Kalvermarkt: what changed
What changed
Kalvermarkt
NACE 87.101, Residential care activities
filed annual accounts (NBB)
Net result for the year
-€580,096
2023 · €63,390-€643,486
Equity
€1.7m
2023 · €2.3m-€580,096
Cash
€65,471
2023 · €224,518-€159,047
Balance sheet total
€26.3m
2023 · €3.6m+€22.7m
Largest movements
Assets
- Tangible fixed assets +€22.7m
up €22.7m (+5,585%), from €406,625 to €23.1m
of which Land and buildings: +€22.4m
- Receivables within one year +€783,201
up €783,201 (+117%), from €670,287 to €1.5m
of which Trade receivables: +€807,576
- Current investments -€653,383
down €653,383 (-28.7%), from €2.3m to €1.6m
Equity and liabilities
- Trade debts +€20.9m
up €20.9m (+7,543%), from €277,502 to €21.2m
- Tax, wage and social debts +€2.4m
up €2.4m (+384%), from €614,400 to €3.0m
of which Taxes: +€2.5m
- Reserves -€580,096
down €580,096 (-25.4%), from €2.3m to €1.7m
- Debts after one year -€347,200
down €347,200 (-100%), from €347,200 to €0
- Accrued charges and deferred income +€345,000
up €345,000 (+17,876%), from €1,930 to €346,930
Income statement
- Staff costs +€594,927
up €594,927 (+14.4%), from €4.1m to €4.7m
- Depreciation +€421,792
up €421,792 (+820%), from €51,438 to €473,230
- Gross operating margin +€384,656
up €384,656 (+9.2%), from €4.2m to €4.5m
- Purchases and services +€288,274
up €288,274 (+28.9%), from €996,462 to €1.3m
- Turnover +€226,579
up €226,579 (+5.9%), from €3.8m to €4.1m
Change in the result, 2023 to 2024
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2023
€63,390
Gross operating margin
+€384,656
Staff costs
-€594,927
Depreciation
-€421,792
Other operating charges
-€21,788
Other operating items
-€10,467
Financial income
+€82,501
Financial charges
-€61,669
Result 2024
-€580,096
raises the resultlowers the resultnot broken down further in the accounts
Derived cash bridge
The bridge is derived from the 2023 and 2024 balance sheets and the 2024 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€22.7m
Investment
-€22.6m
Financing
-€347,200
Cash 2023
€224,518
From operations (derived)
+€22.7m
Net result for the year
-€580,096
Depreciation
+€473,230
Receivables within one year
-€783,201
Smaller working-capital items
-€3,716
Trade debts
+€20.9m
Tax, wage and social debts
+€2.4m
Accrued charges and deferred income
+€345,000
Investment (derived)
-€22.6m
Investment in fixed assets (net)
-€23.2m
Current investments
+€653,383
Financing
-€347,200
Debts after one year
-€347,200
Not broken down
+€15,658
Cash 2024
€65,471
brings cash intakes cash outdifference in the filed balance sheets themselves
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €3,598,160 | €26,320,653 | +€22.7m | +632% |
| Formation expenses | 20 | - | €37,182 | +€37,182 | |
| Fixed assets | 21/28 | €409,450 | €23,120,246 | +€22.7m | +5,547% |
| Intangible fixed assets | 21 | €2,825 | €2,813 | -€12 | -0.4% |
| Tangible fixed assets | 22/27 | €406,625 | €23,117,433 | +€22.7m | +5,585% |
| Land and buildings | 22 | €0 | €22,369,685 | +€22.4m | |
| Plant, machinery and equipment | 23 | €46,660 | €213,824 | +€167,164 | +358% |
| Furniture and vehicles | 24 | €12,765 | €533,924 | +€521,159 | +4,083% |
| Leasing and similar rights | 25 | €347,200 | - | -€347,200 | |
| Assets under construction and advance payments | 27 | €0 | - | = | |
| Financial fixed assets | 28 | €0 | - | = | |
| Current assets | 29/58 | €3,188,710 | €3,163,225 | -€25,485 | -0.8% |
| Stocks and contracts in progress | 3 | €0 | - | = | |
| Stocks | 30/36 | €0 | - | = | |
