Callens: 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.
What changed
Callens
NACE 46.832, Wholesale of timber
financial year 2024 compared with 2023filed annual accounts (NBB)
Net result for the year
-€52,857
2023 · €475,799-€528,656
Equity
€16.8m
2023 · €16.9m-€52,857
Cash
€139,530
2023 · €8,345+€131,185
Balance sheet total
€41.5m
2023 · €43.5m-€2.1m
Largest movements
Assets
- Tangible fixed assets -€1.5m
down €1.5m (-20.8%), from €7.1m to €5.6m
of which Other tangible fixed assets: -€877,009
- Stocks and contracts -€959,192
down €959,192 (-3.2%), from €30.0m to €29.1m
Equity and liabilities
- Short-term financial debts -€1.3m
down €1.3m (-9.7%), from €13.8m to €12.4m
- Debts after one year -€493,013
down €493,013 (-22.7%), from €2.2m to €1.7m
Income statement
- Turnover -€3.8m
down €3.8m (-10.6%), from €36.2m to €32.3m
- Goods and materials -€2.8m
down €2.8m (-11.7%), from €24.3m to €21.4m
of which Purchases: -€7.0m
- Services and other goods -€628,822
down €628,822 (-10.5%), from €6.0m to €5.3m
From the 2023 result to the 2024 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.
Result 2023
€475,799
Turnover
-€3.8m
Other operating income
+€149,642
Goods and materials
+€2.8m
Services and other goods
+€628,822
Staff costs
-€141,805
Depreciation
+€34,999
Write-downs
-€290,370
Other operating charges
-€4,834
Other operating items
-€34,315
Financial income
-€44,696
Financial charges
-€2,521
Taxes
+€159,109
Result 2024
-€52,857
raises the resultlowers the resultnot broken down further in the accounts
Derived cash bridge
Derived from the 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
From operations
+€2.2m
Investment
-€450,106
Financing
-€1.6m
Cash 2023
€8,345
From operations (derived)
+€2.2m
Net result for the year
-€52,857
Depreciation
+€1.9m
Stocks and contracts
+€959,192
Receivables within one year
-€261,855
Deferred charges and accrued income
+€15,569
Provisions
-€23,238
Trade debts
-€213,376
Tax, wage and social debts
+€28,647
Advances received
-€208,729
Other debts
-€41,050
Accrued charges and deferred income
+€37,380
Investment (derived)
-€450,106
Investment in fixed assets (net)
-€450,106
Financing
-€1.6m
Debts after one year
-€493,013
Current portion of long-term debt
+€255,968
Short-term financial debts
-€1.3m
Cash 2024
€139,530
brings cash intakes cash out
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €43,517,257 | €41,465,592 | -€2.1m | -4.7% |
| Fixed assets | 21/28 | €7,127,876 | €5,657,933 | -€1.5m | -20.6% |
| Tangible fixed assets | 22/27 | €7,075,499 | €5,606,997 | -€1.5m | -20.8% |
| Land and buildings | 22 | €2,107,369 | €2,003,379 | -€103,990 | -4.9% |
| Plant, machinery and equipment | 23 | €149,981 | €257,892 | +€107,911 | +71.9% |
| Furniture and vehicles | 24 | €141,247 | €363,647 | +€222,400 | +157% |
| Leasing and similar rights | 25 | €2,036,688 | €1,218,875 | -€817,813 | -40.2% |
| Other tangible fixed assets | 26 | €2,640,214 | €1,763,205 | -€877,009 | -33.2% |
| Financial fixed assets | 28 | €52,377 | €50,936 | -€1,442 | -2.8% |
| Other financial fixed assets | 284/8 | €52,377 | €50,936 | -€1,442 | -2.8% |
| Amounts receivable and cash guarantees | 285/8 | €52,377 | €50,936 | -€1,442 | -2.8% |
| Current assets | 29/58 | €36,389,381 | €35,807,659 | -€581,722 | -1.6% |
| Stocks and contracts in progress | 3 | €30,016,642 | €29,057,450 | -€959,192 | -3.2% |
| Stocks | 30/36 | €30,016,642 | €29,057,450 | -€959,192 | -3.2% |
| Raw materials and consumables | 30/31 | €26,562,168 | €23,972,303 | -€2.6m | -9.8% |
| Advance payments | 36 | €3,454,475 | €5,085,147 | +€1.6m | +47.2% |
| Amounts receivable within one year | 40/41 | €6,288,277 | €6,550,132 | +€261,855 | +4.2% |
| Trade receivables | 40 | €2,940,605 | €2,595,880 | -€344,726 | -11.7% |
| Other amounts receivable | 41 | €3,347,672 | €3,954,253 | +€606,580 | +18.1% |
| Cash at bank and in hand | 54/58 | €8,345 | €139,530 | +€131,185 | +1,572% |
| Deferred charges and accrued income | 490/1 | €76,116 | €60,547 | -€15,569 | -20.5% |
| Total equity and liabilities | 10/49 | €43,517,257 | €41,465,592 | -€2.1m | -4.7% |
| Equity | 10/15 | €16,877,073 | €16,824,216 | -€52,857 | -0.3% |
| Contributions | 10/11 | €1,650,000 | €1,650,000 | = | 0.0% |
| Capital | 10 | €1,650,000 | €1,650,000 | = | 0.0% |
| Issued capital | 100 | €1,650,000 | €1,650,000 | = | 0.0% |
| Reserves | 13 | €2,136,108 | €2,090,979 | -€45,129 | -2.1% |
