CATALYST
Annual accounts 2025
micro format, filed on 02-02-2026, 2 days lateTurnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Turnover ≈ €400,000. Estimated: probably between €260,000 and €620,000.
Balance sheet
balance sheet total €482,552 on 30-06-2025in euro
in euro
Position in the sector
51.1%
Higher than 51% of 1,228 companies in 2025.
4.33
Higher than 77% of 1,188 companies in 2025.
17.3%
Higher than 79% of 1,199 companies in 2025.
Net result: top quarter · Equity: top quarter · Balance sheet total: top quarter · Working capital: top quarter
Filed annual accounts
as filed with the National Bank, click a year to choose it| Line | Trend | 2025 | 2024 | 2023 | 202218 months | 2020 | 2019 | 2018 | 2017 | 2016 | 201515 months |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet: assets | |||||||||||
20/58 |
482,552 | 479,805 | 541,737 | 322,745 | 102,530 | 96,526 | 89,075 | 75,218 | 75,687 | 44,395 | |
20 |
- | - | - | - | - | - | 0 | - | - | - | |
21/28 |
272,695 | 287,283 | 298,966 | 26,421 | 34,951 | 46,947 | 7,913 | 9,007 | 6,359 | 7,833 | |
21 |
- | - | - | - | - | - | 0 | - | - | - | |
22/27 |
267,695 | 282,283 | 293,966 | 26,421 | 34,951 | 46,947 | 7,913 | 9,007 | 6,359 | 7,833 | |
22 |
241,383 | 243,859 | 246,368 | 9,119 | 1,913 | 1,639 | 2,159 | 300 | 344 | 388 | |
23 |
0 | 29 | 709 | 1,469 | 2,608 | 3,368 | 909 | 1,786 | 1,928 | 1,012 | |
24 |
26,311 | 38,396 | 46,890 | 15,833 | 30,429 | 41,941 | 4,845 | 6,922 | 4,087 | 6,433 | |
26 |
- | - | - | - | - | - | 0 | - | - | - | |
27 |
- | - | - | - | - | - | 0 | - | - | - | |
28 |
5,000 | 5,000 | 5,000 | - | - | - | 0 | - | - | - | |
29/58 |
209,857 | 192,522 | 242,771 | 296,324 | 67,579 | 49,579 | 81,162 | 66,211 | 69,328 | 36,562 | |
29 |
- | - | - | - | - | - | 0 | - | - | - | |
290 |
- | - | - | - | - | - | 0 | - | - | - | |
291 |
- | - | - | - | - | - | 0 | - | - | - | |
3 |
- | - | - | - | - | - | 0 | - | - | - | |
30/36 |
- | - | - | - | - | - | 0 | - | - | - | |
37 |
- | - | - | - | - | - | 0 | - | - | - | |
40/41 |
94,803 | 81,497 | 99,626 | 121,010 | 60,404 | 33,307 | 75,026 | 46,724 | 45,398 | 34,976 | |
40 |
86,155 | 73,450 | 91,490 | 118,825 | 58,672 | 33,295 | 75,014 | 46,713 | 45,390 | 34,968 | |
41 |
8,648 | 8,048 | 8,137 | 2,186 | 1,731 | 12 | 12 | 12 | 8 | 8 | |
50/53 |
- | - | - | - | - | - | 0 | - | - | - | |
54/58 |
113,467 | 107,173 | 139,600 | 173,400 | 6,532 | 14,190 | 5,850 | 17,648 | 21,220 | 1,543 | |
490/1 |
1,588 | 3,851 | 3,545 | 1,913 | 644 | 2,082 | 286 | 1,839 | 2,710 | 42 | |
| Balance sheet: equity and liabilities | |||||||||||
10/49 |
482,552 | 479,805 | 541,737 | 322,745 | 102,530 | 96,526 | 89,075 | 75,218 | 75,687 | 44,395 | |
