KATALAY: what changed
Two fiscal 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.
KATALAY
Largest movements
- Receivables within one year +€89,050
up €89,050 (+14.4%), from €618,901 to €707,951
- Cash +€32,020
up €32,020 (+145.2%), from €22,057 to €54,077
mainly Other debts (+€289,000) and Net result for the year (+€163,628)
- Other debts +€289,000
new in 2025: €289,000
- Profit (loss) carried forward -€71,372
down €71,372 (-31.7%), from €225,122 to €153,749
- Reserves -€54,000
down €54,000 (-25.6%), from €210,860 to €156,860
- Current portion of long-term debt -€38,158
down €38,158 (-52.0%), from €73,362 to €35,204
- Debts after one year -€35,204
down €35,204 (-33.9%), from €103,803 to €68,600
- Financial charges -€444,014
down €444,014 (-99.2%), from €447,569 to €3,555
of which Non-recurring financial charges: -€437,903
- Gross operating margin -€17,953
down €17,953 (-7.8%), from €230,851 to €212,898
- Taxes +€15,743
up €15,743 (+31.3%), from €50,273 to €66,016
- Financial income -€7,884
down €7,884 (-26.9%), from €29,312 to €21,427
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.
Cash bridge derived
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 | €806,227 | €924,895 | +€118,668 | +14.7% |
| Fixed assets | 21/28 | €2,226 | €2,769 | +€543 | +24.4% |
| Tangible fixed assets | 22/27 | €2,159 | €2,702 | +€543 | +25.2% |
| Furniture and vehicles | 24 | €2,159 | €2,702 | +€543 | +25.2% |
| Financial fixed assets | 28 | €67 | €67 | = | 0.0% |
| Current assets | 29/58 | €804,001 | €922,126 | +€118,125 | +14.7% |
| Amounts receivable within one year | 40/41 | €618,901 | €707,951 | +€89,050 | +14.4% |
| Other amounts receivable | 41 | €618,901 | €707,951 | +€89,050 | +14.4% |
| Cash at bank and in hand | 54/58 | €22,057 | €54,077 | +€32,020 | +145.2% |
| Deferred charges and accrued income | 490/1 | €163,042 | €160,098 | -€2,944 | -1.8% |
| Total equity and liabilities | 10/49 | €806,227 | €924,895 | +€118,668 | +14.7% |
| Equity | 10/15 | €448,382 | €323,009 | -€125,372 | -28.0% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €210,860 | €156,860 | -€54,000 | -25.6% |
| Distributable reserves | 133 | €210,860 | €156,860 | -€54,000 | -25.6% |
| Profit (loss) carried forward | 14 | €225,122 | €153,749 | -€71,372 | -31.7% |
| Provisions and deferred taxes | 16 | €40,000 | €40,000 | = | 0.0% |
| Provisions for liabilities and charges | 160/5 | €40,000 | €40,000 | = | 0.0% |
| Pensions and similar obligations | 160 | €40,000 | €40,000 | = | 0.0% |
| Amounts payable | 17/49 | €317,845 | €561,886 | +€244,040 | +76.8% |
| Amounts payable after more than one year | 17 | €103,803 | €68,600 | -€35,204 | -33.9% |
| Financial debts | 170/4 | €103,803 | €68,600 | -€35,204 | -33.9% |
| Amounts payable within one year | 42/48 | €214,042 | €493,286 | +€279,244 | +130.5% |
| Current portion of amounts payable after more than one year | 42 | €73,362 | €35,204 | -€38,158 | -52.0% |
| Trade debts | 44 | €5,603 | €1,190 | -€4,413 | -78.8% |
| Suppliers | 440/4 | €5,603 | €1,190 | -€4,413 | -78.8% |
| Taxes, remuneration and social security | 45 | €135,077 | €167,892 | +€32,816 | +24.3% |
| Taxes | 450/3 | €135,077 | €167,892 | +€32,816 | +24.3% |
| Other amounts payable | 47/48 | - | €289,000 | +€289,000 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €575 | €1,057 | +€482 | +84.0% |
| Other operating charges | 640/8 | - | €70 | +€70 | |
| Gross operating margin | 9900 | €230,851 | €212,898 | -€17,953 | -7.8% |
| Operating profit (loss) | 9901 | €230,277 | €211,771 | -€18,506 | -8.0% |
| Financial income | 75/76B | €29,312 | €21,427 | -€7,884 | -26.9% |
| Recurring financial income | 75 | €29,312 | €21,427 | -€7,884 | -26.9% |
| Financial charges | 65/66B | €447,569 | €3,555 | -€444,014 | -99.2% |
| Recurring financial charges | 65 | €9,666 | €3,555 | -€6,111 | -63.2% |
| Non-recurring financial charges | 66B | €437,903 | - | -€437,903 | |
| Profit (loss) for the period before taxes | 9903 | -€187,981 | €229,643 | +€417,624 | |
| Income taxes | 67/77 | €50,273 | €66,016 | +€15,743 | +31.3% |
| Profit (loss) for the period | 9904 | -€238,254 | €163,628 | +€401,882 | |
| Profit (loss) for the period to be appropriated | 9905 | -€238,254 | €163,628 | +€401,882 |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 2 October 2026 via checked.be.