KAPRO: 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.
KAPRO
Largest movements
- Tangible fixed assets +€27,646
up €27,646 (+228.6%), from €12,092 to €39,738
of which Furniture and vehicles: +€28,090
- Cash -€21,762
down €21,762 (-47.0%), from €46,291 to €24,529
mainly Investment in fixed assets (net) (-€27,442) and Other debts (-€1,935)
- Financial fixed assets -€2,550
no longer reported in 2025 (was €2,550)
- Deferred charges and accrued income +€1,449
up €1,449 (+274.5%), from €528 to €1,977
- Reserves +€6,166
up €6,166 (+12.4%), from €49,750 to €55,915
- Other debts -€1,935
down €1,935 (-45.3%), from €4,276 to €2,341
- Gross operating margin -€803
down €803 (-5.3%), from €15,068 to €14,264
- Other operating charges +€794
up €794 (+52.4%), from €1,516 to €2,310
- Depreciation +€615
up €615 (+35.5%), from €1,731 to €2,346
- Taxes -€586
down €586 (-14.1%), from €4,158 to €3,572
- Financial income +€158
new in 2025: €158
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 | €69,335 | €73,414 | +€4,079 | +5.9% |
| Fixed assets | 21/28 | €14,642 | €39,738 | +€25,096 | +171.4% |
| Tangible fixed assets | 22/27 | €12,092 | €39,738 | +€27,646 | +228.6% |
| Plant, machinery and equipment | 23 | €2,097 | €1,653 | -€444 | -21.2% |
| Furniture and vehicles | 24 | €9,995 | €38,085 | +€28,090 | +281.1% |
| Financial fixed assets | 28 | €2,550 | - | -€2,550 | |
| Current assets | 29/58 | €54,694 | €33,677 | -€21,017 | -38.4% |
| Amounts receivable within one year | 40/41 | €7,874 | €7,170 | -€704 | -8.9% |
| Trade receivables | 40 | €5,268 | €782 | -€4,486 | -85.2% |
| Other amounts receivable | 41 | €2,606 | €6,388 | +€3,782 | +145.1% |
| Cash at bank and in hand | 54/58 | €46,291 | €24,529 | -€21,762 | -47.0% |
| Deferred charges and accrued income | 490/1 | €528 | €1,977 | +€1,449 | +274.5% |
| Total equity and liabilities | 10/49 | €69,335 | €73,414 | +€4,079 | +5.9% |
| Equity | 10/15 | €62,150 | €68,315 | +€6,166 | +9.9% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €49,750 | €55,915 | +€6,166 | +12.4% |
| Distributable reserves | 133 | €49,750 | €55,915 | +€6,166 | +12.4% |
| Amounts payable | 17/49 | €7,186 | €5,099 | -€2,087 | -29.0% |
| Amounts payable within one year | 42/48 | €7,186 | €5,099 | -€2,087 | -29.0% |
| Trade debts | 44 | €1,648 | €1,871 | +€223 | +13.5% |
| Suppliers | 440/4 | €1,648 | €1,871 | +€223 | +13.5% |
| Taxes, remuneration and social security | 45 | €1,262 | €888 | -€374 | -29.6% |
| Taxes | 450/3 | €1,262 | €888 | -€374 | -29.6% |
| Other amounts payable | 47/48 | €4,276 | €2,341 | -€1,935 | -45.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,731 | €2,346 | +€615 | +35.5% |
| Other operating charges | 640/8 | €1,516 | €2,310 | +€794 | +52.4% |
| Gross operating margin | 9900 | €15,068 | €14,264 | -€803 | -5.3% |
| Operating profit (loss) | 9901 | €11,821 | €9,608 | -€2,213 | -18.7% |
| Financial income | 75/76B | - | €158 | +€158 | |
| Recurring financial income | 75 | - | €158 | +€158 | |
| Financial charges | 65/66B | €24 | €28 | +€4 | +18.0% |
| Recurring financial charges | 65 | €24 | €28 | +€4 | +18.0% |
| Profit (loss) for the period before taxes | 9903 | €11,797 | €9,738 | -€2,060 | -17.5% |
| Income taxes | 67/77 | €4,158 | €3,572 | -€586 | -14.1% |
| Profit (loss) for the period | 9904 | €7,640 | €6,166 | -€1,474 | -19.3% |
| Profit (loss) for the period to be appropriated | 9905 | €7,640 | €6,166 | -€1,474 | -19.3% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 12 October 2026 via checked.be.