Catino: 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.
Catino
Largest movements
- Stocks and contracts +€5,066
up €5,066 (+4.6%), from €110,793 to €115,859
- Receivables within one year -€2,385
down €2,385 (-88.3%), from €2,700 to €315
of which Trade receivables: -€2,488
- Cash -€2,331
down €2,331 (-18.9%), from €12,327 to €9,996
mainly Net result for the year (-€7,693) and Stocks and contracts (-€5,066)
- Other debts +€8,521
up €8,521 (+18.1%), from €46,997 to €55,518
- Profit (loss) carried forward -€7,693
down €7,693 (-90.1%), from -€8,539 to -€16,232
- Trade debts +€5,512
up €5,512 (+185.1%), from €2,977 to €8,488
- Tax, wage and social debts -€3,821
down €3,821 (-44.9%), from €8,510 to €4,689
of which Taxes: -€2,257
- Advances received -€3,250
down €3,250 (-94.2%), from €3,450 to €200
- Gross operating margin +€15,862
up €15,862 (+244.5%), from €6,488 to €22,350
- Staff costs +€2,099
up €2,099 (+8.4%), from €25,030 to €27,129
- Depreciation -€963
down €963 (-47.1%), from €2,045 to €1,082
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 | €129,327 | €128,595 | -€732 | -0.6% |
| Fixed assets | 21/28 | €3,507 | €2,425 | -€1,082 | -30.9% |
| Tangible fixed assets | 22/27 | €3,457 | €2,375 | -€1,082 | -31.3% |
| Plant, machinery and equipment | 23 | €723 | - | -€723 | |
| Other tangible fixed assets | 26 | €2,734 | €2,375 | -€359 | -13.1% |
| Financial fixed assets | 28 | €50 | €50 | = | 0.0% |
| Current assets | 29/58 | €125,820 | €126,170 | +€350 | +0.3% |
| Stocks and contracts in progress | 3 | €110,793 | €115,859 | +€5,066 | +4.6% |
| Stocks | 30/36 | €110,793 | €115,859 | +€5,066 | +4.6% |
| Amounts receivable within one year | 40/41 | €2,700 | €315 | -€2,385 | -88.3% |
| Trade receivables | 40 | €2,700 | €212 | -€2,488 | -92.1% |
| Other amounts receivable | 41 | - | €103 | +€103 | |
| Cash at bank and in hand | 54/58 | €12,327 | €9,996 | -€2,331 | -18.9% |
| Total equity and liabilities | 10/49 | €129,327 | €128,595 | -€732 | -0.6% |
| Equity | 10/15 | €67,393 | €59,699 | -€7,693 | -11.4% |
| Contributions | 10/11 | €18,840 | €18,840 | = | 0.0% |
| Reserves | 13 | €57,091 | €57,091 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,884 | €1,884 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,884 | €1,884 | = | 0.0% |
| Tax-exempt reserves | 132 | €40,561 | €40,561 | = | 0.0% |
| Distributable reserves | 133 | €14,646 | €14,646 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€8,539 | -€16,232 | -€7,693 | -90.1% |
| Amounts payable | 17/49 | €61,934 | €68,896 | +€6,962 | +11.2% |
| Amounts payable within one year | 42/48 | €61,934 | €68,896 | +€6,962 | +11.2% |
| Trade debts | 44 | €2,977 | €8,488 | +€5,512 | +185.1% |
| Suppliers | 440/4 | €2,977 | €8,488 | +€5,512 | +185.1% |
| Advances received on contracts in progress | 46 | €3,450 | €200 | -€3,250 | -94.2% |
| Taxes, remuneration and social security | 45 | €8,510 | €4,689 | -€3,821 | -44.9% |
| Taxes | 450/3 | €2,308 | €51 | -€2,257 | -97.8% |
| Remuneration and social security | 454/9 | €6,202 | €4,639 | -€1,563 | -25.2% |
| Other amounts payable | 47/48 | €46,997 | €55,518 | +€8,521 | +18.1% |
| Remuneration, social security and pensions | 62 | €25,030 | €27,129 | +€2,099 | +8.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,045 | €1,082 | -€963 | -47.1% |
| Other operating charges | 640/8 | €1,423 | €1,345 | -€78 | -5.5% |
| Gross operating margin | 9900 | €6,488 | €22,350 | +€15,862 | +244.5% |
| Operating profit (loss) | 9901 | -€22,009 | -€7,207 | +€14,803 | +67.3% |
| Financial income | 75/76B | €169 | €12 | -€157 | -92.8% |
| Recurring financial income | 75 | €169 | €12 | -€157 | -92.8% |
| Financial charges | 65/66B | €489 | €499 | +€10 | +2.1% |
| Recurring financial charges | 65 | €489 | €499 | +€10 | +2.1% |
| Profit (loss) for the period before taxes | 9903 | -€22,329 | -€7,693 | +€14,636 | +65.5% |
| Profit (loss) for the period | 9904 | -€22,329 | -€7,693 | +€14,636 | +65.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€22,329 | -€7,693 | +€14,636 | +65.5% |
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 10 October 2026 via checked.be.