CAPITAC: 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.
CAPITAC
Largest movements
- Cash +€59,075
up €59,075 (+615.0%), from €9,605 to €68,680
- Intangible fixed assets +€46,267
up €46,267 (+52.6%), from €87,964 to €134,231
- Receivables within one year +€5,189
up €5,189 (+25.5%), from €20,316 to €25,505
of which Other amounts receivable: +€5,189
- Contributions +€80,000
up €80,000 (+430.1%), from €18,600 to €98,600
- Reserves +€19,590
up €19,590 (+584.7%), from €3,351 to €22,941
- Trade debts +€8,027
up €8,027 (+23225.0%), from €35 to €8,061
- Gross operating margin -€35,818
down €35,818 (-52.7%), from €67,977 to €32,158
- Staff costs -€20,848
down €20,848 (-62.5%), from €33,378 to €12,530
- Taxes -€1,244
no longer reported in 2025 (was €1,244)
From the 30-09-2025 result to the 31-12-2025 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
A cash bridge needs two consecutive fiscal years: one year's result and depreciation cannot explain a change over several years. Pick two years that follow each other.
Every line side by side
| Line | Code | 30-09-2025 | 31-12-2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €117,885 | €228,417 | +€110,532 | +93.8% |
| Fixed assets | 21/28 | €87,964 | €134,231 | +€46,267 | +52.6% |
| Intangible fixed assets | 21 | €87,964 | €134,231 | +€46,267 | +52.6% |
| Current assets | 29/58 | €29,921 | €94,186 | +€64,265 | +214.8% |
| Amounts receivable within one year | 40/41 | €20,316 | €25,505 | +€5,189 | +25.5% |
| Trade receivables | 40 | €36 | €36 | = | 0.0% |
| Other amounts receivable | 41 | €20,280 | €25,469 | +€5,189 | +25.6% |
| Cash at bank and in hand | 54/58 | €9,605 | €68,680 | +€59,075 | +615.0% |
| Total equity and liabilities | 10/49 | €117,885 | €228,417 | +€110,532 | +93.8% |
| Equity | 10/15 | €21,951 | €121,541 | +€99,590 | +453.7% |
| Contributions | 10/11 | €18,600 | €98,600 | +€80,000 | +430.1% |
| Reserves | 13 | €3,351 | €22,941 | +€19,590 | +584.7% |
| Distributable reserves | 133 | €3,351 | €22,941 | +€19,590 | +584.7% |
| Amounts payable | 17/49 | €95,934 | €106,876 | +€10,942 | +11.4% |
| Amounts payable within one year | 42/48 | €95,934 | €106,852 | +€10,918 | +11.4% |
| Trade debts | 44 | €35 | €8,061 | +€8,027 | +23225.0% |
| Suppliers | 440/4 | €35 | €8,061 | +€8,027 | +23225.0% |
| Taxes, remuneration and social security | 45 | €7,633 | €8,491 | +€858 | +11.2% |
| Taxes | 450/3 | €1,243 | €1,243 | = | 0.0% |
| Remuneration and social security | 454/9 | €6,390 | €7,248 | +€858 | +13.4% |
| Other amounts payable | 47/48 | €88,267 | €90,300 | +€2,033 | +2.3% |
| Accrued charges and deferred income | 492/3 | - | €24 | +€24 | |
| Remuneration, social security and pensions | 62 | €33,378 | €12,530 | -€20,848 | -62.5% |
| Other operating charges | 640/8 | €149 | - | -€149 | |
| Gross operating margin | 9900 | €67,977 | €32,158 | -€35,818 | -52.7% |
| Operating profit (loss) | 9901 | €34,449 | €19,628 | -€14,821 | -43.0% |
| Financial income | 75/76B | €7 | - | -€7 | |
| Recurring financial income | 75 | €7 | - | -€7 | |
| Financial charges | 65/66B | €125 | €38 | -€87 | -69.9% |
| Recurring financial charges | 65 | €125 | €38 | -€87 | -69.9% |
| Profit (loss) for the period before taxes | 9903 | €34,331 | €19,590 | -€14,741 | -42.9% |
| Income taxes | 67/77 | €1,244 | - | -€1,244 | |
| Profit (loss) for the period | 9904 | €33,088 | €19,590 | -€13,497 | -40.8% |
| Profit (loss) for the period to be appropriated | 9905 | €33,088 | €19,590 | -€13,497 | -40.8% |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2025 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.