CapNova: 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.
CapNova
Largest movements
- Receivables within one year -€2,930
down €2,930 (-3.3%), from €89,000 to €86,070
of which Other amounts receivable: -€2,989
- Cash -€1,161
down €1,161 (-37.2%), from €3,125 to €1,964
mainly Contributions, distributions and other (-€6,500) and Tax, wage and social debts (-€4,806)
- Reserves -€6,500
down €6,500 (-17.4%), from €37,360 to €30,860
of which Distributable reserves: -€6,500
- Tax, wage and social debts -€4,806
down €4,806 (-77.0%), from €6,241 to €1,435
- Other debts +€3,000
up €3,000 (+85.7%), from €3,500 to €6,500
- Profit (loss) carried forward +€2,147
up €2,147 (+6.9%), from €31,331 to €33,478
- Short-term financial debts +€1,000
up €1,000 (+40.0%), from €2,500 to €3,500
- Gross operating margin -€5,685
down €5,685 (-48.7%), from €11,670 to €5,985
- Financial income -€2,619
down €2,619 (-81.4%), from €3,215 to €596
of which Financial income: -€2,597
- Taxes -€1,417
down €1,417 (-38.8%), from €3,650 to €2,233
- Other operating charges +€677
up €677 (+87.8%), from €772 to €1,449
- Depreciation -€605
down €605 (-70.7%), from €856 to €251
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 | €94,147 | €89,012 | -€5,135 | -5.5% |
| Fixed assets | 21/28 | €1,005 | €753 | -€251 | -25.0% |
| Tangible fixed assets | 22/27 | €1,005 | €753 | -€251 | -25.0% |
| Plant, machinery and equipment | 23 | €1,005 | €753 | -€251 | -25.0% |
| Current assets | 29/58 | €93,143 | €88,258 | -€4,884 | -5.2% |
| Amounts receivable within one year | 40/41 | €89,000 | €86,070 | -€2,930 | -3.3% |
| Trade receivables | 40 | €5,358 | €5,417 | +€59 | +1.1% |
| Other amounts receivable | 41 | €83,642 | €80,653 | -€2,989 | -3.6% |
| Cash at bank and in hand | 54/58 | €3,125 | €1,964 | -€1,161 | -37.2% |
| Deferred charges and accrued income | 490/1 | €1,018 | €225 | -€794 | -77.9% |
| Total equity and liabilities | 10/49 | €94,147 | €89,012 | -€5,135 | -5.5% |
| Equity | 10/15 | €81,086 | €76,733 | -€4,353 | -5.4% |
| Contributions | 10/11 | €12,395 | €12,395 | = | 0.0% |
| Reserves | 13 | €37,360 | €30,860 | -€6,500 | -17.4% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €35,500 | €29,000 | -€6,500 | -18.3% |
| Profit (loss) carried forward | 14 | €31,331 | €33,478 | +€2,147 | +6.9% |
| Amounts payable | 17/49 | €13,062 | €12,279 | -€783 | -6.0% |
| Amounts payable within one year | 42/48 | €13,062 | €12,279 | -€783 | -6.0% |
| Financial debts | 43 | €2,500 | €3,500 | +€1,000 | +40.0% |
| Credit institutions | 430/8 | €2,500 | €3,500 | +€1,000 | +40.0% |
| Trade debts | 44 | €821 | €844 | +€23 | +2.8% |
| Suppliers | 440/4 | €821 | €844 | +€23 | +2.8% |
| Taxes, remuneration and social security | 45 | €6,241 | €1,435 | -€4,806 | -77.0% |
| Taxes | 450/3 | €6,241 | €1,435 | -€4,806 | -77.0% |
| Other amounts payable | 47/48 | €3,500 | €6,500 | +€3,000 | +85.7% |
| Non-recurring operating income | 76A | - | €5,079 | +€5,079 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €856 | €251 | -€605 | -70.7% |
| Other operating charges | 640/8 | €772 | €1,449 | +€677 | +87.8% |
| Gross operating margin | 9900 | €11,670 | €5,985 | -€5,685 | -48.7% |
| Operating profit (loss) | 9901 | €10,042 | €4,285 | -€5,757 | -57.3% |
| Financial income | 75/76B | €3,215 | €596 | -€2,619 | -81.4% |
| Recurring financial income | 75 | €3,193 | €596 | -€2,597 | -81.3% |
| Non-recurring financial income | 76B | €22 | €596 | +€574 | +2567.7% |
| Financial charges | 65/66B | €286 | €501 | +€215 | +75.2% |
| Recurring financial charges | 65 | €286 | €501 | +€215 | +75.2% |
| Profit (loss) for the period before taxes | 9903 | €12,972 | €4,381 | -€8,591 | -66.2% |
| Income taxes | 67/77 | €3,650 | €2,233 | -€1,417 | -38.8% |
| Profit (loss) for the period | 9904 | €9,322 | €2,147 | -€7,174 | -77.0% |
| Profit (loss) for the period to be appropriated | 9905 | €9,322 | €2,147 | -€7,174 | -77.0% |
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 3 October 2026 via checked.be.