CAPTATIO: what changed
CAPTATIO
Largest movements
- Cash +€43,439
up €43,439 (+102%), from €42,491 to €85,931
mainly Net result for the year (+€18,687) and Other debts (+€18,687)
- Tangible fixed assets -€5,331
down €5,331 (-76.9%), from €6,937 to €1,606
of which Furniture and vehicles: -€5,388
- Receivables within one year -€2,362
down €2,362 (-14.1%), from €16,798 to €14,436
of which Trade receivables: -€2,214
- Deferred charges and accrued income -€1,963
down €1,963 (-81.4%), from €2,411 to €448
- Other debts +€18,687
new in 2025: €18,687
- Trade debts +€12,385
up €12,385 (+172%), from €7,200 to €19,585
- Tax, wage and social debts +€8,371
up €8,371 (+76.4%), from €10,956 to €19,328
- Debts after one year -€4,369
no longer reported in 2025 (was €4,369)
- Current portion of long-term debt -€1,291
down €1,291 (-22.8%), from €5,660 to €4,369
- Depreciation -€2,075
down €2,075 (-24.4%), from €8,511 to €6,436
- Gross operating margin +€531
up €531 (+1.6%), from €32,712 to €33,243
- Taxes -€457
down €457 (-6.0%), from €7,593 to €7,137
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €68,638 | €102,421 | +€33,783 | +49.2% |
| Fixed assets | 21/28 | €6,937 | €1,606 | -€5,331 | -76.9% |
| Intangible fixed assets | 21 | €1 | €0 | -€0 | -37.0% |
| Tangible fixed assets | 22/27 | €6,937 | €1,606 | -€5,331 | -76.9% |
| Plant, machinery and equipment | 23 | €680 | €737 | +€57 | +8.4% |
| Furniture and vehicles | 24 | €6,257 | €869 | -€5,388 | -86.1% |
| Current assets | 29/58 | €61,701 | €100,815 | +€39,114 | +63.4% |
| Amounts receivable within one year | 40/41 | €16,798 | €14,436 | -€2,362 | -14.1% |
| Trade receivables | 40 | €16,133 | €13,919 | -€2,214 | -13.7% |
| Other amounts receivable | 41 | €665 | €517 | -€148 | -22.3% |
| Cash at bank and in hand | 54/58 | €42,491 | €85,931 | +€43,439 | +102% |
| Deferred charges and accrued income | 490/1 | €2,411 | €448 | -€1,963 | -81.4% |
| Total equity and liabilities | 10/49 | €68,638 | €102,421 | +€33,783 | +49.2% |
| Equity | 10/15 | €40,453 | €40,453 | = | 0.0% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Reserves | 13 | €37,953 | €37,953 | = | 0.0% |
| Distributable reserves | 133 | €37,953 | €37,953 | = | 0.0% |
| Amounts payable | 17/49 | €28,185 | €61,968 | +€33,783 | +120% |
| Amounts payable after more than one year | 17 | €4,369 | - | -€4,369 | |
| Financial debts | 170/4 | €4,369 | - | -€4,369 | |
| Amounts payable within one year | 42/48 | €23,816 | €61,968 | +€38,152 | +160% |
| Current portion of amounts payable after more than one year | 42 | €5,660 | €4,369 | -€1,291 | -22.8% |
| Trade debts | 44 | €7,200 | €19,585 | +€12,385 | +172% |
| Suppliers | 440/4 | €7,200 | €19,585 | +€12,385 | +172% |
| Taxes, remuneration and social security | 45 | €10,956 | €19,328 | +€8,371 | +76.4% |
| Taxes | 450/3 | €10,956 | €19,328 | +€8,371 | +76.4% |
| Other amounts payable | 47/48 | - | €18,687 | +€18,687 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,511 | €6,436 | -€2,075 | -24.4% |
| Other operating charges | 640/8 | €452 | €779 | +€327 | +72.4% |
| Gross operating margin | 9900 | €32,712 | €33,243 | +€531 | +1.6% |
| Operating profit (loss) | 9901 | €23,749 | €26,028 | +€2,279 | +9.6% |
| Financial income | 75/76B | €120 | €319 | +€199 | +166% |
| Recurring financial income | 75 | €120 | €319 | +€199 | +166% |
| Financial charges | 65/66B | €505 | €523 | +€18 | +3.5% |
| Recurring financial charges | 65 | €505 | €523 | +€18 | +3.5% |
| Profit (loss) for the period before taxes | 9903 | €23,363 | €25,823 | +€2,460 | +10.5% |
| Income taxes | 67/77 | €7,593 | €7,137 | -€457 | -6.0% |
| Profit (loss) for the period | 9904 | €15,770 | €18,687 | +€2,917 | +18.5% |
| Profit (loss) for the period to be appropriated | 9905 | €15,770 | €18,687 | +€2,917 | +18.5% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 8 November 2026 via checked.be.