CALVI Group: 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.
CALVI Group
Largest movements
- Tangible fixed assets +€65,563
new in 2025: €65,563
of which Furniture and vehicles: +€61,266
- Cash +€18,844
up €18,844 (+154,333%), from €12 to €18,856
mainly Debts after one year (+€37,311) and Tax, wage and social debts (+€27,144)
- Receivables within one year +€5,993
new in 2025: €5,993
- Financial fixed assets +€1,900
new in 2025: €1,900
- Debts after one year +€37,311
new in 2025: €37,311
- Tax, wage and social debts +€27,144
new in 2025: €27,144
of which Taxes: +€13,922
- Trade debts +€26,940
up €26,940 (+5,640%), from €478 to €27,418
- Other debts -€14,934
no longer reported in 2025 (was €14,934)
- Current portion of long-term debt +€9,068
new in 2025: €9,068
- Gross operating margin +€65,385
up €65,385, from -€195 to €65,190
- Staff costs +€48,001
new in 2025: €48,001
- Depreciation +€8,066
new in 2025: €8,066
- Financial charges +€1,897
up €1,897 (+1,211%), from €157 to €2,053
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 | €12 | €92,312 | +€92,300 | +755,936% |
| Fixed assets | 21/28 | - | €67,463 | +€67,463 | |
| Tangible fixed assets | 22/27 | - | €65,563 | +€65,563 | |
| Plant, machinery and equipment | 23 | - | €4,297 | +€4,297 | |
| Furniture and vehicles | 24 | - | €61,266 | +€61,266 | |
| Financial fixed assets | 28 | - | €1,900 | +€1,900 | |
| Current assets | 29/58 | €12 | €24,849 | +€24,837 | +203,412% |
| Amounts receivable within one year | 40/41 | - | €5,993 | +€5,993 | |
| Other amounts receivable | 41 | - | €5,993 | +€5,993 | |
| Cash at bank and in hand | 54/58 | €12 | €18,856 | +€18,844 | +154,333% |
| Total equity and liabilities | 10/49 | €12 | €92,312 | +€92,300 | +755,936% |
| Equity | 10/15 | -€15,400 | -€8,628 | +€6,772 | +44.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €338 | €338 | = | 0.0% |
| Non-distributable reserves | 130/1 | €338 | €338 | = | 0.0% |
| Reserves not available under the articles | 1311 | €338 | €338 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€34,338 | -€27,567 | +€6,772 | +19.7% |
| Amounts payable | 17/49 | €15,412 | €100,940 | +€85,528 | +555% |
| Amounts payable after more than one year | 17 | - | €37,311 | +€37,311 | |
| Financial debts | 170/4 | - | €37,311 | +€37,311 | |
| Amounts payable within one year | 42/48 | €15,412 | €63,630 | +€48,217 | +313% |
| Current portion of amounts payable after more than one year | 42 | - | €9,068 | +€9,068 | |
| Trade debts | 44 | €478 | €27,418 | +€26,940 | +5,640% |
| Suppliers | 440/4 | €478 | €27,418 | +€26,940 | +5,640% |
| Taxes, remuneration and social security | 45 | - | €27,144 | +€27,144 | |
| Taxes | 450/3 | - | €13,922 | +€13,922 | |
| Remuneration and social security | 454/9 | - | €13,222 | +€13,222 | |
| Other amounts payable | 47/48 | €14,934 | - | -€14,934 | |
| Remuneration, social security and pensions | 62 | - | €48,001 | +€48,001 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €8,066 | +€8,066 | |
| Other operating charges | 640/8 | - | €301 | +€301 | |
| Gross operating margin | 9900 | -€195 | €65,190 | +€65,385 | |
| Operating profit (loss) | 9901 | -€195 | €8,821 | +€9,016 | |
| Financial income | 75/76B | - | €3 | +€3 | |
| Recurring financial income | 75 | - | €3 | +€3 | |
| Financial charges | 65/66B | €157 | €2,053 | +€1,897 | +1,211% |
| Recurring financial charges | 65 | €157 | €2,053 | +€1,897 | +1,211% |
| Profit (loss) for the period before taxes | 9903 | -€352 | €6,772 | +€7,123 | |
| Profit (loss) for the period | 9904 | -€352 | €6,772 | +€7,123 | |
| Profit (loss) for the period to be appropriated | 9905 | -€352 | €6,772 | +€7,123 |
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 18 October 2026 via checked.be.