KATALYST Life Sciences: 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.
KATALYST Life Sciences
Largest movements
- Cash -€269,352
down €269,352 (-79.8%), from €337,497 to €68,146
mainly Current investments (-€239,718) and Other debts (-€44,475)
- Current investments +€239,718
new in 2025: €239,718
- Receivables within one year -€27,441
down €27,441 (-85.3%), from €32,156 to €4,715
of which Other amounts receivable: -€23,438
- Other debts -€44,475
down €44,475 (-98.8%), from €45,000 to €525
- Profit (loss) carried forward -€6,729
down €6,729 (-75.5%), from €8,914 to €2,185
- Gross operating margin -€71,952
down €71,952, from €67,096 to -€4,856
- Taxes -€7,750
down €7,750 (-95.2%), from €8,138 to €388
- Financial income +€3,087
up €3,087 (+1828.6%), from €169 to €3,256
- Depreciation -€1,522
down €1,522 (-40.7%), from €3,743 to €2,221
- Financial charges +€1,405
up €1,405 (+748.5%), from €188 to €1,592
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 | €377,246 | €320,875 | -€56,371 | -14.9% |
| Fixed assets | 21/28 | €7,248 | €6,227 | -€1,021 | -14.1% |
| Tangible fixed assets | 22/27 | €7,248 | €6,227 | -€1,021 | -14.1% |
| Furniture and vehicles | 24 | €7,248 | €6,227 | -€1,021 | -14.1% |
| Current assets | 29/58 | €369,997 | €314,648 | -€55,350 | -15.0% |
| Amounts receivable within one year | 40/41 | €32,156 | €4,715 | -€27,441 | -85.3% |
| Trade receivables | 40 | €4,002 | €0 | -€4,002 | -100.0% |
| Other amounts receivable | 41 | €28,154 | €4,715 | -€23,438 | -83.3% |
| Current investments | 50/53 | - | €239,718 | +€239,718 | |
| Cash at bank and in hand | 54/58 | €337,497 | €68,146 | -€269,352 | -79.8% |
| Deferred charges and accrued income | 490/1 | €344 | €2,069 | +€1,725 | +501.2% |
| Total equity and liabilities | 10/49 | €377,246 | €320,875 | -€56,371 | -14.9% |
| Equity | 10/15 | €324,513 | €317,784 | -€6,729 | -2.1% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €312,599 | €312,599 | = | 0.0% |
| Distributable reserves | 133 | €312,599 | €312,599 | = | 0.0% |
| Profit (loss) carried forward | 14 | €8,914 | €2,185 | -€6,729 | -75.5% |
| Amounts payable | 17/49 | €52,733 | €3,091 | -€49,642 | -94.1% |
| Amounts payable within one year | 42/48 | €52,733 | €3,091 | -€49,642 | -94.1% |
| Trade debts | 44 | €3,698 | €2,247 | -€1,451 | -39.2% |
| Suppliers | 440/4 | €3,698 | €2,247 | -€1,451 | -39.2% |
| Taxes, remuneration and social security | 45 | €4,035 | €319 | -€3,716 | -92.1% |
| Taxes | 450/3 | €4,035 | €319 | -€3,716 | -92.1% |
| Other amounts payable | 47/48 | €45,000 | €525 | -€44,475 | -98.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,743 | €2,221 | -€1,522 | -40.7% |
| Other operating charges | 640/8 | €1,283 | €928 | -€355 | -27.7% |
| Gross operating margin | 9900 | €67,096 | -€4,856 | -€71,952 | |
| Operating profit (loss) | 9901 | €62,071 | -€8,005 | -€70,076 | |
| Financial income | 75/76B | €169 | €3,256 | +€3,087 | +1828.6% |
| Recurring financial income | 75 | €169 | €3,256 | +€3,087 | +1828.6% |
| Financial charges | 65/66B | €188 | €1,592 | +€1,405 | +748.5% |
| Recurring financial charges | 65 | €188 | €1,592 | +€1,405 | +748.5% |
| Profit (loss) for the period before taxes | 9903 | €62,052 | -€6,341 | -€68,393 | |
| Income taxes | 67/77 | €8,138 | €388 | -€7,750 | -95.2% |
| Profit (loss) for the period | 9904 | €53,914 | -€6,729 | -€60,643 | |
| Profit (loss) for the period to be appropriated | 9905 | €53,914 | -€6,729 | -€60,643 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 1 October 2026 via checked.be.