CAPTAIN COOK: 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.
CAPTAIN COOK
Largest movements
- Receivables within one year +€36,917
up €36,917 (+43.0%), from €85,904 to €122,821
of which Trade receivables: +€23,390
- Tangible fixed assets -€7,785
down €7,785 (-20.2%), from €38,580 to €30,795
of which Plant, machinery and equipment: -€5,005
- Cash +€6,343
up €6,343 (+8.5%), from €74,374 to €80,717
- Profit (loss) carried forward +€34,488
up €34,488 (+34.1%), from €101,113 to €135,601
- Trade debts +€6,369
up €6,369 (+14.1%), from €45,225 to €51,594
- Debts after one year -€5,648
down €5,648 (-56.3%), from €10,033 to €4,385
- Tax, wage and social debts -€4,285
down €4,285 (-25.8%), from €16,600 to €12,315
of which Taxes: -€2,955
- Current portion of long-term debt +€4,269
up €4,269 (+35.0%), from €12,181 to €16,451
- Gross operating margin +€69,681
up €69,681 (+92.1%), from €75,650 to €145,331
- Staff costs +€38,003
up €38,003 (+124%), from €30,599 to €68,602
- Depreciation +€5,663
up €5,663 (+60.2%), from €9,400 to €15,063
- Taxes +€4,694
up €4,694 (+68.3%), from €6,874 to €11,568
- Financial charges +€4,302
up €4,302 (+101%), from €4,269 to €8,571
From the 2023 result to the 2024 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
A cash bridge needs two consecutive financial years: one year's result and depreciation cannot explain a change over several years. Pick two years that follow each other.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €203,853 | €238,946 | +€35,093 | +17.2% |
| Fixed assets | 21/28 | €38,580 | €30,795 | -€7,785 | -20.2% |
| Tangible fixed assets | 22/27 | €38,580 | €30,795 | -€7,785 | -20.2% |
| Plant, machinery and equipment | 23 | €9,568 | €4,563 | -€5,005 | -52.3% |
| Furniture and vehicles | 24 | €6,898 | €4,526 | -€2,372 | -34.4% |
| Other tangible fixed assets | 26 | €22,114 | €21,706 | -€408 | -1.8% |
| Current assets | 29/58 | €165,273 | €208,151 | +€42,878 | +25.9% |
| Stocks and contracts in progress | 3 | €2,000 | €2,000 | = | 0.0% |
| Stocks | 30/36 | €2,000 | €2,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €85,904 | €122,821 | +€36,917 | +43.0% |
| Trade receivables | 40 | €11,009 | €34,398 | +€23,390 | +212% |
| Other amounts receivable | 41 | €74,895 | €88,423 | +€13,528 | +18.1% |
| Cash at bank and in hand | 54/58 | €74,374 | €80,717 | +€6,343 | +8.5% |
| Deferred charges and accrued income | 490/1 | €2,995 | €2,613 | -€382 | -12.7% |
| Total equity and liabilities | 10/49 | €203,853 | €238,946 | +€35,093 | +17.2% |
| Equity | 10/15 | €119,713 | €154,201 | +€34,488 | +28.8% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | €101,113 | €135,601 | +€34,488 | +34.1% |
| Amounts payable | 17/49 | €84,139 | €84,745 | +€605 | +0.7% |
| Amounts payable after more than one year | 17 | €10,033 | €4,385 | -€5,648 | -56.3% |
| Financial debts | 170/4 | €10,033 | €4,385 | -€5,648 | -56.3% |
| Amounts payable within one year | 42/48 | €74,107 | €80,360 | +€6,253 | +8.4% |
| Current portion of amounts payable after more than one year | 42 | €12,181 | €16,451 | +€4,269 | +35.0% |
| Trade debts | 44 | €45,225 | €51,594 | +€6,369 | +14.1% |
| Suppliers | 440/4 | €45,225 | €51,594 | +€6,369 | +14.1% |
| Advances received on contracts in progress | 46 | €100 | €0 | -€100 | -100% |
| Taxes, remuneration and social security | 45 | €16,600 | €12,315 | -€4,285 | -25.8% |
| Taxes | 450/3 | €14,242 | €11,287 | -€2,955 | -20.7% |
| Remuneration and social security | 454/9 | €2,358 | €1,028 | -€1,330 | -56.4% |
| Remuneration, social security and pensions | 62 | €30,599 | €68,602 | +€38,003 | +124% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,400 | €15,063 | +€5,663 | +60.2% |
| Other operating charges | 640/8 | €2,482 | €6,507 | +€4,024 | +162% |
| Non-recurring operating charges | 66A | - | €605 | +€605 | |
| Gross operating margin | 9900 | €75,650 | €145,331 | +€69,681 | +92.1% |
| Operating profit (loss) | 9901 | €33,168 | €54,554 | +€21,386 | +64.5% |
| Financial income | 75/76B | €10 | €73 | +€64 | +673% |
| Recurring financial income | 75 | €10 | €73 | +€64 | +673% |
| Financial charges | 65/66B | €4,269 | €8,571 | +€4,302 | +101% |
| Recurring financial charges | 65 | €4,269 | €8,571 | +€4,302 | +101% |
| Profit (loss) for the period before taxes | 9903 | €28,909 | €46,056 | +€17,147 | +59.3% |
| Income taxes | 67/77 | €6,874 | €11,568 | +€4,694 | +68.3% |
| Profit (loss) for the period | 9904 | €22,034 | €34,488 | +€12,454 | +56.5% |
| Profit (loss) for the period to be appropriated | 9905 | €22,034 | €34,488 | +€12,454 | +56.5% |
Source: filed annual accounts (NBB), financial years ended 30 September 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 13 October 2026 via checked.be.