CALUCE: 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.
CALUCE
Largest movements
- Receivables within one year +€45,748
up €45,748 (+152%), from €30,149 to €75,897
of which Other amounts receivable: +€45,817
- Cash -€22,775
down €22,775 (-18.8%), from €121,326 to €98,551
mainly Contributions, distributions and other (-€91,000) and Receivables within one year (-€45,748)
- Stocks and contracts +€13,462
up €13,462 (+62.6%), from €21,513 to €34,975
- Tangible fixed assets -€3,411
down €3,411 (-50.3%), from €6,780 to €3,370
of which Furniture and vehicles: -€2,882
- Deferred charges and accrued income +€2,327
up €2,327 (+137%), from €1,696 to €4,023
- Other debts +€91,000
new in 2025: €91,000
- Profit (loss) carried forward -€55,572
down €55,572 (-100%), from €55,572 to €0
- Reserves +€8,444
up €8,444 (+16.9%), from €50,000 to €58,444
- Tax, wage and social debts -€4,990
down €4,990 (-9.8%), from €51,073 to €46,083
of which Remuneration and social security: -€7,697
- Trade debts -€3,145
down €3,145 (-30.1%), from €10,448 to €7,303
- Gross operating margin +€22,270
up €22,270 (+13.4%), from €165,773 to €188,043
- Staff costs +€11,573
up €11,573 (+10.3%), from €111,816 to €123,389
- Financial income +€2,101
up €2,101 (+268%), from €785 to €2,886
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 | €181,740 | €217,090 | +€35,350 | +19.5% |
| Formation expenses | 20 | €0 | €0 | = | |
| Fixed assets | 21/28 | €7,056 | €3,646 | -€3,411 | -48.3% |
| Intangible fixed assets | 21 | €0 | €0 | = | |
| Tangible fixed assets | 22/27 | €6,780 | €3,370 | -€3,411 | -50.3% |
| Plant, machinery and equipment | 23 | €1,568 | €1,040 | -€528 | -33.7% |
| Furniture and vehicles | 24 | €5,212 | €2,330 | -€2,882 | -55.3% |
| Financial fixed assets | 28 | €276 | €276 | = | 0.0% |
| Current assets | 29/58 | €174,684 | €213,445 | +€38,761 | +22.2% |
| Stocks and contracts in progress | 3 | €21,513 | €34,975 | +€13,462 | +62.6% |
| Stocks | 30/36 | €21,513 | €34,975 | +€13,462 | +62.6% |
| Amounts receivable within one year | 40/41 | €30,149 | €75,897 | +€45,748 | +152% |
| Trade receivables | 40 | €4,752 | €4,683 | -€69 | -1.5% |
| Other amounts receivable | 41 | €25,397 | €71,214 | +€45,817 | +180% |
| Cash at bank and in hand | 54/58 | €121,326 | €98,551 | -€22,775 | -18.8% |
| Deferred charges and accrued income | 490/1 | €1,696 | €4,023 | +€2,327 | +137% |
| Total equity and liabilities | 10/49 | €181,740 | €217,090 | +€35,350 | +19.5% |
| Equity | 10/15 | €119,832 | €72,704 | -€47,128 | -39.3% |
| Contributions | 10/11 | €14,260 | €14,260 | = | 0.0% |
| Reserves | 13 | €50,000 | €58,444 | +€8,444 | +16.9% |
| Distributable reserves | 133 | €50,000 | €58,444 | +€8,444 | +16.9% |
| Profit (loss) carried forward | 14 | €55,572 | €0 | -€55,572 | -100% |
| Amounts payable | 17/49 | €61,908 | €144,386 | +€82,478 | +133% |
| Amounts payable within one year | 42/48 | €61,521 | €144,386 | +€82,865 | +135% |
| Trade debts | 44 | €10,448 | €7,303 | -€3,145 | -30.1% |
| Suppliers | 440/4 | €10,448 | €7,303 | -€3,145 | -30.1% |
| Taxes, remuneration and social security | 45 | €51,073 | €46,083 | -€4,990 | -9.8% |
| Taxes | 450/3 | €32,386 | €35,093 | +€2,707 | +8.4% |
| Remuneration and social security | 454/9 | €18,687 | €10,990 | -€7,697 | -41.2% |
| Other amounts payable | 47/48 | - | €91,000 | +€91,000 | |
| Accrued charges and deferred income | 492/3 | €387 | - | -€387 | |
| Remuneration, social security and pensions | 62 | €111,816 | €123,389 | +€11,573 | +10.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,077 | €4,429 | +€1,351 | +43.9% |
| Other operating charges | 640/8 | €2,110 | €2,000 | -€109 | -5.2% |
| Gross operating margin | 9900 | €165,773 | €188,043 | +€22,270 | +13.4% |
| Operating profit (loss) | 9901 | €48,771 | €58,226 | +€9,455 | +19.4% |
| Financial income | 75/76B | €785 | €2,886 | +€2,101 | +268% |
| Recurring financial income | 75 | €785 | €2,886 | +€2,101 | +268% |
| Financial charges | 65/66B | €1,837 | €2,849 | +€1,012 | +55.1% |
| Recurring financial charges | 65 | €1,837 | €2,849 | +€1,012 | +55.1% |
| Profit (loss) for the period before taxes | 9903 | €47,718 | €58,263 | +€10,544 | +22.1% |
| Income taxes | 67/77 | €14,305 | €14,391 | +€86 | +0.6% |
| Profit (loss) for the period | 9904 | €33,414 | €43,872 | +€10,458 | +31.3% |
| Profit (loss) for the period to be appropriated | 9905 | €33,414 | €43,872 | +€10,458 | +31.3% |
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 14 October 2026 via checked.be.