So Cape: 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.
So Cape
Largest movements
- Stocks and contracts +€2,050
up €2,050 (+32.1%), from €6,395 to €8,445
- Tangible fixed assets -€500
down €500 (-25.0%), from €2,000 to €1,500
- Cash -€457
down €457 (-33.1%), from €1,379 to €922
mainly Net result for the year (-€6,195) and Stocks and contracts (-€2,050)
- Profit (loss) carried forward -€6,195
down €6,195 (-47.3%), from -€13,097 to -€19,292
- Other debts +€5,968
up €5,968 (+42.5%), from €14,031 to €19,999
- Trade debts +€1,320
up €1,320 (+50.0%), from €2,640 to €3,960
- Gross operating margin -€4,684
down €4,684 (-791.6%), from -€592 to -€5,276
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.
Cash bridge derived
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 | €9,774 | €10,867 | +€1,093 | +11.2% |
| Fixed assets | 21/28 | €2,000 | €1,500 | -€500 | -25.0% |
| Tangible fixed assets | 22/27 | €2,000 | €1,500 | -€500 | -25.0% |
| Other tangible fixed assets | 26 | €2,000 | €1,500 | -€500 | -25.0% |
| Current assets | 29/58 | €7,774 | €9,367 | +€1,593 | +20.5% |
| Stocks and contracts in progress | 3 | €6,395 | €8,445 | +€2,050 | +32.1% |
| Stocks | 30/36 | €6,395 | €8,445 | +€2,050 | +32.1% |
| Cash at bank and in hand | 54/58 | €1,379 | €922 | -€457 | -33.1% |
| Total equity and liabilities | 10/49 | €9,774 | €10,867 | +€1,093 | +11.2% |
| Equity | 10/15 | -€6,897 | -€13,092 | -€6,195 | -89.8% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€13,097 | -€19,292 | -€6,195 | -47.3% |
| Amounts payable | 17/49 | €16,671 | €23,959 | +€7,288 | +43.7% |
| Amounts payable within one year | 42/48 | €16,671 | €23,959 | +€7,288 | +43.7% |
| Trade debts | 44 | €2,640 | €3,960 | +€1,320 | +50.0% |
| Suppliers | 440/4 | €2,640 | €3,960 | +€1,320 | +50.0% |
| Other amounts payable | 47/48 | €14,031 | €19,999 | +€5,968 | +42.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €500 | €500 | = | 0.0% |
| Other operating charges | 640/8 | €384 | €387 | +€3 | +0.8% |
| Gross operating margin | 9900 | -€592 | -€5,276 | -€4,684 | -791.6% |
| Operating profit (loss) | 9901 | -€1,476 | -€6,163 | -€4,687 | -317.5% |
| Financial charges | 65/66B | €32 | €32 | = | 0.0% |
| Recurring financial charges | 65 | €32 | €32 | = | 0.0% |
| Profit (loss) for the period before taxes | 9903 | -€1,508 | -€6,195 | -€4,687 | -310.8% |
| Profit (loss) for the period | 9904 | -€1,508 | -€6,195 | -€4,687 | -310.8% |
| Profit (loss) for the period to be appropriated | 9905 | -€1,508 | -€6,195 | -€4,687 | -310.8% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.