21CATS: 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.
21CATS
Largest movements
- Receivables within one year -€36,457
down €36,457 (-81.9%), from €44,511 to €8,053
of which Trade receivables: -€36,736
- Cash +€5,194
up €5,194 (+4.6%), from €113,280 to €118,474
mainly Receivables within one year (+€36,457) and Investment in fixed assets (net) (+€3,512)
- Tangible fixed assets -€3,773
down €3,773 (-100.0%), from €3,773 to €0
of which Plant, machinery and equipment: -€3,773
- Tax, wage and social debts -€17,103
down €17,103 (-97.4%), from €17,559 to €456
- Trade debts -€8,636
down €8,636 (-62.0%), from €13,929 to €5,293
- Other debts -€6,347
down €6,347 (-49.5%), from €12,834 to €6,486
- Profit (loss) carried forward -€2,879
down €2,879 (-32.0%), from €9,000 to €6,121
- Gross operating margin -€21,984
down €21,984 (-94.8%), from €23,190 to €1,207
- Taxes -€4,652
down €4,652 (-99.7%), from €4,664 to €12
- Depreciation -€2,723
down €2,723 (-91.3%), from €2,983 to €260
- Financial charges -€1,564
down €1,564 (-76.8%), from €2,037 to €472
- Other operating charges +€907
up €907 (+1421.0%), from €64 to €970
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.
Cash bridge derived
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 | €161,563 | €126,528 | -€35,036 | -21.7% |
| Fixed assets | 21/28 | €3,773 | €0 | -€3,773 | -100.0% |
| Tangible fixed assets | 22/27 | €3,773 | €0 | -€3,773 | -100.0% |
| Plant, machinery and equipment | 23 | €3,773 | €0 | -€3,773 | -100.0% |
| Furniture and vehicles | 24 | €0 | - | = | |
| Current assets | 29/58 | €157,791 | €126,528 | -€31,263 | -19.8% |
| Amounts receivable within one year | 40/41 | €44,511 | €8,053 | -€36,457 | -81.9% |
| Trade receivables | 40 | €42,690 | €5,955 | -€36,736 | -86.1% |
| Other amounts receivable | 41 | €1,821 | €2,099 | +€278 | +15.3% |
| Cash at bank and in hand | 54/58 | €113,280 | €118,474 | +€5,194 | +4.6% |
| Deferred charges and accrued income | 490/1 | €0 | - | = | |
| Total equity and liabilities | 10/49 | €161,563 | €126,528 | -€35,036 | -21.7% |
| Equity | 10/15 | €117,172 | €114,292 | -€2,879 | -2.5% |
| Contributions | 10/11 | €4,000 | €4,000 | = | 0.0% |
| Reserves | 13 | €104,172 | €104,172 | = | 0.0% |
| Distributable reserves | 133 | €104,172 | €104,172 | = | 0.0% |
| Profit (loss) carried forward | 14 | €9,000 | €6,121 | -€2,879 | -32.0% |
| Amounts payable | 17/49 | €44,392 | €12,235 | -€32,156 | -72.4% |
| Amounts payable within one year | 42/48 | €44,321 | €12,235 | -€32,086 | -72.4% |
| Trade debts | 44 | €13,929 | €5,293 | -€8,636 | -62.0% |
| Suppliers | 440/4 | €13,929 | €5,293 | -€8,636 | -62.0% |
| Taxes, remuneration and social security | 45 | €17,559 | €456 | -€17,103 | -97.4% |
| Taxes | 450/3 | €17,559 | €456 | -€17,103 | -97.4% |
| Other amounts payable | 47/48 | €12,834 | €6,486 | -€6,347 | -49.5% |
| Accrued charges and deferred income | 492/3 | €70 | €0 | -€70 | -100.0% |
| Non-recurring operating income | 76A | - | €752 | +€752 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,983 | €260 | -€2,723 | -91.3% |
| Other operating charges | 640/8 | €64 | €970 | +€907 | +1421.0% |
| Non-recurring operating charges | 66A | - | €2,372 | +€2,372 | |
| Gross operating margin | 9900 | €23,190 | €1,207 | -€21,984 | -94.8% |
| Operating profit (loss) | 9901 | €20,143 | -€2,396 | -€22,539 | |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €2,037 | €472 | -€1,564 | -76.8% |
| Recurring financial charges | 65 | €2,037 | €472 | -€1,564 | -76.8% |
| Profit (loss) for the period before taxes | 9903 | €18,106 | -€2,867 | -€20,974 | |
| Income taxes | 67/77 | €4,664 | €12 | -€4,652 | -99.7% |
| Profit (loss) for the period | 9904 | €13,442 | -€2,879 | -€16,322 | |
| Profit (loss) for the period to be appropriated | 9905 | €13,442 | -€2,879 | -€16,322 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.