MODERNE KAPSALON: 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.
MODERNE KAPSALON
Largest movements
- Cash -€34,116
down €34,116 (-80.2%), from €42,536 to €8,420
mainly Investment in fixed assets (net) (-€21,084) and Tax, wage and social debts (-€16,758)
- Tangible fixed assets +€16,853
up €16,853 (+1,343%), from €1,254 to €18,107
- Intangible fixed assets -€1,400
down €1,400 (-24.5%), from €5,717 to €4,317
- Receivables within one year +€700
new in 2024: €700
- Tax, wage and social debts -€16,758
down €16,758 (-59.5%), from €28,148 to €11,390
of which Remuneration and social security: -€11,499
- Trade debts -€1,211
down €1,211 (-53.9%), from €2,248 to €1,037
- Gross operating margin -€19,284
down €19,284 (-19.9%), from €96,988 to €77,704
- Staff costs -€12,437
down €12,437 (-15.2%), from €82,014 to €69,576
- Depreciation +€3,193
up €3,193 (+131%), from €2,438 to €5,631
- Other operating charges +€1,139
up €1,139 (+112%), from €1,014 to €2,153
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
Derived from the 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €49,507 | €31,544 | -€17,963 | -36.3% |
| Fixed assets | 21/28 | €6,971 | €22,424 | +€15,453 | +222% |
| Intangible fixed assets | 21 | €5,717 | €4,317 | -€1,400 | -24.5% |
| Tangible fixed assets | 22/27 | €1,254 | €18,107 | +€16,853 | +1,343% |
| Furniture and vehicles | 24 | €1,254 | €18,107 | +€16,853 | +1,343% |
| Current assets | 29/58 | €42,536 | €9,120 | -€33,416 | -78.6% |
| Amounts receivable within one year | 40/41 | - | €700 | +€700 | |
| Other amounts receivable | 41 | - | €700 | +€700 | |
| Cash at bank and in hand | 54/58 | €42,536 | €8,420 | -€34,116 | -80.2% |
| Total equity and liabilities | 10/49 | €49,507 | €31,544 | -€17,963 | -36.3% |
| Equity | 10/15 | €18,513 | €18,745 | +€231 | +1.2% |
| Contributions | 10/11 | €7,000 | €7,000 | = | 0.0% |
| Capital | 10 | €7,000 | €7,000 | = | 0.0% |
| Issued capital | 100 | €19,000 | €19,000 | = | 0.0% |
| Uncalled capital | 101 | €12,000 | €12,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €11,513 | €11,745 | +€231 | +2.0% |
| Amounts payable | 17/49 | €30,993 | €12,799 | -€18,194 | -58.7% |
| Amounts payable within one year | 42/48 | €30,993 | €12,799 | -€18,194 | -58.7% |
| Trade debts | 44 | €2,248 | €1,037 | -€1,211 | -53.9% |
| Suppliers | 440/4 | €2,248 | €1,037 | -€1,211 | -53.9% |
| Taxes, remuneration and social security | 45 | €28,148 | €11,390 | -€16,758 | -59.5% |
| Taxes | 450/3 | €9,767 | €4,507 | -€5,260 | -53.9% |
| Remuneration and social security | 454/9 | €18,381 | €6,882 | -€11,499 | -62.6% |
| Other amounts payable | 47/48 | €597 | €372 | -€225 | -37.7% |
| Remuneration, social security and pensions | 62 | €82,014 | €69,576 | -€12,437 | -15.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,438 | €5,631 | +€3,193 | +131% |
| Other operating charges | 640/8 | €1,014 | €2,153 | +€1,139 | +112% |
| Gross operating margin | 9900 | €96,988 | €77,704 | -€19,284 | -19.9% |
| Operating profit (loss) | 9901 | €11,522 | €343 | -€11,179 | -97.0% |
| Financial charges | 65/66B | €9 | €112 | +€103 | +1,185% |
| Recurring financial charges | 65 | €9 | €112 | +€103 | +1,185% |
| Profit (loss) for the period before taxes | 9903 | €11,513 | €231 | -€11,282 | -98.0% |
| Profit (loss) for the period | 9904 | €11,513 | €231 | -€11,282 | -98.0% |
| Profit (loss) for the period to be appropriated | 9905 | €11,513 | €231 | -€11,282 | -98.0% |
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 20 October 2026 via checked.be.