CAPITOL 17: 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.
CAPITOL 17
Largest movements
- Receivables within one year -€5,995
down €5,995 (-85.9%), from €6,975 to €980
of which Other amounts receivable: -€5,995
- Cash -€116
down €116 (-94.3%), from €123 to €7
mainly Trade debts (-€4,241) and Net result for the year (-€1,190)
- Trade debts -€4,241
no longer reported in 2025 (was €4,241)
- Profit (loss) carried forward -€1,190
down €1,190 (-4.7%), from -€25,096 to -€26,286
- Other debts -€680
down €680 (-2.5%), from €26,953 to €26,273
- Gross operating margin +€27,980
up €27,980 (+95.1%), from -€29,425 to -€1,445
- Taxes -€412
new in 2025: -€412
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 | €7,098 | €987 | -€6,111 | -86.1% |
| Current assets | 29/58 | €7,098 | €987 | -€6,111 | -86.1% |
| Amounts receivable within one year | 40/41 | €6,975 | €980 | -€5,995 | -85.9% |
| Trade receivables | 40 | €949 | €949 | = | 0.0% |
| Other amounts receivable | 41 | €6,026 | €31 | -€5,995 | -99.5% |
| Cash at bank and in hand | 54/58 | €123 | €7 | -€116 | -94.3% |
| Total equity and liabilities | 10/49 | €7,098 | €987 | -€6,111 | -86.1% |
| Equity | 10/15 | -€24,096 | -€25,286 | -€1,190 | -4.9% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Capital | 10 | €1,000 | €1,000 | = | 0.0% |
| Issued capital | 100 | €1,000 | €1,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€25,096 | -€26,286 | -€1,190 | -4.7% |
| Amounts payable | 17/49 | €31,194 | €26,273 | -€4,921 | -15.8% |
| Amounts payable within one year | 42/48 | €31,194 | €26,273 | -€4,921 | -15.8% |
| Trade debts | 44 | €4,241 | - | -€4,241 | |
| Suppliers | 440/4 | €4,241 | - | -€4,241 | |
| Other amounts payable | 47/48 | €26,953 | €26,273 | -€680 | -2.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €250 | - | -€250 | |
| Gross operating margin | 9900 | -€29,425 | -€1,445 | +€27,980 | +95.1% |
| Operating profit (loss) | 9901 | -€29,675 | -€1,445 | +€28,230 | +95.1% |
| Financial charges | 65/66B | €169 | €157 | -€12 | -7.1% |
| Recurring financial charges | 65 | €169 | €157 | -€12 | -7.1% |
| Profit (loss) for the period before taxes | 9903 | -€29,844 | -€1,602 | +€28,242 | +94.6% |
| Income taxes | 67/77 | - | -€412 | -€412 | |
| Profit (loss) for the period | 9904 | -€29,844 | -€1,190 | +€28,654 | +96.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€29,844 | -€1,190 | +€28,654 | +96.0% |
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 9 October 2026 via checked.be.