CATALIST: 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.
CATALIST
Largest movements
- Cash -€29,855
down €29,855 (-19.6%), from €152,291 to €122,436
mainly Contributions, distributions and other (-€142,209) and Receivables within one year (-€27,583)
- Receivables within one year +€27,583
up €27,583 (+109.3%), from €25,231 to €52,813
of which Trade receivables: +€28,864
- Tangible fixed assets +€2,517
up €2,517 (+228.1%), from €1,104 to €3,621
of which Furniture and vehicles: +€3,598
- Profit (loss) carried forward -€100,114
down €100,114 (-70.4%), from €142,209 to €42,095
- Other debts +€99,544
up €99,544 (+3158.3%), from €3,152 to €102,696
- Turnover -€129,712
no longer reported in 2025 (was €129,712)
- Purchases and services -€98,556
no longer reported in 2025 (was €98,556)
- Gross operating margin +€27,374
up €27,374 (+87.9%), from €31,155 to €58,530
- Taxes +€7,257
up €7,257 (+141.3%), from €5,136 to €12,393
- Depreciation -€1,360
down €1,360 (-43.4%), from €3,137 to €1,777
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 | €179,698 | €179,943 | +€244 | +0.1% |
| Fixed assets | 21/28 | €2,177 | €4,694 | +€2,517 | +115.6% |
| Tangible fixed assets | 22/27 | €1,104 | €3,621 | +€2,517 | +228.1% |
| Plant, machinery and equipment | 23 | €1,081 | - | -€1,081 | |
| Furniture and vehicles | 24 | €23 | €3,621 | +€3,598 | +15481.2% |
| Financial fixed assets | 28 | €1,073 | €1,073 | = | 0.0% |
| Current assets | 29/58 | €177,522 | €175,249 | -€2,273 | -1.3% |
| Amounts receivable within one year | 40/41 | €25,231 | €52,813 | +€27,583 | +109.3% |
| Trade receivables | 40 | €13,478 | €42,342 | +€28,864 | +214.2% |
| Other amounts receivable | 41 | €11,753 | €10,471 | -€1,282 | -10.9% |
| Cash at bank and in hand | 54/58 | €152,291 | €122,436 | -€29,855 | -19.6% |
| Total equity and liabilities | 10/49 | €179,698 | €179,943 | +€244 | +0.1% |
| Equity | 10/15 | €162,669 | €62,555 | -€100,114 | -61.5% |
| Contributions | 10/11 | €20,460 | €20,460 | = | 0.0% |
| Profit (loss) carried forward | 14 | €142,209 | €42,095 | -€100,114 | -70.4% |
| Amounts payable | 17/49 | €17,029 | €117,388 | +€100,359 | +589.3% |
| Amounts payable within one year | 42/48 | €17,029 | €117,388 | +€100,359 | +589.3% |
| Trade debts | 44 | €731 | €950 | +€219 | +29.9% |
| Suppliers | 440/4 | €731 | €950 | +€219 | +29.9% |
| Taxes, remuneration and social security | 45 | €13,146 | €13,742 | +€595 | +4.5% |
| Taxes | 450/3 | €13,146 | €13,742 | +€595 | +4.5% |
| Other amounts payable | 47/48 | €3,152 | €102,696 | +€99,544 | +3158.3% |
| Turnover | 70 | €129,712 | - | -€129,712 | |
| Goods, raw materials, services and sundry goods | 60/61 | €98,556 | - | -€98,556 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,137 | €1,777 | -€1,360 | -43.4% |
| Other operating charges | 640/8 | €2,033 | €2,149 | +€116 | +5.7% |
| Gross operating margin | 9900 | €31,155 | €58,530 | +€27,374 | +87.9% |
| Operating profit (loss) | 9901 | €25,986 | €54,604 | +€28,619 | +110.1% |
| Financial charges | 65/66B | €416 | €116 | -€299 | -72.0% |
| Recurring financial charges | 65 | €416 | €116 | -€299 | -72.0% |
| Profit (loss) for the period before taxes | 9903 | €25,570 | €54,488 | +€28,918 | +113.1% |
| Income taxes | 67/77 | €5,136 | €12,393 | +€7,257 | +141.3% |
| Profit (loss) for the period | 9904 | €20,434 | €42,095 | +€21,661 | +106.0% |
| Profit (loss) for the period to be appropriated | 9905 | €20,434 | €42,095 | +€21,661 | +106.0% |
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 4 October 2026 via checked.be.