CATAPULT CONSULT: 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.
CATAPULT CONSULT
Largest movements
- Tangible fixed assets -€25,267
down €25,267 (-14.0%), from €180,463 to €155,196
of which Land and buildings: -€20,609
- Cash +€16,556
up €16,556 (+34.7%), from €47,704 to €64,260
mainly Depreciation (+€25,267) and Net result for the year (+€23,738)
- Receivables within one year +€5,675
up €5,675 (+41.8%), from €13,591 to €19,266
of which Trade receivables: +€4,998
- Debts after one year -€33,333
down €33,333 (-32.4%), from €102,778 to €69,444
- Reserves +€23,738
up €23,738 (+40.5%), from €58,639 to €82,377
- Trade debts +€3,997
up €3,997 (+68.6%), from €5,829 to €9,825
- Gross operating margin +€14,730
up €14,730 (+30.4%), from €48,421 to €63,150
- Taxes +€4,239
up €4,239 (+76.1%), from €5,573 to €9,812
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 | €244,942 | €241,688 | -€3,253 | -1.3% |
| Fixed assets | 21/28 | €180,463 | €155,196 | -€25,267 | -14.0% |
| Tangible fixed assets | 22/27 | €180,463 | €155,196 | -€25,267 | -14.0% |
| Land and buildings | 22 | €167,124 | €146,515 | -€20,609 | -12.3% |
| Furniture and vehicles | 24 | €13,339 | €8,681 | -€4,658 | -34.9% |
| Current assets | 29/58 | €64,479 | €86,493 | +€22,014 | +34.1% |
| Amounts receivable within one year | 40/41 | €13,591 | €19,266 | +€5,675 | +41.8% |
| Trade receivables | 40 | €9,000 | €13,998 | +€4,998 | +55.5% |
| Other amounts receivable | 41 | €4,591 | €5,269 | +€677 | +14.8% |
| Cash at bank and in hand | 54/58 | €47,704 | €64,260 | +€16,556 | +34.7% |
| Deferred charges and accrued income | 490/1 | €3,183 | €2,967 | -€216 | -6.8% |
| Total equity and liabilities | 10/49 | €244,942 | €241,688 | -€3,253 | -1.3% |
| Equity | 10/15 | €97,071 | €120,809 | +€23,738 | +24.5% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €58,639 | €82,377 | +€23,738 | +40.5% |
| Distributable reserves | 133 | €58,639 | €82,377 | +€23,738 | +40.5% |
| Profit (loss) carried forward | 14 | €19,832 | €19,832 | = | 0.0% |
| Amounts payable | 17/49 | €147,871 | €120,880 | -€26,992 | -18.3% |
| Amounts payable after more than one year | 17 | €102,778 | €69,444 | -€33,333 | -32.4% |
| Financial debts | 170/4 | €102,778 | €69,444 | -€33,333 | -32.4% |
| Amounts payable within one year | 42/48 | €45,094 | €51,435 | +€6,342 | +14.1% |
| Current portion of amounts payable after more than one year | 42 | €33,333 | €33,333 | = | 0.0% |
| Trade debts | 44 | €5,829 | €9,825 | +€3,997 | +68.6% |
| Suppliers | 440/4 | €5,829 | €9,825 | +€3,997 | +68.6% |
| Taxes, remuneration and social security | 45 | €5,932 | €8,277 | +€2,345 | +39.5% |
| Taxes | 450/3 | €5,932 | €8,277 | +€2,345 | +39.5% |
| Non-recurring operating income | 76A | - | €24 | +€24 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €25,754 | €25,267 | -€486 | -1.9% |
| Other operating charges | 640/8 | €1,777 | €1,932 | +€155 | +8.7% |
| Gross operating margin | 9900 | €48,421 | €63,150 | +€14,730 | +30.4% |
| Operating profit (loss) | 9901 | €20,890 | €35,951 | +€15,061 | +72.1% |
| Financial income | 75/76B | €204 | €240 | +€37 | +18.1% |
| Recurring financial income | 75 | €204 | €240 | +€37 | +18.1% |
| Financial charges | 65/66B | €2,843 | €2,641 | -€201 | -7.1% |
| Recurring financial charges | 65 | €2,843 | €2,641 | -€201 | -7.1% |
| Profit (loss) for the period before taxes | 9903 | €18,251 | €33,550 | +€15,299 | +83.8% |
| Income taxes | 67/77 | €5,573 | €9,812 | +€4,239 | +76.1% |
| Profit (loss) for the period | 9904 | €12,678 | €23,738 | +€11,060 | +87.2% |
| Profit (loss) for the period to be appropriated | 9905 | €12,678 | €23,738 | +€11,060 | +87.2% |
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.