DE KAPELHOEK: what changed
What changed
DE KAPELHOEK
NACE 75.000, Veterinary services
filed annual accounts (NBB)
Net result for the year
€177,338
2024 · €186,012-€8,674
Equity
€1.4m
2024 · €1.2m+€177,338
Cash
€1.0m
2024 · €340,216+€681,073
Balance sheet total
€1.8m
2024 · €1.6m+€202,377
Largest movements
Assets
- Cash +€681,073
up €681,073 (+200%), from €340,216 to €1.0m
mainly Current investments (+€450,000) and Net result for the year (+€177,338)
- Current investments -€450,000
down €450,000 (-63.7%), from €706,049 to €256,049
- Receivables within one year -€35,278
down €35,278 (-41.9%), from €84,116 to €48,838
of which Other amounts receivable: -€30,729
Equity and liabilities
- Reserves +€177,338
up €177,338 (+15.8%), from €1.1m to €1.3m
- Other debts +€30,993
up €30,993 (+18.7%), from €165,511 to €196,504
- Tax, wage and social debts +€29,256
up €29,256 (+75.2%), from €38,886 to €68,141
of which Taxes: +€24,456
- Debts after one year -€29,000
down €29,000 (-32.0%), from €90,500 to €61,500
Income statement
- Staff costs +€11,350
up €11,350 (+14.2%), from €79,801 to €91,151
- Depreciation +€10,878
up €10,878 (+30.1%), from €36,100 to €46,978
- Taxes -€5,926
down €5,926 (-7.4%), from €79,775 to €73,848
- Other operating charges -€5,602
down €5,602 (-63.7%), from €8,796 to €3,194
- Gross operating margin +€3,762
up €3,762 (+1.0%), from €371,755 to €375,517
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
€186,012
Gross operating margin
+€3,762
Staff costs
-€11,350
Depreciation
-€10,878
Write-downs
-€3,000
Other operating charges
+€5,602
Financial income
+€759
Financial charges
+€504
Taxes
+€5,926
Result 2025
€177,338
raises the resultlowers the result
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€313,628
Investment
+€398,111
Financing
-€30,666
Cash 2024
€340,216
From operations (derived)
+€313,628
Net result for the year
+€177,338
Depreciation
+€46,978
Stocks and contracts
-€1,574
Receivables within one year
+€35,278
Deferred charges and accrued income
-€96
Trade debts
-€4,543
Tax, wage and social debts
+€29,256
Other debts
+€30,993
Investment (derived)
+€398,111
Investment in fixed assets (net)
-€51,889
Current investments
+€450,000
Financing
-€30,666
Debts after one year
-€29,000
Current portion of long-term debt
-€1,666
Cash 2025
€1.0m
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,582,047 | €1,784,424 | +€202,377 | +12.8% |
| Fixed assets | 21/28 | €376,996 | €381,907 | +€4,912 | +1.3% |
| Tangible fixed assets | 22/27 | €376,996 | €381,907 | +€4,912 | +1.3% |
| Land and buildings | 22 | €326,744 | €303,823 | -€22,921 | -7.0% |
| Plant, machinery and equipment | 23 | €48,679 | €76,836 | +€28,157 | +57.8% |
| Furniture and vehicles | 24 | €1,573 | €1,248 | -€325 | -20.6% |
| Current assets | 29/58 | €1,205,051 | €1,402,517 | +€197,466 | +16.4% |
| Stocks and contracts in progress | 3 | €74,504 | €76,079 | +€1,574 | +2.1% |
| Stocks | 30/36 | €74,504 | €76,079 | +€1,574 | +2.1% |
| Amounts receivable within one year | 40/41 | €84,116 | €48,838 | -€35,278 | -41.9% |
| Trade receivables | 40 | €18,146 | €13,597 | -€4,549 | -25.1% |
| Other amounts receivable | 41 | €65,970 | €35,241 | -€30,729 | -46.6% |
| Current investments | 50/53 | €706,049 | €256,049 | -€450,000 | -63.7% |
| Cash at bank and in hand | 54/58 | €340,216 | €1,021,288 | +€681,073 | +200% |
| Deferred charges and accrued income | 490/1 | €166 | €263 | +€96 | +57.9% |
| Total equity and liabilities | 10/49 | €1,582,047 | €1,784,424 | +€202,377 | +12.8% |
| Equity | 10/15 | €1,203,890 | €1,381,228 | +€177,338 | +14.7% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €1,119,695 | €1,297,032 | +€177,338 | +15.8% |
| Distributable reserves | 133 | €1,119,695 | €1,297,032 | +€177,338 | +15.8% |
| Profit (loss) carried forward | 14 | €64,195 | €64,195 | = | 0.0% |
| Amounts payable | 17/49 | €378,157 | €403,197 | +€25,039 | +6.6% |
| Amounts payable after more than one year | 17 | €90,500 | €61,500 | -€29,000 | -32.0% |
| Financial debts | 170/4 | €90,500 | €61,500 | -€29,000 | -32.0% |
| Amounts payable within one year | 42/48 | €287,657 | €341,697 | +€54,039 | +18.8% |
| Current portion of amounts payable after more than one year | 42 | €10,666 | €9,000 | -€1,666 | -15.6% |
| Trade debts | 44 | €72,594 | €68,051 | -€4,543 | -6.3% |
| Suppliers | 440/4 | €72,594 | €68,051 | -€4,543 | -6.3% |
| Taxes, remuneration and social security | 45 | €38,886 | €68,141 | +€29,256 | +75.2% |
| Taxes | 450/3 | €24,692 | €49,148 | +€24,456 | +99.0% |
| Remuneration and social security | 454/9 | €14,193 | €18,993 | +€4,800 | +33.8% |
| Other amounts payable | 47/48 | €165,511 | €196,504 | +€30,993 | +18.7% |
| Remuneration, social security and pensions | 62 | €79,801 | €91,151 | +€11,350 | +14.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €36,100 | €46,978 | +€10,878 | +30.1% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€3,000 | - | +€3,000 | |
| Other operating charges | 640/8 | €8,796 | €3,194 | -€5,602 | -63.7% |
| Gross operating margin | 9900 | €371,755 | €375,517 | +€3,762 | +1.0% |
| Operating profit (loss) | 9901 | €250,058 | €234,194 | -€15,864 | -6.3% |
| Financial income | 75/76B | €18,914 | €19,673 | +€759 | +4.0% |
| Recurring financial income | 75 | €18,914 | €19,673 | +€759 | +4.0% |
| Financial charges | 65/66B | €3,186 | €2,682 | -€504 | -15.8% |
| Recurring financial charges | 65 | €3,186 | €2,682 | -€504 | -15.8% |
| Profit (loss) for the period before taxes | 9903 | €265,786 | €251,186 | -€14,600 | -5.5% |
| Income taxes | 67/77 | €79,775 | €73,848 | -€5,926 | -7.4% |
| Profit (loss) for the period | 9904 | €186,012 | €177,338 | -€8,674 | -4.7% |
| Profit (loss) for the period to be appropriated | 9905 | €186,012 | €177,338 | -€8,674 | -4.7% |
Next steps
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 7 November 2026 via checked.be.