Cap Store: 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 Store
Largest movements
- Cash -€49,741
down €49,741 (-27.7%), from €179,675 to €129,933
mainly Other debts (-€44,876) and Stocks and contracts (-€14,653)
- Stocks and contracts +€14,653
up €14,653 (+30.3%), from €48,439 to €63,092
- Tangible fixed assets +€2,605
up €2,605 (+58.1%), from €4,488 to €7,093
of which Plant, machinery and equipment: +€3,420
- Other debts -€44,876
down €44,876 (-100.0%), from €44,876 to €0
- Trade debts +€10,821
up €10,821 (+79.6%), from €13,602 to €24,423
- Short-term financial debts -€9,500
down €9,500 (-11.9%), from €79,951 to €70,451
- Reserves +€8,848
up €8,848 (+9.8%), from €90,226 to €99,073
of which Distributable reserves: +€8,848
- Profit (loss) carried forward +€3,664
up €3,664, from -€3,664 to €0
- Gross operating margin +€34,554
up €34,554, from -€1,755 to €32,799
- Taxes +€8,157
up €8,157 (+4878.2%), from €167 to €8,325
- Financial charges -€1,183
down €1,183 (-14.1%), from €8,397 to €7,214
- Depreciation +€372
up €372 (+36.4%), from €1,022 to €1,395
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 | €253,528 | €219,138 | -€34,390 | -13.6% |
| Fixed assets | 21/28 | €7,380 | €9,985 | +€2,605 | +35.3% |
| Tangible fixed assets | 22/27 | €4,488 | €7,093 | +€2,605 | +58.1% |
| Plant, machinery and equipment | 23 | €959 | €4,379 | +€3,420 | +356.7% |
| Furniture and vehicles | 24 | €3,529 | €2,715 | -€814 | -23.1% |
| Financial fixed assets | 28 | €2,892 | €2,892 | = | 0.0% |
| Current assets | 29/58 | €246,148 | €209,152 | -€36,996 | -15.0% |
| Stocks and contracts in progress | 3 | €48,439 | €63,092 | +€14,653 | +30.3% |
| Stocks | 30/36 | €48,439 | €63,092 | +€14,653 | +30.3% |
| Amounts receivable within one year | 40/41 | €15,134 | €14,946 | -€187 | -1.2% |
| Trade receivables | 40 | €1,031 | €9,151 | +€8,120 | +787.3% |
| Other amounts receivable | 41 | €14,102 | €5,795 | -€8,307 | -58.9% |
| Current investments | 50/53 | €1,181 | €1,181 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €179,675 | €129,933 | -€49,741 | -27.7% |
| Deferred charges and accrued income | 490/1 | €1,720 | €0 | -€1,720 | -100.0% |
| Total equity and liabilities | 10/49 | €253,528 | €219,138 | -€34,390 | -13.6% |
| Equity | 10/15 | €106,561 | €119,073 | +€12,512 | +11.7% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €90,226 | €99,073 | +€8,848 | +9.8% |
| Non-distributable reserves | 130/1 | €2,000 | €2,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,000 | €2,000 | = | 0.0% |
| Distributable reserves | 133 | €88,226 | €97,073 | +€8,848 | +10.0% |
| Profit (loss) carried forward | 14 | -€3,664 | €0 | +€3,664 | |
| Amounts payable | 17/49 | €146,967 | €100,064 | -€46,902 | -31.9% |
| Amounts payable after more than one year | 17 | €2,046 | €616 | -€1,430 | -69.9% |
| Financial debts | 170/4 | €2,046 | €616 | -€1,430 | -69.9% |
| Amounts payable within one year | 42/48 | €144,921 | €99,449 | -€45,472 | -31.4% |
| Current portion of amounts payable after more than one year | 42 | €2,683 | €1,430 | -€1,253 | -46.7% |
| Financial debts | 43 | €79,951 | €70,451 | -€9,500 | -11.9% |
| Credit institutions | 430/8 | €79,951 | €70,451 | -€9,500 | -11.9% |
| Trade debts | 44 | €13,602 | €24,423 | +€10,821 | +79.6% |
| Suppliers | 440/4 | €13,602 | €24,423 | +€10,821 | +79.6% |
| Taxes, remuneration and social security | 45 | €3,810 | €3,145 | -€665 | -17.4% |
| Taxes | 450/3 | €2,110 | €0 | -€2,110 | -100.0% |
| Remuneration and social security | 454/9 | €1,700 | €3,145 | +€1,445 | +85.0% |
| Other amounts payable | 47/48 | €44,876 | €0 | -€44,876 | -100.0% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,022 | €1,395 | +€372 | +36.4% |
| Other operating charges | 640/8 | €3,051 | €3,355 | +€303 | +9.9% |
| Gross operating margin | 9900 | -€1,755 | €32,799 | +€34,554 | |
| Operating profit (loss) | 9901 | -€5,829 | €28,050 | +€33,879 | |
| Financial income | 75/76B | €1 | €0 | -€1 | -100.0% |
| Recurring financial income | 75 | €1 | €0 | -€1 | -100.0% |
| Financial charges | 65/66B | €8,397 | €7,214 | -€1,183 | -14.1% |
| Recurring financial charges | 65 | €8,397 | €7,214 | -€1,183 | -14.1% |
| Profit (loss) for the period before taxes | 9903 | -€14,225 | €20,837 | +€35,061 | |
| Income taxes | 67/77 | €167 | €8,325 | +€8,157 | +4878.2% |
| Profit (loss) for the period | 9904 | -€14,392 | €12,512 | +€26,904 | |
| Profit (loss) for the period to be appropriated | 9905 | -€14,392 | €12,512 | +€26,904 |
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 30 September 2026 via checked.be.