CAPESPAN CONTINENT: 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.
What changed
CAPESPAN CONTINENT
NACE 46.170, Agents in the wholesale of food, beverages and tobacco
financial year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€1.7m
2024 · €11,682+€1.7m
Equity
€5.9m
2024 · €2.1m+€3.8m
Cash
€3.4m
2024 · €508,761+€2.9m
Balance sheet total
€12.9m
2024 · €12.2m+€735,688
Largest movements
Assets
- Cash +€2.9m
up €2.9m (+567.5%), from €508,761 to €3.4m
mainly Receivables within one year (+€2.2m) and Contributions, distributions and other (+€2.1m)
- Receivables within one year -€2.2m
down €2.2m (-29.0%), from €7.5m to €5.3m
of which Trade receivables: -€2.2m
Equity and liabilities
- Contributions +€2.1m
up €2.1m (+148.3%), from €1.4m to €3.5m
- Profit (loss) carried forward +€1.7m
up €1.7m (+317.9%), from €520,890 to €2.2m
- Trade debts -€1.5m
down €1.5m (-25.2%), from €6.1m to €4.6m
- Other debts -€1.2m
down €1.2m (-49.1%), from €2.5m to €1.3m
- Accrued charges and deferred income -€152,379
down €152,379 (-14.9%), from €1.0m to €870,010
Income statement
- Goods and materials +€14.7m
up €14.7m (+35.1%), from €41.9m to €56.7m
of which Purchases: +€14.8m
- Turnover +€7.5m
up €7.5m (+14.2%), from €52.6m to €60.1m
- Services and other goods -€7.3m
down €7.3m (-73.7%), from €9.9m to €2.6m
- Financial income +€1.5m
up €1.5m (+881.3%), from €169,738 to €1.7m
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.
Result 2024
€11,682
Turnover
+€7.5m
Other operating income
+€258,119
Goods and materials
-€14.7m
Services and other goods
+€7.3m
Staff costs
-€95,885
Depreciation
-€27,586
Write-downs
-€13,223
Provisions
+€132,049
Other operating charges
-€139
Financial income
+€1.5m
Financial charges
-€33,431
Taxes
-€2,254
Result 2025
€1.7m
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.
From operations
+€824,907
Investment
-€17,945
Financing
+€2.1m
Cash 2024
€508,761
From operations (derived)
+€824,907
Net result for the year
+€1.7m
Depreciation
+€33,141
Stocks and contracts
-€47,090
Receivables within one year
+€2.2m
Deferred charges and accrued income
+€8,720
Provisions
-€89,697
Trade debts
-€1.5m
Tax, wage and social debts
-€84,696
Other debts
-€1.2m
Accrued charges and deferred income
-€152,379
Investment (derived)
-€17,945
Investment in fixed assets (net)
-€17,945
Financing
+€2.1m
Contributions, distributions and other
+€2.1m
Cash 2025
€3.4m
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €12,188,065 | €12,923,754 | +€735,688 | +6.0% |
| Fixed assets | 21/28 | €4,170,573 | €4,155,377 | -€15,196 | -0.4% |
| Intangible fixed assets | 21 | €140,509 | €127,214 | -€13,296 | -9.5% |
| Tangible fixed assets | 22/27 | €10,460 | €5,560 | -€4,901 | -46.9% |
| Plant, machinery and equipment | 23 | €10,460 | €5,560 | -€4,901 | -46.9% |
| Financial fixed assets | 28 | €4,019,603 | €4,022,603 | +€3,000 | +0.1% |
| Affiliated companies | 280/1 | €4,000,000 | €4,000,000 | = | 0.0% |
| Participating interests | 280 | €4,000,000 | €4,000,000 | = | 0.0% |
| Other financial fixed assets | 284/8 | €19,603 | €22,603 | +€3,000 | +15.3% |
| Amounts receivable and cash guarantees | 285/8 | €19,603 | €22,603 | +€3,000 | +15.3% |
| Current assets | 29/58 | €8,017,493 | €8,768,377 | +€750,885 | +9.4% |
| Stocks and contracts in progress | 3 | - | €47,090 | +€47,090 | |
| Stocks | 30/36 | - | €47,090 | +€47,090 | |
| Goods purchased for resale | 34 | - | €47,090 | +€47,090 | |
| Amounts receivable within one year | 40/41 | €7,489,600 | €5,314,652 | -€2.2m | -29.0% |
| Trade receivables | 40 | €7,419,722 | €5,252,269 | -€2.2m | -29.2% |
| Other amounts receivable | 41 | €69,878 | €62,383 | -€7,494 | -10.7% |
| Cash at bank and in hand | 54/58 | €508,761 | €3,396,223 | +€2.9m | +567.5% |
| Deferred charges and accrued income | 490/1 | €19,132 | €10,411 | -€8,720 | -45.6% |
| Total equity and liabilities | 10/49 | €12,188,065 | €12,923,754 | +€735,688 | +6.0% |
