CAPITOLIUM: 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.
CAPITOLIUM
Largest movements
- Tangible fixed assets -€15,252
down €15,252 (-3.1%), from €490,564 to €475,311
- Other debts +€50,000
up €50,000 (+862.3%), from €5,799 to €55,799
- Debts after one year -€31,155
down €31,155 (-8.6%), from €364,029 to €332,874
- Profit (loss) carried forward -€26,110
down €26,110 (-58.8%), from €44,413 to €18,304
- Reserves -€9,599
down €9,599 (-3.4%), from €278,953 to €269,354
of which Tax-exempt reserves: -€9,599
- Gross operating margin -€1,809
down €1,809 (-5.6%), from €32,020 to €30,212
- Financial income -€978
down €978 (-7.0%), from €14,010 to €13,032
- Financial charges -€787
down €787 (-13.8%), from €5,719 to €4,933
- Taxes -€693
down €693 (-7.4%), from €9,390 to €8,697
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 | €945,370 | €923,258 | -€22,112 | -2.3% |
| Fixed assets | 21/28 | €490,564 | €475,311 | -€15,252 | -3.1% |
| Tangible fixed assets | 22/27 | €490,564 | €475,311 | -€15,252 | -3.1% |
| Land and buildings | 22 | €490,564 | €475,311 | -€15,252 | -3.1% |
| Current assets | 29/58 | €454,806 | €447,947 | -€6,860 | -1.5% |
| Amounts receivable within one year | 40/41 | €449,948 | €442,979 | -€6,969 | -1.5% |
| Other amounts receivable | 41 | €449,948 | €442,979 | -€6,969 | -1.5% |
| Cash at bank and in hand | 54/58 | €259 | €367 | +€109 | +42.1% |
| Deferred charges and accrued income | 490/1 | €4,600 | €4,600 | = | 0.0% |
| Total equity and liabilities | 10/49 | €945,370 | €923,258 | -€22,112 | -2.3% |
| Equity | 10/15 | €385,366 | €349,657 | -€35,709 | -9.3% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €278,953 | €269,354 | -€9,599 | -3.4% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Tax-exempt reserves | 132 | €272,753 | €263,154 | -€9,599 | -3.5% |
| Profit (loss) carried forward | 14 | €44,413 | €18,304 | -€26,110 | -58.8% |
| Provisions and deferred taxes | 16 | €140,509 | €135,564 | -€4,945 | -3.5% |
| Deferred taxes | 168 | €140,509 | €135,564 | -€4,945 | -3.5% |
| Amounts payable | 17/49 | €419,495 | €438,036 | +€18,542 | +4.4% |
| Amounts payable after more than one year | 17 | €364,029 | €332,874 | -€31,155 | -8.6% |
| Financial debts | 170/4 | €364,029 | €332,874 | -€31,155 | -8.6% |
| Amounts payable within one year | 42/48 | €55,465 | €105,162 | +€49,697 | +89.6% |
| Current portion of amounts payable after more than one year | 42 | €30,786 | €31,155 | +€369 | +1.2% |
| Financial debts | 43 | €0 | - | = | |
| Credit institutions | 430/8 | €0 | - | = | |
| Trade debts | 44 | €377 | €122 | -€255 | -67.6% |
| Suppliers | 440/4 | €377 | €122 | -€255 | -67.6% |
| Taxes, remuneration and social security | 45 | €18,504 | €18,086 | -€418 | -2.3% |
| Taxes | 450/3 | €18,504 | €18,086 | -€418 | -2.3% |
| Other amounts payable | 47/48 | €5,799 | €55,799 | +€50,000 | +862.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,252 | €15,252 | = | 0.0% |
| Other operating charges | 640/8 | €4,862 | €5,015 | +€153 | +3.1% |
| Gross operating margin | 9900 | €32,020 | €30,212 | -€1,809 | -5.6% |
| Operating profit (loss) | 9901 | €11,906 | €9,944 | -€1,961 | -16.5% |
| Financial income | 75/76B | €14,010 | €13,032 | -€978 | -7.0% |
| Recurring financial income | 75 | €14,010 | €13,032 | -€978 | -7.0% |
| Financial charges | 65/66B | €5,719 | €4,933 | -€787 | -13.8% |
| Recurring financial charges | 65 | €5,719 | €4,933 | -€787 | -13.8% |
| Profit (loss) for the period before taxes | 9903 | €20,196 | €18,043 | -€2,153 | -10.7% |
| Transfer from deferred taxes | 780 | €4,849 | €4,945 | +€96 | +2.0% |
| Income taxes | 67/77 | €9,390 | €8,697 | -€693 | -7.4% |
| Profit (loss) for the period | 9904 | €15,655 | €14,291 | -€1,364 | -8.7% |
| Transfer from tax-exempt reserves | 789 | €9,412 | €9,599 | +€187 | +2.0% |
| Profit (loss) for the period to be appropriated | 9905 | €25,068 | €23,890 | -€1,177 | -4.7% |
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 10 October 2026 via checked.be.