KAPPER MURO: 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.
KAPPER MURO
Largest movements
- Deferred charges and accrued income -€13,396
no longer reported in 2025 (was €13,396)
- Trade debts -€13,535
no longer reported in 2025 (was €13,535)
- Tax, wage and social debts -€6,082
down €6,082 (-45.3%), from €13,437 to €7,354
of which Remuneration and social security: -€9,000
- Profit (loss) carried forward +€5,806
up €5,806 (+15.8%), from -€36,637 to -€30,830
- Other debts +€978
up €978 (+5.4%), from €18,087 to €19,064
- Short-term financial debts -€574
no longer reported in 2025 (was €574)
- Gross operating margin +€15,305
up €15,305, from -€9,147 to €6,158
- Other operating charges -€373
down €373 (-85.0%), from €439 to €66
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 | €15,196 | €1,788 | -€13,408 | -88.2% |
| Fixed assets | 21/28 | €1,725 | €1,725 | = | 0.0% |
| Financial fixed assets | 28 | €1,725 | €1,725 | = | 0.0% |
| Current assets | 29/58 | €13,471 | €63 | -€13,408 | -99.5% |
| Stocks and contracts in progress | 3 | €75 | €55 | -€20 | -26.7% |
| Stocks | 30/36 | €75 | €55 | -€20 | -26.7% |
| Cash at bank and in hand | 54/58 | - | €8 | +€8 | |
| Deferred charges and accrued income | 490/1 | €13,396 | - | -€13,396 | |
| Total equity and liabilities | 10/49 | €15,196 | €1,788 | -€13,408 | -88.2% |
| Equity | 10/15 | -€30,437 | -€24,630 | +€5,806 | +19.1% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Outside capital | 11 | €6,200 | €6,200 | = | 0.0% |
| Other | 1109/19 | €6,200 | €6,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€36,637 | -€30,830 | +€5,806 | +15.8% |
| Amounts payable | 17/49 | €45,633 | €26,419 | -€19,214 | -42.1% |
| Amounts payable within one year | 42/48 | €45,633 | €26,419 | -€19,214 | -42.1% |
| Financial debts | 43 | €574 | - | -€574 | |
| Credit institutions | 430/8 | €574 | - | -€574 | |
| Trade debts | 44 | €13,535 | - | -€13,535 | |
| Suppliers | 440/4 | €13,535 | - | -€13,535 | |
| Taxes, remuneration and social security | 45 | €13,437 | €7,354 | -€6,082 | -45.3% |
| Taxes | 450/3 | €4,437 | €7,354 | +€2,918 | +65.8% |
| Remuneration and social security | 454/9 | €9,000 | - | -€9,000 | |
| Other amounts payable | 47/48 | €18,087 | €19,064 | +€978 | +5.4% |
| Other operating charges | 640/8 | €439 | €66 | -€373 | -85.0% |
| Gross operating margin | 9900 | -€9,147 | €6,158 | +€15,305 | |
| Operating profit (loss) | 9901 | -€9,586 | €6,092 | +€15,679 | |
| Financial charges | 65/66B | €370 | €286 | -€84 | -22.7% |
| Recurring financial charges | 65 | €370 | €286 | -€84 | -22.7% |
| Profit (loss) for the period before taxes | 9903 | -€9,956 | €5,806 | +€15,763 | |
| Profit (loss) for the period | 9904 | -€9,956 | €5,806 | +€15,763 | |
| Profit (loss) for the period to be appropriated | 9905 | -€9,956 | €5,806 | +€15,763 |
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 30 September 2026 via checked.be.