KAPTA: what changed
Two fiscal 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.
KAPTA
Largest movements
- Cash +€16,143
up €16,143 (+303.7%), from €5,315 to €21,458
mainly Net result for the year (+€14,068) and Receivables within one year (+€4,681)
- Receivables within one year -€4,681
down €4,681 (-71.5%), from €6,547 to €1,866
of which Trade receivables: -€5,001
- Tangible fixed assets +€406
up €406 (+21.1%), from €1,925 to €2,331
of which Plant, machinery and equipment: +€736
- Profit (loss) carried forward +€14,068
up €14,068 (+43.1%), from -€32,670 to -€18,602
- Other debts -€2,044
down €2,044 (-6.1%), from €33,247 to €31,203
- Gross operating margin -€3,359
down €3,359 (-18.4%), from €18,251 to €14,893
- Depreciation +€307
up €307 (+98.3%), from €313 to €620
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 | €13,787 | €25,654 | +€11,868 | +86.1% |
| Fixed assets | 21/28 | €1,925 | €2,331 | +€406 | +21.1% |
| Tangible fixed assets | 22/27 | €1,925 | €2,331 | +€406 | +21.1% |
| Plant, machinery and equipment | 23 | €378 | €1,115 | +€736 | +194.7% |
| Furniture and vehicles | 24 | €1,546 | €1,216 | -€330 | -21.4% |
| Current assets | 29/58 | €11,862 | €23,324 | +€11,462 | +96.6% |
| Amounts receivable within one year | 40/41 | €6,547 | €1,866 | -€4,681 | -71.5% |
| Trade receivables | 40 | €6,442 | €1,441 | -€5,001 | -77.6% |
| Other amounts receivable | 41 | €105 | €424 | +€320 | +305.7% |
| Cash at bank and in hand | 54/58 | €5,315 | €21,458 | +€16,143 | +303.7% |
| Total equity and liabilities | 10/49 | €13,787 | €25,654 | +€11,868 | +86.1% |
| Equity | 10/15 | -€19,771 | -€5,703 | +€14,068 | +71.2% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €6,699 | €6,699 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €4,839 | €4,839 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€32,670 | -€18,602 | +€14,068 | +43.1% |
| Amounts payable | 17/49 | €33,558 | €31,357 | -€2,200 | -6.6% |
| Amounts payable within one year | 42/48 | €33,558 | €31,357 | -€2,200 | -6.6% |
| Trade debts | 44 | €311 | €155 | -€156 | -50.3% |
| Suppliers | 440/4 | €311 | €155 | -€156 | -50.3% |
| Other amounts payable | 47/48 | €33,247 | €31,203 | -€2,044 | -6.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €313 | €620 | +€307 | +98.3% |
| Other operating charges | 640/8 | €118 | €120 | +€2 | +1.7% |
| Gross operating margin | 9900 | €18,251 | €14,893 | -€3,359 | -18.4% |
| Operating profit (loss) | 9901 | €17,821 | €14,153 | -€3,668 | -20.6% |
| Financial charges | 65/66B | €81 | €85 | +€3 | +4.1% |
| Recurring financial charges | 65 | €81 | €85 | +€3 | +4.1% |
| Profit (loss) for the period before taxes | 9903 | €17,739 | €14,068 | -€3,671 | -20.7% |
| Profit (loss) for the period | 9904 | €17,739 | €14,068 | -€3,671 | -20.7% |
| Profit (loss) for the period to be appropriated | 9905 | €17,739 | €14,068 | -€3,671 | -20.7% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.