CAP SUD-EST: 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 SUD-EST
Largest movements
- Tangible fixed assets +€1.6m
up €1.6m (+36.8%), from €4.3m to €5.9m
of which Land and buildings: +€1.7m
- Receivables within one year -€568,294
down €568,294 (-82.9%), from €685,695 to €117,401
of which Trade receivables: -€415,123
- Other debts +€1.6m
up €1.6m (+37.6%), from €4.3m to €6.0m
- Trade debts -€363,292
down €363,292 (-92.4%), from €393,248 to €29,956
- Profit (loss) carried forward -€201,453
down €201,453 (-90.3%), from €223,092 to €21,639
- Depreciation +€152,456
up €152,456 (+78.8%), from €193,395 to €345,851
- Services and other goods +€101,044
up €101,044 (+126%), from €79,909 to €180,954
- Taxes -€70,925
down €70,925 (-54.2%), from €130,925 to €60,000
- Staff costs +€41,681
new in 2025: €41,681
- Turnover -€30,500
down €30,500 (-6.3%), from €484,520 to €454,020
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 | €5,147,639 | €6,157,871 | +€1.0m | +19.6% |
| Fixed assets | 21/28 | €4,334,294 | €5,917,733 | +€1.6m | +36.5% |
| Intangible fixed assets | 21 | €14,719 | €8,669 | -€6,050 | -41.1% |
| Tangible fixed assets | 22/27 | €4,317,760 | €5,907,249 | +€1.6m | +36.8% |
| Land and buildings | 22 | €3,968,230 | €5,637,349 | +€1.7m | +42.1% |
| Plant, machinery and equipment | 23 | €83,376 | €62,952 | -€20,424 | -24.5% |
| Furniture and vehicles | 24 | €57,055 | €41,968 | -€15,087 | -26.4% |
| Other tangible fixed assets | 26 | €209,099 | €164,980 | -€44,120 | -21.1% |
| Financial fixed assets | 28 | €1,815 | €1,815 | = | 0.0% |
| Affiliated companies | 280/1 | €1,815 | €1,815 | = | 0.0% |
| Participating interests | 280 | €1,815 | €1,815 | = | 0.0% |
| Current assets | 29/58 | €813,345 | €240,138 | -€573,207 | -70.5% |
| Stocks and contracts in progress | 3 | €0 | €0 | = | |
| Amounts receivable within one year | 40/41 | €685,695 | €117,401 | -€568,294 | -82.9% |
| Trade receivables | 40 | €445,774 | €30,651 | -€415,123 | -93.1% |
| Other amounts receivable | 41 | €239,921 | €86,750 | -€153,171 | -63.8% |
| Cash at bank and in hand | 54/58 | €104,017 | €107,550 | +€3,534 | +3.4% |
| Deferred charges and accrued income | 490/1 | €23,633 | €15,186 | -€8,447 | -35.7% |
| Total equity and liabilities | 10/49 | €5,147,639 | €6,157,871 | +€1.0m | +19.6% |
| Equity | 10/15 | €345,742 | €144,289 | -€201,453 | -58.3% |
| Contributions | 10/11 | €122,650 | €122,650 | = | 0.0% |
| Profit (loss) carried forward | 14 | €223,092 | €21,639 | -€201,453 | -90.3% |
| Amounts payable | 17/49 | €4,801,898 | €6,013,582 | +€1.2m | +25.2% |
| Amounts payable within one year | 42/48 | €4,801,314 | €6,013,582 | +€1.2m | +25.2% |
| Trade debts | 44 | €393,248 | €29,956 | -€363,292 | -92.4% |
| Suppliers | 440/4 | €393,248 | €29,956 | -€363,292 | -92.4% |
| Taxes, remuneration and social security | 45 | €65,220 | €7,316 | -€57,903 | -88.8% |
| Taxes | 450/3 | €65,220 | €0 | -€65,220 | -100% |
| Remuneration and social security | 454/9 | €0 | €7,316 | +€7,316 | |
| Other amounts payable | 47/48 | €4,342,846 | €5,976,310 | +€1.6m | +37.6% |
| Accrued charges and deferred income | 492/3 | €584 | €0 | -€584 | -100% |
| Operating income | 70/76A | €484,520 | €472,623 | -€11,897 | -2.5% |
| Turnover | 70 | €484,520 | €454,020 | -€30,500 | -6.3% |
| Other operating income | 74 | - | €18,603 | +€18,603 | |
| Operating charges | 60/66A | €287,694 | €613,117 | +€325,423 | +113% |
| Services and other goods | 61 | €79,909 | €180,954 | +€101,044 | +126% |
| Remuneration, social security and pensions | 62 | - | €41,681 | +€41,681 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €193,395 | €345,851 | +€152,456 | +78.8% |
| Other operating charges | 640/8 | €14,389 | €44,631 | +€30,242 | +210% |
| Operating profit (loss) | 9901 | €196,826 | -€140,494 | -€337,320 | |
| Financial income | 75/76B | €0 | €0 | -€0 | -100% |
| Recurring financial income | 75 | €0 | €0 | -€0 | -100% |
| Other financial income | 752/9 | €0 | €0 | -€0 | -100% |
| Financial charges | 65/66B | €469 | €959 | +€490 | +105% |
| Recurring financial charges | 65 | €469 | €959 | +€490 | +105% |
| Other financial charges | 652/9 | €469 | €959 | +€490 | +105% |
| Profit (loss) for the period before taxes | 9903 | €196,357 | -€141,453 | -€337,810 | |
| Income taxes | 67/77 | €130,925 | €60,000 | -€70,925 | -54.2% |
| Taxes | 670/3 | €130,925 | €60,000 | -€70,925 | -54.2% |
| Profit (loss) for the period | 9904 | €65,432 | -€201,453 | -€266,885 | |
| Profit (loss) for the period to be appropriated | 9905 | €65,432 | -€201,453 | -€266,885 |
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 15 October 2026 via checked.be.