| Amounts receivable within one year | 40/41 | €670,287 | €1,453,488 | +€783,201 | +117% |
| Trade receivables | 40 | €577,627 | €1,385,203 | +€807,576 | +140% |
| Other amounts receivable | 41 | €92,660 | €68,285 | -€24,375 | -26.3% |
| Current investments | 50/53 | €2,275,415 | €1,622,032 | -€653,383 | -28.7% |
| Cash at bank and in hand | 54/58 | €224,518 | €65,471 | -€159,047 | -70.8% |
| Deferred charges and accrued income | 490/1 | €18,490 | €22,234 | +€3,744 | +20.2% |
| Total equity and liabilities | 10/49 | €3,598,160 | €26,320,653 | +€22.7m | +632% |
| Equity | 10/15 | €2,280,987 | €1,700,891 | -€580,096 | -25.4% |
| Reserves | 13 | €2,280,987 | €1,700,891 | -€580,096 | -25.4% |
| Provisions and deferred taxes | 16 | €69 | €97 | +€28 | +40.6% |
| Provisions for liabilities and charges | 160/5 | €69 | €97 | +€28 | +40.6% |
| Other liabilities and charges | 164/5 | €69 | €97 | +€28 | +40.6% |
| Amounts payable | 17/49 | €1,317,104 | €24,619,665 | +€23.3m | +1,769% |
| Amounts payable after more than one year | 17 | €347,200 | €0 | -€347,200 | -100% |
| Financial debts | 170/4 | €347,200 | €0 | -€347,200 | -100% |
| Amounts payable within one year | 42/48 | €967,974 | €24,272,735 | +€23.3m | +2,408% |
| Current portion of amounts payable after more than one year | 42 | €0 | - | = | |
| Trade debts | 44 | €277,502 | €21,210,230 | +€20.9m | +7,543% |
| Suppliers | 440/4 | €277,502 | €21,210,230 | +€20.9m | +7,543% |
| Advances received on contracts in progress | 46 | €76,022 | €76,022 | = | 0.0% |
| Taxes, remuneration and social security | 45 | €614,400 | €2,970,775 | +€2.4m | +384% |
| Taxes | 450/3 | €10,137 | €2,482,331 | +€2.5m | +24,388% |
| Remuneration and social security | 454/9 | €604,263 | €488,444 | -€115,819 | -19.2% |
| Accrued charges and deferred income | 492/3 | €1,930 | €346,930 | +€345,000 | +17,876% |
| Turnover | 70 | €3,829,138 | €4,055,717 | +€226,579 | +5.9% |
| Membership fees, donations, legacies and grants | 73 | €1,218,419 | €1,616,529 | +€398,110 | +32.7% |
| Non-recurring operating income | 76A | €0 | €0 | = | |
| Goods, raw materials, services and sundry goods | 60/61 | €996,462 | €1,284,736 | +€288,274 | +28.9% |
| Remuneration, social security and pensions | 62 | €4,134,107 | €4,729,034 | +€594,927 | +14.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €51,438 | €473,230 | +€421,792 | +820% |
| Other operating charges | 640/8 | €31,159 | €52,947 | +€21,788 | +69.9% |
| Non-recurring operating charges | 66A | €4,829 | €15,268 | +€10,439 | +216% |
| Gross operating margin | 9900 | €4,164,257 | €4,548,913 | +€384,656 | +9.2% |
| Operating profit (loss) | 9901 | -€57,276 | -€721,594 | -€664,318 | -1,160% |
| Financial income | 75/76B | €65,565 | €148,066 | +€82,501 | +126% |
| Recurring financial income | 75 | €53,116 | €147,044 | +€93,928 | +177% |
| Non-recurring financial income | 76B | €12,449 | €1,022 | -€11,427 | -91.8% |
| Financial charges | 65/66B | -€55,101 | €6,568 | +€61,669 | |
| Recurring financial charges | 65 | -€55,101 | €6,568 | +€61,669 | |
| Profit (loss) for the period before taxes | 9903 | €63,390 | -€580,096 | -€643,486 | |
| Profit (loss) for the period | 9904 | €63,390 | -€580,096 | -€643,486 | |
| Profit (loss) for the period to be appropriated | 9905 | €63,390 | -€580,096 | -€643,486 |
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Green is a favourable move for that line, red an unfavourable one. Prepared on 3 November 2026 via checked.be.