CAPRINO: 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.
CAPRINO
Largest movements
- Receivables within one year +€8,647
up €8,647 (+36.2%), from €23,920 to €32,567
of which Other amounts receivable: +€5,051
- Deferred charges and accrued income +€4,776
up €4,776 (+677%), from €705 to €5,481
- Cash -€3,186
no longer reported in 2025 (was €3,186)
mainly Receivables within one year (-€8,647) and Deferred charges and accrued income (-€4,776)
- Tangible fixed assets +€2,006
up €2,006 (+50.9%), from €3,941 to €5,946
of which Furniture and vehicles: +€1,557
- Current portion of long-term debt +€6,875
up €6,875 (+789%), from €871 to €7,746
- Short-term financial debts +€3,028
new in 2025: €3,028
- Reserves -€2,667
down €2,667 (-18.3%), from €14,561 to €11,894
- Trade debts +€2,378
up €2,378 (+1,543%), from €154 to €2,533
- Tax, wage and social debts +€1,947
up €1,947 (+20.5%), from €9,487 to €11,434
of which Remuneration and social security: +€6,229
- Staff costs +€46,399
new in 2025: €46,399
- Gross operating margin +€35,845
up €35,845 (+195%), from €18,418 to €54,263
- Other operating charges +€2,980
up €2,980 (+102%), from €2,908 to €5,888
- Taxes -€2,619
down €2,619 (-63.3%), from €4,137 to €1,518
- Depreciation +€710
up €710 (+63.7%), from €1,115 to €1,826
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 | €31,753 | €43,995 | +€12,243 | +38.6% |
| Fixed assets | 21/28 | €3,941 | €5,946 | +€2,006 | +50.9% |
| Tangible fixed assets | 22/27 | €3,941 | €5,946 | +€2,006 | +50.9% |
| Plant, machinery and equipment | 23 | €1,235 | €2,544 | +€1,309 | +106% |
| Furniture and vehicles | 24 | €288 | €1,845 | +€1,557 | +540% |
| Leasing and similar rights | 25 | €2,417 | €1,557 | -€860 | -35.6% |
| Current assets | 29/58 | €27,812 | €38,049 | +€10,237 | +36.8% |
| Amounts receivable within one year | 40/41 | €23,920 | €32,567 | +€8,647 | +36.2% |
| Trade receivables | 40 | €2,641 | €6,237 | +€3,596 | +136% |
| Other amounts receivable | 41 | €21,279 | €26,330 | +€5,051 | +23.7% |
| Cash at bank and in hand | 54/58 | €3,186 | - | -€3,186 | |
| Deferred charges and accrued income | 490/1 | €705 | €5,481 | +€4,776 | +677% |
| Total equity and liabilities | 10/49 | €31,753 | €43,995 | +€12,243 | +38.6% |
| Equity | 10/15 | €19,561 | €16,894 | -€2,667 | -13.6% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €14,561 | €11,894 | -€2,667 | -18.3% |
| Distributable reserves | 133 | €14,561 | €11,894 | -€2,667 | -18.3% |
| Amounts payable | 17/49 | €12,192 | €27,101 | +€14,910 | +122% |
| Amounts payable after more than one year | 17 | €1,679 | €2,361 | +€682 | +40.6% |
| Financial debts | 170/4 | €1,679 | €2,361 | +€682 | +40.6% |
| Amounts payable within one year | 42/48 | €10,512 | €24,740 | +€14,228 | +135% |
| Current portion of amounts payable after more than one year | 42 | €871 | €7,746 | +€6,875 | +789% |
| Financial debts | 43 | - | €3,028 | +€3,028 | |
| Credit institutions | 430/8 | - | €3,028 | +€3,028 | |
| Trade debts | 44 | €154 | €2,533 | +€2,378 | +1,543% |
| Suppliers | 440/4 | €154 | €2,533 | +€2,378 | +1,543% |
| Taxes, remuneration and social security | 45 | €9,487 | €11,434 | +€1,947 | +20.5% |
| Taxes | 450/3 | €9,427 | €5,145 | -€4,282 | -45.4% |
| Remuneration and social security | 454/9 | €60 | €6,289 | +€6,229 | +10,347% |
| Remuneration, social security and pensions | 62 | - | €46,399 | +€46,399 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,115 | €1,826 | +€710 | +63.7% |
| Other operating charges | 640/8 | €2,908 | €5,888 | +€2,980 | +102% |
| Gross operating margin | 9900 | €18,418 | €54,263 | +€35,845 | +195% |
| Operating profit (loss) | 9901 | €14,394 | €150 | -€14,244 | -99.0% |
| Financial income | 75/76B | €1,068 | €1,317 | +€250 | +23.4% |
| Recurring financial income | 75 | €1,068 | €1,317 | +€250 | +23.4% |
| Financial charges | 65/66B | €2,425 | €2,615 | +€190 | +7.9% |
| Recurring financial charges | 65 | €2,425 | €2,615 | +€190 | +7.9% |
| Profit (loss) for the period before taxes | 9903 | €13,037 | -€1,149 | -€14,185 | |
| Income taxes | 67/77 | €4,137 | €1,518 | -€2,619 | -63.3% |
| Profit (loss) for the period | 9904 | €8,899 | -€2,667 | -€11,566 | |
| Profit (loss) for the period to be appropriated | 9905 | €8,899 | -€2,667 | -€11,566 |
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 17 October 2026 via checked.be.