CAPODISCO: 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.
CAPODISCO
Largest movements
- Tangible fixed assets -€1,498
down €1,498 (-18.6%), from €8,063 to €6,564
of which Plant, machinery and equipment: -€829
- Current investments -€792
down €792 (-30.3%), from €2,617 to €1,825
- Cash +€301
up €301 (+13.2%), from €2,281 to €2,582
mainly Other debts (+€8,021) and Depreciation (+€1,498)
- Receivables within one year +€292
up €292 (+7.7%), from €3,783 to €4,075
of which Trade receivables: +€1,344
- Other debts +€8,021
up €8,021 (+34.5%), from €23,277 to €31,298
- Profit (loss) carried forward -€6,319
down €6,319 (-51.9%), from -€12,173 to -€18,492
- Tax, wage and social debts -€2,464
down €2,464 (-57.4%), from €4,291 to €1,827
of which Remuneration and social security: -€3,348
- Trade debts -€1,002
no longer reported in 2025 (was €1,002)
- Gross operating margin +€14,291
up €14,291 (+78.7%), from -€18,170 to -€3,879
- Other operating charges -€3,311
down €3,311 (-85.2%), from €3,888 to €577
- Taxes +€250
up €250, from -€112 to €138
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 | €18,897 | €17,133 | -€1,764 | -9.3% |
| Fixed assets | 21/28 | €8,063 | €6,564 | -€1,498 | -18.6% |
| Tangible fixed assets | 22/27 | €8,063 | €6,564 | -€1,498 | -18.6% |
| Plant, machinery and equipment | 23 | €1,987 | €1,157 | -€829 | -41.7% |
| Other tangible fixed assets | 26 | €6,076 | €5,407 | -€669 | -11.0% |
| Current assets | 29/58 | €10,834 | €10,569 | -€266 | -2.5% |
| Amounts receivable within one year | 40/41 | €3,783 | €4,075 | +€292 | +7.7% |
| Trade receivables | 40 | €2,731 | €4,075 | +€1,344 | +49.2% |
| Other amounts receivable | 41 | €1,053 | - | -€1,053 | |
| Current investments | 50/53 | €2,617 | €1,825 | -€792 | -30.3% |
| Cash at bank and in hand | 54/58 | €2,281 | €2,582 | +€301 | +13.2% |
| Deferred charges and accrued income | 490/1 | €2,153 | €2,086 | -€66 | -3.1% |
| Total equity and liabilities | 10/49 | €18,897 | €17,133 | -€1,764 | -9.3% |
| Equity | 10/15 | -€9,673 | -€15,992 | -€6,319 | -65.3% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€12,173 | -€18,492 | -€6,319 | -51.9% |
| Amounts payable | 17/49 | €28,570 | €33,125 | +€4,555 | +15.9% |
| Amounts payable within one year | 42/48 | €28,570 | €33,125 | +€4,555 | +15.9% |
| Trade debts | 44 | €1,002 | - | -€1,002 | |
| Suppliers | 440/4 | €1,002 | - | -€1,002 | |
| Taxes, remuneration and social security | 45 | €4,291 | €1,827 | -€2,464 | -57.4% |
| Taxes | 450/3 | €943 | €1,827 | +€884 | +93.7% |
| Remuneration and social security | 454/9 | €3,348 | - | -€3,348 | |
| Other amounts payable | 47/48 | €23,277 | €31,298 | +€8,021 | +34.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,553 | €1,498 | -€55 | -3.5% |
| Other operating charges | 640/8 | €3,888 | €577 | -€3,311 | -85.2% |
| Non-recurring operating charges | 66A | - | €64 | +€64 | |
| Gross operating margin | 9900 | -€18,170 | -€3,879 | +€14,291 | +78.7% |
| Operating profit (loss) | 9901 | -€23,611 | -€6,018 | +€17,593 | +74.5% |
| Financial income | 75/76B | €12 | €11 | -€1 | -5.2% |
| Recurring financial income | 75 | €12 | €11 | -€1 | -5.2% |
| Financial charges | 65/66B | €115 | €174 | +€59 | +51.7% |
| Recurring financial charges | 65 | €115 | €174 | +€59 | +51.7% |
| Profit (loss) for the period before taxes | 9903 | -€23,714 | -€6,181 | +€17,533 | +73.9% |
| Income taxes | 67/77 | -€112 | €138 | +€250 | |
| Profit (loss) for the period | 9904 | -€23,602 | -€6,319 | +€17,283 | +73.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€23,602 | -€6,319 | +€17,283 | +73.2% |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.