Capricornood: 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.
Capricornood
Largest movements
- Current investments +€330,000
new in 2025: €330,000
- Receivables within one year -€55,548
down €55,548 (-33.7%), from €165,018 to €109,470
of which Trade receivables: -€55,124
- Cash +€53,414
up €53,414 (+21.1%), from €253,381 to €306,795
mainly Net result for the year (+€241,610) and Tax, wage and social debts (+€75,242)
- Tangible fixed assets -€12,264
down €12,264 (-23.1%), from €53,020 to €40,756
of which Furniture and vehicles: -€11,798
- Reserves +€241,610
up €241,610 (+68.5%), from €352,518 to €594,128
- Tax, wage and social debts +€75,242
up €75,242 (+67.0%), from €112,319 to €187,560
- Gross operating margin -€140,874
down €140,874 (-29.9%), from €470,481 to €329,607
- Taxes -€37,083
down €37,083 (-33.0%), from €112,462 to €75,379
- Depreciation +€6,535
up €6,535 (+114.1%), from €5,729 to €12,264
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 | €471,419 | €787,021 | +€315,602 | +66.9% |
| Fixed assets | 21/28 | €53,020 | €40,756 | -€12,264 | -23.1% |
| Tangible fixed assets | 22/27 | €53,020 | €40,756 | -€12,264 | -23.1% |
| Plant, machinery and equipment | 23 | €1,176 | €710 | -€466 | -39.6% |
| Furniture and vehicles | 24 | €51,844 | €40,047 | -€11,798 | -22.8% |
| Current assets | 29/58 | €418,399 | €746,265 | +€327,866 | +78.4% |
| Amounts receivable within one year | 40/41 | €165,018 | €109,470 | -€55,548 | -33.7% |
| Trade receivables | 40 | €164,594 | €109,470 | -€55,124 | -33.5% |
| Other amounts receivable | 41 | €424 | - | -€424 | |
| Current investments | 50/53 | - | €330,000 | +€330,000 | |
| Cash at bank and in hand | 54/58 | €253,381 | €306,795 | +€53,414 | +21.1% |
| Total equity and liabilities | 10/49 | €471,419 | €787,021 | +€315,602 | +66.9% |
| Equity | 10/15 | €357,518 | €599,128 | +€241,610 | +67.6% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €352,518 | €594,128 | +€241,610 | +68.5% |
| Distributable reserves | 133 | €352,518 | €594,128 | +€241,610 | +68.5% |
| Amounts payable | 17/49 | €113,901 | €187,894 | +€73,992 | +65.0% |
| Amounts payable within one year | 42/48 | €113,901 | €187,696 | +€73,794 | +64.8% |
| Trade debts | 44 | - | €21 | +€21 | |
| Suppliers | 440/4 | - | €21 | +€21 | |
| Taxes, remuneration and social security | 45 | €112,319 | €187,560 | +€75,242 | +67.0% |
| Taxes | 450/3 | €112,319 | €187,560 | +€75,242 | +67.0% |
| Other amounts payable | 47/48 | €1,583 | €115 | -€1,468 | -92.8% |
| Accrued charges and deferred income | 492/3 | - | €198 | +€198 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,729 | €12,264 | +€6,535 | +114.1% |
| Other operating charges | 640/8 | €198 | €768 | +€570 | +287.7% |
| Gross operating margin | 9900 | €470,481 | €329,607 | -€140,874 | -29.9% |
| Operating profit (loss) | 9901 | €464,554 | €316,575 | -€147,979 | -31.9% |
| Financial income | 75/76B | €507 | €459 | -€48 | -9.5% |
| Recurring financial income | 75 | €507 | €459 | -€48 | -9.5% |
| Financial charges | 65/66B | €81 | €45 | -€36 | -44.5% |
| Recurring financial charges | 65 | €81 | €45 | -€36 | -44.5% |
| Profit (loss) for the period before taxes | 9903 | €464,980 | €316,989 | -€147,991 | -31.8% |
| Income taxes | 67/77 | €112,462 | €75,379 | -€37,083 | -33.0% |
| Profit (loss) for the period | 9904 | €352,518 | €241,610 | -€110,908 | -31.5% |
| Profit (loss) for the period to be appropriated | 9905 | €352,518 | €241,610 | -€110,908 | -31.5% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.