CATJA: 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.
CATJA
Largest movements
- Receivables within one year +€76,839
up €76,839 (+57.5%), from €133,645 to €210,484
of which Trade receivables: +€85,023
- Cash -€66,560
down €66,560 (-86.1%), from €77,278 to €10,718
mainly Receivables within one year (-€76,839) and Investment in fixed assets (net) (-€71,921)
- Tangible fixed assets +€42,664
up €42,664 (+11.0%), from €387,234 to €429,898
of which Land and buildings: +€32,731
- Reserves +€38,987
up €38,987 (+14.6%), from €267,562 to €306,549
of which Distributable reserves: +€38,987
- Debts after one year -€19,360
down €19,360 (-7.4%), from €260,085 to €240,725
- Tax, wage and social debts +€18,418
up €18,418 (+292%), from €6,316 to €24,735
of which Taxes: +€17,268
- Trade debts +€17,489
up €17,489 (+26.0%), from €67,377 to €84,866
- Other operating charges -€18,510
down €18,510 (-82.2%), from €22,526 to €4,016
- Depreciation -€6,584
down €6,584 (-18.4%), from €35,841 to €29,256
- Staff costs +€5,210
up €5,210 (+5.1%), from €102,335 to €107,544
- Taxes +€4,310
up €4,310 (+18.9%), from €22,785 to €27,095
- Gross operating margin -€3,788
down €3,788 (-1.5%), from €251,730 to €247,942
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 | €629,792 | €685,330 | +€55,538 | +8.8% |
| Formation expenses | 20 | €0 | €0 | = | |
| Fixed assets | 21/28 | €387,599 | €430,263 | +€42,664 | +11.0% |
| Intangible fixed assets | 21 | €0 | €0 | = | |
| Tangible fixed assets | 22/27 | €387,234 | €429,898 | +€42,664 | +11.0% |
| Land and buildings | 22 | €350,646 | €383,378 | +€32,731 | +9.3% |
| Plant, machinery and equipment | 23 | €36,587 | €40,908 | +€4,320 | +11.8% |
| Furniture and vehicles | 24 | €0 | €5,613 | +€5,613 | |
| Financial fixed assets | 28 | €365 | €365 | = | 0.0% |
| Current assets | 29/58 | €242,193 | €255,067 | +€12,874 | +5.3% |
| Stocks and contracts in progress | 3 | €23,845 | €26,175 | +€2,330 | +9.8% |
| Stocks | 30/36 | €20,445 | €21,175 | +€730 | +3.6% |
| Contracts in progress | 37 | €3,400 | €5,000 | +€1,600 | +47.1% |
| Amounts receivable within one year | 40/41 | €133,645 | €210,484 | +€76,839 | +57.5% |
| Trade receivables | 40 | €119,069 | €204,091 | +€85,023 | +71.4% |
| Other amounts receivable | 41 | €14,577 | €6,393 | -€8,184 | -56.1% |
| Cash at bank and in hand | 54/58 | €77,278 | €10,718 | -€66,560 | -86.1% |
| Deferred charges and accrued income | 490/1 | €7,425 | €7,690 | +€265 | +3.6% |
| Total equity and liabilities | 10/49 | €629,792 | €685,330 | +€55,538 | +8.8% |
| Equity | 10/15 | €273,762 | €312,749 | +€38,987 | +14.2% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €267,562 | €306,549 | +€38,987 | +14.6% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Tax-exempt reserves | 132 | €430 | €430 | = | 0.0% |
| Distributable reserves | 133 | €265,272 | €304,259 | +€38,987 | +14.7% |
| Amounts payable | 17/49 | €356,030 | €372,581 | +€16,551 | +4.6% |
| Amounts payable after more than one year | 17 | €260,085 | €240,725 | -€19,360 | -7.4% |
| Financial debts | 170/4 | €260,085 | €240,725 | -€19,360 | -7.4% |
| Amounts payable within one year | 42/48 | €95,945 | €131,322 | +€35,377 | +36.9% |
| Current portion of amounts payable after more than one year | 42 | €22,252 | €19,360 | -€2,892 | -13.0% |
| Trade debts | 44 | €67,377 | €84,866 | +€17,489 | +26.0% |
| Suppliers | 440/4 | €67,377 | €84,866 | +€17,489 | +26.0% |
| Taxes, remuneration and social security | 45 | €6,316 | €24,735 | +€18,418 | +292% |
| Taxes | 450/3 | €194 | €17,462 | +€17,268 | +8,915% |
| Remuneration and social security | 454/9 | €6,123 | €7,273 | +€1,150 | +18.8% |
| Other amounts payable | 47/48 | - | €2,361 | +€2,361 | |
| Accrued charges and deferred income | 492/3 | - | €534 | +€534 | |
| Non-recurring operating income | 76A | €16,742 | - | -€16,742 | |
| Remuneration, social security and pensions | 62 | €102,335 | €107,544 | +€5,210 | +5.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €35,841 | €29,256 | -€6,584 | -18.4% |
| Other operating charges | 640/8 | €22,526 | €4,016 | -€18,510 | -82.2% |
| Gross operating margin | 9900 | €251,730 | €247,942 | -€3,788 | -1.5% |
| Operating profit (loss) | 9901 | €91,028 | €107,125 | +€16,096 | +17.7% |
| Financial income | 75/76B | €1,347 | €1,551 | +€205 | +15.2% |
| Recurring financial income | 75 | €1,347 | €1,551 | +€205 | +15.2% |
| Financial charges | 65/66B | €12,994 | €15,694 | +€2,700 | +20.8% |
| Recurring financial charges | 65 | €12,994 | €15,694 | +€2,700 | +20.8% |
| Profit (loss) for the period before taxes | 9903 | €79,381 | €92,982 | +€13,601 | +17.1% |
| Income taxes | 67/77 | €22,785 | €27,095 | +€4,310 | +18.9% |
| Profit (loss) for the period | 9904 | €56,596 | €65,887 | +€9,291 | +16.4% |
| Profit (loss) for the period to be appropriated | 9905 | €56,596 | €65,887 | +€9,291 | +16.4% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 14 October 2026 via checked.be.