CAPDEVILLE: 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.
CAPDEVILLE
Largest movements
- Financial fixed assets -€5.0m
down €5.0m (-97.3%), from €5.1m to €137,629
- Profit (loss) carried forward -€5.1m
down €5.1m (-294.6%), from -€1.7m to -€6.8m
- Debts after one year +€74,214
up €74,214 (+1.6%), from €4.8m to €4.8m
- Financial charges +€5.0m
up €5.0m (+1461814.3%), from €343 to €5.0m
of which Non-recurring financial charges: +€5.0m
- Gross operating margin -€33,653
down €33,653, from €17,829 to -€15,824
- Provisions -€9,836
down €9,836, from €7,718 to -€2,118
- Depreciation +€741
up €741 (+1.1%), from €68,800 to €69,542
- Other operating charges +€271
up €271 (+2.9%), from €9,390 to €9,661
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 | €6,985,065 | €1,921,138 | -€5.1m | -72.5% |
| Fixed assets | 21/28 | €6,926,391 | €1,851,985 | -€5.1m | -73.3% |
| Tangible fixed assets | 22/27 | €1,781,529 | €1,714,356 | -€67,173 | -3.8% |
| Land and buildings | 22 | €1,778,867 | €1,711,664 | -€67,203 | -3.8% |
| Furniture and vehicles | 24 | €2,662 | €2,692 | +€29 | +1.1% |
| Financial fixed assets | 28 | €5,144,862 | €137,629 | -€5.0m | -97.3% |
| Current assets | 29/58 | €58,674 | €69,153 | +€10,479 | +17.9% |
| Amounts receivable within one year | 40/41 | €26,629 | €34,843 | +€8,214 | +30.8% |
| Other amounts receivable | 41 | €26,629 | €34,843 | +€8,214 | +30.8% |
| Cash at bank and in hand | 54/58 | €4,176 | €6,328 | +€2,152 | +51.5% |
| Deferred charges and accrued income | 490/1 | €27,869 | €27,982 | +€113 | +0.4% |
| Total equity and liabilities | 10/49 | €6,985,065 | €1,921,138 | -€5.1m | -72.5% |
| Equity | 10/15 | €2,168,361 | -€2,932,585 | -€5.1m | |
| Contributions | 10/11 | €3,900,000 | €3,900,000 | = | 0.0% |
| Capital | 10 | €3,900,000 | €3,900,000 | = | 0.0% |
| Issued capital | 100 | €3,900,000 | €3,900,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€1,731,639 | -€6,832,585 | -€5.1m | -294.6% |
| Provisions and deferred taxes | 16 | €14,919 | €12,801 | -€2,118 | -14.2% |
| Provisions for liabilities and charges | 160/5 | €14,919 | €12,801 | -€2,118 | -14.2% |
| Other liabilities and charges | 164/5 | €14,919 | €12,801 | -€2,118 | -14.2% |
| Amounts payable | 17/49 | €4,801,785 | €4,840,921 | +€39,136 | +0.8% |
| Amounts payable after more than one year | 17 | €4,754,623 | €4,828,836 | +€74,214 | +1.6% |
| Other amounts payable | 178/9 | €4,754,623 | €4,828,836 | +€74,214 | +1.6% |
| Amounts payable within one year | 42/48 | €47,163 | €12,085 | -€35,078 | -74.4% |
| Trade debts | 44 | €209 | €0 | -€209 | -100.0% |
| Suppliers | 440/4 | €209 | €0 | -€209 | -100.0% |
| Other amounts payable | 47/48 | €46,954 | €12,085 | -€34,869 | -74.3% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €68,800 | €69,542 | +€741 | +1.1% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | €7,718 | -€2,118 | -€9,836 | |
| Other operating charges | 640/8 | €9,390 | €9,661 | +€271 | +2.9% |
| Gross operating margin | 9900 | €17,829 | -€15,824 | -€33,653 | |
| Operating profit (loss) | 9901 | -€68,079 | -€92,909 | -€24,830 | -36.5% |
| Financial income | 75/76B | €1,440 | €1,359 | -€81 | -5.6% |
| Recurring financial income | 75 | €1,440 | €1,359 | -€81 | -5.6% |
| Non-recurring financial income | 76B | €0 | - | = | |
| Financial charges | 65/66B | €343 | €5,009,395 | +€5.0m | +1461814.3% |
| Recurring financial charges | 65 | €343 | €45 | -€298 | -86.9% |
| Non-recurring financial charges | 66B | €0 | €5,009,350 | +€5.0m | |
| Profit (loss) for the period before taxes | 9903 | -€66,981 | -€5,100,945 | -€5.0m | -7515.5% |
| Profit (loss) for the period | 9904 | -€66,981 | -€5,100,945 | -€5.0m | -7515.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€66,981 | -€5,100,945 | -€5.0m | -7515.5% |
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 30 September 2026 via checked.be.