KAPPER4YOU: 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.
KAPPER4YOU
Largest movements
- Tangible fixed assets +€23,450
up €23,450 (+105.9%), from €22,145 to €45,595
- Cash +€12,755
up €12,755 (+7.5%), from €170,697 to €183,452
mainly Net result for the year (+€48,808) and Depreciation (+€15,799)
- Receivables within one year +€3,734
new in 2025: €3,734
- Profit (loss) carried forward +€48,808
up €48,808 (+42.8%), from €114,026 to €162,834
- Tax, wage and social debts -€7,607
down €7,607 (-12.9%), from €59,052 to €51,445
of which Taxes: -€6,178
- Other debts -€5,786
no longer reported in 2025 (was €5,786)
- Trade debts +€3,944
up €3,944 (+123.7%), from €3,189 to €7,133
- Gross operating margin +€16,019
up €16,019 (+7.1%), from €225,890 to €241,909
- Depreciation +€7,850
up €7,850 (+98.7%), from €7,949 to €15,799
- Staff costs -€4,067
down €4,067 (-2.5%), from €165,099 to €161,032
- Taxes +€3,525
up €3,525 (+30.9%), from €11,418 to €14,943
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 | €194,053 | €233,412 | +€39,358 | +20.3% |
| Fixed assets | 21/28 | €22,145 | €45,862 | +€23,717 | +107.1% |
| Tangible fixed assets | 22/27 | €22,145 | €45,595 | +€23,450 | +105.9% |
| Furniture and vehicles | 24 | €22,145 | €45,595 | +€23,450 | +105.9% |
| Financial fixed assets | 28 | - | €267 | +€267 | |
| Current assets | 29/58 | €171,908 | €187,549 | +€15,641 | +9.1% |
| Amounts receivable within one year | 40/41 | - | €3,734 | +€3,734 | |
| Other amounts receivable | 41 | - | €3,734 | +€3,734 | |
| Cash at bank and in hand | 54/58 | €170,697 | €183,452 | +€12,755 | +7.5% |
| Deferred charges and accrued income | 490/1 | €1,211 | €363 | -€849 | -70.1% |
| Total equity and liabilities | 10/49 | €194,053 | €233,412 | +€39,358 | +20.3% |
| Equity | 10/15 | €126,026 | €174,834 | +€48,808 | +38.7% |
| Contributions | 10/11 | €12,000 | €12,000 | = | 0.0% |
| Contributions outside capital | 11 | €12,000 | €12,000 | = | 0.0% |
| Other | 1109/19 | €12,000 | €12,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €114,026 | €162,834 | +€48,808 | +42.8% |
| Amounts payable | 17/49 | €68,027 | €58,578 | -€9,449 | -13.9% |
| Amounts payable within one year | 42/48 | €68,027 | €58,578 | -€9,449 | -13.9% |
| Trade debts | 44 | €3,189 | €7,133 | +€3,944 | +123.7% |
| Suppliers | 440/4 | €3,189 | €7,133 | +€3,944 | +123.7% |
| Taxes, remuneration and social security | 45 | €59,052 | €51,445 | -€7,607 | -12.9% |
| Taxes | 450/3 | €39,682 | €33,504 | -€6,178 | -15.6% |
| Remuneration and social security | 454/9 | €19,370 | €17,941 | -€1,430 | -7.4% |
| Other amounts payable | 47/48 | €5,786 | - | -€5,786 | |
| Remuneration, social security and pensions | 62 | €165,099 | €161,032 | -€4,067 | -2.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,949 | €15,799 | +€7,850 | +98.7% |
| Other operating charges | 640/8 | €2,278 | €1,207 | -€1,071 | -47.0% |
| Gross operating margin | 9900 | €225,890 | €241,909 | +€16,019 | +7.1% |
| Operating profit (loss) | 9901 | €50,564 | €63,871 | +€13,307 | +26.3% |
| Financial income | 75/76B | €1 | €35 | +€34 | +4566.7% |
| Recurring financial income | 75 | €1 | €35 | +€34 | +4566.7% |
| Financial charges | 65/66B | €56 | €155 | +€100 | +178.5% |
| Recurring financial charges | 65 | €56 | €155 | +€100 | +178.5% |
| Profit (loss) for the period before taxes | 9903 | €50,509 | €63,750 | +€13,242 | +26.2% |
| Income taxes | 67/77 | €11,418 | €14,943 | +€3,525 | +30.9% |
| Profit (loss) for the period | 9904 | €39,091 | €48,808 | +€9,717 | +24.9% |
| Profit (loss) for the period to be appropriated | 9905 | €39,091 | €48,808 | +€9,717 | +24.9% |
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 12 October 2026 via checked.be.