CATLION: 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.
CATLION
Largest movements
- Intangible fixed assets -€347,750
down €347,750 (-47.8%), from €727,338 to €379,589
- Receivables within one year -€56,427
down €56,427 (-83.4%), from €67,687 to €11,260
of which Other amounts receivable: -€40,100
- Stocks and contracts -€19,606
down €19,606 (-36.6%), from €53,586 to €33,980
- Cash +€9,360
up €9,360 (+91.1%), from €10,271 to €19,630
mainly Depreciation (+€347,750) and Debts after one year (+€268,820)
- Profit (loss) carried forward -€535,773
down €535,773 (-36.4%), from -€1.5m to -€2.0m
- Debts after one year +€268,820
up €268,820 (+13.1%), from €2.1m to €2.3m
of which Other amounts payable: +€314,452
- Trade debts -€81,693
down €81,693 (-53.0%), from €154,009 to €72,315
- Short-term financial debts -€39,452
down €39,452 (-99.5%), from €39,652 to €200
- Current portion of long-term debt -€23,189
down €23,189 (-31.9%), from €72,781 to €49,592
- Gross operating margin +€143,469
up €143,469 (+53.6%), from -€267,690 to -€124,221
- Depreciation -€46,516
down €46,516 (-11.8%), from €394,266 to €347,750
- Financial charges -€20,406
down €20,406 (-58.5%), from €34,888 to €14,482
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 | €860,983 | €444,926 | -€416,057 | -48.3% |
| Fixed assets | 21/28 | €727,805 | €380,056 | -€347,750 | -47.8% |
| Intangible fixed assets | 21 | €727,338 | €379,589 | -€347,750 | -47.8% |
| Financial fixed assets | 28 | €467 | €467 | = | 0.0% |
| Current assets | 29/58 | €133,178 | €64,870 | -€68,307 | -51.3% |
| Stocks and contracts in progress | 3 | €53,586 | €33,980 | -€19,606 | -36.6% |
| Stocks | 30/36 | €53,586 | €33,980 | -€19,606 | -36.6% |
| Amounts receivable within one year | 40/41 | €67,687 | €11,260 | -€56,427 | -83.4% |
| Trade receivables | 40 | €21,889 | €5,562 | -€16,327 | -74.6% |
| Other amounts receivable | 41 | €45,798 | €5,698 | -€40,100 | -87.6% |
| Cash at bank and in hand | 54/58 | €10,271 | €19,630 | +€9,360 | +91.1% |
| Deferred charges and accrued income | 490/1 | €1,634 | - | -€1,634 | |
| Total equity and liabilities | 10/49 | €860,983 | €444,926 | -€416,057 | -48.3% |
| Equity | 10/15 | -€1,468,528 | -€2,004,302 | -€535,773 | -36.5% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€1,470,528 | -€2,006,302 | -€535,773 | -36.4% |
| Amounts payable | 17/49 | €2,329,511 | €2,449,227 | +€119,716 | +5.1% |
| Amounts payable after more than one year | 17 | €2,050,768 | €2,319,588 | +€268,820 | +13.1% |
| Financial debts | 170/4 | €80,763 | €35,130 | -€45,633 | -56.5% |
| Other amounts payable | 178/9 | €1,970,005 | €2,284,458 | +€314,452 | +16.0% |
| Amounts payable within one year | 42/48 | €274,095 | €128,593 | -€145,502 | -53.1% |
| Current portion of amounts payable after more than one year | 42 | €72,781 | €49,592 | -€23,189 | -31.9% |
| Financial debts | 43 | €39,652 | €200 | -€39,452 | -99.5% |
| Credit institutions | 430/8 | €39,652 | €200 | -€39,452 | -99.5% |
| Trade debts | 44 | €154,009 | €72,315 | -€81,693 | -53.0% |
| Suppliers | 440/4 | €154,009 | €72,315 | -€81,693 | -53.0% |
| Taxes, remuneration and social security | 45 | €7,653 | €6,486 | -€1,167 | -15.3% |
| Taxes | 450/3 | €643 | €792 | +€149 | +23.2% |
| Remuneration and social security | 454/9 | €7,010 | €5,694 | -€1,316 | -18.8% |
| Accrued charges and deferred income | 492/3 | €4,648 | €1,047 | -€3,601 | -77.5% |
| Remuneration, social security and pensions | 62 | €46,425 | €48,394 | +€1,969 | +4.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €394,266 | €347,750 | -€46,516 | -11.8% |
| Other operating charges | 640/8 | €968 | €2,456 | +€1,489 | +154% |
| Gross operating margin | 9900 | -€267,690 | -€124,221 | +€143,469 | +53.6% |
| Operating profit (loss) | 9901 | -€709,348 | -€522,821 | +€186,527 | +26.3% |
| Financial income | 75/76B | €3,976 | €1,530 | -€2,447 | -61.5% |
| Recurring financial income | 75 | €3,976 | €1,530 | -€2,447 | -61.5% |
| Financial charges | 65/66B | €34,888 | €14,482 | -€20,406 | -58.5% |
| Recurring financial charges | 65 | €34,888 | €14,482 | -€20,406 | -58.5% |
| Profit (loss) for the period before taxes | 9903 | -€740,260 | -€535,773 | +€204,487 | +27.6% |
| Profit (loss) for the period | 9904 | -€740,260 | -€535,773 | +€204,487 | +27.6% |
| Profit (loss) for the period to be appropriated | 9905 | -€740,260 | -€535,773 | +€204,487 | +27.6% |
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 18 October 2026 via checked.be.