CALUVAN: 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.
CALUVAN
Largest movements
- Cash +€45,736
up €45,736 (+56.6%), from €80,776 to €126,511
mainly Depreciation (+€77,188) and Net result for the year (+€65,109)
- Tangible fixed assets -€37,860
down €37,860 (-2.9%), from €1.3m to €1.3m
of which Land and buildings: -€37,504
- Reserves +€65,109
up €65,109 (+14.8%), from €438,681 to €503,790
of which Distributable reserves: +€65,109
- Other debts -€46,296
down €46,296 (-16.2%), from €286,091 to €239,795
- Debts after one year -€18,147
no longer reported in 2024 (was €18,147)
- Gross operating margin +€40,069
up €40,069 (+24.4%), from €164,109 to €204,178
- Taxes +€10,948
up €10,948 (+76.2%), from €14,362 to €25,309
- Depreciation -€3,723
down €3,723 (-4.6%), from €80,911 to €77,188
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,433,714 | €1,436,744 | +€3,031 | +0.2% |
| Fixed assets | 21/28 | €1,291,829 | €1,253,969 | -€37,860 | -2.9% |
| Tangible fixed assets | 22/27 | €1,291,829 | €1,253,969 | -€37,860 | -2.9% |
| Land and buildings | 22 | €1,279,406 | €1,241,902 | -€37,504 | -2.9% |
| Plant, machinery and equipment | 23 | €3,351 | €4,672 | +€1,321 | +39.4% |
| Furniture and vehicles | 24 | €9,072 | €7,395 | -€1,677 | -18.5% |
| Current assets | 29/58 | €141,885 | €182,775 | +€40,891 | +28.8% |
| Amounts receivable within one year | 40/41 | €35,581 | €32,910 | -€2,672 | -7.5% |
| Trade receivables | 40 | €27,494 | €26,708 | -€786 | -2.9% |
| Other amounts receivable | 41 | €8,087 | €6,202 | -€1,886 | -23.3% |
| Cash at bank and in hand | 54/58 | €80,776 | €126,511 | +€45,736 | +56.6% |
| Deferred charges and accrued income | 490/1 | €25,528 | €23,355 | -€2,173 | -8.5% |
| Total equity and liabilities | 10/49 | €1,433,714 | €1,436,744 | +€3,031 | +0.2% |
| Equity | 10/15 | €1,037,600 | €1,102,710 | +€65,109 | +6.3% |
| Contributions | 10/11 | €61,500 | €61,500 | = | 0.0% |
| Capital | 10 | €61,500 | €61,500 | = | 0.0% |
| Issued capital | 100 | €61,500 | €61,500 | = | 0.0% |
| Revaluation surpluses | 12 | €537,420 | €537,420 | = | 0.0% |
| Reserves | 13 | €438,681 | €503,790 | +€65,109 | +14.8% |
| Non-distributable reserves | 130/1 | €14,874 | €14,874 | = | 0.0% |
| Legal reserve | 130 | €14,874 | €14,874 | = | 0.0% |
| Tax-exempt reserves | 132 | €70 | €70 | = | 0.0% |
| Distributable reserves | 133 | €423,738 | €488,847 | +€65,109 | +15.4% |
| Amounts payable | 17/49 | €396,113 | €334,035 | -€62,079 | -15.7% |
| Amounts payable after more than one year | 17 | €18,147 | - | -€18,147 | |
| Financial debts | 170/4 | €18,147 | - | -€18,147 | |
| Amounts payable within one year | 42/48 | €377,385 | €332,323 | -€45,062 | -11.9% |
| Current portion of amounts payable after more than one year | 42 | €21,796 | €18,147 | -€3,649 | -16.7% |
| Trade debts | 44 | €37,407 | €37,985 | +€578 | +1.5% |
| Suppliers | 440/4 | €37,407 | €37,985 | +€578 | +1.5% |
| Advances received on contracts in progress | 46 | €8,248 | €10,048 | +€1,800 | +21.8% |
| Taxes, remuneration and social security | 45 | €23,843 | €26,348 | +€2,505 | +10.5% |
| Taxes | 450/3 | €20,663 | €26,348 | +€5,685 | +27.5% |
| Remuneration and social security | 454/9 | €3,180 | - | -€3,180 | |
| Other amounts payable | 47/48 | €286,091 | €239,795 | -€46,296 | -16.2% |
| Accrued charges and deferred income | 492/3 | €581 | €1,712 | +€1,131 | +194.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €80,911 | €77,188 | -€3,723 | -4.6% |
| Other operating charges | 640/8 | €20,152 | €21,076 | +€924 | +4.6% |
| Non-recurring operating charges | 66A | €63 | - | -€63 | |
| Gross operating margin | 9900 | €164,109 | €204,178 | +€40,069 | +24.4% |
| Operating profit (loss) | 9901 | €62,982 | €105,913 | +€42,931 | +68.2% |
| Financial income | 75/76B | €1 | €1 | -€0 | -2.9% |
| Recurring financial income | 75 | €1 | €1 | -€0 | -2.9% |
| Financial charges | 65/66B | €14,130 | €15,495 | +€1,365 | +9.7% |
| Recurring financial charges | 65 | €14,130 | €15,495 | +€1,365 | +9.7% |
| Profit (loss) for the period before taxes | 9903 | €48,853 | €90,419 | +€41,566 | +85.1% |
| Income taxes | 67/77 | €14,362 | €25,309 | +€10,948 | +76.2% |
| Profit (loss) for the period | 9904 | €34,491 | €65,109 | +€30,618 | +88.8% |
| Profit (loss) for the period to be appropriated | 9905 | €34,491 | €65,109 | +€30,618 | +88.8% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.