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CALORIMA: 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.

What changed

CALORIMA

BE 0771.584.124
NACE 33.110, Repair and maintenance of fabricated metal products
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
-€4,407
2024 · -€45,569+€41,162
Equity
€41,226
2024 · €45,633-€4,407
Cash
€21,596
2024 · €27,033-€5,437
Balance sheet total
€63,260
2024 · €83,924-€20,664

Largest movements

2024 to 2025
Assets
  • Tangible fixed assets -€8,249

    down €8,249 (-77.6%), from €10,635 to €2,386

    of which Furniture and vehicles: -€6,727

  • Receivables within one year -€6,853

    down €6,853 (-19.5%), from €35,101 to €28,248

    of which Other amounts receivable: -€5,142

  • Cash -€5,437

    down €5,437 (-20.1%), from €27,033 to €21,596

    mainly Tax, wage and social debts (-€8,603) and Debts after one year (-€6,685)

Equity and liabilities
  • Tax, wage and social debts -€8,603

    no longer reported in 2025 (was €8,603)

  • Debts after one year -€6,685

    down €6,685 (-36.5%), from €18,335 to €11,650

  • Profit (loss) carried forward -€4,407

    down €4,407 (-12.4%), from €35,633 to €31,226

  • Current portion of long-term debt -€3,369

    down €3,369 (-38.1%), from €8,836 to €5,467

  • Trade debts +€3,366

    up €3,366 (+217.1%), from €1,551 to €4,917

Income statement
  • Staff costs -€22,197

    down €22,197 (-40.0%), from €55,546 to €33,349

  • Gross operating margin -€3,744

    down €3,744 (-8.9%), from €42,138 to €38,394

  • Financial charges -€3,552

    down €3,552 (-73.4%), from €4,841 to €1,289

  • Depreciation -€3,076

    down €3,076 (-45.9%), from €6,701 to €3,625

  • Other operating charges -€2,137

    down €2,137 (-75.1%), from €2,844 to €707

From the 2024 result to the 2025 result

effect on the 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.

Result 2024 -€45,569
Gross operating margin -€3,744
Staff costs +€22,197
Depreciation +€3,076
Other operating charges +€2,137
Other operating items +€14,045
Financial income -€114
Financial charges +€3,552
Taxes +€13
Result 2025 -€4,407

Cash bridge derived

cash 2024 to 2025

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.

From operations -€7
Investment +€4,624
Financing -€10,054
Cash 2024 €27,033
Net result for the year -€4,407
Depreciation +€3,625
Stocks and contracts -€370
Receivables within one year +€6,853
Deferred charges and accrued income +€495
Trade debts +€3,366
Tax, wage and social debts -€8,603
Accrued charges and deferred income -€966
Investment in fixed assets (net) +€4,624
Debts after one year -€6,685
Current portion of long-term debt -€3,369
Cash 2025 €21,596
Every line side by side 42 lines
Line Code 2024 2025 Change %
Total assets 20/58 €83,924 €63,260 -€20,664 -24.6%
Fixed assets 21/28 €12,863 €4,614 -€8,249 -64.1%
Tangible fixed assets 22/27 €10,635 €2,386 -€8,249 -77.6%
Plant, machinery and equipment 23 €3,117 €1,595 -€1,523 -48.8%
Furniture and vehicles 24 €7,518 €791 -€6,727 -89.5%
Financial fixed assets 28 €2,228 €2,228 = 0.0%
Current assets 29/58 €71,060 €58,646 -€12,414 -17.5%
Stocks and contracts in progress 3 €6,655 €7,025 +€370 +5.6%
Stocks 30/36 €6,655 €7,025 +€370 +5.6%
Amounts receivable within one year 40/41 €35,101 €28,248 -€6,853 -19.5%
Trade receivables 40 €5,599 €3,888 -€1,711 -30.6%
Other amounts receivable 41 €29,502 €24,360 -€5,142 -17.4%
Cash at bank and in hand 54/58 €27,033 €21,596 -€5,437 -20.1%
Deferred charges and accrued income 490/1 €2,272 €1,777 -€495 -21.8%
Total equity and liabilities 10/49 €83,924 €63,260 -€20,664 -24.6%
Equity 10/15 €45,633 €41,226 -€4,407 -9.7%
Contributions 10/11 €10,000 €10,000 = 0.0%
Profit (loss) carried forward 14 €35,633 €31,226 -€4,407 -12.4%
Amounts payable 17/49 €38,291 €22,034 -€16,257 -42.5%
Amounts payable after more than one year 17 €18,335 €11,650 -€6,685 -36.5%
Financial debts 170/4 €18,335 €11,650 -€6,685 -36.5%
Amounts payable within one year 42/48 €18,990 €10,384 -€8,606 -45.3%
Current portion of amounts payable after more than one year 42 €8,836 €5,467 -€3,369 -38.1%
Trade debts 44 €1,551 €4,917 +€3,366 +217.1%
Suppliers 440/4 €1,551 €4,917 +€3,366 +217.1%
Taxes, remuneration and social security 45 €8,603 - -€8,603
Taxes 450/3 €8,603 - -€8,603
Accrued charges and deferred income 492/3 €966 - -€966
Remuneration, social security and pensions 62 €55,546 €33,349 -€22,197 -40.0%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €6,701 €3,625 -€3,076 -45.9%
Other operating charges 640/8 €2,844 €707 -€2,137 -75.1%
Non-recurring operating charges 66A €19,690 €5,645 -€14,045 -71.3%
Gross operating margin 9900 €42,138 €38,394 -€3,744 -8.9%
Operating profit (loss) 9901 -€42,643 -€4,932 +€37,711 +88.4%
Financial income 75/76B €1,979 €1,865 -€114 -5.8%
Recurring financial income 75 €1,979 €1,865 -€114 -5.8%
Financial charges 65/66B €4,841 €1,289 -€3,552 -73.4%
Recurring financial charges 65 €4,841 €1,289 -€3,552 -73.4%
Profit (loss) for the period before taxes 9903 -€45,505 -€4,356 +€41,149 +90.4%
Income taxes 67/77 €64 €51 -€13 -20.6%
Profit (loss) for the period 9904 -€45,569 -€4,407 +€41,162 +90.3%
Profit (loss) for the period to be appropriated 9905 -€45,569 -€4,407 +€41,162 +90.3%

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 30 September 2026 via checked.be.