CATGRO: what changed
CATGRO
Largest movements
- Cash +€35,662
up €35,662 (+27.2%), from €130,869 to €166,531
mainly Depreciation (+€98,736) and Debts after one year (+€21,311)
- Tangible fixed assets +€15,125
up €15,125 (+5.3%), from €283,400 to €298,525
of which Plant, machinery and equipment: +€56,346
- Receivables within one year -€6,333
down €6,333 (-14.4%), from €43,981 to €37,648
of which Trade receivables: -€9,298
- Debts after one year +€21,311
up €21,311 (+12.7%), from €167,597 to €188,908
- Profit (loss) carried forward +€11,096
up €11,096 (+8.0%), from €138,119 to €149,215
- Current portion of long-term debt +€10,343
up €10,343 (+18.0%), from €57,568 to €67,911
- Other debts -€6,036
down €6,036 (-10.4%), from €57,878 to €51,842
- Trade debts +€5,745
up €5,745 (+24.1%), from €23,855 to €29,600
- Staff costs -€53,893
down €53,893 (-90.6%), from €59,515 to €5,622
- Gross operating margin -€37,204
down €37,204 (-22.6%), from €164,893 to €127,689
- Depreciation +€16,357
up €16,357 (+19.9%), from €82,379 to €98,736
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €459,861 | €503,839 | +€43,978 | +9.6% |
| Fixed assets | 21/28 | €283,595 | €298,720 | +€15,125 | +5.3% |
| Tangible fixed assets | 22/27 | €283,400 | €298,525 | +€15,125 | +5.3% |
| Plant, machinery and equipment | 23 | €123,379 | €179,725 | +€56,346 | +45.7% |
| Furniture and vehicles | 24 | €152,415 | €118,800 | -€33,615 | -22.1% |
| Leasing and similar rights | 25 | €7,606 | - | -€7,606 | |
| Financial fixed assets | 28 | €196 | €196 | = | 0.0% |
| Current assets | 29/58 | €176,266 | €205,118 | +€28,853 | +16.4% |
| Amounts receivable within one year | 40/41 | €43,981 | €37,648 | -€6,333 | -14.4% |
| Trade receivables | 40 | €26,964 | €17,666 | -€9,298 | -34.5% |
| Other amounts receivable | 41 | €17,017 | €19,983 | +€2,966 | +17.4% |
| Cash at bank and in hand | 54/58 | €130,869 | €166,531 | +€35,662 | +27.2% |
| Deferred charges and accrued income | 490/1 | €1,415 | €939 | -€477 | -33.7% |
| Total equity and liabilities | 10/49 | €459,861 | €503,839 | +€43,978 | +9.6% |
| Equity | 10/15 | €147,926 | €159,022 | +€11,096 | +7.5% |
| Contributions | 10/11 | €8,200 | €8,200 | = | 0.0% |
| Reserves | 13 | €1,607 | €1,607 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,607 | €1,607 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,607 | €1,607 | = | 0.0% |
| Profit (loss) carried forward | 14 | €138,119 | €149,215 | +€11,096 | +8.0% |
| Amounts payable | 17/49 | €311,935 | €344,817 | +€32,881 | +10.5% |
| Amounts payable after more than one year | 17 | €167,597 | €188,908 | +€21,311 | +12.7% |
| Financial debts | 170/4 | €167,597 | €188,908 | +€21,311 | +12.7% |
| Amounts payable within one year | 42/48 | €144,338 | €155,909 | +€11,571 | +8.0% |
| Current portion of amounts payable after more than one year | 42 | €57,568 | €67,911 | +€10,343 | +18.0% |
| Trade debts | 44 | €23,855 | €29,600 | +€5,745 | +24.1% |
| Suppliers | 440/4 | €23,855 | €29,600 | +€5,745 | +24.1% |
| Taxes, remuneration and social security | 45 | €5,037 | €6,556 | +€1,519 | +30.2% |
| Taxes | 450/3 | €37 | €1,556 | +€1,519 | +4,051% |
| Remuneration and social security | 454/9 | €4,999 | €4,999 | = | 0.0% |
| Other amounts payable | 47/48 | €57,878 | €51,842 | -€6,036 | -10.4% |
| Remuneration, social security and pensions | 62 | €59,515 | €5,622 | -€53,893 | -90.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €82,379 | €98,736 | +€16,357 | +19.9% |
| Other operating charges | 640/8 | €1,099 | €1,226 | +€127 | +11.5% |
| Gross operating margin | 9900 | €164,893 | €127,689 | -€37,204 | -22.6% |
| Operating profit (loss) | 9901 | €21,899 | €22,105 | +€205 | +0.9% |
| Financial income | 75/76B | €389 | €1,410 | +€1,021 | +262% |
| Recurring financial income | 75 | €389 | €1,410 | +€1,021 | +262% |
| Financial charges | 65/66B | €8,543 | €9,444 | +€901 | +10.5% |
| Recurring financial charges | 65 | €8,543 | €9,444 | +€901 | +10.5% |
| Profit (loss) for the period before taxes | 9903 | €13,746 | €14,071 | +€325 | +2.4% |
| Income taxes | 67/77 | €2,955 | €2,974 | +€19 | +0.7% |
| Profit (loss) for the period | 9904 | €10,790 | €11,096 | +€306 | +2.8% |
| Profit (loss) for the period to be appropriated | 9905 | €10,790 | €11,096 | +€306 | +2.8% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 3 November 2026 via checked.be.