KATAPULT: 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.
KATAPULT
Largest movements
- Tangible fixed assets +€14,010
up €14,010 (+892.2%), from €1,570 to €15,580
- Receivables within one year +€5,879
up €5,879 (+9.2%), from €63,782 to €69,661
of which Other amounts receivable: +€12,088
- Cash +€3,941
up €3,941 (+3.7%), from €107,132 to €111,073
mainly Net result for the year (+€13,140) and Debts after one year (+€10,564)
- Debts after one year +€10,564
new in 2025: €10,564
- Reserves +€10,000
up €10,000 (+17.2%), from €58,106 to €68,106
of which Distributable reserves: +€10,000
- Tax, wage and social debts -€8,190
down €8,190 (-60.9%), from €13,446 to €5,256
- Trade debts +€4,948
new in 2025: €4,948
- Profit (loss) carried forward +€3,140
up €3,140 (+3.3%), from €93,909 to €97,049
- Gross operating margin +€9,043
up €9,043 (+62.6%), from €14,450 to €23,493
- Taxes +€3,187
up €3,187 (+67.8%), from €4,703 to €7,890
- Other operating charges +€1,923
up €1,923 (+113.1%), from €1,701 to €3,624
- Depreciation +€1,615
up €1,615 (+160.7%), from €1,005 to €2,620
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 | €173,798 | €197,334 | +€23,536 | +13.5% |
| Fixed assets | 21/28 | €1,570 | €15,580 | +€14,010 | +892.2% |
| Tangible fixed assets | 22/27 | €1,570 | €15,580 | +€14,010 | +892.2% |
| Furniture and vehicles | 24 | €1,570 | €15,580 | +€14,010 | +892.2% |
| Current assets | 29/58 | €172,228 | €181,754 | +€9,526 | +5.5% |
| Amounts receivable within one year | 40/41 | €63,782 | €69,661 | +€5,879 | +9.2% |
| Trade receivables | 40 | €9,988 | €3,779 | -€6,209 | -62.2% |
| Other amounts receivable | 41 | €53,795 | €65,882 | +€12,088 | +22.5% |
| Cash at bank and in hand | 54/58 | €107,132 | €111,073 | +€3,941 | +3.7% |
| Deferred charges and accrued income | 490/1 | €1,313 | €1,020 | -€293 | -22.3% |
| Total equity and liabilities | 10/49 | €173,798 | €197,334 | +€23,536 | +13.5% |
| Equity | 10/15 | €158,265 | €171,405 | +€13,140 | +8.3% |
| Contributions | 10/11 | €6,250 | €6,250 | = | 0.0% |
| Reserves | 13 | €58,106 | €68,106 | +€10,000 | +17.2% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €56,246 | €66,246 | +€10,000 | +17.8% |
| Profit (loss) carried forward | 14 | €93,909 | €97,049 | +€3,140 | +3.3% |
| Amounts payable | 17/49 | €15,533 | €25,929 | +€10,396 | +66.9% |
| Amounts payable after more than one year | 17 | - | €10,564 | +€10,564 | |
| Financial debts | 170/4 | - | €10,564 | +€10,564 | |
| Amounts payable within one year | 42/48 | €13,446 | €13,268 | -€178 | -1.3% |
| Current portion of amounts payable after more than one year | 42 | - | €3,065 | +€3,065 | |
| Trade debts | 44 | - | €4,948 | +€4,948 | |
| Suppliers | 440/4 | - | €4,948 | +€4,948 | |
| Taxes, remuneration and social security | 45 | €13,446 | €5,256 | -€8,190 | -60.9% |
| Taxes | 450/3 | €13,446 | €5,256 | -€8,190 | -60.9% |
| Accrued charges and deferred income | 492/3 | €2,087 | €2,096 | +€9 | +0.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,005 | €2,620 | +€1,615 | +160.7% |
| Other operating charges | 640/8 | €1,701 | €3,624 | +€1,923 | +113.1% |
| Gross operating margin | 9900 | €14,450 | €23,493 | +€9,043 | +62.6% |
| Operating profit (loss) | 9901 | €11,744 | €17,249 | +€5,505 | +46.9% |
| Financial income | 75/76B | €4,164 | €4,195 | +€31 | +0.8% |
| Recurring financial income | 75 | €4,164 | €4,195 | +€31 | +0.8% |
| Financial charges | 65/66B | €357 | €414 | +€57 | +15.9% |
| Recurring financial charges | 65 | €357 | €414 | +€57 | +15.9% |
| Profit (loss) for the period before taxes | 9903 | €15,551 | €21,030 | +€5,479 | +35.2% |
| Income taxes | 67/77 | €4,703 | €7,890 | +€3,187 | +67.8% |
| Profit (loss) for the period | 9904 | €10,848 | €13,140 | +€2,292 | +21.1% |
| Profit (loss) for the period to be appropriated | 9905 | €10,848 | €13,140 | +€2,292 | +21.1% |
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 6 October 2026 via checked.be.