CatTo Management: 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.
CatTo Management
Largest movements
- Cash +€27,201
up €27,201 (+76.4%), from €35,602 to €62,803
mainly Net result for the year (+€79,865) and Other debts (+€28,284)
- Tangible fixed assets +€19,146
up €19,146 (+9.5%), from €202,319 to €221,465
of which Land and buildings: +€17,954
- Debts after one year -€30,834
down €30,834 (-33.2%), from €92,894 to €62,060
- Reserves +€30,457
up €30,457 (+17.6%), from €172,728 to €203,185
of which Distributable reserves: +€30,457
- Other debts +€28,284
up €28,284 (+87.6%), from €32,300 to €60,584
- Trade debts +€16,118
up €16,118 (+426%), from €3,784 to €19,902
- Gross operating margin -€8,857
down €8,857 (-6.4%), from €139,097 to €130,240
- Financial income +€4,384
up €4,384 (+1,445%), from €303 to €4,688
- Taxes -€2,794
down €2,794 (-7.3%), from €38,089 to €35,295
- Depreciation +€2,702
up €2,702 (+49.9%), from €5,411 to €8,113
- Financial charges +€1,553
up €1,553 (+17.2%), from €9,032 to €10,585
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 | €397,464 | €442,196 | +€44,732 | +11.3% |
| Fixed assets | 21/28 | €298,319 | €317,465 | +€19,146 | +6.4% |
| Tangible fixed assets | 22/27 | €202,319 | €221,465 | +€19,146 | +9.5% |
| Land and buildings | 22 | €200,498 | €218,452 | +€17,954 | +9.0% |
| Furniture and vehicles | 24 | €1,821 | €3,013 | +€1,192 | +65.5% |
| Financial fixed assets | 28 | €96,000 | €96,000 | = | 0.0% |
| Current assets | 29/58 | €99,145 | €124,731 | +€25,586 | +25.8% |
| Amounts receivable within one year | 40/41 | €58,903 | €54,565 | -€4,338 | -7.4% |
| Trade receivables | 40 | €48,952 | €51,867 | +€2,915 | +6.0% |
| Other amounts receivable | 41 | €9,951 | €2,697 | -€7,253 | -72.9% |
| Cash at bank and in hand | 54/58 | €35,602 | €62,803 | +€27,201 | +76.4% |
| Deferred charges and accrued income | 490/1 | €4,640 | €7,364 | +€2,723 | +58.7% |
| Total equity and liabilities | 10/49 | €397,464 | €442,196 | +€44,732 | +11.3% |
| Equity | 10/15 | €192,114 | €222,571 | +€30,457 | +15.9% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €172,728 | €203,185 | +€30,457 | +17.6% |
| Tax-exempt reserves | 132 | €3,488 | €3,488 | = | 0.0% |
| Distributable reserves | 133 | €169,240 | €199,697 | +€30,457 | +18.0% |
| Profit (loss) carried forward | 14 | €786 | €786 | = | 0.0% |
| Amounts payable | 17/49 | €205,350 | €219,625 | +€14,275 | +7.0% |
| Amounts payable after more than one year | 17 | €92,894 | €62,060 | -€30,834 | -33.2% |
| Financial debts | 170/4 | €92,894 | €62,060 | -€30,834 | -33.2% |
| Amounts payable within one year | 42/48 | €110,578 | €155,975 | +€45,397 | +41.1% |
| Current portion of amounts payable after more than one year | 42 | €55,549 | €56,066 | +€517 | +0.9% |
| Trade debts | 44 | €3,784 | €19,902 | +€16,118 | +426% |
| Suppliers | 440/4 | €3,784 | €19,902 | +€16,118 | +426% |
| Taxes, remuneration and social security | 45 | €18,945 | €19,423 | +€478 | +2.5% |
| Taxes | 450/3 | €18,945 | €19,423 | +€478 | +2.5% |
| Other amounts payable | 47/48 | €32,300 | €60,584 | +€28,284 | +87.6% |
| Accrued charges and deferred income | 492/3 | €1,878 | €1,590 | -€288 | -15.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,411 | €8,113 | +€2,702 | +49.9% |
| Other operating charges | 640/8 | €652 | €1,069 | +€417 | +64.0% |
| Gross operating margin | 9900 | €139,097 | €130,240 | -€8,857 | -6.4% |
| Operating profit (loss) | 9901 | €133,034 | €121,058 | -€11,976 | -9.0% |
| Financial income | 75/76B | €303 | €4,688 | +€4,384 | +1,445% |
| Recurring financial income | 75 | €303 | €4,688 | +€4,384 | +1,445% |
| Financial charges | 65/66B | €9,032 | €10,585 | +€1,553 | +17.2% |
| Recurring financial charges | 65 | €9,032 | €10,585 | +€1,553 | +17.2% |
| Profit (loss) for the period before taxes | 9903 | €124,305 | €115,161 | -€9,144 | -7.4% |
| Income taxes | 67/77 | €38,089 | €35,295 | -€2,794 | -7.3% |
| Profit (loss) for the period | 9904 | €86,216 | €79,865 | -€6,351 | -7.4% |
| Profit (loss) for the period to be appropriated | 9905 | €86,216 | €79,865 | -€6,351 | -7.4% |
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 16 October 2026 via checked.be.