Kate Company: what changed
Kate Company
Largest movements
- Cash -€103,513
down €103,513 (-85.5%), from €121,068 to €17,555
mainly Short-term financial debts (-€150,000) and Tax, wage and social debts (-€10,840)
- Tangible fixed assets -€35,516
down €35,516 (-48.1%), from €73,893 to €38,377
of which Plant, machinery and equipment: -€35,356
- Receivables after one year +€10,200
up €10,200 (+35.3%), from €28,900 to €39,100
- Short-term financial debts -€150,000
down €150,000 (-100%), from €150,000 to €0
- Other debts +€32,442
up €32,442 (+55,665%), from €58 to €32,500
- Tax, wage and social debts -€10,840
down €10,840 (-65.1%), from €16,655 to €5,815
- Reserves +€4,115
up €4,115 (+7.5%), from €55,197 to €59,312
- Trade debts -€2,759
down €2,759 (-38.7%), from €7,126 to €4,367
- Financial charges -€6,800
down €6,800 (-68.9%), from €9,863 to €3,063
- Gross operating margin +€5,791
up €5,791 (+21.9%), from €26,457 to €32,248
- Depreciation -€701
down €701 (-5.6%), from €12,605 to €11,904
- Taxes -€475
down €475 (-35.3%), from €1,348 to €873
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €230,089 | €102,994 | -€127,094 | -55.2% |
| Fixed assets | 21/28 | €73,893 | €38,377 | -€35,516 | -48.1% |
| Tangible fixed assets | 22/27 | €73,893 | €38,377 | -€35,516 | -48.1% |
| Plant, machinery and equipment | 23 | €73,723 | €38,367 | -€35,356 | -48.0% |
| Furniture and vehicles | 24 | €170 | €11 | -€159 | -93.8% |
| Current assets | 29/58 | €156,196 | €64,617 | -€91,579 | -58.6% |
| Amounts receivable after more than one year | 29 | €28,900 | €39,100 | +€10,200 | +35.3% |
| Other amounts receivable | 291 | €28,900 | €39,100 | +€10,200 | +35.3% |
| Amounts receivable within one year | 40/41 | €4,730 | €6,385 | +€1,654 | +35.0% |
| Trade receivables | 40 | - | €182 | +€182 | |
| Other amounts receivable | 41 | €4,730 | €6,203 | +€1,473 | +31.1% |
| Cash at bank and in hand | 54/58 | €121,068 | €17,555 | -€103,513 | -85.5% |
| Deferred charges and accrued income | 490/1 | €1,497 | €1,577 | +€80 | +5.3% |
| Total equity and liabilities | 10/49 | €230,089 | €102,994 | -€127,094 | -55.2% |
| Equity | 10/15 | €56,197 | €60,312 | +€4,115 | +7.3% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €55,197 | €59,312 | +€4,115 | +7.5% |
| Distributable reserves | 133 | €55,197 | €59,312 | +€4,115 | +7.5% |
| Amounts payable | 17/49 | €173,892 | €42,682 | -€131,210 | -75.5% |
| Amounts payable within one year | 42/48 | €173,840 | €42,682 | -€131,158 | -75.4% |
| Financial debts | 43 | €150,000 | €0 | -€150,000 | -100% |
| Credit institutions | 430/8 | €150,000 | €0 | -€150,000 | -100% |
| Trade debts | 44 | €7,126 | €4,367 | -€2,759 | -38.7% |
| Suppliers | 440/4 | €7,126 | €4,367 | -€2,759 | -38.7% |
| Taxes, remuneration and social security | 45 | €16,655 | €5,815 | -€10,840 | -65.1% |
| Taxes | 450/3 | €16,655 | €5,815 | -€10,840 | -65.1% |
| Other amounts payable | 47/48 | €58 | €32,500 | +€32,442 | +55,665% |
| Accrued charges and deferred income | 492/3 | €52 | €0 | -€52 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,605 | €11,904 | -€701 | -5.6% |
| Other operating charges | 640/8 | €823 | €587 | -€236 | -28.7% |
| Non-recurring operating charges | 66A | - | €11,707 | +€11,707 | |
| Gross operating margin | 9900 | €26,457 | €32,248 | +€5,791 | +21.9% |
| Operating profit (loss) | 9901 | €13,029 | €8,050 | -€4,979 | -38.2% |
| Financial income | 75/76B | €0 | €1 | +€0 | +733% |
| Recurring financial income | 75 | €0 | €1 | +€0 | +733% |
| Financial charges | 65/66B | €9,863 | €3,063 | -€6,800 | -68.9% |
| Recurring financial charges | 65 | €9,863 | €3,063 | -€6,800 | -68.9% |
| Profit (loss) for the period before taxes | 9903 | €3,166 | €4,988 | +€1,821 | +57.5% |
| Income taxes | 67/77 | €1,348 | €873 | -€475 | -35.3% |
| Profit (loss) for the period | 9904 | €1,818 | €4,115 | +€2,297 | +126% |
| Profit (loss) for the period to be appropriated | 9905 | €1,818 | €4,115 | +€2,297 | +126% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 7 November 2026 via checked.be.