CALVIN & CO: 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.
CALVIN & CO
Largest movements
- Cash +€4,767
up €4,767 (+22.6%), from €21,109 to €25,876
mainly Net result for the year (+€8,045) and Stocks and contracts (+€3,721)
- Stocks and contracts -€3,721
down €3,721 (-13.1%), from €28,427 to €24,707
- Reserves +€8,045
up €8,045 (+12.9%), from €62,377 to €70,423
- Trade debts -€6,222
down €6,222 (-77.9%), from €7,987 to €1,765
- Gross operating margin +€7,010
up €7,010 (+105.0%), from €6,676 to €13,686
- Taxes +€1,681
up €1,681 (+487.3%), from €345 to €2,026
- Other operating charges +€317
up €317 (+12.5%), from €2,529 to €2,847
- Financial charges +€221
up €221 (+40.3%), from €547 to €768
- Financial income -€196
down €196 (-100.0%), from €196 to €0
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 | €95,932 | €97,936 | +€2,005 | +2.1% |
| Fixed assets | 21/28 | €3,625 | €3,430 | -€195 | -5.4% |
| Tangible fixed assets | 22/27 | €1,030 | €1,030 | = | 0.0% |
| Plant, machinery and equipment | 23 | €1,030 | €1,030 | = | 0.0% |
| Financial fixed assets | 28 | €2,595 | €2,400 | -€195 | -7.5% |
| Current assets | 29/58 | €92,307 | €94,506 | +€2,200 | +2.4% |
| Stocks and contracts in progress | 3 | €28,427 | €24,707 | -€3,721 | -13.1% |
| Stocks | 30/36 | €28,427 | €24,707 | -€3,721 | -13.1% |
| Amounts receivable within one year | 40/41 | €42,067 | €42,277 | +€209 | +0.5% |
| Trade receivables | 40 | €39,405 | €41,568 | +€2,163 | +5.5% |
| Other amounts receivable | 41 | €2,662 | €709 | -€1,954 | -73.4% |
| Cash at bank and in hand | 54/58 | €21,109 | €25,876 | +€4,767 | +22.6% |
| Deferred charges and accrued income | 490/1 | €704 | €1,647 | +€943 | +134.1% |
| Total equity and liabilities | 10/49 | €95,932 | €97,936 | +€2,005 | +2.1% |
| Equity | 10/15 | €80,977 | €89,023 | +€8,045 | +9.9% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €62,377 | €70,423 | +€8,045 | +12.9% |
| Distributable reserves | 133 | €62,377 | €70,423 | +€8,045 | +12.9% |
| Amounts payable | 17/49 | €14,954 | €8,914 | -€6,041 | -40.4% |
| Amounts payable within one year | 42/48 | €14,640 | €8,596 | -€6,045 | -41.3% |
| Trade debts | 44 | €7,987 | €1,765 | -€6,222 | -77.9% |
| Suppliers | 440/4 | €7,987 | €1,765 | -€6,222 | -77.9% |
| Taxes, remuneration and social security | 45 | €2,490 | €3,271 | +€781 | +31.4% |
| Taxes | 450/3 | €1,065 | €3,271 | +€2,206 | +207.2% |
| Remuneration and social security | 454/9 | €1,425 | €0 | -€1,425 | -100.0% |
| Other amounts payable | 47/48 | €4,163 | €3,559 | -€604 | -14.5% |
| Accrued charges and deferred income | 492/3 | €314 | €318 | +€4 | +1.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €0 | - | = | |
| Other operating charges | 640/8 | €2,529 | €2,847 | +€317 | +12.5% |
| Gross operating margin | 9900 | €6,676 | €13,686 | +€7,010 | +105.0% |
| Operating profit (loss) | 9901 | €4,147 | €10,840 | +€6,693 | +161.4% |
| Financial income | 75/76B | €196 | €0 | -€196 | -100.0% |
| Recurring financial income | 75 | €196 | €0 | -€196 | -100.0% |
| Financial charges | 65/66B | €547 | €768 | +€221 | +40.3% |
| Recurring financial charges | 65 | €547 | €768 | +€221 | +40.3% |
| Profit (loss) for the period before taxes | 9903 | €3,795 | €10,072 | +€6,276 | +165.4% |
| Income taxes | 67/77 | €345 | €2,026 | +€1,681 | +487.3% |
| Profit (loss) for the period | 9904 | €3,450 | €8,045 | +€4,595 | +133.2% |
| Profit (loss) for the period to be appropriated | 9905 | €3,450 | €8,045 | +€4,595 | +133.2% |
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 12 October 2026 via checked.be.