't KAPPERSHUIS: what changed
't KAPPERSHUIS
Largest movements
- Cash +€30,500
up €30,500 (+190%), from €16,038 to €46,538
mainly Net result for the year (+€19,904) and Depreciation (+€6,561)
- Tangible fixed assets -€9,769
down €9,769 (-39.2%), from €24,928 to €15,159
of which Other tangible fixed assets: -€5,700
- Receivables within one year -€1,853
down €1,853 (-93.2%), from €1,988 to €135
of which Other amounts receivable: -€960
- Stocks and contracts -€965
down €965 (-19.7%), from €4,896 to €3,931
- Reserves +€18,743
new in 2025: €18,743
- Tax, wage and social debts +€5,795
up €5,795 (+144%), from €4,010 to €9,805
of which Remuneration and social security: +€3,000
- Current portion of long-term debt -€4,578
down €4,578 (-48.8%), from €9,372 to €4,795
- Debts after one year -€3,780
down €3,780 (-39.2%), from €9,643 to €5,863
- Profit (loss) carried forward +€1,161
up €1,161, from -€1,161 to €0
- Gross operating margin +€10,853
up €10,853 (+51.6%), from €21,025 to €31,878
- Depreciation -€8,945
down €8,945 (-57.7%), from €15,506 to €6,561
- Taxes +€1,051
up €1,051 (+51.5%), from €2,040 to €3,090
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €50,347 | €67,887 | +€17,540 | +34.8% |
| Fixed assets | 21/28 | €24,928 | €15,159 | -€9,769 | -39.2% |
| Intangible fixed assets | 21 | €0 | €0 | = | |
| Tangible fixed assets | 22/27 | €24,928 | €15,159 | -€9,769 | -39.2% |
| Plant, machinery and equipment | 23 | €617 | €2,123 | +€1,506 | +244% |
| Furniture and vehicles | 24 | €6,138 | €564 | -€5,575 | -90.8% |
| Other tangible fixed assets | 26 | €18,173 | €12,473 | -€5,700 | -31.4% |
| Current assets | 29/58 | €25,419 | €52,728 | +€27,309 | +107% |
| Stocks and contracts in progress | 3 | €4,896 | €3,931 | -€965 | -19.7% |
| Stocks | 30/36 | €4,896 | €3,931 | -€965 | -19.7% |
| Amounts receivable within one year | 40/41 | €1,988 | €135 | -€1,853 | -93.2% |
| Trade receivables | 40 | €1,028 | €135 | -€893 | -86.9% |
| Other amounts receivable | 41 | €960 | €0 | -€960 | -100% |
| Cash at bank and in hand | 54/58 | €16,038 | €46,538 | +€30,500 | +190% |
| Deferred charges and accrued income | 490/1 | €2,496 | €2,123 | -€372 | -14.9% |
| Total equity and liabilities | 10/49 | €50,347 | €67,887 | +€17,540 | +34.8% |
| Equity | 10/15 | €23,839 | €43,743 | +€19,904 | +83.5% |
| Contributions | 10/11 | €25,000 | €25,000 | = | 0.0% |
| Reserves | 13 | - | €18,743 | +€18,743 | |
| Distributable reserves | 133 | - | €18,743 | +€18,743 | |
| Profit (loss) carried forward | 14 | -€1,161 | €0 | +€1,161 | |
| Amounts payable | 17/49 | €26,508 | €24,144 | -€2,364 | -8.9% |
| Amounts payable after more than one year | 17 | €9,643 | €5,863 | -€3,780 | -39.2% |
| Financial debts | 170/4 | €9,643 | €5,863 | -€3,780 | -39.2% |
| Amounts payable within one year | 42/48 | €16,861 | €18,281 | +€1,420 | +8.4% |
| Current portion of amounts payable after more than one year | 42 | €9,372 | €4,795 | -€4,578 | -48.8% |
| Trade debts | 44 | €325 | €613 | +€289 | +88.9% |
| Suppliers | 440/4 | €325 | €613 | +€289 | +88.9% |
| Taxes, remuneration and social security | 45 | €4,010 | €9,805 | +€5,795 | +144% |
| Taxes | 450/3 | €4,010 | €6,805 | +€2,795 | +69.7% |
| Remuneration and social security | 454/9 | €0 | €3,000 | +€3,000 | |
| Other amounts payable | 47/48 | €3,154 | €3,068 | -€85 | -2.7% |
| Accrued charges and deferred income | 492/3 | €3 | €0 | -€3 | -100% |
| Remuneration, social security and pensions | 62 | €65 | €0 | -€65 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,506 | €6,561 | -€8,945 | -57.7% |
| Other operating charges | 640/8 | €1,245 | €1,212 | -€33 | -2.6% |
| Gross operating margin | 9900 | €21,025 | €31,878 | +€10,853 | +51.6% |
| Operating profit (loss) | 9901 | €4,210 | €24,105 | +€19,895 | +473% |
| Financial income | 75/76B | €57 | €73 | +€16 | +27.4% |
| Recurring financial income | 75 | €57 | €73 | +€16 | +27.4% |
| Financial charges | 65/66B | €994 | €1,184 | +€191 | +19.2% |
| Recurring financial charges | 65 | €994 | €1,184 | +€191 | +19.2% |
| Profit (loss) for the period before taxes | 9903 | €3,274 | €22,994 | +€19,720 | +602% |
| Income taxes | 67/77 | €2,040 | €3,090 | +€1,051 | +51.5% |
| Profit (loss) for the period | 9904 | €1,234 | €19,904 | +€18,670 | +1,513% |
| Profit (loss) for the period to be appropriated | 9905 | €1,234 | €19,904 | +€18,670 | +1,513% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 3 November 2026 via checked.be.