CATALPA: 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.
CATALPA
Largest movements
- Tangible fixed assets -€18,076
down €18,076 (-3.5%), from €522,591 to €504,515
of which Furniture and vehicles: -€15,808
- Debts after one year -€49,235
down €49,235 (-33.9%), from €145,264 to €96,029
- Reserves +€28,411
up €28,411 (+18.0%), from €158,216 to €186,628
of which Distributable reserves: +€34,611
- Trade debts -€8,775
down €8,775 (-77.7%), from €11,292 to €2,518
- Other debts +€8,458
up €8,458 (+10.5%), from €80,325 to €88,783
- Accrued charges and deferred income +€8,035
new in 2025: €8,035
- Gross operating margin -€34,387
down €34,387 (-21.8%), from €157,636 to €123,249
- Taxes -€10,113
down €10,113 (-46.3%), from €21,822 to €11,708
- Other operating charges -€2,351
down €2,351 (-20.8%), from €11,284 to €8,933
- Financial charges -€1,988
down €1,988 (-13.3%), from €14,987 to €12,999
- Staff costs +€1,632
up €1,632 (+4.6%), from €35,112 to €36,744
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 | €537,261 | €526,188 | -€11,073 | -2.1% |
| Fixed assets | 21/28 | €522,591 | €504,515 | -€18,076 | -3.5% |
| Tangible fixed assets | 22/27 | €522,591 | €504,515 | -€18,076 | -3.5% |
| Land and buildings | 22 | €475,105 | €472,837 | -€2,268 | -0.5% |
| Furniture and vehicles | 24 | €47,486 | €31,678 | -€15,808 | -33.3% |
| Current assets | 29/58 | €14,669 | €21,673 | +€7,004 | +47.7% |
| Amounts receivable within one year | 40/41 | €11,521 | €15,262 | +€3,741 | +32.5% |
| Trade receivables | 40 | €6,244 | €6,970 | +€726 | +11.6% |
| Other amounts receivable | 41 | €5,276 | €8,292 | +€3,016 | +57.2% |
| Cash at bank and in hand | 54/58 | €911 | €4,136 | +€3,225 | +354% |
| Deferred charges and accrued income | 490/1 | €2,238 | €2,275 | +€37 | +1.7% |
| Total equity and liabilities | 10/49 | €537,261 | €526,188 | -€11,073 | -2.1% |
| Equity | 10/15 | €234,594 | €263,005 | +€28,411 | +12.1% |
| Contributions | 10/11 | €76,378 | €76,378 | = | 0.0% |
| Capital | 10 | €62,000 | - | -€62,000 | |
| Issued capital | 100 | €62,000 | - | -€62,000 | |
| Contributions outside capital | 11 | €14,378 | - | -€14,378 | |
| Share premium | 1100/10 | €14,378 | - | -€14,378 | |
| Reserves | 13 | €158,216 | €186,628 | +€28,411 | +18.0% |
| Non-distributable reserves | 130/1 | €6,200 | €0 | -€6,200 | -100% |
| Legal reserve | 130 | €6,200 | - | -€6,200 | |
| Reserves not available under the articles | 1311 | - | €0 | = | |
| Distributable reserves | 133 | €152,016 | €186,628 | +€34,611 | +22.8% |
| Amounts payable | 17/49 | €302,667 | €263,183 | -€39,484 | -13.0% |
| Amounts payable after more than one year | 17 | €145,264 | €96,029 | -€49,235 | -33.9% |
| Financial debts | 170/4 | €145,264 | €96,029 | -€49,235 | -33.9% |
| Amounts payable within one year | 42/48 | €157,403 | €159,119 | +€1,716 | +1.1% |
| Current portion of amounts payable after more than one year | 42 | €48,132 | €49,235 | +€1,103 | +2.3% |
| Trade debts | 44 | €11,292 | €2,518 | -€8,775 | -77.7% |
| Suppliers | 440/4 | €11,292 | €2,518 | -€8,775 | -77.7% |
| Taxes, remuneration and social security | 45 | €17,653 | €18,583 | +€930 | +5.3% |
| Taxes | 450/3 | €12,031 | €11,856 | -€175 | -1.5% |
| Remuneration and social security | 454/9 | €5,622 | €6,727 | +€1,105 | +19.6% |
| Other amounts payable | 47/48 | €80,325 | €88,783 | +€8,458 | +10.5% |
| Accrued charges and deferred income | 492/3 | - | €8,035 | +€8,035 | |
| Non-recurring operating income | 76A | €0 | - | = | |
| Remuneration, social security and pensions | 62 | €35,112 | €36,744 | +€1,632 | +4.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €24,351 | €24,453 | +€102 | +0.4% |
| Other operating charges | 640/8 | €11,284 | €8,933 | -€2,351 | -20.8% |
| Gross operating margin | 9900 | €157,636 | €123,249 | -€34,387 | -21.8% |
| Operating profit (loss) | 9901 | €86,888 | €53,118 | -€33,769 | -38.9% |
| Financial income | 75/76B | €0 | €0 | = | 0.0% |
| Recurring financial income | 75 | €0 | €0 | = | 0.0% |
| Financial charges | 65/66B | €14,987 | €12,999 | -€1,988 | -13.3% |
| Recurring financial charges | 65 | €14,987 | €12,999 | -€1,988 | -13.3% |
| Profit (loss) for the period before taxes | 9903 | €71,901 | €40,119 | -€31,781 | -44.2% |
| Income taxes | 67/77 | €21,822 | €11,708 | -€10,113 | -46.3% |
| Profit (loss) for the period | 9904 | €50,079 | €28,411 | -€21,668 | -43.3% |
| Profit (loss) for the period to be appropriated | 9905 | €50,079 | €28,411 | -€21,668 | -43.3% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 14 October 2026 via checked.be.