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
- Tangible fixed assets +€33,181
up €33,181 (+11.4%), from €290,929 to €324,110
of which Land and buildings: +€40,992
- Cash +€7,908
up €7,908 (+14.9%), from €53,225 to €61,133
mainly Net result for the year (+€31,452) and Depreciation (+€28,454)
- Reserves +€29,552
up €29,552 (+15.6%), from €189,685 to €219,237
of which Distributable reserves: +€29,552
- Tax, wage and social debts +€9,968
up €9,968 (+325.4%), from €3,063 to €13,032
- Debts after one year +€6,279
up €6,279 (+6.4%), from €97,511 to €103,790
- Other debts -€4,670
down €4,670 (-43.0%), from €10,866 to €6,195
- Current portion of long-term debt +€4,145
up €4,145 (+17.0%), from €24,336 to €28,481
- Gross operating margin -€5,248
down €5,248 (-5.5%), from €95,163 to €89,915
- Depreciation +€2,386
up €2,386 (+9.2%), from €26,068 to €28,454
- Other operating charges +€1,433
up €1,433 (+15.0%), from €9,576 to €11,009
- Financial charges +€1,252
up €1,252 (+17.8%), from €7,036 to €8,288
- Taxes -€1,095
down €1,095 (-8.8%), from €12,376 to €11,281
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 | €367,344 | €410,504 | +€43,160 | +11.7% |
| Fixed assets | 21/28 | €291,064 | €324,245 | +€33,181 | +11.4% |
| Tangible fixed assets | 22/27 | €290,929 | €324,110 | +€33,181 | +11.4% |
| Land and buildings | 22 | €71,499 | €112,492 | +€40,992 | +57.3% |
| Plant, machinery and equipment | 23 | €5,331 | €4,513 | -€818 | -15.3% |
| Furniture and vehicles | 24 | €532 | €1,763 | +€1,232 | +231.6% |
| Other tangible fixed assets | 26 | €213,567 | €205,342 | -€8,225 | -3.9% |
| Financial fixed assets | 28 | €135 | €135 | = | 0.0% |
| Current assets | 29/58 | €76,280 | €86,260 | +€9,979 | +13.1% |
| Amounts receivable within one year | 40/41 | €17,990 | €19,826 | +€1,836 | +10.2% |
| Trade receivables | 40 | €13,507 | €16,210 | +€2,704 | +20.0% |
| Other amounts receivable | 41 | €4,483 | €3,616 | -€867 | -19.3% |
| Cash at bank and in hand | 54/58 | €53,225 | €61,133 | +€7,908 | +14.9% |
| Deferred charges and accrued income | 490/1 | €5,065 | €5,300 | +€236 | +4.7% |
| Total equity and liabilities | 10/49 | €367,344 | €410,504 | +€43,160 | +11.7% |
| Equity | 10/15 | €214,685 | €244,237 | +€29,552 | +13.8% |
| Contributions | 10/11 | €25,000 | €25,000 | = | 0.0% |
| Reserves | 13 | €189,685 | €219,237 | +€29,552 | +15.6% |
| Tax-exempt reserves | 132 | €28,036 | €28,036 | = | 0.0% |
| Distributable reserves | 133 | €161,649 | €191,202 | +€29,552 | +18.3% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €152,659 | €166,267 | +€13,608 | +8.9% |
| Amounts payable after more than one year | 17 | €97,511 | €103,790 | +€6,279 | +6.4% |
| Financial debts | 170/4 | €97,511 | €103,790 | +€6,279 | +6.4% |
| Amounts payable within one year | 42/48 | €55,149 | €62,478 | +€7,329 | +13.3% |
| Current portion of amounts payable after more than one year | 42 | €24,336 | €28,481 | +€4,145 | +17.0% |
| Trade debts | 44 | €16,883 | €14,770 | -€2,113 | -12.5% |
| Suppliers | 440/4 | €16,883 | €14,770 | -€2,113 | -12.5% |
| Taxes, remuneration and social security | 45 | €3,063 | €13,032 | +€9,968 | +325.4% |
| Taxes | 450/3 | €3,063 | €13,032 | +€9,968 | +325.4% |
| Other amounts payable | 47/48 | €10,866 | €6,195 | -€4,670 | -43.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €26,068 | €28,454 | +€2,386 | +9.2% |
| Other operating charges | 640/8 | €9,576 | €11,009 | +€1,433 | +15.0% |
| Gross operating margin | 9900 | €95,163 | €89,915 | -€5,248 | -5.5% |
| Operating profit (loss) | 9901 | €59,519 | €50,452 | -€9,067 | -15.2% |
| Financial income | 75/76B | €366 | €569 | +€204 | +55.6% |
| Recurring financial income | 75 | €366 | €569 | +€204 | +55.6% |
| Financial charges | 65/66B | €7,036 | €8,288 | +€1,252 | +17.8% |
| Recurring financial charges | 65 | €7,036 | €8,288 | +€1,252 | +17.8% |
| Profit (loss) for the period before taxes | 9903 | €52,849 | €42,733 | -€10,116 | -19.1% |
| Income taxes | 67/77 | €12,376 | €11,281 | -€1,095 | -8.8% |
| Profit (loss) for the period | 9904 | €40,473 | €31,452 | -€9,021 | -22.3% |
| Profit (loss) for the period to be appropriated | 9905 | €40,473 | €31,452 | -€9,021 | -22.3% |
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.