Catjan: 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.
Catjan
Largest movements
- Tangible fixed assets -€32,809
down €32,809 (-6.6%), from €497,512 to €464,704
of which Furniture and vehicles: -€18,293
- Cash +€7,773
up €7,773 (+12.8%), from €60,643 to €68,416
mainly Depreciation (+€60,039) and Net result for the year (+€8,347)
- Debts after one year -€21,833
down €21,833 (-5.2%), from €421,531 to €399,698
of which Financial debts: -€21,833
- Profit (loss) carried forward +€6,681
up €6,681 (+15.1%), from €44,103 to €50,784
- Gross operating margin -€22,818
down €22,818 (-19.7%), from €115,643 to €92,825
- Depreciation +€8,021
up €8,021 (+15.4%), from €52,018 to €60,039
- Taxes -€5,340
down €5,340 (-59.9%), from €8,911 to €3,571
- Financial charges +€2,349
up €2,349 (+24.8%), from €9,487 to €11,836
- Other operating charges -€1,694
down €1,694 (-24.2%), from €6,989 to €5,294
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 | €569,366 | €545,192 | -€24,174 | -4.2% |
| Fixed assets | 21/28 | €498,712 | €464,704 | -€34,009 | -6.8% |
| Tangible fixed assets | 22/27 | €497,512 | €464,704 | -€32,809 | -6.6% |
| Land and buildings | 22 | €442,992 | €433,344 | -€9,648 | -2.2% |
| Plant, machinery and equipment | 23 | €18,198 | €13,759 | -€4,439 | -24.4% |
| Furniture and vehicles | 24 | €34,380 | €16,087 | -€18,293 | -53.2% |
| Other tangible fixed assets | 26 | €1,943 | €1,513 | -€430 | -22.1% |
| Financial fixed assets | 28 | €1,200 | €0 | -€1,200 | -100% |
| Current assets | 29/58 | €70,654 | €80,488 | +€9,835 | +13.9% |
| Stocks and contracts in progress | 3 | €4,669 | €5,268 | +€599 | +12.8% |
| Stocks | 30/36 | €4,669 | €5,268 | +€599 | +12.8% |
| Amounts receivable within one year | 40/41 | €3,108 | €4,524 | +€1,416 | +45.6% |
| Trade receivables | 40 | €0 | - | = | |
| Other amounts receivable | 41 | €3,108 | €4,524 | +€1,416 | +45.6% |
| Cash at bank and in hand | 54/58 | €60,643 | €68,416 | +€7,773 | +12.8% |
| Deferred charges and accrued income | 490/1 | €2,234 | €2,281 | +€47 | +2.1% |
| Total equity and liabilities | 10/49 | €569,366 | €545,192 | -€24,174 | -4.2% |
| Equity | 10/15 | €64,563 | €71,244 | +€6,681 | +10.3% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €44,103 | €50,784 | +€6,681 | +15.1% |
| Amounts payable | 17/49 | €504,804 | €473,949 | -€30,855 | -6.1% |
| Amounts payable after more than one year | 17 | €421,531 | €399,698 | -€21,833 | -5.2% |
| Financial debts | 170/4 | €382,531 | €360,698 | -€21,833 | -5.7% |
| Other amounts payable | 178/9 | €39,000 | €39,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €83,273 | €74,251 | -€9,022 | -10.8% |
| Current portion of amounts payable after more than one year | 42 | €48,358 | €45,108 | -€3,250 | -6.7% |
| Trade debts | 44 | €12,404 | €11,614 | -€790 | -6.4% |
| Suppliers | 440/4 | €12,404 | €11,614 | -€790 | -6.4% |
| Advances received on contracts in progress | 46 | €150 | €461 | +€311 | +207% |
| Taxes, remuneration and social security | 45 | €16,692 | €11,184 | -€5,509 | -33.0% |
| Taxes | 450/3 | €13,542 | €8,144 | -€5,398 | -39.9% |
| Remuneration and social security | 454/9 | €3,151 | €3,040 | -€111 | -3.5% |
| Other amounts payable | 47/48 | €5,668 | €5,885 | +€216 | +3.8% |
| Non-recurring operating income | 76A | €25,000 | €0 | -€25,000 | -100% |
| Remuneration, social security and pensions | 62 | €3,030 | €3,965 | +€935 | +30.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €52,018 | €60,039 | +€8,021 | +15.4% |
| Other operating charges | 640/8 | €6,989 | €5,294 | -€1,694 | -24.2% |
| Gross operating margin | 9900 | €115,643 | €92,825 | -€22,818 | -19.7% |
| Operating profit (loss) | 9901 | €53,606 | €23,526 | -€30,080 | -56.1% |
| Financial income | 75/76B | €72 | €228 | +€156 | +215% |
| Recurring financial income | 75 | €72 | €228 | +€156 | +215% |
| Financial charges | 65/66B | €9,487 | €11,836 | +€2,349 | +24.8% |
| Recurring financial charges | 65 | €9,487 | €11,836 | +€2,349 | +24.8% |
| Profit (loss) for the period before taxes | 9903 | €44,191 | €11,918 | -€32,273 | -73.0% |
| Income taxes | 67/77 | €8,911 | €3,571 | -€5,340 | -59.9% |
| Profit (loss) for the period | 9904 | €35,281 | €8,347 | -€26,934 | -76.3% |
| Profit (loss) for the period to be appropriated | 9905 | €35,281 | €8,347 | -€26,934 | -76.3% |
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 15 October 2026 via checked.be.