CALLENSTEF: what changed
Two fiscal 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.
CALLENSTEF
Largest movements
- Financial fixed assets +€409,200
up €409,200 (+53.3%), from €768,019 to €1.2m
- Tangible fixed assets +€117,264
up €117,264 (+10.2%), from €1.2m to €1.3m
- Receivables after one year -€27,000
down €27,000 (-100.0%), from €27,000 to €0
- Other debts +€507,046
up €507,046, from €0 to €507,046
- Advances received -€30,093
down €30,093 (-100.0%), from €30,093 to €0
- Financial income -€18,955
down €18,955 (-48.4%), from €39,183 to €20,228
- Gross operating margin +€16,057
up €16,057 (+14.3%), from €111,996 to €128,053
- Other operating charges -€4,801
down €4,801 (-4.8%), from €100,278 to €95,477
- Depreciation +€3,972
up €3,972 (+10.2%), from €38,846 to €42,817
- Financial charges +€3,263
up €3,263 (+1857.3%), from €176 to €3,438
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 | €2,172,263 | €2,643,757 | +€471,495 | +21.7% |
| Fixed assets | 21/28 | €1,922,172 | €2,448,636 | +€526,464 | +27.4% |
| Tangible fixed assets | 22/27 | €1,154,153 | €1,271,417 | +€117,264 | +10.2% |
| Land and buildings | 22 | €1,154,153 | €1,271,417 | +€117,264 | +10.2% |
| Financial fixed assets | 28 | €768,019 | €1,177,219 | +€409,200 | +53.3% |
| Current assets | 29/58 | €250,090 | €195,122 | -€54,969 | -22.0% |
| Amounts receivable after more than one year | 29 | €27,000 | €0 | -€27,000 | -100.0% |
| Other amounts receivable | 291 | €27,000 | €0 | -€27,000 | -100.0% |
| Amounts receivable within one year | 40/41 | €159,964 | €141,386 | -€18,578 | -11.6% |
| Trade receivables | 40 | €8,795 | €10,183 | +€1,388 | +15.8% |
| Other amounts receivable | 41 | €151,169 | €131,203 | -€19,967 | -13.2% |
| Cash at bank and in hand | 54/58 | €62,721 | €53,736 | -€8,985 | -14.3% |
| Deferred charges and accrued income | 490/1 | €405 | €0 | -€405 | -100.0% |
| Total equity and liabilities | 10/49 | €2,172,263 | €2,643,757 | +€471,495 | +21.7% |
| Equity | 10/15 | €2,039,329 | €2,049,416 | +€10,087 | +0.5% |
| Contributions | 10/11 | €416,893 | €416,893 | = | 0.0% |
| Reserves | 13 | €63,474 | €63,474 | = | 0.0% |
| Distributable reserves | 133 | €63,474 | €63,474 | = | 0.0% |
| Profit (loss) carried forward | 14 | €1,558,963 | €1,569,050 | +€10,087 | +0.6% |
| Provisions and deferred taxes | 16 | €35,642 | €32,104 | -€3,538 | -9.9% |
| Deferred taxes | 168 | €35,642 | €32,104 | -€3,538 | -9.9% |
| Amounts payable | 17/49 | €97,291 | €562,237 | +€464,946 | +477.9% |
| Amounts payable within one year | 42/48 | €86,212 | €531,785 | +€445,573 | +516.8% |
| Trade debts | 44 | €23,866 | €4,708 | -€19,157 | -80.3% |
| Suppliers | 440/4 | €23,866 | €4,708 | -€19,157 | -80.3% |
| Advances received on contracts in progress | 46 | €30,093 | €0 | -€30,093 | -100.0% |
| Taxes, remuneration and social security | 45 | €32,253 | €20,030 | -€12,223 | -37.9% |
| Taxes | 450/3 | €32,253 | €20,030 | -€12,223 | -37.9% |
| Other amounts payable | 47/48 | €0 | €507,046 | +€507,046 | |
| Accrued charges and deferred income | 492/3 | €11,080 | €30,453 | +€19,373 | +174.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €38,846 | €42,817 | +€3,972 | +10.2% |
| Other operating charges | 640/8 | €100,278 | €95,477 | -€4,801 | -4.8% |
| Gross operating margin | 9900 | €111,996 | €128,053 | +€16,057 | +14.3% |
| Operating profit (loss) | 9901 | -€27,128 | -€10,241 | +€16,887 | +62.2% |
| Financial income | 75/76B | €39,183 | €20,228 | -€18,955 | -48.4% |
| Recurring financial income | 75 | €39,183 | €20,228 | -€18,955 | -48.4% |
| Financial charges | 65/66B | €176 | €3,438 | +€3,263 | +1857.3% |
| Recurring financial charges | 65 | €176 | €3,438 | +€3,263 | +1857.3% |
| Profit (loss) for the period before taxes | 9903 | €11,879 | €6,549 | -€5,331 | -44.9% |
| Transfer from deferred taxes | 780 | €3,538 | €3,538 | = | 0.0% |
| Transfer to deferred taxes | 680 | €0 | - | = | |
| Profit (loss) for the period | 9904 | €15,418 | €10,087 | -€5,331 | -34.6% |
| Transfer from tax-exempt reserves | 789 | €0 | - | = | |
| Profit (loss) for the period to be appropriated | 9905 | €15,418 | €10,087 | -€5,331 | -34.6% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 1 October 2026 via checked.be.