Kaleberg: 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.
Kaleberg
Largest movements
- Deferred charges and accrued income +€16,960
up €16,960 (+37.0%), from €45,789 to €62,749
- Receivables within one year -€5,979
no longer reported in 2025 (was €5,979)
- Tangible fixed assets -€4,000
down €4,000 (-25.0%), from €16,000 to €12,000
- Cash -€876
down €876 (-35.8%), from €2,451 to €1,574
mainly Deferred charges and accrued income (-€16,960)
- Profit (loss) carried forward +€5,522
up €5,522 (+8.2%), from €67,449 to €72,971
- Taxes +€6,396
new in 2025: €6,396
- Gross operating margin -€4,078
down €4,078 (-19.6%), from €20,774 to €16,697
- Other operating charges -€274
down €274 (-26.0%), from €1,054 to €779
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 | €70,218 | €76,323 | +€6,105 | +8.7% |
| Fixed assets | 21/28 | €16,000 | €12,000 | -€4,000 | -25.0% |
| Tangible fixed assets | 22/27 | €16,000 | €12,000 | -€4,000 | -25.0% |
| Furniture and vehicles | 24 | €16,000 | €12,000 | -€4,000 | -25.0% |
| Current assets | 29/58 | €54,219 | €64,323 | +€10,105 | +18.6% |
| Amounts receivable within one year | 40/41 | €5,979 | - | -€5,979 | |
| Other amounts receivable | 41 | €5,979 | - | -€5,979 | |
| Cash at bank and in hand | 54/58 | €2,451 | €1,574 | -€876 | -35.8% |
| Deferred charges and accrued income | 490/1 | €45,789 | €62,749 | +€16,960 | +37.0% |
| Total equity and liabilities | 10/49 | €70,218 | €76,323 | +€6,105 | +8.7% |
| Equity | 10/15 | €69,949 | €75,471 | +€5,522 | +7.9% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €67,449 | €72,971 | +€5,522 | +8.2% |
| Amounts payable | 17/49 | €269 | €852 | +€583 | +216.9% |
| Amounts payable within one year | 42/48 | €269 | €852 | +€583 | +216.9% |
| Trade debts | 44 | €269 | €852 | +€583 | +216.9% |
| Suppliers | 440/4 | €269 | €852 | +€583 | +216.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,000 | €4,000 | = | 0.0% |
| Other operating charges | 640/8 | €1,054 | €779 | -€274 | -26.0% |
| Gross operating margin | 9900 | €20,774 | €16,697 | -€4,078 | -19.6% |
| Operating profit (loss) | 9901 | €15,721 | €11,918 | -€3,803 | -24.2% |
| Profit (loss) for the period before taxes | 9903 | €15,721 | €11,918 | -€3,803 | -24.2% |
| Income taxes | 67/77 | - | €6,396 | +€6,396 | |
| Profit (loss) for the period | 9904 | €15,721 | €5,522 | -€10,199 | -64.9% |
| Profit (loss) for the period to be appropriated | 9905 | €15,721 | €5,522 | -€10,199 | -64.9% |
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 4 October 2026 via checked.be.