CAP INVEST: 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 INVEST
Largest movements
- Receivables within one year +€10,906
up €10,906 (+907%), from €1,203 to €12,109
of which Other amounts receivable: +€10,664
- Cash -€9,010
down €9,010 (-55.8%), from €16,138 to €7,128
mainly Receivables within one year (-€10,906) and Tax, wage and social debts (-€5,814)
- Tangible fixed assets -€1,341
down €1,341 (-18.5%), from €7,238 to €5,897
of which Plant, machinery and equipment: -€919
- Profit (loss) carried forward +€6,824
up €6,824, from -€3,970 to €2,855
- Tax, wage and social debts -€5,814
down €5,814 (-29.4%), from €19,781 to €13,967
- Other debts -€712
no longer reported in 2025 (was €712)
- Trade debts +€256
up €256 (+13.8%), from €1,856 to €2,112
- Gross operating margin +€13,181
up €13,181, from -€140 to €13,042
- Financial charges +€2,792
up €2,792 (+1,606%), from €174 to €2,966
- Depreciation -€1,275
down €1,275 (-48.7%), from €2,616 to €1,341
- Other operating charges -€802
down €802 (-61.5%), from €1,304 to €502
- Financial income +€562
new in 2025: €562
From the 31-12-2024 result to the 31-12-2025 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 31-12-2024 and 31-12-2025 balance sheets and the 31-12-2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 31-12-2024 | 31-12-2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €24,579 | €25,133 | +€554 | +2.3% |
| Fixed assets | 21/28 | €7,238 | €5,897 | -€1,341 | -18.5% |
| Tangible fixed assets | 22/27 | €7,238 | €5,897 | -€1,341 | -18.5% |
| Plant, machinery and equipment | 23 | €6,153 | €5,234 | -€919 | -14.9% |
| Furniture and vehicles | 24 | €178 | - | -€178 | |
| Other tangible fixed assets | 26 | €907 | €663 | -€244 | -26.9% |
| Current assets | 29/58 | €17,341 | €19,236 | +€1,895 | +10.9% |
| Amounts receivable within one year | 40/41 | €1,203 | €12,109 | +€10,906 | +907% |
| Trade receivables | 40 | €992 | €1,234 | +€242 | +24.4% |
| Other amounts receivable | 41 | €211 | €10,875 | +€10,664 | +5,054% |
| Cash at bank and in hand | 54/58 | €16,138 | €7,128 | -€9,010 | -55.8% |
| Total equity and liabilities | 10/49 | €24,579 | €25,133 | +€554 | +2.3% |
| Equity | 10/15 | €2,230 | €9,055 | +€6,824 | +306% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€3,970 | €2,855 | +€6,824 | |
| Amounts payable | 17/49 | €22,349 | €16,079 | -€6,270 | -28.1% |
| Amounts payable within one year | 42/48 | €22,349 | €16,079 | -€6,270 | -28.1% |
| Trade debts | 44 | €1,856 | €2,112 | +€256 | +13.8% |
| Suppliers | 440/4 | €1,856 | €2,112 | +€256 | +13.8% |
| Taxes, remuneration and social security | 45 | €19,781 | €13,967 | -€5,814 | -29.4% |
| Taxes | 450/3 | €19,781 | €13,967 | -€5,814 | -29.4% |
| Other amounts payable | 47/48 | €712 | - | -€712 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,616 | €1,341 | -€1,275 | -48.7% |
| Other operating charges | 640/8 | €1,304 | €502 | -€802 | -61.5% |
| Gross operating margin | 9900 | -€140 | €13,042 | +€13,181 | |
| Operating profit (loss) | 9901 | -€4,060 | €11,198 | +€15,259 | |
| Financial income | 75/76B | - | €562 | +€562 | |
| Recurring financial income | 75 | - | €562 | +€562 | |
| Financial charges | 65/66B | €174 | €2,966 | +€2,792 | +1,606% |
| Recurring financial charges | 65 | €174 | €2,966 | +€2,792 | +1,606% |
| Profit (loss) for the period before taxes | 9903 | -€4,234 | €8,795 | +€13,029 | |
| Income taxes | 67/77 | €2,129 | €1,970 | -€158 | -7.4% |
| Profit (loss) for the period | 9904 | -€6,363 | €6,824 | +€13,187 | |
| Profit (loss) for the period to be appropriated | 9905 | -€6,363 | €6,824 | +€13,187 |
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.