KALIXIA: 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.
KALIXIA
Largest movements
- Receivables within one year -€911,436
down €911,436 (-81.8%), from €1.1m to €202,154
of which Other amounts receivable: -€1.1m
- Tangible fixed assets +€760,869
up €760,869 (+22.8%), from €3.3m to €4.1m
of which Land and buildings: +€736,664
- Cash -€50,216
down €50,216 (-29.0%), from €173,435 to €123,218
mainly Investment in fixed assets (net) (-€931,179) and Debts after one year (-€151,998)
- Debts after one year -€151,998
down €151,998 (-24.7%), from €616,302 to €464,303
- Depreciation +€29,244
up €29,244 (+20.7%), from €141,065 to €170,309
- Financial income -€21,222
down €21,222 (-81.1%), from €26,160 to €4,939
- Other operating charges +€6,430
up €6,430 (+613%), from €1,049 to €7,479
- Gross operating margin -€1,828
down €1,828 (-1.0%), from €176,904 to €175,076
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 | €4,706,667 | €4,460,978 | -€245,689 | -5.2% |
| Fixed assets | 21/28 | €3,342,190 | €4,103,059 | +€760,869 | +22.8% |
| Tangible fixed assets | 22/27 | €3,342,190 | €4,103,059 | +€760,869 | +22.8% |
| Land and buildings | 22 | €3,336,342 | €4,073,006 | +€736,664 | +22.1% |
| Plant, machinery and equipment | 23 | €5,848 | €30,053 | +€24,206 | +414% |
| Current assets | 29/58 | €1,364,477 | €357,919 | -€1.0m | -73.8% |
| Amounts receivable within one year | 40/41 | €1,113,590 | €202,154 | -€911,436 | -81.8% |
| Trade receivables | 40 | - | €186,340 | +€186,340 | |
| Other amounts receivable | 41 | €1,113,590 | €15,814 | -€1.1m | -98.6% |
| Cash at bank and in hand | 54/58 | €173,435 | €123,218 | -€50,216 | -29.0% |
| Deferred charges and accrued income | 490/1 | €77,453 | €32,547 | -€44,905 | -58.0% |
| Total equity and liabilities | 10/49 | €4,706,667 | €4,460,978 | -€245,689 | -5.2% |
| Equity | 10/15 | €1,748,052 | €1,721,837 | -€26,214 | -1.5% |
| Contributions | 10/11 | €1,032,667 | €1,032,667 | = | 0.0% |
| Capital | 10 | €1,032,667 | - | -€1.0m | |
| Issued capital | 100 | €1,046,000 | - | -€1.0m | |
| Uncalled capital | 101 | €13,333 | - | -€13,333 | |
| Reserves | 13 | €721,274 | €698,259 | -€23,016 | -3.2% |
| Non-distributable reserves | 130/1 | €9,800 | - | -€9,800 | |
| Legal reserve | 130 | €9,800 | - | -€9,800 | |
| Tax-exempt reserves | 132 | €361,474 | €338,459 | -€23,016 | -6.4% |
| Distributable reserves | 133 | €350,000 | €359,800 | +€9,800 | +2.8% |
| Profit (loss) carried forward | 14 | -€5,890 | -€9,089 | -€3,199 | -54.3% |
| Provisions and deferred taxes | 16 | €120,419 | €112,748 | -€7,672 | -6.4% |
| Deferred taxes | 168 | €120,419 | €112,748 | -€7,672 | -6.4% |
| Amounts payable | 17/49 | €2,838,196 | €2,626,393 | -€211,802 | -7.5% |
| Amounts payable after more than one year | 17 | €616,302 | €464,303 | -€151,998 | -24.7% |
| Financial debts | 170/4 | €616,302 | €464,303 | -€151,998 | -24.7% |
| Amounts payable within one year | 42/48 | €2,046,341 | €2,022,575 | -€23,766 | -1.2% |
| Current portion of amounts payable after more than one year | 42 | €150,633 | €151,998 | +€1,365 | +0.9% |
| Trade debts | 44 | €172,731 | €168,175 | -€4,556 | -2.6% |
| Suppliers | 440/4 | €172,731 | €168,175 | -€4,556 | -2.6% |
| Advances received on contracts in progress | 46 | €3,048 | - | -€3,048 | |
| Taxes, remuneration and social security | 45 | €39,784 | €26,363 | -€13,421 | -33.7% |
| Taxes | 450/3 | €39,784 | €26,363 | -€13,421 | -33.7% |
| Other amounts payable | 47/48 | €1,680,145 | €1,676,039 | -€4,106 | -0.2% |
| Accrued charges and deferred income | 492/3 | €175,553 | €139,515 | -€36,038 | -20.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €141,065 | €170,309 | +€29,244 | +20.7% |
| Other operating charges | 640/8 | €1,049 | €7,479 | +€6,430 | +613% |
| Gross operating margin | 9900 | €176,904 | €175,076 | -€1,828 | -1.0% |
| Operating profit (loss) | 9901 | €34,790 | -€2,712 | -€37,502 | |
| Financial income | 75/76B | €26,160 | €4,939 | -€21,222 | -81.1% |
| Recurring financial income | 75 | €26,160 | €4,939 | -€21,222 | -81.1% |
| Financial charges | 65/66B | €37,020 | €35,802 | -€1,219 | -3.3% |
| Recurring financial charges | 65 | €37,020 | €35,802 | -€1,219 | -3.3% |
| Profit (loss) for the period before taxes | 9903 | €23,930 | -€33,575 | -€57,505 | |
| Transfer from deferred taxes | 780 | €7,672 | €7,672 | = | 0.0% |
| Income taxes | 67/77 | - | €311 | +€311 | |
| Profit (loss) for the period | 9904 | €31,602 | -€26,214 | -€57,816 | |
| Transfer from tax-exempt reserves | 789 | €23,016 | €23,016 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €54,617 | -€3,199 | -€57,816 |
Source: filed annual accounts (NBB), financial years ended 1 July 2024 and 1 July 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 15 October 2026 via checked.be.