Katam: 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.
Katam
Largest movements
- Tangible fixed assets +€41,063
up €41,063 (+328.2%), from €12,510 to €53,574
of which Land and buildings: +€53,300
- Cash -€35,109
no longer reported in 2025 (was €35,109)
mainly Investment in fixed assets (net) (-€41,294) and Contributions, distributions and other (-€35,000)
- Receivables within one year -€2,834
down €2,834 (-21.7%), from €13,045 to €10,211
- Short-term financial debts +€26,969
new in 2025: €26,969
- Profit (loss) carried forward -€24,854
down €24,854 (-45.2%), from €54,928 to €30,074
- Other debts +€20,682
up €20,682 (+1333.1%), from €1,551 to €22,233
- Tax, wage and social debts -€7,181
down €7,181 (-24.2%), from €29,729 to €22,548
- Current portion of long-term debt -€6,375
no longer reported in 2025 (was €6,375)
- Other operating charges +€16,282
up €16,282 (+2033.9%), from €801 to €17,082
- Staff costs +€6,571
new in 2025: €6,571
- Depreciation -€6,208
down €6,208 (-96.4%), from €6,439 to €231
- Gross operating margin -€5,327
down €5,327 (-11.2%), from €47,374 to €42,046
- Taxes -€3,972
down €3,972 (-41.5%), from €9,579 to €5,607
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 | €103,589 | €106,693 | +€3,104 | +3.0% |
| Fixed assets | 21/28 | €12,510 | €53,574 | +€41,063 | +328.2% |
| Tangible fixed assets | 22/27 | €12,510 | €53,574 | +€41,063 | +328.2% |
| Land and buildings | 22 | - | €53,300 | +€53,300 | |
| Furniture and vehicles | 24 | €505 | €274 | -€231 | -45.7% |
| Leasing and similar rights | 25 | €12,006 | - | -€12,006 | |
| Current assets | 29/58 | €91,078 | €53,119 | -€37,959 | -41.7% |
| Stocks and contracts in progress | 3 | €38,394 | €38,955 | +€561 | +1.5% |
| Stocks | 30/36 | €38,394 | €38,955 | +€561 | +1.5% |
| Amounts receivable within one year | 40/41 | €13,045 | €10,211 | -€2,834 | -21.7% |
| Trade receivables | 40 | €13,045 | €10,211 | -€2,834 | -21.7% |
| Cash at bank and in hand | 54/58 | €35,109 | - | -€35,109 | |
| Deferred charges and accrued income | 490/1 | €4,530 | €3,953 | -€578 | -12.7% |
| Total equity and liabilities | 10/49 | €103,589 | €106,693 | +€3,104 | +3.0% |
| Equity | 10/15 | €57,928 | €33,074 | -€24,854 | -42.9% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €54,928 | €30,074 | -€24,854 | -45.2% |
| Amounts payable | 17/49 | €45,661 | €73,618 | +€27,958 | +61.2% |
| Amounts payable after more than one year | 17 | €5,948 | - | -€5,948 | |
| Financial debts | 170/4 | €5,948 | - | -€5,948 | |
| Amounts payable within one year | 42/48 | €39,713 | €73,618 | +€33,906 | +85.4% |
| Current portion of amounts payable after more than one year | 42 | €6,375 | - | -€6,375 | |
| Financial debts | 43 | - | €26,969 | +€26,969 | |
| Credit institutions | 430/8 | - | €26,969 | +€26,969 | |
| Trade debts | 44 | €2,057 | €1,868 | -€189 | -9.2% |
| Suppliers | 440/4 | €2,057 | €1,868 | -€189 | -9.2% |
| Taxes, remuneration and social security | 45 | €29,729 | €22,548 | -€7,181 | -24.2% |
| Taxes | 450/3 | €29,729 | €22,548 | -€7,181 | -24.2% |
| Other amounts payable | 47/48 | €1,551 | €22,233 | +€20,682 | +1333.1% |
| Remuneration, social security and pensions | 62 | - | €6,571 | +€6,571 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,439 | €231 | -€6,208 | -96.4% |
| Other operating charges | 640/8 | €801 | €17,082 | +€16,282 | +2033.9% |
| Gross operating margin | 9900 | €47,374 | €42,046 | -€5,327 | -11.2% |
| Operating profit (loss) | 9901 | €40,134 | €18,163 | -€21,971 | -54.7% |
| Financial charges | 65/66B | €442 | €2,410 | +€1,968 | +444.9% |
| Recurring financial charges | 65 | €442 | €2,410 | +€1,968 | +444.9% |
| Profit (loss) for the period before taxes | 9903 | €39,692 | €15,753 | -€23,939 | -60.3% |
| Income taxes | 67/77 | €9,579 | €5,607 | -€3,972 | -41.5% |
| Profit (loss) for the period | 9904 | €30,113 | €10,146 | -€19,967 | -66.3% |
| Profit (loss) for the period to be appropriated | 9905 | €30,113 | €10,146 | -€19,967 | -66.3% |
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 10 October 2026 via checked.be.