KATEAS: what changed
KATEAS
Largest movements
- Receivables within one year +€126,704
up €126,704 (+642%), from €19,730 to €146,434
of which Trade receivables: +€72,720
- Intangible fixed assets -€17,498
down €17,498 (-15.4%), from €113,748 to €96,250
- Cash -€11,248
down €11,248 (-40.4%), from €27,846 to €16,598
mainly Receivables within one year (-€126,704) and Contributions, distributions and other (-€43,500)
- Deferred charges and accrued income +€4,116
new in 2025: €4,116
- Tangible fixed assets -€3,726
down €3,726 (-18.7%), from €19,938 to €16,212
of which Plant, machinery and equipment: -€3,726
- Other debts +€53,579
new in 2025: €53,579
- Trade debts +€32,661
up €32,661 (+79.7%), from €40,955 to €73,616
- Accrued charges and deferred income -€23,108
down €23,108 (-99.8%), from €23,144 to €36
- Profit (loss) carried forward +€17,614
up €17,614 (+55.5%), from -€31,743 to -€14,129
- Tax, wage and social debts +€10,855
up €10,855 (+59.8%), from €18,152 to €29,006
of which Taxes: +€12,373
- Gross operating margin +€40,052
up €40,052 (+35.6%), from €112,628 to €152,679
- Financial charges -€11,908
down €11,908 (-86.6%), from €13,755 to €1,847
of which Financial charges: -€11,499
- Other operating charges +€2,649
up €2,649 (+126%), from €2,109 to €4,759
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 | €185,461 | €283,789 | +€98,328 | +53.0% |
| Fixed assets | 21/28 | €133,737 | €112,513 | -€21,224 | -15.9% |
| Intangible fixed assets | 21 | €113,748 | €96,250 | -€17,498 | -15.4% |
| Tangible fixed assets | 22/27 | €19,938 | €16,212 | -€3,726 | -18.7% |
| Plant, machinery and equipment | 23 | €19,938 | €16,212 | -€3,726 | -18.7% |
| Furniture and vehicles | 24 | €0 | - | = | |
| Other tangible fixed assets | 26 | €0 | - | = | |
| Financial fixed assets | 28 | €52 | €52 | = | 0.0% |
| Current assets | 29/58 | €51,724 | €171,276 | +€119,552 | +231% |
| Stocks and contracts in progress | 3 | €4,148 | €4,127 | -€21 | -0.5% |
| Stocks | 30/36 | €4,148 | €4,127 | -€21 | -0.5% |
| Amounts receivable within one year | 40/41 | €19,730 | €146,434 | +€126,704 | +642% |
| Trade receivables | 40 | €19,629 | €92,348 | +€72,720 | +370% |
| Other amounts receivable | 41 | €101 | €54,085 | +€53,984 | +53,344% |
| Cash at bank and in hand | 54/58 | €27,846 | €16,598 | -€11,248 | -40.4% |
| Deferred charges and accrued income | 490/1 | - | €4,116 | +€4,116 | |
| Total equity and liabilities | 10/49 | €185,461 | €283,789 | +€98,328 | +53.0% |
| Equity | 10/15 | €757 | €18,371 | +€17,614 | +2,327% |
| Contributions | 10/11 | €32,500 | €32,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€31,743 | -€14,129 | +€17,614 | +55.5% |
| Amounts payable | 17/49 | €184,704 | €265,418 | +€80,714 | +43.7% |
| Amounts payable after more than one year | 17 | €102,454 | €105,772 | +€3,318 | +3.2% |
| Financial debts | 170/4 | €102,454 | €105,772 | +€3,318 | +3.2% |
| Amounts payable within one year | 42/48 | €59,107 | €159,610 | +€100,503 | +170% |
| Current portion of amounts payable after more than one year | 42 | - | €3,408 | +€3,408 | |
| Trade debts | 44 | €40,955 | €73,616 | +€32,661 | +79.7% |
| Suppliers | 440/4 | €40,955 | €73,616 | +€32,661 | +79.7% |
| Taxes, remuneration and social security | 45 | €18,152 | €29,006 | +€10,855 | +59.8% |
| Taxes | 450/3 | €7,689 | €20,062 | +€12,373 | +161% |
| Remuneration and social security | 454/9 | €10,463 | €8,945 | -€1,518 | -14.5% |
| Other amounts payable | 47/48 | - | €53,579 | +€53,579 | |
| Accrued charges and deferred income | 492/3 | €23,144 | €36 | -€23,108 | -99.8% |
| Remuneration, social security and pensions | 62 | €66,159 | €65,048 | -€1,112 | -1.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €19,249 | €19,913 | +€663 | +3.4% |
| Other operating charges | 640/8 | €2,109 | €4,759 | +€2,649 | +126% |
| Gross operating margin | 9900 | €112,628 | €152,679 | +€40,052 | +35.6% |
| Operating profit (loss) | 9901 | €25,110 | €62,960 | +€37,851 | +151% |
| Financial income | 75/76B | €3 | €0 | -€3 | -90.4% |
| Recurring financial income | 75 | €3 | €0 | -€3 | -90.4% |
| Financial charges | 65/66B | €13,755 | €1,847 | -€11,908 | -86.6% |
| Recurring financial charges | 65 | €13,346 | €1,847 | -€11,499 | -86.2% |
| Non-recurring financial charges | 66B | €409 | €0 | -€409 | -100% |
| Profit (loss) for the period before taxes | 9903 | €11,358 | €61,114 | +€49,756 | +438% |
| Profit (loss) for the period | 9904 | €11,358 | €61,114 | +€49,756 | +438% |
| Profit (loss) for the period to be appropriated | 9905 | €11,358 | €61,114 | +€49,756 | +438% |
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 8 November 2026 via checked.be.