CAPITON: 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.
CAPITON
Largest movements
- Tangible fixed assets -€13,193
down €13,193 (-53.0%), from €24,891 to €11,699
of which Furniture and vehicles: -€6,926
- Cash -€2,039
down €2,039 (-5.0%), from €40,533 to €38,494
mainly Net result for the year (-€11,247) and Other debts (-€4,912)
- Stocks and contracts +€1,742
up €1,742 (+56.1%), from €3,105 to €4,847
- Receivables within one year -€755
down €755 (-14.1%), from €5,357 to €4,602
of which Trade receivables: -€554
- Reserves -€11,247
down €11,247 (-44.9%), from €25,024 to €13,777
- Other debts -€4,912
down €4,912 (-20.0%), from €24,607 to €19,696
- Accrued charges and deferred income +€2,250
up €2,250 (+100%), from €2,250 to €4,500
- Tax, wage and social debts -€1,301
no longer reported in 2025 (was €1,301)
of which Taxes: -€701
- Trade debts +€966
up €966 (+45.9%), from €2,104 to €3,070
- Gross operating margin -€23,352
down €23,352 (-93.2%), from €25,064 to €1,712
- Taxes -€3,150
no longer reported in 2025 (was €3,150)
- Depreciation +€289
up €289 (+2.4%), from €11,865 to €12,154
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 | €73,886 | €59,642 | -€14,244 | -19.3% |
| Fixed assets | 21/28 | €24,891 | €11,699 | -€13,193 | -53.0% |
| Tangible fixed assets | 22/27 | €24,891 | €11,699 | -€13,193 | -53.0% |
| Land and buildings | 22 | €5,463 | €4,097 | -€1,366 | -25.0% |
| Furniture and vehicles | 24 | €8,255 | €1,329 | -€6,926 | -83.9% |
| Other tangible fixed assets | 26 | €11,173 | €6,272 | -€4,901 | -43.9% |
| Current assets | 29/58 | €48,995 | €47,943 | -€1,051 | -2.1% |
| Stocks and contracts in progress | 3 | €3,105 | €4,847 | +€1,742 | +56.1% |
| Stocks | 30/36 | €3,105 | €4,847 | +€1,742 | +56.1% |
| Amounts receivable within one year | 40/41 | €5,357 | €4,602 | -€755 | -14.1% |
| Trade receivables | 40 | €1,533 | €980 | -€554 | -36.1% |
| Other amounts receivable | 41 | €3,824 | €3,623 | -€201 | -5.3% |
| Cash at bank and in hand | 54/58 | €40,533 | €38,494 | -€2,039 | -5.0% |
| Total equity and liabilities | 10/49 | €73,886 | €59,642 | -€14,244 | -19.3% |
| Equity | 10/15 | €43,624 | €32,377 | -€11,247 | -25.8% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €25,024 | €13,777 | -€11,247 | -44.9% |
| Distributable reserves | 133 | €25,024 | €13,777 | -€11,247 | -44.9% |
| Amounts payable | 17/49 | €30,263 | €27,265 | -€2,997 | -9.9% |
| Amounts payable within one year | 42/48 | €28,013 | €22,765 | -€5,247 | -18.7% |
| Trade debts | 44 | €2,104 | €3,070 | +€966 | +45.9% |
| Suppliers | 440/4 | €2,104 | €3,070 | +€966 | +45.9% |
| Taxes, remuneration and social security | 45 | €1,301 | - | -€1,301 | |
| Taxes | 450/3 | €701 | - | -€701 | |
| Remuneration and social security | 454/9 | €600 | - | -€600 | |
| Other amounts payable | 47/48 | €24,607 | €19,696 | -€4,912 | -20.0% |
| Accrued charges and deferred income | 492/3 | €2,250 | €4,500 | +€2,250 | +100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,865 | €12,154 | +€289 | +2.4% |
| Other operating charges | 640/8 | €681 | €702 | +€21 | +3.0% |
| Gross operating margin | 9900 | €25,064 | €1,712 | -€23,352 | -93.2% |
| Operating profit (loss) | 9901 | €12,518 | -€11,143 | -€23,661 | |
| Financial income | 75/76B | €238 | €48 | -€190 | -79.9% |
| Recurring financial income | 75 | €238 | €48 | -€190 | -79.9% |
| Financial charges | 65/66B | €236 | €152 | -€84 | -35.7% |
| Recurring financial charges | 65 | €236 | €152 | -€84 | -35.7% |
| Profit (loss) for the period before taxes | 9903 | €12,520 | -€11,247 | -€23,767 | |
| Income taxes | 67/77 | €3,150 | - | -€3,150 | |
| Profit (loss) for the period | 9904 | €9,370 | -€11,247 | -€20,617 | |
| Profit (loss) for the period to be appropriated | 9905 | €9,370 | -€11,247 | -€20,617 |
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 16 October 2026 via checked.be.