K. 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.
K. Callebaut
Largest movements
- Receivables within one year +€74,993
up €74,993 (+950%), from €7,894 to €82,887
- Cash +€10,112
up €10,112 (+57.9%), from €17,451 to €27,564
mainly Net result for the year (+€64,209) and Tax, wage and social debts (+€21,571)
- Tangible fixed assets -€7,891
down €7,891 (-31.5%), from €25,033 to €17,141
- Profit (loss) carried forward +€63,350
up €63,350 (+290%), from €21,858 to €85,208
- Tax, wage and social debts +€21,571
up €21,571 (+330%), from €6,545 to €28,116
- Debts after one year -€8,412
down €8,412 (-56.3%), from €14,945 to €6,533
- Gross operating margin +€64,256
up €64,256 (+197%), from €32,697 to €96,953
- Taxes +€12,688
up €12,688 (+201%), from €6,305 to €18,993
- Depreciation +€7,693
up €7,693 (+284%), from €2,709 to €10,402
- Staff costs +€1,024
up €1,024 (+256%), from €400 to €1,424
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 | €53,427 | €129,516 | +€76,089 | +142% |
| Formation expenses | 20 | €1,062 | €0 | -€1,062 | -100% |
| Fixed assets | 21/28 | €25,033 | €17,141 | -€7,891 | -31.5% |
| Tangible fixed assets | 22/27 | €25,033 | €17,141 | -€7,891 | -31.5% |
| Furniture and vehicles | 24 | €25,033 | €17,141 | -€7,891 | -31.5% |
| Current assets | 29/58 | €27,332 | €112,375 | +€85,042 | +311% |
| Amounts receivable within one year | 40/41 | €7,894 | €82,887 | +€74,993 | +950% |
| Other amounts receivable | 41 | €7,894 | €82,887 | +€74,993 | +950% |
| Cash at bank and in hand | 54/58 | €17,451 | €27,564 | +€10,112 | +57.9% |
| Deferred charges and accrued income | 490/1 | €1,987 | €1,924 | -€63 | -3.2% |
| Total equity and liabilities | 10/49 | €53,427 | €129,516 | +€76,089 | +142% |
| Equity | 10/15 | €22,858 | €86,208 | +€63,350 | +277% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €21,858 | €85,208 | +€63,350 | +290% |
| Amounts payable | 17/49 | €30,568 | €43,307 | +€12,739 | +41.7% |
| Amounts payable after more than one year | 17 | €14,945 | €6,533 | -€8,412 | -56.3% |
| Financial debts | 170/4 | €14,945 | €6,533 | -€8,412 | -56.3% |
| Amounts payable within one year | 42/48 | €15,623 | €36,774 | +€21,151 | +135% |
| Current portion of amounts payable after more than one year | 42 | €8,084 | €8,412 | +€329 | +4.1% |
| Trade debts | 44 | €994 | €246 | -€748 | -75.3% |
| Suppliers | 440/4 | €994 | €246 | -€748 | -75.3% |
| Taxes, remuneration and social security | 45 | €6,545 | €28,116 | +€21,571 | +330% |
| Taxes | 450/3 | €6,545 | €28,116 | +€21,571 | +330% |
| Remuneration, social security and pensions | 62 | €400 | €1,424 | +€1,024 | +256% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,709 | €10,402 | +€7,693 | +284% |
| Other operating charges | 640/8 | €379 | €995 | +€616 | +163% |
| Gross operating margin | 9900 | €32,697 | €96,953 | +€64,256 | +197% |
| Operating profit (loss) | 9901 | €29,210 | €84,131 | +€54,922 | +188% |
| Financial charges | 65/66B | €246 | €929 | +€683 | +277% |
| Recurring financial charges | 65 | €246 | €929 | +€683 | +277% |
| Profit (loss) for the period before taxes | 9903 | €28,964 | €83,203 | +€54,239 | +187% |
| Income taxes | 67/77 | €6,305 | €18,993 | +€12,688 | +201% |
| Profit (loss) for the period | 9904 | €22,658 | €64,209 | +€41,551 | +183% |
| Profit (loss) for the period to be appropriated | 9905 | €22,658 | €64,209 | +€41,551 | +183% |
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 20 October 2026 via checked.be.