Capital-E II Partners: 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.
Capital-E II Partners
Largest movements
- Financial fixed assets -€670,602
down €670,602 (-88.3%), from €759,322 to €88,721
- Cash -€116,258
down €116,258 (-96.6%), from €120,350 to €4,092
mainly Net result for the year (-€603,584) and Accrued charges and deferred income (-€112,011)
- Receivables within one year -€18,163
down €18,163 (-94.3%), from €19,267 to €1,104
of which Other amounts receivable: -€18,163
- Profit (loss) carried forward -€603,584
down €603,584, from €116,219 to -€487,365
- Accrued charges and deferred income -€112,011
down €112,011 (-47.7%), from €234,716 to €122,705
- Trade debts -€89,428
down €89,428 (-18.6%), from €480,355 to €390,926
- Financial charges +€595,013
up €595,013 (+103,708%), from €574 to €595,587
of which Non-recurring financial charges: +€595,057
- Gross operating margin -€4,051
down €4,051 (-143%), from -€2,827 to -€6,879
- Other operating charges -€835
down €835 (-42.7%), from €1,954 to €1,118
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.
Derived cash bridge
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 | €898,939 | €93,916 | -€805,023 | -89.6% |
| Fixed assets | 21/28 | €759,322 | €88,721 | -€670,602 | -88.3% |
| Financial fixed assets | 28 | €759,322 | €88,721 | -€670,602 | -88.3% |
| Current assets | 29/58 | €139,617 | €5,196 | -€134,421 | -96.3% |
| Amounts receivable within one year | 40/41 | €19,267 | €1,104 | -€18,163 | -94.3% |
| Trade receivables | 40 | €757 | €757 | = | 0.0% |
| Other amounts receivable | 41 | €18,510 | €348 | -€18,163 | -98.1% |
| Cash at bank and in hand | 54/58 | €120,350 | €4,092 | -€116,258 | -96.6% |
| Total equity and liabilities | 10/49 | €898,939 | €93,916 | -€805,023 | -89.6% |
| Equity | 10/15 | €183,869 | -€419,715 | -€603,584 | |
| Contributions | 10/11 | €61,500 | €61,500 | = | 0.0% |
| Capital | 10 | €61,500 | €61,500 | = | 0.0% |
| Issued capital | 100 | €61,500 | €61,500 | = | 0.0% |
| Reserves | 13 | €6,150 | €6,150 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,150 | €6,150 | = | 0.0% |
| Legal reserve | 130 | €6,150 | €6,150 | = | 0.0% |
| Profit (loss) carried forward | 14 | €116,219 | -€487,365 | -€603,584 | |
| Amounts payable | 17/49 | €715,070 | €513,631 | -€201,439 | -28.2% |
| Amounts payable within one year | 42/48 | €480,355 | €390,926 | -€89,428 | -18.6% |
| Trade debts | 44 | €480,355 | €390,926 | -€89,428 | -18.6% |
| Suppliers | 440/4 | €480,355 | €390,926 | -€89,428 | -18.6% |
| Accrued charges and deferred income | 492/3 | €234,716 | €122,705 | -€112,011 | -47.7% |
| Other operating charges | 640/8 | €1,954 | €1,118 | -€835 | -42.7% |
| Gross operating margin | 9900 | -€2,827 | -€6,879 | -€4,051 | -143% |
| Operating profit (loss) | 9901 | -€4,781 | -€7,997 | -€3,216 | -67.3% |
| Financial income | 75/76B | €12 | €0 | -€12 | -99.9% |
| Recurring financial income | 75 | €12 | €0 | -€12 | -99.9% |
| Financial charges | 65/66B | €574 | €595,587 | +€595,013 | +103,708% |
| Recurring financial charges | 65 | €574 | €530 | -€44 | -7.6% |
| Non-recurring financial charges | 66B | - | €595,057 | +€595,057 | |
| Profit (loss) for the period before taxes | 9903 | -€5,343 | -€603,584 | -€598,241 | -11,197% |
| Profit (loss) for the period | 9904 | -€5,343 | -€603,584 | -€598,241 | -11,197% |
| Profit (loss) for the period to be appropriated | 9905 | -€5,343 | -€603,584 | -€598,241 | -11,197% |
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 27 October 2026 via checked.be.