KAPTA Survey: 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.
KAPTA Survey
Largest movements
- Receivables within one year -€83,688
down €83,688 (-22.5%), from €372,368 to €288,680
of which Trade receivables: -€87,109
- Cash -€53,764
down €53,764 (-81.0%), from €66,382 to €12,617
mainly Contributions, distributions and other (-€125,494) and Trade debts (-€94,958)
- Tangible fixed assets -€9,541
down €9,541 (-51.0%), from €18,703 to €9,162
- Trade debts -€94,958
down €94,958 (-44.7%), from €212,337 to €117,379
- Investment grants -€91,494
down €91,494 (-71.4%), from €128,131 to €36,637
- Other debts +€32,216
up €32,216 (+105%), from €30,775 to €62,991
- Profit (loss) carried forward +€11,562
up €11,562 (+197%), from €5,861 to €17,422
- Reserves -€10,000
down €10,000 (-31.4%), from €31,860 to €21,860
of which Distributable reserves: -€10,000
- Turnover -€279,236
no longer reported in 2025 (was €279,236)
- Purchases and services -€176,511
no longer reported in 2025 (was €176,511)
- Financial income +€76,062
up €76,062 (+493%), from €15,432 to €91,494
- Staff costs +€26,106
up €26,106 (+22.0%), from €118,399 to €144,506
- Gross operating margin -€13,934
down €13,934 (-10.9%), from €127,356 to €113,422
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 | €475,658 | €328,856 | -€146,802 | -30.9% |
| Fixed assets | 21/28 | €33,703 | €24,162 | -€9,541 | -28.3% |
| Tangible fixed assets | 22/27 | €18,703 | €9,162 | -€9,541 | -51.0% |
| Furniture and vehicles | 24 | €18,703 | €9,162 | -€9,541 | -51.0% |
| Financial fixed assets | 28 | €15,000 | €15,000 | = | 0.0% |
| Current assets | 29/58 | €441,955 | €304,694 | -€137,261 | -31.1% |
| Amounts receivable within one year | 40/41 | €372,368 | €288,680 | -€83,688 | -22.5% |
| Trade receivables | 40 | €371,912 | €284,802 | -€87,109 | -23.4% |
| Other amounts receivable | 41 | €457 | €3,878 | +€3,421 | +749% |
| Cash at bank and in hand | 54/58 | €66,382 | €12,617 | -€53,764 | -81.0% |
| Deferred charges and accrued income | 490/1 | €3,205 | €3,397 | +€192 | +6.0% |
| Total equity and liabilities | 10/49 | €475,658 | €328,856 | -€146,802 | -30.9% |
| Equity | 10/15 | €184,451 | €94,519 | -€89,933 | -48.8% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Contributions outside capital | 11 | €18,600 | €18,600 | = | 0.0% |
| Other | 1109/19 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €31,860 | €21,860 | -€10,000 | -31.4% |
| 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 | €30,000 | €20,000 | -€10,000 | -33.3% |
| Profit (loss) carried forward | 14 | €5,861 | €17,422 | +€11,562 | +197% |
| Investment grants | 15 | €128,131 | €36,637 | -€91,494 | -71.4% |
| Amounts payable | 17/49 | €291,207 | €234,337 | -€56,870 | -19.5% |
| Amounts payable within one year | 42/48 | €291,207 | €234,337 | -€56,870 | -19.5% |
| Trade debts | 44 | €212,337 | €117,379 | -€94,958 | -44.7% |
| Suppliers | 440/4 | €212,337 | €117,379 | -€94,958 | -44.7% |
| Taxes, remuneration and social security | 45 | €48,094 | €53,967 | +€5,873 | +12.2% |
| Taxes | 450/3 | €23,432 | €20,391 | -€3,041 | -13.0% |
| Remuneration and social security | 454/9 | €24,663 | €33,576 | +€8,914 | +36.1% |
| Other amounts payable | 47/48 | €30,775 | €62,991 | +€32,216 | +105% |
| Turnover | 70 | €279,236 | - | -€279,236 | |
| Goods, raw materials, services and sundry goods | 60/61 | €176,511 | - | -€176,511 | |
| Remuneration, social security and pensions | 62 | €118,399 | €144,506 | +€26,106 | +22.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,420 | €9,541 | +€2,121 | +28.6% |
| Other operating charges | 640/8 | €1,292 | €1,484 | +€192 | +14.8% |
| Gross operating margin | 9900 | €127,356 | €113,422 | -€13,934 | -10.9% |
| Operating profit (loss) | 9901 | €244 | -€42,108 | -€42,353 | |
| Financial income | 75/76B | €15,432 | €91,494 | +€76,062 | +493% |
| Recurring financial income | 75 | €15,432 | €91,494 | +€76,062 | +493% |
| Financial charges | 65/66B | €717 | €1,204 | +€487 | +67.9% |
| Recurring financial charges | 65 | €717 | €1,204 | +€487 | +67.9% |
| Profit (loss) for the period before taxes | 9903 | €14,959 | €48,182 | +€33,223 | +222% |
| Income taxes | 67/77 | €3,006 | €12,620 | +€9,614 | +320% |
| Profit (loss) for the period | 9904 | €11,953 | €35,562 | +€23,609 | +198% |
| Profit (loss) for the period to be appropriated | 9905 | €11,953 | €35,562 | +€23,609 | +198% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 24 October 2026 via checked.be.