CAPRERA: 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.
CAPRERA
Largest movements
- Tangible fixed assets -€40,852
down €40,852 (-10.6%), from €386,525 to €345,673
of which Other tangible fixed assets: -€36,630
- Receivables within one year +€38,887
up €38,887 (+101.5%), from €38,323 to €77,210
of which Other amounts receivable: +€39,500
- Cash +€26,052
up €26,052 (+30.4%), from €85,832 to €111,884
mainly Trade debts (+€181,814) and Depreciation (+€102,992)
- Intangible fixed assets -€22,858
down €22,858 (-32.3%), from €70,750 to €47,893
- Stocks and contracts -€18,930
down €18,930 (-2.2%), from €880,371 to €861,441
- Trade debts +€181,814
up €181,814 (+63.3%), from €287,357 to €469,171
- Current portion of long-term debt -€82,742
down €82,742 (-59.2%), from €139,706 to €56,964
- Other debts -€60,295
down €60,295 (-57.2%), from €105,462 to €45,167
- Debts after one year -€53,756
down €53,756 (-31.7%), from €169,423 to €115,666
- Tax, wage and social debts -€15,484
down €15,484 (-11.9%), from €130,470 to €114,986
of which Taxes: -€15,840
- Gross operating margin -€171,144
down €171,144 (-13.4%), from €1.3m to €1.1m
- Staff costs -€134,034
down €134,034 (-14.7%), from €912,063 to €778,029
- Financial charges +€45,324
up €45,324 (+43.5%), from €104,135 to €149,459
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 | €1,525,875 | €1,508,185 | -€17,690 | -1.2% |
| Fixed assets | 21/28 | €460,566 | €396,856 | -€63,710 | -13.8% |
| Intangible fixed assets | 21 | €70,750 | €47,893 | -€22,858 | -32.3% |
| Tangible fixed assets | 22/27 | €386,525 | €345,673 | -€40,852 | -10.6% |
| Plant, machinery and equipment | 23 | €12,201 | €12,175 | -€26 | -0.2% |
| Furniture and vehicles | 24 | €8,041 | €5,959 | -€2,081 | -25.9% |
| Leasing and similar rights | 25 | €8,512 | €6,397 | -€2,115 | -24.8% |
| Other tangible fixed assets | 26 | €357,771 | €321,141 | -€36,630 | -10.2% |
| Financial fixed assets | 28 | €3,291 | €3,291 | = | 0.0% |
| Current assets | 29/58 | €1,065,309 | €1,111,328 | +€46,019 | +4.3% |
| Stocks and contracts in progress | 3 | €880,371 | €861,441 | -€18,930 | -2.2% |
| Stocks | 30/36 | €880,371 | €861,441 | -€18,930 | -2.2% |
| Amounts receivable within one year | 40/41 | €38,323 | €77,210 | +€38,887 | +101.5% |
| Trade receivables | 40 | €8,938 | €8,324 | -€614 | -6.9% |
| Other amounts receivable | 41 | €29,386 | €68,886 | +€39,500 | +134.4% |
| Cash at bank and in hand | 54/58 | €85,832 | €111,884 | +€26,052 | +30.4% |
| Deferred charges and accrued income | 490/1 | €60,782 | €60,793 | +€11 | 0.0% |
| Total equity and liabilities | 10/49 | €1,525,875 | €1,508,185 | -€17,690 | -1.2% |
| Equity | 10/15 | €384,189 | €387,089 | +€2,900 | +0.8% |
| Contributions | 10/11 | €230,000 | €230,000 | = | 0.0% |
| Reserves | 13 | €154,189 | €157,089 | +€2,900 | +1.9% |
| Distributable reserves | 133 | €154,189 | €157,089 | +€2,900 | +1.9% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €1,141,686 | €1,121,096 | -€20,590 | -1.8% |
| Amounts payable after more than one year | 17 | €169,423 | €115,666 | -€53,756 | -31.7% |
| Financial debts | 170/4 | €169,423 | €115,666 | -€53,756 | -31.7% |
| Amounts payable within one year | 42/48 | €961,684 | €985,530 | +€23,846 | +2.5% |
| Current portion of amounts payable after more than one year | 42 | €139,706 | €56,964 | -€82,742 | -59.2% |
| Financial debts | 43 | €298,689 | €299,242 | +€553 | +0.2% |
| Credit institutions | 430/8 | €298,689 | €299,242 | +€553 | +0.2% |
| Trade debts | 44 | €287,357 | €469,171 | +€181,814 | +63.3% |
| Suppliers | 440/4 | €287,357 | €469,171 | +€181,814 | +63.3% |
| Taxes, remuneration and social security | 45 | €130,470 | €114,986 | -€15,484 | -11.9% |
| Taxes | 450/3 | €72,654 | €56,814 | -€15,840 | -21.8% |
| Remuneration and social security | 454/9 | €57,816 | €58,172 | +€356 | +0.6% |
| Other amounts payable | 47/48 | €105,462 | €45,167 | -€60,295 | -57.2% |
| Accrued charges and deferred income | 492/3 | €10,578 | €19,899 | +€9,321 | +88.1% |
| Remuneration, social security and pensions | 62 | €912,063 | €778,029 | -€134,034 | -14.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €105,388 | €102,992 | -€2,396 | -2.3% |
| Other operating charges | 640/8 | €20,629 | €14,737 | -€5,892 | -28.6% |
| Non-recurring operating charges | 66A | €18,851 | €856 | -€17,995 | -95.5% |
| Gross operating margin | 9900 | €1,276,440 | €1,105,296 | -€171,144 | -13.4% |
| Operating profit (loss) | 9901 | €219,510 | €208,682 | -€10,827 | -4.9% |
| Financial income | 75/76B | €224 | €732 | +€508 | +227.2% |
| Recurring financial income | 75 | €224 | €732 | +€508 | +227.2% |
| Financial charges | 65/66B | €104,135 | €149,459 | +€45,324 | +43.5% |
| Recurring financial charges | 65 | €104,135 | €149,459 | +€45,324 | +43.5% |
| Profit (loss) for the period before taxes | 9903 | €115,598 | €59,955 | -€55,643 | -48.1% |
| Income taxes | 67/77 | €17,552 | €17,055 | -€496 | -2.8% |
| Profit (loss) for the period | 9904 | €98,046 | €42,900 | -€55,147 | -56.2% |
| Profit (loss) for the period to be appropriated | 9905 | €98,046 | €42,900 | -€55,147 | -56.2% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 2 October 2026 via checked.be.