Capensis Consulting: what changed
Two financial 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.
Capensis Consulting
Largest movements
- Receivables within one year +€94,645
up €94,645 (+752%), from €12,583 to €107,228
of which Other amounts receivable: +€91,800
- Current investments -€90,000
down €90,000 (-36.0%), from €250,000 to €160,000
- Cash +€18,956
up €18,956 (+29.8%), from €63,675 to €82,631
mainly Current investments (+€90,000) and Net result for the year (+€61,603)
- Tangible fixed assets -€4,075
down €4,075 (-67.0%), from €6,079 to €2,004
- Reserves +€61,603
up €61,603 (+26.5%), from €232,836 to €294,439
- Tax, wage and social debts -€32,573
down €32,573 (-39.7%), from €81,976 to €49,403
- Other debts -€9,703
down €9,703 (-84.0%), from €11,553 to €1,850
- Gross operating margin -€36,552
down €36,552 (-30.0%), from €121,690 to €85,138
- Taxes -€7,888
down €7,888 (-30.8%), from €25,586 to €17,698
- Depreciation -€5,217
down €5,217 (-56.1%), from €9,293 to €4,075
- Financial income -€1,260
no longer reported in 2025 (was €1,260)
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.
Derived cash bridge
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 | €332,337 | €351,863 | +€19,525 | +5.9% |
| Fixed assets | 21/28 | €6,079 | €2,004 | -€4,075 | -67.0% |
| Tangible fixed assets | 22/27 | €6,079 | €2,004 | -€4,075 | -67.0% |
| Furniture and vehicles | 24 | €6,079 | €2,004 | -€4,075 | -67.0% |
| Current assets | 29/58 | €326,258 | €349,859 | +€23,601 | +7.2% |
| Amounts receivable within one year | 40/41 | €12,583 | €107,228 | +€94,645 | +752% |
| Trade receivables | 40 | €12,583 | €15,428 | +€2,845 | +22.6% |
| Other amounts receivable | 41 | - | €91,800 | +€91,800 | |
| Current investments | 50/53 | €250,000 | €160,000 | -€90,000 | -36.0% |
| Cash at bank and in hand | 54/58 | €63,675 | €82,631 | +€18,956 | +29.8% |
| Total equity and liabilities | 10/49 | €332,337 | €351,863 | +€19,525 | +5.9% |
| Equity | 10/15 | €236,336 | €297,939 | +€61,603 | +26.1% |
| Contributions | 10/11 | €3,500 | €3,500 | = | 0.0% |
| Reserves | 13 | €232,836 | €294,439 | +€61,603 | +26.5% |
| Distributable reserves | 133 | €232,836 | €294,439 | +€61,603 | +26.5% |
| Amounts payable | 17/49 | €96,001 | €53,924 | -€42,077 | -43.8% |
| Amounts payable within one year | 42/48 | €96,001 | €51,892 | -€44,109 | -45.9% |
| Current portion of amounts payable after more than one year | 42 | €1,737 | - | -€1,737 | |
| Trade debts | 44 | €734 | €638 | -€96 | -13.1% |
| Suppliers | 440/4 | €734 | €638 | -€96 | -13.1% |
| Taxes, remuneration and social security | 45 | €81,976 | €49,403 | -€32,573 | -39.7% |
| Taxes | 450/3 | €81,976 | €49,403 | -€32,573 | -39.7% |
| Other amounts payable | 47/48 | €11,553 | €1,850 | -€9,703 | -84.0% |
| Accrued charges and deferred income | 492/3 | - | €2,032 | +€2,032 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,293 | €4,075 | -€5,217 | -56.1% |
| Other operating charges | 640/8 | €518 | €1,054 | +€536 | +104% |
| Gross operating margin | 9900 | €121,690 | €85,138 | -€36,552 | -30.0% |
| Operating profit (loss) | 9901 | €111,880 | €80,009 | -€31,871 | -28.5% |
| Financial income | 75/76B | €1,260 | - | -€1,260 | |
| Recurring financial income | 75 | €1,260 | - | -€1,260 | |
| Financial charges | 65/66B | €1,005 | €708 | -€298 | -29.6% |
| Recurring financial charges | 65 | €1,005 | €708 | -€298 | -29.6% |
| Profit (loss) for the period before taxes | 9903 | €112,134 | €79,301 | -€32,833 | -29.3% |
| Income taxes | 67/77 | €25,586 | €17,698 | -€7,888 | -30.8% |
| Profit (loss) for the period | 9904 | €86,548 | €61,603 | -€24,946 | -28.8% |
| Profit (loss) for the period to be appropriated | 9905 | €86,548 | €61,603 | -€24,946 | -28.8% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 22 October 2026 via checked.be.