CAT ON WHEELS: 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.
CAT ON WHEELS
Largest movements
- Receivables within one year -€538,589
down €538,589 (-30.8%), from €1.7m to €1.2m
of which Other amounts receivable: -€303,258
- Trade debts -€422,446
down €422,446 (-90.7%), from €465,896 to €43,450
- Tax, wage and social debts -€96,132
no longer reported in 2025 (was €96,132)
- Profit (loss) carried forward -€34,443
down €34,443 (-9.0%), from €383,422 to €348,979
- Gross operating margin -€64,027
down €64,027, from €52,693 to -€11,333
- Depreciation -€14,960
down €14,960 (-46.3%), from €32,320 to €17,359
- Other operating charges -€4,454
down €4,454 (-64.6%), from €6,893 to €2,438
- Financial charges -€3,465
down €3,465 (-51.1%), from €6,777 to €3,312
- Taxes -€3,072
no longer reported in 2025 (was €3,072)
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 | €1,789,465 | €1,242,268 | -€547,197 | -30.6% |
| Fixed assets | 21/28 | €30,346 | €21,871 | -€8,476 | -27.9% |
| Tangible fixed assets | 22/27 | €30,346 | €21,871 | -€8,476 | -27.9% |
| Plant, machinery and equipment | 23 | €30,251 | €16,948 | -€13,303 | -44.0% |
| Furniture and vehicles | 24 | €95 | €2 | -€94 | -98.4% |
| Other tangible fixed assets | 26 | - | €4,921 | +€4,921 | |
| Current assets | 29/58 | €1,759,118 | €1,220,398 | -€538,721 | -30.6% |
| Amounts receivable within one year | 40/41 | €1,749,232 | €1,210,643 | -€538,589 | -30.8% |
| Trade receivables | 40 | €245,268 | €9,936 | -€235,331 | -95.9% |
| Other amounts receivable | 41 | €1,503,964 | €1,200,706 | -€303,258 | -20.2% |
| Cash at bank and in hand | 54/58 | €524 | €1,199 | +€676 | +129% |
| Deferred charges and accrued income | 490/1 | €9,363 | €8,555 | -€808 | -8.6% |
| Total equity and liabilities | 10/49 | €1,789,465 | €1,242,268 | -€547,197 | -30.6% |
| Equity | 10/15 | €391,482 | €357,039 | -€34,443 | -8.8% |
| Contributions | 10/11 | €8,060 | €8,060 | = | 0.0% |
| Profit (loss) carried forward | 14 | €383,422 | €348,979 | -€34,443 | -9.0% |
| Amounts payable | 17/49 | €1,397,983 | €885,229 | -€512,754 | -36.7% |
| Amounts payable within one year | 42/48 | €1,397,983 | €885,229 | -€512,754 | -36.7% |
| Financial debts | 43 | €2,161 | €2,010 | -€150 | -7.0% |
| Credit institutions | 430/8 | €2,161 | €2,010 | -€150 | -7.0% |
| Trade debts | 44 | €465,896 | €43,450 | -€422,446 | -90.7% |
| Suppliers | 440/4 | €465,896 | €43,450 | -€422,446 | -90.7% |
| Taxes, remuneration and social security | 45 | €96,132 | - | -€96,132 | |
| Taxes | 450/3 | €96,132 | - | -€96,132 | |
| Other amounts payable | 47/48 | €833,794 | €839,769 | +€5,975 | +0.7% |
| Non-recurring operating income | 76A | €24,385 | - | -€24,385 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €32,320 | €17,359 | -€14,960 | -46.3% |
| Other operating charges | 640/8 | €6,893 | €2,438 | -€4,454 | -64.6% |
| Gross operating margin | 9900 | €52,693 | -€11,333 | -€64,027 | |
| Operating profit (loss) | 9901 | €13,481 | -€31,131 | -€44,612 | |
| Financial income | 75/76B | €5 | - | -€5 | |
| Recurring financial income | 75 | €5 | - | -€5 | |
| Financial charges | 65/66B | €6,777 | €3,312 | -€3,465 | -51.1% |
| Recurring financial charges | 65 | €6,777 | €3,312 | -€3,465 | -51.1% |
| Profit (loss) for the period before taxes | 9903 | €6,710 | -€34,443 | -€41,152 | |
| Income taxes | 67/77 | €3,072 | - | -€3,072 | |
| Profit (loss) for the period | 9904 | €3,638 | -€34,443 | -€38,080 | |
| Profit (loss) for the period to be appropriated | 9905 | €3,638 | -€34,443 | -€38,080 |
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 15 October 2026 via checked.be.