Cat-One: 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.
Cat-One
Largest movements
- Intangible fixed assets -€4,932
down €4,932 (-82.0%), from €6,012 to €1,080
- Cash -€1,843
down €1,843 (-4.6%), from €40,512 to €38,668
mainly Net result for the year (-€8,737) and Other debts (-€144)
- Deferred charges and accrued income -€936
down €936 (-90.1%), from €1,039 to €102
- Receivables within one year -€897
down €897 (-32.6%), from €2,754 to €1,858
of which Other amounts receivable: -€1,257
- Profit (loss) carried forward -€8,737
down €8,737 (-44.1%), from €19,821 to €11,084
- Gross operating margin +€4,668
up €4,668 (+58.2%), from -€8,017 to -€3,349
- Depreciation -€92
down €92 (-1.8%), from €5,024 to €4,932
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 | €50,317 | €41,708 | -€8,609 | -17.1% |
| Fixed assets | 21/28 | €6,012 | €1,080 | -€4,932 | -82.0% |
| Intangible fixed assets | 21 | €6,012 | €1,080 | -€4,932 | -82.0% |
| Current assets | 29/58 | €44,305 | €40,628 | -€3,676 | -8.3% |
| Amounts receivable within one year | 40/41 | €2,754 | €1,858 | -€897 | -32.6% |
| Trade receivables | 40 | €1,129 | €1,490 | +€361 | +31.9% |
| Other amounts receivable | 41 | €1,625 | €368 | -€1,257 | -77.4% |
| Cash at bank and in hand | 54/58 | €40,512 | €38,668 | -€1,843 | -4.6% |
| Deferred charges and accrued income | 490/1 | €1,039 | €102 | -€936 | -90.1% |
| Total equity and liabilities | 10/49 | €50,317 | €41,708 | -€8,609 | -17.1% |
| Equity | 10/15 | €21,821 | €13,084 | -€8,737 | -40.0% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €19,821 | €11,084 | -€8,737 | -44.1% |
| Amounts payable | 17/49 | €28,496 | €28,625 | +€129 | +0.5% |
| Amounts payable within one year | 42/48 | €28,492 | €28,622 | +€130 | +0.5% |
| Trade debts | 44 | €1,418 | €1,692 | +€274 | +19.4% |
| Suppliers | 440/4 | €1,418 | €1,692 | +€274 | +19.4% |
| Other amounts payable | 47/48 | €27,074 | €26,930 | -€144 | -0.5% |
| Accrued charges and deferred income | 492/3 | €4 | €2 | -€2 | -44.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,024 | €4,932 | -€92 | -1.8% |
| Other operating charges | 640/8 | €387 | €400 | +€12 | +3.2% |
| Gross operating margin | 9900 | -€8,017 | -€3,349 | +€4,668 | +58.2% |
| Operating profit (loss) | 9901 | -€13,429 | -€8,681 | +€4,748 | +35.4% |
| Financial income | 75/76B | €71 | €138 | +€67 | +93.7% |
| Recurring financial income | 75 | €71 | €38 | -€33 | -46.4% |
| Non-recurring financial income | 76B | - | €100 | +€100 | |
| Financial charges | 65/66B | €148 | €194 | +€46 | +31.1% |
| Recurring financial charges | 65 | €148 | €194 | +€46 | +31.1% |
| Profit (loss) for the period before taxes | 9903 | -€13,506 | -€8,737 | +€4,768 | +35.3% |
| Profit (loss) for the period | 9904 | -€13,506 | -€8,737 | +€4,768 | +35.3% |
| Profit (loss) for the period to be appropriated | 9905 | -€13,506 | -€8,737 | +€4,768 | +35.3% |
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 5 October 2026 via checked.be.