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CAPTEN: 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.

What changed

CAPTEN

BE 0826.164.638
NACE 68.121, Development of residential building projects
fiscal year 2023 against 2024filed annual accounts (NBB)
Net result for the year
€24,031
2023 · €10,875+€13,156
Equity
€693,141
2023 · €669,110+€24,031
Cash
€38,016
2023 · €32,636+€5,381
Balance sheet total
€699,120
2023 · €704,229-€5,109

Largest movements

2023 to 2024
Assets
  • Tangible fixed assets +€90,484

    up €90,484 (+25.6%), from €354,052 to €444,536

    of which Furniture and vehicles: +€103,020

  • Current investments -€85,138

    no longer reported in 2024 (was €85,138)

  • Receivables within one year -€28,219

    down €28,219 (-46.2%), from €61,058 to €32,839

    of which Trade receivables: -€29,775

  • Financial fixed assets +€12,995

    up €12,995 (+43.3%), from €30,025 to €43,020

Equity and liabilities
  • Reserves +€24,031

    up €24,031 (+4.0%), from €607,610 to €631,641

    of which Distributable reserves: +€24,031

  • Current portion of long-term debt -€21,635

    no longer reported in 2024 (was €21,635)

Income statement
  • Gross operating margin -€36,287

    down €36,287 (-52.5%), from €69,097 to €32,810

  • Financial charges -€35,040

    down €35,040 (-98.4%), from €35,620 to €579

    of which Non-recurring financial charges: -€34,999

  • Financial income +€19,636

    up €19,636 (+280.5%), from €7,000 to €26,636

    of which Non-recurring financial income: +€18,595

  • Depreciation +€10,423

    up €10,423 (+68.9%), from €15,133 to €25,555

  • Taxes +€6,362

    up €6,362 (+438.9%), from €1,450 to €7,811

From the 2023 result to the 2024 result

effect on the 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.

Result 2023 €10,875
Gross operating margin -€36,287
Depreciation -€10,423
Other operating charges +€1,551
Other operating items +€10,000
Financial income +€19,636
Financial charges +€35,040
Taxes -€6,362
Result 2024 €24,031

Cash bridge derived

cash 2023 to 2024

Derived from the 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.

From operations +€70,912
Investment -€43,897
Financing -€21,635
Cash 2023 €32,636
Net result for the year +€24,031
Depreciation +€25,555
Receivables within one year +€28,219
Deferred charges and accrued income +€611
Trade debts +€2,444
Tax, wage and social debts -€6,855
Other debts -€3,119
Accrued charges and deferred income +€25
Investment in fixed assets (net) -€129,035
Current investments +€85,138
Current portion of long-term debt -€21,635
Cash 2024 €38,016
Every line side by side 50 lines
Line Code 2023 2024 Change %
Total assets 20/58 €704,229 €699,120 -€5,109 -0.7%
Formation expenses 20 €0 €0 =
Fixed assets 21/28 €384,077 €487,556 +€103,479 +26.9%
Tangible fixed assets 22/27 €354,052 €444,536 +€90,484 +25.6%
Land and buildings 22 €351,733 €339,598 -€12,135 -3.5%
Plant, machinery and equipment 23 €495 €94 -€401 -81.0%
Furniture and vehicles 24 €1,824 €104,844 +€103,020 +5648.7%
Financial fixed assets 28 €30,025 €43,020 +€12,995 +43.3%
Current assets 29/58 €320,152 €211,564 -€108,588 -33.9%
Amounts receivable after more than one year 29 €135,000 €135,000 = 0.0%
Other amounts receivable 291 €135,000 €135,000 = 0.0%
Amounts receivable within one year 40/41 €61,058 €32,839 -€28,219 -46.2%
Trade receivables 40 €61,058 €31,283 -€29,775 -48.8%
Other amounts receivable 41 - €1,556 +€1,556
Current investments 50/53 €85,138 - -€85,138
Cash at bank and in hand 54/58 €32,636 €38,016 +€5,381 +16.5%
Deferred charges and accrued income 490/1 €6,321 €5,709 -€611 -9.7%
Total equity and liabilities 10/49 €704,229 €699,120 -€5,109 -0.7%
Equity 10/15 €669,110 €693,141 +€24,031 +3.6%
Contributions 10/11 €61,500 €61,500 = 0.0%
Capital 10 €61,500 €61,500 = 0.0%
Issued capital 100 €61,500 €61,500 = 0.0%
Reserves 13 €607,610 €631,641 +€24,031 +4.0%
Non-distributable reserves 130/1 €6,150 €6,150 = 0.0%
Legal reserve 130 €6,150 €6,150 = 0.0%
Distributable reserves 133 €601,460 €625,491 +€24,031 +4.0%
Amounts payable 17/49 €35,119 €5,980 -€29,140 -83.0%
Amounts payable within one year 42/48 €34,069 €4,905 -€29,165 -85.6%
Current portion of amounts payable after more than one year 42 €21,635 - -€21,635
Trade debts 44 €54 €2,498 +€2,444 +4530.2%
Suppliers 440/4 €54 €2,498 +€2,444 +4530.2%
Taxes, remuneration and social security 45 €9,262 €2,407 -€6,855 -74.0%
Taxes 450/3 €9,262 €2,407 -€6,855 -74.0%
Other amounts payable 47/48 €3,119 - -€3,119
Accrued charges and deferred income 492/3 €1,050 €1,075 +€25 +2.4%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €15,133 €25,555 +€10,423 +68.9%
Other operating charges 640/8 €3,020 €1,469 -€1,551 -51.4%
Non-recurring operating charges 66A €10,000 - -€10,000
Gross operating margin 9900 €69,097 €32,810 -€36,287 -52.5%
Operating profit (loss) 9901 €40,944 €5,786 -€35,158 -85.9%
Financial income 75/76B €7,000 €26,636 +€19,636 +280.5%
Recurring financial income 75 €7,000 €8,041 +€1,041 +14.9%
Non-recurring financial income 76B - €18,595 +€18,595
Financial charges 65/66B €35,620 €579 -€35,040 -98.4%
Recurring financial charges 65 €621 €579 -€42 -6.7%
Non-recurring financial charges 66B €34,999 - -€34,999
Profit (loss) for the period before taxes 9903 €12,324 €31,843 +€19,518 +158.4%
Income taxes 67/77 €1,450 €7,811 +€6,362 +438.9%
Profit (loss) for the period 9904 €10,875 €24,031 +€13,156 +121.0%
Profit (loss) for the period to be appropriated 9905 €10,875 €24,031 +€13,156 +121.0%

Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 28 September 2026 via checked.be.