VAN CALOEN: 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 CALOEN
Largest movements
- Tangible fixed assets -€26,211
down €26,211 (-14.4%), from €181,840 to €155,629
of which Furniture and vehicles: -€24,796
- Profit (loss) carried forward -€29,729
down €29,729 (-38.8%), from -€76,634 to -€106,363
- Other debts +€6,926
up €6,926 (+7.1%), from €97,380 to €104,305
- Gross operating margin -€11,342
down €11,342 (-58.9%), from €19,249 to €7,907
- Depreciation +€7,547
up €7,547 (+40.4%), from €18,664 to €26,211
- Taxes -€3,595
down €3,595, from €3,584 to -€10
- Financial charges -€208
down €208 (-18.2%), from €1,144 to €936
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 | €202,392 | €177,507 | -€24,885 | -12.3% |
| Fixed assets | 21/28 | €181,866 | €155,655 | -€26,211 | -14.4% |
| Tangible fixed assets | 22/27 | €181,840 | €155,629 | -€26,211 | -14.4% |
| Land and buildings | 22 | €68,368 | €68,301 | -€67 | -0.1% |
| Plant, machinery and equipment | 23 | €13,406 | €12,058 | -€1,348 | -10.1% |
| Furniture and vehicles | 24 | €100,066 | €75,270 | -€24,796 | -24.8% |
| Financial fixed assets | 28 | €26 | €26 | = | 0.0% |
| Current assets | 29/58 | €20,526 | €21,851 | +€1,326 | +6.5% |
| Amounts receivable within one year | 40/41 | €18,538 | €19,109 | +€571 | +3.1% |
| Trade receivables | 40 | €13,357 | €17,583 | +€4,226 | +31.6% |
| Other amounts receivable | 41 | €5,181 | €1,526 | -€3,655 | -70.5% |
| Cash at bank and in hand | 54/58 | €629 | €1,427 | +€798 | +127% |
| Deferred charges and accrued income | 490/1 | €1,358 | €1,315 | -€43 | -3.2% |
| Total equity and liabilities | 10/49 | €202,392 | €177,507 | -€24,885 | -12.3% |
| Equity | 10/15 | €100,041 | €70,312 | -€29,729 | -29.7% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €158,074 | €158,074 | = | 0.0% |
| Tax-exempt reserves | 132 | €44,632 | €44,632 | = | 0.0% |
| Distributable reserves | 133 | €113,442 | €113,442 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€76,634 | -€106,363 | -€29,729 | -38.8% |
| Amounts payable | 17/49 | €102,351 | €107,195 | +€4,844 | +4.7% |
| Amounts payable within one year | 42/48 | €102,351 | €107,195 | +€4,844 | +4.7% |
| Trade debts | 44 | €3,179 | €2,890 | -€289 | -9.1% |
| Suppliers | 440/4 | €3,179 | €2,890 | -€289 | -9.1% |
| Taxes, remuneration and social security | 45 | €1,792 | €0 | -€1,792 | -100% |
| Taxes | 450/3 | €1,792 | €0 | -€1,792 | -100% |
| Other amounts payable | 47/48 | €97,380 | €104,305 | +€6,926 | +7.1% |
| Non-recurring operating income | 76A | €7,244 | €0 | -€7,244 | -100% |
| Remuneration, social security and pensions | 62 | €93 | €0 | -€93 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €18,664 | €26,211 | +€7,547 | +40.4% |
| Other operating charges | 640/8 | €4,503 | €4,573 | +€71 | +1.6% |
| Non-recurring operating charges | 66A | €4,072 | €5,926 | +€1,854 | +45.5% |
| Gross operating margin | 9900 | €19,249 | €7,907 | -€11,342 | -58.9% |
| Operating profit (loss) | 9901 | -€8,083 | -€28,803 | -€20,720 | -256% |
| Financial income | 75/76B | €0 | €0 | -€0 | -100% |
| Recurring financial income | 75 | €0 | €0 | -€0 | -100% |
| Financial charges | 65/66B | €1,144 | €936 | -€208 | -18.2% |
| Recurring financial charges | 65 | €1,144 | €936 | -€208 | -18.2% |
| Profit (loss) for the period before taxes | 9903 | -€9,227 | -€29,740 | -€20,512 | -222% |
| Income taxes | 67/77 | €3,584 | -€10 | -€3,595 | |
| Profit (loss) for the period | 9904 | -€12,812 | -€29,729 | -€16,918 | -132% |
| Profit (loss) for the period to be appropriated | 9905 | -€12,812 | -€29,729 | -€16,918 | -132% |
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 22 October 2026 via checked.be.