CALLEBAUT: 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.
CALLEBAUT
Largest movements
- Receivables within one year -€78,630
down €78,630 (-47.0%), from €167,416 to €88,787
of which Trade receivables: -€90,535
- Tangible fixed assets +€56,050
up €56,050, from €0 to €56,050
- Cash +€29,739
up €29,739 (+237%), from €12,540 to €42,279
mainly Receivables within one year (+€78,630) and Trade debts (+€48,281)
- Stocks and contracts +€17,152
up €17,152 (+14.3%), from €120,128 to €137,280
- Trade debts +€48,281
up €48,281 (+1,626%), from €2,970 to €51,251
- Other debts -€14,286
down €14,286 (-97.3%), from €14,677 to €391
- Reserves +€9,497
up €9,497 (+4.2%), from €226,590 to €236,087
- Tax, wage and social debts -€9,203
down €9,203 (-78.7%), from €11,693 to €2,490
- Debts after one year -€8,099
down €8,099 (-32.2%), from €25,183 to €17,084
- Gross operating margin -€37,183
down €37,183 (-59.7%), from €62,312 to €25,129
- Depreciation +€12,723
up €12,723 (+3,014%), from €422 to €13,145
- Taxes -€12,708
down €12,708 (-76.5%), from €16,621 to €3,912
- Financial charges +€1,922
up €1,922 (+46.5%), from €4,130 to €6,051
- Financial income -€1,693
down €1,693 (-16.8%), from €10,091 to €8,398
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 | €300,754 | €324,983 | +€24,229 | +8.1% |
| Fixed assets | 21/28 | €0 | €56,050 | +€56,050 | |
| Tangible fixed assets | 22/27 | €0 | €56,050 | +€56,050 | |
| Furniture and vehicles | 24 | €0 | €56,050 | +€56,050 | |
| Current assets | 29/58 | €300,754 | €268,933 | -€31,821 | -10.6% |
| Stocks and contracts in progress | 3 | €120,128 | €137,280 | +€17,152 | +14.3% |
| Stocks | 30/36 | €120,128 | €137,280 | +€17,152 | +14.3% |
| Amounts receivable within one year | 40/41 | €167,416 | €88,787 | -€78,630 | -47.0% |
| Trade receivables | 40 | €167,401 | €76,866 | -€90,535 | -54.1% |
| Other amounts receivable | 41 | €15 | €11,920 | +€11,905 | +79,370% |
| Cash at bank and in hand | 54/58 | €12,540 | €42,279 | +€29,739 | +237% |
| Deferred charges and accrued income | 490/1 | €670 | €588 | -€82 | -12.3% |
| Total equity and liabilities | 10/49 | €300,754 | €324,983 | +€24,229 | +8.1% |
| Equity | 10/15 | €232,790 | €242,287 | +€9,497 | +4.1% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €226,590 | €236,087 | +€9,497 | +4.2% |
| Distributable reserves | 133 | €226,590 | €236,087 | +€9,497 | +4.2% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €67,964 | €82,696 | +€14,732 | +21.7% |
| Amounts payable after more than one year | 17 | €25,183 | €17,084 | -€8,099 | -32.2% |
| Financial debts | 170/4 | €25,183 | €17,084 | -€8,099 | -32.2% |
| Amounts payable within one year | 42/48 | €42,781 | €65,612 | +€22,831 | +53.4% |
| Current portion of amounts payable after more than one year | 42 | €13,441 | €11,480 | -€1,961 | -14.6% |
| Financial debts | 43 | €0 | - | = | |
| Credit institutions | 430/8 | €0 | - | = | |
| Trade debts | 44 | €2,970 | €51,251 | +€48,281 | +1,626% |
| Suppliers | 440/4 | €2,970 | €51,251 | +€48,281 | +1,626% |
| Taxes, remuneration and social security | 45 | €11,693 | €2,490 | -€9,203 | -78.7% |
| Taxes | 450/3 | €11,693 | €2,490 | -€9,203 | -78.7% |
| Other amounts payable | 47/48 | €14,677 | €391 | -€14,286 | -97.3% |
| Remuneration, social security and pensions | 62 | €15 | €0 | -€15 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €422 | €13,145 | +€12,723 | +3,014% |
| Other operating charges | 640/8 | €831 | €922 | +€91 | +10.9% |
| Non-recurring operating charges | 66A | €7,046 | €0 | -€7,046 | -100% |
| Gross operating margin | 9900 | €62,312 | €25,129 | -€37,183 | -59.7% |
| Operating profit (loss) | 9901 | €53,998 | €11,062 | -€42,936 | -79.5% |
| Financial income | 75/76B | €10,091 | €8,398 | -€1,693 | -16.8% |
| Recurring financial income | 75 | €10,091 | €8,398 | -€1,693 | -16.8% |
| Financial charges | 65/66B | €4,130 | €6,051 | +€1,922 | +46.5% |
| Recurring financial charges | 65 | €4,130 | €6,051 | +€1,922 | +46.5% |
| Profit (loss) for the period before taxes | 9903 | €59,959 | €13,409 | -€46,550 | -77.6% |
| Income taxes | 67/77 | €16,621 | €3,912 | -€12,708 | -76.5% |
| Profit (loss) for the period | 9904 | €43,338 | €9,497 | -€33,842 | -78.1% |
| Profit (loss) for the period to be appropriated | 9905 | €43,338 | €9,497 | -€33,842 | -78.1% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 26 October 2026 via checked.be.