Calligraphic: 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.
Calligraphic
Largest movements
- Receivables within one year +€34,452
up €34,452 (+222.7%), from €15,471 to €49,923
- Cash -€28,452
down €28,452 (-52.3%), from €54,439 to €25,987
mainly Receivables within one year (-€34,452) and Contributions, distributions and other (-€12,000)
- Tangible fixed assets +€5,003
up €5,003 (+43.4%), from €11,541 to €16,543
- Other debts +€12,418
up €12,418 (+82.8%), from €14,991 to €27,408
- Tax, wage and social debts -€3,801
down €3,801 (-21.5%), from €17,701 to €13,899
of which Taxes: -€3,801
- Trade debts +€2,327
up €2,327 (+14.6%), from €15,934 to €18,261
- Gross operating margin -€11,140
down €11,140 (-40.0%), from €27,845 to €16,705
- Taxes -€4,392
down €4,392 (-41.7%), from €10,529 to €6,138
- Financial income +€3,960
up €3,960 (+95886.0%), from €4 to €3,964
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 | €82,255 | €93,225 | +€10,970 | +13.3% |
| Fixed assets | 21/28 | €11,603 | €16,543 | +€4,941 | +42.6% |
| Tangible fixed assets | 22/27 | €11,541 | €16,543 | +€5,003 | +43.4% |
| Other tangible fixed assets | 26 | €11,541 | €16,543 | +€5,003 | +43.4% |
| Financial fixed assets | 28 | €62 | €0 | -€62 | -100.0% |
| Current assets | 29/58 | €70,653 | €76,682 | +€6,029 | +8.5% |
| Amounts receivable within one year | 40/41 | €15,471 | €49,923 | +€34,452 | +222.7% |
| Trade receivables | 40 | €15,471 | €49,923 | +€34,452 | +222.7% |
| Cash at bank and in hand | 54/58 | €54,439 | €25,987 | -€28,452 | -52.3% |
| Deferred charges and accrued income | 490/1 | €743 | €771 | +€29 | +3.9% |
| Total equity and liabilities | 10/49 | €82,255 | €93,225 | +€10,970 | +13.3% |
| Equity | 10/15 | €33,630 | €33,657 | +€27 | +0.1% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €27,210 | €27,210 | = | 0.0% |
| Distributable reserves | 133 | €27,210 | €27,210 | = | 0.0% |
| Profit (loss) carried forward | 14 | €220 | €247 | +€27 | +12.2% |
| Amounts payable | 17/49 | €48,625 | €59,568 | +€10,943 | +22.5% |
| Amounts payable within one year | 42/48 | €48,625 | €59,568 | +€10,943 | +22.5% |
| Trade debts | 44 | €15,934 | €18,261 | +€2,327 | +14.6% |
| Suppliers | 440/4 | €15,934 | €18,261 | +€2,327 | +14.6% |
| Taxes, remuneration and social security | 45 | €17,701 | €13,899 | -€3,801 | -21.5% |
| Taxes | 450/3 | €15,701 | €11,899 | -€3,801 | -24.2% |
| Remuneration and social security | 454/9 | €2,000 | €2,000 | = | 0.0% |
| Other amounts payable | 47/48 | €14,991 | €27,408 | +€12,418 | +82.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,345 | €1,480 | +€135 | +10.0% |
| Other operating charges | 640/8 | €608 | €786 | +€178 | +29.3% |
| Gross operating margin | 9900 | €27,845 | €16,705 | -€11,140 | -40.0% |
| Operating profit (loss) | 9901 | €25,892 | €14,439 | -€11,453 | -44.2% |
| Financial income | 75/76B | €4 | €3,964 | +€3,960 | +95886.0% |
| Recurring financial income | 75 | €4 | €3,964 | +€3,960 | +95886.0% |
| Financial charges | 65/66B | €208 | €239 | +€31 | +14.9% |
| Recurring financial charges | 65 | €208 | €239 | +€31 | +14.9% |
| Profit (loss) for the period before taxes | 9903 | €25,688 | €18,164 | -€7,524 | -29.3% |
| Income taxes | 67/77 | €10,529 | €6,138 | -€4,392 | -41.7% |
| Profit (loss) for the period | 9904 | €15,159 | €12,027 | -€3,132 | -20.7% |
| Profit (loss) for the period to be appropriated | 9905 | €15,159 | €12,027 | -€3,132 | -20.7% |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.