Cappiche: 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.
Cappiche
Largest movements
- Cash -€27,754
down €27,754 (-30.4%), from €91,237 to €63,483
mainly Contributions, distributions and other (-€47,165) and Deferred charges and accrued income (-€2,410)
- Tangible fixed assets -€5,601
down €5,601 (-51.6%), from €10,852 to €5,251
of which Furniture and vehicles: -€4,472
- Deferred charges and accrued income +€2,410
up €2,410 (+171%), from €1,412 to €3,822
- Reserves -€31,000
down €31,000 (-50.6%), from €61,246 to €30,246
of which Distributable reserves: -€31,000
- Depreciation -€4,448
down €4,448 (-38.0%), from €11,714 to €7,266
- Gross operating margin +€1,463
up €1,463 (+5.3%), from €27,469 to €28,932
- Taxes +€1,232
up €1,232 (+35.1%), from €3,512 to €4,744
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.
Derived cash bridge
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 | €120,130 | €89,986 | -€30,144 | -25.1% |
| Fixed assets | 21/28 | €10,852 | €5,251 | -€5,601 | -51.6% |
| Tangible fixed assets | 22/27 | €10,852 | €5,251 | -€5,601 | -51.6% |
| Plant, machinery and equipment | 23 | €2,452 | €1,677 | -€776 | -31.6% |
| Furniture and vehicles | 24 | €5,082 | €610 | -€4,472 | -88.0% |
| Other tangible fixed assets | 26 | €3,319 | €2,965 | -€354 | -10.7% |
| Current assets | 29/58 | €109,278 | €84,735 | -€24,542 | -22.5% |
| Amounts receivable within one year | 40/41 | €16,629 | €17,430 | +€801 | +4.8% |
| Trade receivables | 40 | €11,616 | €8,712 | -€2,904 | -25.0% |
| Other amounts receivable | 41 | €5,013 | €8,718 | +€3,705 | +73.9% |
| Cash at bank and in hand | 54/58 | €91,237 | €63,483 | -€27,754 | -30.4% |
| Deferred charges and accrued income | 490/1 | €1,412 | €3,822 | +€2,410 | +171% |
| Total equity and liabilities | 10/49 | €120,130 | €89,986 | -€30,144 | -25.1% |
| Equity | 10/15 | €66,266 | €35,266 | -€31,000 | -46.8% |
| Contributions | 10/11 | €5,020 | €5,020 | = | 0.0% |
| Reserves | 13 | €61,246 | €30,246 | -€31,000 | -50.6% |
| Non-distributable reserves | 130/1 | €4,289 | €4,289 | = | 0.0% |
| Reserves not available under the articles | 1311 | €4,289 | €4,289 | = | 0.0% |
| Tax-exempt reserves | 132 | €118 | €118 | = | 0.0% |
| Distributable reserves | 133 | €56,839 | €25,839 | -€31,000 | -54.5% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €53,864 | €54,720 | +€856 | +1.6% |
| Amounts payable within one year | 42/48 | €53,833 | €54,229 | +€396 | +0.7% |
| Trade debts | 44 | €572 | €251 | -€321 | -56.1% |
| Suppliers | 440/4 | €572 | €251 | -€321 | -56.1% |
| Taxes, remuneration and social security | 45 | €6,591 | €6,813 | +€223 | +3.4% |
| Taxes | 450/3 | €5,378 | €5,074 | -€304 | -5.7% |
| Remuneration and social security | 454/9 | €1,212 | €1,739 | +€527 | +43.4% |
| Other amounts payable | 47/48 | €46,671 | €47,165 | +€495 | +1.1% |
| Accrued charges and deferred income | 492/3 | €31 | €491 | +€460 | +1,478% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,714 | €7,266 | -€4,448 | -38.0% |
| Other operating charges | 640/8 | €672 | €710 | +€37 | +5.6% |
| Gross operating margin | 9900 | €27,469 | €28,932 | +€1,463 | +5.3% |
| Operating profit (loss) | 9901 | €15,082 | €20,956 | +€5,874 | +38.9% |
| Financial income | 75/76B | €4 | €8 | +€4 | +96.6% |
| Recurring financial income | 75 | €4 | €8 | +€4 | +96.6% |
| Financial charges | 65/66B | €54 | €55 | +€1 | +2.2% |
| Recurring financial charges | 65 | €54 | €55 | +€1 | +2.2% |
| Profit (loss) for the period before taxes | 9903 | €15,032 | €20,909 | +€5,877 | +39.1% |
| Income taxes | 67/77 | €3,512 | €4,744 | +€1,232 | +35.1% |
| Profit (loss) for the period | 9904 | €11,521 | €16,165 | +€4,645 | +40.3% |
| Profit (loss) for the period to be appropriated | 9905 | €11,521 | €16,165 | +€4,645 | +40.3% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 31 October 2026 via checked.be.