CALO: 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.
CALO
Largest movements
- Tangible fixed assets -€15,930
down €15,930 (-3.1%), from €509,041 to €493,110
- Debts after one year -€20,990
down €20,990 (-6.5%), from €322,514 to €301,525
- Profit (loss) carried forward +€5,214
up €5,214 (+7.2%), from -€72,155 to -€66,941
- Gross operating margin +€2,413
up €2,413 (+8.9%), from €27,149 to €29,562
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 | €510,608 | €494,886 | -€15,722 | -3.1% |
| Fixed assets | 21/28 | €509,041 | €493,110 | -€15,930 | -3.1% |
| Tangible fixed assets | 22/27 | €509,041 | €493,110 | -€15,930 | -3.1% |
| Land and buildings | 22 | €509,041 | €493,110 | -€15,930 | -3.1% |
| Current assets | 29/58 | €1,567 | €1,775 | +€208 | +13.3% |
| Cash at bank and in hand | 54/58 | €1,567 | €1,775 | +€208 | +13.3% |
| Total equity and liabilities | 10/49 | €510,608 | €494,886 | -€15,722 | -3.1% |
| Equity | 10/15 | -€65,955 | -€60,741 | +€5,214 | +7.9% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€72,155 | -€66,941 | +€5,214 | +7.2% |
| Amounts payable | 17/49 | €576,563 | €555,627 | -€20,936 | -3.6% |
| Amounts payable after more than one year | 17 | €322,514 | €301,525 | -€20,990 | -6.5% |
| Financial debts | 170/4 | €322,514 | €301,525 | -€20,990 | -6.5% |
| Amounts payable within one year | 42/48 | €254,049 | €254,102 | +€54 | 0.0% |
| Current portion of amounts payable after more than one year | 42 | €20,736 | €20,990 | +€254 | +1.2% |
| Trade debts | 44 | €387 | €387 | = | 0.0% |
| Suppliers | 440/4 | €387 | €387 | = | 0.0% |
| Other amounts payable | 47/48 | €232,925 | €232,725 | -€200 | -0.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €17,472 | €17,485 | +€13 | +0.1% |
| Other operating charges | 640/8 | €2,509 | €2,588 | +€79 | +3.1% |
| Gross operating margin | 9900 | €27,149 | €29,562 | +€2,413 | +8.9% |
| Operating profit (loss) | 9901 | €7,167 | €9,489 | +€2,322 | +32.4% |
| Financial income | 75/76B | €25 | €32 | +€7 | +28.9% |
| Recurring financial income | 75 | €25 | €32 | +€7 | +28.9% |
| Financial charges | 65/66B | €4,392 | €4,306 | -€86 | -2.0% |
| Recurring financial charges | 65 | €4,392 | €4,306 | -€86 | -2.0% |
| Profit (loss) for the period before taxes | 9903 | €2,800 | €5,214 | +€2,415 | +86.3% |
| Profit (loss) for the period | 9904 | €2,800 | €5,214 | +€2,415 | +86.3% |
| Profit (loss) for the period to be appropriated | 9905 | €2,800 | €5,214 | +€2,415 | +86.3% |
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 4 October 2026 via checked.be.