CALMA: 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.
CALMA
Largest movements
- Cash +€179,655
up €179,655 (+135%), from €132,820 to €312,475
mainly Current investments (+€156,299) and Depreciation (+€37,101)
- Current investments -€156,299
down €156,299 (-90.9%), from €172,000 to €15,701
- Reserves +€25,103
up €25,103 (+3.8%), from €665,793 to €690,896
- Tax, wage and social debts +€8,091
up €8,091 (+2,050%), from €395 to €8,486
- Taxes +€11,287
up €11,287 (+3,150%), from €358 to €11,646
- Gross operating margin -€10,312
down €10,312 (-12.6%), from €81,907 to €71,594
- Depreciation +€3,364
up €3,364 (+10.0%), from €33,736 to €37,101
- Financial income +€3,331
up €3,331 (+126%), from €2,650 to €5,981
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 | €709,523 | €739,375 | +€29,852 | +4.2% |
| Fixed assets | 21/28 | €394,106 | €399,075 | +€4,969 | +1.3% |
| Tangible fixed assets | 22/27 | €394,106 | €399,075 | +€4,969 | +1.3% |
| Land and buildings | 22 | €388,469 | €391,799 | +€3,330 | +0.9% |
| Plant, machinery and equipment | 23 | €2,159 | €1,696 | -€463 | -21.4% |
| Furniture and vehicles | 24 | €3,479 | €5,581 | +€2,102 | +60.4% |
| Current assets | 29/58 | €315,417 | €340,300 | +€24,883 | +7.9% |
| Stocks and contracts in progress | 3 | €3,000 | €3,000 | = | 0.0% |
| Stocks | 30/36 | €3,000 | €3,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €7,597 | €7,332 | -€264 | -3.5% |
| Trade receivables | 40 | €7,160 | €7,332 | +€172 | +2.4% |
| Other amounts receivable | 41 | €437 | €0 | -€437 | -100% |
| Current investments | 50/53 | €172,000 | €15,701 | -€156,299 | -90.9% |
| Cash at bank and in hand | 54/58 | €132,820 | €312,475 | +€179,655 | +135% |
| Deferred charges and accrued income | 490/1 | - | €1,792 | +€1,792 | |
| Total equity and liabilities | 10/49 | €709,523 | €739,375 | +€29,852 | +4.2% |
| Equity | 10/15 | €675,551 | €700,654 | +€25,103 | +3.7% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €665,793 | €690,896 | +€25,103 | +3.8% |
| Distributable reserves | 133 | €665,793 | €690,896 | +€25,103 | +3.8% |
| Profit (loss) carried forward | 14 | €3,558 | €3,558 | = | 0.0% |
| Amounts payable | 17/49 | €33,972 | €38,721 | +€4,749 | +14.0% |
| Amounts payable within one year | 42/48 | €33,051 | €38,721 | +€5,670 | +17.2% |
| Trade debts | 44 | €3,460 | €6,470 | +€3,010 | +87.0% |
| Suppliers | 440/4 | €3,460 | €6,470 | +€3,010 | +87.0% |
| Taxes, remuneration and social security | 45 | €395 | €8,486 | +€8,091 | +2,050% |
| Taxes | 450/3 | €395 | €8,486 | +€8,091 | +2,050% |
| Other amounts payable | 47/48 | €29,196 | €23,765 | -€5,431 | -18.6% |
| Accrued charges and deferred income | 492/3 | €921 | - | -€921 | |
| Non-recurring operating income | 76A | €7,821 | €0 | -€7,821 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €33,736 | €37,101 | +€3,364 | +10.0% |
| Other operating charges | 640/8 | €2,022 | €1,716 | -€306 | -15.1% |
| Gross operating margin | 9900 | €81,907 | €71,594 | -€10,312 | -12.6% |
| Operating profit (loss) | 9901 | €46,148 | €32,777 | -€13,371 | -29.0% |
| Financial income | 75/76B | €2,650 | €5,981 | +€3,331 | +126% |
| Recurring financial income | 75 | €2,650 | €5,981 | +€3,331 | +126% |
| Financial charges | 65/66B | €2,217 | €2,010 | -€207 | -9.3% |
| Recurring financial charges | 65 | €2,217 | €2,010 | -€207 | -9.3% |
| Profit (loss) for the period before taxes | 9903 | €46,582 | €36,749 | -€9,832 | -21.1% |
| Income taxes | 67/77 | €358 | €11,646 | +€11,287 | +3,150% |
| Profit (loss) for the period | 9904 | €46,223 | €25,103 | -€21,120 | -45.7% |
| Profit (loss) for the period to be appropriated | 9905 | €46,223 | €25,103 | -€21,120 | -45.7% |
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 18 October 2026 via checked.be.