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
- Cash +€25,828
up €25,828 (+196%), from €13,204 to €39,032
mainly Depreciation (+€19,232) and Receivables within one year (+€10,876)
- Tangible fixed assets -€18,006
down €18,006 (-58.9%), from €30,564 to €12,558
of which Land and buildings: -€14,610
- Receivables within one year -€10,876
down €10,876 (-21.1%), from €51,427 to €40,551
of which Trade receivables: -€9,155
- Debts after one year -€17,532
no longer reported in 2025 (was €17,532)
- Reserves +€5,756
up €5,756 (+10.6%), from €54,498 to €60,253
- Other debts +€3,767
up €3,767 (+198%), from €1,901 to €5,667
- Tax, wage and social debts +€3,141
up €3,141 (+346%), from €907 to €4,048
- Gross operating margin +€3,715
up €3,715 (+13.7%), from €27,205 to €30,920
- Taxes +€968
up €968 (+51.4%), from €1,882 to €2,850
- Depreciation +€816
up €816 (+4.4%), from €18,416 to €19,232
- Financial charges -€736
down €736 (-40.5%), from €1,815 to €1,080
- Financial income -€521
down €521 (-84.8%), from €615 to €93
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 | €95,445 | €92,390 | -€3,054 | -3.2% |
| Fixed assets | 21/28 | €30,814 | €12,808 | -€18,006 | -58.4% |
| Tangible fixed assets | 22/27 | €30,564 | €12,558 | -€18,006 | -58.9% |
| Land and buildings | 22 | €20,049 | €5,439 | -€14,610 | -72.9% |
| Plant, machinery and equipment | 23 | - | €947 | +€947 | |
| Furniture and vehicles | 24 | €10,515 | €6,172 | -€4,343 | -41.3% |
| Financial fixed assets | 28 | €250 | €250 | = | 0.0% |
| Current assets | 29/58 | €64,631 | €79,583 | +€14,952 | +23.1% |
| Amounts receivable within one year | 40/41 | €51,427 | €40,551 | -€10,876 | -21.1% |
| Trade receivables | 40 | €45,902 | €36,748 | -€9,155 | -19.9% |
| Other amounts receivable | 41 | €5,524 | €3,803 | -€1,721 | -31.2% |
| Cash at bank and in hand | 54/58 | €13,204 | €39,032 | +€25,828 | +196% |
| Total equity and liabilities | 10/49 | €95,445 | €92,390 | -€3,054 | -3.2% |
| Equity | 10/15 | €55,737 | €61,493 | +€5,756 | +10.3% |
| Contributions | 10/11 | €1,239 | €1,239 | = | 0.0% |
| Reserves | 13 | €54,498 | €60,253 | +€5,756 | +10.6% |
| Distributable reserves | 133 | €54,498 | €60,253 | +€5,756 | +10.6% |
| Amounts payable | 17/49 | €39,708 | €30,898 | -€8,810 | -22.2% |
| Amounts payable after more than one year | 17 | €17,532 | - | -€17,532 | |
| Financial debts | 170/4 | €17,532 | - | -€17,532 | |
| Amounts payable within one year | 42/48 | €22,176 | €30,898 | +€8,722 | +39.3% |
| Current portion of amounts payable after more than one year | 42 | €16,868 | €17,532 | +€664 | +3.9% |
| Financial debts | 43 | €2,500 | €3,000 | +€500 | +20.0% |
| Other loans | 439 | €2,500 | €3,000 | +€500 | +20.0% |
| Trade debts | 44 | - | €651 | +€651 | |
| Suppliers | 440/4 | - | €651 | +€651 | |
| Taxes, remuneration and social security | 45 | €907 | €4,048 | +€3,141 | +346% |
| Taxes | 450/3 | €907 | €4,048 | +€3,141 | +346% |
| Other amounts payable | 47/48 | €1,901 | €5,667 | +€3,767 | +198% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €18,416 | €19,232 | +€816 | +4.4% |
| Other operating charges | 640/8 | €2,108 | €2,096 | -€12 | -0.6% |
| Gross operating margin | 9900 | €27,205 | €30,920 | +€3,715 | +13.7% |
| Operating profit (loss) | 9901 | €6,681 | €9,592 | +€2,911 | +43.6% |
| Financial income | 75/76B | €615 | €93 | -€521 | -84.8% |
| Recurring financial income | 75 | €615 | €93 | -€521 | -84.8% |
| Financial charges | 65/66B | €1,815 | €1,080 | -€736 | -40.5% |
| Recurring financial charges | 65 | €1,815 | €1,080 | -€736 | -40.5% |
| Profit (loss) for the period before taxes | 9903 | €5,481 | €8,606 | +€3,125 | +57.0% |
| Income taxes | 67/77 | €1,882 | €2,850 | +€968 | +51.4% |
| Profit (loss) for the period | 9904 | €3,598 | €5,756 | +€2,158 | +60.0% |
| Profit (loss) for the period to be appropriated | 9905 | €3,598 | €5,756 | +€2,158 | +60.0% |
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 18 October 2026 via checked.be.