10/15 |
246,468 | 229,724 | 232,660 | 175,329 | 48,054 | 37,665 | 27,513 | 19,595 | 19,325 | 17,981 | |
10/11 |
18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | |
100 |
- | - | - | - | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | |
101 |
- | - | - | - | - | - | 0 | - | - | 0 | |
11 |
18,600 | 18,600 | 18,600 | 18,600 | - | - | 0 | - | - | - | |
1100/10 |
- | - | - | - | - | - | 0 | - | - | - | |
1109/19 |
18,600 | 18,600 | 18,600 | 18,600 | - | - | - | - | - | - | |
12 |
- | - | - | - | - | - | 0 | - | - | - | |
13 |
1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 270 | - | - | |
130/1 |
1,860 | 1,860 | 1,860 | 1,860 | 1,860 | - | 0 | - | - | - | |
130 |
- | - | - | - | 1,860 | 1,860 | 1,860 | 270 | - | - | |
1311 |
1,860 | 1,860 | 1,860 | 1,860 | - | - | - | - | - | - | |
1312 |
- | - | - | - | - | - | 0 | - | - | - | |
1319 |
- | - | - | - | - | - | 0 | - | - | - | |
132 |
- | - | - | - | - | - | 0 | - | - | - | |
133 |
- | - | - | - | - | - | 0 | - | - | - | |
14 |
226,008 | 209,264 | 212,200 | 154,869 | 27,594 | 17,205 | 7,053 | 725 | 725 | -619 | |
15 |
- | - | - | - | - | - | 0 | - | - | - | |
19 |
- | - | - | - | - | - | 0 | - | - | - | |
16 |
- | - | - | - | - | - | 0 | - | - | - | |
160/5 |
- | - | - | - | - | - | 0 | - | - | - | |
160 |
- | - | - | - | - | - | 0 | - | - | - | |
161 |
- | - | - | - | - | - | 0 | - | - | - | |
162 |
- | - | - | - | - | - | 0 | - | - | - | |
163 |
- | - | - | - | - | - | 0 | - | - | - | |
164/5 |
- | - | - | - | - | - | 0 | - | - | - | |
168 |
- | - | - | - | - | - | 0 | - | - | - | |
17/49 |
236,083 | 250,081 | 309,077 | 147,415 | 54,476 | 58,861 | 61,562 | 55,623 | 56,362 | 26,414 | |
17 |
186,331 | 195,222 | 206,796 | 11,959 | 25,149 | 33,790 | 0 | - | 0 | 2,278 | |
170/4 |
186,331 | 195,222 | 206,796 | 11,959 | 25,149 | 33,790 | 0 | - | 0 | 2,278 | |
175 |
- | - | - | - | - | - | 0 | - | - | - | |
176 |
- | - | - | - | - | - | 0 | - | - | - | |
178/9 |
- | - | - | - | - | - | 0 | - | - | - | |
42/48 |
48,413 | 54,860 | 102,281 | 135,456 | 29,327 | 25,071 | 11,160 | 55,623 | 56,362 | 24,136 | |
42 |
8,890 | 11,574 | 15,163 | 8,824 | 8,641 | 8,521 | 0 | - | 2,278 | 3,817 | |
43 |
- | - | - | - | - | - | 0 | - | - | - | |
430/8 |
- | - | - | - | - | - | 0 | - | - | - | |
439 |
- | - | - | - | - | - | 0 | - | - | - | |
44 |
600 | 2,209 | 40,219 | 1,424 | 6,807 | 5,652 | 972 | 14,188 | 800 | 2,173 | |
440/4 |
600 | 2,209 | 40,219 | 1,424 | 6,807 | 5,652 | 972 | 14,188 | 800 | 2,173 | |
441 |
- | - | - | - | - | - | 0 | - | - | - | |
46 |
- | - | - | - | - | - | 0 | - | - | - | |
45 |
38,922 | 41,076 | 46,899 | 101,841 | 13,879 | 10,899 | 10,188 | 9,599 | 5,233 | 9,693 | |
