KAPSALON CONTRAST: 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 CONTRAST
Largest movements
- Cash -€15,808
down €15,808 (-54.0%), from €29,250 to €13,443
mainly Contributions, distributions and other (-€34,990) and Other debts (-€3,606)
- Tangible fixed assets +€936
up €936 (+33.3%), from €2,807 to €3,743
- Deferred charges and accrued income +€878
up €878 (+165%), from €532 to €1,410
- Profit (loss) carried forward -€14,482
down €14,482 (-93.3%), from €15,518 to €1,036
- Other debts -€3,606
down €3,606 (-82.6%), from €4,364 to €758
- Tax, wage and social debts +€2,120
up €2,120 (+14.0%), from €15,186 to €17,306
of which Taxes: +€5,523
- Trade debts +€1,989
up €1,989 (+46.1%), from €4,318 to €6,308
- Gross operating margin +€14,902
up €14,902 (+20.7%), from €71,851 to €86,753
- Taxes +€7,315
up €7,315 (+685%), from €1,068 to €8,383
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 | €42,386 | €28,408 | -€13,978 | -33.0% |
| Fixed assets | 21/28 | €5,807 | €6,743 | +€936 | +16.1% |
| Tangible fixed assets | 22/27 | €2,807 | €3,743 | +€936 | +33.3% |
| Plant, machinery and equipment | 23 | €2,807 | €3,743 | +€936 | +33.3% |
| Financial fixed assets | 28 | €3,000 | €3,000 | = | 0.0% |
| Current assets | 29/58 | €36,579 | €21,665 | -€14,914 | -40.8% |
| Stocks and contracts in progress | 3 | €6,116 | €6,132 | +€16 | +0.3% |
| Stocks | 30/36 | €6,116 | €6,132 | +€16 | +0.3% |
| Amounts receivable within one year | 40/41 | €681 | €681 | = | 0.0% |
| Trade receivables | 40 | €0 | - | = | |
| Other amounts receivable | 41 | €681 | €681 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €29,250 | €13,443 | -€15,808 | -54.0% |
| Deferred charges and accrued income | 490/1 | €532 | €1,410 | +€878 | +165% |
| Total equity and liabilities | 10/49 | €42,386 | €28,408 | -€13,978 | -33.0% |
| Equity | 10/15 | €18,518 | €4,036 | -€14,482 | -78.2% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €0 | - | = | |
| Distributable reserves | 133 | €0 | - | = | |
| Profit (loss) carried forward | 14 | €15,518 | €1,036 | -€14,482 | -93.3% |
| Amounts payable | 17/49 | €23,868 | €24,372 | +€504 | +2.1% |
| Amounts payable within one year | 42/48 | €23,868 | €24,372 | +€504 | +2.1% |
| Trade debts | 44 | €4,318 | €6,308 | +€1,989 | +46.1% |
| Suppliers | 440/4 | €4,318 | €6,308 | +€1,989 | +46.1% |
| Taxes, remuneration and social security | 45 | €15,186 | €17,306 | +€2,120 | +14.0% |
| Taxes | 450/3 | €8,118 | €13,641 | +€5,523 | +68.0% |
| Remuneration and social security | 454/9 | €7,067 | €3,665 | -€3,402 | -48.1% |
| Other amounts payable | 47/48 | €4,364 | €758 | -€3,606 | -82.6% |
| Remuneration, social security and pensions | 62 | €53,682 | €54,352 | +€670 | +1.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €372 | €1,083 | +€711 | +191% |
| Other operating charges | 640/8 | €0 | €400 | +€400 | |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | €71,851 | €86,753 | +€14,902 | +20.7% |
| Operating profit (loss) | 9901 | €17,797 | €30,918 | +€13,121 | +73.7% |
| Financial income | 75/76B | €0 | - | = | |
| Recurring financial income | 75 | €0 | - | = | |
| Financial charges | 65/66B | €1,403 | €2,027 | +€624 | +44.5% |
| Recurring financial charges | 65 | €1,403 | €2,027 | +€624 | +44.5% |
| Profit (loss) for the period before taxes | 9903 | €16,395 | €28,892 | +€12,497 | +76.2% |
| Income taxes | 67/77 | €1,068 | €8,383 | +€7,315 | +685% |
| Profit (loss) for the period | 9904 | €15,326 | €20,508 | +€5,182 | +33.8% |
| Profit (loss) for the period to be appropriated | 9905 | €15,326 | €20,508 | +€5,182 | +33.8% |
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 18 October 2026 via checked.be.