CAPE POINT: 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 POINT
Largest movements
- Receivables after one year +€690,000
up €690,000 (+184.0%), from €375,000 to €1.1m
- Cash -€26,130
down €26,130 (-19.5%), from €134,319 to €108,189
mainly Receivables after one year (-€690,000) and Deferred charges and accrued income (-€22,211)
- Deferred charges and accrued income +€22,211
up €22,211 (+321.0%), from €6,919 to €29,130
- Profit (loss) carried forward +€519,504
up €519,504 (+129.9%), from €399,818 to €919,321
- Tax, wage and social debts +€163,016
up €163,016 (+102.1%), from €159,734 to €322,751
- Gross operating margin +€201,964
up €201,964 (+40.8%), from €495,577 to €697,542
- Taxes +€96,546
up €96,546 (+95.4%), from €101,215 to €197,760
- Financial income +€15,294
up €15,294 (+221.0%), from €6,919 to €22,213
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 | €565,341 | €1,248,535 | +€683,194 | +120.8% |
| Current assets | 29/58 | €565,341 | €1,248,535 | +€683,194 | +120.8% |
| Amounts receivable after more than one year | 29 | €375,000 | €1,065,000 | +€690,000 | +184.0% |
| Trade receivables | 290 | €375,000 | €1,065,000 | +€690,000 | +184.0% |
| Amounts receivable within one year | 40/41 | €49,103 | €46,216 | -€2,887 | -5.9% |
| Trade receivables | 40 | €48,171 | €45,375 | -€2,796 | -5.8% |
| Other amounts receivable | 41 | €932 | €841 | -€91 | -9.7% |
| Cash at bank and in hand | 54/58 | €134,319 | €108,189 | -€26,130 | -19.5% |
| Deferred charges and accrued income | 490/1 | €6,919 | €29,130 | +€22,211 | +321.0% |
| Total equity and liabilities | 10/49 | €565,341 | €1,248,535 | +€683,194 | +120.8% |
| Equity | 10/15 | €402,818 | €922,321 | +€519,504 | +129.0% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €399,818 | €919,321 | +€519,504 | +129.9% |
| Amounts payable | 17/49 | €162,523 | €326,214 | +€163,691 | +100.7% |
| Amounts payable within one year | 42/48 | €162,523 | €326,214 | +€163,691 | +100.7% |
| Trade debts | 44 | €2,789 | €3,120 | +€331 | +11.9% |
| Suppliers | 440/4 | €2,789 | €3,120 | +€331 | +11.9% |
| Taxes, remuneration and social security | 45 | €159,734 | €322,751 | +€163,016 | +102.1% |
| Taxes | 450/3 | €159,734 | €322,751 | +€163,016 | +102.1% |
| Other amounts payable | 47/48 | - | €343 | +€343 | |
| Other operating charges | 640/8 | - | €514 | +€514 | |
| Gross operating margin | 9900 | €495,577 | €697,542 | +€201,964 | +40.8% |
| Operating profit (loss) | 9901 | €495,577 | €697,027 | +€201,450 | +40.6% |
| Financial income | 75/76B | €6,919 | €22,213 | +€15,294 | +221.0% |
| Recurring financial income | 75 | €6,919 | €22,213 | +€15,294 | +221.0% |
| Financial charges | 65/66B | €1,464 | €1,976 | +€512 | +35.0% |
| Recurring financial charges | 65 | €1,464 | €1,976 | +€512 | +35.0% |
| Profit (loss) for the period before taxes | 9903 | €501,032 | €717,264 | +€216,232 | +43.2% |
| Income taxes | 67/77 | €101,215 | €197,760 | +€96,546 | +95.4% |
| Profit (loss) for the period | 9904 | €399,818 | €519,504 | +€119,686 | +29.9% |
| Profit (loss) for the period to be appropriated | 9905 | €399,818 | €519,504 | +€119,686 | +29.9% |
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 3 October 2026 via checked.be.