B'N CAT's: what changed
Two financial 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.
B'N CAT's
Largest movements
- Tangible fixed assets +€240,678
up €240,678 (+240%), from €100,199 to €340,877
of which Land and buildings: +€247,976
- Cash -€12,901
down €12,901 (-51.1%), from €25,253 to €12,352
mainly Investment in fixed assets (net) (-€251,963) and Contributions, distributions and other (-€80,000)
- Deferred charges and accrued income -€11,051
no longer reported in 2025 (was €11,051)
- Receivables within one year -€10,168
down €10,168 (-14.9%), from €68,284 to €58,116
of which Trade receivables: -€15,248
- Debts after one year +€150,388
new in 2025: €150,388
- Other debts +€137,810
new in 2025: €137,810
- Profit (loss) carried forward -€91,916
down €91,916 (-60.8%), from €151,245 to €59,329
- Current portion of long-term debt +€8,263
new in 2025: €8,263
- Trade debts +€4,443
up €4,443 (+983%), from €452 to €4,895
- Gross operating margin -€84,647
down €84,647 (-89.8%), from €94,248 to €9,601
- Taxes -€12,321
down €12,321 (-72.9%), from €16,896 to €4,575
- Other operating charges -€4,998
down €4,998 (-51.5%), from €9,707 to €4,709
- Depreciation +€2,650
up €2,650 (+30.7%), from €8,635 to €11,285
- Financial charges +€950
new in 2025: €950
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.
Derived cash bridge
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 | €204,787 | €411,345 | +€206,558 | +101% |
| Fixed assets | 21/28 | €100,199 | €340,877 | +€240,678 | +240% |
| Tangible fixed assets | 22/27 | €100,199 | €340,877 | +€240,678 | +240% |
| Land and buildings | 22 | €47,192 | €295,168 | +€247,976 | +525% |
| Plant, machinery and equipment | 23 | €11,404 | €9,286 | -€2,118 | -18.6% |
| Furniture and vehicles | 24 | €7,874 | €5,434 | -€2,440 | -31.0% |
| Leasing and similar rights | 25 | €8,729 | €5,990 | -€2,740 | -31.4% |
| Other tangible fixed assets | 26 | €25,000 | €25,000 | = | 0.0% |
| Current assets | 29/58 | €104,588 | €70,468 | -€34,120 | -32.6% |
| Amounts receivable within one year | 40/41 | €68,284 | €58,116 | -€10,168 | -14.9% |
| Trade receivables | 40 | €67,402 | €52,153 | -€15,248 | -22.6% |
| Other amounts receivable | 41 | €883 | €5,963 | +€5,080 | +576% |
| Cash at bank and in hand | 54/58 | €25,253 | €12,352 | -€12,901 | -51.1% |
| Deferred charges and accrued income | 490/1 | €11,051 | - | -€11,051 | |
| Total equity and liabilities | 10/49 | €204,787 | €411,345 | +€206,558 | +101% |
| Equity | 10/15 | €190,245 | €98,329 | -€91,916 | -48.3% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €34,000 | €34,000 | = | 0.0% |
| Distributable reserves | 133 | €34,000 | €34,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €151,245 | €59,329 | -€91,916 | -60.8% |
| Amounts payable | 17/49 | €14,542 | €313,016 | +€298,474 | +2,052% |
| Amounts payable after more than one year | 17 | - | €150,388 | +€150,388 | |
| Financial debts | 170/4 | - | €150,388 | +€150,388 | |
| Amounts payable within one year | 42/48 | €14,542 | €162,628 | +€148,086 | +1,018% |
| Current portion of amounts payable after more than one year | 42 | - | €8,263 | +€8,263 | |
| Trade debts | 44 | €452 | €4,895 | +€4,443 | +983% |
| Suppliers | 440/4 | €452 | €4,895 | +€4,443 | +983% |
| Taxes, remuneration and social security | 45 | €14,090 | €11,660 | -€2,430 | -17.2% |
| Taxes | 450/3 | €14,090 | €11,660 | -€2,430 | -17.2% |
| Other amounts payable | 47/48 | - | €137,810 | +€137,810 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,635 | €11,285 | +€2,650 | +30.7% |
| Other operating charges | 640/8 | €9,707 | €4,709 | -€4,998 | -51.5% |
| Gross operating margin | 9900 | €94,248 | €9,601 | -€84,647 | -89.8% |
| Operating profit (loss) | 9901 | €75,906 | -€6,392 | -€82,299 | |
| Financial income | 75/76B | €52 | €1 | -€51 | -98.8% |
| Recurring financial income | 75 | €52 | €1 | -€51 | -98.8% |
| Financial charges | 65/66B | - | €950 | +€950 | |
| Recurring financial charges | 65 | - | €950 | +€950 | |
| Profit (loss) for the period before taxes | 9903 | €75,958 | -€7,341 | -€83,300 | |
| Income taxes | 67/77 | €16,896 | €4,575 | -€12,321 | -72.9% |
| Profit (loss) for the period | 9904 | €59,063 | -€11,916 | -€70,979 | |
| Profit (loss) for the period to be appropriated | 9905 | €59,063 | -€11,916 | -€70,979 |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 25 October 2026 via checked.be.