CAT1420: 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.
CAT1420
Largest movements
- Intangible fixed assets -€27,467
down €27,467 (-11.6%), from €235,895 to €208,429
- Tangible fixed assets -€24,136
down €24,136 (-10.5%), from €229,981 to €205,846
of which Furniture and vehicles: -€25,719
- Receivables within one year -€9,797
down €9,797 (-49.8%), from €19,660 to €9,863
of which Trade receivables: -€8,098
- Cash -€8,799
down €8,799 (-16.1%), from €54,658 to €45,859
mainly Debts after one year (-€66,997) and Net result for the year (-€23,591)
- Stocks and contracts +€7,424
up €7,424 (+10.4%), from €71,444 to €78,868
- Debts after one year -€66,997
down €66,997 (-19.7%), from €340,734 to €273,737
- Trade debts +€30,371
up €30,371 (+18.0%), from €168,330 to €198,701
- Profit (loss) carried forward -€23,591
down €23,591 (-27.7%), from -€85,165 to -€108,755
- Tax, wage and social debts -€6,272
down €6,272 (-17.7%), from €35,510 to €29,238
- Staff costs -€252,615
down €252,615 (-41.1%), from €615,298 to €362,683
- Gross operating margin -€230,764
down €230,764 (-35.4%), from €651,943 to €421,179
- Financial charges -€21,252
down €21,252 (-46.1%), from €46,056 to €24,805
- Depreciation -€17,296
down €17,296 (-23.3%), from €74,333 to €57,037
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 | €624,048 | €560,035 | -€64,013 | -10.3% |
| Fixed assets | 21/28 | €467,169 | €415,566 | -€51,602 | -11.0% |
| Intangible fixed assets | 21 | €235,895 | €208,429 | -€27,467 | -11.6% |
| Tangible fixed assets | 22/27 | €229,981 | €205,846 | -€24,136 | -10.5% |
| Furniture and vehicles | 24 | €229,981 | €204,263 | -€25,719 | -11.2% |
| Other tangible fixed assets | 26 | - | €1,583 | +€1,583 | |
| Financial fixed assets | 28 | €1,292 | €1,292 | = | 0.0% |
| Current assets | 29/58 | €156,879 | €144,469 | -€12,410 | -7.9% |
| Stocks and contracts in progress | 3 | €71,444 | €78,868 | +€7,424 | +10.4% |
| Stocks | 30/36 | €71,444 | €78,868 | +€7,424 | +10.4% |
| Amounts receivable within one year | 40/41 | €19,660 | €9,863 | -€9,797 | -49.8% |
| Trade receivables | 40 | €8,902 | €804 | -€8,098 | -91.0% |
| Other amounts receivable | 41 | €10,758 | €9,059 | -€1,699 | -15.8% |
| Cash at bank and in hand | 54/58 | €54,658 | €45,859 | -€8,799 | -16.1% |
| Deferred charges and accrued income | 490/1 | €11,118 | €9,879 | -€1,238 | -11.1% |
| Total equity and liabilities | 10/49 | €624,048 | €560,035 | -€64,013 | -10.3% |
| Equity | 10/15 | €14,835 | -€8,755 | -€23,591 | |
| Contributions | 10/11 | €100,000 | €100,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€85,165 | -€108,755 | -€23,591 | -27.7% |
| Amounts payable | 17/49 | €609,212 | €568,790 | -€40,422 | -6.6% |
| Amounts payable after more than one year | 17 | €340,734 | €273,737 | -€66,997 | -19.7% |
| Financial debts | 170/4 | €340,734 | €273,737 | -€66,997 | -19.7% |
| Amounts payable within one year | 42/48 | €268,478 | €294,935 | +€26,457 | +9.9% |
| Current portion of amounts payable after more than one year | 42 | €64,638 | €66,997 | +€2,359 | +3.6% |
| Trade debts | 44 | €168,330 | €198,701 | +€30,371 | +18.0% |
| Suppliers | 440/4 | €168,330 | €198,701 | +€30,371 | +18.0% |
| Taxes, remuneration and social security | 45 | €35,510 | €29,238 | -€6,272 | -17.7% |
| Remuneration and social security | 454/9 | €35,510 | €29,238 | -€6,272 | -17.7% |
| Accrued charges and deferred income | 492/3 | - | €118 | +€118 | |
| Remuneration, social security and pensions | 62 | €615,298 | €362,683 | -€252,615 | -41.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €74,333 | €57,037 | -€17,296 | -23.3% |
| Other operating charges | 640/8 | €1,644 | €271 | -€1,372 | -83.5% |
| Gross operating margin | 9900 | €651,943 | €421,179 | -€230,764 | -35.4% |
| Operating profit (loss) | 9901 | -€39,331 | €1,188 | +€40,519 | |
| Financial income | 75/76B | €223 | €26 | -€197 | -88.4% |
| Recurring financial income | 75 | €223 | €26 | -€197 | -88.4% |
| Financial charges | 65/66B | €46,056 | €24,805 | -€21,252 | -46.1% |
| Recurring financial charges | 65 | €46,056 | €24,805 | -€21,252 | -46.1% |
| Profit (loss) for the period before taxes | 9903 | -€85,165 | -€23,591 | +€61,574 | +72.3% |
| Profit (loss) for the period | 9904 | -€85,165 | -€23,591 | +€61,574 | +72.3% |
| Profit (loss) for the period to be appropriated | 9905 | -€85,165 | -€23,591 | +€61,574 | +72.3% |
Source: filed annual accounts (NBB), fiscal years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.