CAPTION CONSULTING: 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.
CAPTION CONSULTING
Largest movements
- Tangible fixed assets +€43,764
up €43,764 (+8.8%), from €496,011 to €539,775
of which Land and buildings: +€51,693
- Cash +€35,835
up €35,835 (+16.2%), from €220,741 to €256,576
mainly Net result for the year (+€69,960) and Debts after one year (+€36,830)
- Reserves +€68,360
up €68,360 (+17.9%), from €382,463 to €450,822
- Debts after one year +€36,830
up €36,830 (+10.8%), from €341,419 to €378,249
- Current portion of long-term debt -€25,744
no longer reported in 2025 (was €25,744)
- Gross operating margin -€113,573
down €113,573 (-42.7%), from €265,806 to €152,232
- Taxes -€32,372
down €32,372 (-53.2%), from €60,847 to €28,476
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 | €772,269 | €846,516 | +€74,247 | +9.6% |
| Fixed assets | 21/28 | €496,011 | €539,775 | +€43,764 | +8.8% |
| Tangible fixed assets | 22/27 | €496,011 | €539,775 | +€43,764 | +8.8% |
| Land and buildings | 22 | €472,932 | €524,625 | +€51,693 | +10.9% |
| Plant, machinery and equipment | 23 | €13,495 | €10,159 | -€3,335 | -24.7% |
| Furniture and vehicles | 24 | €9,584 | €4,990 | -€4,594 | -47.9% |
| Current assets | 29/58 | €276,258 | €306,741 | +€30,483 | +11.0% |
| Amounts receivable within one year | 40/41 | €54,578 | €49,220 | -€5,357 | -9.8% |
| Trade receivables | 40 | €51,671 | €29,494 | -€22,177 | -42.9% |
| Other amounts receivable | 41 | €2,907 | €19,726 | +€16,820 | +578.7% |
| Cash at bank and in hand | 54/58 | €220,741 | €256,576 | +€35,835 | +16.2% |
| Deferred charges and accrued income | 490/1 | €940 | €945 | +€6 | +0.6% |
| Total equity and liabilities | 10/49 | €772,269 | €846,516 | +€74,247 | +9.6% |
| Equity | 10/15 | €385,463 | €453,822 | +€68,360 | +17.7% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €382,463 | €450,822 | +€68,360 | +17.9% |
| Distributable reserves | 133 | €382,463 | €450,822 | +€68,360 | +17.9% |
| Amounts payable | 17/49 | €386,806 | €392,693 | +€5,887 | +1.5% |
| Amounts payable after more than one year | 17 | €341,419 | €378,249 | +€36,830 | +10.8% |
| Financial debts | 170/4 | €341,419 | €378,249 | +€36,830 | +10.8% |
| Amounts payable within one year | 42/48 | €45,387 | €14,444 | -€30,943 | -68.2% |
| Current portion of amounts payable after more than one year | 42 | €25,744 | - | -€25,744 | |
| Trade debts | 44 | €7,012 | €832 | -€6,180 | -88.1% |
| Suppliers | 440/4 | €7,012 | €832 | -€6,180 | -88.1% |
| Taxes, remuneration and social security | 45 | €10,762 | €11,263 | +€501 | +4.7% |
| Taxes | 450/3 | €10,762 | €11,263 | +€501 | +4.7% |
| Other amounts payable | 47/48 | €1,870 | €2,350 | +€480 | +25.7% |
| Non-recurring operating income | 76A | €133 | - | -€133 | |
| Remuneration, social security and pensions | 62 | €4,738 | €6,959 | +€2,221 | +46.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €23,049 | €21,905 | -€1,144 | -5.0% |
| Other operating charges | 640/8 | €1,193 | €1,228 | +€35 | +2.9% |
| Non-recurring operating charges | 66A | €20,033 | €13,592 | -€6,440 | -32.1% |
| Gross operating margin | 9900 | €265,806 | €152,232 | -€113,573 | -42.7% |
| Operating profit (loss) | 9901 | €216,793 | €108,548 | -€108,246 | -49.9% |
| Financial income | 75/76B | €108 | €985 | +€877 | +810.8% |
| Recurring financial income | 75 | €108 | €985 | +€877 | +810.8% |
| Financial charges | 65/66B | €10,415 | €11,097 | +€682 | +6.5% |
| Recurring financial charges | 65 | €10,415 | €11,097 | +€682 | +6.5% |
| Profit (loss) for the period before taxes | 9903 | €206,486 | €98,435 | -€108,051 | -52.3% |
| Income taxes | 67/77 | €60,847 | €28,476 | -€32,372 | -53.2% |
| Profit (loss) for the period | 9904 | €145,639 | €69,960 | -€75,679 | -52.0% |
| Profit (loss) for the period to be appropriated | 9905 | €145,639 | €69,960 | -€75,679 | -52.0% |
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 5 October 2026 via checked.be.