CAP BEAUTY FORM: 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.
CAP BEAUTY FORM
Largest movements
- Tangible fixed assets -€142,252
down €142,252 (-41.5%), from €342,860 to €200,607
of which Land and buildings: -€114,907
- Current investments +€71,700
up €71,700 (+52.5%), from €136,623 to €208,323
- Cash -€35,477
down €35,477 (-39.5%), from €89,871 to €54,394
mainly Debts after one year (-€111,262) and Current investments (-€71,700)
- Deferred charges and accrued income +€6,434
up €6,434 (+586%), from €1,097 to €7,531
- Debts after one year -€111,262
down €111,262 (-86.3%), from €128,857 to €17,595
- Reserves +€54,396
up €54,396 (+42.9%), from €126,674 to €181,070
of which Distributable reserves: +€54,396
- Other debts -€35,639
down €35,639 (-13.8%), from €257,879 to €222,240
- Current portion of long-term debt -€25,455
down €25,455 (-59.6%), from €42,685 to €17,230
- Tax, wage and social debts +€12,857
up €12,857 (+1,975%), from €651 to €13,508
- Financial income +€16,257
up €16,257 (+2,871%), from €566 to €16,823
- Taxes +€12,721
up €12,721 (+91.9%), from €13,836 to €26,558
- Gross operating margin +€12,002
up €12,002 (+11.6%), from €103,720 to €115,722
- Financial charges +€1,318
up €1,318 (+21.5%), from €6,129 to €7,447
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 | €572,684 | €471,208 | -€101,476 | -17.7% |
| Fixed assets | 21/28 | €342,985 | €200,732 | -€142,252 | -41.5% |
| Tangible fixed assets | 22/27 | €342,860 | €200,607 | -€142,252 | -41.5% |
| Land and buildings | 22 | €216,057 | €101,150 | -€114,907 | -53.2% |
| Plant, machinery and equipment | 23 | €123,171 | €96,577 | -€26,594 | -21.6% |
| Furniture and vehicles | 24 | €3,632 | €2,880 | -€751 | -20.7% |
| Financial fixed assets | 28 | €125 | €125 | = | 0.0% |
| Current assets | 29/58 | €229,700 | €270,476 | +€40,776 | +17.8% |
| Amounts receivable within one year | 40/41 | €2,108 | €227 | -€1,881 | -89.2% |
| Other amounts receivable | 41 | €2,108 | €227 | -€1,881 | -89.2% |
| Current investments | 50/53 | €136,623 | €208,323 | +€71,700 | +52.5% |
| Cash at bank and in hand | 54/58 | €89,871 | €54,394 | -€35,477 | -39.5% |
| Deferred charges and accrued income | 490/1 | €1,097 | €7,531 | +€6,434 | +586% |
| Total equity and liabilities | 10/49 | €572,684 | €471,208 | -€101,476 | -17.7% |
| Equity | 10/15 | €139,672 | €194,068 | +€54,396 | +38.9% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €126,674 | €181,070 | +€54,396 | +42.9% |
| Tax-exempt reserves | 132 | €1,537 | €1,537 | = | 0.0% |
| Distributable reserves | 133 | €125,137 | €179,533 | +€54,396 | +43.5% |
| Profit (loss) carried forward | 14 | €599 | €599 | = | 0.0% |
| Amounts payable | 17/49 | €433,012 | €277,139 | -€155,873 | -36.0% |
| Amounts payable after more than one year | 17 | €128,857 | €17,595 | -€111,262 | -86.3% |
| Financial debts | 170/4 | €128,857 | €17,595 | -€111,262 | -86.3% |
| Amounts payable within one year | 42/48 | €303,853 | €259,447 | -€44,406 | -14.6% |
| Current portion of amounts payable after more than one year | 42 | €42,685 | €17,230 | -€25,455 | -59.6% |
| Trade debts | 44 | €2,638 | €6,468 | +€3,830 | +145% |
| Suppliers | 440/4 | €2,638 | €6,468 | +€3,830 | +145% |
| Taxes, remuneration and social security | 45 | €651 | €13,508 | +€12,857 | +1,975% |
| Taxes | 450/3 | €651 | €13,508 | +€12,857 | +1,975% |
| Other amounts payable | 47/48 | €257,879 | €222,240 | -€35,639 | -13.8% |
| Accrued charges and deferred income | 492/3 | €302 | €98 | -€205 | -67.7% |
| Non-recurring operating income | 76A | - | €16,093 | +€16,093 | |
| Remuneration, social security and pensions | 62 | - | €278 | +€278 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €42,811 | €42,632 | -€178 | -0.4% |
| Other operating charges | 640/8 | €1,336 | €1,234 | -€101 | -7.6% |
| Gross operating margin | 9900 | €103,720 | €115,722 | +€12,002 | +11.6% |
| Operating profit (loss) | 9901 | €59,574 | €71,577 | +€12,004 | +20.1% |
| Financial income | 75/76B | €566 | €16,823 | +€16,257 | +2,871% |
| Recurring financial income | 75 | €566 | €16,823 | +€16,257 | +2,871% |
| Financial charges | 65/66B | €6,129 | €7,447 | +€1,318 | +21.5% |
| Recurring financial charges | 65 | €6,129 | €7,447 | +€1,318 | +21.5% |
| Profit (loss) for the period before taxes | 9903 | €54,012 | €80,954 | +€26,942 | +49.9% |
| Income taxes | 67/77 | €13,836 | €26,558 | +€12,721 | +91.9% |
| Profit (loss) for the period | 9904 | €40,175 | €54,396 | +€14,221 | +35.4% |
| Profit (loss) for the period to be appropriated | 9905 | €40,175 | €54,396 | +€14,221 | +35.4% |
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 30 October 2026 via checked.be.