CAP VET IMMO: 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 VET IMMO
Largest movements
- Tangible fixed assets -€20,904
down €20,904 (-5.0%), from €417,350 to €396,446
- Cash +€10,554
up €10,554 (+36.4%), from €29,022 to €39,577
mainly Depreciation (+€27,158) and Net result for the year (+€11,578)
- Debts after one year -€27,488
down €27,488 (-7.6%), from €360,165 to €332,677
- Profit (loss) carried forward +€11,578
up €11,578 (+232%), from €4,993 to €16,571
- Taxes -€4,138
no longer reported in 2025 (was €4,138)
- Financial charges +€3,895
new in 2025: €3,895
- Gross operating margin -€645
down €645 (-1.4%), from €46,301 to €45,656
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 | €458,079 | €442,295 | -€15,784 | -3.4% |
| Formation expenses | 20 | €3,485 | €1,059 | -€2,427 | -69.6% |
| Fixed assets | 21/28 | €425,571 | €400,839 | -€24,732 | -5.8% |
| Intangible fixed assets | 21 | €8,221 | €4,393 | -€3,828 | -46.6% |
| Tangible fixed assets | 22/27 | €417,350 | €396,446 | -€20,904 | -5.0% |
| Land and buildings | 22 | €417,350 | €396,446 | -€20,904 | -5.0% |
| Current assets | 29/58 | €29,022 | €40,397 | +€11,375 | +39.2% |
| Amounts receivable within one year | 40/41 | - | €820 | +€820 | |
| Trade receivables | 40 | - | €820 | +€820 | |
| Cash at bank and in hand | 54/58 | €29,022 | €39,577 | +€10,554 | +36.4% |
| Total equity and liabilities | 10/49 | €458,079 | €442,295 | -€15,784 | -3.4% |
| Equity | 10/15 | €40,993 | €52,571 | +€11,578 | +28.2% |
| Contributions | 10/11 | €36,000 | €36,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €4,993 | €16,571 | +€11,578 | +232% |
| Amounts payable | 17/49 | €417,085 | €389,724 | -€27,361 | -6.6% |
| Amounts payable after more than one year | 17 | €360,165 | €332,677 | -€27,488 | -7.6% |
| Financial debts | 170/4 | €360,165 | €332,677 | -€27,488 | -7.6% |
| Amounts payable within one year | 42/48 | €56,920 | €57,047 | +€127 | +0.2% |
| Current portion of amounts payable after more than one year | 42 | €27,233 | €27,488 | +€255 | +0.9% |
| Trade debts | 44 | €569 | €588 | +€18 | +3.2% |
| Suppliers | 440/4 | €569 | €588 | +€18 | +3.2% |
| Taxes, remuneration and social security | 45 | €2,426 | €2,279 | -€147 | -6.1% |
| Taxes | 450/3 | €2,426 | €2,279 | -€147 | -6.1% |
| Other amounts payable | 47/48 | €26,693 | €26,693 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €27,196 | €27,158 | -€38 | -0.1% |
| Other operating charges | 640/8 | €2,908 | €3,025 | +€117 | +4.0% |
| Gross operating margin | 9900 | €46,301 | €45,656 | -€645 | -1.4% |
| Operating profit (loss) | 9901 | €16,197 | €15,473 | -€724 | -4.5% |
| Financial charges | 65/66B | - | €3,895 | +€3,895 | |
| Recurring financial charges | 65 | - | €3,895 | +€3,895 | |
| Profit (loss) for the period before taxes | 9903 | €16,197 | €11,578 | -€4,619 | -28.5% |
| Income taxes | 67/77 | €4,138 | - | -€4,138 | |
| Profit (loss) for the period | 9904 | €12,059 | €11,578 | -€481 | -4.0% |
| Profit (loss) for the period to be appropriated | 9905 | €12,059 | €11,578 | -€481 | -4.0% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 26 October 2026 via checked.be.