Kalkuz-Tech: 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.
Kalkuz-Tech
Largest movements
- Receivables within one year +€64,236
up €64,236 (+979.6%), from €6,557 to €70,793
of which Other amounts receivable: +€42,396
- Cash -€6,906
down €6,906 (-67.7%), from €10,197 to €3,291
mainly Receivables within one year (-€64,236) and Other debts (-€2,462)
- Tangible fixed assets -€2,192
down €2,192 (-32.1%), from €6,831 to €4,639
- Reserves +€46,754
up €46,754 (+574.3%), from €8,142 to €54,896
- Tax, wage and social debts +€12,707
up €12,707 (+396.5%), from €3,204 to €15,912
- Other debts -€2,462
no longer reported in 2025 (was €2,462)
- Trade debts -€1,862
down €1,862 (-21.2%), from €8,778 to €6,916
- Gross operating margin +€53,333
up €53,333 (+423.8%), from €12,584 to €65,917
- Taxes +€9,714
up €9,714 (+465.7%), from €2,086 to €11,800
- Staff costs +€3,337
up €3,337 (+394.6%), from €846 to €4,183
- Depreciation +€1,521
up €1,521 (+103.5%), from €1,470 to €2,991
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 | €23,586 | €78,724 | +€55,138 | +233.8% |
| Fixed assets | 21/28 | €6,831 | €4,639 | -€2,192 | -32.1% |
| Tangible fixed assets | 22/27 | €6,831 | €4,639 | -€2,192 | -32.1% |
| Plant, machinery and equipment | 23 | €6,831 | €4,639 | -€2,192 | -32.1% |
| Current assets | 29/58 | €16,755 | €74,084 | +€57,330 | +342.2% |
| Amounts receivable within one year | 40/41 | €6,557 | €70,793 | +€64,236 | +979.6% |
| Trade receivables | 40 | €6,504 | €28,344 | +€21,840 | +335.8% |
| Other amounts receivable | 41 | €54 | €42,450 | +€42,396 | +79170.9% |
| Cash at bank and in hand | 54/58 | €10,197 | €3,291 | -€6,906 | -67.7% |
| Total equity and liabilities | 10/49 | €23,586 | €78,724 | +€55,138 | +233.8% |
| Equity | 10/15 | €9,142 | €55,896 | +€46,754 | +511.4% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €8,142 | €54,896 | +€46,754 | +574.3% |
| Distributable reserves | 133 | €8,142 | €54,896 | +€46,754 | +574.3% |
| Amounts payable | 17/49 | €14,445 | €22,828 | +€8,384 | +58.0% |
| Amounts payable within one year | 42/48 | €14,445 | €22,828 | +€8,384 | +58.0% |
| Trade debts | 44 | €8,778 | €6,916 | -€1,862 | -21.2% |
| Suppliers | 440/4 | €8,778 | €6,916 | -€1,862 | -21.2% |
| Taxes, remuneration and social security | 45 | €3,204 | €15,912 | +€12,707 | +396.5% |
| Taxes | 450/3 | €3,204 | €15,912 | +€12,707 | +396.5% |
| Other amounts payable | 47/48 | €2,462 | - | -€2,462 | |
| Remuneration, social security and pensions | 62 | €846 | €4,183 | +€3,337 | +394.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,470 | €2,991 | +€1,521 | +103.5% |
| Other operating charges | 640/8 | - | €66 | +€66 | |
| Gross operating margin | 9900 | €12,584 | €65,917 | +€53,333 | +423.8% |
| Operating profit (loss) | 9901 | €10,269 | €58,678 | +€48,409 | +471.4% |
| Financial income | 75/76B | €2 | €0 | -€2 | -99.5% |
| Recurring financial income | 75 | €2 | €0 | -€2 | -99.5% |
| Financial charges | 65/66B | €43 | €124 | +€80 | +185.6% |
| Recurring financial charges | 65 | €43 | €124 | +€80 | +185.6% |
| Profit (loss) for the period before taxes | 9903 | €10,227 | €58,554 | +€48,327 | +472.5% |
| Income taxes | 67/77 | €2,086 | €11,800 | +€9,714 | +465.7% |
| Profit (loss) for the period | 9904 | €8,142 | €46,754 | +€38,613 | +474.3% |
| Profit (loss) for the period to be appropriated | 9905 | €8,142 | €46,754 | +€38,613 | +474.3% |
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 7 October 2026 via checked.be.