CATIMO: 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.
CATIMO
Largest movements
- Tangible fixed assets -€44,753
down €44,753 (-4.1%), from €1.1m to €1.1m
of which Land and buildings: -€37,715
- Profit (loss) carried forward +€131,493
up €131,493 (+194.4%), from €67,624 to €199,117
- Debts after one year -€84,958
down €84,958 (-8.1%), from €1.0m to €960,339
of which Financial debts: -€85,458
- Other debts -€49,758
down €49,758 (-9.1%), from €546,620 to €496,861
- Short-term financial debts -€38,000
down €38,000 (-3.2%), from €1.2m to €1.2m
of which Credit institutions: -€38,000
- Gross operating margin +€80,926
up €80,926 (+37.9%), from €213,761 to €294,687
- Financial charges -€16,643
down €16,643 (-18.0%), from €92,274 to €75,631
- Other operating charges +€16,406
up €16,406 (+350.1%), from €4,686 to €21,092
- Taxes +€13,829
up €13,829 (+170.2%), from €8,127 to €21,956
- Depreciation -€11,569
down €11,569 (-20.5%), from €56,322 to €44,753
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 | €3,376,299 | €3,326,956 | -€49,343 | -1.5% |
| Fixed assets | 21/28 | €1,101,569 | €1,056,816 | -€44,753 | -4.1% |
| Tangible fixed assets | 22/27 | €1,101,569 | €1,056,816 | -€44,753 | -4.1% |
| Land and buildings | 22 | €1,094,531 | €1,056,816 | -€37,715 | -3.4% |
| Furniture and vehicles | 24 | €7,038 | - | -€7,038 | |
| Other tangible fixed assets | 26 | €0 | - | = | |
| Financial fixed assets | 28 | €0 | - | = | |
| Current assets | 29/58 | €2,274,730 | €2,270,140 | -€4,590 | -0.2% |
| Stocks and contracts in progress | 3 | €2,221,280 | €2,221,280 | = | 0.0% |
| Stocks | 30/36 | €2,221,280 | €2,221,280 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €25,000 | €30,878 | +€5,878 | +23.5% |
| Trade receivables | 40 | €25,000 | €30,878 | +€5,878 | +23.5% |
| Other amounts receivable | 41 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €27,071 | €17,983 | -€9,088 | -33.6% |
| Deferred charges and accrued income | 490/1 | €1,379 | - | -€1,379 | |
| Total equity and liabilities | 10/49 | €3,376,299 | €3,326,956 | -€49,343 | -1.5% |
| Equity | 10/15 | €125,155 | €256,648 | +€131,493 | +105.1% |
| Contributions | 10/11 | €57,531 | €57,531 | = | 0.0% |
| Profit (loss) carried forward | 14 | €67,624 | €199,117 | +€131,493 | +194.4% |
| Amounts payable | 17/49 | €3,251,144 | €3,070,308 | -€180,836 | -5.6% |
| Amounts payable after more than one year | 17 | €1,045,297 | €960,339 | -€84,958 | -8.1% |
| Financial debts | 170/4 | €1,021,873 | €936,415 | -€85,458 | -8.4% |
| Other amounts payable | 178/9 | €23,424 | €23,924 | +€500 | +2.1% |
| Amounts payable within one year | 42/48 | €2,205,052 | €2,109,969 | -€95,083 | -4.3% |
| Current portion of amounts payable after more than one year | 42 | €114,297 | €109,943 | -€4,354 | -3.8% |
| Financial debts | 43 | €1,205,000 | €1,167,000 | -€38,000 | -3.2% |
| Credit institutions | 430/8 | €1,085,000 | €1,047,000 | -€38,000 | -3.5% |
| Other loans | 439 | €120,000 | €120,000 | = | 0.0% |
| Trade debts | 44 | €338,912 | €334,668 | -€4,244 | -1.3% |
| Suppliers | 440/4 | €338,912 | €334,668 | -€4,244 | -1.3% |
| Taxes, remuneration and social security | 45 | €224 | €1,497 | +€1,274 | +569.9% |
| Taxes | 450/3 | €224 | €1,497 | +€1,274 | +569.9% |
| Other amounts payable | 47/48 | €546,620 | €496,861 | -€49,758 | -9.1% |
| Accrued charges and deferred income | 492/3 | €795 | - | -€795 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €56,322 | €44,753 | -€11,569 | -20.5% |
| Other operating charges | 640/8 | €4,686 | €21,092 | +€16,406 | +350.1% |
| Gross operating margin | 9900 | €213,761 | €294,687 | +€80,926 | +37.9% |
| Operating profit (loss) | 9901 | €152,754 | €228,843 | +€76,089 | +49.8% |
| Financial income | 75/76B | - | €238 | +€238 | |
| Recurring financial income | 75 | - | €238 | +€238 | |
| Financial charges | 65/66B | €92,274 | €75,631 | -€16,643 | -18.0% |
| Recurring financial charges | 65 | €92,274 | €75,631 | -€16,643 | -18.0% |
| Profit (loss) for the period before taxes | 9903 | €60,480 | €153,449 | +€92,970 | +153.7% |
| Income taxes | 67/77 | €8,127 | €21,956 | +€13,829 | +170.2% |
| Profit (loss) for the period | 9904 | €52,353 | €131,493 | +€79,140 | +151.2% |
| Profit (loss) for the period to be appropriated | 9905 | €52,353 | €131,493 | +€79,140 | +151.2% |
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 11 October 2026 via checked.be.