450/3 |
38,922 | 41,076 | 46,899 | 101,841 | 13,879 | 10,899 | 10,188 | 9,599 | 5,233 | 9,693 | |
454/9 |
- | - | - | - | - | - | 0 | - | - | - | |
47/48 |
- | - | - | 23,367 | - | - | 0 | 31,837 | 48,052 | 8,453 | |
492/3 |
1,339 | - | - | - | - | - | 50,402 | - | - | - | |
| Income statement | |||||||||||
76A |
- | - | - | - | - | - | 0 | - | - | - | |
9900 |
158,625 | 108,675 | 147,677 | 264,125 | 30,159 | 31,490 | 17,358 | 10,197 | 12,898 | 8,957 | |
62 |
- | - | - | - | - | - | 0 | - | - | - | |
630 |
14,589 | 15,523 | 11,300 | 18,646 | 13,283 | 14,197 | 4,216 | 3,852 | 5,283 | 4,794 | |
631/4 |
- | - | - | - | - | - | 0 | - | - | - | |
635/8 |
- | - | - | - | - | - | 0 | - | - | - | |
640/8 |
395 | 1,187 | 33,669 | 740 | 2,090 | 1,258 | 774 | 1,408 | 795 | 342 | |
649 |
- | - | - | - | - | - | 0 | - | - | - | |
66A |
- | - | - | - | - | - | 0 | - | 1,941 | - | |
9901 |
143,641 | 91,966 | 102,708 | 244,739 | 14,786 | 16,034 | 12,367 | 4,937 | 4,878 | 3,821 | |
75/76B |
272 | 136 | - | - | 0 | 0 | 28 | - | 0 | 0 | |
75 |
272 | 136 | - | - | 0 | 0 | 28 | - | 0 | 0 | |
76B |
- | - | - | - | - | - | 0 | - | - | - | |
65/66B |
29,035 | 6,201 | 426 | 940 | 770 | 870 | 946 | 411 | 565 | 293 | |
65 |
29,035 | 6,201 | 426 | 940 | 770 | 870 | 946 | 390 | 565 | 293 | |
66B |
- | - | - | - | - | - | 0 | 21 | - | - | |
9903 |
114,878 | 85,901 | 102,282 | 243,798 | 14,016 | 15,165 | 11,450 | 4,526 | 4,313 | 3,528 | |
67/77 |
31,283 | 24,301 | 28,769 | 66,523 | 3,626 | 5,013 | 3,532 | 4,256 | 2,969 | 4,147 | |
9904 |
83,595 | 61,599 | 73,512 | 177,275 | 10,389 | 10,152 | 7,918 | 270 | 1,344 | -619 | |
789 |
- | - | - | - | - | - | 0 | - | - | - | |
689 |
- | - | - | - | - | - | 0 | - | - | - | |
9905 |
83,595 | 61,599 | 73,512 | 177,275 | 10,389 | 10,152 | 7,918 | 270 | 1,344 | -619 | |
| Appropriation of the result | |||||||||||
9906 |
292,859 | 273,799 | 228,382 | 204,869 | 27,594 | 17,205 | 8,643 | 995 | 725 | -619 | |
14P |
209,264 | 212,200 | 154,869 | 27,594 | - | - | - | - | - | - | |
791/2 |
- | - | - | - | - | - | 0 | - | - | - | |
691/2 |
- | - | - | - | - | - | 1,590 | 270 | - | - | |
691 |
- | - | - | - | - | - | 0 | - | - | - | |
6920 |
- | - | - | - | - | - | 1,590 | 270 | - | - | |
6921 |
- | - | - | - | - | - | 0 | - | - | - | |
694/7 |
66,851 | 64,535 | 16,182 | 50,000 | - | - | 0 | - | - | - | |
694 |
66,851 | 64,535 | 16,182 | 50,000 | - | - | 0 | - | - | - | |
695 |
- | - | - | - | - | - | 0 | - | - | - | |
696 |
- | - | - | - | - | - | 0 | - | - | - | |
| Document | |||||||||||
The notes to these accounts have 5 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the filed accounts (PDF).
