Kaprifin: 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.
Kaprifin
Largest movements
- Tangible fixed assets -€31,062
down €31,062 (-5.3%), from €585,348 to €554,287
of which Land and buildings: -€32,490
- Cash +€12,253
up €12,253 (+69.2%), from €17,697 to €29,950
mainly Depreciation (+€32,528) and Net result for the year (+€23,516)
- Debts after one year -€58,250
down €58,250 (-25.5%), from €228,676 to €170,427
- Reserves +€23,516
up €23,516 (+11.6%), from €202,621 to €226,137
- Other debts +€23,237
up €23,237 (+47.1%), from €49,342 to €72,579
- Current portion of long-term debt -€11,548
down €11,548 (-16.5%), from €69,797 to €58,250
No income-statement line moved by more than 1% of the activity.
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 | €604,045 | €584,236 | -€19,809 | -3.3% |
| Fixed assets | 21/28 | €586,348 | €554,287 | -€32,062 | -5.5% |
| Tangible fixed assets | 22/27 | €585,348 | €554,287 | -€31,062 | -5.3% |
| Land and buildings | 22 | €585,348 | €552,858 | -€32,490 | -5.6% |
| Furniture and vehicles | 24 | - | €1,429 | +€1,429 | |
| Financial fixed assets | 28 | €1,000 | - | -€1,000 | |
| Current assets | 29/58 | €17,697 | €29,950 | +€12,253 | +69.2% |
| Cash at bank and in hand | 54/58 | €17,697 | €29,950 | +€12,253 | +69.2% |
| Total equity and liabilities | 10/49 | €604,045 | €584,236 | -€19,809 | -3.3% |
| Equity | 10/15 | €215,021 | €238,537 | +€23,516 | +10.9% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €202,621 | €226,137 | +€23,516 | +11.6% |
| Distributable reserves | 133 | €202,621 | €226,137 | +€23,516 | +11.6% |
| Amounts payable | 17/49 | €389,024 | €345,699 | -€43,325 | -11.1% |
| Amounts payable after more than one year | 17 | €228,676 | €170,427 | -€58,250 | -25.5% |
| Financial debts | 170/4 | €228,676 | €170,427 | -€58,250 | -25.5% |
| Amounts payable within one year | 42/48 | €152,737 | €165,579 | +€12,842 | +8.4% |
| Current portion of amounts payable after more than one year | 42 | €69,797 | €58,250 | -€11,548 | -16.5% |
| Trade debts | 44 | €2,693 | €2,892 | +€199 | +7.4% |
| Suppliers | 440/4 | €2,693 | €2,892 | +€199 | +7.4% |
| Taxes, remuneration and social security | 45 | €30,905 | €31,858 | +€953 | +3.1% |
| Taxes | 450/3 | €26,111 | €24,630 | -€1,481 | -5.7% |
| Remuneration and social security | 454/9 | €4,794 | €7,228 | +€2,434 | +50.8% |
| Other amounts payable | 47/48 | €49,342 | €72,579 | +€23,237 | +47.1% |
| Accrued charges and deferred income | 492/3 | €7,610 | €9,694 | +€2,083 | +27.4% |
| Remuneration, social security and pensions | 62 | €35,838 | €35,414 | -€424 | -1.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €32,490 | €32,528 | +€37 | +0.1% |
| Other operating charges | 640/8 | €5,688 | €5,867 | +€179 | +3.2% |
| Gross operating margin | 9900 | €119,249 | €118,758 | -€490 | -0.4% |
| Operating profit (loss) | 9901 | €45,233 | €44,950 | -€283 | -0.6% |
| Financial income | 75/76B | €427 | €443 | +€16 | +3.7% |
| Recurring financial income | 75 | €427 | €443 | +€16 | +3.7% |
| Financial charges | 65/66B | €10,601 | €9,514 | -€1,087 | -10.3% |
| Recurring financial charges | 65 | €10,601 | €9,514 | -€1,087 | -10.3% |
| Profit (loss) for the period before taxes | 9903 | €35,059 | €35,879 | +€820 | +2.3% |
| Income taxes | 67/77 | €12,294 | €12,363 | +€68 | +0.6% |
| Profit (loss) for the period | 9904 | €22,765 | €23,516 | +€751 | +3.3% |
| Profit (loss) for the period to be appropriated | 9905 | €22,765 | €23,516 | +€751 | +3.3% |
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 29 October 2026 via checked.be.