KAT-PAT: 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-PAT
Largest movements
- Tangible fixed assets +€430
up €430 (+1.4%), from €30,749 to €31,178
of which Plant, machinery and equipment: +€430
- Cash -€361
down €361 (-53.4%), from €677 to €316
mainly Net result for the year (-€4,023) and Investment in fixed assets (net) (-€2,332)
- Other debts +€4,060
up €4,060 (+8.5%), from €47,780 to €51,840
- Profit (loss) carried forward -€4,023
down €4,023 (-9.0%), from -€44,656 to -€48,680
- Gross operating margin -€3,854
down €3,854 (-92.3%), from €4,174 to €320
- Depreciation +€117
up €117 (+6.5%), from €1,786 to €1,902
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 | €31,536 | €31,596 | +€60 | +0.2% |
| Fixed assets | 21/28 | €30,749 | €31,178 | +€430 | +1.4% |
| Tangible fixed assets | 22/27 | €30,749 | €31,178 | +€430 | +1.4% |
| Land and buildings | 22 | €22,040 | €22,040 | = | 0.0% |
| Plant, machinery and equipment | 23 | €8,709 | €9,138 | +€430 | +4.9% |
| Furniture and vehicles | 24 | €0 | - | = | |
| Current assets | 29/58 | €787 | €417 | -€370 | -47.0% |
| Amounts receivable within one year | 40/41 | €0 | - | = | |
| Other amounts receivable | 41 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €677 | €316 | -€361 | -53.4% |
| Deferred charges and accrued income | 490/1 | €110 | €102 | -€8 | -7.7% |
| Total equity and liabilities | 10/49 | €31,536 | €31,596 | +€60 | +0.2% |
| Equity | 10/15 | -€16,271 | -€20,295 | -€4,023 | -24.7% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €9,793 | €9,793 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Other | 1319 | €1,859 | €1,859 | = | 0.0% |
| Distributable reserves | 133 | €7,934 | €7,934 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€44,656 | -€48,680 | -€4,023 | -9.0% |
| Amounts payable | 17/49 | €47,807 | €51,890 | +€4,084 | +8.5% |
| Amounts payable within one year | 42/48 | €47,807 | €51,890 | +€4,084 | +8.5% |
| Trade debts | 44 | €26 | €50 | +€24 | +88.9% |
| Suppliers | 440/4 | €26 | €50 | +€24 | +88.9% |
| Other amounts payable | 47/48 | €47,780 | €51,840 | +€4,060 | +8.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,786 | €1,902 | +€117 | +6.5% |
| Other operating charges | 640/8 | €2,321 | €2,296 | -€25 | -1.1% |
| Gross operating margin | 9900 | €4,174 | €320 | -€3,854 | -92.3% |
| Operating profit (loss) | 9901 | €67 | -€3,878 | -€3,946 | |
| Financial charges | 65/66B | €147 | €145 | -€2 | -1.2% |
| Recurring financial charges | 65 | €147 | €145 | -€2 | -1.2% |
| Profit (loss) for the period before taxes | 9903 | -€80 | -€4,023 | -€3,944 | -4,956% |
| Profit (loss) for the period | 9904 | -€80 | -€4,023 | -€3,944 | -4,956% |
| Profit (loss) for the period to be appropriated | 9905 | -€80 | -€4,023 | -€3,944 | -4,956% |
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 15 October 2026 via checked.be.