CAPARTICE: what changed
Two fiscal 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.
CAPARTICE
Largest movements
- Current investments +€30,000
up €30,000 (+54.5%), from €55,000 to €85,000
- Cash -€13,678
down €13,678 (-19.7%), from €69,572 to €55,894
mainly Current investments (-€30,000) and Debts after one year (-€28,934)
- Tangible fixed assets -€5,008
down €5,008 (-1.6%), from €320,526 to €315,518
of which Land and buildings: -€13,668
- Reserves +€35,239
up €35,239 (+14.3%), from €245,738 to €280,977
of which Distributable reserves: +€35,239
- Debts after one year -€28,934
down €28,934 (-33.1%), from €87,447 to €58,513
- Gross operating margin +€9,996
up €9,996 (+10.1%), from €99,259 to €109,255
- Taxes +€2,563
up €2,563 (+11.8%), from €21,670 to €24,232
From the 2025 result to the 2026 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 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €453,001 | €463,461 | +€10,461 | +2.3% |
| Fixed assets | 21/28 | €320,526 | €315,518 | -€5,008 | -1.6% |
| Tangible fixed assets | 22/27 | €320,526 | €315,518 | -€5,008 | -1.6% |
| Land and buildings | 22 | €295,018 | €281,350 | -€13,668 | -4.6% |
| Plant, machinery and equipment | 23 | €3,615 | €1,479 | -€2,136 | -59.1% |
| Furniture and vehicles | 24 | €3,293 | €1,689 | -€1,604 | -48.7% |
| Other tangible fixed assets | 26 | €18,600 | €31,000 | +€12,400 | +66.7% |
| Current assets | 29/58 | €132,475 | €147,943 | +€15,469 | +11.7% |
| Amounts receivable within one year | 40/41 | €38 | €505 | +€467 | +1229.7% |
| Trade receivables | 40 | €38 | €280 | +€242 | +635.5% |
| Other amounts receivable | 41 | €0 | €226 | +€226 | |
| Current investments | 50/53 | €55,000 | €85,000 | +€30,000 | +54.5% |
| Cash at bank and in hand | 54/58 | €69,572 | €55,894 | -€13,678 | -19.7% |
| Deferred charges and accrued income | 490/1 | €7,864 | €6,543 | -€1,321 | -16.8% |
| Total equity and liabilities | 10/49 | €453,001 | €463,461 | +€10,461 | +2.3% |
| Equity | 10/15 | €316,959 | €352,198 | +€35,239 | +11.1% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €245,738 | €280,977 | +€35,239 | +14.3% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €243,878 | €279,117 | +€35,239 | +14.4% |
| Profit (loss) carried forward | 14 | €65,021 | €65,021 | = | 0.0% |
| Amounts payable | 17/49 | €136,042 | €111,264 | -€24,778 | -18.2% |
| Amounts payable after more than one year | 17 | €87,447 | €58,513 | -€28,934 | -33.1% |
| Financial debts | 170/4 | €87,447 | €58,513 | -€28,934 | -33.1% |
| Amounts payable within one year | 42/48 | €48,595 | €52,750 | +€4,156 | +8.6% |
| Current portion of amounts payable after more than one year | 42 | €28,440 | €28,934 | +€494 | +1.7% |
| Financial debts | 43 | €1,085 | €1,297 | +€213 | +19.6% |
| Credit institutions | 430/8 | €1,085 | €1,297 | +€213 | +19.6% |
| Trade debts | 44 | €2,839 | €3,218 | +€379 | +13.4% |
| Suppliers | 440/4 | €2,839 | €3,218 | +€379 | +13.4% |
| Taxes, remuneration and social security | 45 | €9,425 | €12,106 | +€2,681 | +28.4% |
| Taxes | 450/3 | €9,425 | €12,106 | +€2,681 | +28.4% |
| Other amounts payable | 47/48 | €6,807 | €7,195 | +€389 | +5.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,927 | €17,408 | +€481 | +2.8% |
| Other operating charges | 640/8 | €2,927 | €3,090 | +€163 | +5.6% |
| Gross operating margin | 9900 | €99,259 | €109,255 | +€9,996 | +10.1% |
| Operating profit (loss) | 9901 | €79,406 | €88,758 | +€9,352 | +11.8% |
| Financial income | 75/76B | €2,038 | €1,682 | -€356 | -17.5% |
| Recurring financial income | 75 | €2,038 | €1,682 | -€356 | -17.5% |
| Financial charges | 65/66B | €5,483 | €4,969 | -€514 | -9.4% |
| Recurring financial charges | 65 | €5,483 | €4,969 | -€514 | -9.4% |
| Profit (loss) for the period before taxes | 9903 | €75,961 | €85,471 | +€9,510 | +12.5% |
| Income taxes | 67/77 | €21,670 | €24,232 | +€2,563 | +11.8% |
| Profit (loss) for the period | 9904 | €54,292 | €61,239 | +€6,947 | +12.8% |
| Profit (loss) for the period to be appropriated | 9905 | €54,292 | €61,239 | +€6,947 | +12.8% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2025 and 30 June 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 2 October 2026 via checked.be.