| Profit (loss) for the period to be appropriated | 9905 | €92,177 | €81,632 | -€10,545 | -11.4% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 20 October 2026 via checked.be.