CAIPIRINHA: 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.
CAIPIRINHA
Largest movements
- Tangible fixed assets +€1,237
up €1,237 (+5.2%), from €23,924 to €25,160
of which Furniture and vehicles: +€6,104
- Receivables within one year -€623
down €623 (-58.5%), from €1,065 to €441
of which Trade receivables: -€545
- Reserves +€6,000
up €6,000 (+200%), from €3,000 to €9,000
- Debts after one year -€5,072
down €5,072 (-35.9%), from €14,112 to €9,041
- Trade debts -€1,918
down €1,918 (-44.2%), from €4,343 to €2,425
- Tax, wage and social debts +€1,816
up €1,816 (+18.7%), from €9,693 to €11,508
of which Taxes: +€1,671
- Other debts -€1,663
down €1,663 (-79.1%), from €2,102 to €439
- Gross operating margin -€8,014
down €8,014 (-20.1%), from €39,837 to €31,824
- Depreciation +€4,193
up €4,193 (+84.9%), from €4,935 to €9,128
- Staff costs -€2,726
down €2,726 (-20.0%), from €13,610 to €10,884
- Financial charges -€1,398
down €1,398 (-46.9%), from €2,985 to €1,586
- Other operating charges -€807
down €807 (-54.5%), from €1,481 to €674
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 | €58,331 | €58,470 | +€139 | +0.2% |
| Fixed assets | 21/28 | €24,564 | €25,801 | +€1,237 | +5.0% |
| Tangible fixed assets | 22/27 | €23,924 | €25,160 | +€1,237 | +5.2% |
| Plant, machinery and equipment | 23 | €23,313 | €18,735 | -€4,578 | -19.6% |
| Furniture and vehicles | 24 | €321 | €6,425 | +€6,104 | +1,901% |
| Other tangible fixed assets | 26 | €289 | - | -€289 | |
| Financial fixed assets | 28 | €641 | €641 | = | 0.0% |
| Current assets | 29/58 | €33,767 | €32,670 | -€1,097 | -3.2% |
| Stocks and contracts in progress | 3 | €111 | €215 | +€104 | +93.9% |
| Stocks | 30/36 | €111 | €215 | +€104 | +93.9% |
| Amounts receivable within one year | 40/41 | €1,065 | €441 | -€623 | -58.5% |
| Trade receivables | 40 | €987 | €441 | -€545 | -55.3% |
| Other amounts receivable | 41 | €78 | - | -€78 | |
| Cash at bank and in hand | 54/58 | €31,248 | €31,242 | -€6 | 0.0% |
| Deferred charges and accrued income | 490/1 | €1,343 | €771 | -€572 | -42.6% |
| Total equity and liabilities | 10/49 | €58,331 | €58,470 | +€139 | +0.2% |
| Equity | 10/15 | €23,258 | €29,986 | +€6,728 | +28.9% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €3,000 | €9,000 | +€6,000 | +200% |
| Distributable reserves | 133 | €3,000 | €9,000 | +€6,000 | +200% |
| Profit (loss) carried forward | 14 | €258 | €986 | +€728 | +282% |
| Amounts payable | 17/49 | €35,073 | €28,484 | -€6,588 | -18.8% |
| Amounts payable after more than one year | 17 | €14,112 | €9,041 | -€5,072 | -35.9% |
| Financial debts | 170/4 | €14,112 | €9,041 | -€5,072 | -35.9% |
| Amounts payable within one year | 42/48 | €20,960 | €19,444 | -€1,517 | -7.2% |
| Current portion of amounts payable after more than one year | 42 | €4,823 | €5,072 | +€249 | +5.2% |
| Trade debts | 44 | €4,343 | €2,425 | -€1,918 | -44.2% |
| Suppliers | 440/4 | €4,343 | €2,425 | -€1,918 | -44.2% |
| Taxes, remuneration and social security | 45 | €9,693 | €11,508 | +€1,816 | +18.7% |
| Taxes | 450/3 | €7,329 | €9,000 | +€1,671 | +22.8% |
| Remuneration and social security | 454/9 | €2,364 | €2,509 | +€145 | +6.1% |
| Other amounts payable | 47/48 | €2,102 | €439 | -€1,663 | -79.1% |
| Remuneration, social security and pensions | 62 | €13,610 | €10,884 | -€2,726 | -20.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,935 | €9,128 | +€4,193 | +84.9% |
| Other operating charges | 640/8 | €1,481 | €674 | -€807 | -54.5% |
| Non-recurring operating charges | 66A | €174 | €121 | -€53 | -30.3% |
| Gross operating margin | 9900 | €39,837 | €31,824 | -€8,014 | -20.1% |
| Operating profit (loss) | 9901 | €19,637 | €11,016 | -€8,621 | -43.9% |
| Financial income | 75/76B | - | €78 | +€78 | |
| Recurring financial income | 75 | - | €78 | +€78 | |
| Financial charges | 65/66B | €2,985 | €1,586 | -€1,398 | -46.9% |
| Recurring financial charges | 65 | €2,985 | €1,586 | -€1,398 | -46.9% |
| Profit (loss) for the period before taxes | 9903 | €16,653 | €9,508 | -€7,144 | -42.9% |
| Income taxes | 67/77 | €3,200 | €2,781 | -€419 | -13.1% |
| Profit (loss) for the period | 9904 | €13,453 | €6,728 | -€6,725 | -50.0% |
| Profit (loss) for the period to be appropriated | 9905 | €13,453 | €6,728 | -€6,725 | -50.0% |
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 15 October 2026 via checked.be.