LES CAPELANS: 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.
LES CAPELANS
Largest movements
- Tangible fixed assets -€463,676
down €463,676 (-96.9%), from €478,344 to €14,668
of which Land and buildings: -€448,584
- Cash +€216,696
up €216,696 (+359.5%), from €60,274 to €276,970
mainly Investment in fixed assets (net) (+€455,361) and Net result for the year (+€91,276)
- Receivables within one year +€7,478
up €7,478 (+194.2%), from €3,851 to €11,328
of which Other amounts receivable: +€7,889
- Debts after one year -€232,015
down €232,015 (-100.0%), from €232,015 to €0
of which Financial debts: -€227,295
- Reserves +€91,276
up €91,276 (+61.0%), from €149,737 to €241,012
- Other debts -€56,675
down €56,675 (-70.5%), from €80,361 to €23,686
- Current portion of long-term debt -€44,193
down €44,193 (-100.0%), from €44,193 to €0
- Gross operating margin +€66,383
up €66,383 (+77.3%), from €85,860 to €152,243
- Taxes +€25,289
up €25,289 (+219.7%), from €11,510 to €36,799
- Depreciation -€16,367
down €16,367 (-66.3%), from €24,682 to €8,315
- Financial charges -€5,719
down €5,719 (-29.7%), from €19,247 to €13,527
- Financial income -€2,443
down €2,443 (-100.0%), from €2,443 to €0
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 | €584,301 | €344,854 | -€239,447 | -41.0% |
| Fixed assets | 21/28 | €517,558 | €53,882 | -€463,676 | -89.6% |
| Tangible fixed assets | 22/27 | €478,344 | €14,668 | -€463,676 | -96.9% |
| Land and buildings | 22 | €448,584 | €0 | -€448,584 | -100.0% |
| Plant, machinery and equipment | 23 | €6,366 | €1,510 | -€4,856 | -76.3% |
| Furniture and vehicles | 24 | €23,394 | €13,158 | -€10,236 | -43.8% |
| Financial fixed assets | 28 | €39,214 | €39,214 | = | 0.0% |
| Current assets | 29/58 | €66,742 | €290,972 | +€224,229 | +336.0% |
| Amounts receivable within one year | 40/41 | €3,851 | €11,328 | +€7,478 | +194.2% |
| Trade receivables | 40 | €411 | €0 | -€411 | -100.0% |
| Other amounts receivable | 41 | €3,440 | €11,328 | +€7,889 | +229.3% |
| Cash at bank and in hand | 54/58 | €60,274 | €276,970 | +€216,696 | +359.5% |
| Deferred charges and accrued income | 490/1 | €2,617 | €2,673 | +€56 | +2.1% |
| Total equity and liabilities | 10/49 | €584,301 | €344,854 | -€239,447 | -41.0% |
| Equity | 10/15 | €209,737 | €301,012 | +€91,276 | +43.5% |
| Contributions | 10/11 | €60,000 | €60,000 | = | 0.0% |
| Reserves | 13 | €149,737 | €241,012 | +€91,276 | +61.0% |
| Distributable reserves | 133 | €149,737 | €241,012 | +€91,276 | +61.0% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €374,564 | €43,841 | -€330,723 | -88.3% |
| Amounts payable after more than one year | 17 | €232,015 | €0 | -€232,015 | -100.0% |
| Financial debts | 170/4 | €227,295 | €0 | -€227,295 | -100.0% |
| Other amounts payable | 178/9 | €4,720 | €0 | -€4,720 | -100.0% |
| Amounts payable within one year | 42/48 | €141,372 | €43,429 | -€97,943 | -69.3% |
| Current portion of amounts payable after more than one year | 42 | €44,193 | €0 | -€44,193 | -100.0% |
| Trade debts | 44 | €104 | €1,855 | +€1,752 | +1690.9% |
| Suppliers | 440/4 | €104 | €1,855 | +€1,752 | +1690.9% |
| Taxes, remuneration and social security | 45 | €16,714 | €17,888 | +€1,173 | +7.0% |
| Taxes | 450/3 | €16,714 | €17,888 | +€1,173 | +7.0% |
| Other amounts payable | 47/48 | €80,361 | €23,686 | -€56,675 | -70.5% |
| Accrued charges and deferred income | 492/3 | €1,177 | €412 | -€765 | -65.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €24,682 | €8,315 | -€16,367 | -66.3% |
| Other operating charges | 640/8 | €2,189 | €2,325 | +€136 | +6.2% |
| Gross operating margin | 9900 | €85,860 | €152,243 | +€66,383 | +77.3% |
| Operating profit (loss) | 9901 | €58,988 | €141,602 | +€82,614 | +140.1% |
| Financial income | 75/76B | €2,443 | €0 | -€2,443 | -100.0% |
| Recurring financial income | 75 | €2,443 | €0 | -€2,443 | -100.0% |
| Financial charges | 65/66B | €19,247 | €13,527 | -€5,719 | -29.7% |
| Recurring financial charges | 65 | €19,247 | €13,527 | -€5,719 | -29.7% |
| Profit (loss) for the period before taxes | 9903 | €42,185 | €128,075 | +€85,890 | +203.6% |
| Income taxes | 67/77 | €11,510 | €36,799 | +€25,289 | +219.7% |
| Profit (loss) for the period | 9904 | €30,675 | €91,276 | +€60,601 | +197.6% |
| Profit (loss) for the period to be appropriated | 9905 | €30,675 | €91,276 | +€60,601 | +197.6% |
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 7 October 2026 via checked.be.