CALORTEC: 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.
CALORTEC
Largest movements
- Cash -€13,385
down €13,385 (-61.3%), from €21,823 to €8,438
mainly Net result for the year (-€7,553) and Trade debts (-€6,929)
- Tangible fixed assets -€851
down €851 (-32.3%), from €2,636 to €1,785
of which Land and buildings: -€776
- Profit (loss) carried forward -€7,553
down €7,553 (-75.6%), from -€9,997 to -€17,550
- Trade debts -€6,929
no longer reported in 2024 (was €6,929)
- Gross operating margin -€21,955
down €21,955, from €13,473 to -€8,482
- Other operating charges -€3,637
down €3,637 (-85.5%), from €4,255 to €618
- Financial charges -€1,535
down €1,535 (-93.4%), from €1,644 to €109
- Depreciation -€1,155
down €1,155 (-45.7%), from €2,526 to €1,370
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 | €60,055 | €45,923 | -€14,132 | -23.5% |
| Fixed assets | 21/28 | €2,936 | €2,086 | -€851 | -29.0% |
| Tangible fixed assets | 22/27 | €2,636 | €1,785 | -€851 | -32.3% |
| Land and buildings | 22 | €1,552 | €776 | -€776 | -50.0% |
| Plant, machinery and equipment | 23 | €157 | €67 | -€90 | -57.5% |
| Furniture and vehicles | 24 | €927 | €942 | +€15 | +1.6% |
| Financial fixed assets | 28 | €301 | €301 | = | 0.0% |
| Current assets | 29/58 | €57,118 | €43,837 | -€13,281 | -23.3% |
| Stocks and contracts in progress | 3 | €6,109 | €6,109 | = | 0.0% |
| Stocks | 30/36 | €6,109 | €6,109 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €29,187 | €29,291 | +€104 | +0.4% |
| Trade receivables | 40 | €10,313 | €8,322 | -€1,991 | -19.3% |
| Other amounts receivable | 41 | €18,874 | €20,969 | +€2,095 | +11.1% |
| Cash at bank and in hand | 54/58 | €21,823 | €8,438 | -€13,385 | -61.3% |
| Total equity and liabilities | 10/49 | €60,055 | €45,923 | -€14,132 | -23.5% |
| Equity | 10/15 | €38,115 | €30,562 | -€7,553 | -19.8% |
| Contributions | 10/11 | €43,400 | €43,400 | = | 0.0% |
| Capital | 10 | €43,400 | €43,400 | = | 0.0% |
| Issued capital | 100 | €43,400 | €43,400 | = | 0.0% |
| Reserves | 13 | €4,712 | €4,712 | = | 0.0% |
| Non-distributable reserves | 130/1 | €4,712 | €4,712 | = | 0.0% |
| Legal reserve | 130 | €4,712 | €4,712 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€9,997 | -€17,550 | -€7,553 | -75.6% |
| Amounts payable | 17/49 | €21,939 | €15,360 | -€6,579 | -30.0% |
| Amounts payable within one year | 42/48 | €21,939 | €15,360 | -€6,579 | -30.0% |
| Trade debts | 44 | €6,929 | - | -€6,929 | |
| Suppliers | 440/4 | €6,929 | - | -€6,929 | |
| Taxes, remuneration and social security | 45 | €15,010 | €15,360 | +€350 | +2.3% |
| Taxes | 450/3 | €15,010 | €15,360 | +€350 | +2.3% |
| Non-recurring operating income | 76A | €43,160 | €1,774 | -€41,386 | -95.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,526 | €1,370 | -€1,155 | -45.7% |
| Other operating charges | 640/8 | €4,255 | €618 | -€3,637 | -85.5% |
| Non-recurring operating charges | 66A | €1,868 | -€3,013 | -€4,880 | |
| Gross operating margin | 9900 | €13,473 | -€8,482 | -€21,955 | |
| Operating profit (loss) | 9901 | €4,825 | -€7,458 | -€12,283 | |
| Financial income | 75/76B | €28 | €14 | -€14 | -49.4% |
| Recurring financial income | 75 | €28 | €14 | -€14 | -49.4% |
| Financial charges | 65/66B | €1,644 | €109 | -€1,535 | -93.4% |
| Recurring financial charges | 65 | €1,644 | €109 | -€1,535 | -93.4% |
| Profit (loss) for the period before taxes | 9903 | €3,209 | -€7,553 | -€10,762 | |
| Profit (loss) for the period | 9904 | €3,209 | -€7,553 | -€10,762 | |
| Profit (loss) for the period to be appropriated | 9905 | €3,209 | -€7,553 | -€10,762 |
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 23 October 2026 via checked.be.