CAPIAU: 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.
CAPIAU
Largest movements
- Receivables within one year +€24,287
up €24,287 (+22.2%), from €109,166 to €133,453
of which Trade receivables: +€13,407
- Cash +€12,457
up €12,457 (+87.4%), from €14,256 to €26,713
mainly Net result for the year (+€75,946) and Tax, wage and social debts (+€21,049)
- Tangible fixed assets +€11,067
up €11,067 (+161.1%), from €6,871 to €17,937
of which Furniture and vehicles: +€11,178
- Tax, wage and social debts +€21,049
up €21,049 (+71.1%), from €29,619 to €50,668
- Reserves +€15,946
up €15,946 (+53.1%), from €30,034 to €45,980
of which Distributable reserves: +€15,946
- Debts after one year +€8,772
new in 2024: €8,772
- Other debts +€7,000
up €7,000 (+20.0%), from €35,000 to €42,000
- Trade debts -€4,485
down €4,485 (-54.8%), from €8,184 to €3,699
- Gross operating margin +€33,716
up €33,716 (+48.1%), from €70,117 to €103,834
- Taxes +€10,048
up €10,048 (+77.1%), from €13,034 to €23,082
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €130,723 | €180,227 | +€49,504 | +37.9% |
| Fixed assets | 21/28 | €7,301 | €18,367 | +€11,067 | +151.6% |
| Tangible fixed assets | 22/27 | €6,871 | €17,937 | +€11,067 | +161.1% |
| Plant, machinery and equipment | 23 | €892 | €780 | -€111 | -12.5% |
| Furniture and vehicles | 24 | €5,979 | €17,157 | +€11,178 | +187.0% |
| Financial fixed assets | 28 | €430 | €430 | = | 0.0% |
| Current assets | 29/58 | €123,423 | €161,860 | +€38,437 | +31.1% |
| Amounts receivable within one year | 40/41 | €109,166 | €133,453 | +€24,287 | +22.2% |
| Trade receivables | 40 | €14,116 | €27,523 | +€13,407 | +95.0% |
| Other amounts receivable | 41 | €95,050 | €105,930 | +€10,880 | +11.4% |
| Cash at bank and in hand | 54/58 | €14,256 | €26,713 | +€12,457 | +87.4% |
| Deferred charges and accrued income | 490/1 | - | €1,693 | +€1,693 | |
| Total equity and liabilities | 10/49 | €130,723 | €180,227 | +€49,504 | +37.9% |
| Equity | 10/15 | €48,634 | €64,580 | +€15,946 | +32.8% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €30,034 | €45,980 | +€15,946 | +53.1% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Tax-exempt reserves | 132 | €3,483 | €3,483 | = | 0.0% |
| Distributable reserves | 133 | €24,691 | €40,637 | +€15,946 | +64.6% |
| Amounts payable | 17/49 | €82,090 | €115,647 | +€33,558 | +40.9% |
| Amounts payable after more than one year | 17 | - | €8,772 | +€8,772 | |
| Financial debts | 170/4 | - | €8,772 | +€8,772 | |
| Amounts payable within one year | 42/48 | €82,090 | €106,875 | +€24,786 | +30.2% |
| Current portion of amounts payable after more than one year | 42 | €1,488 | €2,711 | +€1,223 | +82.2% |
| Financial debts | 43 | €7,799 | €7,798 | -€1 | 0.0% |
| Credit institutions | 430/8 | €7,799 | €7,798 | -€1 | 0.0% |
| Trade debts | 44 | €8,184 | €3,699 | -€4,485 | -54.8% |
| Suppliers | 440/4 | €8,184 | €3,699 | -€4,485 | -54.8% |
| Taxes, remuneration and social security | 45 | €29,619 | €50,668 | +€21,049 | +71.1% |
| Taxes | 450/3 | €29,619 | €50,668 | +€21,049 | +71.1% |
| Other amounts payable | 47/48 | €35,000 | €42,000 | +€7,000 | +20.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,610 | €3,656 | +€46 | +1.3% |
| Other operating charges | 640/8 | €1,917 | €2,494 | +€578 | +30.1% |
| Gross operating margin | 9900 | €70,117 | €103,834 | +€33,716 | +48.1% |
| Operating profit (loss) | 9901 | €64,590 | €97,683 | +€33,093 | +51.2% |
| Financial income | 75/76B | €4,142 | €4,591 | +€448 | +10.8% |
| Recurring financial income | 75 | €4,142 | €4,591 | +€448 | +10.8% |
| Financial charges | 65/66B | €3,381 | €3,245 | -€135 | -4.0% |
| Recurring financial charges | 65 | €3,381 | €3,245 | -€135 | -4.0% |
| Profit (loss) for the period before taxes | 9903 | €65,352 | €99,028 | +€33,676 | +51.5% |
| Income taxes | 67/77 | €13,034 | €23,082 | +€10,048 | +77.1% |
| Profit (loss) for the period | 9904 | €52,317 | €75,946 | +€23,629 | +45.2% |
| Profit (loss) for the period to be appropriated | 9905 | €52,317 | €75,946 | +€23,629 | +45.2% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 2 October 2026 via checked.be.