De Kapper Elewijt: 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 Kapper Elewijt
Largest movements
- Receivables within one year +€4,635
up €4,635 (+804%), from €576 to €5,212
of which Trade receivables: +€5,212
- Cash +€3,121
up €3,121 (+61.1%), from €5,105 to €8,226
mainly Trade debts (+€5,301) and Depreciation (+€3,440)
- Tangible fixed assets -€2,440
down €2,440 (-68.3%), from €3,573 to €1,132
of which Plant, machinery and equipment: -€1,753
- Intangible fixed assets -€1,000
down €1,000 (-17.9%), from €5,578 to €4,578
- Stocks and contracts +€785
up €785 (+1,631%), from €48 to €833
- Trade debts +€5,301
up €5,301 (+773%), from €686 to €5,986
- Other debts -€2,192
down €2,192 (-10.4%), from €21,069 to €18,877
- Profit (loss) carried forward +€2,162
up €2,162 (+7.9%), from -€27,361 to -€25,199
- Gross operating margin +€4,804
up €4,804 (+179%), from €2,680 to €7,485
- Depreciation -€928
down €928 (-21.2%), from €4,368 to €3,440
- Financial charges -€439
down €439 (-24.7%), from €1,776 to €1,337
- Other operating charges -€389
down €389 (-49.6%), from €785 to €396
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 | €14,881 | €20,048 | +€5,167 | +34.7% |
| Fixed assets | 21/28 | €9,151 | €5,710 | -€3,440 | -37.6% |
| Intangible fixed assets | 21 | €5,578 | €4,578 | -€1,000 | -17.9% |
| Tangible fixed assets | 22/27 | €3,573 | €1,132 | -€2,440 | -68.3% |
| Plant, machinery and equipment | 23 | €2,885 | €1,132 | -€1,753 | -60.8% |
| Furniture and vehicles | 24 | €688 | €0 | -€688 | -100% |
| Current assets | 29/58 | €5,730 | €14,337 | +€8,607 | +150% |
| Stocks and contracts in progress | 3 | €48 | €833 | +€785 | +1,631% |
| Stocks | 30/36 | €48 | €833 | +€785 | +1,631% |
| Amounts receivable within one year | 40/41 | €576 | €5,212 | +€4,635 | +804% |
| Trade receivables | 40 | €0 | €5,212 | +€5,212 | |
| Other amounts receivable | 41 | €576 | €0 | -€576 | -100% |
| Cash at bank and in hand | 54/58 | €5,105 | €8,226 | +€3,121 | +61.1% |
| Deferred charges and accrued income | 490/1 | €0 | €66 | +€66 | |
| Total equity and liabilities | 10/49 | €14,881 | €20,048 | +€5,167 | +34.7% |
| Equity | 10/15 | -€11,782 | -€9,620 | +€2,162 | +18.4% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Reserves | 13 | €5,579 | €5,579 | = | 0.0% |
| Distributable reserves | 133 | €5,579 | €5,579 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€27,361 | -€25,199 | +€2,162 | +7.9% |
| Amounts payable | 17/49 | €26,663 | €29,668 | +€3,005 | +11.3% |
| Amounts payable within one year | 42/48 | €26,663 | €29,668 | +€3,005 | +11.3% |
| Trade debts | 44 | €686 | €5,986 | +€5,301 | +773% |
| Suppliers | 440/4 | €686 | €5,986 | +€5,301 | +773% |
| Taxes, remuneration and social security | 45 | €4,908 | €4,804 | -€104 | -2.1% |
| Taxes | 450/3 | €4,908 | €4,804 | -€104 | -2.1% |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €21,069 | €18,877 | -€2,192 | -10.4% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,368 | €3,440 | -€928 | -21.2% |
| Other operating charges | 640/8 | €785 | €396 | -€389 | -49.6% |
| Gross operating margin | 9900 | €2,680 | €7,485 | +€4,804 | +179% |
| Operating profit (loss) | 9901 | -€2,474 | €3,648 | +€6,122 | |
| Financial income | 75/76B | €4 | €0 | -€4 | -100% |
| Recurring financial income | 75 | €4 | €0 | -€4 | -100% |
| Financial charges | 65/66B | €1,776 | €1,337 | -€439 | -24.7% |
| Recurring financial charges | 65 | €1,776 | €1,337 | -€439 | -24.7% |
| Profit (loss) for the period before taxes | 9903 | -€4,245 | €2,312 | +€6,557 | |
| Income taxes | 67/77 | €156 | €149 | -€7 | -4.4% |
| Profit (loss) for the period | 9904 | -€4,401 | €2,162 | +€6,563 | |
| Profit (loss) for the period to be appropriated | 9905 | -€4,401 | €2,162 | +€6,563 |
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 18 October 2026 via checked.be.