CAPTUM: 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.
CAPTUM
Largest movements
- Current investments +€160,000
new in 2025: €160,000
- Deferred charges and accrued income +€125,065
up €125,065 (+12814.0%), from €976 to €126,041
- Receivables within one year -€35,091
down €35,091 (-100.0%), from €35,091 to €0
- Tangible fixed assets -€15,009
down €15,009 (-3.5%), from €431,784 to €416,775
of which Furniture and vehicles: -€7,795
- Other debts +€411,995
up €411,995 (+259.2%), from €158,979 to €570,974
- Profit (loss) carried forward -€185,626
down €185,626 (-97.8%), from €189,736 to €4,110
- Tax, wage and social debts +€54,261
up €54,261 (+119.6%), from €45,372 to €99,633
- Current portion of long-term debt -€50,000
no longer reported in 2025 (was €50,000)
- Gross operating margin +€153,536
up €153,536 (+55.2%), from €278,269 to €431,805
- Taxes +€35,301
up €35,301 (+56.1%), from €62,912 to €98,213
- Financial income -€4,748
down €4,748 (-70.3%), from €6,757 to €2,009
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 | €531,574 | €769,106 | +€237,532 | +44.7% |
| Fixed assets | 21/28 | €432,424 | €417,415 | -€15,009 | -3.5% |
| Tangible fixed assets | 22/27 | €431,784 | €416,775 | -€15,009 | -3.5% |
| Land and buildings | 22 | €406,248 | €399,034 | -€7,214 | -1.8% |
| Furniture and vehicles | 24 | €25,536 | €17,741 | -€7,795 | -30.5% |
| Financial fixed assets | 28 | €640 | €640 | = | 0.0% |
| Current assets | 29/58 | €99,150 | €351,691 | +€252,541 | +254.7% |
| Amounts receivable within one year | 40/41 | €35,091 | €0 | -€35,091 | -100.0% |
| Trade receivables | 40 | €35,091 | €0 | -€35,091 | -100.0% |
| Current investments | 50/53 | - | €160,000 | +€160,000 | |
| Cash at bank and in hand | 54/58 | €63,083 | €65,650 | +€2,567 | +4.1% |
| Deferred charges and accrued income | 490/1 | €976 | €126,041 | +€125,065 | +12814.0% |
| Total equity and liabilities | 10/49 | €531,574 | €769,106 | +€237,532 | +44.7% |
| Equity | 10/15 | €210,551 | €24,925 | -€185,626 | -88.2% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Reserves | 13 | €2,265 | €2,265 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,855 | €1,855 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,855 | €1,855 | = | 0.0% |
| Tax-exempt reserves | 132 | €410 | €410 | = | 0.0% |
| Profit (loss) carried forward | 14 | €189,736 | €4,110 | -€185,626 | -97.8% |
| Amounts payable | 17/49 | €321,023 | €744,181 | +€423,158 | +131.8% |
| Amounts payable after more than one year | 17 | €50,000 | €50,000 | = | 0.0% |
| Financial debts | 170/4 | €50,000 | €50,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €271,023 | €694,181 | +€423,158 | +156.1% |
| Current portion of amounts payable after more than one year | 42 | €50,000 | - | -€50,000 | |
| Trade debts | 44 | €16,672 | €23,574 | +€6,902 | +41.4% |
| Suppliers | 440/4 | €16,672 | €23,574 | +€6,902 | +41.4% |
| Taxes, remuneration and social security | 45 | €45,372 | €99,633 | +€54,261 | +119.6% |
| Taxes | 450/3 | €45,372 | €99,633 | +€54,261 | +119.6% |
| Other amounts payable | 47/48 | €158,979 | €570,974 | +€411,995 | +259.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,106 | €16,229 | +€123 | +0.8% |
| Other operating charges | 640/8 | €1,333 | €1,606 | +€273 | +20.5% |
| Gross operating margin | 9900 | €278,269 | €431,805 | +€153,536 | +55.2% |
| Operating profit (loss) | 9901 | €260,830 | €413,970 | +€153,140 | +58.7% |
| Financial income | 75/76B | €6,757 | €2,009 | -€4,748 | -70.3% |
| Recurring financial income | 75 | €6,757 | €2,009 | -€4,748 | -70.3% |
| Financial charges | 65/66B | €15,075 | €14,392 | -€683 | -4.5% |
| Recurring financial charges | 65 | €15,075 | €14,392 | -€683 | -4.5% |
| Profit (loss) for the period before taxes | 9903 | €252,512 | €401,587 | +€149,075 | +59.0% |
| Income taxes | 67/77 | €62,912 | €98,213 | +€35,301 | +56.1% |
| Profit (loss) for the period | 9904 | €189,600 | €303,374 | +€113,774 | +60.0% |
| Profit (loss) for the period to be appropriated | 9905 | €189,600 | €303,374 | +€113,774 | +60.0% |
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 11 October 2026 via checked.be.