CATLAR: 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.
CATLAR
Largest movements
- Cash +€91,008
up €91,008 (+198%), from €45,871 to €136,879
mainly Net result for the year (+€61,074) and Depreciation (+€34,376)
- Intangible fixed assets -€19,286
down €19,286 (-34.8%), from €55,427 to €36,141
- Tangible fixed assets -€13,302
down €13,302 (-25.6%), from €51,905 to €38,603
of which Furniture and vehicles: -€14,357
- Reserves +€56,509
up €56,509 (+48.3%), from €117,022 to €173,531
of which Distributable reserves: +€61,074
- Tax, wage and social debts +€23,305
up €23,305 (+118%), from €19,804 to €43,109
of which Taxes: +€15,843
- Debts after one year -€21,146
down €21,146 (-25.2%), from €83,997 to €62,851
- Trade debts +€4,727
up €4,727 (+14.3%), from €33,116 to €37,843
- Gross operating margin +€16,136
up €16,136 (+14.8%), from €108,910 to €125,046
- Taxes +€9,312
up €9,312 (+41.5%), from €22,431 to €31,743
- Financial charges -€1,408
down €1,408 (-52.0%), from €2,708 to €1,300
- Depreciation +€1,356
up €1,356 (+4.1%), from €33,020 to €34,376
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 | €284,543 | €344,205 | +€59,662 | +21.0% |
| Fixed assets | 21/28 | €112,982 | €80,394 | -€32,588 | -28.8% |
| Intangible fixed assets | 21 | €55,427 | €36,141 | -€19,286 | -34.8% |
| Tangible fixed assets | 22/27 | €51,905 | €38,603 | -€13,302 | -25.6% |
| Plant, machinery and equipment | 23 | €774 | €1,829 | +€1,055 | +136% |
| Furniture and vehicles | 24 | €51,132 | €36,774 | -€14,357 | -28.1% |
| Financial fixed assets | 28 | €5,650 | €5,650 | = | 0.0% |
| Current assets | 29/58 | €171,561 | €263,811 | +€92,250 | +53.8% |
| Stocks and contracts in progress | 3 | €8,560 | €9,005 | +€445 | +5.2% |
| Stocks | 30/36 | €8,560 | €9,005 | +€445 | +5.2% |
| Amounts receivable within one year | 40/41 | €117,129 | €117,927 | +€797 | +0.7% |
| Trade receivables | 40 | €47,266 | €62,460 | +€15,194 | +32.1% |
| Other amounts receivable | 41 | €69,863 | €55,467 | -€14,396 | -20.6% |
| Cash at bank and in hand | 54/58 | €45,871 | €136,879 | +€91,008 | +198% |
| Total equity and liabilities | 10/49 | €284,543 | €344,205 | +€59,662 | +21.0% |
| Equity | 10/15 | €142,028 | €198,538 | +€56,509 | +39.8% |
| Contributions | 10/11 | €25,000 | €25,000 | = | 0.0% |
| Reserves | 13 | €117,022 | €173,531 | +€56,509 | +48.3% |
| Tax-exempt reserves | 132 | €9,129 | €4,564 | -€4,564 | -50.0% |
| Distributable reserves | 133 | €107,893 | €168,967 | +€61,074 | +56.6% |
| Profit (loss) carried forward | 14 | €6 | €6 | = | 0.0% |
| Provisions and deferred taxes | 16 | €3,729 | €1,864 | -€1,864 | -50.0% |
| Deferred taxes | 168 | €3,729 | €1,864 | -€1,864 | -50.0% |
| Amounts payable | 17/49 | €138,786 | €143,803 | +€5,017 | +3.6% |
| Amounts payable after more than one year | 17 | €83,997 | €62,851 | -€21,146 | -25.2% |
| Financial debts | 170/4 | €83,997 | €62,851 | -€21,146 | -25.2% |
| Amounts payable within one year | 42/48 | €54,789 | €80,952 | +€26,163 | +47.8% |
| Trade debts | 44 | €33,116 | €37,843 | +€4,727 | +14.3% |
| Suppliers | 440/4 | €33,116 | €37,843 | +€4,727 | +14.3% |
| Taxes, remuneration and social security | 45 | €19,804 | €43,109 | +€23,305 | +118% |
| Taxes | 450/3 | €19,804 | €35,647 | +€15,843 | +80.0% |
| Remuneration and social security | 454/9 | - | €7,462 | +€7,462 | |
| Other amounts payable | 47/48 | €1,869 | - | -€1,869 | |
| Remuneration, social security and pensions | 62 | €641 | €1,838 | +€1,197 | +187% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €33,020 | €34,376 | +€1,356 | +4.1% |
| Other operating charges | 640/8 | €1,318 | €1,312 | -€5 | -0.4% |
| Gross operating margin | 9900 | €108,910 | €125,046 | +€16,136 | +14.8% |
| Operating profit (loss) | 9901 | €73,932 | €87,520 | +€13,588 | +18.4% |
| Financial income | 75/76B | €4 | €168 | +€164 | +4,630% |
| Recurring financial income | 75 | €4 | €168 | +€164 | +4,630% |
| Financial charges | 65/66B | €2,708 | €1,300 | -€1,408 | -52.0% |
| Recurring financial charges | 65 | €2,708 | €1,300 | -€1,408 | -52.0% |
| Profit (loss) for the period before taxes | 9903 | €71,228 | €86,388 | +€15,160 | +21.3% |
| Transfer from deferred taxes | 780 | €6,429 | €6,429 | = | 0.0% |
| Income taxes | 67/77 | €22,431 | €31,743 | +€9,312 | +41.5% |
| Profit (loss) for the period | 9904 | €55,226 | €61,074 | +€5,848 | +10.6% |
| Profit (loss) for the period to be appropriated | 9905 | €55,226 | €61,074 | +€5,848 | +10.6% |
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.