De Coninck - Cappon: 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.
De Coninck - Cappon
Largest movements
- Stocks and contracts -€36,165
down €36,165 (-47.6%), from €76,025 to €39,860
- Cash +€25,736
up €25,736 (+122%), from €21,045 to €46,781
mainly Stocks and contracts (+€36,165) and Net result for the year (+€6,195)
- Receivables within one year +€14,785
up €14,785 (+164%), from €8,989 to €23,774
of which Trade receivables: +€10,308
- Deferred charges and accrued income -€1,717
down €1,717 (-86.3%), from €1,990 to €273
- Tax, wage and social debts -€7,929
down €7,929 (-58.1%), from €13,637 to €5,707
- Reserves +€6,195
up €6,195 (+17.8%), from €34,769 to €40,963
of which Distributable reserves: +€6,195
- Trade debts +€3,657
up €3,657 (+46.9%), from €7,791 to €11,448
- Purchases and services +€87,430
up €87,430 (+96.0%), from €91,118 to €178,548
- Turnover +€77,890
up €77,890 (+71.0%), from €109,679 to €187,569
- Gross operating margin -€6,029
down €6,029 (-31.7%), from €19,001 to €12,972
- Depreciation -€4,800
no longer reported in 2022 (was €4,800)
- Taxes +€1,948
up €1,948 (+54.5%), from €3,577 to €5,525
From the 2021 result to the 2022 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 2021 and 2022 balance sheets and the 2022 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2021 | 2022 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €108,050 | €110,688 | +€2,638 | +2.4% |
| Current assets | 29/58 | €108,050 | €110,688 | +€2,638 | +2.4% |
| Stocks and contracts in progress | 3 | €76,025 | €39,860 | -€36,165 | -47.6% |
| Stocks | 30/36 | €76,025 | €39,860 | -€36,165 | -47.6% |
| Amounts receivable within one year | 40/41 | €8,989 | €23,774 | +€14,785 | +164% |
| Trade receivables | 40 | €2,238 | €12,546 | +€10,308 | +461% |
| Other amounts receivable | 41 | €6,751 | €11,228 | +€4,477 | +66.3% |
| Cash at bank and in hand | 54/58 | €21,045 | €46,781 | +€25,736 | +122% |
| Deferred charges and accrued income | 490/1 | €1,990 | €273 | -€1,717 | -86.3% |
| Total equity and liabilities | 10/49 | €108,050 | €110,688 | +€2,638 | +2.4% |
| Equity | 10/15 | €85,895 | €92,089 | +€6,195 | +7.2% |
| Contributions | 10/11 | €38,600 | €38,600 | = | 0.0% |
| Capital | 10 | €38,600 | €38,600 | = | 0.0% |
| Issued capital | 100 | €38,600 | €38,600 | = | 0.0% |
| Reserves | 13 | €34,769 | €40,963 | +€6,195 | +17.8% |
| Non-distributable reserves | 130/1 | €3,860 | €3,860 | = | 0.0% |
| Legal reserve | 130 | €3,860 | €3,860 | = | 0.0% |
| Distributable reserves | 133 | €30,909 | €37,103 | +€6,195 | +20.0% |
| Profit (loss) carried forward | 14 | €12,526 | €12,526 | = | 0.0% |
| Amounts payable | 17/49 | €22,155 | €18,598 | -€3,557 | -16.1% |
| Amounts payable within one year | 42/48 | €21,428 | €17,155 | -€4,273 | -19.9% |
| Trade debts | 44 | €7,791 | €11,448 | +€3,657 | +46.9% |
| Suppliers | 440/4 | €7,791 | €11,448 | +€3,657 | +46.9% |
| Taxes, remuneration and social security | 45 | €13,637 | €5,707 | -€7,929 | -58.1% |
| Taxes | 450/3 | €13,637 | €5,707 | -€7,929 | -58.1% |
| Accrued charges and deferred income | 492/3 | €727 | €1,443 | +€716 | +98.5% |
| Turnover | 70 | €109,679 | €187,569 | +€77,890 | +71.0% |
| Goods, raw materials, services and sundry goods | 60/61 | €91,118 | €178,548 | +€87,430 | +96.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,800 | - | -€4,800 | |
| Other operating charges | 640/8 | €1,331 | €1,632 | +€301 | +22.6% |
| Non-recurring operating charges | 66A | €466 | - | -€466 | |
| Gross operating margin | 9900 | €19,001 | €12,972 | -€6,029 | -31.7% |
| Operating profit (loss) | 9901 | €12,405 | €11,340 | -€1,064 | -8.6% |
| Financial income | 75/76B | €90 | €728 | +€638 | +709% |
| Recurring financial income | 75 | €90 | €728 | +€638 | +709% |
| Financial charges | 65/66B | €334 | €349 | +€15 | +4.5% |
| Recurring financial charges | 65 | €334 | €349 | +€15 | +4.5% |
| Profit (loss) for the period before taxes | 9903 | €12,161 | €11,719 | -€442 | -3.6% |
| Income taxes | 67/77 | €3,577 | €5,525 | +€1,948 | +54.5% |
| Profit (loss) for the period | 9904 | €8,584 | €6,195 | -€2,390 | -27.8% |
| Profit (loss) for the period to be appropriated | 9905 | €8,584 | €6,195 | -€2,390 | -27.8% |
Source: filed annual accounts (NBB), financial years ended 31 December 2021 and 31 December 2022. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 20 October 2026 via checked.be.