Source: Annual accounts 2025 (PDF), filed on 02-02-2026.
Filings
each dot is a set of accounts, on the day it reached the National Bank2025 annual accounts filed 2 days after the deadline. Filed on 2 February 2026, deadline 31 January 2026 (7 months after the close on 30 June 2025, Companies Code art. 3:10). Source: NBB, 2026-00026186.
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 30-06-2025 | micro format | 02-02-2026 | 2026-00026186 | |
| 30-06-2024 | micro format | 31-01-2025 | 2025-00023586 | |
| 30-06-2023 | micro format | 29-01-2024 | 2024-00009712 | |
| 30-06-2022 | micro format | 31-01-2023 | 2023-00012066 | |
| 31-12-2020 | micro format | 20-08-2021 | 2021-51400168 | |
| 31-12-2019 | micro format | 27-08-2020 | 2020-45500267 | |
| 31-12-2018 | micro format | 22-08-2019 | 2019-49400251 | |
| 31-12-2017 | micro format | 31-08-2018 | 2018-57100335 | |
| 31-12-2016 | full format | 26-09-2017 | 2017-62500170 | |
| 31-12-2015 | full format | 31-08-2016 | 2016-55000489 |
Key figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2025 | 2024 | 2023 | 202218 months | 2020 | 2019 | 2018 | 2017 | 2016 | 201515 months |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 158,230 | 107,489 | 114,008 | 263,385 | 28,069 | 30,231 | 16,584 | 8,789 | 10,161 | 8,615 | ||
| 98,184 | 77,122 | 84,812 | 195,921 | 23,673 | 24,349 | 12,134 | 4,122 | 6,627 | 4,175 | ||
| 0 | 3,840 | 298,338 | 10,116 | 1,287 | 53,231 | 3,122 | 6,500 | 6,208 | 12,627 | ||
| 6,294 | -32,426 | -33,801 | 166,868 | -7,658 | 8,340 | -11,798 | -3,572 | 19,676 | - | ||
| 161,444 | 137,663 | 140,489 | 160,868 | 38,253 | 24,507 | 70,001 | 10,587 | 12,966 | 12,426 | ||
| 51.1% | 47.9% | 42.9% | 54.3% | 46.9% | 39.0% | 30.9% | 26.1% | 25.5% | 40.5% | ||
| 4.33 | 3.51 | 2.37 | 2.19 | 2.30 | 1.98 | 7.27 | 1.19 | 1.23 | 1.51 | ||
| 0.96 | 1.09 | 1.33 | 0.84 | 1.13 | 1.56 | 2.24 | 2.84 | 2.92 | 1.47 | ||
| 33.9% | 26.8% | 31.6% | 101.1% | 21.6% | 27.0% | 28.8% | 1.4% | 7.0% | -3.4% | ||
| 17.3% | 12.8% | 13.6% | 54.9% | 10.1% | 10.5% | 8.9% | 0.4% | 1.8% | -1.4% | ||
| 5.45 | 17.33 | over 100 | over 100 | - | - | - | - | - | - |
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
Investments
fixed assets acquired| Item | 30-06-2025 | 30-06-2024 | 30-06-2023 | 30-06-2022 |
|---|---|---|---|---|
| Tangible fixed assets | - | €3,840 | €293,338 | €10,116 |
| Financial fixed assets | - | - | €5,000 | - |
| €14,589 | €15,523 | €11,300 | €18,646 |
Source: notes to the 2022 to 2025 annual accounts (statement of fixed assets)
Insights on CATALYST
The operating result for 2025 is 56% higher than in 2024 and the highest since 2022. It is a recovery after the fall in 2024.
Debt's share of the balance-sheet total falls from 52.1% to 48.9%. Equity is higher and debt is lower.
- 2023 Net result -59% on 2022. The previous financial year ran 18 months, this one 12.