CATRO: 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.
CATRO
Largest movements
- Cash -€33,020
down €33,020 (-54.8%), from €60,241 to €27,222
mainly Other debts (-€48,856) and Investment in fixed assets (net) (-€32,812)
- Receivables within one year +€27,005
up €27,005 (+114%), from €23,594 to €50,598
of which Other amounts receivable: +€26,627
- Tangible fixed assets -€15,048
down €15,048 (-2.6%), from €590,105 to €575,057
of which Land and buildings: -€10,107
- Other debts -€48,856
down €48,856 (-28.8%), from €169,737 to €120,881
- Debts after one year +€20,222
up €20,222 (+6.1%), from €332,026 to €352,248
- Trade debts +€12,731
up €12,731 (+85.1%), from €14,958 to €27,689
- Gross operating margin -€28,947
down €28,947 (-16.6%), from €174,455 to €145,508
- Staff costs +€12,111
up €12,111 (+16.2%), from €74,594 to €86,704
- Depreciation +€4,698
up €4,698 (+10.8%), from €43,537 to €48,236
- Taxes -€4,076
down €4,076 (-85.3%), from €4,777 to €701
- Financial charges +€2,005
up €2,005 (+30.4%), from €6,588 to €8,594
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 | €678,930 | €662,877 | -€16,054 | -2.4% |
| Fixed assets | 21/28 | €590,481 | €575,057 | -€15,423 | -2.6% |
| Intangible fixed assets | 21 | €375 | - | -€375 | |
| Tangible fixed assets | 22/27 | €590,105 | €575,057 | -€15,048 | -2.6% |
| Land and buildings | 22 | €555,204 | €545,097 | -€10,107 | -1.8% |
| Plant, machinery and equipment | 23 | €30,565 | €28,493 | -€2,071 | -6.8% |
| Furniture and vehicles | 24 | €4,337 | €1,467 | -€2,870 | -66.2% |
| Current assets | 29/58 | €88,450 | €87,820 | -€630 | -0.7% |
| Stocks and contracts in progress | 3 | €4,615 | €10,000 | +€5,385 | +117% |
| Stocks | 30/36 | €4,615 | €10,000 | +€5,385 | +117% |
| Amounts receivable within one year | 40/41 | €23,594 | €50,598 | +€27,005 | +114% |
| Trade receivables | 40 | €22,579 | €22,957 | +€377 | +1.7% |
| Other amounts receivable | 41 | €1,014 | €27,642 | +€26,627 | +2,625% |
| Cash at bank and in hand | 54/58 | €60,241 | €27,222 | -€33,020 | -54.8% |
| Total equity and liabilities | 10/49 | €678,930 | €662,877 | -€16,054 | -2.4% |
| Equity | 10/15 | €120,611 | €122,435 | +€1,824 | +1.5% |
| Contributions | 10/11 | €40,000 | €40,000 | = | 0.0% |
| Reserves | 13 | €80,611 | €82,435 | +€1,824 | +2.3% |
| Distributable reserves | 133 | €80,611 | €82,435 | +€1,824 | +2.3% |
| Amounts payable | 17/49 | €558,319 | €540,442 | -€17,877 | -3.2% |
| Amounts payable after more than one year | 17 | €332,026 | €352,248 | +€20,222 | +6.1% |
| Financial debts | 170/4 | €332,026 | €352,248 | +€20,222 | +6.1% |
| Amounts payable within one year | 42/48 | €226,294 | €188,194 | -€38,100 | -16.8% |
| Current portion of amounts payable after more than one year | 42 | €29,274 | €29,778 | +€504 | +1.7% |
| Trade debts | 44 | €14,958 | €27,689 | +€12,731 | +85.1% |
| Suppliers | 440/4 | €14,958 | €27,689 | +€12,731 | +85.1% |
| Taxes, remuneration and social security | 45 | €12,325 | €9,846 | -€2,479 | -20.1% |
| Taxes | 450/3 | €6,830 | - | -€6,830 | |
| Remuneration and social security | 454/9 | €5,495 | €9,846 | +€4,351 | +79.2% |
| Other amounts payable | 47/48 | €169,737 | €120,881 | -€48,856 | -28.8% |
| Remuneration, social security and pensions | 62 | €74,594 | €86,704 | +€12,111 | +16.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €43,537 | €48,236 | +€4,698 | +10.8% |
| Other operating charges | 640/8 | - | €64 | +€64 | |
| Gross operating margin | 9900 | €174,455 | €145,508 | -€28,947 | -16.6% |
| Operating profit (loss) | 9901 | €56,324 | €10,504 | -€45,820 | -81.4% |
| Financial income | 75/76B | €242 | €615 | +€372 | +154% |
| Recurring financial income | 75 | €242 | €615 | +€372 | +154% |
| Financial charges | 65/66B | €6,588 | €8,594 | +€2,005 | +30.4% |
| Recurring financial charges | 65 | €6,588 | €8,594 | +€2,005 | +30.4% |
| Profit (loss) for the period before taxes | 9903 | €49,978 | €2,524 | -€47,453 | -94.9% |
| Income taxes | 67/77 | €4,777 | €701 | -€4,076 | -85.3% |
| Profit (loss) for the period | 9904 | €45,201 | €1,824 | -€43,377 | -96.0% |
| Profit (loss) for the period to be appropriated | 9905 | €45,201 | €1,824 | -€43,377 | -96.0% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 21 October 2026 via checked.be.