KAPPERSTEAM DAMEN: 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.
KAPPERSTEAM DAMEN
Largest movements
- Receivables within one year +€69,416
up €69,416 (+138%), from €50,296 to €119,712
of which Other amounts receivable: +€43,936
- Cash -€10,481
down €10,481 (-7.7%), from €136,884 to €126,403
mainly Receivables within one year (-€69,416) and Deferred charges and accrued income (-€3,231)
- Tangible fixed assets -€4,430
down €4,430 (-19.7%), from €22,455 to €18,026
of which Land and buildings: -€7,695
- Deferred charges and accrued income +€3,231
up €3,231, from €0 to €3,231
- Advances received +€23,965
new in 2025: €23,965
- Reserves +€15,783
up €15,783 (+9.7%), from €163,345 to €179,128
of which Distributable reserves: +€15,783
- Tax, wage and social debts +€14,747
up €14,747 (+44.4%), from €33,212 to €47,959
of which Remuneration and social security: +€25,118
- Trade debts +€5,402
up €5,402 (+74.0%), from €7,303 to €12,705
- Gross operating margin -€13,210
down €13,210 (-11.3%), from €117,050 to €103,840
- Staff costs +€10,671
up €10,671 (+16.6%), from €64,149 to €74,820
- Taxes -€6,246
down €6,246 (-49.8%), from €12,541 to €6,294
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 | €224,333 | €283,757 | +€59,424 | +26.5% |
| Fixed assets | 21/28 | €22,455 | €18,026 | -€4,430 | -19.7% |
| Tangible fixed assets | 22/27 | €22,455 | €18,026 | -€4,430 | -19.7% |
| Land and buildings | 22 | €7,695 | €0 | -€7,695 | -100% |
| Plant, machinery and equipment | 23 | €13,415 | €10,331 | -€3,083 | -23.0% |
| Furniture and vehicles | 24 | €1,345 | €106 | -€1,240 | -92.1% |
| Other tangible fixed assets | 26 | - | €7,589 | +€7,589 | |
| Current assets | 29/58 | €201,877 | €265,731 | +€63,853 | +31.6% |
| Stocks and contracts in progress | 3 | €14,698 | €16,385 | +€1,687 | +11.5% |
| Stocks | 30/36 | €14,698 | €16,385 | +€1,687 | +11.5% |
| Amounts receivable within one year | 40/41 | €50,296 | €119,712 | +€69,416 | +138% |
| Trade receivables | 40 | €12,522 | €38,002 | +€25,480 | +203% |
| Other amounts receivable | 41 | €37,774 | €81,710 | +€43,936 | +116% |
| Cash at bank and in hand | 54/58 | €136,884 | €126,403 | -€10,481 | -7.7% |
| Deferred charges and accrued income | 490/1 | €0 | €3,231 | +€3,231 | |
| Total equity and liabilities | 10/49 | €224,333 | €283,757 | +€59,424 | +26.5% |
| Equity | 10/15 | €183,345 | €199,128 | +€15,783 | +8.6% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €163,345 | €179,128 | +€15,783 | +9.7% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €163,345 | €179,128 | +€15,783 | +9.7% |
| Amounts payable | 17/49 | €40,988 | €84,629 | +€43,641 | +106% |
| Amounts payable within one year | 42/48 | €40,515 | €84,629 | +€44,114 | +109% |
| Trade debts | 44 | €7,303 | €12,705 | +€5,402 | +74.0% |
| Suppliers | 440/4 | €7,303 | €12,705 | +€5,402 | +74.0% |
| Advances received on contracts in progress | 46 | - | €23,965 | +€23,965 | |
| Taxes, remuneration and social security | 45 | €33,212 | €47,959 | +€14,747 | +44.4% |
| Taxes | 450/3 | €26,680 | €16,308 | -€10,372 | -38.9% |
| Remuneration and social security | 454/9 | €6,532 | €31,651 | +€25,118 | +385% |
| Accrued charges and deferred income | 492/3 | €473 | €0 | -€473 | -100% |
| Remuneration, social security and pensions | 62 | €64,149 | €74,820 | +€10,671 | +16.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,128 | €7,219 | -€909 | -11.2% |
| Other operating charges | 640/8 | €1,272 | €1,207 | -€65 | -5.1% |
| Gross operating margin | 9900 | €117,050 | €103,840 | -€13,210 | -11.3% |
| Operating profit (loss) | 9901 | €43,501 | €20,594 | -€22,907 | -52.7% |
| Financial income | 75/76B | €2,212 | €2,813 | +€601 | +27.2% |
| Recurring financial income | 75 | €2,212 | €2,813 | +€601 | +27.2% |
| Financial charges | 65/66B | €1,178 | €1,330 | +€152 | +12.9% |
| Recurring financial charges | 65 | €1,178 | €1,330 | +€152 | +12.9% |
| Profit (loss) for the period before taxes | 9903 | €44,536 | €22,077 | -€22,459 | -50.4% |
| Income taxes | 67/77 | €12,541 | €6,294 | -€6,246 | -49.8% |
| Profit (loss) for the period | 9904 | €31,995 | €15,783 | -€16,212 | -50.7% |
| Profit (loss) for the period to be appropriated | 9905 | €31,995 | €15,783 | -€16,212 | -50.7% |
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 19 October 2026 via checked.be.