Capitali: 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.
Capitali
Largest movements
- Cash +€10,652
up €10,652 (+268.4%), from €3,969 to €14,621
mainly Other debts (+€22,875) and Depreciation (+€8,077)
- Tangible fixed assets -€8,077
down €8,077 (-7.5%), from €107,054 to €98,977
of which Furniture and vehicles: -€4,506
- Other debts +€22,875
up €22,875 (+23.3%), from €98,086 to €120,961
- Profit (loss) carried forward -€15,589
down €15,589 (-18.3%), from -€85,142 to -€100,731
- Debts after one year -€9,423
down €9,423 (-15.7%), from €60,162 to €50,738
of which Financial debts: -€7,323
- Trade debts +€2,200
up €2,200 (+1015.0%), from €217 to €2,416
- Accrued charges and deferred income +€2,100
new in 2025: €2,100
- Turnover -€13,081
down €13,081 (-38.9%), from €33,638 to €20,557
- Purchases and services -€9,901
down €9,901 (-29.4%), from €33,675 to €23,774
- Gross operating margin -€3,180
down €3,180 (-8588.9%), from -€37 to -€3,218
- Other operating charges +€1,400
up €1,400 (+132.9%), from €1,054 to €2,454
- Financial charges +€718
up €718 (+70.4%), from €1,020 to €1,738
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 | €112,331 | €114,608 | +€2,277 | +2.0% |
| Fixed assets | 21/28 | €107,854 | €99,777 | -€8,077 | -7.5% |
| Tangible fixed assets | 22/27 | €107,054 | €98,977 | -€8,077 | -7.5% |
| Land and buildings | 22 | €96,673 | €93,101 | -€3,572 | -3.7% |
| Furniture and vehicles | 24 | €10,381 | €5,875 | -€4,506 | -43.4% |
| Financial fixed assets | 28 | €800 | €800 | = | 0.0% |
| Current assets | 29/58 | €4,477 | €14,831 | +€10,354 | +231.3% |
| Amounts receivable within one year | 40/41 | €508 | €210 | -€298 | -58.6% |
| Trade receivables | 40 | €250 | - | -€250 | |
| Other amounts receivable | 41 | €258 | €210 | -€48 | -18.6% |
| Cash at bank and in hand | 54/58 | €3,969 | €14,621 | +€10,652 | +268.4% |
| Total equity and liabilities | 10/49 | €112,331 | €114,608 | +€2,277 | +2.0% |
| Equity | 10/15 | -€53,342 | -€68,931 | -€15,589 | -29.2% |
| Contributions | 10/11 | €31,800 | €31,800 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€85,142 | -€100,731 | -€15,589 | -18.3% |
| Amounts payable | 17/49 | €165,673 | €183,539 | +€17,866 | +10.8% |
| Amounts payable after more than one year | 17 | €60,162 | €50,738 | -€9,423 | -15.7% |
| Financial debts | 170/4 | €58,062 | €50,738 | -€7,323 | -12.6% |
| Trade debts | 175 | €2,100 | - | -€2,100 | |
| Amounts payable within one year | 42/48 | €105,512 | €130,701 | +€25,189 | +23.9% |
| Current portion of amounts payable after more than one year | 42 | €7,209 | €7,323 | +€114 | +1.6% |
| Trade debts | 44 | €217 | €2,416 | +€2,200 | +1015.0% |
| Suppliers | 440/4 | €217 | €2,416 | +€2,200 | +1015.0% |
| Other amounts payable | 47/48 | €98,086 | €120,961 | +€22,875 | +23.3% |
| Accrued charges and deferred income | 492/3 | - | €2,100 | +€2,100 | |
| Turnover | 70 | €33,638 | €20,557 | -€13,081 | -38.9% |
| Goods, raw materials, services and sundry goods | 60/61 | €33,675 | €23,774 | -€9,901 | -29.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,077 | €8,077 | = | 0.0% |
| Other operating charges | 640/8 | €1,054 | €2,454 | +€1,400 | +132.9% |
| Gross operating margin | 9900 | -€37 | -€3,218 | -€3,180 | -8588.9% |
| Operating profit (loss) | 9901 | -€9,168 | -€13,749 | -€4,581 | -50.0% |
| Financial income | 75/76B | €1 | - | -€1 | |
| Recurring financial income | 75 | €1 | - | -€1 | |
| Financial charges | 65/66B | €1,020 | €1,738 | +€718 | +70.4% |
| Recurring financial charges | 65 | €1,020 | €1,738 | +€718 | +70.4% |
| Profit (loss) for the period before taxes | 9903 | -€10,187 | -€15,487 | -€5,300 | -52.0% |
| Income taxes | 67/77 | - | €102 | +€102 | |
| Profit (loss) for the period | 9904 | -€10,187 | -€15,589 | -€5,402 | -53.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€10,187 | -€15,589 | -€5,402 | -53.0% |
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 11 October 2026 via checked.be.