KAT-JOL: 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.
KAT-JOL
Largest movements
- Receivables within one year -€4,281
down €4,281 (-60.9%), from €7,030 to €2,749
of which Other amounts receivable: -€3,802
- Cash +€1,742
up €1,742 (+47.7%), from €3,650 to €5,392
mainly Receivables within one year (+€4,281) and Deferred charges and accrued income (+€1,290)
- Deferred charges and accrued income -€1,290
down €1,290 (-77.6%), from €1,662 to €372
- Tangible fixed assets -€196
down €196 (-7.5%), from €2,629 to €2,433
of which Plant, machinery and equipment: -€542
- Other debts -€2,580
down €2,580 (-24.9%), from €10,355 to €7,775
- Profit (loss) carried forward -€1,793
down €1,793 (-47.5%), from -€3,777 to -€5,570
- Tax, wage and social debts +€588
up €588 (+72.0%), from €817 to €1,405
of which Taxes: +€540
- Trade debts -€297
down €297 (-11.3%), from €2,633 to €2,336
- Gross operating margin -€24,096
down €24,096 (-63.3%), from €38,068 to €13,972
- Other operating charges +€2,344
up €2,344 (+18.3%), from €12,820 to €15,164
- Depreciation -€1,248
down €1,248 (-69.0%), from €1,809 to €561
- Financial income +€559
up €559 (+2,150%), from €26 to €585
of which Non-recurring financial income: +€470
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 | €15,028 | €10,946 | -€4,082 | -27.2% |
| Formation expenses | 20 | €57 | €0 | -€57 | -100% |
| Fixed assets | 21/28 | €2,629 | €2,433 | -€196 | -7.5% |
| Tangible fixed assets | 22/27 | €2,629 | €2,433 | -€196 | -7.5% |
| Plant, machinery and equipment | 23 | €2,589 | €2,047 | -€542 | -20.9% |
| Furniture and vehicles | 24 | €40 | €386 | +€346 | +865% |
| Current assets | 29/58 | €12,342 | €8,513 | -€3,829 | -31.0% |
| Amounts receivable within one year | 40/41 | €7,030 | €2,749 | -€4,281 | -60.9% |
| Trade receivables | 40 | €3,228 | €2,749 | -€479 | -14.8% |
| Other amounts receivable | 41 | €3,802 | - | -€3,802 | |
| Cash at bank and in hand | 54/58 | €3,650 | €5,392 | +€1,742 | +47.7% |
| Deferred charges and accrued income | 490/1 | €1,662 | €372 | -€1,290 | -77.6% |
| Total equity and liabilities | 10/49 | €15,028 | €10,946 | -€4,082 | -27.2% |
| Equity | 10/15 | €1,223 | -€570 | -€1,793 | |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€3,777 | -€5,570 | -€1,793 | -47.5% |
| Amounts payable | 17/49 | €13,805 | €11,516 | -€2,289 | -16.6% |
| Amounts payable within one year | 42/48 | €13,805 | €11,516 | -€2,289 | -16.6% |
| Trade debts | 44 | €2,633 | €2,336 | -€297 | -11.3% |
| Suppliers | 440/4 | €2,633 | €2,336 | -€297 | -11.3% |
| Taxes, remuneration and social security | 45 | €817 | €1,405 | +€588 | +72.0% |
| Taxes | 450/3 | €748 | €1,288 | +€540 | +72.2% |
| Remuneration and social security | 454/9 | €69 | €117 | +€48 | +69.6% |
| Other amounts payable | 47/48 | €10,355 | €7,775 | -€2,580 | -24.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,809 | €561 | -€1,248 | -69.0% |
| Other operating charges | 640/8 | €12,820 | €15,164 | +€2,344 | +18.3% |
| Non-recurring operating charges | 66A | - | €98 | +€98 | |
| Gross operating margin | 9900 | €38,068 | €13,972 | -€24,096 | -63.3% |
| Operating profit (loss) | 9901 | €23,439 | -€1,851 | -€25,290 | |
| Financial income | 75/76B | €26 | €585 | +€559 | +2,150% |
| Recurring financial income | 75 | €26 | €115 | +€89 | +342% |
| Non-recurring financial income | 76B | - | €470 | +€470 | |
| Financial charges | 65/66B | €283 | €328 | +€45 | +15.9% |
| Recurring financial charges | 65 | €283 | €328 | +€45 | +15.9% |
| Profit (loss) for the period before taxes | 9903 | €23,182 | -€1,594 | -€24,776 | |
| Income taxes | 67/77 | €198 | €199 | +€1 | +0.5% |
| Profit (loss) for the period | 9904 | €22,984 | -€1,793 | -€24,777 | |
| Profit (loss) for the period to be appropriated | 9905 | €22,984 | -€1,793 | -€24,777 |
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.