CAPRICORNUS: 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.
CAPRICORNUS
Largest movements
- Receivables within one year +€39,094
up €39,094 (+5.2%), from €757,600 to €796,694
of which Other amounts receivable: +€39,322
- Tangible fixed assets -€31,241
down €31,241 (-11.6%), from €269,675 to €238,434
- Profit (loss) carried forward +€17,039
up €17,039 (+97.1%), from -€17,547 to -€508
- Financial income +€12,471
up €12,471 (+31.2%), from €39,998 to €52,469
- Gross operating margin -€8,395
down €8,395 (-75.6%), from €11,109 to €2,714
- Taxes +€2,412
new in 2025: €2,412
- Other operating charges +€130
up €130 (+3.1%), from €4,248 to €4,378
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 | €1,121,384 | €1,140,440 | +€19,056 | +1.7% |
| Fixed assets | 21/28 | €269,675 | €238,434 | -€31,241 | -11.6% |
| Tangible fixed assets | 22/27 | €269,675 | €238,434 | -€31,241 | -11.6% |
| Land and buildings | 22 | €269,675 | €238,434 | -€31,241 | -11.6% |
| Current assets | 29/58 | €851,709 | €902,006 | +€50,297 | +5.9% |
| Amounts receivable within one year | 40/41 | €757,600 | €796,694 | +€39,094 | +5.2% |
| Trade receivables | 40 | €67,917 | €67,689 | -€228 | -0.3% |
| Other amounts receivable | 41 | €689,683 | €729,005 | +€39,322 | +5.7% |
| Current investments | 50/53 | €30,918 | €31,143 | +€225 | +0.7% |
| Cash at bank and in hand | 54/58 | €16,123 | €16,044 | -€79 | -0.5% |
| Deferred charges and accrued income | 490/1 | €47,068 | €58,125 | +€11,057 | +23.5% |
| Total equity and liabilities | 10/49 | €1,121,384 | €1,140,440 | +€19,056 | +1.7% |
| Equity | 10/15 | €108,957 | €125,997 | +€17,040 | +15.6% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €106,504 | €106,505 | +€1 | 0.0% |
| Non-distributable reserves | 130/1 | €29,450 | €29,451 | +€1 | 0.0% |
| Reserves not available under the articles | 1311 | €29,450 | €29,451 | +€1 | 0.0% |
| Distributable reserves | 133 | €77,054 | €77,054 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€17,547 | -€508 | +€17,039 | +97.1% |
| Provisions and deferred taxes | 16 | €67,689 | €67,689 | = | 0.0% |
| Provisions for liabilities and charges | 160/5 | €67,689 | €67,689 | = | 0.0% |
| Other liabilities and charges | 164/5 | €67,689 | €67,689 | = | 0.0% |
| Amounts payable | 17/49 | €944,738 | €946,754 | +€2,016 | +0.2% |
| Amounts payable within one year | 42/48 | €944,138 | €946,154 | +€2,016 | +0.2% |
| Trade debts | 44 | €1,049 | €700 | -€349 | -33.3% |
| Suppliers | 440/4 | €1,049 | €700 | -€349 | -33.3% |
| Taxes, remuneration and social security | 45 | - | €2,478 | +€2,478 | |
| Taxes | 450/3 | - | €2,478 | +€2,478 | |
| Other amounts payable | 47/48 | €943,089 | €942,976 | -€113 | 0.0% |
| Accrued charges and deferred income | 492/3 | €600 | €600 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €31,239 | €31,241 | +€2 | 0.0% |
| Other operating charges | 640/8 | €4,248 | €4,378 | +€130 | +3.1% |
| Gross operating margin | 9900 | €11,109 | €2,714 | -€8,395 | -75.6% |
| Operating profit (loss) | 9901 | -€24,378 | -€32,905 | -€8,527 | -35.0% |
| Financial income | 75/76B | €39,998 | €52,469 | +€12,471 | +31.2% |
| Recurring financial income | 75 | €39,998 | €52,469 | +€12,471 | +31.2% |
| Financial charges | 65/66B | €84 | €113 | +€29 | +34.5% |
| Recurring financial charges | 65 | €84 | €113 | +€29 | +34.5% |
| Profit (loss) for the period before taxes | 9903 | €15,536 | €19,451 | +€3,915 | +25.2% |
| Income taxes | 67/77 | - | €2,412 | +€2,412 | |
| Profit (loss) for the period | 9904 | €15,536 | €17,039 | +€1,503 | +9.7% |
| Profit (loss) for the period to be appropriated | 9905 | €15,536 | €17,039 | +€1,503 | +9.7% |
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 18 October 2026 via checked.be.