Garage 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.
Garage Cappon
Largest movements
- Cash +€311,189
up €311,189 (+64.2%), from €484,635 to €795,824
mainly Net result for the year (+€215,989) and Current investments (+€85,043)
- Current investments -€85,043
down €85,043 (-11.2%), from €758,600 to €673,557
- Stocks and contracts -€58,117
down €58,117 (-7.0%), from €829,293 to €771,176
- Receivables within one year +€36,845
up €36,845 (+26.7%), from €137,987 to €174,832
of which Trade receivables: +€59,406
- Reserves +€178,822
up €178,822 (+12.9%), from €1.4m to €1.6m
of which Distributable reserves: +€178,822
- Tax, wage and social debts +€53,221
up €53,221 (+148%), from €36,042 to €89,263
of which Taxes: +€51,766
- Gross operating margin -€59,270
down €59,270 (-8.4%), from €705,037 to €645,767
- Financial charges -€23,879
down €23,879 (-27.6%), from €86,620 to €62,741
- Depreciation -€17,208
down €17,208 (-23.2%), from €74,014 to €56,806
- Taxes -€10,267
down €10,267 (-9.8%), from €105,233 to €94,966
- Staff costs +€8,167
up €8,167 (+4.1%), from €199,247 to €207,413
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 | €2,707,663 | €2,907,724 | +€200,061 | +7.4% |
| Fixed assets | 21/28 | €489,847 | €492,335 | +€2,488 | +0.5% |
| Intangible fixed assets | 21 | €4,725 | €2,095 | -€2,630 | -55.7% |
| Tangible fixed assets | 22/27 | €483,272 | €488,390 | +€5,118 | +1.1% |
| Land and buildings | 22 | €369,123 | €359,662 | -€9,461 | -2.6% |
| Plant, machinery and equipment | 23 | €29,812 | €31,159 | +€1,347 | +4.5% |
| Furniture and vehicles | 24 | €84,338 | €97,569 | +€13,231 | +15.7% |
| Financial fixed assets | 28 | €1,850 | €1,850 | = | 0.0% |
| Current assets | 29/58 | €2,217,816 | €2,415,389 | +€197,573 | +8.9% |
| Stocks and contracts in progress | 3 | €829,293 | €771,176 | -€58,117 | -7.0% |
| Stocks | 30/36 | €829,293 | €771,176 | -€58,117 | -7.0% |
| Amounts receivable within one year | 40/41 | €137,987 | €174,832 | +€36,845 | +26.7% |
| Trade receivables | 40 | €115,426 | €174,832 | +€59,406 | +51.5% |
| Other amounts receivable | 41 | €22,561 | €0 | -€22,561 | -100% |
| Current investments | 50/53 | €758,600 | €673,557 | -€85,043 | -11.2% |
| Cash at bank and in hand | 54/58 | €484,635 | €795,824 | +€311,189 | +64.2% |
| Deferred charges and accrued income | 490/1 | €7,300 | €0 | -€7,300 | -100% |
| Total equity and liabilities | 10/49 | €2,707,663 | €2,907,724 | +€200,061 | +7.4% |
| Equity | 10/15 | €1,515,265 | €1,694,086 | +€178,822 | +11.8% |
| Contributions | 10/11 | €125,000 | €125,000 | = | 0.0% |
| Capital | 10 | €125,000 | €125,000 | = | 0.0% |
| Issued capital | 100 | €125,000 | €125,000 | = | 0.0% |
| Reserves | 13 | €1,386,245 | €1,565,067 | +€178,822 | +12.9% |
| Non-distributable reserves | 130/1 | €12,500 | €12,500 | = | 0.0% |
| Legal reserve | 130 | €12,500 | €12,500 | = | 0.0% |
| Distributable reserves | 133 | €1,373,745 | €1,552,567 | +€178,822 | +13.0% |
| Profit (loss) carried forward | 14 | €4,020 | €4,020 | = | 0.0% |
| Amounts payable | 17/49 | €1,192,398 | €1,213,638 | +€21,239 | +1.8% |
| Amounts payable after more than one year | 17 | €643,000 | €643,000 | = | 0.0% |
| Other amounts payable | 178/9 | €643,000 | €643,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €549,398 | €570,638 | +€21,239 | +3.9% |
| Trade debts | 44 | €50,442 | €33,360 | -€17,082 | -33.9% |
| Suppliers | 440/4 | €50,442 | €33,360 | -€17,082 | -33.9% |
| Taxes, remuneration and social security | 45 | €36,042 | €89,263 | +€53,221 | +148% |
| Taxes | 450/3 | €15,360 | €67,126 | +€51,766 | +337% |
| Remuneration and social security | 454/9 | €20,682 | €22,137 | +€1,455 | +7.0% |
| Other amounts payable | 47/48 | €462,914 | €448,015 | -€14,899 | -3.2% |
| Remuneration, social security and pensions | 62 | €199,247 | €207,413 | +€8,167 | +4.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €74,014 | €56,806 | -€17,208 | -23.2% |
| Other operating charges | 640/8 | €28,362 | €33,700 | +€5,339 | +18.8% |
| Gross operating margin | 9900 | €705,037 | €645,767 | -€59,270 | -8.4% |
| Operating profit (loss) | 9901 | €403,415 | €347,848 | -€55,567 | -13.8% |
| Financial income | 75/76B | €27,831 | €25,848 | -€1,983 | -7.1% |
| Recurring financial income | 75 | €27,831 | €25,848 | -€1,983 | -7.1% |
| Financial charges | 65/66B | €86,620 | €62,741 | -€23,879 | -27.6% |
| Recurring financial charges | 65 | €86,620 | €62,741 | -€23,879 | -27.6% |
| Profit (loss) for the period before taxes | 9903 | €344,627 | €310,955 | -€33,671 | -9.8% |
| Income taxes | 67/77 | €105,233 | €94,966 | -€10,267 | -9.8% |
| Profit (loss) for the period | 9904 | €239,393 | €215,989 | -€23,404 | -9.8% |
| Profit (loss) for the period to be appropriated | 9905 | €239,393 | €215,989 | -€23,404 | -9.8% |
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 24 October 2026 via checked.be.