KAPTAN GROUP: 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.
KAPTAN GROUP
Largest movements
- Tangible fixed assets +€28,203
up €28,203 (+3,363%), from €839 to €29,042
- Receivables within one year -€16,108
down €16,108 (-29.8%), from €54,060 to €37,953
of which Trade receivables: -€18,179
- Debts after one year +€23,234
up €23,234 (+80.1%), from €29,000 to €52,234
of which Financial debts: +€23,234
- Trade debts -€9,099
down €9,099 (-77.4%), from €11,753 to €2,654
- Current portion of long-term debt +€5,941
new in 2024: €5,941
- Profit (loss) carried forward -€4,981
down €4,981 (-52.4%), from €9,506 to €4,526
- Other debts -€2,099
no longer reported in 2024 (was €2,099)
- Gross operating margin +€25,946
up €25,946 (+614%), from €4,224 to €30,170
- Purchases and services -€23,954
down €23,954 (-22.6%), from €105,946 to €81,992
- Other operating charges +€9,939
up €9,939 (+456%), from €2,181 to €12,120
- Depreciation +€5,346
up €5,346 (+217%), from €2,469 to €7,815
- Staff costs +€3,530
up €3,530 (+117%), from €3,006 to €6,536
From the 2023 result to the 2024 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
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €83,899 | €95,994 | +€12,095 | +14.4% |
| Fixed assets | 21/28 | €29,839 | €58,042 | +€28,203 | +94.5% |
| Tangible fixed assets | 22/27 | €839 | €29,042 | +€28,203 | +3,363% |
| Furniture and vehicles | 24 | €839 | €29,042 | +€28,203 | +3,363% |
| Financial fixed assets | 28 | €29,000 | €29,000 | = | 0.0% |
| Current assets | 29/58 | €54,060 | €37,953 | -€16,108 | -29.8% |
| Amounts receivable within one year | 40/41 | €54,060 | €37,953 | -€16,108 | -29.8% |
| Trade receivables | 40 | €52,810 | €34,631 | -€18,179 | -34.4% |
| Other amounts receivable | 41 | €1,250 | €3,321 | +€2,071 | +166% |
| Total equity and liabilities | 10/49 | €83,899 | €95,994 | +€12,095 | +14.4% |
| Equity | 10/15 | €29,966 | €24,986 | -€4,981 | -16.6% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Contributions outside capital | 11 | €18,600 | €18,600 | = | 0.0% |
| Share premium | 1100/10 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 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% |
| Profit (loss) carried forward | 14 | €9,506 | €4,526 | -€4,981 | -52.4% |
| Amounts payable | 17/49 | €53,933 | €71,008 | +€17,076 | +31.7% |
| Amounts payable after more than one year | 17 | €29,000 | €52,234 | +€23,234 | +80.1% |
| Financial debts | 170/4 | - | €23,234 | +€23,234 | |
| Other amounts payable | 178/9 | €29,000 | €29,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €24,933 | €18,775 | -€6,158 | -24.7% |
| Current portion of amounts payable after more than one year | 42 | - | €5,941 | +€5,941 | |
| Financial debts | 43 | €3,144 | €1,454 | -€1,690 | -53.8% |
| Credit institutions | 430/8 | €3,144 | €1,454 | -€1,690 | -53.8% |
| Trade debts | 44 | €11,753 | €2,654 | -€9,099 | -77.4% |
| Suppliers | 440/4 | €11,753 | €2,654 | -€9,099 | -77.4% |
| Taxes, remuneration and social security | 45 | €7,936 | €8,726 | +€790 | +10.0% |
| Taxes | 450/3 | €1,407 | €8,091 | +€6,684 | +475% |
| Remuneration and social security | 454/9 | €6,530 | €635 | -€5,895 | -90.3% |
| Other amounts payable | 47/48 | €2,099 | - | -€2,099 | |
| Turnover | 70 | €110,170 | €112,163 | +€1,992 | +1.8% |
| Goods, raw materials, services and sundry goods | 60/61 | €105,946 | €81,992 | -€23,954 | -22.6% |
| Remuneration, social security and pensions | 62 | €3,006 | €6,536 | +€3,530 | +117% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,469 | €7,815 | +€5,346 | +217% |
| Other operating charges | 640/8 | €2,181 | €12,120 | +€9,939 | +456% |
| Gross operating margin | 9900 | €4,224 | €30,170 | +€25,946 | +614% |
| Operating profit (loss) | 9901 | -€3,432 | €3,699 | +€7,131 | |
| Financial income | 75/76B | €785 | €2 | -€783 | -99.7% |
| Recurring financial income | 75 | €785 | €2 | -€783 | -99.7% |
| Non-recurring financial income | 76B | €785 | - | -€785 | |
| Financial charges | 65/66B | €4,265 | €7,332 | +€3,067 | +71.9% |
| Recurring financial charges | 65 | €1,235 | €4,421 | +€3,186 | +258% |
| Non-recurring financial charges | 66B | €3,030 | €2,911 | -€119 | -3.9% |
| Profit (loss) for the period before taxes | 9903 | -€6,912 | -€3,631 | +€3,281 | +47.5% |
| Income taxes | 67/77 | €2,175 | €1,350 | -€826 | -38.0% |
| Profit (loss) for the period | 9904 | -€9,087 | -€4,981 | +€4,107 | +45.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€9,087 | -€4,981 | +€4,107 | +45.2% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 26 October 2026 via checked.be.