KALIMARI: 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.
KALIMARI
Largest movements
- Tangible fixed assets -€12,450
down €12,450 (-27.0%), from €46,141 to €33,691
- Current investments -€4,088
down €4,088 (-4.4%), from €92,368 to €88,280
- Cash -€3,821
down €3,821 (-82.6%), from €4,625 to €804
mainly Current portion of long-term debt (-€11,419) and Net result for the year (-€10,793)
- Other debts +€11,791
up €11,791 (+98.3%), from €12,000 to €23,791
- Current portion of long-term debt -€11,419
down €11,419 (-68.9%), from €16,576 to €5,158
- Profit (loss) carried forward -€10,793
new in 2025: -€10,793
- Debts after one year -€6,693
no longer reported in 2025 (was €6,693)
- Tax, wage and social debts -€2,873
no longer reported in 2025 (was €2,873)
- Gross operating margin -€17,018
down €17,018 (-71.7%), from €23,734 to €6,716
- Taxes -€2,928
down €2,928 (-93.5%), from €3,132 to €204
- Other operating charges -€1,193
down €1,193 (-31.5%), from €3,783 to €2,590
- Financial charges +€1,087
up €1,087 (+54.7%), from €1,989 to €3,076
of which Financial charges: +€1,798
- Depreciation +€958
up €958 (+8.1%), from €11,892 to €12,850
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 | €146,366 | €126,400 | -€19,966 | -13.6% |
| Fixed assets | 21/28 | €46,141 | €33,691 | -€12,450 | -27.0% |
| Tangible fixed assets | 22/27 | €46,141 | €33,691 | -€12,450 | -27.0% |
| Furniture and vehicles | 24 | €46,141 | €33,691 | -€12,450 | -27.0% |
| Current assets | 29/58 | €100,225 | €92,709 | -€7,516 | -7.5% |
| Amounts receivable within one year | 40/41 | €1,203 | €1,532 | +€329 | +27.4% |
| Trade receivables | 40 | €897 | €1,239 | +€342 | +38.1% |
| Other amounts receivable | 41 | €305 | €292 | -€13 | -4.3% |
| Current investments | 50/53 | €92,368 | €88,280 | -€4,088 | -4.4% |
| Cash at bank and in hand | 54/58 | €4,625 | €804 | -€3,821 | -82.6% |
| Deferred charges and accrued income | 490/1 | €2,030 | €2,093 | +€64 | +3.1% |
| Total equity and liabilities | 10/49 | €146,366 | €126,400 | -€19,966 | -13.6% |
| Equity | 10/15 | €104,627 | €93,834 | -€10,793 | -10.3% |
| Contributions | 10/11 | €61,973 | €61,973 | = | 0.0% |
| Capital | 10 | €61,973 | €61,973 | = | 0.0% |
| Issued capital | 100 | €61,973 | €61,973 | = | 0.0% |
| Reserves | 13 | €42,653 | €42,653 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Distributable reserves | 133 | €36,453 | €36,453 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | -€10,793 | -€10,793 | |
| Amounts payable | 17/49 | €41,740 | €32,567 | -€9,173 | -22.0% |
| Amounts payable after more than one year | 17 | €6,693 | - | -€6,693 | |
| Financial debts | 170/4 | €6,693 | - | -€6,693 | |
| Amounts payable within one year | 42/48 | €35,047 | €32,567 | -€2,480 | -7.1% |
| Current portion of amounts payable after more than one year | 42 | €16,576 | €5,158 | -€11,419 | -68.9% |
| Trade debts | 44 | €3,598 | €3,618 | +€21 | +0.6% |
| Suppliers | 440/4 | €3,598 | €3,618 | +€21 | +0.6% |
| Taxes, remuneration and social security | 45 | €2,873 | - | -€2,873 | |
| Taxes | 450/3 | €2,873 | - | -€2,873 | |
| Other amounts payable | 47/48 | €12,000 | €23,791 | +€11,791 | +98.3% |
| Non-recurring operating income | 76A | €14,715 | - | -€14,715 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,892 | €12,850 | +€958 | +8.1% |
| Other operating charges | 640/8 | €3,783 | €2,590 | -€1,193 | -31.5% |
| Gross operating margin | 9900 | €23,734 | €6,716 | -€17,018 | -71.7% |
| Operating profit (loss) | 9901 | €8,060 | -€8,723 | -€16,783 | |
| Financial income | 75/76B | €1,403 | €1,211 | -€192 | -13.7% |
| Recurring financial income | 75 | €1,403 | €1,211 | -€192 | -13.7% |
| Financial charges | 65/66B | €1,989 | €3,076 | +€1,087 | +54.7% |
| Recurring financial charges | 65 | €1,279 | €3,076 | +€1,798 | +141% |
| Non-recurring financial charges | 66B | €710 | - | -€710 | |
| Profit (loss) for the period before taxes | 9903 | €7,474 | -€10,589 | -€18,062 | |
| Income taxes | 67/77 | €3,132 | €204 | -€2,928 | -93.5% |
| Profit (loss) for the period | 9904 | €4,342 | -€10,793 | -€15,134 | |
| Profit (loss) for the period to be appropriated | 9905 | €4,342 | -€10,793 | -€15,134 |
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 15 October 2026 via checked.be.