KAPSALON ALE: 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.
KAPSALON ALE
Largest movements
- Cash -€1,209
down €1,209 (-4.0%), from €30,059 to €28,850
mainly Trade debts (-€1,969) and Investment in fixed assets (net) (-€1,199)
- Tangible fixed assets +€1,158
up €1,158, from €0 to €1,158
of which Furniture and vehicles: +€1,158
- Tax, wage and social debts +€2,718
up €2,718 (+27.6%), from €9,846 to €12,564
of which Remuneration and social security: +€6,359
- Trade debts -€1,969
down €1,969 (-94.6%), from €2,081 to €112
- Other debts -€1,059
down €1,059 (-28.0%), from €3,784 to €2,725
- Staff costs -€716
no longer reported in 2025 (was €716)
- Other operating charges +€245
new in 2025: €245
- Taxes +€227
up €227 (+146%), from €155 to €382
- Financial charges -€185
down €185 (-40.9%), from €452 to €267
- Gross operating margin +€90
up €90 (+7.7%), from €1,158 to €1,247
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 | €41,454 | €41,465 | +€11 | 0.0% |
| Fixed assets | 21/28 | €105 | €1,263 | +€1,158 | +1,108% |
| Tangible fixed assets | 22/27 | €0 | €1,158 | +€1,158 | |
| Plant, machinery and equipment | 23 | €0 | €0 | = | |
| Furniture and vehicles | 24 | - | €1,158 | +€1,158 | |
| Financial fixed assets | 28 | €105 | €105 | = | 0.0% |
| Current assets | 29/58 | €41,349 | €40,202 | -€1,147 | -2.8% |
| Amounts receivable within one year | 40/41 | €11,290 | €11,352 | +€62 | +0.5% |
| Trade receivables | 40 | €11,131 | €11,131 | = | 0.0% |
| Other amounts receivable | 41 | €159 | €221 | +€62 | +38.9% |
| Cash at bank and in hand | 54/58 | €30,059 | €28,850 | -€1,209 | -4.0% |
| Total equity and liabilities | 10/49 | €41,454 | €41,465 | +€11 | 0.0% |
| Equity | 10/15 | €25,743 | €26,064 | +€321 | +1.2% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €19,708 | €19,708 | = | 0.0% |
| Distributable reserves | 133 | €19,708 | €19,708 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€165 | €156 | +€321 | |
| Amounts payable | 17/49 | €15,711 | €15,401 | -€310 | -2.0% |
| Amounts payable within one year | 42/48 | €15,711 | €15,401 | -€310 | -2.0% |
| Trade debts | 44 | €2,081 | €112 | -€1,969 | -94.6% |
| Suppliers | 440/4 | €2,081 | €112 | -€1,969 | -94.6% |
| Taxes, remuneration and social security | 45 | €9,846 | €12,564 | +€2,718 | +27.6% |
| Taxes | 450/3 | €9,846 | €6,205 | -€3,641 | -37.0% |
| Remuneration and social security | 454/9 | - | €6,359 | +€6,359 | |
| Other amounts payable | 47/48 | €3,784 | €2,725 | -€1,059 | -28.0% |
| Remuneration, social security and pensions | 62 | €716 | - | -€716 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €41 | +€41 | |
| Other operating charges | 640/8 | - | €245 | +€245 | |
| Gross operating margin | 9900 | €1,158 | €1,247 | +€90 | +7.7% |
| Operating profit (loss) | 9901 | €442 | €962 | +€520 | +118% |
| Financial income | 75/76B | €1 | €8 | +€8 | +1,024% |
| Recurring financial income | 75 | €1 | €8 | +€8 | +1,024% |
| Financial charges | 65/66B | €452 | €267 | -€185 | -40.9% |
| Recurring financial charges | 65 | €452 | €267 | -€185 | -40.9% |
| Profit (loss) for the period before taxes | 9903 | -€10 | €703 | +€713 | |
| Income taxes | 67/77 | €155 | €382 | +€227 | +146% |
| Profit (loss) for the period | 9904 | -€165 | €321 | +€486 | |
| Profit (loss) for the period to be appropriated | 9905 | -€165 | €321 | +€486 |
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 28 October 2026 via checked.be.