KAPJOO: 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.
KAPJOO
Largest movements
- Current investments -€195,000
down €195,000 (-100%), from €195,000 to €0
- Financial fixed assets +€57,600
new in 2025: €57,600
- Cash +€31,022
up €31,022 (+126%), from €24,665 to €55,687
mainly Current investments (+€195,000) and Net result for the year (+€88,682)
- Receivables within one year +€3,815
up €3,815 (+22.8%), from €16,701 to €20,516
of which Trade receivables: +€3,815
- Tangible fixed assets +€3,578
up €3,578 (+123%), from €2,917 to €6,495
of which Furniture and vehicles: +€3,578
- Reserves -€188,500
down €188,500 (-91.3%), from €206,500 to €18,000
- Other debts +€53,234
up €53,234 (+429%), from €12,407 to €65,641
- Debts after one year +€28,800
new in 2025: €28,800
- Tax, wage and social debts +€11,064
up €11,064 (+146%), from €7,576 to €18,641
- Trade debts -€5,740
down €5,740 (-51.4%), from €11,169 to €5,429
- Gross operating margin +€36,043
up €36,043 (+44.2%), from €81,516 to €117,559
- Taxes +€7,356
up €7,356 (+41.8%), from €17,586 to €24,942
- Financial income -€3,528
down €3,528 (-54.8%), from €6,435 to €2,907
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 | €240,784 | €140,324 | -€100,459 | -41.7% |
| Fixed assets | 21/28 | €2,917 | €64,095 | +€61,178 | +2,097% |
| Tangible fixed assets | 22/27 | €2,917 | €6,495 | +€3,578 | +123% |
| Plant, machinery and equipment | 23 | €0 | - | = | |
| Furniture and vehicles | 24 | €2,917 | €6,495 | +€3,578 | +123% |
| Financial fixed assets | 28 | - | €57,600 | +€57,600 | |
| Current assets | 29/58 | €237,867 | €76,230 | -€161,637 | -68.0% |
| Amounts receivable within one year | 40/41 | €16,701 | €20,516 | +€3,815 | +22.8% |
| Trade receivables | 40 | €16,441 | €20,256 | +€3,815 | +23.2% |
| Other amounts receivable | 41 | €260 | €260 | = | 0.0% |
| Current investments | 50/53 | €195,000 | €0 | -€195,000 | -100% |
| Cash at bank and in hand | 54/58 | €24,665 | €55,687 | +€31,022 | +126% |
| Deferred charges and accrued income | 490/1 | €1,501 | €27 | -€1,474 | -98.2% |
| Total equity and liabilities | 10/49 | €240,784 | €140,324 | -€100,459 | -41.7% |
| Equity | 10/15 | €209,631 | €21,813 | -€187,818 | -89.6% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €206,500 | €18,000 | -€188,500 | -91.3% |
| Distributable reserves | 133 | €206,500 | €18,000 | -€188,500 | -91.3% |
| Profit (loss) carried forward | 14 | €131 | €813 | +€682 | +521% |
| Amounts payable | 17/49 | €31,153 | €118,511 | +€87,359 | +280% |
| Amounts payable after more than one year | 17 | - | €28,800 | +€28,800 | |
| Financial debts | 170/4 | - | €28,800 | +€28,800 | |
| Amounts payable within one year | 42/48 | €31,153 | €89,711 | +€58,559 | +188% |
| Trade debts | 44 | €11,169 | €5,429 | -€5,740 | -51.4% |
| Suppliers | 440/4 | €11,169 | €5,429 | -€5,740 | -51.4% |
| Taxes, remuneration and social security | 45 | €7,576 | €18,641 | +€11,064 | +146% |
| Taxes | 450/3 | €7,576 | €18,641 | +€11,064 | +146% |
| Other amounts payable | 47/48 | €12,407 | €65,641 | +€53,234 | +429% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €722 | €1,765 | +€1,043 | +144% |
| Other operating charges | 640/8 | €975 | €1,117 | +€142 | +14.6% |
| Gross operating margin | 9900 | €81,516 | €117,559 | +€36,043 | +44.2% |
| Operating profit (loss) | 9901 | €79,819 | €114,677 | +€34,858 | +43.7% |
| Financial income | 75/76B | €6,435 | €2,907 | -€3,528 | -54.8% |
| Recurring financial income | 75 | €6,435 | €2,907 | -€3,528 | -54.8% |
| Financial charges | 65/66B | €2,847 | €3,960 | +€1,113 | +39.1% |
| Recurring financial charges | 65 | €2,847 | €3,960 | +€1,113 | +39.1% |
| Profit (loss) for the period before taxes | 9903 | €83,406 | €113,624 | +€30,218 | +36.2% |
| Income taxes | 67/77 | €17,586 | €24,942 | +€7,356 | +41.8% |
| Profit (loss) for the period | 9904 | €65,820 | €88,682 | +€22,862 | +34.7% |
| Profit (loss) for the period to be appropriated | 9905 | €65,820 | €88,682 | +€22,862 | +34.7% |
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 16 October 2026 via checked.be.