CATIMMO: 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.
CATIMMO
Largest movements
- Receivables within one year +€78,709
up €78,709 (+11.5%), from €682,292 to €761,002
- Profit (loss) carried forward +€51,042
up €51,042 (+64.5%), from -€79,191 to -€28,149
- Provisions +€42,952
up €42,952 (+97.0%), from €44,272 to €87,224
of which Provisions for liabilities and charges: +€45,719
- Debts within one year -€10,959
down €10,959 (-11.5%), from €95,610 to €84,652
- Provisions +€45,719
new in 2021: €45,719
- Financial income +€45,365
new in 2021: €45,365
- Gross operating margin +€20,221
up €20,221 (+56.9%), from €35,560 to €55,781
- Depreciation -€8,949
down €8,949 (-42.8%), from €20,901 to €11,951
- Financial charges +€574
new in 2021: €574
From the 2020 result to the 2021 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 2020 and 2021 balance sheets and the 2021 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2020 | 2021 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €778,314 | €855,975 | +€77,662 | +10.0% |
| Fixed assets | 21/28 | €86,075 | €80,616 | -€5,459 | -6.3% |
| Tangible fixed assets | 22/27 | €86,075 | €80,616 | -€5,459 | -6.3% |
| Land and buildings | 22 | - | €75,109 | +€75,109 | |
| Plant, machinery and equipment | 23 | - | €5,507 | +€5,507 | |
| Current assets | 29/58 | €692,239 | €775,359 | +€83,121 | +12.0% |
| Amounts receivable within one year | 40/41 | €682,292 | €761,002 | +€78,709 | +11.5% |
| Other amounts receivable | 41 | - | €761,002 | +€761,002 | |
| Current investments | 50/53 | €7,432 | €7,432 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €2,514 | €6,925 | +€4,411 | +175.4% |
| Total equity and liabilities | 10/49 | €778,314 | €855,975 | +€77,662 | +10.0% |
| Equity | 10/15 | €456,807 | €502,475 | +€45,668 | +10.0% |
| Contributions | 10/11 | €295,787 | €295,787 | = | 0.0% |
| Capital | 10 | - | €295,787 | +€295,787 | |
| Issued capital | 100 | - | €295,787 | +€295,787 | |
| Reserves | 13 | €240,211 | €234,837 | -€5,374 | -2.2% |
| Non-distributable reserves | 130/1 | - | €12,390 | +€12,390 | |
| Legal reserve | 130 | - | €4,958 | +€4,958 | |
| Own shares acquired | 1312 | - | €7,432 | +€7,432 | |
| Tax-exempt reserves | 132 | - | €80,604 | +€80,604 | |
| Distributable reserves | 133 | - | €141,844 | +€141,844 | |
| Profit (loss) carried forward | 14 | -€79,191 | -€28,149 | +€51,042 | +64.5% |
| Provisions and deferred taxes | 16 | €44,272 | €87,224 | +€42,952 | +97.0% |
| Provisions for liabilities and charges | 160/5 | - | €45,719 | +€45,719 | |
| Major repairs and maintenance | 162 | - | €45,719 | +€45,719 | |
| Deferred taxes | 168 | - | €41,505 | +€41,505 | |
| Amounts payable | 17/49 | €277,235 | €266,276 | -€10,959 | -4.0% |
| Amounts payable after more than one year | 17 | €181,625 | €181,625 | = | 0.0% |
| Financial debts | 170/4 | - | €180,180 | +€180,180 | |
| Other amounts payable | 178/9 | - | €1,445 | +€1,445 | |
| Amounts payable within one year | 42/48 | €95,610 | €84,652 | -€10,959 | -11.5% |
| Trade debts | 44 | €38,459 | €33,672 | -€4,787 | -12.4% |
| Suppliers | 440/4 | - | €33,672 | +€33,672 | |
| Other amounts payable | 47/48 | - | €50,980 | +€50,980 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €20,901 | €11,951 | -€8,949 | -42.8% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | - | €45,719 | +€45,719 | |
| Gross operating margin | 9900 | €35,560 | €55,781 | +€20,221 | +56.9% |
| Operating profit (loss) | 9901 | €14,659 | -€1,890 | -€16,549 | |
| Financial income | 75/76B | - | €45,365 | +€45,365 | |
| Recurring financial income | 75 | €60,278 | €45,365 | -€14,913 | -24.7% |
| Financial charges | 65/66B | - | €574 | +€574 | |
| Recurring financial charges | 65 | €1,568 | €574 | -€994 | -63.4% |
| Profit (loss) for the period before taxes | 9903 | €73,369 | €42,901 | -€30,468 | -41.5% |
| Transfer from deferred taxes | 780 | - | €2,767 | +€2,767 | |
| Profit (loss) for the period | 9904 | €76,136 | €45,668 | -€30,468 | -40.0% |
| Transfer from tax-exempt reserves | 789 | - | €5,374 | +€5,374 | |
| Profit (loss) for the period to be appropriated | 9905 | €81,510 | €51,042 | -€30,468 | -37.4% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2020 and 31 December 2021. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.