CAPCO AEROSPACE: 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.
CAPCO AEROSPACE
Largest movements
- Receivables within one year +€7,523
up €7,523 (+939.6%), from €801 to €8,323
of which Trade receivables: +€7,632
- Cash -€2,008
down €2,008 (-4.1%), from €49,516 to €47,508
mainly Receivables within one year (-€7,523) and Tax, wage and social debts (-€4,006)
- Deferred charges and accrued income +€1,136
new in 2025: €1,136
- Profit (loss) carried forward +€9,780
up €9,780 (+26.9%), from €36,365 to €46,145
- Tax, wage and social debts -€4,006
down €4,006 (-42.4%), from €9,444 to €5,438
- Other debts +€3,414
up €3,414 (+355.8%), from €960 to €4,374
- Trade debts -€2,369
no longer reported in 2025 (was €2,369)
- Gross operating margin -€32,377
down €32,377 (-70.0%), from €46,230 to €13,852
- Taxes -€6,577
down €6,577 (-69.6%), from €9,444 to €2,867
- Depreciation +€544
up €544 (+398.5%), from €136 to €680
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 | €52,137 | €58,956 | +€6,819 | +13.1% |
| Fixed assets | 21/28 | €1,821 | €1,990 | +€169 | +9.3% |
| Tangible fixed assets | 22/27 | €1,821 | €1,990 | +€169 | +9.3% |
| Furniture and vehicles | 24 | €1,821 | €1,990 | +€169 | +9.3% |
| Current assets | 29/58 | €50,316 | €56,966 | +€6,650 | +13.2% |
| Amounts receivable within one year | 40/41 | €801 | €8,323 | +€7,523 | +939.6% |
| Trade receivables | 40 | €282 | €7,913 | +€7,632 | +2709.2% |
| Other amounts receivable | 41 | €519 | €410 | -€109 | -21.0% |
| Cash at bank and in hand | 54/58 | €49,516 | €47,508 | -€2,008 | -4.1% |
| Deferred charges and accrued income | 490/1 | - | €1,136 | +€1,136 | |
| Total equity and liabilities | 10/49 | €52,137 | €58,956 | +€6,819 | +13.1% |
| Equity | 10/15 | €39,365 | €49,145 | +€9,780 | +24.8% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €36,365 | €46,145 | +€9,780 | +26.9% |
| Amounts payable | 17/49 | €12,772 | €9,812 | -€2,961 | -23.2% |
| Amounts payable within one year | 42/48 | €12,772 | €9,812 | -€2,961 | -23.2% |
| Trade debts | 44 | €2,369 | - | -€2,369 | |
| Suppliers | 440/4 | €2,369 | - | -€2,369 | |
| Taxes, remuneration and social security | 45 | €9,444 | €5,438 | -€4,006 | -42.4% |
| Taxes | 450/3 | €9,444 | €5,438 | -€4,006 | -42.4% |
| Other amounts payable | 47/48 | €960 | €4,374 | +€3,414 | +355.8% |
| Remuneration, social security and pensions | 62 | €115 | €48 | -€67 | -58.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €136 | €680 | +€544 | +398.5% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €357 | +€357 | |
| Gross operating margin | 9900 | €46,230 | €13,852 | -€32,377 | -70.0% |
| Operating profit (loss) | 9901 | €45,978 | €12,767 | -€33,211 | -72.2% |
| Financial charges | 65/66B | €169 | €120 | -€49 | -29.0% |
| Recurring financial charges | 65 | €169 | €120 | -€49 | -29.0% |
| Profit (loss) for the period before taxes | 9903 | €45,809 | €12,647 | -€33,162 | -72.4% |
| Income taxes | 67/77 | €9,444 | €2,867 | -€6,577 | -69.6% |
| Profit (loss) for the period | 9904 | €36,365 | €9,780 | -€26,585 | -73.1% |
| Profit (loss) for the period to be appropriated | 9905 | €36,365 | €9,780 | -€26,585 | -73.1% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.