CALYPSO: 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.
CALYPSO
Largest movements
- Current investments +€80,000
new in 2025: €80,000
- Cash -€22,783
down €22,783 (-34.7%), from €65,716 to €42,933
mainly Current investments (-€80,000) and Contributions, distributions and other (-€22,406)
- Receivables within one year -€15,442
down €15,442 (-95.1%), from €16,240 to €799
of which Other amounts receivable: -€15,669
- Tangible fixed assets -€7,722
down €7,722 (-5.0%), from €153,356 to €145,634
of which Land and buildings: -€7,188
- Reserves +€27,014
up €27,014 (+91.5%), from €29,524 to €56,538
- Trade debts +€3,454
up €3,454 (+207.8%), from €1,662 to €5,117
- Gross operating margin +€71,984
up €71,984 (+592.9%), from €12,140 to €84,124
- Taxes +€25,343
up €25,343 (+10145.3%), from €250 to €25,593
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 | €235,316 | €269,751 | +€34,436 | +14.6% |
| Fixed assets | 21/28 | €153,356 | €145,634 | -€7,722 | -5.0% |
| Tangible fixed assets | 22/27 | €153,356 | €145,634 | -€7,722 | -5.0% |
| Land and buildings | 22 | €151,287 | €144,100 | -€7,188 | -4.8% |
| Furniture and vehicles | 24 | €2,068 | €1,534 | -€534 | -25.8% |
| Current assets | 29/58 | €81,960 | €124,118 | +€42,157 | +51.4% |
| Amounts receivable within one year | 40/41 | €16,240 | €799 | -€15,442 | -95.1% |
| Trade receivables | 40 | €571 | €799 | +€227 | +39.8% |
| Other amounts receivable | 41 | €15,669 | - | -€15,669 | |
| Current investments | 50/53 | - | €80,000 | +€80,000 | |
| Cash at bank and in hand | 54/58 | €65,716 | €42,933 | -€22,783 | -34.7% |
| Deferred charges and accrued income | 490/1 | €4 | €387 | +€382 | +8829.1% |
| Total equity and liabilities | 10/49 | €235,316 | €269,751 | +€34,436 | +14.6% |
| Equity | 10/15 | €231,390 | €258,404 | +€27,014 | +11.7% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €29,524 | €56,538 | +€27,014 | +91.5% |
| Distributable reserves | 133 | €29,524 | €56,538 | +€27,014 | +91.5% |
| Profit (loss) carried forward | 14 | €181,866 | €181,866 | = | 0.0% |
| Amounts payable | 17/49 | €3,926 | €11,347 | +€7,421 | +189.0% |
| Amounts payable within one year | 42/48 | €3,926 | €11,347 | +€7,421 | +189.0% |
| Trade debts | 44 | €1,662 | €5,117 | +€3,454 | +207.8% |
| Suppliers | 440/4 | €1,662 | €5,117 | +€3,454 | +207.8% |
| Advances received on contracts in progress | 46 | €120 | €120 | = | 0.0% |
| Taxes, remuneration and social security | 45 | €1,614 | €3,826 | +€2,212 | +137.0% |
| Taxes | 450/3 | €1,614 | €3,826 | +€2,212 | +137.0% |
| Other amounts payable | 47/48 | €529 | €2,284 | +€1,755 | +331.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,722 | €7,722 | = | 0.0% |
| Other operating charges | 640/8 | €1,668 | €1,609 | -€59 | -3.6% |
| Gross operating margin | 9900 | €12,140 | €84,124 | +€71,984 | +592.9% |
| Operating profit (loss) | 9901 | €2,750 | €74,794 | +€72,044 | +2620.0% |
| Financial income | 75/76B | €289 | €488 | +€199 | +68.7% |
| Recurring financial income | 75 | €289 | €488 | +€199 | +68.7% |
| Financial charges | 65/66B | €291 | €268 | -€23 | -7.8% |
| Recurring financial charges | 65 | €291 | €268 | -€23 | -7.8% |
| Profit (loss) for the period before taxes | 9903 | €2,748 | €75,013 | +€72,265 | +2629.9% |
| Income taxes | 67/77 | €250 | €25,593 | +€25,343 | +10145.3% |
| Profit (loss) for the period | 9904 | €2,498 | €49,420 | +€46,922 | +1878.4% |
| Profit (loss) for the period to be appropriated | 9905 | €2,498 | €49,420 | +€46,922 | +1878.4% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.