| Equity | 10/15 | €2,069,196 | €5,892,930 | +€3.8m | +184.8% |
| Contributions | 10/11 | €1,403,000 | €3,483,500 | +€2.1m | +148.3% |
| Capital | 10 | €1,403,000 | €3,483,500 | +€2.1m | +148.3% |
| Issued capital | 100 | €1,403,000 | €3,483,500 | +€2.1m | +148.3% |
| Reserves | 13 | €145,306 | €232,712 | +€87,405 | +60.2% |
| Non-distributable reserves | 130/1 | €140,300 | €227,705 | +€87,405 | +62.3% |
| Legal reserve | 130 | €140,300 | €227,705 | +€87,405 | +62.3% |
| Tax-exempt reserves | 132 | €5,006 | €5,006 | = | 0.0% |
| Profit (loss) carried forward | 14 | €520,890 | €2,176,718 | +€1.7m | +317.9% |
| Provisions and deferred taxes | 16 | €184,469 | €94,772 | -€89,697 | -48.6% |
| Provisions for liabilities and charges | 160/5 | €184,469 | €94,772 | -€89,697 | -48.6% |
| Pensions and similar obligations | 160 | €184,469 | €94,772 | -€89,697 | -48.6% |
| Amounts payable | 17/49 | €9,934,400 | €6,936,052 | -€3.0m | -30.2% |
| Amounts payable within one year | 42/48 | €8,912,012 | €6,066,042 | -€2.8m | -31.9% |
| Trade debts | 44 | €6,087,153 | €4,550,668 | -€1.5m | -25.2% |
| Suppliers | 440/4 | €6,087,153 | €4,550,668 | -€1.5m | -25.2% |
| Taxes, remuneration and social security | 45 | €329,870 | €245,174 | -€84,696 | -25.7% |
| Taxes | 450/3 | €186,868 | €88,825 | -€98,043 | -52.5% |
| Remuneration and social security | 454/9 | €143,002 | €156,349 | +€13,347 | +9.3% |
| Other amounts payable | 47/48 | €2,494,989 | €1,270,199 | -€1.2m | -49.1% |
| Accrued charges and deferred income | 492/3 | €1,022,388 | €870,010 | -€152,379 | -14.9% |
| Operating income | 70/76A | €52,908,868 | €60,638,514 | +€7.7m | +14.6% |
| Turnover | 70 | €52,618,985 | €60,090,511 | +€7.5m | +14.2% |
| Other operating income | 74 | €289,883 | €548,003 | +€258,119 | +89.0% |
| Operating charges | 60/66A | €52,844,434 | €60,302,683 | +€7.5m | +14.1% |
| Goods for resale, raw materials and consumables | 60 | €41,931,569 | €56,667,698 | +€14.7m | +35.1% |
| Purchases | 600/8 | €41,931,569 | €56,714,788 | +€14.8m | +35.3% |
| Change in stocks: decrease (increase) | 609 | - | -€47,090 | -€47,090 | |
| Services and other goods | 61 | €9,874,852 | €2,592,187 | -€7.3m | -73.7% |
| Remuneration, social security and pensions | 62 | €983,824 | €1,079,709 | +€95,885 | +9.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,556 | €33,141 | +€27,586 | +496.5% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €13,223 | +€13,223 | |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | €42,352 | -€89,697 | -€132,049 | |
| Other operating charges | 640/8 | €6,282 | €6,421 | +€139 | +2.2% |
| Operating profit (loss) | 9901 | €64,434 | €335,831 | +€271,397 | +421.2% |
| Financial income | 75/76B | €169,738 | €1,665,579 | +€1.5m | +881.3% |
| Recurring financial income | 75 | €169,738 | €1,665,579 | +€1.5m | +881.3% |
| Income from financial fixed assets | 750 | - | €1,500,000 | +€1.5m | |
| Income from current assets | 751 | €152,705 | €165,579 | +€12,874 | +8.4% |
| Other financial income | 752/9 | €17,033 | - | -€17,033 | |
| Financial charges | 65/66B | €219,874 | €253,305 | +€33,431 | +15.2% |
| Recurring financial charges | 65 | €219,874 | €253,305 | +€33,431 | +15.2% |
| Debt charges | 650 | €158,453 | €117,766 | -€40,687 | -25.7% |
| Other financial charges | 652/9 | €61,421 | €135,539 | +€74,119 | +120.7% |
| Profit (loss) for the period before taxes | 9903 | €14,298 | €1,748,105 | +€1.7m | +12126.0% |
| Income taxes | 67/77 | €2,617 | €4,871 | +€2,254 | +86.2% |
| Taxes | 670/3 | €2,617 | €4,871 | +€2,254 | +86.2% |
| Profit (loss) for the period | 9904 | €11,682 | €1,743,234 | +€1.7m | +14822.8% |
| Profit (loss) for the period to be appropriated | 9905 | €11,682 | €1,743,234 | +€1.7m | +14822.8% |
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 11 October 2026 via checked.be.