CAATGMC: 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.
CAATGMC
Largest movements
- Tangible fixed assets +€44,216
up €44,216 (+1,457%), from €3,036 to €47,252
- Cash -€36,064
down €36,064 (-34.2%), from €105,529 to €69,466
mainly Other debts (-€70,989) and Investment in fixed assets (net) (-€47,823)
- Intangible fixed assets -€16,000
down €16,000 (-11.8%), from €135,540 to €119,540
- Deferred charges and accrued income +€4,439
up €4,439 (+1,661%), from €267 to €4,706
- Other debts -€70,989
down €70,989 (-60.9%), from €116,609 to €45,620
- Profit (loss) carried forward +€69,952
up €69,952 (+54.3%), from €128,708 to €198,660
- Tax, wage and social debts -€18,804
no longer reported in 2025 (was €18,804)
- Debts after one year +€15,781
new in 2025: €15,781
- Trade debts -€3,768
down €3,768 (-81.7%), from €4,611 to €843
- Gross operating margin +€20,372
up €20,372 (+23.6%), from €86,363 to €106,735
- Taxes +€3,096
up €3,096 (+21.9%), from €14,141 to €17,237
- Depreciation +€2,675
up €2,675 (+15.8%), from €16,932 to €19,607
- Financial income +€1,604
up €1,604 (+9,060%), from €18 to €1,622
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 | €271,732 | €267,657 | -€4,075 | -1.5% |
| Fixed assets | 21/28 | €163,684 | €191,900 | +€28,216 | +17.2% |
| Intangible fixed assets | 21 | €135,540 | €119,540 | -€16,000 | -11.8% |
| Tangible fixed assets | 22/27 | €3,036 | €47,252 | +€44,216 | +1,457% |
| Plant, machinery and equipment | 23 | €2,371 | €3,859 | +€1,488 | +62.8% |
| Furniture and vehicles | 24 | €665 | €1,152 | +€486 | +73.1% |
| Leasing and similar rights | 25 | - | €20,206 | +€20,206 | |
| Other tangible fixed assets | 26 | - | €22,035 | +€22,035 | |
| Financial fixed assets | 28 | €25,109 | €25,109 | = | 0.0% |
| Current assets | 29/58 | €108,048 | €75,756 | -€32,291 | -29.9% |
| Amounts receivable within one year | 40/41 | €2,251 | €1,584 | -€667 | -29.6% |
| Trade receivables | 40 | €392 | €34 | -€358 | -91.3% |
| Other amounts receivable | 41 | €1,859 | €1,550 | -€309 | -16.6% |
| Cash at bank and in hand | 54/58 | €105,529 | €69,466 | -€36,064 | -34.2% |
| Deferred charges and accrued income | 490/1 | €267 | €4,706 | +€4,439 | +1,661% |
| Total equity and liabilities | 10/49 | €271,732 | €267,657 | -€4,075 | -1.5% |
| Equity | 10/15 | €131,708 | €201,660 | +€69,952 | +53.1% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €128,708 | €198,660 | +€69,952 | +54.3% |
| Amounts payable | 17/49 | €140,024 | €65,996 | -€74,027 | -52.9% |
| Amounts payable after more than one year | 17 | - | €15,781 | +€15,781 | |
| Financial debts | 170/4 | - | €15,781 | +€15,781 | |
| Amounts payable within one year | 42/48 | €140,024 | €50,215 | -€89,808 | -64.1% |
| Current portion of amounts payable after more than one year | 42 | - | €3,752 | +€3,752 | |
| Trade debts | 44 | €4,611 | €843 | -€3,768 | -81.7% |
| Suppliers | 440/4 | €4,611 | €843 | -€3,768 | -81.7% |
| Taxes, remuneration and social security | 45 | €18,804 | - | -€18,804 | |
| Taxes | 450/3 | €18,804 | - | -€18,804 | |
| Other amounts payable | 47/48 | €116,609 | €45,620 | -€70,989 | -60.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,932 | €19,607 | +€2,675 | +15.8% |
| Other operating charges | 640/8 | €387 | €994 | +€607 | +157% |
| Gross operating margin | 9900 | €86,363 | €106,735 | +€20,372 | +23.6% |
| Operating profit (loss) | 9901 | €69,043 | €86,134 | +€17,090 | +24.8% |
| Financial income | 75/76B | €18 | €1,622 | +€1,604 | +9,060% |
| Recurring financial income | 75 | €18 | €1,622 | +€1,604 | +9,060% |
| Financial charges | 65/66B | €39 | €567 | +€528 | +1,343% |
| Recurring financial charges | 65 | €39 | €567 | +€528 | +1,343% |
| Profit (loss) for the period before taxes | 9903 | €69,022 | €87,189 | +€18,167 | +26.3% |
| Income taxes | 67/77 | €14,141 | €17,237 | +€3,096 | +21.9% |
| Profit (loss) for the period | 9904 | €54,881 | €69,952 | +€15,071 | +27.5% |
| Profit (loss) for the period to be appropriated | 9905 | €54,881 | €69,952 | +€15,071 | +27.5% |
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.