Capreolus: 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.
Capreolus
Largest movements
- Receivables within one year +€11,334
up €11,334 (+88.5%), from €12,806 to €24,140
of which Trade receivables: +€12,231
- Cash -€9,951
down €9,951 (-32.2%), from €30,930 to €20,979
mainly Trade debts (-€13,385) and Receivables within one year (-€11,334)
- Tangible fixed assets -€8,797
down €8,797 (-17.2%), from €51,071 to €42,274
of which Furniture and vehicles: -€8,325
- Intangible fixed assets -€2,500
down €2,500 (-12.5%), from €20,000 to €17,500
- Deferred charges and accrued income +€1,423
up €1,423 (+65.2%), from €2,183 to €3,606
- Trade debts -€13,385
down €13,385 (-42.4%), from €31,547 to €18,163
- Other debts +€9,501
up €9,501 (+745%), from €1,276 to €10,776
- Tax, wage and social debts -€4,315
down €4,315 (-54.9%), from €7,866 to €3,551
of which Taxes: -€4,315
- Gross operating margin -€17,360
down €17,360 (-50.1%), from €34,621 to €17,261
- Taxes -€2,827
down €2,827 (-77.5%), from €3,649 to €822
- Depreciation -€2,477
down €2,477 (-16.8%), from €14,782 to €12,306
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 | €116,990 | €109,090 | -€7,900 | -6.8% |
| Fixed assets | 21/28 | €71,071 | €59,774 | -€11,297 | -15.9% |
| Intangible fixed assets | 21 | €20,000 | €17,500 | -€2,500 | -12.5% |
| Tangible fixed assets | 22/27 | €51,071 | €42,274 | -€8,797 | -17.2% |
| Land and buildings | 22 | €1,938 | €1,503 | -€435 | -22.4% |
| Plant, machinery and equipment | 23 | €18,977 | €19,203 | +€226 | +1.2% |
| Furniture and vehicles | 24 | €28,147 | €19,821 | -€8,325 | -29.6% |
| Other tangible fixed assets | 26 | €2,010 | €1,747 | -€264 | -13.1% |
| Current assets | 29/58 | €45,919 | €49,317 | +€3,398 | +7.4% |
| Stocks and contracts in progress | 3 | - | €592 | +€592 | |
| Stocks | 30/36 | - | €592 | +€592 | |
| Amounts receivable within one year | 40/41 | €12,806 | €24,140 | +€11,334 | +88.5% |
| Trade receivables | 40 | €10,721 | €22,952 | +€12,231 | +114% |
| Other amounts receivable | 41 | €2,085 | €1,188 | -€897 | -43.0% |
| Cash at bank and in hand | 54/58 | €30,930 | €20,979 | -€9,951 | -32.2% |
| Deferred charges and accrued income | 490/1 | €2,183 | €3,606 | +€1,423 | +65.2% |
| Total equity and liabilities | 10/49 | €116,990 | €109,090 | -€7,900 | -6.8% |
| Equity | 10/15 | €76,301 | €76,600 | +€300 | +0.4% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €71,301 | €71,600 | +€300 | +0.4% |
| Distributable reserves | 133 | €71,301 | €71,600 | +€300 | +0.4% |
| Amounts payable | 17/49 | €40,689 | €32,490 | -€8,199 | -20.2% |
| Amounts payable within one year | 42/48 | €40,689 | €32,490 | -€8,199 | -20.2% |
| Trade debts | 44 | €31,547 | €18,163 | -€13,385 | -42.4% |
| Suppliers | 440/4 | €31,547 | €18,163 | -€13,385 | -42.4% |
| Taxes, remuneration and social security | 45 | €7,866 | €3,551 | -€4,315 | -54.9% |
| Taxes | 450/3 | €5,644 | €1,329 | -€4,315 | -76.5% |
| Remuneration and social security | 454/9 | €2,222 | €2,222 | = | 0.0% |
| Other amounts payable | 47/48 | €1,276 | €10,776 | +€9,501 | +745% |
| Non-recurring operating income | 76A | - | €3,500 | +€3,500 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,782 | €12,306 | -€2,477 | -16.8% |
| Other operating charges | 640/8 | €1,998 | €2,021 | +€23 | +1.2% |
| Non-recurring operating charges | 66A | - | €263 | +€263 | |
| Gross operating margin | 9900 | €34,621 | €17,261 | -€17,360 | -50.1% |
| Operating profit (loss) | 9901 | €17,841 | €2,671 | -€15,170 | -85.0% |
| Financial income | 75/76B | €237 | €3 | -€234 | -98.9% |
| Recurring financial income | 75 | €237 | €3 | -€234 | -98.9% |
| Financial charges | 65/66B | €1,508 | €1,552 | +€45 | +3.0% |
| Recurring financial charges | 65 | €1,508 | €1,552 | +€45 | +3.0% |
| Profit (loss) for the period before taxes | 9903 | €16,570 | €1,121 | -€15,449 | -93.2% |
| Income taxes | 67/77 | €3,649 | €822 | -€2,827 | -77.5% |
| Profit (loss) for the period | 9904 | €12,921 | €300 | -€12,622 | -97.7% |
| Profit (loss) for the period to be appropriated | 9905 | €12,921 | €300 | -€12,622 | -97.7% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 14 October 2026 via checked.be.