DR CALLEBAUT: 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.
DR CALLEBAUT
Largest movements
- Current investments -€68,021
down €68,021 (-20.9%), from €325,695 to €257,674
- Cash +€18,637
up €18,637 (+48.6%), from €38,341 to €56,978
mainly Current investments (+€68,021) and Other debts (+€53,699)
- Tangible fixed assets -€16,401
down €16,401 (-32.2%), from €50,974 to €34,573
of which Furniture and vehicles: -€13,299
- Deferred charges and accrued income -€4,829
down €4,829 (-57.0%), from €8,468 to €3,639
- Reserves -€131,500
down €131,500 (-46.9%), from €280,460 to €148,960
- Other debts +€53,699
up €53,699 (+45.7%), from €117,510 to €171,210
- Accrued charges and deferred income +€7,210
up €7,210 (+336%), from €2,143 to €9,354
- Gross operating margin -€20,328
down €20,328 (-28.1%), from €72,407 to €52,079
- Financial income +€15,798
up €15,798 (+1,009%), from €1,566 to €17,364
- Depreciation +€8,357
up €8,357 (+104%), from €8,044 to €16,401
- Taxes -€5,349
down €5,349 (-29.5%), from €18,135 to €12,786
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.
Derived cash bridge
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 | €434,067 | €361,626 | -€72,441 | -16.7% |
| Fixed assets | 21/28 | €50,974 | €34,573 | -€16,401 | -32.2% |
| Tangible fixed assets | 22/27 | €50,974 | €34,573 | -€16,401 | -32.2% |
| Plant, machinery and equipment | 23 | €24,011 | €20,909 | -€3,101 | -12.9% |
| Furniture and vehicles | 24 | €26,963 | €13,664 | -€13,299 | -49.3% |
| Current assets | 29/58 | €383,093 | €327,052 | -€56,041 | -14.6% |
| Amounts receivable within one year | 40/41 | €10,589 | €8,761 | -€1,827 | -17.3% |
| Trade receivables | 40 | €135 | €50 | -€85 | -63.0% |
| Other amounts receivable | 41 | €10,454 | €8,711 | -€1,742 | -16.7% |
| Current investments | 50/53 | €325,695 | €257,674 | -€68,021 | -20.9% |
| Cash at bank and in hand | 54/58 | €38,341 | €56,978 | +€18,637 | +48.6% |
| Deferred charges and accrued income | 490/1 | €8,468 | €3,639 | -€4,829 | -57.0% |
| Total equity and liabilities | 10/49 | €434,067 | €361,626 | -€72,441 | -16.7% |
| Equity | 10/15 | €302,698 | €171,233 | -€131,465 | -43.4% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €280,460 | €148,960 | -€131,500 | -46.9% |
| Distributable reserves | 133 | €280,460 | €148,960 | -€131,500 | -46.9% |
| Profit (loss) carried forward | 14 | €3,638 | €3,673 | +€35 | +1.0% |
| Amounts payable | 17/49 | €131,369 | €190,393 | +€59,024 | +44.9% |
| Amounts payable within one year | 42/48 | €129,226 | €181,039 | +€51,813 | +40.1% |
| Trade debts | 44 | €6,715 | €8,629 | +€1,914 | +28.5% |
| Suppliers | 440/4 | €6,715 | €8,629 | +€1,914 | +28.5% |
| Taxes, remuneration and social security | 45 | €5,000 | €1,200 | -€3,800 | -76.0% |
| Taxes | 450/3 | €5,000 | €1,200 | -€3,800 | -76.0% |
| Other amounts payable | 47/48 | €117,510 | €171,210 | +€53,699 | +45.7% |
| Accrued charges and deferred income | 492/3 | €2,143 | €9,354 | +€7,210 | +336% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,044 | €16,401 | +€8,357 | +104% |
| Other operating charges | 640/8 | €1,277 | €1,458 | +€181 | +14.2% |
| Gross operating margin | 9900 | €72,407 | €52,079 | -€20,328 | -28.1% |
| Operating profit (loss) | 9901 | €63,087 | €34,220 | -€28,867 | -45.8% |
| Financial income | 75/76B | €1,566 | €17,364 | +€15,798 | +1,009% |
| Recurring financial income | 75 | €1,566 | €17,364 | +€15,798 | +1,009% |
| Financial charges | 65/66B | €519 | €63 | -€456 | -87.9% |
| Recurring financial charges | 65 | €519 | €63 | -€456 | -87.9% |
| Profit (loss) for the period before taxes | 9903 | €64,134 | €51,521 | -€12,613 | -19.7% |
| Income taxes | 67/77 | €18,135 | €12,786 | -€5,349 | -29.5% |
| Profit (loss) for the period | 9904 | €45,999 | €38,735 | -€7,264 | -15.8% |
| Profit (loss) for the period to be appropriated | 9905 | €45,999 | €38,735 | -€7,264 | -15.8% |
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 31 October 2026 via checked.be.