C@PLAN: what changed
C@PLAN
Largest movements
- Cash -€352,135
down €352,135 (-75.6%), from €465,774 to €113,639
mainly Contributions, distributions and other (-€678,303) and Net result for the year (-€153,712)
- Current investments -€226,502
down €226,502 (-100%), from €226,502 to €0
- Receivables within one year -€104,893
down €104,893 (-58.3%), from €180,000 to €75,107
of which Other amounts receivable: -€104,893
- Receivables after one year -€90,000
down €90,000 (-33.3%), from €270,000 to €180,000
- Deferred charges and accrued income -€32,024
down €32,024 (-78.0%), from €41,072 to €9,048
- Reserves -€832,015
down €832,015 (-58.6%), from €1.4m to €586,614
of which Distributable reserves: -€832,015
- Trade debts +€27,149
up €27,149 (+531%), from €5,115 to €32,264
- Financial charges +€229,060
up €229,060 (+69,998%), from €327 to €229,388
- Taxes -€37,811
down €37,811 (-100%), from €37,811 to €0
- Gross operating margin -€29,028
down €29,028 (-24.2%), from €119,899 to €90,871
- Financial income -€16,829
down €16,829 (-75.4%), from €22,312 to €5,483
- Other operating charges -€2,372
down €2,372 (-10.3%), from €23,050 to €20,678
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 | €1,500,272 | €694,718 | -€805,553 | -53.7% |
| Fixed assets | 21/28 | €316,924 | €316,924 | = | 0.0% |
| Tangible fixed assets | 22/27 | €316,924 | €316,924 | = | 0.0% |
| Land and buildings | 22 | €316,924 | €316,924 | = | 0.0% |
| Current assets | 29/58 | €1,183,348 | €377,794 | -€805,553 | -68.1% |
| Amounts receivable after more than one year | 29 | €270,000 | €180,000 | -€90,000 | -33.3% |
| Other amounts receivable | 291 | €270,000 | €180,000 | -€90,000 | -33.3% |
| Amounts receivable within one year | 40/41 | €180,000 | €75,107 | -€104,893 | -58.3% |
| Trade receivables | 40 | €0 | - | = | |
| Other amounts receivable | 41 | €180,000 | €75,107 | -€104,893 | -58.3% |
| Current investments | 50/53 | €226,502 | €0 | -€226,502 | -100% |
| Cash at bank and in hand | 54/58 | €465,774 | €113,639 | -€352,135 | -75.6% |
| Deferred charges and accrued income | 490/1 | €41,072 | €9,048 | -€32,024 | -78.0% |
| Total equity and liabilities | 10/49 | €1,500,272 | €694,718 | -€805,553 | -53.7% |
| Equity | 10/15 | €1,480,629 | €648,614 | -€832,015 | -56.2% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €1,418,629 | €586,614 | -€832,015 | -58.6% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Tax-exempt reserves | 132 | €221 | €221 | = | 0.0% |
| Distributable reserves | 133 | €1,412,208 | €580,193 | -€832,015 | -58.9% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €19,643 | €46,105 | +€26,462 | +135% |
| Amounts payable within one year | 42/48 | €18,757 | €46,105 | +€27,347 | +146% |
| Trade debts | 44 | €5,115 | €32,264 | +€27,149 | +531% |
| Suppliers | 440/4 | €5,115 | €32,264 | +€27,149 | +531% |
| Taxes, remuneration and social security | 45 | €3,007 | €3,007 | = | 0.0% |
| Taxes | 450/3 | €3,007 | €3,007 | = | 0.0% |
| Other amounts payable | 47/48 | €10,635 | €10,834 | +€199 | +1.9% |
| Accrued charges and deferred income | 492/3 | €886 | €0 | -€886 | -100% |
| Other operating charges | 640/8 | €23,050 | €20,678 | -€2,372 | -10.3% |
| Gross operating margin | 9900 | €119,899 | €90,871 | -€29,028 | -24.2% |
| Operating profit (loss) | 9901 | €96,849 | €70,193 | -€26,656 | -27.5% |
| Financial income | 75/76B | €22,312 | €5,483 | -€16,829 | -75.4% |
| Recurring financial income | 75 | €22,312 | €5,483 | -€16,829 | -75.4% |
| Financial charges | 65/66B | €327 | €229,388 | +€229,060 | +69,998% |
| Recurring financial charges | 65 | €327 | €229,388 | +€229,060 | +69,998% |
| Profit (loss) for the period before taxes | 9903 | €118,833 | -€153,712 | -€272,545 | |
| Income taxes | 67/77 | €37,811 | €0 | -€37,811 | -100% |
| Profit (loss) for the period | 9904 | €81,023 | -€153,712 | -€234,735 | |
| Profit (loss) for the period to be appropriated | 9905 | €81,023 | -€153,712 | -€234,735 |
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 5 November 2026 via checked.be.