DE GROOT - CALLAERT: 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.
DE GROOT - CALLAERT
Largest movements
- Receivables within one year -€39,920
down €39,920 (-13.5%), from €296,440 to €256,521
of which Trade receivables: -€53,141
- Cash -€13,761
down €13,761 (-89.1%), from €15,451 to €1,690
mainly Debts after one year (-€100,000) and Tax, wage and social debts (-€20,315)
- Tangible fixed assets -€4,919
down €4,919 (-29.9%), from €16,449 to €11,529
of which Furniture and vehicles: -€4,310
- Debts after one year -€100,000
no longer reported in 2025 (was €100,000)
- Short-term financial debts +€53,861
new in 2025: €53,861
- Reserves +€21,435
up €21,435 (+13.9%), from €154,310 to €175,745
- Tax, wage and social debts -€20,315
down €20,315 (-75.5%), from €26,904 to €6,588
- Trade debts -€13,592
down €13,592 (-50.1%), from €27,119 to €13,527
- Gross operating margin -€41,153
down €41,153 (-42.4%), from €96,978 to €55,826
- Taxes -€11,656
down €11,656 (-46.4%), from €25,146 to €13,491
- Financial charges -€4,484
down €4,484 (-23.1%), from €19,385 to €14,902
- Financial income +€1,199
up €1,199 (+328.9%), from €364 to €1,563
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 | €330,394 | €271,784 | -€58,610 | -17.7% |
| Fixed assets | 21/28 | €18,443 | €13,523 | -€4,919 | -26.7% |
| Tangible fixed assets | 22/27 | €16,449 | €11,529 | -€4,919 | -29.9% |
| Plant, machinery and equipment | 23 | €2,083 | €1,473 | -€610 | -29.3% |
| Furniture and vehicles | 24 | €14,366 | €10,056 | -€4,310 | -30.0% |
| Financial fixed assets | 28 | €1,994 | €1,994 | = | 0.0% |
| Current assets | 29/58 | €311,952 | €258,261 | -€53,691 | -17.2% |
| Amounts receivable within one year | 40/41 | €296,440 | €256,521 | -€39,920 | -13.5% |
| Trade receivables | 40 | €100,031 | €46,890 | -€53,141 | -53.1% |
| Other amounts receivable | 41 | €196,409 | €209,631 | +€13,222 | +6.7% |
| Cash at bank and in hand | 54/58 | €15,451 | €1,690 | -€13,761 | -89.1% |
| Deferred charges and accrued income | 490/1 | €60 | €50 | -€10 | -16.7% |
| Total equity and liabilities | 10/49 | €330,394 | €271,784 | -€58,610 | -17.7% |
| Equity | 10/15 | €174,772 | €196,208 | +€21,436 | +12.3% |
| Contributions | 10/11 | €20,396 | €20,396 | = | 0.0% |
| Reserves | 13 | €154,310 | €175,745 | +€21,435 | +13.9% |
| Distributable reserves | 133 | €154,310 | €175,745 | +€21,435 | +13.9% |
| Profit (loss) carried forward | 14 | €66 | €66 | +€1 | +1.4% |
| Amounts payable | 17/49 | €155,623 | €75,577 | -€80,046 | -51.4% |
| Amounts payable after more than one year | 17 | €100,000 | - | -€100,000 | |
| Financial debts | 170/4 | €100,000 | - | -€100,000 | |
| Amounts payable within one year | 42/48 | €55,623 | €75,577 | +€19,954 | +35.9% |
| Financial debts | 43 | - | €53,861 | +€53,861 | |
| Credit institutions | 430/8 | - | €53,861 | +€53,861 | |
| Trade debts | 44 | €27,119 | €13,527 | -€13,592 | -50.1% |
| Suppliers | 440/4 | €27,119 | €13,527 | -€13,592 | -50.1% |
| Taxes, remuneration and social security | 45 | €26,904 | €6,588 | -€20,315 | -75.5% |
| Taxes | 450/3 | €26,904 | €6,588 | -€20,315 | -75.5% |
| Other amounts payable | 47/48 | €1,600 | €1,600 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,919 | €4,919 | = | 0.0% |
| Other operating charges | 640/8 | €760 | €1,041 | +€281 | +36.9% |
| Gross operating margin | 9900 | €96,978 | €55,826 | -€41,153 | -42.4% |
| Operating profit (loss) | 9901 | €91,298 | €49,865 | -€41,433 | -45.4% |
| Financial income | 75/76B | €364 | €1,563 | +€1,199 | +328.9% |
| Recurring financial income | 75 | €364 | €1,563 | +€1,199 | +328.9% |
| Financial charges | 65/66B | €19,385 | €14,902 | -€4,484 | -23.1% |
| Recurring financial charges | 65 | €19,385 | €14,902 | -€4,484 | -23.1% |
| Profit (loss) for the period before taxes | 9903 | €72,278 | €36,527 | -€35,751 | -49.5% |
| Income taxes | 67/77 | €25,146 | €13,491 | -€11,656 | -46.4% |
| Profit (loss) for the period | 9904 | €47,131 | €23,036 | -€24,095 | -51.1% |
| Profit (loss) for the period to be appropriated | 9905 | €47,131 | €23,036 | -€24,095 | -51.1% |
Source: filed annual accounts (NBB), fiscal years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.