CALTEC: 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.
CALTEC
Largest movements
- Receivables within one year +€8,000
new in 2025: €8,000
- Cash -€7,995
down €7,995 (-28.9%), from €27,707 to €19,712
mainly Receivables within one year (-€8,000) and Net result for the year (-€2,204)
- Tangible fixed assets -€1,182
down €1,182 (-63.5%), from €1,862 to €680
- Current investments +€527
up €527 (+6.1%), from €8,703 to €9,230
- Profit (loss) carried forward -€2,204
down €2,204 (-8.8%), from -€25,178 to -€27,382
- Debts after one year +€1,554
up €1,554 (+3.2%), from €49,074 to €50,628
- Gross operating margin -€2,697
down €2,697, from €2,392 to -€305
- Depreciation -€566
down €566 (-32.4%), from €1,748 to €1,182
- Financial income -€518
down €518 (-99.8%), from €519 to €1
- Financial charges +€223
up €223 (+297.3%), from €75 to €298
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 | €38,272 | €37,622 | -€650 | -1.7% |
| Fixed assets | 21/28 | €1,862 | €680 | -€1,182 | -63.5% |
| Tangible fixed assets | 22/27 | €1,862 | €680 | -€1,182 | -63.5% |
| Furniture and vehicles | 24 | €1,862 | €680 | -€1,182 | -63.5% |
| Current assets | 29/58 | €36,410 | €36,942 | +€532 | +1.5% |
| Amounts receivable within one year | 40/41 | - | €8,000 | +€8,000 | |
| Trade receivables | 40 | - | €8,000 | +€8,000 | |
| Current investments | 50/53 | €8,703 | €9,230 | +€527 | +6.1% |
| Cash at bank and in hand | 54/58 | €27,707 | €19,712 | -€7,995 | -28.9% |
| Total equity and liabilities | 10/49 | €38,272 | €37,622 | -€650 | -1.7% |
| Equity | 10/15 | -€10,802 | -€13,006 | -€2,204 | -20.4% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €1,976 | €1,976 | = | 0.0% |
| Distributable reserves | 133 | €1,976 | €1,976 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€25,178 | -€27,382 | -€2,204 | -8.8% |
| Amounts payable | 17/49 | €49,074 | €50,628 | +€1,554 | +3.2% |
| Amounts payable after more than one year | 17 | €49,074 | €50,628 | +€1,554 | +3.2% |
| Other amounts payable | 178/9 | €49,074 | €50,628 | +€1,554 | +3.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,748 | €1,182 | -€566 | -32.4% |
| Other operating charges | 640/8 | €407 | €420 | +€13 | +3.2% |
| Non-recurring operating charges | 66A | €473 | - | -€473 | |
| Gross operating margin | 9900 | €2,392 | -€305 | -€2,697 | |
| Operating profit (loss) | 9901 | -€236 | -€1,907 | -€1,671 | -708.1% |
| Financial income | 75/76B | €519 | €1 | -€518 | -99.8% |
| Recurring financial income | 75 | €519 | €1 | -€518 | -99.8% |
| Financial charges | 65/66B | €75 | €298 | +€223 | +297.3% |
| Recurring financial charges | 65 | €75 | €298 | +€223 | +297.3% |
| Profit (loss) for the period before taxes | 9903 | €208 | -€2,204 | -€2,412 | |
| Profit (loss) for the period | 9904 | €208 | -€2,204 | -€2,412 | |
| Profit (loss) for the period to be appropriated | 9905 | €208 | -€2,204 | -€2,412 |
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 28 September 2026 via checked.be.