KATA: 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.
KATA
Largest movements
- Receivables within one year -€73,901
down €73,901 (-92.2%), from €80,189 to €6,288
of which Other amounts receivable: -€69,267
- Current investments +€15,007
up €15,007 (+21.2%), from €70,945 to €85,951
- Tangible fixed assets -€9,111
down €9,111 (-19.2%), from €47,372 to €38,261
of which Furniture and vehicles: -€7,469
- Deferred charges and accrued income -€6,116
down €6,116 (-9.8%), from €62,438 to €56,322
- Reserves -€35,445
down €35,445 (-21.5%), from €164,894 to €129,448
of which Distributable reserves: -€35,445
- Debts after one year -€20,986
no longer reported in 2025 (was €20,986)
- Current portion of long-term debt -€14,941
down €14,941 (-41.6%), from €35,927 to €20,986
- Tax, wage and social debts -€6,872
down €6,872 (-93.4%), from €7,356 to €484
- Gross operating margin +€19,734
up €19,734 (+42.6%), from €46,342 to €66,076
- Taxes +€5,678
up €5,678 (+52.5%), from €10,806 to €16,484
- Depreciation +€3,743
up €3,743 (+59.2%), from €6,325 to €10,067
- Financial charges -€2,693
down €2,693 (-49.0%), from €5,497 to €2,805
- Financial income +€2,052
up €2,052 (+90.8%), from €2,261 to €4,314
of which Non-recurring financial income: +€2,649
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
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €261,197 | €187,076 | -€74,121 | -28.4% |
| Fixed assets | 21/28 | €47,625 | €38,514 | -€9,111 | -19.1% |
| Tangible fixed assets | 22/27 | €47,372 | €38,261 | -€9,111 | -19.2% |
| Land and buildings | 22 | €11,652 | €10,469 | -€1,183 | -10.2% |
| Plant, machinery and equipment | 23 | €2,327 | €1,867 | -€460 | -19.8% |
| Furniture and vehicles | 24 | €33,393 | €25,925 | -€7,469 | -22.4% |
| Financial fixed assets | 28 | €253 | €253 | = | 0.0% |
| Current assets | 29/58 | €213,572 | €148,562 | -€65,010 | -30.4% |
| Amounts receivable within one year | 40/41 | €80,189 | €6,288 | -€73,901 | -92.2% |
| Trade receivables | 40 | €9,004 | €4,370 | -€4,634 | -51.5% |
| Other amounts receivable | 41 | €71,185 | €1,918 | -€69,267 | -97.3% |
| Current investments | 50/53 | €70,945 | €85,951 | +€15,007 | +21.2% |
| Deferred charges and accrued income | 490/1 | €62,438 | €56,322 | -€6,116 | -9.8% |
| Total equity and liabilities | 10/49 | €261,197 | €187,076 | -€74,121 | -28.4% |
| Equity | 10/15 | €183,486 | €148,040 | -€35,445 | -19.3% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €164,894 | €129,448 | -€35,445 | -21.5% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | = | 0.0% |
| Distributable reserves | 133 | €163,034 | €127,589 | -€35,445 | -21.7% |
| Amounts payable | 17/49 | €77,711 | €39,035 | -€38,676 | -49.8% |
| Amounts payable after more than one year | 17 | €20,986 | - | -€20,986 | |
| Financial debts | 170/4 | €20,986 | - | -€20,986 | |
| Amounts payable within one year | 42/48 | €56,726 | €39,035 | -€17,691 | -31.2% |
| Current portion of amounts payable after more than one year | 42 | €35,927 | €20,986 | -€14,941 | -41.6% |
| Financial debts | 43 | €1,695 | €3,717 | +€2,022 | +119% |
| Credit institutions | 430/8 | €1,695 | €3,717 | +€2,022 | +119% |
| Taxes, remuneration and social security | 45 | €7,356 | €484 | -€6,872 | -93.4% |
| Taxes | 450/3 | €7,356 | €484 | -€6,872 | -93.4% |
| Other amounts payable | 47/48 | €11,748 | €13,848 | +€2,100 | +17.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,325 | €10,067 | +€3,743 | +59.2% |
| Other operating charges | 640/8 | €358 | €318 | -€40 | -11.1% |
| Gross operating margin | 9900 | €46,342 | €66,076 | +€19,734 | +42.6% |
| Operating profit (loss) | 9901 | €39,660 | €55,690 | +€16,031 | +40.4% |
| Financial income | 75/76B | €2,261 | €4,314 | +€2,052 | +90.8% |
| Recurring financial income | 75 | €2,261 | €1,665 | -€597 | -26.4% |
| Non-recurring financial income | 76B | - | €2,649 | +€2,649 | |
| Financial charges | 65/66B | €5,497 | €2,805 | -€2,693 | -49.0% |
| Recurring financial charges | 65 | €5,497 | €2,805 | -€2,693 | -49.0% |
| Profit (loss) for the period before taxes | 9903 | €36,423 | €57,200 | +€20,776 | +57.0% |
| Income taxes | 67/77 | €10,806 | €16,484 | +€5,678 | +52.5% |
| Profit (loss) for the period | 9904 | €25,617 | €40,715 | +€15,098 | +58.9% |
| Profit (loss) for the period to be appropriated | 9905 | €25,617 | €40,715 | +€15,098 | +58.9% |
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.