CAPANESTH: 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.
CAPANESTH
Largest movements
- Cash +€69,434
up €69,434 (+47.3%), from €146,915 to €216,349
mainly Net result for the year (+€72,789) and Receivables within one year (+€31,606)
- Tangible fixed assets +€52,286
up €52,286 (+46.0%), from €113,766 to €166,051
of which Other tangible fixed assets: +€44,063
- Receivables within one year -€31,606
down €31,606 (-62.8%), from €50,348 to €18,742
of which Other amounts receivable: -€39,700
- Deferred charges and accrued income -€19,414
down €19,414 (-22.3%), from €86,997 to €67,583
- Intangible fixed assets -€8,000
down €8,000 (-2.6%), from €313,333 to €305,333
- Reserves +€38,840
up €38,840 (+23.9%), from €162,665 to €201,505
- Profit (loss) carried forward +€33,949
no longer reported in 2024 (was -€33,949)
- Gross operating margin +€80,329
up €80,329 (+212%), from €37,968 to €118,297
- Depreciation -€42,091
down €42,091 (-72.4%), from €58,142 to €16,051
- Taxes +€8,910
up €8,910 (+1,010%), from €882 to €9,791
- Financial charges +€6,221
up €6,221 (+51.5%), from €12,078 to €18,299
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €711,358 | €774,058 | +€62,700 | +8.8% |
| Fixed assets | 21/28 | €427,099 | €471,385 | +€44,286 | +10.4% |
| Intangible fixed assets | 21 | €313,333 | €305,333 | -€8,000 | -2.6% |
| Tangible fixed assets | 22/27 | €113,766 | €166,051 | +€52,286 | +46.0% |
| Furniture and vehicles | 24 | €2,543 | €10,765 | +€8,223 | +323% |
| Other tangible fixed assets | 26 | €111,223 | €155,286 | +€44,063 | +39.6% |
| Current assets | 29/58 | €284,259 | €302,674 | +€18,414 | +6.5% |
| Amounts receivable within one year | 40/41 | €50,348 | €18,742 | -€31,606 | -62.8% |
| Trade receivables | 40 | €1,000 | €9,095 | +€8,095 | +809% |
| Other amounts receivable | 41 | €49,348 | €9,648 | -€39,700 | -80.4% |
| Cash at bank and in hand | 54/58 | €146,915 | €216,349 | +€69,434 | +47.3% |
| Deferred charges and accrued income | 490/1 | €86,997 | €67,583 | -€19,414 | -22.3% |
| Total equity and liabilities | 10/49 | €711,358 | €774,058 | +€62,700 | +8.8% |
| Equity | 10/15 | €141,116 | €213,905 | +€72,789 | +51.6% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €162,665 | €201,505 | +€38,840 | +23.9% |
| Distributable reserves | 133 | €162,665 | €201,505 | +€38,840 | +23.9% |
| Profit (loss) carried forward | 14 | -€33,949 | - | +€33,949 | |
| Amounts payable | 17/49 | €570,242 | €560,153 | -€10,089 | -1.8% |
| Amounts payable after more than one year | 17 | €506,908 | €501,458 | -€5,451 | -1.1% |
| Financial debts | 170/4 | €456,860 | €451,409 | -€5,451 | -1.2% |
| Other amounts payable | 178/9 | €50,048 | €50,048 | = | 0.0% |
| Amounts payable within one year | 42/48 | €63,334 | €58,696 | -€4,638 | -7.3% |
| Current portion of amounts payable after more than one year | 42 | €20,387 | €16,152 | -€4,235 | -20.8% |
| Financial debts | 43 | €100 | €2,191 | +€2,090 | +2,080% |
| Credit institutions | 430/8 | €100 | €2,191 | +€2,090 | +2,080% |
| Trade debts | 44 | €11,438 | €14,600 | +€3,161 | +27.6% |
| Suppliers | 440/4 | €11,438 | €14,600 | +€3,161 | +27.6% |
| Taxes, remuneration and social security | 45 | €12,438 | €9,750 | -€2,688 | -21.6% |
| Taxes | 450/3 | €12,438 | €9,750 | -€2,688 | -21.6% |
| Other amounts payable | 47/48 | €18,970 | €16,003 | -€2,967 | -15.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €58,142 | €16,051 | -€42,091 | -72.4% |
| Other operating charges | 640/8 | €819 | €1,378 | +€559 | +68.3% |
| Gross operating margin | 9900 | €37,968 | €118,297 | +€80,329 | +212% |
| Operating profit (loss) | 9901 | -€20,992 | €100,869 | +€121,861 | |
| Financial income | 75/76B | - | €10 | +€10 | |
| Recurring financial income | 75 | - | €10 | +€10 | |
| Financial charges | 65/66B | €12,078 | €18,299 | +€6,221 | +51.5% |
| Recurring financial charges | 65 | €12,078 | €18,299 | +€6,221 | +51.5% |
| Profit (loss) for the period before taxes | 9903 | -€33,070 | €82,580 | +€115,650 | |
| Income taxes | 67/77 | €882 | €9,791 | +€8,910 | +1,010% |
| Profit (loss) for the period | 9904 | -€33,952 | €72,789 | +€106,740 | |
| Profit (loss) for the period to be appropriated | 9905 | -€33,952 | €72,789 | +€106,740 |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 26 October 2026 via checked.be.