ANNE CAPELLE: 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.
ANNE CAPELLE
Largest movements
- Cash +€15,899
up €15,899 (+78.1%), from €20,362 to €36,261
mainly Net result for the year (+€10,379) and Tax, wage and social debts (+€3,906)
- Tangible fixed assets -€1,570
down €1,570 (-68.9%), from €2,280 to €710
- Receivables within one year +€761
up €761 (+238.0%), from €320 to €1,081
of which Trade receivables: +€1,081
- Reserves +€10,300
up €10,300 (+553.8%), from €1,860 to €12,160
of which Distributable reserves: +€10,300
- Tax, wage and social debts +€3,906
up €3,906 (+364.2%), from €1,073 to €4,979
of which Taxes: +€4,979
- Accrued charges and deferred income +€2,519
new in 2025: €2,519
- Trade debts -€1,096
down €1,096 (-32.6%), from €3,366 to €2,270
- Other debts -€618
down €618 (-39.1%), from €1,579 to €961
- Gross operating margin +€10,658
up €10,658 (+146.1%), from €7,297 to €17,954
- Taxes +€3,799
up €3,799 (+321.9%), from €1,180 to €4,979
- Write-downs -€820
no longer reported in 2025 (was €820)
- Depreciation -€715
down €715 (-31.3%), from €2,284 to €1,570
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 | €22,962 | €38,052 | +€15,091 | +65.7% |
| Fixed assets | 21/28 | €2,280 | €710 | -€1,570 | -68.9% |
| Tangible fixed assets | 22/27 | €2,280 | €710 | -€1,570 | -68.9% |
| Furniture and vehicles | 24 | €2,280 | €710 | -€1,570 | -68.9% |
| Current assets | 29/58 | €20,682 | €37,342 | +€16,660 | +80.6% |
| Amounts receivable within one year | 40/41 | €320 | €1,081 | +€761 | +238.0% |
| Trade receivables | 40 | - | €1,081 | +€1,081 | |
| Other amounts receivable | 41 | €320 | - | -€320 | |
| Cash at bank and in hand | 54/58 | €20,362 | €36,261 | +€15,899 | +78.1% |
| Total equity and liabilities | 10/49 | €22,962 | €38,052 | +€15,091 | +65.7% |
| Equity | 10/15 | €16,944 | €27,323 | +€10,379 | +61.3% |
| Contributions | 10/11 | €9,200 | €9,200 | = | 0.0% |
| Reserves | 13 | €1,860 | €12,160 | +€10,300 | +553.8% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | - | €10,300 | +€10,300 | |
| Profit (loss) carried forward | 14 | €5,884 | €5,963 | +€79 | +1.3% |
| Amounts payable | 17/49 | €6,018 | €10,729 | +€4,711 | +78.3% |
| Amounts payable within one year | 42/48 | €6,018 | €8,210 | +€2,192 | +36.4% |
| Trade debts | 44 | €3,366 | €2,270 | -€1,096 | -32.6% |
| Suppliers | 440/4 | €3,366 | €2,270 | -€1,096 | -32.6% |
| Taxes, remuneration and social security | 45 | €1,073 | €4,979 | +€3,906 | +364.2% |
| Taxes | 450/3 | - | €4,979 | +€4,979 | |
| Remuneration and social security | 454/9 | €1,073 | - | -€1,073 | |
| Other amounts payable | 47/48 | €1,579 | €961 | -€618 | -39.1% |
| Accrued charges and deferred income | 492/3 | - | €2,519 | +€2,519 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,284 | €1,570 | -€715 | -31.3% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €820 | - | -€820 | |
| Other operating charges | 640/8 | €778 | €795 | +€16 | +2.1% |
| Gross operating margin | 9900 | €7,297 | €17,954 | +€10,658 | +146.1% |
| Operating profit (loss) | 9901 | €3,413 | €15,590 | +€12,177 | +356.7% |
| Financial income | 75/76B | €13 | €51 | +€38 | +283.7% |
| Recurring financial income | 75 | €13 | €51 | +€38 | +283.7% |
| Financial charges | 65/66B | €145 | €283 | +€138 | +95.2% |
| Recurring financial charges | 65 | €145 | €283 | +€138 | +95.2% |
| Profit (loss) for the period before taxes | 9903 | €3,282 | €15,358 | +€12,076 | +368.0% |
| Income taxes | 67/77 | €1,180 | €4,979 | +€3,799 | +321.9% |
| Profit (loss) for the period | 9904 | €2,101 | €10,379 | +€8,278 | +393.9% |
| Profit (loss) for the period to be appropriated | 9905 | €2,101 | €10,379 | +€8,278 | +393.9% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 11 October 2026 via checked.be.