Refuge Kapelleberg: 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.
Refuge Kapelleberg
Largest movements
- Intangible fixed assets -€35,714
down €35,714 (-27.7%), from €128,865 to €93,151
- Tangible fixed assets -€12,350
down €12,350 (-11.0%), from €112,375 to €100,025
of which Plant, machinery and equipment: -€8,321
- Cash +€12,237
up €12,237 (+18.4%), from €66,515 to €78,751
mainly Depreciation (+€65,224) and Advances received (+€2,402)
- Receivables within one year +€11,177
up €11,177 (+155%), from €7,203 to €18,380
of which Trade receivables: +€11,780
- Profit (loss) carried forward -€23,298
down €23,298 (-102%), from -€22,809 to -€46,106
- Gross operating margin +€26,479
up €26,479 (+47.6%), from €55,575 to €82,054
- Financial income -€1,604
down €1,604 (-98.5%), from €1,628 to €24
- Staff costs +€1,463
up €1,463 (+3.9%), from €37,593 to €39,056
- Depreciation +€1,390
up €1,390 (+2.2%), from €63,834 to €65,224
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 | €319,330 | €295,558 | -€23,772 | -7.4% |
| Formation expenses | 20 | €3,941 | €2,931 | -€1,009 | -25.6% |
| Fixed assets | 21/28 | €241,240 | €193,175 | -€48,064 | -19.9% |
| Intangible fixed assets | 21 | €128,865 | €93,151 | -€35,714 | -27.7% |
| Tangible fixed assets | 22/27 | €112,375 | €100,025 | -€12,350 | -11.0% |
| Land and buildings | 22 | €31,773 | €27,942 | -€3,831 | -12.1% |
| Plant, machinery and equipment | 23 | €64,575 | €56,254 | -€8,321 | -12.9% |
| Furniture and vehicles | 24 | €16,027 | €15,828 | -€199 | -1.2% |
| Current assets | 29/58 | €74,150 | €99,451 | +€25,301 | +34.1% |
| Amounts receivable within one year | 40/41 | €7,203 | €18,380 | +€11,177 | +155% |
| Trade receivables | 40 | €5,765 | €17,545 | +€11,780 | +204% |
| Other amounts receivable | 41 | €1,438 | €835 | -€603 | -41.9% |
| Cash at bank and in hand | 54/58 | €66,515 | €78,751 | +€12,237 | +18.4% |
| Deferred charges and accrued income | 490/1 | €431 | €2,319 | +€1,888 | +438% |
| Total equity and liabilities | 10/49 | €319,330 | €295,558 | -€23,772 | -7.4% |
| Equity | 10/15 | €7,191 | -€16,106 | -€23,298 | |
| Contributions | 10/11 | €30,000 | €30,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€22,809 | -€46,106 | -€23,298 | -102% |
| Amounts payable | 17/49 | €312,139 | €311,664 | -€475 | -0.2% |
| Amounts payable within one year | 42/48 | €312,139 | €311,664 | -€475 | -0.2% |
| Trade debts | 44 | €10,426 | €8,549 | -€1,877 | -18.0% |
| Suppliers | 440/4 | €10,426 | €8,549 | -€1,877 | -18.0% |
| Advances received on contracts in progress | 46 | - | €2,402 | +€2,402 | |
| Taxes, remuneration and social security | 45 | €4,298 | €3,298 | -€1,000 | -23.3% |
| Taxes | 450/3 | €190 | €941 | +€750 | +394% |
| Remuneration and social security | 454/9 | €4,107 | €2,357 | -€1,750 | -42.6% |
| Other amounts payable | 47/48 | €297,415 | €297,415 | = | 0.0% |
| Remuneration, social security and pensions | 62 | €37,593 | €39,056 | +€1,463 | +3.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €63,834 | €65,224 | +€1,390 | +2.2% |
| Other operating charges | 640/8 | €693 | €712 | +€20 | +2.9% |
| Gross operating margin | 9900 | €55,575 | €82,054 | +€26,479 | +47.6% |
| Operating profit (loss) | 9901 | -€46,545 | -€22,938 | +€23,606 | +50.7% |
| Financial income | 75/76B | €1,628 | €24 | -€1,604 | -98.5% |
| Recurring financial income | 75 | €1,628 | €24 | -€1,604 | -98.5% |
| Financial charges | 65/66B | €180 | €218 | +€38 | +21.4% |
| Recurring financial charges | 65 | €180 | €218 | +€38 | +21.4% |
| Profit (loss) for the period before taxes | 9903 | -€45,097 | -€23,133 | +€21,964 | +48.7% |
| Income taxes | 67/77 | €128 | €165 | +€37 | +28.9% |
| Profit (loss) for the period | 9904 | -€45,225 | -€23,298 | +€21,927 | +48.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€45,225 | -€23,298 | +€21,927 | +48.5% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 20 October 2026 via checked.be.