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.
CALLENS
Largest movements
- Cash +€39,413
up €39,413 (+22.6%), from €174,048 to €213,461
mainly Net result for the year (+€66,621) and Depreciation (+€4,280)
- Reserves +€66,621
up €66,621 (+26.3%), from €253,507 to €320,128
- Current portion of long-term debt -€11,790
down €11,790 (-58.0%), from €20,313 to €8,523
- Tax, wage and social debts -€11,264
down €11,264 (-60.1%), from €18,741 to €7,477
- Debts after one year -€8,523
down €8,523 (-3.6%), from €233,523 to €225,000
- Gross operating margin -€72,005
down €72,005 (-50.5%), from €142,521 to €70,516
- Financial income +€21,056
up €21,056 (+533.9%), from €3,944 to €25,000
- Taxes -€11,537
down €11,537 (-40.4%), from €28,583 to €17,046
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.
Cash bridge derived
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 | €616,636 | €653,912 | +€37,276 | +6.0% |
| Fixed assets | 21/28 | €42,749 | €38,469 | -€4,280 | -10.0% |
| Tangible fixed assets | 22/27 | €17,249 | €12,969 | -€4,280 | -24.8% |
| Furniture and vehicles | 24 | €17,249 | €12,969 | -€4,280 | -24.8% |
| Financial fixed assets | 28 | €25,500 | €25,500 | = | 0.0% |
| Current assets | 29/58 | €573,887 | €615,443 | +€41,556 | +7.2% |
| Amounts receivable after more than one year | 29 | €374,601 | €374,601 | = | 0.0% |
| Other amounts receivable | 291 | €374,601 | €374,601 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €25,232 | €26,835 | +€1,604 | +6.4% |
| Trade receivables | 40 | €17,292 | €18,882 | +€1,590 | +9.2% |
| Other amounts receivable | 41 | €7,940 | €7,954 | +€14 | +0.2% |
| Cash at bank and in hand | 54/58 | €174,048 | €213,461 | +€39,413 | +22.6% |
| Deferred charges and accrued income | 490/1 | €7 | €546 | +€539 | +7479.4% |
| Total equity and liabilities | 10/49 | €616,636 | €653,912 | +€37,276 | +6.0% |
| Equity | 10/15 | €283,507 | €350,128 | +€66,621 | +23.5% |
| Contributions | 10/11 | €30,000 | €30,000 | = | 0.0% |
| Reserves | 13 | €253,507 | €320,128 | +€66,621 | +26.3% |
| Distributable reserves | 133 | €253,507 | €320,128 | +€66,621 | +26.3% |
| Amounts payable | 17/49 | €333,129 | €303,784 | -€29,345 | -8.8% |
| Amounts payable after more than one year | 17 | €233,523 | €225,000 | -€8,523 | -3.6% |
| Financial debts | 170/4 | €233,523 | €225,000 | -€8,523 | -3.6% |
| Amounts payable within one year | 42/48 | €97,999 | €77,176 | -€20,822 | -21.2% |
| Current portion of amounts payable after more than one year | 42 | €20,313 | €8,523 | -€11,790 | -58.0% |
| Trade debts | 44 | €303 | €1,000 | +€698 | +230.6% |
| Suppliers | 440/4 | €303 | €1,000 | +€698 | +230.6% |
| Taxes, remuneration and social security | 45 | €18,741 | €7,477 | -€11,264 | -60.1% |
| Taxes | 450/3 | €18,741 | €7,477 | -€11,264 | -60.1% |
| Other amounts payable | 47/48 | €58,642 | €60,176 | +€1,534 | +2.6% |
| Accrued charges and deferred income | 492/3 | €1,607 | €1,607 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,151 | €4,280 | +€129 | +3.1% |
| Other operating charges | 640/8 | €830 | €657 | -€173 | -20.8% |
| Non-recurring operating charges | 66A | €421 | €0 | -€421 | -100.0% |
| Gross operating margin | 9900 | €142,521 | €70,516 | -€72,005 | -50.5% |
| Operating profit (loss) | 9901 | €137,119 | €65,580 | -€71,540 | -52.2% |
| Financial income | 75/76B | €3,944 | €25,000 | +€21,056 | +533.9% |
| Recurring financial income | 75 | €3,944 | €25,000 | +€21,056 | +533.9% |
| Financial charges | 65/66B | €7,452 | €6,912 | -€539 | -7.2% |
| Recurring financial charges | 65 | €7,452 | €6,912 | -€539 | -7.2% |
| Profit (loss) for the period before taxes | 9903 | €133,612 | €83,667 | -€49,945 | -37.4% |
| Income taxes | 67/77 | €28,583 | €17,046 | -€11,537 | -40.4% |
| Profit (loss) for the period | 9904 | €105,029 | €66,621 | -€38,408 | -36.6% |
| Profit (loss) for the period to be appropriated | 9905 | €105,029 | €66,621 | -€38,408 | -36.6% |
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 10 October 2026 via checked.be.