KAPITEIN WINOKIO: what changed
What changed
KAPITEIN WINOKIO
NACE 59.201, Sound recording
filed annual accounts (NBB)
Net result for the year
€6,138
2025 · €8,211-€2,073
Equity
€345,283
2025 · €339,145+€6,138
Cash
€313,125
2025 · €137,146+€175,979
Balance sheet total
€406,680
2025 · €405,229+€1,451
Largest movements
Assets
- Cash +€175,979
up €175,979 (+128%), from €137,146 to €313,125
mainly Current investments (+€155,000) and Receivables within one year (+€19,183)
- Current investments -€155,000
no longer reported in 2026 (was €155,000)
- Receivables within one year -€19,183
down €19,183 (-35.6%), from €53,916 to €34,733
- Intangible fixed assets +€5,400
up €5,400 (+78.6%), from €6,866 to €12,266
- Tangible fixed assets -€4,108
down €4,108 (-32.3%), from €12,736 to €8,627
Equity and liabilities
- Reserves +€6,138
up €6,138 (+1.9%), from €326,745 to €332,883
of which Distributable reserves: +€6,138
Income statement
- Gross operating margin -€4,662
down €4,662 (-8.5%), from €54,728 to €50,065
- Financial income +€2,702
up €2,702 (+7,856%), from €34 to €2,736
- Taxes -€574
down €574 (-13.8%), from €4,149 to €3,575
Change in the result, 2025 to 2026
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 2025
€8,211
Gross operating margin
-€4,662
Staff costs
-€27
Depreciation
-€417
Write-downs
-€164
Other operating charges
+€154
Financial income
+€2,702
Financial charges
-€232
Taxes
+€574
Result 2026
€6,138
raises the resultlowers the result
Derived cash bridge
The bridge is derived from the 2025 and 2026 balance sheets and the 2026 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€30,369
Investment
+€145,610
Financing
€0
Cash 2025
€137,146
From operations (derived)
+€30,369
Net result for the year
+€6,138
Depreciation
+€8,099
Stocks and contracts
+€3,015
Receivables within one year
+€19,183
Deferred charges and accrued income
-€1,379
Trade debts
-€2,210
Tax, wage and social debts
-€1,552
Other debts
+€980
Accrued charges and deferred income
-€1,905
Investment (derived)
+€145,610
Investment in fixed assets (net)
-€9,390
Current investments
+€155,000
Cash 2026
€313,125
brings cash intakes cash out
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €405,229 | €406,680 | +€1,451 | +0.4% |
| Fixed assets | 21/28 | €21,102 | €22,393 | +€1,291 | +6.1% |
| Intangible fixed assets | 21 | €6,866 | €12,266 | +€5,400 | +78.6% |
| Tangible fixed assets | 22/27 | €12,736 | €8,627 | -€4,108 | -32.3% |
| Plant, machinery and equipment | 23 | €12,736 | €8,627 | -€4,108 | -32.3% |
| Financial fixed assets | 28 | €1,500 | €1,500 | = | 0.0% |
| Current assets | 29/58 | €384,128 | €384,287 | +€159 | 0.0% |
| Stocks and contracts in progress | 3 | €35,817 | €32,801 | -€3,015 | -8.4% |
| Stocks | 30/36 | €35,817 | €32,801 | -€3,015 | -8.4% |
| Amounts receivable within one year | 40/41 | €53,916 | €34,733 | -€19,183 | -35.6% |
| Trade receivables | 40 | €53,916 | €34,733 | -€19,183 | -35.6% |
| Current investments | 50/53 | €155,000 | - | -€155,000 | |
| Cash at bank and in hand | 54/58 | €137,146 | €313,125 | +€175,979 | +128% |
| Deferred charges and accrued income | 490/1 | €2,249 | €3,627 | +€1,379 | +61.3% |
| Total equity and liabilities | 10/49 | €405,229 | €406,680 | +€1,451 | +0.4% |
| Equity | 10/15 | €339,145 | €345,283 | +€6,138 | +1.8% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €326,745 | €332,883 | +€6,138 | +1.9% |
| Tax-exempt reserves | 132 | €18,776 | €18,776 | = | 0.0% |
| Distributable reserves | 133 | €307,969 | €314,107 | +€6,138 | +2.0% |
| Amounts payable | 17/49 | €66,084 | €61,397 | -€4,688 | -7.1% |
| Amounts payable within one year | 42/48 | €64,112 | €61,330 | -€2,782 | -4.3% |
| Trade debts | 44 | €47,220 | €45,010 | -€2,210 | -4.7% |
| Suppliers | 440/4 | €47,220 | €45,010 | -€2,210 | -4.7% |
| Taxes, remuneration and social security | 45 | €10,475 | €8,923 | -€1,552 | -14.8% |
| Taxes | 450/3 | €1,734 | - | -€1,734 | |
| Remuneration and social security | 454/9 | €8,741 | €8,923 | +€182 | +2.1% |
| Other amounts payable | 47/48 | €6,417 | €7,397 | +€980 | +15.3% |
| Accrued charges and deferred income | 492/3 | €1,972 | €67 | -€1,905 | -96.6% |
| Remuneration, social security and pensions | 62 | €32,886 | €32,913 | +€27 | +0.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,682 | €8,099 | +€417 | +5.4% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€499 | -€335 | +€164 | +32.8% |
| Other operating charges | 640/8 | €1,608 | €1,455 | -€154 | -9.5% |
| Gross operating margin | 9900 | €54,728 | €50,065 | -€4,662 | -8.5% |
| Operating profit (loss) | 9901 | €13,051 | €7,935 | -€5,116 | -39.2% |
| Financial income | 75/76B | €34 | €2,736 | +€2,702 | +7,856% |
| Recurring financial income | 75 | €34 | €2,736 | +€2,702 | +7,856% |
| Financial charges | 65/66B | €726 | €958 | +€232 | +31.9% |
| Recurring financial charges | 65 | €726 | €958 | +€232 | +31.9% |
| Profit (loss) for the period before taxes | 9903 | €12,359 | €9,713 | -€2,647 | -21.4% |
| Income taxes | 67/77 | €4,149 | €3,575 | -€574 | -13.8% |
| Profit (loss) for the period | 9904 | €8,211 | €6,138 | -€2,073 | -25.2% |
| Profit (loss) for the period to be appropriated | 9905 | €8,211 | €6,138 | -€2,073 | -25.2% |
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 28 February 2025 and 28 February 2026. Green is a favourable move for that line, red an unfavourable one. Prepared on 4 November 2026 via checked.be.