FDR STE 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.
FDR STE CATHERINE
Largest movements
- Cash -€65,323
down €65,323 (-55.9%), from €116,954 to €51,631
mainly Receivables within one year (-€22,437) and Trade debts (-€22,245)
- Receivables within one year +€22,437
up €22,437 (+98.8%), from €22,699 to €45,135
of which Other amounts receivable: +€19,101
- Deferred charges and accrued income +€7,703
new in 2025: €7,703
- Stocks and contracts -€4,969
down €4,969 (-36.6%), from €13,574 to €8,605
- Trade debts -€22,245
down €22,245 (-50.9%), from €43,697 to €21,452
- Tax, wage and social debts +€21,605
up €21,605 (+93.0%), from €23,239 to €44,843
of which Remuneration and social security: +€18,477
- Current portion of long-term debt -€20,375
down €20,375 (-63.1%), from €32,302 to €11,926
- Profit (loss) carried forward -€13,403
down €13,403 (-29.7%), from €45,090 to €31,687
- Debts after one year -€9,501
no longer reported in 2025 (was €9,501)
- Staff costs +€54,219
up €54,219 (+49.3%), from €109,915 to €164,134
- Gross operating margin -€38,209
down €38,209 (-18.7%), from €203,942 to €165,733
- Taxes -€8,591
down €8,591 (-95.8%), from €8,965 to €373
- Depreciation -€4,317
down €4,317 (-34.8%), from €12,406 to €8,089
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 | €173,828 | €134,206 | -€39,623 | -22.8% |
| Fixed assets | 21/28 | €20,601 | €21,132 | +€531 | +2.6% |
| Tangible fixed assets | 22/27 | €19,326 | €20,857 | +€1,531 | +7.9% |
| Plant, machinery and equipment | 23 | €643 | €4,008 | +€3,365 | +523% |
| Other tangible fixed assets | 26 | €18,683 | €16,849 | -€1,834 | -9.8% |
| Financial fixed assets | 28 | €1,275 | €275 | -€1,000 | -78.4% |
| Current assets | 29/58 | €153,227 | €113,074 | -€40,153 | -26.2% |
| Stocks and contracts in progress | 3 | €13,574 | €8,605 | -€4,969 | -36.6% |
| Stocks | 30/36 | €13,574 | €8,605 | -€4,969 | -36.6% |
| Amounts receivable within one year | 40/41 | €22,699 | €45,135 | +€22,437 | +98.8% |
| Trade receivables | 40 | €2,016 | €5,351 | +€3,335 | +165% |
| Other amounts receivable | 41 | €20,683 | €39,784 | +€19,101 | +92.4% |
| Cash at bank and in hand | 54/58 | €116,954 | €51,631 | -€65,323 | -55.9% |
| Deferred charges and accrued income | 490/1 | - | €7,703 | +€7,703 | |
| Total equity and liabilities | 10/49 | €173,828 | €134,206 | -€39,623 | -22.8% |
| Equity | 10/15 | €65,090 | €51,687 | -€13,403 | -20.6% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €45,090 | €31,687 | -€13,403 | -29.7% |
| Amounts payable | 17/49 | €108,739 | €82,519 | -€26,220 | -24.1% |
| Amounts payable after more than one year | 17 | €9,501 | - | -€9,501 | |
| Financial debts | 170/4 | €9,501 | - | -€9,501 | |
| Amounts payable within one year | 42/48 | €99,237 | €78,222 | -€21,016 | -21.2% |
| Current portion of amounts payable after more than one year | 42 | €32,302 | €11,926 | -€20,375 | -63.1% |
| Trade debts | 44 | €43,697 | €21,452 | -€22,245 | -50.9% |
| Suppliers | 440/4 | €43,697 | €21,452 | -€22,245 | -50.9% |
| Taxes, remuneration and social security | 45 | €23,239 | €44,843 | +€21,605 | +93.0% |
| Taxes | 450/3 | €18,283 | €21,411 | +€3,128 | +17.1% |
| Remuneration and social security | 454/9 | €4,956 | €23,432 | +€18,477 | +373% |
| Accrued charges and deferred income | 492/3 | - | €4,297 | +€4,297 | |
| Remuneration, social security and pensions | 62 | €109,915 | €164,134 | +€54,219 | +49.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,406 | €8,089 | -€4,317 | -34.8% |
| Other operating charges | 640/8 | €1,432 | €1,016 | -€416 | -29.0% |
| Gross operating margin | 9900 | €203,942 | €165,733 | -€38,209 | -18.7% |
| Operating profit (loss) | 9901 | €80,189 | -€7,506 | -€87,695 | |
| Financial income | 75/76B | €176 | €385 | +€209 | +119% |
| Recurring financial income | 75 | €176 | €385 | +€209 | +119% |
| Financial charges | 65/66B | €6,928 | €5,908 | -€1,019 | -14.7% |
| Recurring financial charges | 65 | €6,928 | €5,908 | -€1,019 | -14.7% |
| Profit (loss) for the period before taxes | 9903 | €73,437 | -€13,029 | -€86,467 | |
| Income taxes | 67/77 | €8,965 | €373 | -€8,591 | -95.8% |
| Profit (loss) for the period | 9904 | €64,472 | -€13,403 | -€77,875 | |
| Profit (loss) for the period to be appropriated | 9905 | €64,472 | -€13,403 | -€77,875 |
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 23 October 2026 via checked.be.