CALUX: 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.
CALUX
Largest movements
- Cash -€68,735
down €68,735 (-6.2%), from €1.1m to €1.0m
mainly Other debts (-€55,000) and Investment in fixed assets (net) (-€35,111)
- Receivables within one year +€15,040
up €15,040 (+11.9%), from €126,784 to €141,824
of which Trade receivables: +€17,590
- Other debts -€55,000
down €55,000 (-19.9%), from €277,056 to €222,056
- Gross operating margin -€86,915
down €86,915 (-21.7%), from €400,442 to €313,527
- Staff costs -€44,744
down €44,744 (-16.2%), from €275,931 to €231,188
- Financial income -€10,779
down €10,779 (-53.5%), from €20,144 to €9,365
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 | €1,448,096 | €1,391,731 | -€56,365 | -3.9% |
| Fixed assets | 21/28 | €187,404 | €183,966 | -€3,438 | -1.8% |
| Tangible fixed assets | 22/27 | €187,404 | €183,966 | -€3,438 | -1.8% |
| Land and buildings | 22 | €149,785 | €137,578 | -€12,207 | -8.1% |
| Plant, machinery and equipment | 23 | €25,476 | €39,383 | +€13,908 | +54.6% |
| Furniture and vehicles | 24 | €12,143 | €7,005 | -€5,138 | -42.3% |
| Current assets | 29/58 | €1,260,692 | €1,207,765 | -€52,927 | -4.2% |
| Stocks and contracts in progress | 3 | €18,977 | €19,619 | +€642 | +3.4% |
| Stocks | 30/36 | €18,977 | €19,619 | +€642 | +3.4% |
| Amounts receivable within one year | 40/41 | €126,784 | €141,824 | +€15,040 | +11.9% |
| Trade receivables | 40 | €123,002 | €140,592 | +€17,590 | +14.3% |
| Other amounts receivable | 41 | €3,783 | €1,232 | -€2,551 | -67.4% |
| Cash at bank and in hand | 54/58 | €1,111,170 | €1,042,435 | -€68,735 | -6.2% |
| Deferred charges and accrued income | 490/1 | €3,761 | €3,887 | +€126 | +3.3% |
| Total equity and liabilities | 10/49 | €1,448,096 | €1,391,731 | -€56,365 | -3.9% |
| Equity | 10/15 | €1,086,701 | €1,098,211 | +€11,510 | +1.1% |
| Contributions | 10/11 | €123,947 | €123,947 | = | 0.0% |
| Capital | 10 | €123,947 | €123,947 | = | 0.0% |
| Issued capital | 100 | €123,947 | €123,947 | = | 0.0% |
| Reserves | 13 | €962,754 | €974,264 | +€11,510 | +1.2% |
| Non-distributable reserves | 130/1 | €12,395 | €12,395 | = | 0.0% |
| Legal reserve | 130 | €12,395 | €12,395 | = | 0.0% |
| Distributable reserves | 133 | €950,359 | €961,869 | +€11,510 | +1.2% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €361,395 | €293,520 | -€67,875 | -18.8% |
| Amounts payable within one year | 42/48 | €343,587 | €277,799 | -€65,788 | -19.1% |
| Trade debts | 44 | €44,587 | €31,965 | -€12,622 | -28.3% |
| Suppliers | 440/4 | €44,587 | €31,965 | -€12,622 | -28.3% |
| Taxes, remuneration and social security | 45 | €21,944 | €23,778 | +€1,834 | +8.4% |
| Taxes | 450/3 | €523 | €5,577 | +€5,053 | +966% |
| Remuneration and social security | 454/9 | €21,420 | €18,201 | -€3,219 | -15.0% |
| Other amounts payable | 47/48 | €277,056 | €222,056 | -€55,000 | -19.9% |
| Accrued charges and deferred income | 492/3 | €17,809 | €15,722 | -€2,087 | -11.7% |
| Remuneration, social security and pensions | 62 | €275,931 | €231,188 | -€44,744 | -16.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €39,267 | €38,550 | -€717 | -1.8% |
| Other operating charges | 640/8 | €14,798 | €18,595 | +€3,797 | +25.7% |
| Gross operating margin | 9900 | €400,442 | €313,527 | -€86,915 | -21.7% |
| Operating profit (loss) | 9901 | €70,446 | €25,195 | -€45,251 | -64.2% |
| Financial income | 75/76B | €20,144 | €9,365 | -€10,779 | -53.5% |
| Recurring financial income | 75 | €20,144 | €9,365 | -€10,779 | -53.5% |
| Financial charges | 65/66B | €19,877 | €17,434 | -€2,443 | -12.3% |
| Recurring financial charges | 65 | €19,877 | €17,434 | -€2,443 | -12.3% |
| Profit (loss) for the period before taxes | 9903 | €70,713 | €17,126 | -€53,587 | -75.8% |
| Income taxes | 67/77 | €5,848 | €5,616 | -€231 | -4.0% |
| Profit (loss) for the period | 9904 | €64,865 | €11,510 | -€53,355 | -82.3% |
| Profit (loss) for the period to be appropriated | 9905 | €64,865 | €11,510 | -€53,355 | -82.3% |
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 15 October 2026 via checked.be.