CAPIAU RECYCLING: what changed
What changed
CAPIAU RECYCLING
NACE 46.872, Wholesale trade
filed annual accounts (NBB)
Net result for the year
€52,343
2024 · €93,072-€40,729
Equity
€1.7m
2024 · €1.6m+€52,343
Cash
€732,308
2024 · €1.2m-€455,830
Balance sheet total
€16.5m
2024 · €9.1m+€7.4m
Largest movements
Assets
- Tangible fixed assets +€6.6m
up €6.6m (+155%), from €4.3m to €10.8m
of which Plant, machinery and equipment: +€6.9m
- Stocks and contracts +€1.2m
up €1.2m (+40.8%), from €3.0m to €4.3m
- Cash -€455,830
down €455,830 (-38.4%), from €1.2m to €732,308
mainly Investment in fixed assets (net) (-€7.1m) and Stocks and contracts (-€1.2m)
Equity and liabilities
- Debts after one year +€6.4m
up €6.4m (+236%), from €2.7m to €9.0m
- Short-term financial debts +€1.0m
up €1.0m (+80.0%), from €1.3m to €2.3m
- Current portion of long-term debt +€376,246
up €376,246 (+83.7%), from €449,514 to €825,760
- Trade debts -€365,811
down €365,811 (-12.4%), from €2.9m to €2.6m
Income statement
- Turnover +€13.9m
new in 2025: €13.9m
- Goods and materials +€12.5m
new in 2025: €12.5m
of which Purchases: +€13.7m
- Gross operating margin -€828,940
no longer reported in 2025 (was €828,940)
- Services and other goods +€613,775
new in 2025: €613,775
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
€93,072
Turnover
+€13.9m
Other operating income
+€30,448
Goods and materials
-€12.5m
Services and other goods
-€613,775
Staff costs
-€75,373
Depreciation
-€15,847
Other operating charges
+€40,774
Other operating items
-€719,680
Financial income
+€207
Financial charges
-€56,225
Taxes
+€8,550
Result 2025
€52,343
raises the resultlowers the resultnot broken down further in the accounts
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
-€1.1m
Investment
-€7.1m
Financing
+€7.7m
Cash 2024
€1.2m
From operations (derived)
-€1.1m
Net result for the year
+€52,343
Depreciation
+€498,680
Stocks and contracts
-€1.2m
Receivables within one year
-€29,589
Smaller working-capital items
-€6,591
Trade debts
-€365,811
Investment (derived)
-€7.1m
Investment in fixed assets (net)
-€7.1m
Financing
+€7.7m
Debts after one year
+€6.4m
Current portion of long-term debt
+€376,246
Short-term financial debts
+€1.0m
Cash 2025
€732,308
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €9,062,457 | €16,472,921 | +€7.4m | +81.8% |
| Fixed assets | 21/28 | €4,251,498 | €10,842,928 | +€6.6m | +155% |
| Intangible fixed assets | 21 | €636 | €0 | -€636 | -100% |
| Tangible fixed assets | 22/27 | €4,250,862 | €10,842,928 | +€6.6m | +155% |
| Land and buildings | 22 | €1,651,744 | €1,535,977 | -€115,767 | -7.0% |
| Plant, machinery and equipment | 23 | €617,145 | €7,490,979 | +€6.9m | +1,114% |
| Furniture and vehicles | 24 | €138,732 | €191,478 | +€52,746 | +38.0% |
| Leasing and similar rights | 25 | €1,843,241 | €1,624,494 | -€218,747 | -11.9% |
| Current assets | 29/58 | €4,810,960 | €5,629,994 | +€819,034 | +17.0% |
| Stocks and contracts in progress | 3 | €3,047,643 | €4,290,500 | +€1.2m | +40.8% |
| Stocks | 30/36 | €3,047,643 | €4,290,500 | +€1.2m | +40.8% |
| Raw materials and consumables | 30/31 | - | €4,290,500 | +€4.3m | |
| Amounts receivable within one year | 40/41 | €552,075 | €581,664 | +€29,589 | +5.4% |
| Trade receivables | 40 | €512,336 | €531,845 | +€19,509 | +3.8% |
| Other amounts receivable | 41 | €39,738 | €49,819 | +€10,080 | +25.4% |
| Cash at bank and in hand | 54/58 | €1,188,138 | €732,308 | -€455,830 | -38.4% |
| Deferred charges and accrued income | 490/1 | €23,104 | €25,521 | +€2,417 | +10.5% |
| Total equity and liabilities | 10/49 | €9,062,457 | €16,472,921 | +€7.4m | +81.8% |
| Equity | 10/15 | €1,615,170 | €1,667,513 | +€52,343 | +3.2% |
