CATWALK: what changed
What changed
CATWALK
NACE 96.220, Beauty care and other beauty treatments
filed annual accounts (NBB)
Net result for the year
€24,366
2024 · €7,614+€16,752
Equity
€121,427
2024 · €97,062+€24,365
Cash
€756
2024 · €24+€732
Balance sheet total
€265,695
2024 · €267,177-€1,482
Largest movements
Assets
- Tangible fixed assets -€7,953
down €7,953 (-3.0%), from €267,138 to €259,185
- Receivables within one year +€5,324
up €5,324, from €0 to €5,324
Equity and liabilities
- Other debts -€27,786
down €27,786 (-25.7%), from €107,939 to €80,153
- Reserves +€24,365
up €24,365 (+27.4%), from €88,779 to €113,144
of which Distributable reserves: +€27,809
- Current portion of long-term debt -€9,765
down €9,765 (-70.2%), from €13,914 to €4,149
- Tax, wage and social debts +€9,601
up €9,601 (+57.4%), from €16,728 to €26,329
- Trade debts +€2,764
up €2,764 (+25.6%), from €10,811 to €13,575
Income statement
- Gross operating margin +€20,526
up €20,526 (+81.3%), from €25,233 to €45,759
- Taxes +€4,957
up €4,957 (+102%), from €4,839 to €9,796
- Financial charges -€930
down €930 (-46.3%), from €2,006 to €1,076
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
€7,614
Gross operating margin
+€20,526
Depreciation
-€0
Other operating charges
-€321
Financial income
-€7
Financial charges
+€930
Taxes
-€4,957
Deferred taxes and other
+€582
Result 2025
€24,366
raises the resultlowers the resultnot broken down further in the accounts
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€10,561
Investment
+€16
Financing
-€9,845
Cash 2024
€24
From operations (derived)
+€10,561
Net result for the year
+€24,366
Depreciation
+€7,953
Receivables within one year
-€5,324
Deferred charges and accrued income
-€430
Provisions
-€582
Trade debts
+€2,764
Tax, wage and social debts
+€9,601
Other debts
-€27,786
Investment (derived)
+€16
Investment in fixed assets (net)
-€0
Current investments
+€16
Financing
-€9,845
Current portion of long-term debt
-€9,765
Short-term financial debts
-€78
Contributions, distributions and other
-€1
Cash 2025
€756
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €267,177 | €265,695 | -€1,482 | -0.6% |
| Fixed assets | 21/28 | €267,138 | €259,185 | -€7,953 | -3.0% |
| Tangible fixed assets | 22/27 | €267,138 | €259,185 | -€7,953 | -3.0% |
| Land and buildings | 22 | €267,138 | €259,185 | -€7,953 | -3.0% |
| Current assets | 29/58 | €40 | €6,510 | +€6,470 | +16,269% |
| Amounts receivable within one year | 40/41 | €0 | €5,324 | +€5,324 | |
| Trade receivables | 40 | €0 | €5,324 | +€5,324 | |
| Current investments | 50/53 | €16 | - | -€16 | |
| Cash at bank and in hand | 54/58 | €24 | €756 | +€732 | +3,116% |
| Deferred charges and accrued income | 490/1 | - | €430 | +€430 | |
| Total equity and liabilities | 10/49 | €267,177 | €265,695 | -€1,482 | -0.6% |
| Equity | 10/15 | €97,062 | €121,427 | +€24,365 | +25.1% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €88,779 | €113,144 | +€24,365 | +27.4% |
| Non-distributable reserves | 130/1 | €1,115 | - | -€1,115 | |
| Reserves not available under the articles | 1311 | €1,115 | - | -€1,115 | |
| Tax-exempt reserves | 132 | €71,663 | €69,335 | -€2,328 | -3.2% |
| Distributable reserves | 133 | €16,000 | €43,809 | +€27,809 | +174% |
| Profit (loss) carried forward | 14 | €2,083 | €2,083 | +€0 | 0.0% |
| Provisions and deferred taxes | 16 | €15,716 | €15,134 | -€582 | -3.7% |
| Deferred taxes | 168 | €15,716 | €15,134 | -€582 | -3.7% |
| Amounts payable | 17/49 | €154,400 | €129,134 | -€25,266 | -16.4% |
| Amounts payable after more than one year | 17 | €0 | - | = | |
| Financial debts | 170/4 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €154,400 | €129,134 | -€25,266 | -16.4% |
| Current portion of amounts payable after more than one year | 42 | €13,914 | €4,149 | -€9,765 | -70.2% |
| Financial debts | 43 | €5,006 | €4,928 | -€78 | -1.6% |
| Credit institutions | 430/8 | €5,006 | €4,928 | -€78 | -1.6% |
| Trade debts | 44 | €10,811 | €13,575 | +€2,764 | +25.6% |
| Suppliers | 440/4 | €10,811 | €13,575 | +€2,764 | +25.6% |
| Taxes, remuneration and social security | 45 | €16,728 | €26,329 | +€9,601 | +57.4% |
| Taxes | 450/3 | €16,728 | €26,329 | +€9,601 | +57.4% |
| Other amounts payable | 47/48 | €107,939 | €80,153 | -€27,786 | -25.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,953 | €7,953 | +€0 | 0.0% |
| Other operating charges | 640/8 | €2,829 | €3,150 | +€321 | +11.3% |
| Gross operating margin | 9900 | €25,233 | €45,759 | +€20,526 | +81.3% |
| Operating profit (loss) | 9901 | €14,451 | €34,656 | +€20,205 | +140% |
| Financial income | 75/76B | €7 | - | -€7 | |
| Recurring financial income | 75 | €7 | - | -€7 | |
| Financial charges | 65/66B | €2,006 | €1,076 | -€930 | -46.3% |
| Recurring financial charges | 65 | €2,006 | €1,076 | -€930 | -46.3% |
| Profit (loss) for the period before taxes | 9903 | €12,453 | €33,580 | +€21,127 | +170% |
| Transfer from deferred taxes | 780 | - | €582 | +€582 | |
| Income taxes | 67/77 | €4,839 | €9,796 | +€4,957 | +102% |
| Profit (loss) for the period | 9904 | €7,614 | €24,366 | +€16,752 | +220% |
| Transfer from tax-exempt reserves | 789 | - | €2,328 | +€2,328 | |
| Profit (loss) for the period to be appropriated | 9905 | €7,614 | €26,694 | +€19,080 | +251% |
Next steps
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 1 November 2026 via checked.be.