CATMAN STABLES: 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.
CATMAN STABLES
Largest movements
- Receivables within one year +€10,800
up €10,800 (+703.5%), from €1,535 to €12,335
of which Trade receivables: +€10,800
- Stocks and contracts -€500
down €500 (-23.8%), from €2,100 to €1,600
- Cash +€462
up €462 (+42.7%), from €1,084 to €1,546
mainly Trade debts (+€17,975) and Tax, wage and social debts (+€761)
- Deferred charges and accrued income +€446
up €446 (+197.6%), from €226 to €672
- Trade debts +€17,975
up €17,975 (+114.1%), from €15,749 to €33,724
- Other debts -€6,771
down €6,771 (-20.2%), from €33,568 to €26,797
- Tax, wage and social debts +€761
up €761 (+1183.2%), from €64 to €826
- Profit (loss) carried forward -€638
down €638 (-1.3%), from -€49,710 to -€50,349
- Other operating charges -€697
down €697 (-59.3%), from €1,175 to €478
- Gross operating margin +€556
up €556 (+105.6%), from €527 to €1,083
- Staff costs -€169
down €169 (-15.0%), from €1,130 to €961
- Financial charges +€29
up €29 (+11.5%), from €253 to €282
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 | €6,445 | €17,653 | +€11,209 | +173.9% |
| Fixed assets | 21/28 | €1,500 | €1,500 | = | 0.0% |
| Tangible fixed assets | 22/27 | €1,500 | €1,500 | = | 0.0% |
| Other tangible fixed assets | 26 | €1,500 | €1,500 | = | 0.0% |
| Current assets | 29/58 | €4,945 | €16,153 | +€11,209 | +226.7% |
| Stocks and contracts in progress | 3 | €2,100 | €1,600 | -€500 | -23.8% |
| Stocks | 30/36 | €2,100 | €1,600 | -€500 | -23.8% |
| Amounts receivable within one year | 40/41 | €1,535 | €12,335 | +€10,800 | +703.5% |
| Trade receivables | 40 | €1,483 | €12,283 | +€10,800 | +728.2% |
| Other amounts receivable | 41 | €52 | €52 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €1,084 | €1,546 | +€462 | +42.7% |
| Deferred charges and accrued income | 490/1 | €226 | €672 | +€446 | +197.6% |
| Total equity and liabilities | 10/49 | €6,445 | €17,653 | +€11,209 | +173.9% |
| Equity | 10/15 | -€43,510 | -€44,149 | -€638 | -1.5% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Capital | 10 | €6,200 | €6,200 | = | 0.0% |
| Issued capital | 100 | €18,600 | €18,600 | = | 0.0% |
| Uncalled capital | 101 | €12,400 | €12,400 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€49,710 | -€50,349 | -€638 | -1.3% |
| Amounts payable | 17/49 | €49,955 | €61,802 | +€11,847 | +23.7% |
| Amounts payable within one year | 42/48 | €49,955 | €61,802 | +€11,847 | +23.7% |
| Financial debts | 43 | €574 | €456 | -€118 | -20.6% |
| Credit institutions | 430/8 | €574 | €456 | -€118 | -20.6% |
| Trade debts | 44 | €15,749 | €33,724 | +€17,975 | +114.1% |
| Suppliers | 440/4 | €15,749 | €33,724 | +€17,975 | +114.1% |
| Taxes, remuneration and social security | 45 | €64 | €826 | +€761 | +1183.2% |
| Taxes | 450/3 | €64 | €826 | +€761 | +1183.2% |
| Other amounts payable | 47/48 | €33,568 | €26,797 | -€6,771 | -20.2% |
| Remuneration, social security and pensions | 62 | €1,130 | €961 | -€169 | -15.0% |
| Other operating charges | 640/8 | €1,175 | €478 | -€697 | -59.3% |
| Gross operating margin | 9900 | €527 | €1,083 | +€556 | +105.6% |
| Operating profit (loss) | 9901 | -€1,778 | -€356 | +€1,423 | +80.0% |
| Financial income | 75/76B | €0 | - | -€0 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Financial charges | 65/66B | €253 | €282 | +€29 | +11.5% |
| Recurring financial charges | 65 | €253 | €282 | +€29 | +11.5% |
| Profit (loss) for the period before taxes | 9903 | -€2,032 | -€638 | +€1,393 | +68.6% |
| Profit (loss) for the period | 9904 | -€2,032 | -€638 | +€1,393 | +68.6% |
| Profit (loss) for the period to be appropriated | 9905 | -€2,032 | -€638 | +€1,393 | +68.6% |
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 10 October 2026 via checked.be.