CAPI CONSTRUCT: 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.
CAPI CONSTRUCT
Largest movements
- Receivables within one year -€15,135
down €15,135 (-32.4%), from €46,775 to €31,640
of which Other amounts receivable: -€9,224
- Cash +€13,789
up €13,789 (+165.4%), from €8,337 to €22,126
mainly Receivables within one year (+€15,135) and Net result for the year (+€11,348)
- Tangible fixed assets -€1,231
down €1,231 (-23.8%), from €5,172 to €3,941
of which Other tangible fixed assets: -€951
- Deferred charges and accrued income +€868
up €868 (+14.9%), from €5,846 to €6,714
- Trade debts -€19,239
down €19,239 (-42.6%), from €45,143 to €25,904
- Profit (loss) carried forward +€11,348
up €11,348 (+75.4%), from -€15,044 to -€3,696
- Tax, wage and social debts +€6,068
up €6,068 (+38.2%), from €15,890 to €21,958
of which Taxes: +€9,771
- Gross operating margin +€42,866
up €42,866 (+46.5%), from €92,239 to €135,104
- Staff costs +€37,383
up €37,383 (+51.2%), from €73,042 to €110,425
- Other operating charges -€2,376
down €2,376 (-24.7%), from €9,636 to €7,260
- Taxes +€1,999
up €1,999 (+780.6%), from €256 to €2,256
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 | €66,440 | €64,732 | -€1,708 | -2.6% |
| Fixed assets | 21/28 | €5,482 | €4,251 | -€1,231 | -22.5% |
| Tangible fixed assets | 22/27 | €5,172 | €3,941 | -€1,231 | -23.8% |
| Plant, machinery and equipment | 23 | €605 | €325 | -€280 | -46.3% |
| Other tangible fixed assets | 26 | €4,567 | €3,616 | -€951 | -20.8% |
| Financial fixed assets | 28 | €310 | €310 | = | 0.0% |
| Current assets | 29/58 | €60,958 | €60,481 | -€477 | -0.8% |
| Amounts receivable within one year | 40/41 | €46,775 | €31,640 | -€15,135 | -32.4% |
| Trade receivables | 40 | €30,037 | €24,127 | -€5,910 | -19.7% |
| Other amounts receivable | 41 | €16,738 | €7,513 | -€9,224 | -55.1% |
| Cash at bank and in hand | 54/58 | €8,337 | €22,126 | +€13,789 | +165.4% |
| Deferred charges and accrued income | 490/1 | €5,846 | €6,714 | +€868 | +14.9% |
| Total equity and liabilities | 10/49 | €66,440 | €64,732 | -€1,708 | -2.6% |
| Equity | 10/15 | €5,407 | €16,755 | +€11,348 | +209.9% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €1,859 | €1,859 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€15,044 | -€3,696 | +€11,348 | +75.4% |
| Amounts payable | 17/49 | €61,033 | €47,977 | -€13,056 | -21.4% |
| Amounts payable within one year | 42/48 | €61,033 | €47,862 | -€13,171 | -21.6% |
| Trade debts | 44 | €45,143 | €25,904 | -€19,239 | -42.6% |
| Suppliers | 440/4 | €45,143 | €25,904 | -€19,239 | -42.6% |
| Taxes, remuneration and social security | 45 | €15,890 | €21,958 | +€6,068 | +38.2% |
| Taxes | 450/3 | €5,710 | €15,482 | +€9,771 | +171.1% |
| Remuneration and social security | 454/9 | €10,180 | €6,477 | -€3,703 | -36.4% |
| Accrued charges and deferred income | 492/3 | - | €115 | +€115 | |
| Non-recurring operating income | 76A | €4,500 | - | -€4,500 | |
| Remuneration, social security and pensions | 62 | €73,042 | €110,425 | +€37,383 | +51.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,043 | €1,231 | -€812 | -39.7% |
| Other operating charges | 640/8 | €9,636 | €7,260 | -€2,376 | -24.7% |
| Gross operating margin | 9900 | €92,239 | €135,104 | +€42,866 | +46.5% |
| Operating profit (loss) | 9901 | €7,518 | €16,189 | +€8,671 | +115.3% |
| Financial income | 75/76B | €596 | €580 | -€16 | -2.7% |
| Recurring financial income | 75 | €596 | €580 | -€16 | -2.7% |
| Financial charges | 65/66B | €2,077 | €3,166 | +€1,089 | +52.4% |
| Recurring financial charges | 65 | €2,077 | €3,166 | +€1,089 | +52.4% |
| Profit (loss) for the period before taxes | 9903 | €6,038 | €13,603 | +€7,566 | +125.3% |
| Income taxes | 67/77 | €256 | €2,256 | +€1,999 | +780.6% |
| Profit (loss) for the period | 9904 | €5,782 | €11,348 | +€5,566 | +96.3% |
| Profit (loss) for the period to be appropriated | 9905 | €5,782 | €11,348 | +€5,566 | +96.3% |
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 6 October 2026 via checked.be.