CATTEO LAW: 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.
CATTEO LAW
Largest movements
- Cash +€106,809
up €106,809 (+80.0%), from €133,457 to €240,266
mainly Net result for the year (+€76,304) and Tax, wage and social debts (+€29,766)
- Reserves +€76,304
up €76,304 (+74.7%), from €102,215 to €178,519
- Tax, wage and social debts +€29,766
up €29,766 (+110.9%), from €26,842 to €56,608
- Gross operating margin +€17,554
up €17,554 (+19.8%), from €88,740 to €106,294
- Taxes +€1,476
up €1,476 (+5.2%), from €28,289 to €29,766
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 | €133,457 | €240,266 | +€106,809 | +80.0% |
| Current assets | 29/58 | €133,457 | €240,266 | +€106,809 | +80.0% |
| Cash at bank and in hand | 54/58 | €133,457 | €240,266 | +€106,809 | +80.0% |
| Total equity and liabilities | 10/49 | €133,457 | €240,266 | +€106,809 | +80.0% |
| Equity | 10/15 | €104,215 | €180,519 | +€76,304 | +73.2% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €102,215 | €178,519 | +€76,304 | +74.7% |
| Distributable reserves | 133 | €102,215 | €178,519 | +€76,304 | +74.7% |
| Amounts payable | 17/49 | €29,242 | €59,747 | +€30,505 | +104.3% |
| Amounts payable within one year | 42/48 | €29,242 | €59,747 | +€30,505 | +104.3% |
| Trade debts | 44 | €741 | €1,352 | +€611 | +82.4% |
| Suppliers | 440/4 | €741 | €1,352 | +€611 | +82.4% |
| Taxes, remuneration and social security | 45 | €26,842 | €56,608 | +€29,766 | +110.9% |
| Taxes | 450/3 | €26,842 | €56,608 | +€29,766 | +110.9% |
| Other amounts payable | 47/48 | €1,659 | €1,788 | +€129 | +7.8% |
| Gross operating margin | 9900 | €88,740 | €106,294 | +€17,554 | +19.8% |
| Operating profit (loss) | 9901 | €88,740 | €106,294 | +€17,554 | +19.8% |
| Financial charges | 65/66B | €208 | €225 | +€17 | +8.2% |
| Recurring financial charges | 65 | €208 | €225 | +€17 | +8.2% |
| Profit (loss) for the period before taxes | 9903 | €88,532 | €106,069 | +€17,537 | +19.8% |
| Income taxes | 67/77 | €28,289 | €29,766 | +€1,476 | +5.2% |
| Profit (loss) for the period | 9904 | €60,243 | €76,304 | +€16,061 | +26.7% |
| Profit (loss) for the period to be appropriated | 9905 | €60,243 | €76,304 | +€16,061 | +26.7% |
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 9 October 2026 via checked.be.