CAPSKILLS: 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.
CAPSKILLS
Largest movements
- Cash -€20,031
down €20,031 (-32.7%), from €61,235 to €41,204
mainly Contributions, distributions and other (-€48,715) and Other debts (-€17,954)
- Receivables within one year -€4,311
down €4,311 (-9.4%), from €46,097 to €41,786
of which Trade receivables: -€13,632
- Other debts -€17,954
down €17,954 (-24.1%), from €74,539 to €56,585
- Tax, wage and social debts -€5,548
down €5,548 (-24.4%), from €22,712 to €17,164
- Profit (loss) carried forward -€1,895
down €1,895 (-3.9%), from €48,715 to €46,820
- Gross operating margin -€32,274
down €32,274 (-51.2%), from €63,027 to €30,753
- Financial income +€26,839
up €26,839 (+7,697%), from €349 to €27,188
- Taxes -€4,856
down €4,856 (-37.6%), from €12,916 to €8,061
- Depreciation +€730
up €730 (+42.5%), from €1,718 to €2,449
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 | €151,323 | €125,900 | -€25,422 | -16.8% |
| Fixed assets | 21/28 | €43,390 | €42,220 | -€1,170 | -2.7% |
| Tangible fixed assets | 22/27 | €13,343 | €11,993 | -€1,350 | -10.1% |
| Plant, machinery and equipment | 23 | €11,746 | €10,538 | -€1,208 | -10.3% |
| Furniture and vehicles | 24 | €1,597 | €1,455 | -€143 | -8.9% |
| Financial fixed assets | 28 | €30,047 | €30,227 | +€180 | +0.6% |
| Current assets | 29/58 | €107,932 | €83,680 | -€24,252 | -22.5% |
| Amounts receivable within one year | 40/41 | €46,097 | €41,786 | -€4,311 | -9.4% |
| Trade receivables | 40 | €41,409 | €27,777 | -€13,632 | -32.9% |
| Other amounts receivable | 41 | €4,688 | €14,009 | +€9,321 | +199% |
| Cash at bank and in hand | 54/58 | €61,235 | €41,204 | -€20,031 | -32.7% |
| Deferred charges and accrued income | 490/1 | €600 | €690 | +€90 | +15.0% |
| Total equity and liabilities | 10/49 | €151,323 | €125,900 | -€25,422 | -16.8% |
| Equity | 10/15 | €50,715 | €48,820 | -€1,895 | -3.7% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €48,715 | €46,820 | -€1,895 | -3.9% |
| Amounts payable | 17/49 | €100,608 | €77,080 | -€23,527 | -23.4% |
| Amounts payable within one year | 42/48 | €100,608 | €77,080 | -€23,527 | -23.4% |
| Trade debts | 44 | €3,356 | €3,331 | -€25 | -0.7% |
| Suppliers | 440/4 | €3,356 | €3,331 | -€25 | -0.7% |
| Taxes, remuneration and social security | 45 | €22,712 | €17,164 | -€5,548 | -24.4% |
| Taxes | 450/3 | €22,712 | €17,164 | -€5,548 | -24.4% |
| Other amounts payable | 47/48 | €74,539 | €56,585 | -€17,954 | -24.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,718 | €2,449 | +€730 | +42.5% |
| Other operating charges | 640/8 | €659 | €475 | -€184 | -27.9% |
| Gross operating margin | 9900 | €63,027 | €30,753 | -€32,274 | -51.2% |
| Operating profit (loss) | 9901 | €60,650 | €27,830 | -€32,820 | -54.1% |
| Financial income | 75/76B | €349 | €27,188 | +€26,839 | +7,697% |
| Recurring financial income | 75 | €349 | €27,188 | +€26,839 | +7,697% |
| Financial charges | 65/66B | €222 | €137 | -€84 | -38.0% |
| Recurring financial charges | 65 | €222 | €137 | -€84 | -38.0% |
| Profit (loss) for the period before taxes | 9903 | €60,777 | €54,881 | -€5,897 | -9.7% |
| Income taxes | 67/77 | €12,916 | €8,061 | -€4,856 | -37.6% |
| Profit (loss) for the period | 9904 | €47,861 | €46,820 | -€1,041 | -2.2% |
| Profit (loss) for the period to be appropriated | 9905 | €47,861 | €46,820 | -€1,041 | -2.2% |
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.