Catriona: 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.
Catriona
Largest movements
- Cash -€11,524
down €11,524 (-12.2%), from €94,694 to €83,170
mainly Contributions, distributions and other (-€47,000) and Trade debts (-€10,078)
- Receivables within one year -€3,874
down €3,874 (-14.3%), from €27,139 to €23,265
of which Other amounts receivable: -€9,266
- Reserves -€16,476
down €16,476 (-18.1%), from €91,173 to €74,697
of which Distributable reserves: -€16,476
- Trade debts -€10,078
down €10,078 (-76.6%), from €13,149 to €3,071
- Other debts +€8,358
up €8,358 (+25.0%), from €33,489 to €41,847
- Tax, wage and social debts +€2,567
new in 2025: €2,567
- Gross operating margin +€29,807
up €29,807 (+120%), from €24,823 to €54,630
- Taxes +€8,904
up €8,904 (+76.4%), from €11,649 to €20,553
- Other operating charges +€819
up €819 (+118%), from €695 to €1,513
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 | €157,711 | €142,083 | -€15,628 | -9.9% |
| Fixed assets | 21/28 | €5,878 | €5,865 | -€13 | -0.2% |
| Tangible fixed assets | 22/27 | €5,878 | €5,865 | -€13 | -0.2% |
| Plant, machinery and equipment | 23 | €2,196 | €1,436 | -€760 | -34.6% |
| Other tangible fixed assets | 26 | €3,682 | €4,429 | +€747 | +20.3% |
| Current assets | 29/58 | €151,833 | €136,218 | -€15,615 | -10.3% |
| Amounts receivable within one year | 40/41 | €27,139 | €23,265 | -€3,874 | -14.3% |
| Trade receivables | 40 | €16,741 | €22,133 | +€5,392 | +32.2% |
| Other amounts receivable | 41 | €10,398 | €1,132 | -€9,266 | -89.1% |
| Current investments | 50/53 | €30,000 | €29,782 | -€218 | -0.7% |
| Cash at bank and in hand | 54/58 | €94,694 | €83,170 | -€11,524 | -12.2% |
| Deferred charges and accrued income | 490/1 | €0 | - | = | |
| Total equity and liabilities | 10/49 | €157,711 | €142,083 | -€15,628 | -9.9% |
| Equity | 10/15 | €103,573 | €87,097 | -€16,476 | -15.9% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €91,173 | €74,697 | -€16,476 | -18.1% |
| 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 | €11,750 | €11,750 | = | 0.0% |
| Distributable reserves | 133 | €77,563 | €61,087 | -€16,476 | -21.2% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €54,138 | €54,986 | +€848 | +1.6% |
| Amounts payable within one year | 42/48 | €54,138 | €54,986 | +€848 | +1.6% |
| Financial debts | 43 | €7,500 | €7,500 | = | 0.0% |
| Credit institutions | 430/8 | €7,500 | €7,500 | = | 0.0% |
| Trade debts | 44 | €13,149 | €3,071 | -€10,078 | -76.6% |
| Suppliers | 440/4 | €13,149 | €3,071 | -€10,078 | -76.6% |
| Taxes, remuneration and social security | 45 | - | €2,567 | +€2,567 | |
| Taxes | 450/3 | - | €2,567 | +€2,567 | |
| Other amounts payable | 47/48 | €33,489 | €41,847 | +€8,358 | +25.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,832 | €1,784 | -€48 | -2.6% |
| Other operating charges | 640/8 | €695 | €1,513 | +€819 | +118% |
| Gross operating margin | 9900 | €24,823 | €54,630 | +€29,807 | +120% |
| Operating profit (loss) | 9901 | €22,297 | €51,333 | +€29,036 | +130% |
| Financial income | 75/76B | €183 | €704 | +€522 | +286% |
| Recurring financial income | 75 | €183 | €704 | +€522 | +286% |
| Financial charges | 65/66B | €650 | €960 | +€310 | +47.8% |
| Recurring financial charges | 65 | €650 | €960 | +€310 | +47.8% |
| Profit (loss) for the period before taxes | 9903 | €21,829 | €51,077 | +€29,248 | +134% |
| Income taxes | 67/77 | €11,649 | €20,553 | +€8,904 | +76.4% |
| Profit (loss) for the period | 9904 | €10,180 | €30,524 | +€20,344 | +200% |
| Profit (loss) for the period to be appropriated | 9905 | €10,180 | €30,524 | +€20,344 | +200% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 23 October 2026 via checked.be.