CALU: 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.
CALU
Largest movements
- Cash +€6,131
up €6,131 (+89.8%), from €6,825 to €12,956
mainly Other debts (+€10,192) and Depreciation (+€834)
- Receivables within one year +€1,509
up €1,509 (+834%), from €181 to €1,690
of which Trade receivables: +€1,690
- Tangible fixed assets -€935
down €935 (-34.6%), from €2,704 to €1,769
- Stocks and contracts -€620
down €620 (-7.8%), from €7,945 to €7,325
- Other debts +€10,192
up €10,192 (+13.1%), from €78,016 to €88,208
- Profit (loss) carried forward -€4,263
down €4,263 (-4.9%), from -€86,151 to -€90,414
- Gross operating margin +€9,379
up €9,379 (+83.4%), from -€11,242 to -€1,863
- Other operating charges -€360
down €360 (-20.3%), from €1,772 to €1,412
- Depreciation -€274
down €274 (-24.7%), from €1,108 to €834
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 | €17,905 | €23,990 | +€6,085 | +34.0% |
| Fixed assets | 21/28 | €2,954 | €2,019 | -€935 | -31.6% |
| Tangible fixed assets | 22/27 | €2,704 | €1,769 | -€935 | -34.6% |
| Plant, machinery and equipment | 23 | €2,704 | €1,769 | -€935 | -34.6% |
| Financial fixed assets | 28 | €250 | €250 | = | 0.0% |
| Current assets | 29/58 | €14,951 | €21,971 | +€7,020 | +47.0% |
| Stocks and contracts in progress | 3 | €7,945 | €7,325 | -€620 | -7.8% |
| Stocks | 30/36 | €7,945 | €7,325 | -€620 | -7.8% |
| Amounts receivable within one year | 40/41 | €181 | €1,690 | +€1,509 | +834% |
| Trade receivables | 40 | - | €1,690 | +€1,690 | |
| Other amounts receivable | 41 | €181 | - | -€181 | |
| Cash at bank and in hand | 54/58 | €6,825 | €12,956 | +€6,131 | +89.8% |
| Total equity and liabilities | 10/49 | €17,905 | €23,990 | +€6,085 | +34.0% |
| Equity | 10/15 | -€60,111 | -€64,374 | -€4,263 | -7.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €7,440 | €7,440 | = | 0.0% |
| Distributable reserves | 133 | €7,440 | €7,440 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€86,151 | -€90,414 | -€4,263 | -4.9% |
| Amounts payable | 17/49 | €78,016 | €88,364 | +€10,348 | +13.3% |
| Amounts payable within one year | 42/48 | €78,016 | €88,364 | +€10,348 | +13.3% |
| Trade debts | 44 | - | €47 | +€47 | |
| Suppliers | 440/4 | - | €47 | +€47 | |
| Taxes, remuneration and social security | 45 | - | €109 | +€109 | |
| Taxes | 450/3 | - | €109 | +€109 | |
| Other amounts payable | 47/48 | €78,016 | €88,208 | +€10,192 | +13.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,108 | €834 | -€274 | -24.7% |
| Other operating charges | 640/8 | €1,772 | €1,412 | -€360 | -20.3% |
| Non-recurring operating charges | 66A | - | €100 | +€100 | |
| Gross operating margin | 9900 | -€11,242 | -€1,863 | +€9,379 | +83.4% |
| Operating profit (loss) | 9901 | -€14,122 | -€4,210 | +€9,912 | +70.2% |
| Financial income | 75/76B | €7 | €0 | -€7 | -99.9% |
| Recurring financial income | 75 | €7 | €0 | -€7 | -99.9% |
| Financial charges | 65/66B | €42 | €53 | +€11 | +26.5% |
| Recurring financial charges | 65 | €42 | €53 | +€11 | +26.5% |
| Profit (loss) for the period before taxes | 9903 | -€14,157 | -€4,263 | +€9,894 | +69.9% |
| Profit (loss) for the period | 9904 | -€14,157 | -€4,263 | +€9,894 | +69.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€14,157 | -€4,263 | +€9,894 | +69.9% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 17 October 2026 via checked.be.