DE CALUWE: 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.
DE CALUWE
Largest movements
- Tangible fixed assets -€23,534
down €23,534 (-4.5%), from €525,421 to €501,887
of which Land and buildings: -€20,188
- Receivables within one year -€13,553
down €13,553 (-23.4%), from €57,849 to €44,296
of which Trade receivables: -€11,311
- Debts after one year -€26,666
down €26,666 (-6.2%), from €433,023 to €406,357
- Trade debts -€8,446
down €8,446 (-32.2%), from €26,198 to €17,752
- Other operating charges -€1,352
down €1,352 (-38.0%), from €3,557 to €2,205
- Depreciation +€1,161
up €1,161 (+3.4%), from €33,761 to €34,922
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 | €634,614 | €602,233 | -€32,381 | -5.1% |
| Fixed assets | 21/28 | €525,421 | €501,887 | -€23,534 | -4.5% |
| Tangible fixed assets | 22/27 | €525,421 | €501,887 | -€23,534 | -4.5% |
| Land and buildings | 22 | €502,968 | €482,780 | -€20,188 | -4.0% |
| Plant, machinery and equipment | 23 | €14,959 | €15,280 | +€321 | +2.1% |
| Furniture and vehicles | 24 | €7,495 | €3,827 | -€3,668 | -48.9% |
| Current assets | 29/58 | €109,193 | €100,346 | -€8,847 | -8.1% |
| Amounts receivable within one year | 40/41 | €57,849 | €44,296 | -€13,553 | -23.4% |
| Trade receivables | 40 | €42,997 | €31,687 | -€11,311 | -26.3% |
| Other amounts receivable | 41 | €14,851 | €12,609 | -€2,242 | -15.1% |
| Cash at bank and in hand | 54/58 | €46,369 | €48,905 | +€2,535 | +5.5% |
| Deferred charges and accrued income | 490/1 | €4,975 | €7,146 | +€2,171 | +43.6% |
| Total equity and liabilities | 10/49 | €634,614 | €602,233 | -€32,381 | -5.1% |
| Equity | 10/15 | €126,677 | €126,715 | +€38 | 0.0% |
| Reserves | 13 | €77,952 | €77,952 | = | 0.0% |
| Distributable reserves | 133 | €77,952 | €77,952 | = | 0.0% |
| Profit (loss) carried forward | 14 | €48,725 | €48,763 | +€38 | +0.1% |
| Amounts payable | 17/49 | €507,937 | €475,518 | -€32,419 | -6.4% |
| Amounts payable after more than one year | 17 | €433,023 | €406,357 | -€26,666 | -6.2% |
| Financial debts | 170/4 | €433,023 | €406,357 | -€26,666 | -6.2% |
| Amounts payable within one year | 42/48 | €74,914 | €69,161 | -€5,753 | -7.7% |
| Current portion of amounts payable after more than one year | 42 | €25,747 | €26,666 | +€919 | +3.6% |
| Financial debts | 43 | €1,525 | €1,525 | = | 0.0% |
| Credit institutions | 430/8 | €1,525 | €1,525 | = | 0.0% |
| Trade debts | 44 | €26,198 | €17,752 | -€8,446 | -32.2% |
| Suppliers | 440/4 | €26,198 | €17,752 | -€8,446 | -32.2% |
| Advances received on contracts in progress | 46 | €788 | €788 | = | 0.0% |
| Taxes, remuneration and social security | 45 | €0 | €202 | +€202 | |
| Taxes | 450/3 | €0 | €202 | +€202 | |
| Other amounts payable | 47/48 | €20,657 | €22,228 | +€1,571 | +7.6% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €33,761 | €34,922 | +€1,161 | +3.4% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €0 | - | = | |
| Other operating charges | 640/8 | €3,557 | €2,205 | -€1,352 | -38.0% |
| Gross operating margin | 9900 | €55,276 | €54,776 | -€500 | -0.9% |
| Operating profit (loss) | 9901 | €17,958 | €17,648 | -€310 | -1.7% |
| Financial income | 75/76B | €71 | €39 | -€32 | -45.3% |
| Recurring financial income | 75 | €71 | €39 | -€32 | -45.3% |
| Financial charges | 65/66B | €16,629 | €16,649 | +€20 | +0.1% |
| Recurring financial charges | 65 | €16,629 | €16,649 | +€20 | +0.1% |
| Profit (loss) for the period before taxes | 9903 | €1,400 | €1,038 | -€362 | -25.9% |
| Income taxes | 67/77 | €1,393 | €1,000 | -€393 | -28.2% |
| Profit (loss) for the period | 9904 | €7 | €38 | +€31 | +451.6% |
| Profit (loss) for the period to be appropriated | 9905 | €7 | €38 | +€31 | +451.6% |
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 10 October 2026 via checked.be.