KAPATO: 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.
KAPATO
Largest movements
- Receivables within one year -€5,620
down €5,620 (-93.7%), from €5,999 to €379
of which Other amounts receivable: -€5,620
- Tangible fixed assets -€3,454
down €3,454 (-24.4%), from €14,158 to €10,704
of which Other tangible fixed assets: -€2,268
- Cash -€1,118
down €1,118 (-4.5%), from €25,016 to €23,898
mainly Net result for the year (-€18,691) and Accrued charges and deferred income (-€3,037)
- Profit (loss) carried forward -€18,691
down €18,691, from €0 to -€18,691
- Other debts +€8,693
up €8,693 (+862%), from €1,009 to €9,702
- Accrued charges and deferred income -€3,037
down €3,037 (-99.5%), from €3,054 to €16
- Tax, wage and social debts +€2,979
up €2,979 (+68.6%), from €4,344 to €7,323
- Trade debts -€498
down €498 (-22.2%), from €2,245 to €1,747
- Gross operating margin -€16,169
down €16,169, from €2,161 to -€14,009
- Depreciation -€2,954
down €2,954 (-54.4%), from €5,425 to €2,471
- Financial charges -€1,933
down €1,933 (-82.1%), from €2,356 to €423
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 | €47,272 | €36,719 | -€10,553 | -22.3% |
| Fixed assets | 21/28 | €14,558 | €11,104 | -€3,454 | -23.7% |
| Tangible fixed assets | 22/27 | €14,158 | €10,704 | -€3,454 | -24.4% |
| Furniture and vehicles | 24 | €2,478 | €1,292 | -€1,186 | -47.8% |
| Other tangible fixed assets | 26 | €11,680 | €9,412 | -€2,268 | -19.4% |
| Financial fixed assets | 28 | €400 | €400 | = | 0.0% |
| Current assets | 29/58 | €32,714 | €25,615 | -€7,099 | -21.7% |
| Amounts receivable within one year | 40/41 | €5,999 | €379 | -€5,620 | -93.7% |
| Trade receivables | 40 | €0 | - | = | |
| Other amounts receivable | 41 | €5,999 | €379 | -€5,620 | -93.7% |
| Cash at bank and in hand | 54/58 | €25,016 | €23,898 | -€1,118 | -4.5% |
| Deferred charges and accrued income | 490/1 | €1,699 | €1,338 | -€361 | -21.3% |
| Total equity and liabilities | 10/49 | €47,272 | €36,719 | -€10,553 | -22.3% |
| Equity | 10/15 | €36,621 | €17,930 | -€18,691 | -51.0% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €30,421 | €30,421 | = | 0.0% |
| Distributable reserves | 133 | €30,421 | €30,421 | = | 0.0% |
| Profit (loss) carried forward | 14 | €0 | -€18,691 | -€18,691 | |
| Amounts payable | 17/49 | €10,651 | €18,789 | +€8,138 | +76.4% |
| Amounts payable within one year | 42/48 | €7,597 | €18,772 | +€11,175 | +147% |
| Trade debts | 44 | €2,245 | €1,747 | -€498 | -22.2% |
| Suppliers | 440/4 | €2,245 | €1,747 | -€498 | -22.2% |
| Taxes, remuneration and social security | 45 | €4,344 | €7,323 | +€2,979 | +68.6% |
| Taxes | 450/3 | €4,344 | €7,323 | +€2,979 | +68.6% |
| Other amounts payable | 47/48 | €1,009 | €9,702 | +€8,693 | +862% |
| Accrued charges and deferred income | 492/3 | €3,054 | €16 | -€3,037 | -99.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,425 | €2,471 | -€2,954 | -54.4% |
| Other operating charges | 640/8 | €559 | €677 | +€118 | +21.1% |
| Non-recurring operating charges | 66A | - | €983 | +€983 | |
| Gross operating margin | 9900 | €2,161 | -€14,009 | -€16,169 | |
| Operating profit (loss) | 9901 | -€3,823 | -€18,139 | -€14,316 | -374% |
| Financial income | 75/76B | €7 | €0 | -€7 | -99.6% |
| Recurring financial income | 75 | €7 | €0 | -€7 | -99.6% |
| Financial charges | 65/66B | €2,356 | €423 | -€1,933 | -82.1% |
| Recurring financial charges | 65 | €2,356 | €423 | -€1,933 | -82.1% |
| Profit (loss) for the period before taxes | 9903 | -€6,172 | -€18,562 | -€12,390 | -201% |
| Income taxes | 67/77 | €126 | €129 | +€3 | +2.2% |
| Profit (loss) for the period | 9904 | -€6,298 | -€18,691 | -€12,392 | -197% |
| Profit (loss) for the period to be appropriated | 9905 | -€6,298 | -€18,691 | -€12,392 | -197% |
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 17 October 2026 via checked.be.