KAPSALON GUNES: 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 GUNES
Largest movements
- Receivables within one year -€6,456
down €6,456 (-92.3%), from €6,993 to €538
of which Trade receivables: -€6,559
- Cash -€1,354
down €1,354 (-68.4%), from €1,980 to €626
mainly Short-term financial debts (-€9,201) and Investment in fixed assets (net) (-€2,287)
- Tangible fixed assets -€402
down €402 (-15.7%), from €2,556 to €2,154
of which Furniture and vehicles: -€2,324
- Short-term financial debts -€9,201
no longer reported in 2025 (was €9,201)
- Profit (loss) carried forward +€2,342
up €2,342 (+8.3%), from -€28,181 to -€25,839
- Other debts -€1,643
down €1,643 (-24.1%), from €6,811 to €5,168
- Trade debts +€366
up €366 (+26.2%), from €1,396 to €1,762
- Staff costs +€6,637
up €6,637 (+24.2%), from €27,457 to €34,094
- Depreciation -€2,937
down €2,937 (-52.2%), from €5,626 to €2,689
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 | €12,745 | €4,534 | -€8,211 | -64.4% |
| Fixed assets | 21/28 | €3,056 | €2,654 | -€402 | -13.2% |
| Tangible fixed assets | 22/27 | €2,556 | €2,154 | -€402 | -15.7% |
| Plant, machinery and equipment | 23 | €232 | €2,154 | +€1,922 | +830% |
| Furniture and vehicles | 24 | €2,324 | - | -€2,324 | |
| Financial fixed assets | 28 | €500 | €500 | = | 0.0% |
| Current assets | 29/58 | €9,689 | €1,880 | -€7,809 | -80.6% |
| Amounts receivable within one year | 40/41 | €6,993 | €538 | -€6,456 | -92.3% |
| Trade receivables | 40 | €6,993 | €434 | -€6,559 | -93.8% |
| Other amounts receivable | 41 | - | €104 | +€104 | |
| Cash at bank and in hand | 54/58 | €1,980 | €626 | -€1,354 | -68.4% |
| Deferred charges and accrued income | 490/1 | €716 | €716 | = | 0.0% |
| Total equity and liabilities | 10/49 | €12,745 | €4,534 | -€8,211 | -64.4% |
| Equity | 10/15 | -€10,181 | -€7,839 | +€2,342 | +23.0% |
| Contributions | 10/11 | €18,000 | €18,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€28,181 | -€25,839 | +€2,342 | +8.3% |
| Amounts payable | 17/49 | €22,926 | €12,373 | -€10,553 | -46.0% |
| Amounts payable within one year | 42/48 | €22,926 | €12,373 | -€10,553 | -46.0% |
| Financial debts | 43 | €9,201 | - | -€9,201 | |
| Other loans | 439 | €9,201 | - | -€9,201 | |
| Trade debts | 44 | €1,396 | €1,762 | +€366 | +26.2% |
| Suppliers | 440/4 | €1,396 | €1,762 | +€366 | +26.2% |
| Taxes, remuneration and social security | 45 | €5,518 | €5,443 | -€76 | -1.4% |
| Taxes | 450/3 | €5,518 | €5,142 | -€376 | -6.8% |
| Remuneration and social security | 454/9 | - | €301 | +€301 | |
| Other amounts payable | 47/48 | €6,811 | €5,168 | -€1,643 | -24.1% |
| Remuneration, social security and pensions | 62 | €27,457 | €34,094 | +€6,637 | +24.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,626 | €2,689 | -€2,937 | -52.2% |
| Other operating charges | 640/8 | €212 | €162 | -€50 | -23.6% |
| Gross operating margin | 9900 | €39,451 | €39,498 | +€48 | +0.1% |
| Operating profit (loss) | 9901 | €6,156 | €2,554 | -€3,603 | -58.5% |
| Financial charges | 65/66B | €102 | €71 | -€31 | -30.7% |
| Recurring financial charges | 65 | €102 | €71 | -€31 | -30.7% |
| Profit (loss) for the period before taxes | 9903 | €6,055 | €2,483 | -€3,571 | -59.0% |
| Income taxes | 67/77 | €140 | €141 | +€1 | +1.0% |
| Profit (loss) for the period | 9904 | €5,915 | €2,342 | -€3,573 | -60.4% |
| Profit (loss) for the period to be appropriated | 9905 | €5,915 | €2,342 | -€3,573 | -60.4% |
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 20 October 2026 via checked.be.