CAPRON MAITEE: 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.
CAPRON MAITEE
Largest movements
- Cash +€54,319
up €54,319 (+205.2%), from €26,475 to €80,794
mainly Net result for the year (+€51,928) and Depreciation (+€25,780)
- Receivables within one year -€14,924
down €14,924 (-37.8%), from €39,434 to €24,510
of which Other amounts receivable: -€14,924
- Profit (loss) carried forward +€51,928
up €51,928, from €0 to €51,928
- Debts after one year -€17,916
down €17,916 (-6.1%), from €291,824 to €273,908
- Trade debts +€4,516
up €4,516 (+154.3%), from €2,927 to €7,443
- Gross operating margin +€43,759
up €43,759 (+71.6%), from €61,124 to €104,883
- Taxes +€9,079
up €9,079 (+164.4%), from €5,523 to €14,602
- Depreciation +€2,554
up €2,554 (+11.0%), from €23,226 to €25,780
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 | €388,800 | €426,827 | +€38,026 | +9.8% |
| Fixed assets | 21/28 | €320,258 | €318,711 | -€1,547 | -0.5% |
| Tangible fixed assets | 22/27 | €320,258 | €318,711 | -€1,547 | -0.5% |
| Furniture and vehicles | 24 | €342 | €5,696 | +€5,354 | +1566.5% |
| Leasing and similar rights | 25 | €319,916 | €313,015 | -€6,901 | -2.2% |
| Current assets | 29/58 | €68,543 | €108,116 | +€39,573 | +57.7% |
| Amounts receivable within one year | 40/41 | €39,434 | €24,510 | -€14,924 | -37.8% |
| Trade receivables | 40 | €0 | - | = | |
| Other amounts receivable | 41 | €39,434 | €24,510 | -€14,924 | -37.8% |
| Cash at bank and in hand | 54/58 | €26,475 | €80,794 | +€54,319 | +205.2% |
| Deferred charges and accrued income | 490/1 | €2,633 | €2,812 | +€179 | +6.8% |
| Total equity and liabilities | 10/49 | €388,800 | €426,827 | +€38,026 | +9.8% |
| Equity | 10/15 | €20,747 | €72,675 | +€51,928 | +250.3% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €15,747 | €15,747 | = | 0.0% |
| Distributable reserves | 133 | €15,747 | €15,747 | = | 0.0% |
| Profit (loss) carried forward | 14 | €0 | €51,928 | +€51,928 | |
| Amounts payable | 17/49 | €368,053 | €354,152 | -€13,902 | -3.8% |
| Amounts payable after more than one year | 17 | €291,824 | €273,908 | -€17,916 | -6.1% |
| Financial debts | 170/4 | €291,824 | €273,908 | -€17,916 | -6.1% |
| Amounts payable within one year | 42/48 | €74,413 | €78,427 | +€4,014 | +5.4% |
| Current portion of amounts payable after more than one year | 42 | €26,487 | €22,985 | -€3,501 | -13.2% |
| Trade debts | 44 | €2,927 | €7,443 | +€4,516 | +154.3% |
| Suppliers | 440/4 | €2,927 | €7,443 | +€4,516 | +154.3% |
| Taxes, remuneration and social security | 45 | €0 | €2,999 | +€2,999 | |
| Remuneration and social security | 454/9 | €0 | €2,999 | +€2,999 | |
| Other amounts payable | 47/48 | €45,000 | €45,000 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €1,816 | €1,816 | +€0 | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €23,226 | €25,780 | +€2,554 | +11.0% |
| Other operating charges | 640/8 | €5,773 | €5,383 | -€391 | -6.8% |
| Gross operating margin | 9900 | €61,124 | €104,883 | +€43,759 | +71.6% |
| Operating profit (loss) | 9901 | €32,125 | €73,720 | +€41,596 | +129.5% |
| Financial income | 75/76B | €0 | €0 | -€0 | -50.0% |
| Recurring financial income | 75 | €0 | €0 | -€0 | -50.0% |
| Financial charges | 65/66B | €6,740 | €7,190 | +€450 | +6.7% |
| Recurring financial charges | 65 | €6,740 | €7,190 | +€450 | +6.7% |
| Profit (loss) for the period before taxes | 9903 | €25,385 | €66,530 | +€41,145 | +162.1% |
| Income taxes | 67/77 | €5,523 | €14,602 | +€9,079 | +164.4% |
| Profit (loss) for the period | 9904 | €19,862 | €51,928 | +€32,066 | +161.4% |
| Profit (loss) for the period to be appropriated | 9905 | €19,862 | €51,928 | +€32,066 | +161.4% |
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.