CAP SOLEIL & WASH: 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 SOLEIL & WASH
Largest movements
- Current investments -€200,000
no longer reported in 2025 (was €200,000)
- Cash +€141,589
up €141,589 (+441%), from €32,117 to €173,706
mainly Current investments (+€200,000) and Net result for the year (+€25,359)
- Receivables within one year +€60,377
up €60,377 (+1,469%), from €4,111 to €64,488
of which Trade receivables: +€50,887
- Stocks and contracts +€29,823
new in 2025: €29,823
- Tangible fixed assets +€8,608
up €8,608 (+23.5%), from €36,617 to €45,225
of which Plant, machinery and equipment: +€6,291
- Reserves +€25,359
up €25,359 (+12.6%), from €201,246 to €226,605
- Trade debts +€15,421
up €15,421 (+50,297%), from €31 to €15,452
- Other debts +€6,777
up €6,777 (+13.3%), from €50,864 to €57,641
- Gross operating margin +€6,825
up €6,825 (+15.0%), from €45,360 to €52,184
- Depreciation +€6,025
up €6,025 (+74.8%), from €8,054 to €14,079
- Financial income +€2,551
up €2,551 (+251%), from €1,017 to €3,567
- Taxes +€1,089
up €1,089 (+9.2%), from €11,829 to €12,918
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 | €275,214 | €320,834 | +€45,620 | +16.6% |
| Fixed assets | 21/28 | €36,617 | €51,163 | +€14,545 | +39.7% |
| Intangible fixed assets | 21 | - | €5,938 | +€5,938 | |
| Tangible fixed assets | 22/27 | €36,617 | €45,225 | +€8,608 | +23.5% |
| Plant, machinery and equipment | 23 | €5,420 | €11,711 | +€6,291 | +116% |
| Furniture and vehicles | 24 | €31,197 | €33,514 | +€2,317 | +7.4% |
| Current assets | 29/58 | €238,597 | €269,671 | +€31,075 | +13.0% |
| Stocks and contracts in progress | 3 | - | €29,823 | +€29,823 | |
| Stocks | 30/36 | - | €29,823 | +€29,823 | |
| Amounts receivable within one year | 40/41 | €4,111 | €64,488 | +€60,377 | +1,469% |
| Trade receivables | 40 | €635 | €51,522 | +€50,887 | +8,017% |
| Other amounts receivable | 41 | €3,476 | €12,966 | +€9,490 | +273% |
| Current investments | 50/53 | €200,000 | - | -€200,000 | |
| Cash at bank and in hand | 54/58 | €32,117 | €173,706 | +€141,589 | +441% |
| Deferred charges and accrued income | 490/1 | €2,368 | €1,654 | -€714 | -30.2% |
| Total equity and liabilities | 10/49 | €275,214 | €320,834 | +€45,620 | +16.6% |
| Equity | 10/15 | €219,846 | €245,205 | +€25,359 | +11.5% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Contributions outside capital | 11 | €18,600 | €18,600 | = | 0.0% |
| Share premium | 1100/10 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €201,246 | €226,605 | +€25,359 | +12.6% |
| Distributable reserves | 133 | €201,246 | €226,605 | +€25,359 | +12.6% |
| Amounts payable | 17/49 | €55,368 | €75,629 | +€20,261 | +36.6% |
| Amounts payable within one year | 42/48 | €53,148 | €75,629 | +€22,481 | +42.3% |
| Trade debts | 44 | €31 | €15,452 | +€15,421 | +50,297% |
| Suppliers | 440/4 | €31 | €15,452 | +€15,421 | +50,297% |
| Taxes, remuneration and social security | 45 | €2,253 | €2,536 | +€283 | +12.5% |
| Taxes | 450/3 | €2,253 | €2,536 | +€283 | +12.5% |
| Other amounts payable | 47/48 | €50,864 | €57,641 | +€6,777 | +13.3% |
| Accrued charges and deferred income | 492/3 | €2,220 | - | -€2,220 | |
| Non-recurring operating income | 76A | €500 | - | -€500 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,054 | €14,079 | +€6,025 | +74.8% |
| Other operating charges | 640/8 | €2,764 | €3,256 | +€492 | +17.8% |
| Gross operating margin | 9900 | €45,360 | €52,184 | +€6,825 | +15.0% |
| Operating profit (loss) | 9901 | €34,542 | €34,850 | +€308 | +0.9% |
| Financial income | 75/76B | €1,017 | €3,567 | +€2,551 | +251% |
| Recurring financial income | 75 | €1,017 | €3,567 | +€2,551 | +251% |
| Financial charges | 65/66B | €146 | €141 | -€5 | -3.7% |
| Recurring financial charges | 65 | €146 | €141 | -€5 | -3.7% |
| Profit (loss) for the period before taxes | 9903 | €35,413 | €38,277 | +€2,864 | +8.1% |
| Income taxes | 67/77 | €11,829 | €12,918 | +€1,089 | +9.2% |
| Profit (loss) for the period | 9904 | €23,584 | €25,359 | +€1,775 | +7.5% |
| Profit (loss) for the period to be appropriated | 9905 | €23,584 | €25,359 | +€1,775 | +7.5% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 26 October 2026 via checked.be.