Catry-Vancaster: what changed
Two fiscal 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.
Catry-Vancaster
Largest movements
- Deferred charges and accrued income +€25,128
up €25,128 (+33.4%), from €75,173 to €100,301
- Cash -€12,541
no longer reported in 2025 (was €12,541)
mainly Deferred charges and accrued income (-€25,128) and Tax, wage and social debts (-€2,444)
- Tangible fixed assets -€4,158
down €4,158 (-40.8%), from €10,183 to €6,025
- Trade debts +€10,656
up €10,656 (+2473.5%), from €431 to €11,087
- Tax, wage and social debts -€2,444
down €2,444 (-23.4%), from €10,444 to €8,000
of which Taxes: -€2,444
- Short-term financial debts +€1,893
new in 2025: €1,893
- Profit (loss) carried forward -€1,575
down €1,575 (-2.3%), from €67,445 to €65,869
- Gross operating margin -€20,218
down €20,218 (-65.1%), from €31,060 to €10,842
- Taxes -€5,495
down €5,495, from €5,187 to -€308
- Other operating charges -€3,942
down €3,942 (-61.0%), from €6,459 to €2,516
- Financial charges +€1,646
up €1,646 (+37.4%), from €4,405 to €6,051
- Depreciation +€480
up €480 (+13.1%), from €3,677 to €4,158
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 | €106,920 | €115,450 | +€8,530 | +8.0% |
| Fixed assets | 21/28 | €10,408 | €6,250 | -€4,158 | -39.9% |
| Tangible fixed assets | 22/27 | €10,183 | €6,025 | -€4,158 | -40.8% |
| Furniture and vehicles | 24 | €10,183 | €6,025 | -€4,158 | -40.8% |
| Financial fixed assets | 28 | €225 | €225 | = | 0.0% |
| Current assets | 29/58 | €96,512 | €109,199 | +€12,688 | +13.1% |
| Amounts receivable within one year | 40/41 | €8,798 | €8,898 | +€101 | +1.1% |
| Other amounts receivable | 41 | €8,798 | €8,898 | +€101 | +1.1% |
| Cash at bank and in hand | 54/58 | €12,541 | - | -€12,541 | |
| Deferred charges and accrued income | 490/1 | €75,173 | €100,301 | +€25,128 | +33.4% |
| Total equity and liabilities | 10/49 | €106,920 | €115,450 | +€8,530 | +8.0% |
| Equity | 10/15 | €96,045 | €94,469 | -€1,575 | -1.6% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €10,000 | €10,000 | = | 0.0% |
| Distributable reserves | 133 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €67,445 | €65,869 | -€1,575 | -2.3% |
| Amounts payable | 17/49 | €10,875 | €20,980 | +€10,105 | +92.9% |
| Amounts payable within one year | 42/48 | €10,875 | €20,980 | +€10,105 | +92.9% |
| Financial debts | 43 | - | €1,893 | +€1,893 | |
| Other loans | 439 | - | €1,893 | +€1,893 | |
| Trade debts | 44 | €431 | €11,087 | +€10,656 | +2473.5% |
| Suppliers | 440/4 | €431 | €11,087 | +€10,656 | +2473.5% |
| Taxes, remuneration and social security | 45 | €10,444 | €8,000 | -€2,444 | -23.4% |
| Taxes | 450/3 | €2,444 | - | -€2,444 | |
| Remuneration and social security | 454/9 | €8,000 | €8,000 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,677 | €4,158 | +€480 | +13.1% |
| Other operating charges | 640/8 | €6,459 | €2,516 | -€3,942 | -61.0% |
| Gross operating margin | 9900 | €31,060 | €10,842 | -€20,218 | -65.1% |
| Operating profit (loss) | 9901 | €20,924 | €4,168 | -€16,756 | -80.1% |
| Financial income | 75/76B | €0 | - | -€0 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Financial charges | 65/66B | €4,405 | €6,051 | +€1,646 | +37.4% |
| Recurring financial charges | 65 | €4,405 | €6,051 | +€1,646 | +37.4% |
| Profit (loss) for the period before taxes | 9903 | €16,519 | -€1,883 | -€18,403 | |
| Income taxes | 67/77 | €5,187 | -€308 | -€5,495 | |
| Profit (loss) for the period | 9904 | €11,332 | -€1,575 | -€12,908 | |
| Transfer from tax-exempt reserves | 789 | €61,860 | - | -€61,860 | |
| Profit (loss) for the period to be appropriated | 9905 | €73,192 | -€1,575 | -€74,768 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.