CATERSERV: 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.
CATERSERV
Largest movements
- Tangible fixed assets +€925,404
up €925,404 (+621%), from €148,932 to €1.1m
of which Land and buildings: +€955,070
- Current investments -€125,000
down €125,000 (-100.0%), from €125,001 to €1
- Cash +€14,959
up €14,959 (+7.8%), from €192,115 to €207,074
mainly Debts after one year (+€733,932) and Depreciation (+€159,865)
- Debts after one year +€733,932
up €733,932 (+1,081%), from €67,900 to €801,833
- Other debts +€50,701
up €50,701 (+106%), from €47,788 to €98,489
- Current portion of long-term debt +€47,125
up €47,125 (+224%), from €21,002 to €68,127
- Depreciation +€140,218
up €140,218 (+714%), from €19,647 to €159,865
- Taxes -€32,323
down €32,323 (-97.3%), from €33,228 to €905
- Gross operating margin +€32,174
up €32,174 (+7.8%), from €409,906 to €442,080
- Financial charges +€8,832
up €8,832 (+237%), from €3,731 to €12,564
- Staff costs +€6,628
up €6,628 (+2.5%), from €269,308 to €275,936
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 | €508,864 | €1,321,043 | +€812,179 | +160% |
| Fixed assets | 21/28 | €149,056 | €1,074,337 | +€925,280 | +621% |
| Tangible fixed assets | 22/27 | €148,932 | €1,074,337 | +€925,404 | +621% |
| Land and buildings | 22 | - | €955,070 | +€955,070 | |
| Plant, machinery and equipment | 23 | €722 | €225 | -€498 | -68.9% |
| Furniture and vehicles | 24 | €96,438 | €70,084 | -€26,354 | -27.3% |
| Other tangible fixed assets | 26 | €51,773 | €45,608 | -€6,164 | -11.9% |
| Assets under construction and advance payments | 27 | - | €3,349 | +€3,349 | |
| Financial fixed assets | 28 | €124 | €0 | -€124 | -100% |
| Current assets | 29/58 | €359,808 | €246,706 | -€113,101 | -31.4% |
| Stocks and contracts in progress | 3 | €29,720 | €32,030 | +€2,310 | +7.8% |
| Stocks | 30/36 | €29,720 | €32,030 | +€2,310 | +7.8% |
| Amounts receivable within one year | 40/41 | €12,972 | €6,116 | -€6,856 | -52.9% |
| Trade receivables | 40 | €5,056 | €5,367 | +€311 | +6.2% |
| Other amounts receivable | 41 | €7,916 | €749 | -€7,167 | -90.5% |
| Current investments | 50/53 | €125,001 | €1 | -€125,000 | -100.0% |
| Cash at bank and in hand | 54/58 | €192,115 | €207,074 | +€14,959 | +7.8% |
| Deferred charges and accrued income | 490/1 | - | €1,485 | +€1,485 | |
| Total equity and liabilities | 10/49 | €508,864 | €1,321,043 | +€812,179 | +160% |
| Equity | 10/15 | €279,518 | €273,130 | -€6,388 | -2.3% |
| Contributions | 10/11 | €18,716 | €18,716 | = | 0.0% |
| Reserves | 13 | €260,802 | €254,414 | -€6,388 | -2.4% |
| Distributable reserves | 133 | €260,802 | €254,414 | -€6,388 | -2.4% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €229,347 | €1,047,913 | +€818,567 | +357% |
| Amounts payable after more than one year | 17 | €67,900 | €801,833 | +€733,932 | +1,081% |
| Financial debts | 170/4 | €67,900 | €801,833 | +€733,932 | +1,081% |
| Amounts payable within one year | 42/48 | €157,131 | €246,081 | +€88,950 | +56.6% |
| Current portion of amounts payable after more than one year | 42 | €21,002 | €68,127 | +€47,125 | +224% |
| Trade debts | 44 | €46,681 | €36,833 | -€9,848 | -21.1% |
| Suppliers | 440/4 | €46,681 | €36,833 | -€9,848 | -21.1% |
| Taxes, remuneration and social security | 45 | €41,659 | €42,631 | +€972 | +2.3% |
| Taxes | 450/3 | €21,614 | €26,372 | +€4,758 | +22.0% |
| Remuneration and social security | 454/9 | €20,045 | €16,259 | -€3,786 | -18.9% |
| Other amounts payable | 47/48 | €47,788 | €98,489 | +€50,701 | +106% |
| Accrued charges and deferred income | 492/3 | €4,316 | €0 | -€4,316 | -100% |
| Non-recurring operating income | 76A | €1,575 | €230 | -€1,346 | -85.4% |
| Remuneration, social security and pensions | 62 | €269,308 | €275,936 | +€6,628 | +2.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €19,647 | €159,865 | +€140,218 | +714% |
| Other operating charges | 640/8 | €3,059 | €4,836 | +€1,778 | +58.1% |
| Gross operating margin | 9900 | €409,906 | €442,080 | +€32,174 | +7.8% |
| Operating profit (loss) | 9901 | €117,893 | €1,443 | -€116,450 | -98.8% |
| Financial income | 75/76B | €527 | €5,638 | +€5,111 | +970% |
| Recurring financial income | 75 | €527 | €5,638 | +€5,111 | +970% |
| Financial charges | 65/66B | €3,731 | €12,564 | +€8,832 | +237% |
| Recurring financial charges | 65 | €3,731 | €12,564 | +€8,832 | +237% |
| Profit (loss) for the period before taxes | 9903 | €114,688 | -€5,483 | -€120,171 | |
| Income taxes | 67/77 | €33,228 | €905 | -€32,323 | -97.3% |
| Profit (loss) for the period | 9904 | €81,461 | -€6,388 | -€87,848 | |
| Profit (loss) for the period to be appropriated | 9905 | €81,461 | -€6,388 | -€87,848 |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 14 October 2026 via checked.be.