Captain Culture: 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 Culture
Largest movements
- Receivables within one year +€6,262
up €6,262 (+208.6%), from €3,002 to €9,264
of which Trade receivables: +€6,700
- Tangible fixed assets +€1,828
up €1,828 (+59.4%), from €3,077 to €4,905
of which Plant, machinery and equipment: +€2,318
- Cash +€1,267
up €1,267 (+11.2%), from €11,325 to €12,592
mainly Net result for the year (+€6,277) and Trade debts (+€2,069)
- Deferred charges and accrued income -€976
down €976 (-71.6%), from €1,362 to €387
- Reserves +€6,277
up €6,277 (+84.2%), from €7,455 to €13,732
- Trade debts +€2,069
up €2,069 (+229.9%), from €900 to €2,969
- Other debts +€1,246
up €1,246 (+168.6%), from €739 to €1,985
- Tax, wage and social debts -€1,211
down €1,211 (-15.8%), from €7,672 to €6,461
- Gross operating margin +€8,023
up €8,023 (+320.1%), from €2,507 to €10,530
- Taxes +€1,090
up €1,090 (+82.1%), from €1,327 to €2,417
- Depreciation +€522
up €522 (+60.8%), from €859 to €1,381
- Other operating charges +€180
up €180 (+143.0%), from €126 to €307
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 | €18,766 | €27,147 | +€8,381 | +44.7% |
| Fixed assets | 21/28 | €3,077 | €4,905 | +€1,828 | +59.4% |
| Tangible fixed assets | 22/27 | €3,077 | €4,905 | +€1,828 | +59.4% |
| Plant, machinery and equipment | 23 | €872 | €3,190 | +€2,318 | +266.0% |
| Furniture and vehicles | 24 | €2,205 | €1,715 | -€490 | -22.2% |
| Current assets | 29/58 | €15,689 | €22,242 | +€6,553 | +41.8% |
| Amounts receivable within one year | 40/41 | €3,002 | €9,264 | +€6,262 | +208.6% |
| Trade receivables | 40 | €2,564 | €9,264 | +€6,700 | +261.3% |
| Other amounts receivable | 41 | €438 | - | -€438 | |
| Cash at bank and in hand | 54/58 | €11,325 | €12,592 | +€1,267 | +11.2% |
| Deferred charges and accrued income | 490/1 | €1,362 | €387 | -€976 | -71.6% |
| Total equity and liabilities | 10/49 | €18,766 | €27,147 | +€8,381 | +44.7% |
| Equity | 10/15 | €9,455 | €15,732 | +€6,277 | +66.4% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €7,455 | €13,732 | +€6,277 | +84.2% |
| Distributable reserves | 133 | €7,455 | €13,732 | +€6,277 | +84.2% |
| Amounts payable | 17/49 | €9,311 | €11,415 | +€2,104 | +22.6% |
| Amounts payable within one year | 42/48 | €9,311 | €11,415 | +€2,104 | +22.6% |
| Trade debts | 44 | €900 | €2,969 | +€2,069 | +229.9% |
| Suppliers | 440/4 | €900 | €2,969 | +€2,069 | +229.9% |
| Taxes, remuneration and social security | 45 | €7,672 | €6,461 | -€1,211 | -15.8% |
| Taxes | 450/3 | €7,672 | €6,461 | -€1,211 | -15.8% |
| Other amounts payable | 47/48 | €739 | €1,985 | +€1,246 | +168.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €859 | €1,381 | +€522 | +60.8% |
| Other operating charges | 640/8 | €126 | €307 | +€180 | +143.0% |
| Gross operating margin | 9900 | €2,507 | €10,530 | +€8,023 | +320.1% |
| Operating profit (loss) | 9901 | €1,522 | €8,843 | +€7,321 | +481.0% |
| Financial income | 75/76B | €58 | €15 | -€43 | -74.7% |
| Recurring financial income | 75 | €58 | €15 | -€43 | -74.7% |
| Financial charges | 65/66B | €148 | €162 | +€14 | +9.8% |
| Recurring financial charges | 65 | €148 | €162 | +€14 | +9.8% |
| Profit (loss) for the period before taxes | 9903 | €1,432 | €8,695 | +€7,263 | +507.3% |
| Income taxes | 67/77 | €1,327 | €2,417 | +€1,090 | +82.1% |
| Profit (loss) for the period | 9904 | €105 | €6,277 | +€6,173 | +5904.8% |
| Profit (loss) for the period to be appropriated | 9905 | €105 | €6,277 | +€6,173 | +5904.8% |
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 9 October 2026 via checked.be.