CAPENOC: 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.
CAPENOC
Largest movements
- Cash +€15,929
up €15,929 (+35.2%), from €45,213 to €61,142
mainly Net result for the year (+€18,114) and Other debts (+€760)
- Profit (loss) carried forward +€17,281
up €17,281 (+42.1%), from €41,021 to €58,302
- Tax, wage and social debts -€1,790
down €1,790 (-34.5%), from €5,190 to €3,400
- Other debts +€760
up €760 (+91.3%), from €833 to €1,593
- Gross operating margin -€4,742
down €4,742 (-16.7%), from €28,424 to €23,682
- Taxes -€897
down €897 (-15.3%), from €5,871 to €4,974
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 | €49,434 | €65,390 | +€15,956 | +32.3% |
| Current assets | 29/58 | €49,434 | €65,390 | +€15,956 | +32.3% |
| Amounts receivable within one year | 40/41 | €388 | €1,026 | +€638 | +164.6% |
| Other amounts receivable | 41 | €388 | €1,026 | +€638 | +164.6% |
| Cash at bank and in hand | 54/58 | €45,213 | €61,142 | +€15,929 | +35.2% |
| Deferred charges and accrued income | 490/1 | €3,834 | €3,222 | -€611 | -15.9% |
| Total equity and liabilities | 10/49 | €49,434 | €65,390 | +€15,956 | +32.3% |
| Equity | 10/15 | €43,021 | €60,302 | +€17,281 | +40.2% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €41,021 | €58,302 | +€17,281 | +42.1% |
| Amounts payable | 17/49 | €6,413 | €5,088 | -€1,325 | -20.7% |
| Amounts payable within one year | 42/48 | €6,113 | €5,088 | -€1,025 | -16.8% |
| Trade debts | 44 | €90 | €95 | +€5 | +5.6% |
| Suppliers | 440/4 | €90 | €95 | +€5 | +5.6% |
| Taxes, remuneration and social security | 45 | €5,190 | €3,400 | -€1,790 | -34.5% |
| Taxes | 450/3 | €5,190 | €3,400 | -€1,790 | -34.5% |
| Other amounts payable | 47/48 | €833 | €1,593 | +€760 | +91.3% |
| Accrued charges and deferred income | 492/3 | €300 | - | -€300 | |
| Other operating charges | 640/8 | €527 | €540 | +€12 | +2.3% |
| Gross operating margin | 9900 | €28,424 | €23,682 | -€4,742 | -16.7% |
| Operating profit (loss) | 9901 | €27,896 | €23,142 | -€4,754 | -17.0% |
| Financial charges | 65/66B | €47 | €54 | +€8 | +16.8% |
| Recurring financial charges | 65 | €47 | €54 | +€8 | +16.8% |
| Profit (loss) for the period before taxes | 9903 | €27,850 | €23,088 | -€4,762 | -17.1% |
| Income taxes | 67/77 | €5,871 | €4,974 | -€897 | -15.3% |
| Profit (loss) for the period | 9904 | €21,979 | €18,114 | -€3,865 | -17.6% |
| Profit (loss) for the period to be appropriated | 9905 | €21,979 | €18,114 | -€3,865 | -17.6% |
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 4 October 2026 via checked.be.