CAPSTON GROUP: 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.
CAPSTON GROUP
Largest movements
- Receivables within one year +€7,000
up €7,000 (+58.0%), from €12,059 to €19,059
of which Trade receivables: +€7,000
- Cash -€4,768
down €4,768 (-99.6%), from €4,788 to €20
mainly Net result for the year (-€16,535) and Receivables within one year (-€7,000)
- Tangible fixed assets -€2,146
down €2,146 (-92.4%), from €2,322 to €176
- Profit (loss) carried forward -€16,535
down €16,535 (-14.5%), from -€113,817 to -€130,353
- Debts after one year +€13,467
up €13,467 (+51.5%), from €26,149 to €39,616
- Trade debts +€1,226
up €1,226 (+10.1%), from €12,091 to €13,317
- Tax, wage and social debts +€930
up €930 (+70.2%), from €1,324 to €2,255
- Other debts +€750
up €750 (+5.8%), from €12,850 to €13,600
- Gross operating margin -€24,677
down €24,677 (-79.6%), from €30,999 to €6,322
- Staff costs -€17,533
down €17,533 (-46.7%), from €37,582 to €20,049
- Other operating charges -€318
down €318 (-45.9%), from €693 to €375
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 | €28,840 | €28,678 | -€162 | -0.6% |
| Fixed assets | 21/28 | €11,332 | €9,186 | -€2,146 | -18.9% |
| Tangible fixed assets | 22/27 | €2,322 | €176 | -€2,146 | -92.4% |
| Plant, machinery and equipment | 23 | €2,322 | €176 | -€2,146 | -92.4% |
| Financial fixed assets | 28 | €9,010 | €9,010 | = | 0.0% |
| Current assets | 29/58 | €17,508 | €19,492 | +€1,984 | +11.3% |
| Amounts receivable within one year | 40/41 | €12,059 | €19,059 | +€7,000 | +58.0% |
| Trade receivables | 40 | €0 | €7,000 | +€7,000 | |
| Other amounts receivable | 41 | €12,059 | €12,059 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €4,788 | €20 | -€4,768 | -99.6% |
| Deferred charges and accrued income | 490/1 | €661 | €413 | -€248 | -37.5% |
| Total equity and liabilities | 10/49 | €28,840 | €28,678 | -€162 | -0.6% |
| Equity | 10/15 | -€23,575 | -€40,110 | -€16,535 | -70.1% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €71,651 | €71,651 | = | 0.0% |
| Distributable reserves | 133 | €71,651 | €71,651 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€113,817 | -€130,353 | -€16,535 | -14.5% |
| Amounts payable | 17/49 | €52,415 | €68,788 | +€16,373 | +31.2% |
| Amounts payable after more than one year | 17 | €26,149 | €39,616 | +€13,467 | +51.5% |
| Other amounts payable | 178/9 | €26,149 | €39,616 | +€13,467 | +51.5% |
| Amounts payable within one year | 42/48 | €26,265 | €29,171 | +€2,906 | +11.1% |
| Trade debts | 44 | €12,091 | €13,317 | +€1,226 | +10.1% |
| Suppliers | 440/4 | €12,091 | €13,317 | +€1,226 | +10.1% |
| Taxes, remuneration and social security | 45 | €1,324 | €2,255 | +€930 | +70.2% |
| Taxes | 450/3 | €1,324 | €2,255 | +€930 | +70.2% |
| Other amounts payable | 47/48 | €12,850 | €13,600 | +€750 | +5.8% |
| Remuneration, social security and pensions | 62 | €37,582 | €20,049 | -€17,533 | -46.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,146 | €2,146 | = | 0.0% |
| Other operating charges | 640/8 | €693 | €375 | -€318 | -45.9% |
| Gross operating margin | 9900 | €30,999 | €6,322 | -€24,677 | -79.6% |
| Operating profit (loss) | 9901 | -€9,423 | -€16,249 | -€6,826 | -72.4% |
| Financial income | 75/76B | €0 | - | = | |
| Recurring financial income | 75 | €0 | - | = | |
| Financial charges | 65/66B | €74 | €287 | +€213 | +287.8% |
| Recurring financial charges | 65 | €74 | €287 | +€213 | +287.8% |
| Profit (loss) for the period before taxes | 9903 | -€9,497 | -€16,535 | -€7,039 | -74.1% |
| Profit (loss) for the period | 9904 | -€9,497 | -€16,535 | -€7,039 | -74.1% |
| Profit (loss) for the period to be appropriated | 9905 | -€9,497 | -€16,535 | -€7,039 | -74.1% |
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 1 October 2026 via checked.be.