| Non-distributable reserves | 130/1 | €165,000 | €165,000 | = | 0.0% |
| Legal reserve | 130 | €165,000 | €165,000 | = | 0.0% |
| Tax-exempt reserves | 132 | €144,896 | €99,767 | -€45,129 | -31.1% |
| Distributable reserves | 133 | €1,826,212 | €1,826,212 | = | 0.0% |
| Profit (loss) carried forward | 14 | €13,090,965 | €13,083,237 | -€7,728 | -0.1% |
| Provisions and deferred taxes | 16 | €80,610 | €57,372 | -€23,238 | -28.8% |
| Provisions for liabilities and charges | 160/5 | €6,000 | €6,000 | = | 0.0% |
| Other liabilities and charges | 164/5 | €6,000 | €6,000 | = | 0.0% |
| Deferred taxes | 168 | €74,610 | €51,372 | -€23,238 | -31.1% |
| Amounts payable | 17/49 | €26,559,574 | €24,584,004 | -€2.0m | -7.4% |
| Amounts payable after more than one year | 17 | €2,169,431 | €1,676,417 | -€493,013 | -22.7% |
| Financial debts | 170/4 | €2,169,431 | €1,676,417 | -€493,013 | -22.7% |
| Leasing and similar obligations | 172 | €748,930 | €236,917 | -€512,013 | -68.4% |
| Credit institutions | 173 | €1,420,500 | €1,439,500 | +€19,000 | +1.3% |
| Amounts payable within one year | 42/48 | €24,357,363 | €22,837,426 | -€1.5m | -6.2% |
| Current portion of amounts payable after more than one year | 42 | €2,111,060 | €2,367,028 | +€255,968 | +12.1% |
| Financial debts | 43 | €13,790,972 | €12,449,574 | -€1.3m | -9.7% |
| Credit institutions | 430/8 | €13,790,972 | €12,449,574 | -€1.3m | -9.7% |
| Trade debts | 44 | €7,447,433 | €7,234,058 | -€213,376 | -2.9% |
| Suppliers | 440/4 | €7,447,433 | €7,234,058 | -€213,376 | -2.9% |
| Advances received on contracts in progress | 46 | €208,729 | €0 | -€208,729 | -100% |
| Taxes, remuneration and social security | 45 | €458,316 | €486,964 | +€28,647 | +6.3% |
| Taxes | 450/3 | €160,276 | €194,134 | +€33,858 | +21.1% |
| Remuneration and social security | 454/9 | €298,040 | €292,829 | -€5,211 | -1.7% |
| Other amounts payable | 47/48 | €340,853 | €299,803 | -€41,050 | -12.0% |
| Accrued charges and deferred income | 492/3 | €32,780 | €70,160 | +€37,380 | +114% |
| Operating income | 70/76A | €36,224,550 | €32,521,138 | -€3.7m | -10.2% |
| Turnover | 70 | €36,159,527 | €32,340,788 | -€3.8m | -10.6% |
| Other operating income | 74 | €30,704 | €180,346 | +€149,642 | +487% |
| Non-recurring operating income | 76A | €34,319 | €4 | -€34,315 | -100.0% |
| Operating charges | 60/66A | €34,560,670 | €31,497,806 | -€3.1m | -8.9% |
| Goods for resale, raw materials and consumables | 60 | €24,277,627 | €21,441,575 | -€2.8m | -11.7% |
| Purchases | 600/8 | €26,241,059 | €19,194,567 | -€7.0m | -26.9% |
| Change in stocks: decrease (increase) | 609 | -€1,963,431 | €2,247,008 | +€4.2m | |
| Services and other goods | 61 | €5,978,078 | €5,349,256 | -€628,822 | -10.5% |
| Remuneration, social security and pensions | 62 | €2,218,887 | €2,360,692 | +€141,805 | +6.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,955,047 | €1,920,049 | -€34,999 | -1.8% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €31,731 | €322,101 | +€290,370 | +915% |
| Other operating charges | 640/8 | €99,299 | €104,133 | +€4,834 | +4.9% |
| Operating profit (loss) | 9901 | €1,663,880 | €1,023,332 | -€640,548 | -38.5% |
| Financial income | 75/76B | €115,833 | €71,138 | -€44,696 | -38.6% |
| Recurring financial income | 75 | €115,833 | €71,138 | -€44,696 | -38.6% |
| Income from current assets | 751 | €76,116 | €60,547 | -€15,569 | -20.5% |
| Other financial income | 752/9 | €39,717 | €10,591 | -€29,126 | -73.3% |
| Financial charges | 65/66B | €1,127,152 | €1,129,673 | +€2,521 | +0.2% |
| Recurring financial charges | 65 | €1,127,152 | €1,129,673 | +€2,521 | +0.2% |
| Debt charges | 650 | €782,606 | €825,340 | +€42,734 | +5.5% |
| Other financial charges | 652/9 | €344,546 | €304,333 | -€40,213 | -11.7% |
| Profit (loss) for the period before taxes | 9903 | €652,561 | -€35,204 | -€687,765 | |
| Transfer from deferred taxes | 780 | €23,238 | €23,238 | = | 0.0% |
| Income taxes | 67/77 | €200,000 | €40,891 | -€159,109 | -79.6% |
| Taxes | 670/3 | €200,000 | €40,891 | -€159,109 | -79.6% |
| Profit (loss) for the period | 9904 | €475,799 | -€52,857 | -€528,656 | |
| Transfer from tax-exempt reserves | 789 | €45,129 | €45,129 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €520,928 | -€7,728 | -€528,656 |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 14 October 2026 via checked.be.