Capama: 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.
Capama
Largest movements
- Cash +€105
up €105 (+30.0%), from €349 to €454
mainly Net result for the year (+€1,363) and Tax, wage and social debts (+€13)
- Profit (loss) carried forward +€1,363
up €1,363 (+3.1%), from -€44,303 to -€42,940
- Other debts -€706
down €706 (-7.8%), from €9,055 to €8,349
- Trade debts -€565
down €565 (-37.0%), from €1,526 to €961
- Depreciation -€1,200
no longer reported in 2025 (was €1,200)
- Gross operating margin +€405
up €405 (+31.1%), from €1,301 to €1,706
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 | €4,605 | €4,709 | +€105 | +2.3% |
| Current assets | 29/58 | €4,605 | €4,709 | +€105 | +2.3% |
| Amounts receivable within one year | 40/41 | €4,256 | €4,256 | = | 0.0% |
| Trade receivables | 40 | €2,420 | €2,420 | = | 0.0% |
| Other amounts receivable | 41 | €1,836 | €1,836 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €349 | €454 | +€105 | +30.0% |
| Total equity and liabilities | 10/49 | €4,605 | €4,709 | +€105 | +2.3% |
| Equity | 10/15 | -€6,282 | -€4,919 | +€1,363 | +21.7% |
| Contributions | 10/11 | €35,075 | €35,075 | = | 0.0% |
| Reserves | 13 | €2,947 | €2,947 | = | 0.0% |
| Non-distributable reserves | 130/1 | €2,947 | €2,947 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,947 | €2,947 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€44,303 | -€42,940 | +€1,363 | +3.1% |
| Amounts payable | 17/49 | €10,886 | €9,628 | -€1,258 | -11.6% |
| Amounts payable within one year | 42/48 | €10,886 | €9,628 | -€1,258 | -11.6% |
| Trade debts | 44 | €1,526 | €961 | -€565 | -37.0% |
| Suppliers | 440/4 | €1,526 | €961 | -€565 | -37.0% |
| Taxes, remuneration and social security | 45 | €305 | €318 | +€13 | +4.4% |
| Taxes | 450/3 | €305 | €318 | +€13 | +4.4% |
| Other amounts payable | 47/48 | €9,055 | €8,349 | -€706 | -7.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,200 | - | -€1,200 | |
| Gross operating margin | 9900 | €1,301 | €1,706 | +€405 | +31.1% |
| Operating profit (loss) | 9901 | €101 | €1,706 | +€1,605 | +1595.1% |
| Financial charges | 65/66B | €181 | €181 | -€0 | -0.2% |
| Recurring financial charges | 65 | €181 | €181 | -€0 | -0.2% |
| Profit (loss) for the period before taxes | 9903 | -€80 | €1,525 | +€1,605 | |
| Income taxes | 67/77 | €157 | €162 | +€5 | +3.4% |
| Profit (loss) for the period | 9904 | -€237 | €1,363 | +€1,600 | |
| Profit (loss) for the period to be appropriated | 9905 | -€237 | €1,363 | +€1,600 |
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 10 October 2026 via checked.be.