| Contributions | 10/11 | €273,900 | €273,900 | = | 0.0% |
| Capital | 10 | €273,900 | €273,900 | = | 0.0% |
| Issued capital | 100 | €273,900 | €273,900 | = | 0.0% |
| Reserves | 13 | €1,341,270 | €1,393,613 | +€52,343 | +3.9% |
| Non-distributable reserves | 130/1 | €27,390 | €27,390 | = | 0.0% |
| Legal reserve | 130 | €27,390 | €27,390 | = | 0.0% |
| Tax-exempt reserves | 132 | €56,250 | €56,250 | = | 0.0% |
| Distributable reserves | 133 | €1,257,630 | €1,309,973 | +€52,343 | +4.2% |
| Amounts payable | 17/49 | €7,447,288 | €14,805,409 | +€7.4m | +98.8% |
| Amounts payable after more than one year | 17 | €2,687,085 | €9,038,945 | +€6.4m | +236% |
| Financial debts | 170/4 | €2,687,085 | €9,038,945 | +€6.4m | +236% |
| Leasing and similar obligations | 172 | - | €1,149,176 | +€1.1m | |
| Credit institutions | 173 | - | €7,889,769 | +€7.9m | |
| Amounts payable within one year | 42/48 | €4,749,980 | €5,754,980 | +€1.0m | +21.2% |
| Current portion of amounts payable after more than one year | 42 | €449,514 | €825,760 | +€376,246 | +83.7% |
| Financial debts | 43 | €1,250,000 | €2,250,000 | +€1.0m | +80.0% |
| Credit institutions | 430/8 | €1,250,000 | €2,250,000 | +€1.0m | +80.0% |
| Trade debts | 44 | €2,946,457 | €2,580,646 | -€365,811 | -12.4% |
| Suppliers | 440/4 | €2,946,457 | €2,580,646 | -€365,811 | -12.4% |
| Taxes, remuneration and social security | 45 | €22,894 | €25,600 | +€2,706 | +11.8% |
| Taxes | 450/3 | €16,881 | €6,965 | -€9,916 | -58.7% |
| Remuneration and social security | 454/9 | €6,014 | €18,635 | +€12,621 | +210% |
| Other amounts payable | 47/48 | €81,114 | €72,974 | -€8,140 | -10.0% |
| Accrued charges and deferred income | 492/3 | €10,223 | €11,483 | +€1,261 | +12.3% |
| Operating income | 70/76A | - | €13,993,471 | +€14.0m | |
| Turnover | 70 | - | €13,853,763 | +€13.9m | |
| Other operating income | 74 | - | €30,448 | +€30,448 | |
| Non-recurring operating income | 76A | €25,207 | €109,260 | +€84,054 | +333% |
| Operating charges | 60/66A | - | €13,751,011 | +€13.8m | |
| Goods for resale, raw materials and consumables | 60 | - | €12,493,570 | +€12.5m | |
| Purchases | 600/8 | - | €13,736,427 | +€13.7m | |
| Change in stocks: decrease (increase) | 609 | - | -€1,242,858 | -€1.2m | |
| Services and other goods | 61 | - | €613,775 | +€613,775 | |
| Remuneration, social security and pensions | 62 | €60,919 | €136,292 | +€75,373 | +124% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €482,832 | €498,680 | +€15,847 | +3.3% |
| Other operating charges | 640/8 | €49,468 | €8,694 | -€40,774 | -82.4% |
| Gross operating margin | 9900 | €828,940 | - | -€828,940 | |
| Operating profit (loss) | 9901 | €235,721 | €242,460 | +€6,739 | +2.9% |
| Financial income | 75/76B | €38 | €245 | +€207 | +539% |
| Recurring financial income | 75 | €38 | €245 | +€207 | +539% |
| Other financial income | 752/9 | - | €245 | +€245 | |
| Financial charges | 65/66B | €130,284 | €186,510 | +€56,225 | +43.2% |
| Recurring financial charges | 65 | €130,284 | €186,510 | +€56,225 | +43.2% |
| Debt charges | 650 | - | €167,979 | +€167,979 | |
| Other financial charges | 652/9 | - | €18,531 | +€18,531 | |
| Profit (loss) for the period before taxes | 9903 | €105,475 | €56,196 | -€49,279 | -46.7% |
| Transfer from deferred taxes | 780 | €0 | - | = | |
| Income taxes | 67/77 | €12,403 | €3,853 | -€8,550 | -68.9% |
| Taxes | 670/3 | - | €3,853 | +€3,853 | |
| Profit (loss) for the period | 9904 | €93,072 | €52,343 | -€40,729 | -43.8% |
| Transfer from tax-exempt reserves | 789 | €0 | - | = | |
| Profit (loss) for the period to be appropriated | 9905 | €93,072 | €52,343 | -€40,729 | -43.8% |
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 2 November 2026 via checked.be.