CALPEE: 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.
CALPEE
Largest movements
- Tangible fixed assets -€49,800
down €49,800 (-16.1%), from €309,228 to €259,428
of which Plant, machinery and equipment: -€49,800
- Cash +€6,171
up €6,171 (+60.3%), from €10,238 to €16,409
mainly Depreciation (+€49,800) and Net result for the year (+€6,540)
- Receivables within one year -€4,861
down €4,861 (-16.3%), from €29,834 to €24,973
of which Trade receivables: -€6,391
- Trade debts -€49,983
down €49,983 (-46.9%), from €106,482 to €56,499
- Profit (loss) carried forward +€6,540
up €6,540 (+1.3%), from -€509,309 to -€502,769
- Other debts -€5,000
down €5,000 (-45.5%), from €11,000 to €6,000
- Gross operating margin +€4,318
up €4,318 (+7.8%), from €55,058 to €59,376
- Depreciation +€4,025
up €4,025 (+8.8%), from €45,775 to €49,800
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 | €349,300 | €300,858 | -€48,443 | -13.9% |
| Fixed assets | 21/28 | €309,228 | €259,428 | -€49,800 | -16.1% |
| Tangible fixed assets | 22/27 | €309,228 | €259,428 | -€49,800 | -16.1% |
| Land and buildings | 22 | €135,000 | €135,000 | = | 0.0% |
| Plant, machinery and equipment | 23 | €174,228 | €124,428 | -€49,800 | -28.6% |
| Current assets | 29/58 | €40,072 | €41,429 | +€1,357 | +3.4% |
| Amounts receivable within one year | 40/41 | €29,834 | €24,973 | -€4,861 | -16.3% |
| Trade receivables | 40 | €25,977 | €19,587 | -€6,391 | -24.6% |
| Other amounts receivable | 41 | €3,857 | €5,386 | +€1,530 | +39.7% |
| Cash at bank and in hand | 54/58 | €10,238 | €16,409 | +€6,171 | +60.3% |
| Deferred charges and accrued income | 490/1 | - | €47 | +€47 | |
| Total equity and liabilities | 10/49 | €349,300 | €300,858 | -€48,443 | -13.9% |
| Equity | 10/15 | -€39,309 | -€32,769 | +€6,540 | +16.6% |
| Contributions | 10/11 | €470,000 | €470,000 | = | 0.0% |
| Capital | 10 | €470,000 | €470,000 | = | 0.0% |
| Issued capital | 100 | €470,000 | €470,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€509,309 | -€502,769 | +€6,540 | +1.3% |
| Amounts payable | 17/49 | €388,609 | €333,626 | -€54,983 | -14.1% |
| Amounts payable after more than one year | 17 | €265,875 | €265,875 | = | 0.0% |
| Financial debts | 170/4 | €265,875 | €265,875 | = | 0.0% |
| Amounts payable within one year | 42/48 | €122,734 | €67,751 | -€54,983 | -44.8% |
| Trade debts | 44 | €106,482 | €56,499 | -€49,983 | -46.9% |
| Suppliers | 440/4 | €106,482 | €56,499 | -€49,983 | -46.9% |
| Taxes, remuneration and social security | 45 | €5,252 | €5,252 | = | 0.0% |
| Taxes | 450/3 | €5,252 | €5,252 | = | 0.0% |
| Other amounts payable | 47/48 | €11,000 | €6,000 | -€5,000 | -45.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €45,775 | €49,800 | +€4,025 | +8.8% |
| Other operating charges | 640/8 | €682 | €827 | +€145 | +21.3% |
| Gross operating margin | 9900 | €55,058 | €59,376 | +€4,318 | +7.8% |
| Operating profit (loss) | 9901 | €8,601 | €8,750 | +€148 | +1.7% |
| Financial charges | 65/66B | €28 | €30 | +€2 | +6.7% |
| Recurring financial charges | 65 | €28 | €30 | +€2 | +6.7% |
| Profit (loss) for the period before taxes | 9903 | €8,573 | €8,720 | +€147 | +1.7% |
| Income taxes | 67/77 | €2,143 | €2,180 | +€37 | +1.7% |
| Profit (loss) for the period | 9904 | €6,430 | €6,540 | +€110 | +1.7% |
| Profit (loss) for the period to be appropriated | 9905 | €6,430 | €6,540 | +€110 | +1.7% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 15 October 2026 via checked.be.