CptnZeppos: 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.
CptnZeppos
Largest movements
- Current investments -€22,394
down €22,394 (-18.4%), from €121,636 to €99,242
- Tangible fixed assets +€9,238
up €9,238 (+156%), from €5,936 to €15,175
of which Other tangible fixed assets: +€10,085
- Cash -€2,765
down €2,765 (-22.3%), from €12,423 to €9,658
mainly Investment in fixed assets (net) (-€11,338) and Net result for the year (-€7,373)
- Profit (loss) carried forward -€7,373
new in 2025: -€7,373
- Tax, wage and social debts -€5,077
down €5,077 (-43.9%), from €11,575 to €6,498
- Other debts -€1,822
down €1,822 (-14.7%), from €12,356 to €10,534
- Trade debts -€1,467
down €1,467 (-2.7%), from €55,144 to €53,676
- Gross operating margin -€20,909
down €20,909, from €16,679 to -€4,230
- Taxes -€6,284
down €6,284 (-98.8%), from €6,359 to €75
- Financial charges +€1,388
up €1,388 (+352%), from €394 to €1,783
- Depreciation +€1,244
up €1,244 (+145%), from €856 to €2,100
- Financial income +€805
up €805 (+510%), from €158 to €963
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.
Derived cash bridge
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 | €143,973 | €128,234 | -€15,739 | -10.9% |
| Fixed assets | 21/28 | €5,936 | €15,175 | +€9,238 | +156% |
| Tangible fixed assets | 22/27 | €5,936 | €15,175 | +€9,238 | +156% |
| Plant, machinery and equipment | 23 | €322 | €0 | -€322 | -100% |
| Furniture and vehicles | 24 | €5,615 | €5,090 | -€525 | -9.3% |
| Other tangible fixed assets | 26 | - | €10,085 | +€10,085 | |
| Current assets | 29/58 | €138,037 | €113,059 | -€24,978 | -18.1% |
| Amounts receivable within one year | 40/41 | €3,367 | €4,158 | +€791 | +23.5% |
| Trade receivables | 40 | €1,847 | €2,630 | +€783 | +42.4% |
| Other amounts receivable | 41 | €1,520 | €1,529 | +€8 | +0.6% |
| Current investments | 50/53 | €121,636 | €99,242 | -€22,394 | -18.4% |
| Cash at bank and in hand | 54/58 | €12,423 | €9,658 | -€2,765 | -22.3% |
| Deferred charges and accrued income | 490/1 | €610 | €0 | -€610 | -100% |
| Total equity and liabilities | 10/49 | €143,973 | €128,234 | -€15,739 | -10.9% |
| Equity | 10/15 | €64,898 | €57,526 | -€7,373 | -11.4% |
| Contributions | 10/11 | €50,000 | €50,000 | = | 0.0% |
| Reserves | 13 | €14,898 | €14,898 | = | 0.0% |
| Distributable reserves | 133 | €14,898 | €14,898 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | -€7,373 | -€7,373 | |
| Amounts payable | 17/49 | €79,075 | €70,708 | -€8,367 | -10.6% |
| Amounts payable within one year | 42/48 | €79,075 | €70,708 | -€8,367 | -10.6% |
| Trade debts | 44 | €55,144 | €53,676 | -€1,467 | -2.7% |
| Suppliers | 440/4 | €55,144 | €53,676 | -€1,467 | -2.7% |
| Taxes, remuneration and social security | 45 | €11,575 | €6,498 | -€5,077 | -43.9% |
| Taxes | 450/3 | €11,575 | €6,498 | -€5,077 | -43.9% |
| Other amounts payable | 47/48 | €12,356 | €10,534 | -€1,822 | -14.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €856 | €2,100 | +€1,244 | +145% |
| Other operating charges | 640/8 | €530 | €148 | -€382 | -72.1% |
| Gross operating margin | 9900 | €16,679 | -€4,230 | -€20,909 | |
| Operating profit (loss) | 9901 | €15,293 | -€6,478 | -€21,771 | |
| Financial income | 75/76B | €158 | €963 | +€805 | +510% |
| Recurring financial income | 75 | €158 | €963 | +€805 | +510% |
| Financial charges | 65/66B | €394 | €1,783 | +€1,388 | +352% |
| Recurring financial charges | 65 | €394 | €1,783 | +€1,388 | +352% |
| Profit (loss) for the period before taxes | 9903 | €15,056 | -€7,298 | -€22,354 | |
| Income taxes | 67/77 | €6,359 | €75 | -€6,284 | -98.8% |
| Profit (loss) for the period | 9904 | €8,697 | -€7,373 | -€16,070 | |
| Profit (loss) for the period to be appropriated | 9905 | €8,697 | -€7,373 | -€16,070 |
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 16 October 2026 via checked.be.