De Kapel: 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 Kapel
Largest movements
- Cash +€11,141
up €11,141 (+21.3%), from €52,423 to €63,564
mainly Net result for the year (+€10,491) and Depreciation (+€2,510)
- Tangible fixed assets -€2,510
down €2,510 (-25.4%), from €9,866 to €7,356
- Profit (loss) carried forward +€10,491
up €10,491 (+16.9%), from €62,144 to €72,635
- Other debts -€2,241
no longer reported in 2025 (was €2,241)
- Gross operating margin +€6,292
up €6,292 (+51.6%), from €12,198 to €18,489
- Taxes +€2,142
up €2,142 (+105%), from €2,039 to €4,181
- Financial income +€930
new in 2025: €930
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 | €75,307 | €82,989 | +€7,682 | +10.2% |
| Fixed assets | 21/28 | €17,350 | €15,190 | -€2,160 | -12.4% |
| Tangible fixed assets | 22/27 | €9,866 | €7,356 | -€2,510 | -25.4% |
| Land and buildings | 22 | €2,518 | €2,218 | -€300 | -11.9% |
| Plant, machinery and equipment | 23 | €4,898 | €3,924 | -€974 | -19.9% |
| Furniture and vehicles | 24 | €2,450 | €1,214 | -€1,236 | -50.4% |
| Financial fixed assets | 28 | €7,484 | €7,834 | +€350 | +4.7% |
| Current assets | 29/58 | €57,957 | €67,799 | +€9,841 | +17.0% |
| Stocks and contracts in progress | 3 | €3,649 | €3,126 | -€523 | -14.3% |
| Stocks | 30/36 | €3,649 | €3,126 | -€523 | -14.3% |
| Amounts receivable within one year | 40/41 | €997 | €183 | -€815 | -81.7% |
| Trade receivables | 40 | €36 | €183 | +€147 | +410% |
| Other amounts receivable | 41 | €961 | - | -€961 | |
| Cash at bank and in hand | 54/58 | €52,423 | €63,564 | +€11,141 | +21.3% |
| Deferred charges and accrued income | 490/1 | €888 | €926 | +€38 | +4.3% |
| Total equity and liabilities | 10/49 | €75,307 | €82,989 | +€7,682 | +10.2% |
| Equity | 10/15 | €70,204 | €80,695 | +€10,491 | +14.9% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €62,144 | €72,635 | +€10,491 | +16.9% |
| Amounts payable | 17/49 | €5,103 | €2,294 | -€2,810 | -55.1% |
| Amounts payable within one year | 42/48 | €5,103 | €2,294 | -€2,810 | -55.1% |
| Trade debts | 44 | €558 | - | -€558 | |
| Suppliers | 440/4 | €558 | - | -€558 | |
| Taxes, remuneration and social security | 45 | €2,304 | €2,294 | -€11 | -0.5% |
| Taxes | 450/3 | €2,304 | €2,294 | -€11 | -0.5% |
| Other amounts payable | 47/48 | €2,241 | - | -€2,241 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,480 | €2,510 | +€30 | +1.2% |
| Other operating charges | 640/8 | €1,647 | €1,730 | +€83 | +5.0% |
| Gross operating margin | 9900 | €12,198 | €18,489 | +€6,292 | +51.6% |
| Operating profit (loss) | 9901 | €8,071 | €14,250 | +€6,179 | +76.6% |
| Financial income | 75/76B | - | €930 | +€930 | |
| Recurring financial income | 75 | - | €930 | +€930 | |
| Financial charges | 65/66B | €481 | €508 | +€27 | +5.6% |
| Recurring financial charges | 65 | €481 | €508 | +€27 | +5.6% |
| Profit (loss) for the period before taxes | 9903 | €7,590 | €14,672 | +€7,082 | +93.3% |
| Income taxes | 67/77 | €2,039 | €4,181 | +€2,142 | +105% |
| Profit (loss) for the period | 9904 | €5,551 | €10,491 | +€4,941 | +89.0% |
| Profit (loss) for the period to be appropriated | 9905 | €5,551 | €10,491 | +€4,941 | +89.0% |
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 22 October 2026 via checked.be.