CALOR SANIT: 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.
CALOR SANIT
Largest movements
- Receivables within one year -€102,920
down €102,920 (-18.7%), from €551,317 to €448,397
- Cash +€88,499
up €88,499 (+34.1%), from €259,375 to €347,874
mainly Net result for the year (+€188,836) and Receivables within one year (+€102,920)
- Stocks and contracts +€65,400
up €65,400 (+10.9%), from €601,175 to €666,574
- Reserves +€580,000
up €580,000 (+2,636%), from €22,000 to €602,000
- Profit (loss) carried forward -€385,638
down €385,638 (-93.0%), from €414,765 to €29,127
- Trade debts -€97,426
down €97,426 (-8.8%), from €1.1m to €1.0m
- Other debts -€95,000
no longer reported in 2024 (was €95,000)
- Tax, wage and social debts +€59,959
up €59,959 (+71.4%), from €84,012 to €143,972
of which Taxes: +€45,025
- Staff costs +€68,162
up €68,162 (+12.8%), from €531,480 to €599,642
- Depreciation -€42,459
down €42,459 (-54.7%), from €77,662 to €35,202
- Gross operating margin +€21,972
up €21,972 (+2.6%), from €838,190 to €860,161
- Taxes +€14,388
up €14,388 (+77.3%), from €18,612 to €33,000
- Financial charges -€11,936
down €11,936 (-95.8%), from €12,459 to €523
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.
Derived cash bridge
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 | €2,452,996 | €2,515,533 | +€62,537 | +2.5% |
| Fixed assets | 21/28 | €1,041,129 | €1,052,688 | +€11,559 | +1.1% |
| Tangible fixed assets | 22/27 | €1,028,639 | €1,040,198 | +€11,559 | +1.1% |
| Land and buildings | 22 | €285,261 | €345,800 | +€60,539 | +21.2% |
| Plant, machinery and equipment | 23 | €33,304 | €21,999 | -€11,305 | -33.9% |
| Furniture and vehicles | 24 | €11,181 | €4,875 | -€6,306 | -56.4% |
| Other tangible fixed assets | 26 | €698,893 | €667,523 | -€31,370 | -4.5% |
| Financial fixed assets | 28 | €12,490 | €12,490 | = | 0.0% |
| Current assets | 29/58 | €1,411,867 | €1,462,845 | +€50,978 | +3.6% |
| Stocks and contracts in progress | 3 | €601,175 | €666,574 | +€65,400 | +10.9% |
| Stocks | 30/36 | €601,175 | €666,574 | +€65,400 | +10.9% |
| Amounts receivable within one year | 40/41 | €551,317 | €448,397 | -€102,920 | -18.7% |
| Trade receivables | 40 | €551,317 | €448,397 | -€102,920 | -18.7% |
| Cash at bank and in hand | 54/58 | €259,375 | €347,874 | +€88,499 | +34.1% |
| Total equity and liabilities | 10/49 | €2,452,996 | €2,515,533 | +€62,537 | +2.5% |
| Equity | 10/15 | €456,765 | €651,127 | +€194,362 | +42.6% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €22,000 | €602,000 | +€580,000 | +2,636% |
| Distributable reserves | 133 | €22,000 | €602,000 | +€580,000 | +2,636% |
| Profit (loss) carried forward | 14 | €414,765 | €29,127 | -€385,638 | -93.0% |
| Amounts payable | 17/49 | €1,996,231 | €1,864,406 | -€131,825 | -6.6% |
| Amounts payable after more than one year | 17 | €639,227 | €616,350 | -€22,877 | -3.6% |
| Financial debts | 170/4 | €292,755 | €229,872 | -€62,882 | -21.5% |
| Other amounts payable | 178/9 | €346,473 | €386,478 | +€40,005 | +11.5% |
| Amounts payable within one year | 42/48 | €1,357,004 | €1,248,056 | -€108,948 | -8.0% |
| Current portion of amounts payable after more than one year | 42 | €70,138 | €93,657 | +€23,519 | +33.5% |
| Trade debts | 44 | €1,107,853 | €1,010,427 | -€97,426 | -8.8% |
| Suppliers | 440/4 | €1,107,853 | €1,010,427 | -€97,426 | -8.8% |
| Taxes, remuneration and social security | 45 | €84,012 | €143,972 | +€59,959 | +71.4% |
| Taxes | 450/3 | €50,103 | €95,128 | +€45,025 | +89.9% |
| Remuneration and social security | 454/9 | €33,909 | €48,843 | +€14,934 | +44.0% |
| Other amounts payable | 47/48 | €95,000 | - | -€95,000 | |
| Remuneration, social security and pensions | 62 | €531,480 | €599,642 | +€68,162 | +12.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €77,662 | €35,202 | -€42,459 | -54.7% |
| Other operating charges | 640/8 | €2,036 | €2,958 | +€921 | +45.2% |
| Non-recurring operating charges | 66A | €25,824 | - | -€25,824 | |
| Gross operating margin | 9900 | €838,190 | €860,161 | +€21,972 | +2.6% |
| Operating profit (loss) | 9901 | €201,188 | €222,359 | +€21,171 | +10.5% |
| Financial charges | 65/66B | €12,459 | €523 | -€11,936 | -95.8% |
| Recurring financial charges | 65 | €12,459 | €523 | -€11,936 | -95.8% |
| Profit (loss) for the period before taxes | 9903 | €188,729 | €221,836 | +€33,107 | +17.5% |
| Income taxes | 67/77 | €18,612 | €33,000 | +€14,388 | +77.3% |
| Profit (loss) for the period | 9904 | €170,117 | €188,836 | +€18,719 | +11.0% |
| Profit (loss) for the period to be appropriated | 9905 | €170,117 | €188,836 | +€18,719 | +11.0% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 22 October 2026 via checked.be.