CALUCOM: 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.
CALUCOM
Largest movements
- Tangible fixed assets +€129,318
up €129,318 (+192.2%), from €67,266 to €196,584
of which Other tangible fixed assets: +€130,323
- Current investments -€78,122
down €78,122 (-31.6%), from €247,193 to €169,071
- Cash -€45,102
down €45,102 (-25.1%), from €179,963 to €134,861
mainly Contributions, distributions and other (-€160,000) and Investment in fixed assets (net) (-€148,415)
- Profit (loss) carried forward -€10,532
down €10,532 (-6.3%), from €168,218 to €157,686
- Tax, wage and social debts +€8,408
up €8,408 (+124.3%), from €6,762 to €15,170
- Reserves +€8,218
up €8,218 (+3.1%), from €269,442 to €277,660
- Depreciation +€15,981
up €15,981 (+512.9%), from €3,116 to €19,097
- Turnover +€13,858
up €13,858 (+5.4%), from €258,590 to €272,448
- Gross operating margin +€13,858
up €13,858 (+5.4%), from €258,590 to €272,448
- Financial income -€3,701
down €3,701 (-34.5%), from €10,739 to €7,038
- Taxes +€2,960
up €2,960 (+5.9%), from €50,067 to €53,027
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 | €494,422 | €500,516 | +€6,094 | +1.2% |
| Fixed assets | 21/28 | €67,266 | €196,584 | +€129,318 | +192.2% |
| Tangible fixed assets | 22/27 | €67,266 | €196,584 | +€129,318 | +192.2% |
| Plant, machinery and equipment | 23 | €2,010 | €1,005 | -€1,005 | -50.0% |
| Other tangible fixed assets | 26 | €65,256 | €195,579 | +€130,323 | +199.7% |
| Current assets | 29/58 | €427,156 | €303,932 | -€123,224 | -28.8% |
| Current investments | 50/53 | €247,193 | €169,071 | -€78,122 | -31.6% |
| Cash at bank and in hand | 54/58 | €179,963 | €134,861 | -€45,102 | -25.1% |
| Total equity and liabilities | 10/49 | €494,422 | €500,516 | +€6,094 | +1.2% |
| Equity | 10/15 | €487,660 | €485,346 | -€2,314 | -0.5% |
| Contributions | 10/11 | €50,000 | €50,000 | = | 0.0% |
| Reserves | 13 | €269,442 | €277,660 | +€8,218 | +3.1% |
| Distributable reserves | 133 | €269,442 | €277,660 | +€8,218 | +3.1% |
| Profit (loss) carried forward | 14 | €168,218 | €157,686 | -€10,532 | -6.3% |
| Amounts payable | 17/49 | €6,762 | €15,170 | +€8,408 | +124.3% |
| Amounts payable within one year | 42/48 | €6,762 | €15,170 | +€8,408 | +124.3% |
| Taxes, remuneration and social security | 45 | €6,762 | €15,170 | +€8,408 | +124.3% |
| Taxes | 450/3 | €6,762 | €15,170 | +€8,408 | +124.3% |
| Turnover | 70 | €258,590 | €272,448 | +€13,858 | +5.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,116 | €19,097 | +€15,981 | +512.9% |
| Other operating charges | 640/8 | €47,928 | €49,676 | +€1,748 | +3.6% |
| Gross operating margin | 9900 | €258,590 | €272,448 | +€13,858 | +5.4% |
| Operating profit (loss) | 9901 | €207,546 | €203,675 | -€3,871 | -1.9% |
| Financial income | 75/76B | €10,739 | €7,038 | -€3,701 | -34.5% |
| Recurring financial income | 75 | €10,739 | €7,038 | -€3,701 | -34.5% |
| Profit (loss) for the period before taxes | 9903 | €218,285 | €210,713 | -€7,572 | -3.5% |
| Income taxes | 67/77 | €50,067 | €53,027 | +€2,960 | +5.9% |
| Profit (loss) for the period | 9904 | €168,218 | €157,686 | -€10,532 | -6.3% |
| Profit (loss) for the period to be appropriated | 9905 | €168,218 | €157,686 | -€10,532 | -6.3% |
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 10 October 2026 via checked.be.