CAPRE.2: 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.
CAPRE.2
Largest movements
- Cash -€1,866
down €1,866 (-8.7%), from €21,429 to €19,563
mainly Tax, wage and social debts (-€8,115) and Receivables within one year (-€1,289)
- Receivables within one year +€1,289
up €1,289 (+5.8%), from €22,244 to €23,533
- Tangible fixed assets -€1,152
down €1,152 (-29.5%), from €3,901 to €2,749
of which Plant, machinery and equipment: -€1,624
- Tax, wage and social debts -€8,115
down €8,115 (-46.2%), from €17,584 to €9,468
of which Remuneration and social security: -€6,697
- Profit (loss) carried forward +€4,683
up €4,683 (+42.6%), from €10,984 to €15,667
- Trade debts +€1,877
up €1,877 (+91.0%), from €2,063 to €3,940
- Gross operating margin +€30,703
up €30,703 (+157%), from €19,531 to €50,235
- Staff costs +€13,088
up €13,088 (+48.3%), from €27,071 to €40,159
- Other operating charges +€3,100
up €3,100 (+3,625%), from €86 to €3,185
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 | €49,609 | €48,054 | -€1,555 | -3.1% |
| Fixed assets | 21/28 | €4,951 | €3,799 | -€1,152 | -23.3% |
| Tangible fixed assets | 22/27 | €3,901 | €2,749 | -€1,152 | -29.5% |
| Plant, machinery and equipment | 23 | €2,979 | €1,354 | -€1,624 | -54.5% |
| Furniture and vehicles | 24 | €923 | €1,395 | +€473 | +51.2% |
| Financial fixed assets | 28 | €1,050 | €1,050 | = | 0.0% |
| Current assets | 29/58 | €44,658 | €44,255 | -€403 | -0.9% |
| Stocks and contracts in progress | 3 | €985 | €996 | +€11 | +1.1% |
| Stocks | 30/36 | €985 | €996 | +€11 | +1.1% |
| Amounts receivable within one year | 40/41 | €22,244 | €23,533 | +€1,289 | +5.8% |
| Other amounts receivable | 41 | €22,244 | €23,533 | +€1,289 | +5.8% |
| Cash at bank and in hand | 54/58 | €21,429 | €19,563 | -€1,866 | -8.7% |
| Deferred charges and accrued income | 490/1 | - | €163 | +€163 | |
| Total equity and liabilities | 10/49 | €49,609 | €48,054 | -€1,555 | -3.1% |
| Equity | 10/15 | €29,962 | €34,645 | +€4,683 | +15.6% |
| Contributions | 10/11 | €18,978 | €18,978 | = | 0.0% |
| Profit (loss) carried forward | 14 | €10,984 | €15,667 | +€4,683 | +42.6% |
| Amounts payable | 17/49 | €19,647 | €13,409 | -€6,238 | -31.8% |
| Amounts payable within one year | 42/48 | €19,647 | €13,409 | -€6,238 | -31.8% |
| Trade debts | 44 | €2,063 | €3,940 | +€1,877 | +91.0% |
| Suppliers | 440/4 | €2,063 | €3,940 | +€1,877 | +91.0% |
| Taxes, remuneration and social security | 45 | €17,584 | €9,468 | -€8,115 | -46.2% |
| Taxes | 450/3 | €1,419 | - | -€1,419 | |
| Remuneration and social security | 454/9 | €16,165 | €9,468 | -€6,697 | -41.4% |
| Remuneration, social security and pensions | 62 | €27,071 | €40,159 | +€13,088 | +48.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,348 | €2,055 | -€293 | -12.5% |
| Other operating charges | 640/8 | €86 | €3,185 | +€3,100 | +3,625% |
| Gross operating margin | 9900 | €19,531 | €50,235 | +€30,703 | +157% |
| Operating profit (loss) | 9901 | -€9,973 | €4,836 | +€14,809 | |
| Financial charges | 65/66B | €176 | €153 | -€24 | -13.4% |
| Recurring financial charges | 65 | €176 | €153 | -€24 | -13.4% |
| Profit (loss) for the period before taxes | 9903 | -€10,149 | €4,683 | +€14,833 | |
| Profit (loss) for the period | 9904 | -€10,149 | €4,683 | +€14,833 | |
| Profit (loss) for the period to be appropriated | 9905 | -€10,149 | €4,683 | +€14,833 |
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 21 October 2026 via checked.be.