Dr. Capelle Rani: what changed
Two fiscal 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.
Dr. Capelle Rani
Largest movements
- Cash -€55,628
down €55,628 (-46.2%), from €120,283 to €64,655
mainly Contributions, distributions and other (-€58,693) and Tax, wage and social debts (-€26,500)
- Receivables after one year +€15,000
new in 2025: €15,000
- Deferred charges and accrued income +€4,713
up €4,713 (+82.6%), from €5,707 to €10,420
- Tax, wage and social debts -€26,500
down €26,500 (-75.1%), from €35,304 to €8,804
- Other debts -€5,428
down €5,428 (-4.9%), from €111,629 to €106,201
- Profit (loss) carried forward -€3,865
no longer reported in 2025 (was €3,865)
- Gross operating margin -€3,350
down €3,350 (-4.5%), from €74,981 to €71,632
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.
Cash bridge derived
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 | €154,420 | €118,373 | -€36,047 | -23.3% |
| Formation expenses | 20 | €573 | €293 | -€280 | -48.9% |
| Fixed assets | 21/28 | €25,362 | €24,633 | -€729 | -2.9% |
| Tangible fixed assets | 22/27 | €1,506 | €777 | -€729 | -48.4% |
| Plant, machinery and equipment | 23 | €1,506 | €777 | -€729 | -48.4% |
| Financial fixed assets | 28 | €23,856 | €23,856 | = | 0.0% |
| Current assets | 29/58 | €128,485 | €93,447 | -€35,038 | -27.3% |
| Amounts receivable after more than one year | 29 | - | €15,000 | +€15,000 | |
| Trade receivables | 290 | - | €15,000 | +€15,000 | |
| Amounts receivable within one year | 40/41 | €2,495 | €3,371 | +€876 | +35.1% |
| Trade receivables | 40 | €2,495 | - | -€2,495 | |
| Other amounts receivable | 41 | - | €3,371 | +€3,371 | |
| Cash at bank and in hand | 54/58 | €120,283 | €64,655 | -€55,628 | -46.2% |
| Deferred charges and accrued income | 490/1 | €5,707 | €10,420 | +€4,713 | +82.6% |
| Total equity and liabilities | 10/49 | €154,420 | €118,373 | -€36,047 | -23.3% |
| Equity | 10/15 | €6,365 | €2,500 | -€3,865 | -60.7% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €3,865 | - | -€3,865 | |
| Amounts payable | 17/49 | €148,055 | €115,873 | -€32,182 | -21.7% |
| Amounts payable within one year | 42/48 | €148,042 | €115,860 | -€32,182 | -21.7% |
| Trade debts | 44 | €1,109 | €855 | -€254 | -22.9% |
| Suppliers | 440/4 | €1,109 | €855 | -€254 | -22.9% |
| Taxes, remuneration and social security | 45 | €35,304 | €8,804 | -€26,500 | -75.1% |
| Taxes | 450/3 | €35,304 | €8,804 | -€26,500 | -75.1% |
| Other amounts payable | 47/48 | €111,629 | €106,201 | -€5,428 | -4.9% |
| Accrued charges and deferred income | 492/3 | €13 | €13 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,009 | €1,009 | -€0 | 0.0% |
| Other operating charges | 640/8 | €544 | €817 | +€273 | +50.1% |
| Gross operating margin | 9900 | €74,981 | €71,632 | -€3,350 | -4.5% |
| Operating profit (loss) | 9901 | €73,428 | €69,806 | -€3,623 | -4.9% |
| Financial charges | 65/66B | €241 | €348 | +€107 | +44.4% |
| Recurring financial charges | 65 | €241 | €348 | +€107 | +44.4% |
| Profit (loss) for the period before taxes | 9903 | €73,187 | €69,457 | -€3,730 | -5.1% |
| Income taxes | 67/77 | €15,304 | €14,629 | -€675 | -4.4% |
| Profit (loss) for the period | 9904 | €57,883 | €54,828 | -€3,054 | -5.3% |
| Profit (loss) for the period to be appropriated | 9905 | €57,883 | €54,828 | -€3,054 | -5.3% |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.