Capilano Circular Design Studio: 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.
Capilano Circular Design Studio
Largest movements
- Cash -€31,870
down €31,870 (-46.2%), from €69,008 to €37,138
mainly Net result for the year (-€80,649) and Trade debts (-€9,427)
- Profit (loss) carried forward -€80,649
down €80,649, from €32,884 to -€47,764
- Other debts +€43,780
up €43,780 (+244.8%), from €17,886 to €61,666
- Tax, wage and social debts +€14,638
up €14,638 (+677.2%), from €2,162 to €16,800
- Trade debts -€9,427
down €9,427 (-92.1%), from €10,232 to €805
- Gross operating margin -€113,123
down €113,123, from €33,373 to -€79,750
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 | €70,884 | €39,227 | -€31,657 | -44.7% |
| Fixed assets | 21/28 | €530 | €752 | +€222 | +41.8% |
| Tangible fixed assets | 22/27 | €530 | €752 | +€222 | +41.8% |
| Plant, machinery and equipment | 23 | €530 | €752 | +€222 | +41.8% |
| Current assets | 29/58 | €70,354 | €38,475 | -€31,879 | -45.3% |
| Amounts receivable within one year | 40/41 | €1,346 | €1,319 | -€28 | -2.0% |
| Trade receivables | 40 | €965 | €1,098 | +€133 | +13.8% |
| Other amounts receivable | 41 | €381 | €221 | -€161 | -42.1% |
| Cash at bank and in hand | 54/58 | €69,008 | €37,138 | -€31,870 | -46.2% |
| Deferred charges and accrued income | 490/1 | - | €18 | +€18 | |
| Total equity and liabilities | 10/49 | €70,884 | €39,227 | -€31,657 | -44.7% |
| Equity | 10/15 | €40,604 | -€40,044 | -€80,649 | |
| Contributions | 10/11 | €7,720 | €7,720 | = | 0.0% |
| Profit (loss) carried forward | 14 | €32,884 | -€47,764 | -€80,649 | |
| Amounts payable | 17/49 | €30,280 | €79,271 | +€48,991 | +161.8% |
| Amounts payable within one year | 42/48 | €30,280 | €79,271 | +€48,991 | +161.8% |
| Trade debts | 44 | €10,232 | €805 | -€9,427 | -92.1% |
| Suppliers | 440/4 | €10,232 | €805 | -€9,427 | -92.1% |
| Taxes, remuneration and social security | 45 | €2,162 | €16,800 | +€14,638 | +677.2% |
| Taxes | 450/3 | €2,162 | €16,800 | +€14,638 | +677.2% |
| Other amounts payable | 47/48 | €17,886 | €61,666 | +€43,780 | +244.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €382 | €465 | +€83 | +21.7% |
| Gross operating margin | 9900 | €33,373 | -€79,750 | -€113,123 | |
| Operating profit (loss) | 9901 | €32,990 | -€80,216 | -€113,206 | |
| Financial charges | 65/66B | €106 | €433 | +€327 | +308.7% |
| Recurring financial charges | 65 | €106 | €433 | +€327 | +308.7% |
| Profit (loss) for the period before taxes | 9903 | €32,884 | -€80,649 | -€113,533 | |
| Profit (loss) for the period | 9904 | €32,884 | -€80,649 | -€113,533 | |
| Profit (loss) for the period to be appropriated | 9905 | €32,884 | -€80,649 | -€113,533 |
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 12 October 2026 via checked.be.