CALLIOPE: 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.
CALLIOPE
Largest movements
- Receivables within one year -€7,939
down €7,939 (-41.3%), from €19,229 to €11,290
of which Trade receivables: -€8,188
- Cash -€2,947
down €2,947 (-27.6%), from €10,687 to €7,740
mainly Net result for the year (-€5,986) and Investment in fixed assets (net) (-€5,024)
- Tangible fixed assets +€2,668
up €2,668 (+53.5%), from €4,987 to €7,654
of which Furniture and vehicles: +€3,318
- Stocks and contracts -€705
down €705 (-27.0%), from €2,613 to €1,908
- Deferred charges and accrued income -€613
down €613 (-57.9%), from €1,058 to €445
- Reserves -€5,795
down €5,795 (-25.8%), from €22,469 to €16,674
- Tax, wage and social debts -€2,280
down €2,280 (-38.2%), from €5,973 to €3,692
- Other debts -€779
no longer reported in 2024 (was €779)
- Gross operating margin +€5,938
up €5,938 (+80.6%), from -€7,367 to -€1,429
- Other operating charges -€337
down €337 (-21.4%), from €1,576 to €1,239
- Financial charges -€239
down €239 (-24.2%), from €989 to €750
- Depreciation +€121
up €121 (+5.4%), from €2,235 to €2,357
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €38,573 | €29,038 | -€9,536 | -24.7% |
| Fixed assets | 21/28 | €4,987 | €7,654 | +€2,668 | +53.5% |
| Tangible fixed assets | 22/27 | €4,987 | €7,654 | +€2,668 | +53.5% |
| Land and buildings | 22 | €2,181 | €1,530 | -€651 | -29.8% |
| Furniture and vehicles | 24 | €2,806 | €6,124 | +€3,318 | +118.3% |
| Current assets | 29/58 | €33,587 | €21,384 | -€12,203 | -36.3% |
| Stocks and contracts in progress | 3 | €2,613 | €1,908 | -€705 | -27.0% |
| Stocks | 30/36 | €2,613 | €1,908 | -€705 | -27.0% |
| Amounts receivable within one year | 40/41 | €19,229 | €11,290 | -€7,939 | -41.3% |
| Trade receivables | 40 | €14,041 | €5,852 | -€8,188 | -58.3% |
| Other amounts receivable | 41 | €5,188 | €5,438 | +€250 | +4.8% |
| Cash at bank and in hand | 54/58 | €10,687 | €7,740 | -€2,947 | -27.6% |
| Deferred charges and accrued income | 490/1 | €1,058 | €445 | -€613 | -57.9% |
| Total equity and liabilities | 10/49 | €38,573 | €29,038 | -€9,536 | -24.7% |
| Equity | 10/15 | €29,169 | €23,183 | -€5,986 | -20.5% |
| Contributions | 10/11 | €6,700 | €6,700 | = | 0.0% |
| Reserves | 13 | €22,469 | €16,674 | -€5,795 | -25.8% |
| Distributable reserves | 133 | €22,469 | €16,674 | -€5,795 | -25.8% |
| Profit (loss) carried forward | 14 | - | -€191 | -€191 | |
| Amounts payable | 17/49 | €9,404 | €5,855 | -€3,550 | -37.7% |
| Amounts payable within one year | 42/48 | €7,630 | €4,192 | -€3,438 | -45.1% |
| Trade debts | 44 | €878 | €499 | -€379 | -43.1% |
| Suppliers | 440/4 | €878 | €499 | -€379 | -43.1% |
| Taxes, remuneration and social security | 45 | €5,973 | €3,692 | -€2,280 | -38.2% |
| Taxes | 450/3 | €5,973 | €3,692 | -€2,280 | -38.2% |
| Other amounts payable | 47/48 | €779 | - | -€779 | |
| Accrued charges and deferred income | 492/3 | €1,774 | €1,663 | -€111 | -6.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,235 | €2,357 | +€121 | +5.4% |
| Other operating charges | 640/8 | €1,576 | €1,239 | -€337 | -21.4% |
| Gross operating margin | 9900 | -€7,367 | -€1,429 | +€5,938 | +80.6% |
| Operating profit (loss) | 9901 | -€11,178 | -€5,025 | +€6,153 | +55.0% |
| Financial income | 75/76B | €1 | €1 | -€0 | -26.4% |
| Recurring financial income | 75 | €1 | €1 | -€0 | -26.4% |
| Financial charges | 65/66B | €989 | €750 | -€239 | -24.2% |
| Recurring financial charges | 65 | €989 | €750 | -€239 | -24.2% |
| Profit (loss) for the period before taxes | 9903 | -€12,165 | -€5,773 | +€6,392 | +52.5% |
| Income taxes | 67/77 | €207 | €213 | +€6 | +2.9% |
| Profit (loss) for the period | 9904 | -€12,372 | -€5,986 | +€6,386 | +51.6% |
| Profit (loss) for the period to be appropriated | 9905 | -€12,372 | -€5,986 | +€6,386 | +51.6% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 2 October 2026 via checked.be.