CAPITRIUM: 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.
CAPITRIUM
Largest movements
- Cash +€18,117
up €18,117 (+58.9%), from €30,762 to €48,879
mainly Net result for the year (+€31,513) and Depreciation (+€9,353)
- Intangible fixed assets -€8,520
down €8,520 (-20.0%), from €42,577 to €34,057
- Receivables within one year +€1,557
up €1,557 (+10.6%), from €14,645 to €16,202
of which Trade receivables: +€971
- Profit (loss) carried forward +€12,689
up €12,689 (+21.0%), from €60,463 to €73,152
- Short-term financial debts +€8,066
up €8,066 (+303.0%), from €2,662 to €10,728
- Debts after one year -€5,404
down €5,404 (-45.4%), from €11,902 to €6,498
- Tax, wage and social debts -€4,290
down €4,290 (-61.2%), from €7,008 to €2,717
of which Taxes: -€4,290
- Purchases and services +€94,073
new in 2025: €94,073
- Other operating charges -€6,984
down €6,984 (-48.3%), from €14,474 to €7,490
- Gross operating margin -€6,737
down €6,737 (-9.4%), from €71,943 to €65,206
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 | €92,801 | €103,132 | +€10,331 | +11.1% |
| Formation expenses | 20 | €0 | €0 | = | |
| Fixed assets | 21/28 | €46,166 | €36,813 | -€9,353 | -20.3% |
| Intangible fixed assets | 21 | €42,577 | €34,057 | -€8,520 | -20.0% |
| Tangible fixed assets | 22/27 | €3,484 | €2,651 | -€833 | -23.9% |
| Land and buildings | 22 | €2,179 | €1,841 | -€338 | -15.5% |
| Plant, machinery and equipment | 23 | €1,054 | €810 | -€244 | -23.2% |
| Furniture and vehicles | 24 | €251 | €0 | -€251 | -100.0% |
| Financial fixed assets | 28 | €105 | €105 | = | 0.0% |
| Current assets | 29/58 | €46,636 | €66,320 | +€19,684 | +42.2% |
| Amounts receivable within one year | 40/41 | €14,645 | €16,202 | +€1,557 | +10.6% |
| Trade receivables | 40 | €12,194 | €13,165 | +€971 | +8.0% |
| Other amounts receivable | 41 | €2,451 | €3,037 | +€586 | +23.9% |
| Cash at bank and in hand | 54/58 | €30,762 | €48,879 | +€18,117 | +58.9% |
| Deferred charges and accrued income | 490/1 | €1,229 | €1,238 | +€9 | +0.8% |
| Total equity and liabilities | 10/49 | €92,801 | €103,132 | +€10,331 | +11.1% |
| Equity | 10/15 | €64,463 | €77,152 | +€12,689 | +19.7% |
| Contributions | 10/11 | €4,000 | €4,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €60,463 | €73,152 | +€12,689 | +21.0% |
| Amounts payable | 17/49 | €28,339 | €25,981 | -€2,358 | -8.3% |
| Amounts payable after more than one year | 17 | €11,902 | €6,498 | -€5,404 | -45.4% |
| Financial debts | 170/4 | €11,902 | €6,498 | -€5,404 | -45.4% |
| Amounts payable within one year | 42/48 | €16,232 | €19,404 | +€3,172 | +19.5% |
| Current portion of amounts payable after more than one year | 42 | €5,256 | €5,404 | +€149 | +2.8% |
| Financial debts | 43 | €2,662 | €10,728 | +€8,066 | +303.0% |
| Credit institutions | 430/8 | €2,662 | €10,728 | +€8,066 | +303.0% |
| Trade debts | 44 | €1,306 | €554 | -€752 | -57.6% |
| Suppliers | 440/4 | €1,306 | €554 | -€752 | -57.6% |
| Taxes, remuneration and social security | 45 | €7,008 | €2,717 | -€4,290 | -61.2% |
| Taxes | 450/3 | €7,008 | €2,717 | -€4,290 | -61.2% |
| Remuneration and social security | 454/9 | €0 | €0 | = | |
| Other amounts payable | 47/48 | €0 | €0 | = | |
| Accrued charges and deferred income | 492/3 | €205 | €79 | -€126 | -61.5% |
| Goods, raw materials, services and sundry goods | 60/61 | - | €94,073 | +€94,073 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,740 | €9,353 | -€387 | -4.0% |
| Other operating charges | 640/8 | €14,474 | €7,490 | -€6,984 | -48.3% |
| Operating charges capitalised as restructuring costs | 649 | €0 | - | = | |
| Gross operating margin | 9900 | €71,943 | €65,206 | -€6,737 | -9.4% |
| Operating profit (loss) | 9901 | €47,729 | €48,364 | +€635 | +1.3% |
| Financial income | 75/76B | €3 | €83 | +€80 | +2656.1% |
| Recurring financial income | 75 | €3 | €83 | +€80 | +2656.1% |
| Financial charges | 65/66B | €2,449 | €2,816 | +€367 | +15.0% |
| Recurring financial charges | 65 | €2,449 | €2,816 | +€367 | +15.0% |
| Profit (loss) for the period before taxes | 9903 | €45,283 | €45,631 | +€347 | +0.8% |
| Income taxes | 67/77 | €14,835 | €14,118 | -€717 | -4.8% |
| Profit (loss) for the period | 9904 | €30,448 | €31,513 | +€1,064 | +3.5% |
| Profit (loss) for the period to be appropriated | 9905 | €30,448 | €31,513 | +€1,064 | +3.5% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.