CAPlex: 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.
CAPlex
Largest movements
- Cash +€84,846
up €84,846 (+367.3%), from €23,098 to €107,944
mainly Net result for the year (+€58,857) and Tax, wage and social debts (+€17,287)
- Receivables within one year -€6,126
down €6,126 (-86.6%), from €7,075 to €948
- Reserves +€58,857
up €58,857 (+427.2%), from €13,777 to €72,634
- Tax, wage and social debts +€17,287
up €17,287 (+139.8%), from €12,361 to €29,648
- Trade debts +€2,576
up €2,576 (+101.7%), from €2,534 to €5,109
- Gross operating margin +€57,002
up €57,002 (+325.4%), from €17,518 to €74,520
- Taxes +€11,708
up €11,708 (+313.3%), from €3,737 to €15,445
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 | €30,173 | €108,892 | +€78,719 | +260.9% |
| Current assets | 29/58 | €30,173 | €108,892 | +€78,719 | +260.9% |
| Amounts receivable within one year | 40/41 | €7,075 | €948 | -€6,126 | -86.6% |
| Other amounts receivable | 41 | €7,075 | €948 | -€6,126 | -86.6% |
| Cash at bank and in hand | 54/58 | €23,098 | €107,944 | +€84,846 | +367.3% |
| Total equity and liabilities | 10/49 | €30,173 | €108,892 | +€78,719 | +260.9% |
| Equity | 10/15 | €15,277 | €74,134 | +€58,857 | +385.3% |
| Contributions | 10/11 | €1,500 | €1,500 | = | 0.0% |
| Reserves | 13 | €13,777 | €72,634 | +€58,857 | +427.2% |
| Distributable reserves | 133 | €13,777 | €72,634 | +€58,857 | +427.2% |
| Amounts payable | 17/49 | €14,895 | €34,758 | +€19,863 | +133.4% |
| Amounts payable within one year | 42/48 | €14,895 | €34,758 | +€19,863 | +133.4% |
| Trade debts | 44 | €2,534 | €5,109 | +€2,576 | +101.7% |
| Suppliers | 440/4 | €2,534 | €5,109 | +€2,576 | +101.7% |
| Taxes, remuneration and social security | 45 | €12,361 | €29,648 | +€17,287 | +139.8% |
| Taxes | 450/3 | €12,361 | €29,648 | +€17,287 | +139.8% |
| Other operating charges | 640/8 | - | €176 | +€176 | |
| Gross operating margin | 9900 | €17,518 | €74,520 | +€57,002 | +325.4% |
| Operating profit (loss) | 9901 | €17,518 | €74,345 | +€56,827 | +324.4% |
| Financial income | 75/76B | - | €1 | +€1 | |
| Recurring financial income | 75 | - | €1 | +€1 | |
| Financial charges | 65/66B | €3 | €44 | +€40 | +1190.8% |
| Recurring financial charges | 65 | €3 | €44 | +€40 | +1190.8% |
| Profit (loss) for the period before taxes | 9903 | €17,515 | €74,302 | +€56,787 | +324.2% |
| Income taxes | 67/77 | €3,737 | €15,445 | +€11,708 | +313.3% |
| Profit (loss) for the period | 9904 | €13,777 | €58,857 | +€45,079 | +327.2% |
| Profit (loss) for the period to be appropriated | 9905 | €13,777 | €58,857 | +€45,079 | +327.2% |
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 7 October 2026 via checked.be.