CAPE COD: 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.
CAPE COD
Largest movements
- Cash +€67,677
up €67,677 (+16.0%), from €423,171 to €490,848
mainly Net result for the year (+€78,149) and Other debts (+€64,919)
- Receivables within one year +€44,918
up €44,918 (+392.9%), from €11,432 to €56,351
of which Other amounts receivable: +€40,146
- Tangible fixed assets -€19,096
down €19,096 (-15.1%), from €126,077 to €106,981
of which Plant, machinery and equipment: -€11,045
- Stocks and contracts +€14,315
up €14,315 (+3.6%), from €395,338 to €409,653
- Other debts +€64,919
up €64,919 (+38.0%), from €170,722 to €235,641
- Profit (loss) carried forward -€60,000
down €60,000 (-46.7%), from €128,529 to €68,529
- Trade debts +€48,802
up €48,802 (+45.6%), from €107,062 to €155,864
- Tax, wage and social debts +€45,843
up €45,843 (+29.5%), from €155,276 to €201,119
of which Remuneration and social security: +€49,074
- Staff costs +€34,697
up €34,697 (+4.6%), from €760,685 to €795,383
- Taxes -€10,167
down €10,167 (-23.1%), from €44,087 to €33,921
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 | €967,484 | €1,068,375 | +€100,890 | +10.4% |
| Fixed assets | 21/28 | €127,117 | €108,021 | -€19,096 | -15.0% |
| Tangible fixed assets | 22/27 | €126,077 | €106,981 | -€19,096 | -15.1% |
| Plant, machinery and equipment | 23 | €103,546 | €92,501 | -€11,045 | -10.7% |
| Furniture and vehicles | 24 | €22,531 | €14,480 | -€8,051 | -35.7% |
| Financial fixed assets | 28 | €1,041 | €1,041 | = | 0.0% |
| Current assets | 29/58 | €840,367 | €960,353 | +€119,986 | +14.3% |
| Stocks and contracts in progress | 3 | €395,338 | €409,653 | +€14,315 | +3.6% |
| Stocks | 30/36 | €395,338 | €409,653 | +€14,315 | +3.6% |
| Amounts receivable within one year | 40/41 | €11,432 | €56,351 | +€44,918 | +392.9% |
| Trade receivables | 40 | €11,432 | €16,205 | +€4,773 | +41.7% |
| Other amounts receivable | 41 | €0 | €40,146 | +€40,146 | |
| Cash at bank and in hand | 54/58 | €423,171 | €490,848 | +€67,677 | +16.0% |
| Deferred charges and accrued income | 490/1 | €10,426 | €3,502 | -€6,924 | -66.4% |
| Total equity and liabilities | 10/49 | €967,484 | €1,068,375 | +€100,890 | +10.4% |
| Equity | 10/15 | €533,737 | €475,262 | -€58,475 | -11.0% |
| Contributions | 10/11 | €122,000 | €122,000 | = | 0.0% |
| Capital | 10 | €122,000 | €122,000 | = | 0.0% |
| Issued capital | 100 | €122,000 | €122,000 | = | 0.0% |
| Reserves | 13 | €283,208 | €283,208 | = | 0.0% |
| Non-distributable reserves | 130/1 | €12,200 | €12,200 | = | 0.0% |
| Legal reserve | 130 | €12,200 | €12,200 | = | 0.0% |
| Distributable reserves | 133 | €271,008 | €271,008 | = | 0.0% |
| Profit (loss) carried forward | 14 | €128,529 | €68,529 | -€60,000 | -46.7% |
| Investment grants | 15 | - | €1,525 | +€1,525 | |
| Amounts payable | 17/49 | €433,747 | €593,113 | +€159,366 | +36.7% |
| Amounts payable within one year | 42/48 | €433,747 | €593,113 | +€159,366 | +36.7% |
| Trade debts | 44 | €107,062 | €155,864 | +€48,802 | +45.6% |
| Suppliers | 440/4 | €107,062 | €155,864 | +€48,802 | +45.6% |
| Advances received on contracts in progress | 46 | €688 | €489 | -€199 | -28.9% |
| Taxes, remuneration and social security | 45 | €155,276 | €201,119 | +€45,843 | +29.5% |
| Taxes | 450/3 | €54,345 | €51,114 | -€3,231 | -5.9% |
| Remuneration and social security | 454/9 | €100,931 | €150,004 | +€49,074 | +48.6% |
| Other amounts payable | 47/48 | €170,722 | €235,641 | +€64,919 | +38.0% |
| Remuneration, social security and pensions | 62 | €760,685 | €795,383 | +€34,697 | +4.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €40,120 | €36,300 | -€3,820 | -9.5% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €5,881 | -€2,468 | -€8,350 | |
| Other operating charges | 640/8 | €2,198 | €3,407 | +€1,209 | +55.0% |
| Gross operating margin | 9900 | €928,698 | €924,122 | -€4,576 | -0.5% |
| Operating profit (loss) | 9901 | €119,813 | €91,500 | -€28,313 | -23.6% |
| Financial income | 75/76B | €26,059 | €30,509 | +€4,449 | +17.1% |
| Recurring financial income | 75 | €26,059 | €30,509 | +€4,449 | +17.1% |
| Financial charges | 65/66B | €8,418 | €9,940 | +€1,522 | +18.1% |
| Recurring financial charges | 65 | €8,418 | €9,940 | +€1,522 | +18.1% |
| Profit (loss) for the period before taxes | 9903 | €137,455 | €112,069 | -€25,385 | -18.5% |
| Income taxes | 67/77 | €44,087 | €33,921 | -€10,167 | -23.1% |
| Profit (loss) for the period | 9904 | €93,367 | €78,149 | -€15,218 | -16.3% |
| Profit (loss) for the period to be appropriated | 9905 | €93,367 | €78,149 | -€15,218 | -16.3% |
Source: filed annual accounts (NBB), fiscal years ended 31 January 2025 and 31 January 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.