CAPPELLE: 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.
CAPPELLE
Largest movements
- Cash -€239,344
down €239,344 (-91.5%), from €261,500 to €22,156
mainly Other debts (-€190,946) and Trade debts (-€20,485)
- Receivables within one year +€20,035
up €20,035 (+21.8%), from €91,838 to €111,873
of which Trade receivables: +€14,067
- Other debts -€190,946
down €190,946 (-67.9%), from €281,384 to €90,438
- Trade debts -€20,485
down €20,485 (-51.9%), from €39,457 to €18,972
- Tax, wage and social debts -€16,574
down €16,574 (-85.7%), from €19,338 to €2,764
of which Taxes: -€18,074
- Profit (loss) carried forward +€7,895
up €7,895 (+22.4%), from -€35,197 to -€27,302
- Gross operating margin +€33,683
up €33,683, from -€17,443 to €16,240
- Staff costs -€14,577
no longer reported in 2024 (was €14,577)
- Depreciation +€3,632
up €3,632 (+88.9%), from €4,087 to €7,719
- Financial income -€1,469
down €1,469 (-58.5%), from €2,512 to €1,043
- Financial charges +€391
up €391 (+155.2%), from €252 to €643
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €388,412 | €168,186 | -€220,226 | -56.7% |
| Fixed assets | 21/28 | €27,251 | €25,561 | -€1,690 | -6.2% |
| Tangible fixed assets | 22/27 | €25,551 | €23,726 | -€1,825 | -7.1% |
| Land and buildings | 22 | €2,099 | €1,863 | -€236 | -11.2% |
| Plant, machinery and equipment | 23 | €1,427 | €1,233 | -€194 | -13.6% |
| Furniture and vehicles | 24 | €22,025 | €20,630 | -€1,395 | -6.3% |
| Financial fixed assets | 28 | €1,700 | €1,835 | +€135 | +7.9% |
| Current assets | 29/58 | €361,161 | €142,625 | -€218,536 | -60.5% |
| Stocks and contracts in progress | 3 | €4,500 | €4,500 | = | 0.0% |
| Stocks | 30/36 | €4,500 | €4,500 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €91,838 | €111,873 | +€20,035 | +21.8% |
| Trade receivables | 40 | €84,794 | €98,861 | +€14,067 | +16.6% |
| Other amounts receivable | 41 | €7,044 | €13,012 | +€5,968 | +84.7% |
| Cash at bank and in hand | 54/58 | €261,500 | €22,156 | -€239,344 | -91.5% |
| Deferred charges and accrued income | 490/1 | €3,323 | €4,096 | +€773 | +23.3% |
| Total equity and liabilities | 10/49 | €388,412 | €168,186 | -€220,226 | -56.7% |
| Equity | 10/15 | €48,117 | €56,012 | +€7,895 | +16.4% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €64,714 | €64,714 | = | 0.0% |
| Distributable reserves | 133 | €64,714 | €64,714 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€35,197 | -€27,302 | +€7,895 | +22.4% |
| Amounts payable | 17/49 | €340,295 | €112,174 | -€228,121 | -67.0% |
| Amounts payable within one year | 42/48 | €340,179 | €112,174 | -€228,005 | -67.0% |
| Trade debts | 44 | €39,457 | €18,972 | -€20,485 | -51.9% |
| Suppliers | 440/4 | €39,457 | €18,972 | -€20,485 | -51.9% |
| Taxes, remuneration and social security | 45 | €19,338 | €2,764 | -€16,574 | -85.7% |
| Taxes | 450/3 | €19,338 | €1,264 | -€18,074 | -93.5% |
| Remuneration and social security | 454/9 | - | €1,500 | +€1,500 | |
| Other amounts payable | 47/48 | €281,384 | €90,438 | -€190,946 | -67.9% |
| Accrued charges and deferred income | 492/3 | €116 | - | -€116 | |
| Remuneration, social security and pensions | 62 | €14,577 | - | -€14,577 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,087 | €7,719 | +€3,632 | +88.9% |
| Other operating charges | 640/8 | €1,403 | €1,066 | -€337 | -24.0% |
| Gross operating margin | 9900 | -€17,443 | €16,240 | +€33,683 | |
| Operating profit (loss) | 9901 | -€37,510 | €7,455 | +€44,965 | |
| Financial income | 75/76B | €2,512 | €1,043 | -€1,469 | -58.5% |
| Recurring financial income | 75 | €2,512 | €1,043 | -€1,469 | -58.5% |
| Financial charges | 65/66B | €252 | €643 | +€391 | +155.2% |
| Recurring financial charges | 65 | €252 | €643 | +€391 | +155.2% |
| Profit (loss) for the period before taxes | 9903 | -€35,250 | €7,855 | +€43,105 | |
| Income taxes | 67/77 | -€53 | -€40 | +€13 | +24.5% |
| Profit (loss) for the period | 9904 | -€35,197 | €7,895 | +€43,092 | |
| Profit (loss) for the period to be appropriated | 9905 | -€35,197 | €7,895 | +€43,092 |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 9 October 2026 via checked.be.