CAP e-HR: what changed
Two fiscal 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 e-HR
Largest movements
- Cash -€1,387
down €1,387 (-99.7%), from €1,391 to €4
mainly Net result for the year (-€10,456) and Investment in fixed assets (net) (-€1,875)
- Tangible fixed assets +€1,262
new in 2025: €1,262
- Receivables within one year -€1,060
down €1,060 (-1.5%), from €71,642 to €70,582
of which Other amounts receivable: -€2,919
- Profit (loss) carried forward -€10,456
down €10,456 (-22.8%), from €45,919 to €35,464
- Tax, wage and social debts +€6,642
up €6,642 (+28.1%), from €23,614 to €30,256
- Trade debts +€2,628
new in 2025: €2,628
- Gross operating margin -€66,977
down €66,977, from €57,129 to -€9,848
- Taxes -€11,126
no longer reported in 2025 (was €11,126)
- Depreciation +€613
new in 2025: €613
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 | €73,033 | €71,848 | -€1,186 | -1.6% |
| Fixed assets | 21/28 | - | €1,262 | +€1,262 | |
| Tangible fixed assets | 22/27 | - | €1,262 | +€1,262 | |
| Furniture and vehicles | 24 | - | €1,262 | +€1,262 | |
| Current assets | 29/58 | €73,033 | €70,586 | -€2,448 | -3.4% |
| Amounts receivable within one year | 40/41 | €71,642 | €70,582 | -€1,060 | -1.5% |
| Trade receivables | 40 | €1,040 | €2,899 | +€1,859 | +178.7% |
| Other amounts receivable | 41 | €70,602 | €67,683 | -€2,919 | -4.1% |
| Cash at bank and in hand | 54/58 | €1,391 | €4 | -€1,387 | -99.7% |
| Total equity and liabilities | 10/49 | €73,033 | €71,848 | -€1,186 | -1.6% |
| Equity | 10/15 | €49,419 | €38,964 | -€10,456 | -21.2% |
| Contributions | 10/11 | €3,500 | €3,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €45,919 | €35,464 | -€10,456 | -22.8% |
| Amounts payable | 17/49 | €23,614 | €32,884 | +€9,270 | +39.3% |
| Amounts payable within one year | 42/48 | €23,614 | €32,884 | +€9,270 | +39.3% |
| Trade debts | 44 | - | €2,628 | +€2,628 | |
| Suppliers | 440/4 | - | €2,628 | +€2,628 | |
| Taxes, remuneration and social security | 45 | €23,614 | €30,256 | +€6,642 | +28.1% |
| Taxes | 450/3 | €23,614 | €30,256 | +€6,642 | +28.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €613 | +€613 | |
| Gross operating margin | 9900 | €57,129 | -€9,848 | -€66,977 | |
| Operating profit (loss) | 9901 | €57,129 | -€10,461 | -€67,590 | |
| Financial income | 75/76B | - | €6 | +€6 | |
| Recurring financial income | 75 | - | €6 | +€6 | |
| Financial charges | 65/66B | €84 | €0 | -€83 | -99.5% |
| Recurring financial charges | 65 | €84 | €0 | -€83 | -99.5% |
| Profit (loss) for the period before taxes | 9903 | €57,045 | -€10,456 | -€67,500 | |
| Income taxes | 67/77 | €11,126 | - | -€11,126 | |
| Profit (loss) for the period | 9904 | €45,919 | -€10,456 | -€56,375 | |
| Profit (loss) for the period to be appropriated | 9905 | €45,919 | -€10,456 | -€56,375 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 2 October 2026 via checked.be.