VAN CALLENBERGE: 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.
VAN CALLENBERGE
Largest movements
- Cash +€44,014
up €44,014 (+16.1%), from €273,359 to €317,373
mainly Net result for the year (+€126,733) and Depreciation (+€64,618)
- Tangible fixed assets -€44,010
down €44,010 (-9.0%), from €490,777 to €446,767
of which Plant, machinery and equipment: -€41,491
- Stocks and contracts +€26,769
up €26,769 (+17.3%), from €155,060 to €181,830
- Receivables within one year -€14,540
down €14,540 (-38.9%), from €37,400 to €22,860
of which Trade receivables: -€17,717
- Debts after one year -€78,583
down €78,583 (-32.8%), from €239,817 to €161,233
- Reserves +€43,733
up €43,733 (+11.9%), from €366,335 to €410,069
of which Distributable reserves: +€43,733
- Other debts +€42,266
up €42,266 (+79.7%), from €53,000 to €95,266
- Current portion of long-term debt +€40,000
new in 2024: €40,000
- Trade debts -€27,198
down €27,198 (-11.0%), from €248,117 to €220,918
- Gross operating margin +€51,327
up €51,327 (+27.9%), from €184,225 to €235,552
- Financial charges -€7,305
no longer reported in 2024 (was €7,305)
- Staff costs +€7,290
up €7,290 (+71.1%), from €10,260 to €17,550
- Other operating charges -€7,152
down €7,152 (-43.5%), from €16,447 to €9,295
- Taxes +€4,071
up €4,071 (+30.6%), from €13,286 to €17,356
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,048,338 | €1,060,100 | +€11,762 | +1.1% |
| Fixed assets | 21/28 | €494,521 | €450,511 | -€44,010 | -8.9% |
| Tangible fixed assets | 22/27 | €490,777 | €446,767 | -€44,010 | -9.0% |
| Land and buildings | 22 | €61,136 | €61,136 | = | 0.0% |
| Plant, machinery and equipment | 23 | €422,722 | €381,231 | -€41,491 | -9.8% |
| Furniture and vehicles | 24 | €6,919 | €4,400 | -€2,519 | -36.4% |
| Financial fixed assets | 28 | €3,744 | €3,744 | = | 0.0% |
| Current assets | 29/58 | €553,817 | €609,589 | +€55,772 | +10.1% |
| Stocks and contracts in progress | 3 | €155,060 | €181,830 | +€26,769 | +17.3% |
| Stocks | 30/36 | €155,060 | €181,830 | +€26,769 | +17.3% |
| Amounts receivable within one year | 40/41 | €37,400 | €22,860 | -€14,540 | -38.9% |
| Trade receivables | 40 | €37,400 | €19,684 | -€17,717 | -47.4% |
| Other amounts receivable | 41 | - | €3,176 | +€3,176 | |
| Cash at bank and in hand | 54/58 | €273,359 | €317,373 | +€44,014 | +16.1% |
| Deferred charges and accrued income | 490/1 | €87,996 | €87,525 | -€471 | -0.5% |
| Total equity and liabilities | 10/49 | €1,048,338 | €1,060,100 | +€11,762 | +1.1% |
| Equity | 10/15 | €461,335 | €505,069 | +€43,733 | +9.5% |
| Contributions | 10/11 | €95,000 | €95,000 | = | 0.0% |
| Reserves | 13 | €366,335 | €410,069 | +€43,733 | +11.9% |
| Non-distributable reserves | 130/1 | €9,500 | €9,500 | = | 0.0% |
| Reserves not available under the articles | 1311 | €9,500 | €9,500 | = | 0.0% |
| Distributable reserves | 133 | €356,835 | €400,569 | +€43,733 | +12.3% |
| Provisions and deferred taxes | 16 | €30,000 | €30,000 | = | 0.0% |
| Provisions for liabilities and charges | 160/5 | €30,000 | €30,000 | = | 0.0% |
| Major repairs and maintenance | 162 | €30,000 | €30,000 | = | 0.0% |
| Amounts payable | 17/49 | €557,002 | €525,031 | -€31,971 | -5.7% |
| Amounts payable after more than one year | 17 | €239,817 | €161,233 | -€78,583 | -32.8% |
| Financial debts | 170/4 | €239,817 | €161,233 | -€78,583 | -32.8% |
| Amounts payable within one year | 42/48 | €317,186 | €363,798 | +€46,612 | +14.7% |
| Current portion of amounts payable after more than one year | 42 | - | €40,000 | +€40,000 | |
| Trade debts | 44 | €248,117 | €220,918 | -€27,198 | -11.0% |
| Suppliers | 440/4 | €248,117 | €220,918 | -€27,198 | -11.0% |
| Taxes, remuneration and social security | 45 | €16,069 | €7,613 | -€8,456 | -52.6% |
| Taxes | 450/3 | €14,664 | €6,450 | -€8,214 | -56.0% |
| Remuneration and social security | 454/9 | €1,405 | €1,163 | -€242 | -17.2% |
| Other amounts payable | 47/48 | €53,000 | €95,266 | +€42,266 | +79.7% |
| Non-recurring operating income | 76A | €7,174 | €5,887 | -€1,287 | -17.9% |
| Remuneration, social security and pensions | 62 | €10,260 | €17,550 | +€7,290 | +71.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €63,257 | €64,618 | +€1,360 | +2.2% |
| Other operating charges | 640/8 | €16,447 | €9,295 | -€7,152 | -43.5% |
| Gross operating margin | 9900 | €184,225 | €235,552 | +€51,327 | +27.9% |
| Operating profit (loss) | 9901 | €94,261 | €144,089 | +€49,829 | +52.9% |
| Financial charges | 65/66B | €7,305 | - | -€7,305 | |
| Recurring financial charges | 65 | €7,305 | - | -€7,305 | |
| Profit (loss) for the period before taxes | 9903 | €86,956 | €144,089 | +€57,134 | +65.7% |
| Income taxes | 67/77 | €13,286 | €17,356 | +€4,071 | +30.6% |
| Profit (loss) for the period | 9904 | €73,670 | €126,733 | +€53,063 | +72.0% |
| Profit (loss) for the period to be appropriated | 9905 | €73,670 | €126,733 | +€53,063 | +72.0% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 19 October 2026 via checked.be.