EXPRESS SAINTE-CATHERINE: 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.
EXPRESS SAINTE-CATHERINE
Largest movements
- Deferred charges and accrued income -€37,695
down €37,695 (-53.0%), from €71,060 to €33,365
- Cash -€10,594
down €10,594 (-21.8%), from €48,649 to €38,055
mainly Tax, wage and social debts (-€54,520) and Current portion of long-term debt (-€28,581)
- Receivables within one year +€10,188
up €10,188 (+1.8%), from €573,666 to €583,854
of which Other amounts receivable: +€29,297
- Tangible fixed assets -€9,906
down €9,906 (-33.6%), from €29,492 to €19,586
of which Furniture and vehicles: -€9,203
- Tax, wage and social debts -€54,520
down €54,520 (-27.9%), from €195,316 to €140,796
of which Taxes: -€41,299
- Profit (loss) carried forward +€42,463
up €42,463 (+131%), from €32,450 to €74,913
- Current portion of long-term debt -€28,581
no longer reported in 2025 (was €28,581)
- Financial income -€32,954
down €32,954 (-98.2%), from €33,544 to €590
- Gross operating margin -€17,507
down €17,507 (-4.0%), from €442,627 to €425,120
- Taxes -€12,532
down €12,532 (-48.7%), from €25,739 to €13,208
- Staff costs +€9,896
up €9,896 (+3.1%), from €314,179 to €324,075
- Financial charges -€7,468
down €7,468 (-18.2%), from €40,977 to €33,509
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 | €788,737 | €747,318 | -€41,420 | -5.3% |
| Fixed assets | 21/28 | €29,492 | €19,586 | -€9,906 | -33.6% |
| Tangible fixed assets | 22/27 | €29,492 | €19,586 | -€9,906 | -33.6% |
| Plant, machinery and equipment | 23 | €16,488 | €15,906 | -€582 | -3.5% |
| Furniture and vehicles | 24 | €12,423 | €3,221 | -€9,203 | -74.1% |
| Other tangible fixed assets | 26 | €581 | €459 | -€121 | -20.9% |
| Current assets | 29/58 | €759,245 | €727,732 | -€31,514 | -4.2% |
| Stocks and contracts in progress | 3 | €65,871 | €72,458 | +€6,587 | +10.0% |
| Stocks | 30/36 | €65,871 | €72,458 | +€6,587 | +10.0% |
| Amounts receivable within one year | 40/41 | €573,666 | €583,854 | +€10,188 | +1.8% |
| Trade receivables | 40 | €36,224 | €17,115 | -€19,109 | -52.8% |
| Other amounts receivable | 41 | €537,442 | €566,739 | +€29,297 | +5.5% |
| Cash at bank and in hand | 54/58 | €48,649 | €38,055 | -€10,594 | -21.8% |
| Deferred charges and accrued income | 490/1 | €71,060 | €33,365 | -€37,695 | -53.0% |
| Total equity and liabilities | 10/49 | €788,737 | €747,318 | -€41,420 | -5.3% |
| Equity | 10/15 | €185,424 | €227,887 | +€42,463 | +22.9% |
| Contributions | 10/11 | €40,000 | €40,000 | = | 0.0% |
| Reserves | 13 | €112,974 | €112,974 | = | 0.0% |
| Non-distributable reserves | 130/1 | €4,000 | €4,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €4,000 | €4,000 | = | 0.0% |
| Tax-exempt reserves | 132 | €33,974 | €33,974 | = | 0.0% |
| Distributable reserves | 133 | €75,000 | €75,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €32,450 | €74,913 | +€42,463 | +131% |
| Amounts payable | 17/49 | €603,313 | €519,430 | -€83,883 | -13.9% |
| Amounts payable within one year | 42/48 | €591,088 | €511,970 | -€79,118 | -13.4% |
| Current portion of amounts payable after more than one year | 42 | €28,581 | - | -€28,581 | |
| Trade debts | 44 | €367,191 | €371,174 | +€3,983 | +1.1% |
| Suppliers | 440/4 | €367,191 | €371,174 | +€3,983 | +1.1% |
| Taxes, remuneration and social security | 45 | €195,316 | €140,796 | -€54,520 | -27.9% |
| Taxes | 450/3 | €84,373 | €43,075 | -€41,299 | -48.9% |
| Remuneration and social security | 454/9 | €110,942 | €97,721 | -€13,221 | -11.9% |
| Accrued charges and deferred income | 492/3 | €12,226 | €7,461 | -€4,765 | -39.0% |
| Remuneration, social security and pensions | 62 | €314,179 | €324,075 | +€9,896 | +3.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,238 | €7,973 | -€3,265 | -29.1% |
| Other operating charges | 640/8 | €5,568 | €4,482 | -€1,086 | -19.5% |
| Gross operating margin | 9900 | €442,627 | €425,120 | -€17,507 | -4.0% |
| Operating profit (loss) | 9901 | €111,642 | €88,590 | -€23,052 | -20.6% |
| Financial income | 75/76B | €33,544 | €590 | -€32,954 | -98.2% |
| Recurring financial income | 75 | €33,544 | €590 | -€32,954 | -98.2% |
| Financial charges | 65/66B | €40,977 | €33,509 | -€7,468 | -18.2% |
| Recurring financial charges | 65 | €40,977 | €33,509 | -€7,468 | -18.2% |
| Profit (loss) for the period before taxes | 9903 | €104,209 | €55,671 | -€48,538 | -46.6% |
| Income taxes | 67/77 | €25,739 | €13,208 | -€12,532 | -48.7% |
| Profit (loss) for the period | 9904 | €78,469 | €42,463 | -€36,006 | -45.9% |
| Profit (loss) for the period to be appropriated | 9905 | €78,469 | €42,463 | -€36,006 | -45.9% |
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 26 October 2026 via checked.be.