CAPARO Management: what changed
CAPARO Management
Largest movements
- Financial fixed assets +€276,600
new in 2025: €276,600
- Cash +€35,247
up €35,247 (+2,377%), from €1,483 to €36,730
mainly Debts after one year (+€276,600) and Net result for the year (+€31,331)
- Receivables within one year +€17,680
new in 2025: €17,680
- Tangible fixed assets +€14,752
new in 2025: €14,752
of which Land and buildings: +€12,260
- Deferred charges and accrued income -€6,526
down €6,526 (-100%), from €6,526 to €0
- Debts after one year +€276,600
new in 2025: €276,600
- Reserves +€31,331
up €31,331 (+2,446%), from €1,281 to €32,611
- Tax, wage and social debts +€26,985
up €26,985 (+11,947%), from €226 to €27,211
of which Taxes: +€26,304
- Trade debts +€4,329
up €4,329 (+342%), from €1,264 to €5,593
- Gross operating margin +€40,548
up €40,548 (+1,977%), from €2,051 to €42,599
- Taxes +€10,475
up €10,475 (+2,868%), from €365 to €10,840
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €8,009 | €345,762 | +€337,753 | +4,217% |
| Fixed assets | 21/28 | - | €291,352 | +€291,352 | |
| Tangible fixed assets | 22/27 | - | €14,752 | +€14,752 | |
| Land and buildings | 22 | - | €12,260 | +€12,260 | |
| Furniture and vehicles | 24 | - | €2,492 | +€2,492 | |
| Financial fixed assets | 28 | - | €276,600 | +€276,600 | |
| Current assets | 29/58 | €8,009 | €54,410 | +€46,401 | +579% |
| Amounts receivable within one year | 40/41 | - | €17,680 | +€17,680 | |
| Trade receivables | 40 | - | €17,680 | +€17,680 | |
| Cash at bank and in hand | 54/58 | €1,483 | €36,730 | +€35,247 | +2,377% |
| Deferred charges and accrued income | 490/1 | €6,526 | €0 | -€6,526 | -100% |
| Total equity and liabilities | 10/49 | €8,009 | €345,762 | +€337,753 | +4,217% |
| Equity | 10/15 | €2,781 | €34,111 | +€31,331 | +1,127% |
| Contributions | 10/11 | €1,500 | €1,500 | = | 0.0% |
| Reserves | 13 | €1,281 | €32,611 | +€31,331 | +2,446% |
| Distributable reserves | 133 | €1,281 | €32,611 | +€31,331 | +2,446% |
| Amounts payable | 17/49 | €5,228 | €311,651 | +€306,422 | +5,861% |
| Amounts payable after more than one year | 17 | - | €276,600 | +€276,600 | |
| Financial debts | 170/4 | - | €276,600 | +€276,600 | |
| Amounts payable within one year | 42/48 | €5,228 | €34,202 | +€28,974 | +554% |
| Trade debts | 44 | €1,264 | €5,593 | +€4,329 | +342% |
| Suppliers | 440/4 | €1,264 | €5,593 | +€4,329 | +342% |
| Taxes, remuneration and social security | 45 | €226 | €27,211 | +€26,985 | +11,947% |
| Taxes | 450/3 | €226 | €26,530 | +€26,304 | +11,645% |
| Remuneration and social security | 454/9 | - | €681 | +€681 | |
| Other amounts payable | 47/48 | €3,738 | €1,398 | -€2,341 | -62.6% |
| Accrued charges and deferred income | 492/3 | - | €849 | +€849 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €385 | +€385 | |
| Other operating charges | 640/8 | €387 | €0 | -€387 | -100% |
| Gross operating margin | 9900 | €2,051 | €42,599 | +€40,548 | +1,977% |
| Operating profit (loss) | 9901 | €1,663 | €42,214 | +€40,551 | +2,438% |
| Financial charges | 65/66B | €17 | €44 | +€26 | +154% |
| Recurring financial charges | 65 | €17 | €44 | +€26 | +154% |
| Profit (loss) for the period before taxes | 9903 | €1,646 | €42,171 | +€40,525 | +2,462% |
| Income taxes | 67/77 | €365 | €10,840 | +€10,475 | +2,868% |
| Profit (loss) for the period | 9904 | €1,281 | €31,331 | +€30,050 | +2,346% |
| Profit (loss) for the period to be appropriated | 9905 | €1,281 | €31,331 | +€30,050 | +2,346% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 8 November 2026 via checked.be.