CAPIMVEST: 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.
CAPIMVEST
Largest movements
- Cash -€603,074
down €603,074 (-69.5%), from €867,357 to €264,283
mainly Receivables within one year (-€322,961) and Trade debts (-€283,325)
- Receivables within one year +€322,961
up €322,961 (+65.3%), from €494,658 to €817,619
of which Trade receivables: +€396,491
- Trade debts -€283,325
down €283,325 (-27.1%), from €1.0m to €763,473
- Staff costs -€162,818
down €162,818 (-14.7%), from €1.1m to €948,452
- Gross operating margin -€152,818
down €152,818 (-13.5%), from €1.1m to €975,331
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 | €1,374,265 | €1,094,152 | -€280,113 | -20.4% |
| Fixed assets | 21/28 | €12,250 | €12,250 | = | 0.0% |
| Financial fixed assets | 28 | €12,250 | €12,250 | = | 0.0% |
| Current assets | 29/58 | €1,362,015 | €1,081,902 | -€280,113 | -20.6% |
| Amounts receivable within one year | 40/41 | €494,658 | €817,619 | +€322,961 | +65.3% |
| Trade receivables | 40 | €415,446 | €811,937 | +€396,491 | +95.4% |
| Other amounts receivable | 41 | €79,212 | €5,682 | -€73,530 | -92.8% |
| Cash at bank and in hand | 54/58 | €867,357 | €264,283 | -€603,074 | -69.5% |
| Total equity and liabilities | 10/49 | €1,374,265 | €1,094,152 | -€280,113 | -20.4% |
| Equity | 10/15 | €235,629 | €234,266 | -€1,363 | -0.6% |
| Contributions | 10/11 | €65,000 | €65,000 | = | 0.0% |
| Capital | 10 | €65,000 | €65,000 | = | 0.0% |
| Issued capital | 100 | €65,000 | €65,000 | = | 0.0% |
| Reserves | 13 | €170,254 | €168,891 | -€1,363 | -0.8% |
| Non-distributable reserves | 130/1 | €6,500 | €6,500 | = | 0.0% |
| Legal reserve | 130 | €6,500 | €6,500 | = | 0.0% |
| Distributable reserves | 133 | €163,754 | €162,391 | -€1,363 | -0.8% |
| Profit (loss) carried forward | 14 | €375 | €375 | = | 0.0% |
| Amounts payable | 17/49 | €1,138,635 | €859,886 | -€278,749 | -24.5% |
| Amounts payable within one year | 42/48 | €1,138,635 | €859,886 | -€278,749 | -24.5% |
| Trade debts | 44 | €1,046,798 | €763,473 | -€283,325 | -27.1% |
| Suppliers | 440/4 | €1,046,798 | €763,473 | -€283,325 | -27.1% |
| Taxes, remuneration and social security | 45 | €91,838 | €96,413 | +€4,576 | +5.0% |
| Taxes | 450/3 | - | €12,231 | +€12,231 | |
| Remuneration and social security | 454/9 | €91,838 | €84,182 | -€7,655 | -8.3% |
| Remuneration, social security and pensions | 62 | €1,111,269 | €948,452 | -€162,818 | -14.7% |
| Other operating charges | 640/8 | - | €968 | +€968 | |
| Gross operating margin | 9900 | €1,128,149 | €975,331 | -€152,818 | -13.5% |
| Operating profit (loss) | 9901 | €16,880 | €25,912 | +€9,032 | +53.5% |
| Financial income | 75/76B | €897 | €3,902 | +€3,005 | +334.9% |
| Recurring financial income | 75 | €897 | €3,902 | +€3,005 | +334.9% |
| Financial charges | 65/66B | €922 | €3,169 | +€2,247 | +243.6% |
| Recurring financial charges | 65 | €922 | €3,169 | +€2,247 | +243.6% |
| Profit (loss) for the period before taxes | 9903 | €16,855 | €26,645 | +€9,790 | +58.1% |
| Income taxes | 67/77 | €15,131 | €15,252 | +€121 | +0.8% |
| Profit (loss) for the period | 9904 | €1,724 | €11,393 | +€9,669 | +560.9% |
| Profit (loss) for the period to be appropriated | 9905 | €1,724 | €11,393 | +€9,669 | +560.9% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 12 October 2026 via checked.be.