KAPTAH SOFTWARE: 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.
KAPTAH SOFTWARE
Largest movements
- Cash +€31,718
up €31,718 (+237.3%), from €13,364 to €45,081
mainly Net result for the year (+€34,988) and Receivables within one year (+€10,712)
- Receivables within one year -€10,712
down €10,712 (-23.4%), from €45,687 to €34,975
of which Other amounts receivable: -€21,358
- Deferred charges and accrued income +€10,359
up €10,359 (+1114.6%), from €929 to €11,289
- Tangible fixed assets -€2,424
down €2,424 (-2.9%), from €84,183 to €81,759
of which Land and buildings: -€7,154
- Reserves +€34,988
up €34,988 (+120.0%), from €29,158 to €64,146
- Trade debts -€6,503
down €6,503 (-65.5%), from €9,930 to €3,427
- Tax, wage and social debts +€2,146
up €2,146 (+23.7%), from €9,042 to €11,188
- Gross operating margin +€32,610
up €32,610 (+108.9%), from €29,958 to €62,568
- Taxes +€6,211
up €6,211 (+85.0%), from €7,308 to €13,520
- Financial charges +€1,166
up €1,166 (+158.7%), from €735 to €1,901
- Depreciation +€958
up €958 (+10.6%), from €9,057 to €10,015
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 | €144,830 | €173,771 | +€28,941 | +20.0% |
| Fixed assets | 21/28 | €84,849 | €82,426 | -€2,424 | -2.9% |
| Tangible fixed assets | 22/27 | €84,183 | €81,759 | -€2,424 | -2.9% |
| Land and buildings | 22 | €79,021 | €71,867 | -€7,154 | -9.1% |
| Plant, machinery and equipment | 23 | €2,527 | €8,308 | +€5,781 | +228.7% |
| Furniture and vehicles | 24 | €2,635 | €1,585 | -€1,050 | -39.9% |
| Financial fixed assets | 28 | €666 | €666 | = | 0.0% |
| Current assets | 29/58 | €59,981 | €91,345 | +€31,365 | +52.3% |
| Amounts receivable within one year | 40/41 | €45,687 | €34,975 | -€10,712 | -23.4% |
| Trade receivables | 40 | €20,451 | €31,097 | +€10,646 | +52.1% |
| Other amounts receivable | 41 | €25,236 | €3,878 | -€21,358 | -84.6% |
| Cash at bank and in hand | 54/58 | €13,364 | €45,081 | +€31,718 | +237.3% |
| Deferred charges and accrued income | 490/1 | €929 | €11,289 | +€10,359 | +1114.6% |
| Total equity and liabilities | 10/49 | €144,830 | €173,771 | +€28,941 | +20.0% |
| Equity | 10/15 | €124,168 | €159,156 | +€34,988 | +28.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €29,158 | €64,146 | +€34,988 | +120.0% |
| Distributable reserves | 133 | €29,158 | €64,146 | +€34,988 | +120.0% |
| Profit (loss) carried forward | 14 | €76,411 | €76,411 | = | 0.0% |
| Amounts payable | 17/49 | €20,661 | €14,615 | -€6,047 | -29.3% |
| Amounts payable within one year | 42/48 | €20,133 | €14,615 | -€5,518 | -27.4% |
| Trade debts | 44 | €9,930 | €3,427 | -€6,503 | -65.5% |
| Suppliers | 440/4 | €9,930 | €3,427 | -€6,503 | -65.5% |
| Taxes, remuneration and social security | 45 | €9,042 | €11,188 | +€2,146 | +23.7% |
| Taxes | 450/3 | €9,042 | €11,188 | +€2,146 | +23.7% |
| Other amounts payable | 47/48 | €1,160 | €0 | -€1,160 | -100.0% |
| Accrued charges and deferred income | 492/3 | €528 | €0 | -€528 | -100.0% |
| Remuneration, social security and pensions | 62 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,057 | €10,015 | +€958 | +10.6% |
| Other operating charges | 640/8 | €2,604 | €2,270 | -€335 | -12.9% |
| Gross operating margin | 9900 | €29,958 | €62,568 | +€32,610 | +108.9% |
| Operating profit (loss) | 9901 | €18,296 | €50,284 | +€31,988 | +174.8% |
| Financial income | 75/76B | €20 | €124 | +€104 | +510.5% |
| Recurring financial income | 75 | €20 | €124 | +€104 | +510.5% |
| Financial charges | 65/66B | €735 | €1,901 | +€1,166 | +158.7% |
| Recurring financial charges | 65 | €735 | €1,901 | +€1,166 | +158.7% |
| Profit (loss) for the period before taxes | 9903 | €17,582 | €48,508 | +€30,926 | +175.9% |
| Income taxes | 67/77 | €7,308 | €13,520 | +€6,211 | +85.0% |
| Profit (loss) for the period | 9904 | €10,274 | €34,988 | +€24,714 | +240.6% |
| Profit (loss) for the period to be appropriated | 9905 | €10,274 | €34,988 | +€24,714 | +240.6% |
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 30 September 2026 via checked.be.