CAPITAL BIEN ETRE: what changed
CAPITAL BIEN ETRE
Largest movements
- Receivables within one year -€34,880
down €34,880 (-20.7%), from €168,831 to €133,950
of which Trade receivables: -€34,227
- Tangible fixed assets -€19,103
down €19,103 (-28.1%), from €67,933 to €48,830
of which Other tangible fixed assets: -€12,235
- Cash +€11,637
up €11,637 (+31.6%), from €36,880 to €48,517
mainly Other debts (+€39,212) and Receivables within one year (+€34,880)
- Reserves -€41,086
down €41,086 (-25.9%), from €158,836 to €117,750
of which Distributable reserves: -€41,086
- Other debts +€39,212
up €39,212 (+63.9%), from €61,364 to €100,576
- Advances received -€28,275
down €28,275 (-100%), from €28,275 to €0
- Trade debts -€13,613
down €13,613 (-89.0%), from €15,295 to €1,682
- Gross operating margin +€53,418
up €53,418 (+93.9%), from -€56,869 to -€3,451
- Staff costs +€6,858
up €6,858 (+91.1%), from €7,526 to €14,384
- Other operating charges -€2,332
down €2,332 (-52.9%), from €4,409 to €2,077
- Taxes +€598
up €598, from €0 to €598
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €282,816 | €241,741 | -€41,075 | -14.5% |
| Fixed assets | 21/28 | €72,012 | €52,131 | -€19,882 | -27.6% |
| Intangible fixed assets | 21 | €3,015 | €2,236 | -€779 | -25.8% |
| Tangible fixed assets | 22/27 | €67,933 | €48,830 | -€19,103 | -28.1% |
| Plant, machinery and equipment | 23 | €11,084 | €7,260 | -€3,824 | -34.5% |
| Furniture and vehicles | 24 | €21,102 | €18,059 | -€3,043 | -14.4% |
| Other tangible fixed assets | 26 | €35,747 | €23,512 | -€12,235 | -34.2% |
| Financial fixed assets | 28 | €1,065 | €1,065 | = | 0.0% |
| Current assets | 29/58 | €210,804 | €189,610 | -€21,194 | -10.1% |
| Stocks and contracts in progress | 3 | €4,887 | €5,524 | +€638 | +13.0% |
| Stocks | 30/36 | €4,887 | €5,524 | +€638 | +13.0% |
| Amounts receivable within one year | 40/41 | €168,831 | €133,950 | -€34,880 | -20.7% |
| Trade receivables | 40 | €34,390 | €163 | -€34,227 | -99.5% |
| Other amounts receivable | 41 | €134,441 | €133,788 | -€653 | -0.5% |
| Cash at bank and in hand | 54/58 | €36,880 | €48,517 | +€11,637 | +31.6% |
| Deferred charges and accrued income | 490/1 | €206 | €1,618 | +€1,412 | +684% |
| Total equity and liabilities | 10/49 | €282,816 | €241,741 | -€41,075 | -14.5% |
| Equity | 10/15 | €177,436 | €136,350 | -€41,086 | -23.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €158,836 | €117,750 | -€41,086 | -25.9% |
| 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 | €14,700 | €14,700 | = | 0.0% |
| Distributable reserves | 133 | €142,276 | €101,190 | -€41,086 | -28.9% |
| Amounts payable | 17/49 | €105,380 | €105,391 | +€11 | 0.0% |
| Amounts payable within one year | 42/48 | €105,380 | €105,391 | +€11 | 0.0% |
| Financial debts | 43 | €0 | - | = | |
| Credit institutions | 430/8 | €0 | - | = | |
| Trade debts | 44 | €15,295 | €1,682 | -€13,613 | -89.0% |
| Suppliers | 440/4 | €15,295 | €1,682 | -€13,613 | -89.0% |
| Advances received on contracts in progress | 46 | €28,275 | €0 | -€28,275 | -100% |
| Taxes, remuneration and social security | 45 | €446 | €3,133 | +€2,687 | +603% |
| Taxes | 450/3 | €349 | €1,693 | +€1,344 | +385% |
| Remuneration and social security | 454/9 | €96 | €1,440 | +€1,344 | +1,393% |
| Other amounts payable | 47/48 | €61,364 | €100,576 | +€39,212 | +63.9% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Remuneration, social security and pensions | 62 | €7,526 | €14,384 | +€6,858 | +91.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €19,454 | €19,882 | +€427 | +2.2% |
| Other operating charges | 640/8 | €4,409 | €2,077 | -€2,332 | -52.9% |
| Gross operating margin | 9900 | -€56,869 | -€3,451 | +€53,418 | +93.9% |
| Operating profit (loss) | 9901 | -€88,258 | -€39,794 | +€48,465 | +54.9% |
| Financial income | 75/76B | €0 | €133 | +€133 | |
| Recurring financial income | 75 | €0 | €133 | +€133 | |
| Financial charges | 65/66B | €437 | €828 | +€391 | +89.4% |
| Recurring financial charges | 65 | €437 | €828 | +€391 | +89.4% |
| Profit (loss) for the period before taxes | 9903 | -€88,695 | -€40,488 | +€48,207 | +54.4% |
| Income taxes | 67/77 | €0 | €598 | +€598 | |
| Profit (loss) for the period | 9904 | -€88,695 | -€41,086 | +€47,609 | +53.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€88,695 | -€41,086 | +€47,609 | +53.7% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 1 November 2026 via checked.be.