Kaleta: what changed
Kaleta
Largest movements
- Cash -€15,707
down €15,707 (-18.7%), from €83,932 to €68,225
mainly Contributions, distributions and other (-€70,340) and Trade debts (-€6,664)
- Receivables within one year -€14,758
down €14,758 (-46.6%), from €31,687 to €16,929
- Tangible fixed assets +€4,780
new in 2025: €4,780
- Deferred charges and accrued income -€2,510
down €2,510 (-100%), from €2,510 to €0
- Reserves -€19,698
down €19,698 (-27.3%), from €72,200 to €52,502
of which Distributable reserves: -€17,838
- Trade debts -€6,664
down €6,664 (-96.8%), from €6,884 to €220
- Tax, wage and social debts -€2,054
down €2,054 (-15.2%), from €13,486 to €11,432
- Gross operating margin +€16,784
up €16,784 (+32.5%), from €51,653 to €68,437
- Taxes +€2,721
up €2,721 (+22.9%), from €11,877 to €14,598
- Other operating charges +€1,690
up €1,690 (+271%), from €625 to €2,315
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €118,129 | €89,934 | -€28,194 | -23.9% |
| Fixed assets | 21/28 | - | €4,780 | +€4,780 | |
| Tangible fixed assets | 22/27 | - | €4,780 | +€4,780 | |
| Furniture and vehicles | 24 | - | €4,780 | +€4,780 | |
| Current assets | 29/58 | €118,129 | €85,154 | -€32,975 | -27.9% |
| Amounts receivable within one year | 40/41 | €31,687 | €16,929 | -€14,758 | -46.6% |
| Trade receivables | 40 | €31,687 | €16,929 | -€14,758 | -46.6% |
| Cash at bank and in hand | 54/58 | €83,932 | €68,225 | -€15,707 | -18.7% |
| Deferred charges and accrued income | 490/1 | €2,510 | €0 | -€2,510 | -100% |
| Total equity and liabilities | 10/49 | €118,129 | €89,934 | -€28,194 | -23.9% |
| Equity | 10/15 | €90,800 | €71,102 | -€19,698 | -21.7% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €72,200 | €52,502 | -€19,698 | -27.3% |
| Non-distributable reserves | 130/1 | €1,860 | €0 | -€1,860 | -100% |
| Reserves not available under the articles | 1311 | €1,860 | €0 | -€1,860 | -100% |
| Distributable reserves | 133 | €70,340 | €52,502 | -€17,838 | -25.4% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €27,329 | €18,833 | -€8,496 | -31.1% |
| Amounts payable within one year | 42/48 | €27,329 | €18,833 | -€8,496 | -31.1% |
| Current portion of amounts payable after more than one year | 42 | €0 | - | = | |
| Trade debts | 44 | €6,884 | €220 | -€6,664 | -96.8% |
| Suppliers | 440/4 | €6,884 | €220 | -€6,664 | -96.8% |
| Taxes, remuneration and social security | 45 | €13,486 | €11,432 | -€2,054 | -15.2% |
| Taxes | 450/3 | €13,486 | €11,432 | -€2,054 | -15.2% |
| Other amounts payable | 47/48 | €6,960 | €7,181 | +€222 | +3.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €0 | €639 | +€639 | |
| Other operating charges | 640/8 | €625 | €2,315 | +€1,690 | +271% |
| Gross operating margin | 9900 | €51,653 | €68,437 | +€16,784 | +32.5% |
| Operating profit (loss) | 9901 | €51,029 | €65,484 | +€14,455 | +28.3% |
| Financial income | 75/76B | €0 | €0 | +€0 | |
| Recurring financial income | 75 | €0 | €0 | +€0 | |
| Financial charges | 65/66B | €365 | €244 | -€121 | -33.1% |
| Recurring financial charges | 65 | €365 | €244 | -€121 | -33.1% |
| Profit (loss) for the period before taxes | 9903 | €50,663 | €65,240 | +€14,576 | +28.8% |
| Income taxes | 67/77 | €11,877 | €14,598 | +€2,721 | +22.9% |
| Profit (loss) for the period | 9904 | €38,786 | €50,642 | +€11,855 | +30.6% |
| Profit (loss) for the period to be appropriated | 9905 | €38,786 | €50,642 | +€11,855 | +30.6% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 4 November 2026 via checked.be.