CAPTO APPAREL: 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.
CAPTO APPAREL
Largest movements
- Receivables within one year -€123,214
down €123,214 (-81.6%), from €151,047 to €27,833
of which Trade receivables: -€126,384
- Stocks and contracts -€55,672
down €55,672 (-87.3%), from €63,763 to €8,091
- Cash -€17,776
down €17,776 (-93.3%), from €19,049 to €1,272
mainly Net result for the year (-€101,343) and Trade debts (-€82,736)
- Profit (loss) carried forward -€101,343
new in 2025: -€101,343
- Trade debts -€82,736
down €82,736 (-66.7%), from €124,074 to €41,338
- Other debts -€10,887
down €10,887 (-42.7%), from €25,479 to €14,592
- Tax, wage and social debts -€6,936
down €6,936 (-35.0%), from €19,803 to €12,867
of which Taxes: -€8,241
- Advances received +€6,000
new in 2025: €6,000
- Gross operating margin -€126,730
down €126,730, from €45,438 to -€81,292
- Taxes -€5,060
down €5,060 (-100.0%), from €5,060 to €0
- Staff costs +€3,798
up €3,798 (+92.1%), from €4,122 to €7,920
- Financial charges +€1,713
up €1,713 (+34.0%), from €5,045 to €6,758
- Depreciation +€867
up €867 (+52.4%), from €1,655 to €2,523
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 | €247,113 | €47,477 | -€199,635 | -80.8% |
| Fixed assets | 21/28 | €12,499 | €10,180 | -€2,319 | -18.6% |
| Tangible fixed assets | 22/27 | €12,499 | €10,180 | -€2,319 | -18.6% |
| Plant, machinery and equipment | 23 | €2,114 | €1,293 | -€822 | -38.9% |
| Furniture and vehicles | 24 | €5,456 | €5,039 | -€417 | -7.6% |
| Other tangible fixed assets | 26 | €4,929 | €3,849 | -€1,080 | -21.9% |
| Current assets | 29/58 | €234,614 | €37,297 | -€197,316 | -84.1% |
| Stocks and contracts in progress | 3 | €63,763 | €8,091 | -€55,672 | -87.3% |
| Stocks | 30/36 | €63,763 | €8,091 | -€55,672 | -87.3% |
| Amounts receivable within one year | 40/41 | €151,047 | €27,833 | -€123,214 | -81.6% |
| Trade receivables | 40 | €150,917 | €24,533 | -€126,384 | -83.7% |
| Other amounts receivable | 41 | €129 | €3,300 | +€3,170 | +2449.2% |
| Cash at bank and in hand | 54/58 | €19,049 | €1,272 | -€17,776 | -93.3% |
| Deferred charges and accrued income | 490/1 | €756 | €102 | -€654 | -86.5% |
| Total equity and liabilities | 10/49 | €247,113 | €47,477 | -€199,635 | -80.8% |
| Equity | 10/15 | €17,271 | -€84,072 | -€101,343 | |
| Reserves | 13 | €17,271 | €17,271 | = | 0.0% |
| Distributable reserves | 133 | €17,271 | €17,271 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | -€101,343 | -€101,343 | |
| Amounts payable | 17/49 | €229,841 | €131,549 | -€98,292 | -42.8% |
| Amounts payable after more than one year | 17 | €32,374 | €27,403 | -€4,971 | -15.4% |
| Financial debts | 170/4 | €32,374 | €27,403 | -€4,971 | -15.4% |
| Amounts payable within one year | 42/48 | €195,973 | €102,652 | -€93,321 | -47.6% |
| Current portion of amounts payable after more than one year | 42 | €4,726 | €4,971 | +€245 | +5.2% |
| Financial debts | 43 | €21,891 | €22,884 | +€993 | +4.5% |
| Credit institutions | 430/8 | €21,891 | €22,884 | +€993 | +4.5% |
| Trade debts | 44 | €124,074 | €41,338 | -€82,736 | -66.7% |
| Suppliers | 440/4 | €124,074 | €41,338 | -€82,736 | -66.7% |
| Advances received on contracts in progress | 46 | - | €6,000 | +€6,000 | |
| Taxes, remuneration and social security | 45 | €19,803 | €12,867 | -€6,936 | -35.0% |
| Taxes | 450/3 | €13,301 | €5,060 | -€8,241 | -62.0% |
| Remuneration and social security | 454/9 | €6,502 | €7,806 | +€1,305 | +20.1% |
| Other amounts payable | 47/48 | €25,479 | €14,592 | -€10,887 | -42.7% |
| Accrued charges and deferred income | 492/3 | €1,495 | €1,495 | = | 0.0% |
| Remuneration, social security and pensions | 62 | €4,122 | €7,920 | +€3,798 | +92.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,655 | €2,523 | +€867 | +52.4% |
| Other operating charges | 640/8 | €887 | €1,564 | +€676 | +76.2% |
| Non-recurring operating charges | 66A | - | €2,094 | +€2,094 | |
| Gross operating margin | 9900 | €45,438 | -€81,292 | -€126,730 | |
| Operating profit (loss) | 9901 | €38,774 | -€95,393 | -€134,166 | |
| Financial income | 75/76B | €39 | €808 | +€769 | +1977.4% |
| Recurring financial income | 75 | €39 | €808 | +€769 | +1977.4% |
| Financial charges | 65/66B | €5,045 | €6,758 | +€1,713 | +34.0% |
| Recurring financial charges | 65 | €5,045 | €6,758 | +€1,713 | +34.0% |
| Profit (loss) for the period before taxes | 9903 | €33,767 | -€101,343 | -€135,111 | |
| Income taxes | 67/77 | €5,060 | €0 | -€5,060 | -100.0% |
| Profit (loss) for the period | 9904 | €28,707 | -€101,343 | -€130,050 | |
| Profit (loss) for the period to be appropriated | 9905 | €28,707 | -€101,343 | -€130,050 |
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.