KAPUCIJN: 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.
KAPUCIJN
Largest movements
- Receivables within one year -€24,151
down €24,151 (-43.7%), from €55,303 to €31,152
of which Other amounts receivable: -€15,604
- Cash +€10,594
up €10,594 (+2,487%), from €426 to €11,020
mainly Net result for the year (+€24,880) and Receivables within one year (+€24,151)
- Tangible fixed assets -€9,970
down €9,970 (-16.5%), from €60,435 to €50,466
of which Plant, machinery and equipment: -€6,912
- Deferred charges and accrued income +€1,537
new in 2025: €1,537
- Tax, wage and social debts -€30,591
down €30,591 (-79.4%), from €38,513 to €7,921
of which Taxes: -€15,783
- Profit (loss) carried forward +€24,880
up €24,880 (+73.2%), from -€33,994 to -€9,114
- Debts after one year -€20,958
down €20,958 (-51.0%), from €41,065 to €20,107
- Trade debts +€8,099
up €8,099 (+733%), from €1,105 to €9,204
- Short-term financial debts -€3,153
no longer reported in 2025 (was €3,153)
- Staff costs -€59,612
down €59,612 (-37.6%), from €158,583 to €98,971
- Financial charges -€17,933
down €17,933 (-61.3%), from €29,273 to €11,340
- Gross operating margin -€14,355
down €14,355 (-8.9%), from €161,960 to €147,605
- Depreciation -€3,750
down €3,750 (-24.4%), from €15,367 to €11,618
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 | €121,074 | €98,444 | -€22,629 | -18.7% |
| Fixed assets | 21/28 | €60,735 | €50,466 | -€10,270 | -16.9% |
| Tangible fixed assets | 22/27 | €60,435 | €50,466 | -€9,970 | -16.5% |
| Land and buildings | 22 | €13,220 | €13,081 | -€139 | -1.0% |
| Plant, machinery and equipment | 23 | €22,937 | €16,026 | -€6,912 | -30.1% |
| Furniture and vehicles | 24 | €1,546 | €1,175 | -€371 | -24.0% |
| Other tangible fixed assets | 26 | €22,733 | €20,183 | -€2,549 | -11.2% |
| Financial fixed assets | 28 | €300 | - | -€300 | |
| Current assets | 29/58 | €60,338 | €47,979 | -€12,359 | -20.5% |
| Stocks and contracts in progress | 3 | €4,609 | €4,270 | -€340 | -7.4% |
| Stocks | 30/36 | €4,609 | €4,270 | -€340 | -7.4% |
| Amounts receivable within one year | 40/41 | €55,303 | €31,152 | -€24,151 | -43.7% |
| Trade receivables | 40 | €39,673 | €31,127 | -€8,547 | -21.5% |
| Other amounts receivable | 41 | €15,630 | €26 | -€15,604 | -99.8% |
| Cash at bank and in hand | 54/58 | €426 | €11,020 | +€10,594 | +2,487% |
| Deferred charges and accrued income | 490/1 | - | €1,537 | +€1,537 | |
| Total equity and liabilities | 10/49 | €121,074 | €98,444 | -€22,629 | -18.7% |
| Equity | 10/15 | €5,804 | €30,684 | +€24,880 | +429% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €33,598 | €33,598 | = | 0.0% |
| Distributable reserves | 133 | €33,598 | €33,598 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€33,994 | -€9,114 | +€24,880 | +73.2% |
| Amounts payable | 17/49 | €115,270 | €67,761 | -€47,509 | -41.2% |
| Amounts payable after more than one year | 17 | €41,065 | €20,107 | -€20,958 | -51.0% |
| Financial debts | 170/4 | €41,065 | €20,107 | -€20,958 | -51.0% |
| Amounts payable within one year | 42/48 | €74,205 | €47,653 | -€26,552 | -35.8% |
| Current portion of amounts payable after more than one year | 42 | €22,971 | €23,898 | +€927 | +4.0% |
| Financial debts | 43 | €3,153 | - | -€3,153 | |
| Credit institutions | 430/8 | €3,153 | - | -€3,153 | |
| Trade debts | 44 | €1,105 | €9,204 | +€8,099 | +733% |
| Suppliers | 440/4 | €1,105 | €9,204 | +€8,099 | +733% |
| Taxes, remuneration and social security | 45 | €38,513 | €7,921 | -€30,591 | -79.4% |
| Taxes | 450/3 | €20,388 | €4,605 | -€15,783 | -77.4% |
| Remuneration and social security | 454/9 | €18,125 | €3,317 | -€14,808 | -81.7% |
| Other amounts payable | 47/48 | €8,463 | €6,630 | -€1,833 | -21.7% |
| Remuneration, social security and pensions | 62 | €158,583 | €98,971 | -€59,612 | -37.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,367 | €11,618 | -€3,750 | -24.4% |
| Other operating charges | 640/8 | €1,484 | €470 | -€1,014 | -68.3% |
| Gross operating margin | 9900 | €161,960 | €147,605 | -€14,355 | -8.9% |
| Operating profit (loss) | 9901 | -€13,474 | €36,546 | +€50,021 | |
| Financial income | 75/76B | €1 | €23 | +€22 | +4,442% |
| Recurring financial income | 75 | €1 | €23 | +€22 | +4,442% |
| Financial charges | 65/66B | €29,273 | €11,340 | -€17,933 | -61.3% |
| Recurring financial charges | 65 | €29,273 | €11,340 | -€17,933 | -61.3% |
| Profit (loss) for the period before taxes | 9903 | -€42,747 | €25,229 | +€67,976 | |
| Income taxes | 67/77 | - | €349 | +€349 | |
| Profit (loss) for the period | 9904 | -€42,747 | €24,880 | +€67,627 | |
| Profit (loss) for the period to be appropriated | 9905 | -€42,747 | €24,880 | +€67,627 |
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 14 October 2026 via checked.be.