Comgoed Kallo: 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.
Comgoed Kallo
Largest movements
- Receivables after one year +€22.9m
new in 2025: €22.9m
- Tangible fixed assets -€22.7m
down €22.7m (-81.9%), from €27.7m to €5.0m
of which Plant, machinery and equipment: -€19.8m
- Receivables within one year -€1.6m
down €1.6m (-25.5%), from €6.2m to €4.6m
of which Trade receivables: -€1.5m
- Debts after one year -€3.3m
down €3.3m (-11.2%), from €29.3m to €26.0m
- Reserves +€914,610
up €914,610 (+12591.3%), from €7,264 to €921,874
- Trade debts +€782,772
up €782,772 (+352060.8%), from €222 to €782,994
- Depreciation -€2.5m
down €2.5m (-89.7%), from €2.8m to €291,371
- Gross operating margin -€2.0m
down €2.0m (-42.7%), from €4.8m to €2.7m
- Financial charges -€526,928
down €526,928 (-27.3%), from €1.9m to €1.4m
- Taxes +€295,903
up €295,903 (+10379.3%), from €2,851 to €298,754
- Financial income +€228,744
new in 2025: €228,744
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 | €33,900,700 | €32,844,565 | -€1.1m | -3.1% |
| Fixed assets | 21/28 | €27,666,488 | €5,013,407 | -€22.7m | -81.9% |
| Tangible fixed assets | 22/27 | €27,666,488 | €5,013,407 | -€22.7m | -81.9% |
| Land and buildings | 22 | €5,090,328 | €4,828,892 | -€261,436 | -5.1% |
| Plant, machinery and equipment | 23 | €19,751,823 | €0 | -€19.8m | -100.0% |
| Leasing and similar rights | 25 | €2,824,337 | €184,515 | -€2.6m | -93.5% |
| Current assets | 29/58 | €6,234,213 | €27,831,158 | +€21.6m | +346.4% |
| Amounts receivable after more than one year | 29 | - | €22,874,392 | +€22.9m | |
| Other amounts receivable | 291 | - | €22,874,392 | +€22.9m | |
| Amounts receivable within one year | 40/41 | €6,192,366 | €4,611,401 | -€1.6m | -25.5% |
| Trade receivables | 40 | €2,913,375 | €1,370,000 | -€1.5m | -53.0% |
| Other amounts receivable | 41 | €3,278,991 | €3,241,401 | -€37,591 | -1.1% |
| Cash at bank and in hand | 54/58 | €3,371 | €73,837 | +€70,466 | +2090.3% |
| Deferred charges and accrued income | 490/1 | €38,475 | €271,529 | +€233,054 | +605.7% |
| Total equity and liabilities | 10/49 | €33,900,700 | €32,844,565 | -€1.1m | -3.1% |
| Equity | 10/15 | €32,264 | €946,874 | +€914,610 | +2834.8% |
| Contributions | 10/11 | €25,000 | €25,000 | = | 0.0% |
| Reserves | 13 | €7,264 | €921,874 | +€914,610 | +12591.3% |
| Distributable reserves | 133 | €7,264 | €921,874 | +€914,610 | +12591.3% |
| Amounts payable | 17/49 | €33,868,437 | €31,897,691 | -€2.0m | -5.8% |
| Amounts payable after more than one year | 17 | €29,319,508 | €26,044,801 | -€3.3m | -11.2% |
| Financial debts | 170/4 | €29,319,508 | €26,044,801 | -€3.3m | -11.2% |
| Amounts payable within one year | 42/48 | €3,935,437 | €5,015,398 | +€1.1m | +27.4% |
| Current portion of amounts payable after more than one year | 42 | €3,621,304 | €3,688,327 | +€67,023 | +1.9% |
| Trade debts | 44 | €222 | €782,994 | +€782,772 | +352060.8% |
| Suppliers | 440/4 | €222 | €782,994 | +€782,772 | +352060.8% |
| Taxes, remuneration and social security | 45 | €68,910 | €299,076 | +€230,166 | +334.0% |
| Taxes | 450/3 | €68,910 | €299,076 | +€230,166 | +334.0% |
| Other amounts payable | 47/48 | €245,000 | €245,000 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €613,492 | €837,492 | +€224,000 | +36.5% |
| Non-recurring operating income | 76A | - | €1,000 | +€1,000 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,840,056 | €291,371 | -€2.5m | -89.7% |
| Other operating charges | 640/8 | - | €60,429 | +€60,429 | |
| Gross operating margin | 9900 | €4,780,862 | €2,740,185 | -€2.0m | -42.7% |
| Operating profit (loss) | 9901 | €1,940,807 | €2,388,385 | +€447,578 | +23.1% |
| Financial income | 75/76B | - | €228,744 | +€228,744 | |
| Recurring financial income | 75 | - | €228,744 | +€228,744 | |
| Financial charges | 65/66B | €1,930,692 | €1,403,764 | -€526,928 | -27.3% |
| Recurring financial charges | 65 | €1,930,692 | €1,403,764 | -€526,928 | -27.3% |
| Profit (loss) for the period before taxes | 9903 | €10,115 | €1,213,365 | +€1.2m | +11896.0% |
| Income taxes | 67/77 | €2,851 | €298,754 | +€295,903 | +10379.3% |
| Profit (loss) for the period | 9904 | €7,264 | €914,610 | +€907,347 | +12491.3% |
| Profit (loss) for the period to be appropriated | 9905 | €7,264 | €914,610 | +€907,347 | +12491.3% |
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 29 September 2026 via checked.be.