CATAX: 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.
CATAX
Largest movements
- Tangible fixed assets -€14,267
down €14,267 (-16.9%), from €84,405 to €70,137
of which Other tangible fixed assets: -€9,771
- Receivables within one year +€5,130
up €5,130 (+143.4%), from €3,578 to €8,708
of which Trade receivables: +€5,174
- Cash -€4,993
down €4,993 (-77.8%), from €6,418 to €1,424
mainly Other debts (-€13,709) and Receivables within one year (-€5,130)
- Other debts -€13,709
down €13,709 (-13.5%), from €101,629 to €87,920
- Tax, wage and social debts +€5,822
up €5,822 (+35.9%), from €16,237 to €22,059
of which Taxes: +€9,122
- Debts after one year -€3,701
down €3,701 (-7.6%), from €48,465 to €44,764
- Trade debts -€2,069
down €2,069 (-20.7%), from €9,975 to €7,906
- Gross operating margin +€15,851
up €15,851 (+313.5%), from €5,055 to €20,907
- Financial charges +€961
up €961 (+25.2%), from €3,809 to €4,770
- Other operating charges +€575
up €575 (+99.9%), from €576 to €1,151
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 | €102,154 | €87,973 | -€14,181 | -13.9% |
| Fixed assets | 21/28 | €84,489 | €70,898 | -€13,591 | -16.1% |
| Tangible fixed assets | 22/27 | €84,405 | €70,137 | -€14,267 | -16.9% |
| Plant, machinery and equipment | 23 | €8,800 | €5,030 | -€3,770 | -42.8% |
| Furniture and vehicles | 24 | €2,052 | €1,326 | -€726 | -35.4% |
| Other tangible fixed assets | 26 | €73,552 | €63,781 | -€9,771 | -13.3% |
| Financial fixed assets | 28 | €85 | €761 | +€676 | +797.9% |
| Current assets | 29/58 | €17,664 | €17,075 | -€590 | -3.3% |
| Stocks and contracts in progress | 3 | €7,669 | €6,943 | -€726 | -9.5% |
| Stocks | 30/36 | €7,669 | €6,943 | -€726 | -9.5% |
| Amounts receivable within one year | 40/41 | €3,578 | €8,708 | +€5,130 | +143.4% |
| Trade receivables | 40 | €3,522 | €8,696 | +€5,174 | +146.9% |
| Other amounts receivable | 41 | €56 | €12 | -€44 | -78.9% |
| Cash at bank and in hand | 54/58 | €6,418 | €1,424 | -€4,993 | -77.8% |
| Total equity and liabilities | 10/49 | €102,154 | €87,973 | -€14,181 | -13.9% |
| Equity | 10/15 | -€77,886 | -€78,377 | -€491 | -0.6% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€97,886 | -€98,377 | -€491 | -0.5% |
| Amounts payable | 17/49 | €180,040 | €166,350 | -€13,689 | -7.6% |
| Amounts payable after more than one year | 17 | €48,465 | €44,764 | -€3,701 | -7.6% |
| Financial debts | 170/4 | €48,465 | €44,764 | -€3,701 | -7.6% |
| Amounts payable within one year | 42/48 | €131,470 | €121,587 | -€9,883 | -7.5% |
| Current portion of amounts payable after more than one year | 42 | €3,629 | €3,701 | +€72 | +2.0% |
| Trade debts | 44 | €9,975 | €7,906 | -€2,069 | -20.7% |
| Suppliers | 440/4 | €9,975 | €7,906 | -€2,069 | -20.7% |
| Taxes, remuneration and social security | 45 | €16,237 | €22,059 | +€5,822 | +35.9% |
| Taxes | 450/3 | €12,637 | €21,759 | +€9,122 | +72.2% |
| Remuneration and social security | 454/9 | €3,600 | €300 | -€3,300 | -91.7% |
| Other amounts payable | 47/48 | €101,629 | €87,920 | -€13,709 | -13.5% |
| Accrued charges and deferred income | 492/3 | €105 | - | -€105 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,255 | €14,267 | +€13 | +0.1% |
| Other operating charges | 640/8 | €576 | €1,151 | +€575 | +99.9% |
| Non-recurring operating charges | 66A | €490 | €1,210 | +€720 | +146.8% |
| Gross operating margin | 9900 | €5,055 | €20,907 | +€15,851 | +313.5% |
| Operating profit (loss) | 9901 | -€10,265 | €4,279 | +€14,544 | |
| Financial income | 75/76B | €3 | €0 | -€3 | -96.2% |
| Recurring financial income | 75 | €3 | €0 | -€3 | -96.2% |
| Financial charges | 65/66B | €3,809 | €4,770 | +€961 | +25.2% |
| Recurring financial charges | 65 | €3,809 | €4,770 | +€961 | +25.2% |
| Profit (loss) for the period before taxes | 9903 | -€14,071 | -€491 | +€13,580 | +96.5% |
| Profit (loss) for the period | 9904 | -€14,071 | -€491 | +€13,580 | +96.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€14,071 | -€491 | +€13,580 | +96.5% |
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 3 October 2026 via checked.be.