DE KATTEIE: 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.
DE KATTEIE
Largest movements
- Cash -€155,357
down €155,357 (-53.2%), from €291,919 to €136,562
mainly Investment in fixed assets (net) (-€164,801) and Debts after one year (-€22,692)
- Tangible fixed assets +€123,543
up €123,543 (+42.2%), from €292,712 to €416,254
of which Land and buildings: +€123,455
- Stocks and contracts -€14,688
down €14,688 (-72.8%), from €20,171 to €5,484
- Receivables within one year -€9,928
down €9,928 (-87.0%), from €11,412 to €1,484
of which Trade receivables: -€10,657
- Debts after one year -€22,692
down €22,692 (-6.8%), from €334,116 to €311,424
- Trade debts -€22,213
down €22,213 (-44.6%), from €49,830 to €27,617
- Current portion of long-term debt -€20,809
down €20,809 (-47.8%), from €43,501 to €22,692
- Other debts +€9,852
up €9,852 (+5.6%), from €175,120 to €184,972
- Tax, wage and social debts -€8,791
down €8,791 (-41.5%), from €21,173 to €12,382
of which Remuneration and social security: -€8,516
- Gross operating margin -€19,030
down €19,030 (-8.4%), from €226,905 to €207,876
- Staff costs -€16,630
down €16,630 (-9.9%), from €167,652 to €151,022
- Financial income -€2,704
down €2,704 (-91.8%), from €2,945 to €241
- Financial charges -€2,354
down €2,354 (-20.5%), from €11,509 to €9,155
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 | €627,233 | €565,656 | -€61,577 | -9.8% |
| Fixed assets | 21/28 | €292,982 | €416,524 | +€123,543 | +42.2% |
| Tangible fixed assets | 22/27 | €292,712 | €416,254 | +€123,543 | +42.2% |
| Land and buildings | 22 | €221,853 | €345,308 | +€123,455 | +55.6% |
| Plant, machinery and equipment | 23 | €60,164 | €61,809 | +€1,644 | +2.7% |
| Furniture and vehicles | 24 | €10,694 | €9,138 | -€1,557 | -14.6% |
| Financial fixed assets | 28 | €270 | €270 | = | 0.0% |
| Current assets | 29/58 | €334,252 | €149,132 | -€185,120 | -55.4% |
| Stocks and contracts in progress | 3 | €20,171 | €5,484 | -€14,688 | -72.8% |
| Stocks | 30/36 | €20,171 | €5,484 | -€14,688 | -72.8% |
| Amounts receivable within one year | 40/41 | €11,412 | €1,484 | -€9,928 | -87.0% |
| Trade receivables | 40 | €11,261 | €604 | -€10,657 | -94.6% |
| Other amounts receivable | 41 | €151 | €880 | +€729 | +483% |
| Current investments | 50/53 | €2,349 | €2,349 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €291,919 | €136,562 | -€155,357 | -53.2% |
| Deferred charges and accrued income | 490/1 | €8,400 | €3,253 | -€5,147 | -61.3% |
| Total equity and liabilities | 10/49 | €627,233 | €565,656 | -€61,577 | -9.8% |
| Equity | 10/15 | €1,584 | €3,661 | +€2,077 | +131% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€17,016 | -€14,939 | +€2,077 | +12.2% |
| Amounts payable | 17/49 | €625,650 | €561,996 | -€63,654 | -10.2% |
| Amounts payable after more than one year | 17 | €334,116 | €311,424 | -€22,692 | -6.8% |
| Financial debts | 170/4 | €334,116 | €311,424 | -€22,692 | -6.8% |
| Amounts payable within one year | 42/48 | €289,662 | €249,345 | -€40,317 | -13.9% |
| Current portion of amounts payable after more than one year | 42 | €43,501 | €22,692 | -€20,809 | -47.8% |
| Financial debts | 43 | €37 | €1,681 | +€1,644 | +4,434% |
| Credit institutions | 430/8 | €37 | €1,681 | +€1,644 | +4,434% |
| Trade debts | 44 | €49,830 | €27,617 | -€22,213 | -44.6% |
| Suppliers | 440/4 | €49,830 | €27,617 | -€22,213 | -44.6% |
| Taxes, remuneration and social security | 45 | €21,173 | €12,382 | -€8,791 | -41.5% |
| Taxes | 450/3 | €12,657 | €12,382 | -€275 | -2.2% |
| Remuneration and social security | 454/9 | €8,516 | - | -€8,516 | |
| Other amounts payable | 47/48 | €175,120 | €184,972 | +€9,852 | +5.6% |
| Accrued charges and deferred income | 492/3 | €1,872 | €1,228 | -€644 | -34.4% |
| Remuneration, social security and pensions | 62 | €167,652 | €151,022 | -€16,630 | -9.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €43,165 | €41,258 | -€1,906 | -4.4% |
| Other operating charges | 640/8 | €3,607 | €4,292 | +€685 | +19.0% |
| Gross operating margin | 9900 | €226,905 | €207,876 | -€19,030 | -8.4% |
| Operating profit (loss) | 9901 | €12,481 | €11,302 | -€1,179 | -9.4% |
| Financial income | 75/76B | €2,945 | €241 | -€2,704 | -91.8% |
| Recurring financial income | 75 | €2,945 | €241 | -€2,704 | -91.8% |
| Financial charges | 65/66B | €11,509 | €9,155 | -€2,354 | -20.5% |
| Recurring financial charges | 65 | €11,509 | €9,155 | -€2,354 | -20.5% |
| Profit (loss) for the period before taxes | 9903 | €3,917 | €2,389 | -€1,528 | -39.0% |
| Income taxes | 67/77 | €2,346 | €312 | -€2,034 | -86.7% |
| Profit (loss) for the period | 9904 | €1,571 | €2,077 | +€506 | +32.2% |
| Profit (loss) for the period to be appropriated | 9905 | €1,571 | €2,077 | +€506 | +32.2% |
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 22 October 2026 via checked.be.