CAPITALL LAND: 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.
CAPITALL LAND
Largest movements
- Stocks and contracts -€10.9m
down €10.9m (-100.0%), from €10.9m to €0
- Receivables within one year -€620,698
down €620,698 (-20.1%), from €3.1m to €2.5m
of which Trade receivables: -€350,779
- Cash +€588,462
up €588,462 (+454.5%), from €129,471 to €717,933
mainly Stocks and contracts (+€10.9m) and Net result for the year (+€849,285)
- Short-term financial debts -€9.0m
down €9.0m (-100.0%), from €9.0m to €0
- Other debts -€914,162
down €914,162 (-26.6%), from €3.4m to €2.5m
- Tax, wage and social debts -€863,074
down €863,074 (-98.4%), from €877,470 to €14,396
- Reserves -€586,552
down €586,552 (-100.0%), from €586,552 to €0
- Accrued charges and deferred income +€253,413
up €253,413, from €0 to €253,413
- Gross operating margin +€1.1m
up €1.1m (+231.5%), from €494,571 to €1.6m
- Financial charges +€411,148
up €411,148 (+447.8%), from €91,811 to €502,958
- Taxes +€285,694
up €285,694, from €0 to €285,694
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 | €14,129,389 | €3,200,472 | -€10.9m | -77.3% |
| Fixed assets | 21/28 | - | €20,000 | +€20,000 | |
| Financial fixed assets | 28 | - | €20,000 | +€20,000 | |
| Current assets | 29/58 | €14,129,389 | €3,180,472 | -€10.9m | -77.5% |
| Stocks and contracts in progress | 3 | €10,916,681 | €0 | -€10.9m | -100.0% |
| Stocks | 30/36 | €10,916,681 | €0 | -€10.9m | -100.0% |
| Amounts receivable within one year | 40/41 | €3,083,237 | €2,462,539 | -€620,698 | -20.1% |
| Trade receivables | 40 | €354,921 | €4,142 | -€350,779 | -98.8% |
| Other amounts receivable | 41 | €2,728,316 | €2,458,396 | -€269,920 | -9.9% |
| Cash at bank and in hand | 54/58 | €129,471 | €717,933 | +€588,462 | +454.5% |
| Total equity and liabilities | 10/49 | €14,129,389 | €3,200,472 | -€10.9m | -77.3% |
| Equity | 10/15 | €590,152 | €3,600 | -€586,552 | -99.4% |
| Contributions | 10/11 | €3,600 | €3,600 | = | 0.0% |
| Reserves | 13 | €586,552 | €0 | -€586,552 | -100.0% |
| Distributable reserves | 133 | €586,552 | €0 | -€586,552 | -100.0% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €13,539,237 | €3,196,872 | -€10.3m | -76.4% |
| Amounts payable after more than one year | 17 | €0 | €200,000 | +€200,000 | |
| Financial debts | 170/4 | €0 | €200,000 | +€200,000 | |
| Amounts payable within one year | 42/48 | €13,539,237 | €2,743,459 | -€10.8m | -79.7% |
| Current portion of amounts payable after more than one year | 42 | €150,480 | €171,189 | +€20,709 | +13.8% |
| Financial debts | 43 | €8,966,770 | €0 | -€9.0m | -100.0% |
| Credit institutions | 430/8 | €8,966,770 | €0 | -€9.0m | -100.0% |
| Trade debts | 44 | €112,275 | €39,793 | -€72,481 | -64.6% |
| Suppliers | 440/4 | €112,275 | €39,793 | -€72,481 | -64.6% |
| Advances received on contracts in progress | 46 | €0 | - | = | |
| Taxes, remuneration and social security | 45 | €877,470 | €14,396 | -€863,074 | -98.4% |
| Taxes | 450/3 | €877,470 | €14,396 | -€863,074 | -98.4% |
| Other amounts payable | 47/48 | €3,432,243 | €2,518,081 | -€914,162 | -26.6% |
| Accrued charges and deferred income | 492/3 | €0 | €253,413 | +€253,413 | |
| Other operating charges | 640/8 | €10,302 | €1,504 | -€8,798 | -85.4% |
| Non-recurring operating charges | 66A | €439,005 | €0 | -€439,005 | -100.0% |
| Gross operating margin | 9900 | €494,571 | €1,639,439 | +€1.1m | +231.5% |
| Operating profit (loss) | 9901 | €45,264 | €1,637,936 | +€1.6m | +3518.6% |
| Financial income | 75/76B | €760 | €1 | -€759 | -99.8% |
| Recurring financial income | 75 | €760 | €1 | -€759 | -99.8% |
| Financial charges | 65/66B | €91,811 | €502,958 | +€411,148 | +447.8% |
| Recurring financial charges | 65 | €91,811 | €502,958 | +€411,148 | +447.8% |
| Profit (loss) for the period before taxes | 9903 | -€45,786 | €1,134,979 | +€1.2m | |
| Income taxes | 67/77 | €0 | €285,694 | +€285,694 | |
| Profit (loss) for the period | 9904 | -€45,786 | €849,285 | +€895,072 | |
| Profit (loss) for the period to be appropriated | 9905 | -€45,786 | €849,285 | +€895,072 |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.