Callens & Bruynoghe: what changed
Callens & Bruynoghe
Largest movements
- Cash +€76,297
up €76,297 (+81.6%), from €93,450 to €169,747
mainly Net result for the year (+€133,272) and Tax, wage and social debts (+€30,518)
- Current investments +€69,710
up €69,710 (+29.0%), from €240,000 to €309,710
- Receivables within one year +€33,362
up €33,362 (+137%), from €24,440 to €57,802
of which Trade receivables: +€26,118
- Tangible fixed assets -€8,917
down €8,917 (-75.3%), from €11,844 to €2,927
of which Plant, machinery and equipment: -€8,082
- Reserves +€133,272
up €133,272 (+39.0%), from €341,412 to €474,685
- Tax, wage and social debts +€30,518
up €30,518 (+290%), from €10,520 to €41,038
of which Taxes: +€17,460
- Gross operating margin +€67,266
up €67,266 (+104%), from €64,802 to €132,068
- Financial income +€26,453
up €26,453 (+481%), from €5,502 to €31,955
- Taxes +€15,692
up €15,692 (+6,749%), from €233 to €15,924
- Financial charges -€3,222
down €3,222 (-89.6%), from €3,596 to €375
- Depreciation -€3,137
down €3,137 (-19.7%), from €15,929 to €12,792
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €374,277 | €540,804 | +€166,527 | +44.5% |
| Fixed assets | 21/28 | €15,719 | €2,927 | -€12,792 | -81.4% |
| Intangible fixed assets | 21 | €3,875 | €0 | -€3,875 | -100% |
| Tangible fixed assets | 22/27 | €11,844 | €2,927 | -€8,917 | -75.3% |
| Plant, machinery and equipment | 23 | €9,649 | €1,566 | -€8,082 | -83.8% |
| Furniture and vehicles | 24 | €2,195 | €1,361 | -€834 | -38.0% |
| Current assets | 29/58 | €358,558 | €537,877 | +€179,319 | +50.0% |
| Stocks and contracts in progress | 3 | - | €307 | +€307 | |
| Stocks | 30/36 | - | €307 | +€307 | |
| Amounts receivable within one year | 40/41 | €24,440 | €57,802 | +€33,362 | +137% |
| Trade receivables | 40 | €23,022 | €49,140 | +€26,118 | +113% |
| Other amounts receivable | 41 | €1,418 | €8,662 | +€7,244 | +511% |
| Current investments | 50/53 | €240,000 | €309,710 | +€69,710 | +29.0% |
| Cash at bank and in hand | 54/58 | €93,450 | €169,747 | +€76,297 | +81.6% |
| Deferred charges and accrued income | 490/1 | €668 | €311 | -€357 | -53.5% |
| Total equity and liabilities | 10/49 | €374,277 | €540,804 | +€166,527 | +44.5% |
| Equity | 10/15 | €360,012 | €493,285 | +€133,272 | +37.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €341,412 | €474,685 | +€133,272 | +39.0% |
| Distributable reserves | 133 | €341,412 | €474,685 | +€133,272 | +39.0% |
| Profit (loss) carried forward | 14 | €0 | - | = | |
| Amounts payable | 17/49 | €14,264 | €47,519 | +€33,255 | +233% |
| Amounts payable within one year | 42/48 | €14,116 | €47,426 | +€33,310 | +236% |
| Trade debts | 44 | €3,483 | €2,229 | -€1,254 | -36.0% |
| Suppliers | 440/4 | €3,483 | €2,229 | -€1,254 | -36.0% |
| Taxes, remuneration and social security | 45 | €10,520 | €41,038 | +€30,518 | +290% |
| Taxes | 450/3 | €10,520 | €27,980 | +€17,460 | +166% |
| Remuneration and social security | 454/9 | - | €13,057 | +€13,057 | |
| Other amounts payable | 47/48 | €112 | €4,159 | +€4,047 | +3,603% |
| Accrued charges and deferred income | 492/3 | €148 | €93 | -€55 | -37.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,929 | €12,792 | -€3,137 | -19.7% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €900 | +€900 | |
| Other operating charges | 640/8 | €813 | €760 | -€54 | -6.6% |
| Gross operating margin | 9900 | €64,802 | €132,068 | +€67,266 | +104% |
| Operating profit (loss) | 9901 | €48,060 | €117,617 | +€69,557 | +145% |
| Financial income | 75/76B | €5,502 | €31,955 | +€26,453 | +481% |
| Recurring financial income | 75 | €5,502 | €31,955 | +€26,453 | +481% |
| Financial charges | 65/66B | €3,596 | €375 | -€3,222 | -89.6% |
| Recurring financial charges | 65 | €3,596 | €375 | -€3,222 | -89.6% |
| Profit (loss) for the period before taxes | 9903 | €49,965 | €149,197 | +€99,232 | +199% |
| Income taxes | 67/77 | €233 | €15,924 | +€15,692 | +6,749% |
| Profit (loss) for the period | 9904 | €49,732 | €133,272 | +€83,540 | +168% |
| Profit (loss) for the period to be appropriated | 9905 | €49,732 | €133,272 | +€83,540 | +168% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 4 November 2026 via checked.be.