CAP NATURE: 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 NATURE
Largest movements
- Cash +€5,802
up €5,802 (+57.5%), from €10,091 to €15,893
mainly Depreciation (+€21,817) and Other debts (+€20,002)
- Tangible fixed assets +€3,785
up €3,785 (+6.8%), from €55,422 to €59,207
of which Other tangible fixed assets: +€4,747
- Receivables within one year -€3,029
down €3,029 (-40.0%), from €7,580 to €4,551
of which Other amounts receivable: -€2,088
- Other debts +€20,002
new in 2025: €20,002
- Reserves -€15,000
down €15,000 (-32.4%), from €46,360 to €31,360
of which Distributable reserves: -€15,000
- Trade debts +€2,768
up €2,768 (+111.5%), from €2,483 to €5,251
- Depreciation +€8,715
up €8,715 (+66.5%), from €13,102 to €21,817
- Gross operating margin +€1,255
up €1,255 (+5.8%), from €21,602 to €22,857
- Financial income -€1,219
down €1,219 (-99.1%), from €1,231 to €12
- Taxes -€750
no longer reported in 2025 (was €750)
- Financial charges +€277
up €277 (+41.5%), from €668 to €946
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 | €74,208 | €80,597 | +€6,389 | +8.6% |
| Fixed assets | 21/28 | €55,726 | €59,331 | +€3,605 | +6.5% |
| Tangible fixed assets | 22/27 | €55,422 | €59,207 | +€3,785 | +6.8% |
| Plant, machinery and equipment | 23 | €1,067 | €641 | -€427 | -40.0% |
| Furniture and vehicles | 24 | €1,339 | €804 | -€534 | -39.9% |
| Other tangible fixed assets | 26 | €53,015 | €57,762 | +€4,747 | +9.0% |
| Financial fixed assets | 28 | €304 | €124 | -€180 | -59.2% |
| Current assets | 29/58 | €18,483 | €21,267 | +€2,784 | +15.1% |
| Amounts receivable within one year | 40/41 | €7,580 | €4,551 | -€3,029 | -40.0% |
| Trade receivables | 40 | €5,491 | €4,550 | -€941 | -17.1% |
| Other amounts receivable | 41 | €2,089 | €1 | -€2,088 | -99.9% |
| Cash at bank and in hand | 54/58 | €10,091 | €15,893 | +€5,802 | +57.5% |
| Deferred charges and accrued income | 490/1 | €812 | €822 | +€10 | +1.3% |
| Total equity and liabilities | 10/49 | €74,208 | €80,597 | +€6,389 | +8.6% |
| Equity | 10/15 | €68,884 | €53,235 | -€15,649 | -22.7% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €46,360 | €31,360 | -€15,000 | -32.4% |
| 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 | €44,500 | €29,500 | -€15,000 | -33.7% |
| Profit (loss) carried forward | 14 | €3,924 | €3,275 | -€649 | -16.5% |
| Amounts payable | 17/49 | €5,325 | €27,362 | +€22,038 | +413.9% |
| Amounts payable within one year | 42/48 | €5,306 | €27,354 | +€22,049 | +415.6% |
| Trade debts | 44 | €2,483 | €5,251 | +€2,768 | +111.5% |
| Suppliers | 440/4 | €2,483 | €5,251 | +€2,768 | +111.5% |
| Taxes, remuneration and social security | 45 | €2,823 | €2,101 | -€721 | -25.6% |
| Taxes | 450/3 | €2,823 | €2,101 | -€721 | -25.6% |
| Other amounts payable | 47/48 | - | €20,002 | +€20,002 | |
| Accrued charges and deferred income | 492/3 | €19 | €8 | -€11 | -56.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,102 | €21,817 | +€8,715 | +66.5% |
| Other operating charges | 640/8 | €530 | €755 | +€224 | +42.4% |
| Gross operating margin | 9900 | €21,602 | €22,857 | +€1,255 | +5.8% |
| Operating profit (loss) | 9901 | €7,969 | €285 | -€7,684 | -96.4% |
| Financial income | 75/76B | €1,231 | €12 | -€1,219 | -99.1% |
| Recurring financial income | 75 | €1,231 | €12 | -€1,219 | -99.1% |
| Financial charges | 65/66B | €668 | €946 | +€277 | +41.5% |
| Recurring financial charges | 65 | €668 | €946 | +€277 | +41.5% |
| Profit (loss) for the period before taxes | 9903 | €8,532 | -€649 | -€9,181 | |
| Income taxes | 67/77 | €750 | - | -€750 | |
| Profit (loss) for the period | 9904 | €7,782 | -€649 | -€8,431 | |
| Profit (loss) for the period to be appropriated | 9905 | €7,782 | -€649 | -€8,431 |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.