CALLENS HENK: 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 HENK
Largest movements
- Receivables within one year -€11,021
down €11,021 (-78.0%), from €14,122 to €3,100
of which Other amounts receivable: -€11,000
- Cash -€8,160
down €8,160 (-79.0%), from €10,328 to €2,168
mainly Net result for the year (-€13,371) and Other debts (-€4,075)
- Tangible fixed assets -€2,370
down €2,370 (-82.3%), from €2,881 to €511
of which Plant, machinery and equipment: -€2,370
- Deferred charges and accrued income -€2,000
down €2,000 (-20.0%), from €10,000 to €8,000
- Profit (loss) carried forward -€13,371
down €13,371 (-8.1%), from -€164,547 to -€177,918
- Other debts -€4,075
down €4,075 (-2.7%), from €152,730 to €148,654
- Tax, wage and social debts -€3,653
down €3,653 (-85.2%), from €4,287 to €633
- Trade debts -€2,752
down €2,752 (-60.5%), from €4,546 to €1,794
- Gross operating margin -€26,209
down €26,209 (-95.7%), from €27,390 to €1,181
- Financial charges +€8,357
up €8,357 (+302%), from €2,764 to €11,121
of which Non-recurring financial charges: +€11,000
- Other operating charges -€3,522
down €3,522 (-96.1%), from €3,666 to €144
- Taxes +€664
new in 2025: €664
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 | €37,935 | €14,083 | -€23,852 | -62.9% |
| Formation expenses | 20 | €0 | €0 | = | |
| Fixed assets | 21/28 | €3,486 | €815 | -€2,670 | -76.6% |
| Intangible fixed assets | 21 | €605 | €305 | -€300 | -49.6% |
| Tangible fixed assets | 22/27 | €2,881 | €511 | -€2,370 | -82.3% |
| Plant, machinery and equipment | 23 | €2,881 | €511 | -€2,370 | -82.3% |
| Furniture and vehicles | 24 | €0 | €0 | = | |
| Current assets | 29/58 | €34,449 | €13,268 | -€21,181 | -61.5% |
| Amounts receivable within one year | 40/41 | €14,122 | €3,100 | -€11,021 | -78.0% |
| Trade receivables | 40 | €3,122 | €3,100 | -€21 | -0.7% |
| Other amounts receivable | 41 | €11,000 | - | -€11,000 | |
| Cash at bank and in hand | 54/58 | €10,328 | €2,168 | -€8,160 | -79.0% |
| Deferred charges and accrued income | 490/1 | €10,000 | €8,000 | -€2,000 | -20.0% |
| Total equity and liabilities | 10/49 | €37,935 | €14,083 | -€23,852 | -62.9% |
| Equity | 10/15 | -€123,627 | -€136,998 | -€13,371 | -10.8% |
| Contributions | 10/11 | €37,200 | €37,200 | = | 0.0% |
| Reserves | 13 | €3,720 | €3,720 | = | 0.0% |
| Non-distributable reserves | 130/1 | €3,720 | €3,720 | = | 0.0% |
| Reserves not available under the articles | 1311 | €3,720 | €3,720 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€164,547 | -€177,918 | -€13,371 | -8.1% |
| Amounts payable | 17/49 | €161,562 | €151,082 | -€10,480 | -6.5% |
| Amounts payable within one year | 42/48 | €161,562 | €151,082 | -€10,480 | -6.5% |
| Trade debts | 44 | €4,546 | €1,794 | -€2,752 | -60.5% |
| Suppliers | 440/4 | €4,546 | €1,794 | -€2,752 | -60.5% |
| Taxes, remuneration and social security | 45 | €4,287 | €633 | -€3,653 | -85.2% |
| Taxes | 450/3 | €4,287 | €633 | -€3,653 | -85.2% |
| Other amounts payable | 47/48 | €152,730 | €148,654 | -€4,075 | -2.7% |
| Non-recurring operating income | 76A | €10,000 | - | -€10,000 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,670 | €2,670 | = | 0.0% |
| Other operating charges | 640/8 | €3,666 | €144 | -€3,522 | -96.1% |
| Non-recurring operating charges | 66A | €122,523 | - | -€122,523 | |
| Gross operating margin | 9900 | €27,390 | €1,181 | -€26,209 | -95.7% |
| Operating profit (loss) | 9901 | -€101,469 | -€1,633 | +€99,836 | +98.4% |
| Financial income | 75/76B | €240 | €48 | -€192 | -80.1% |
| Recurring financial income | 75 | €240 | €48 | -€192 | -80.1% |
| Financial charges | 65/66B | €2,764 | €11,121 | +€8,357 | +302% |
| Recurring financial charges | 65 | €2,764 | €121 | -€2,643 | -95.6% |
| Non-recurring financial charges | 66B | - | €11,000 | +€11,000 | |
| Profit (loss) for the period before taxes | 9903 | -€103,994 | -€12,707 | +€91,287 | +87.8% |
| Income taxes | 67/77 | - | €664 | +€664 | |
| Profit (loss) for the period | 9904 | -€103,994 | -€13,371 | +€90,623 | +87.1% |
| Profit (loss) for the period to be appropriated | 9905 | -€103,994 | -€13,371 | +€90,623 | +87.1% |
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 24 October 2026 via checked.be.