KATALUS: 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.
KATALUS
Largest movements
- Tangible fixed assets -€51,456
down €51,456 (-7.0%), from €733,001 to €681,545
of which Land and buildings: -€33,083
- Cash +€37,126
up €37,126 (+168%), from €22,092 to €59,219
mainly Depreciation (+€56,085) and Net result for the year (+€41,569)
- Receivables within one year +€34,958
up €34,958 (+242%), from €14,437 to €49,395
of which Trade receivables: +€31,614
- Current investments +€27,251
up €27,251 (+215%), from €12,686 to €39,938
- Reserves +€41,569
up €41,569 (+6.9%), from €606,513 to €648,082
of which Distributable reserves: +€42,520
- Debts after one year +€11,333
up €11,333 (+9.7%), from €117,222 to €128,555
of which Advances received on contracts in progress: +€40,000
- Staff costs -€39,432
down €39,432 (-56.5%), from €69,770 to €30,338
- Gross operating margin +€32,974
up €32,974 (+27.9%), from €118,364 to €151,338
- Taxes +€11,782
up €11,782 (+3,610%), from €326 to €12,108
- Depreciation +€2,265
up €2,265 (+4.2%), from €53,819 to €56,085
- Financial charges +€2,093
up €2,093 (+47.9%), from €4,365 to €6,458
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 | €799,489 | €843,041 | +€43,552 | +5.4% |
| Fixed assets | 21/28 | €734,411 | €682,995 | -€51,416 | -7.0% |
| Tangible fixed assets | 22/27 | €733,001 | €681,545 | -€51,456 | -7.0% |
| Land and buildings | 22 | €687,911 | €654,828 | -€33,083 | -4.8% |
| Plant, machinery and equipment | 23 | €1,720 | €863 | -€857 | -49.8% |
| Furniture and vehicles | 24 | €21,242 | €10,651 | -€10,592 | -49.9% |
| Other tangible fixed assets | 26 | €22,127 | €15,203 | -€6,924 | -31.3% |
| Financial fixed assets | 28 | €1,410 | €1,450 | +€40 | +2.8% |
| Current assets | 29/58 | €65,078 | €160,045 | +€94,967 | +146% |
| Stocks and contracts in progress | 3 | €6,043 | €5,202 | -€841 | -13.9% |
| Stocks | 30/36 | €6,043 | €5,202 | -€841 | -13.9% |
| Amounts receivable within one year | 40/41 | €14,437 | €49,395 | +€34,958 | +242% |
| Trade receivables | 40 | €0 | €31,614 | +€31,614 | |
| Other amounts receivable | 41 | €14,437 | €17,781 | +€3,344 | +23.2% |
| Current investments | 50/53 | €12,686 | €39,938 | +€27,251 | +215% |
| Cash at bank and in hand | 54/58 | €22,092 | €59,219 | +€37,126 | +168% |
| Deferred charges and accrued income | 490/1 | €9,820 | €6,293 | -€3,527 | -35.9% |
| Total equity and liabilities | 10/49 | €799,489 | €843,041 | +€43,552 | +5.4% |
| Equity | 10/15 | €622,633 | €664,202 | +€41,569 | +6.7% |
| Contributions | 10/11 | €16,120 | €16,120 | = | 0.0% |
| Reserves | 13 | €606,513 | €648,082 | +€41,569 | +6.9% |
| Tax-exempt reserves | 132 | €26,086 | €25,136 | -€950 | -3.6% |
| Distributable reserves | 133 | €580,427 | €622,946 | +€42,520 | +7.3% |
| Provisions and deferred taxes | 16 | €8,695 | €8,379 | -€317 | -3.6% |
| Deferred taxes | 168 | €8,695 | €8,379 | -€317 | -3.6% |
| Amounts payable | 17/49 | €168,161 | €170,460 | +€2,299 | +1.4% |
| Amounts payable after more than one year | 17 | €117,222 | €128,555 | +€11,333 | +9.7% |
| Financial debts | 170/4 | €117,222 | €88,555 | -€28,667 | -24.5% |
| Advances received on contracts in progress | 176 | - | €40,000 | +€40,000 | |
| Amounts payable within one year | 42/48 | €50,939 | €41,905 | -€9,034 | -17.7% |
| Current portion of amounts payable after more than one year | 42 | €28,667 | €28,667 | = | 0.0% |
| Financial debts | 43 | - | €4,316 | +€4,316 | |
| Credit institutions | 430/8 | - | €4,316 | +€4,316 | |
| Trade debts | 44 | €6,750 | €2,026 | -€4,725 | -70.0% |
| Suppliers | 440/4 | €6,750 | €2,026 | -€4,725 | -70.0% |
| Taxes, remuneration and social security | 45 | €9,512 | €3,626 | -€5,886 | -61.9% |
| Taxes | 450/3 | €38 | €3,626 | +€3,588 | +9,515% |
| Remuneration and social security | 454/9 | €9,475 | €0 | -€9,475 | -100% |
| Other amounts payable | 47/48 | €6,010 | €3,270 | -€2,739 | -45.6% |
| Remuneration, social security and pensions | 62 | €69,770 | €30,338 | -€39,432 | -56.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €53,819 | €56,085 | +€2,265 | +4.2% |
| Other operating charges | 640/8 | €6,152 | €6,364 | +€212 | +3.4% |
| Gross operating margin | 9900 | €118,364 | €151,338 | +€32,974 | +27.9% |
| Operating profit (loss) | 9901 | -€11,377 | €58,551 | +€69,929 | |
| Financial income | 75/76B | €278 | €1,267 | +€989 | +356% |
| Recurring financial income | 75 | €278 | €1,267 | +€989 | +356% |
| Financial charges | 65/66B | €4,365 | €6,458 | +€2,093 | +47.9% |
| Recurring financial charges | 65 | €4,365 | €6,458 | +€2,093 | +47.9% |
| Profit (loss) for the period before taxes | 9903 | -€15,465 | €53,360 | +€68,825 | |
| Transfer from deferred taxes | 780 | €317 | €317 | = | 0.0% |
| Income taxes | 67/77 | €326 | €12,108 | +€11,782 | +3,610% |
| Profit (loss) for the period | 9904 | -€15,474 | €41,569 | +€57,043 | |
| Transfer from tax-exempt reserves | 789 | €950 | €950 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€14,524 | €42,520 | +€57,043 |
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 18 October 2026 via checked.be.