Callu: 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.
Callu
Largest movements
- Receivables within one year -€826,943
down €826,943 (-46.8%), from €1.8m to €938,628
of which Trade receivables: -€901,725
- Stocks and contracts -€149,596
down €149,596 (-31.2%), from €478,772 to €329,176
of which Contracts in progress: -€177,189
- Tangible fixed assets +€113,883
up €113,883 (+58.8%), from €193,587 to €307,470
of which Plant, machinery and equipment: +€72,465
- Financial fixed assets +€48,000
new in 2025: €48,000
- Other debts -€499,576
down €499,576 (-38.4%), from €1.3m to €800,425
- Tax, wage and social debts -€207,010
down €207,010 (-35.9%), from €577,090 to €370,080
of which Taxes: -€230,142
- Reserves -€141,174
down €141,174 (-19.0%), from €741,859 to €600,685
- Gross operating margin -€835,965
down €835,965 (-32.9%), from €2.5m to €1.7m
- Taxes -€265,806
down €265,806 (-53.6%), from €496,093 to €230,288
- Staff costs +€227,865
up €227,865 (+44.2%), from €516,113 to €743,977
- Depreciation +€27,534
up €27,534 (+74.4%), from €37,012 to €64,546
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 | €3,156,628 | €2,327,657 | -€828,971 | -26.3% |
| Fixed assets | 21/28 | €193,587 | €355,470 | +€161,883 | +83.6% |
| Tangible fixed assets | 22/27 | €193,587 | €307,470 | +€113,883 | +58.8% |
| Plant, machinery and equipment | 23 | €134,714 | €207,179 | +€72,465 | +53.8% |
| Furniture and vehicles | 24 | €58,873 | €100,291 | +€41,418 | +70.4% |
| Financial fixed assets | 28 | - | €48,000 | +€48,000 | |
| Current assets | 29/58 | €2,963,040 | €1,972,186 | -€990,854 | -33.4% |
| Stocks and contracts in progress | 3 | €478,772 | €329,176 | -€149,596 | -31.2% |
| Stocks | 30/36 | €55,481 | €83,073 | +€27,592 | +49.7% |
| Contracts in progress | 37 | €423,291 | €246,103 | -€177,189 | -41.9% |
| Amounts receivable within one year | 40/41 | €1,765,571 | €938,628 | -€826,943 | -46.8% |
| Trade receivables | 40 | €1,725,352 | €823,628 | -€901,725 | -52.3% |
| Other amounts receivable | 41 | €40,218 | €115,000 | +€74,782 | +186% |
| Cash at bank and in hand | 54/58 | €707,485 | €679,919 | -€27,565 | -3.9% |
| Deferred charges and accrued income | 490/1 | €11,213 | €24,464 | +€13,251 | +118% |
| Total equity and liabilities | 10/49 | €3,156,628 | €2,327,657 | -€828,971 | -26.3% |
| Equity | 10/15 | €791,859 | €650,685 | -€141,174 | -17.8% |
| Contributions | 10/11 | €50,000 | €50,000 | = | 0.0% |
| Reserves | 13 | €741,859 | €600,685 | -€141,174 | -19.0% |
| Distributable reserves | 133 | €741,859 | €600,685 | -€141,174 | -19.0% |
| Amounts payable | 17/49 | €2,364,768 | €1,676,972 | -€687,797 | -29.1% |
| Amounts payable after more than one year | 17 | €32,607 | €57,850 | +€25,243 | +77.4% |
| Financial debts | 170/4 | €32,607 | €57,850 | +€25,243 | +77.4% |
| Amounts payable within one year | 42/48 | €2,332,162 | €1,619,122 | -€713,040 | -30.6% |
| Current portion of amounts payable after more than one year | 42 | €13,704 | €14,357 | +€653 | +4.8% |
| Trade debts | 44 | €441,368 | €434,261 | -€7,108 | -1.6% |
| Suppliers | 440/4 | €441,368 | €434,261 | -€7,108 | -1.6% |
| Taxes, remuneration and social security | 45 | €577,090 | €370,080 | -€207,010 | -35.9% |
| Taxes | 450/3 | €500,931 | €270,789 | -€230,142 | -45.9% |
| Remuneration and social security | 454/9 | €76,158 | €99,291 | +€23,132 | +30.4% |
| Other amounts payable | 47/48 | €1,300,000 | €800,425 | -€499,576 | -38.4% |
| Remuneration, social security and pensions | 62 | €516,113 | €743,977 | +€227,865 | +44.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €37,012 | €64,546 | +€27,534 | +74.4% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €194 | +€194 | |
| Other operating charges | 640/8 | €5,391 | €3,052 | -€2,339 | -43.4% |
| Gross operating margin | 9900 | €2,541,217 | €1,705,251 | -€835,965 | -32.9% |
| Operating profit (loss) | 9901 | €1,982,701 | €893,482 | -€1.1m | -54.9% |
| Financial income | 75/76B | €925 | €900 | -€25 | -2.7% |
| Recurring financial income | 75 | €925 | €900 | -€25 | -2.7% |
| Financial charges | 65/66B | €8,210 | €5,269 | -€2,942 | -35.8% |
| Recurring financial charges | 65 | €8,210 | €5,269 | -€2,942 | -35.8% |
| Profit (loss) for the period before taxes | 9903 | €1,975,416 | €889,114 | -€1.1m | -55.0% |
| Income taxes | 67/77 | €496,093 | €230,288 | -€265,806 | -53.6% |
| Profit (loss) for the period | 9904 | €1,479,322 | €658,826 | -€820,496 | -55.5% |
| Profit (loss) for the period to be appropriated | 9905 | €1,479,322 | €658,826 | -€820,496 | -55.5% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 15 October 2026 via checked.be.