KATELIJNE: 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.
KATELIJNE
Largest movements
- Cash -€116,230
down €116,230 (-83.4%), from €139,392 to €23,162
mainly Trade debts (-€91,094) and Tax, wage and social debts (-€59,655)
- Receivables within one year -€24,696
down €24,696 (-100%), from €24,696 to €0
of which Other amounts receivable: -€24,696
- Trade debts -€91,094
down €91,094 (-99.3%), from €91,705 to €611
- Tax, wage and social debts -€59,655
down €59,655 (-99.9%), from €59,741 to €87
- Profit (loss) carried forward +€23,124
up €23,124 (+7.4%), from -€311,292 to -€288,168
- Provisions -€13,000
down €13,000 (-100%), from €13,000 to €0
- Other operating income -€154,666
down €154,666 (-96.3%), from €160,597 to €5,932
- Services and other goods -€69,292
down €69,292 (-81.9%), from €84,643 to €15,351
- Provisions -€13,000
new in 2025: -€13,000
- Turnover -€10,100
down €10,100 (-32.3%), from €31,225 to €21,125
- Other operating charges -€4,811
down €4,811 (-95.8%), from €5,022 to €211
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.
Derived cash bridge
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 | €309,461 | €168,137 | -€141,324 | -45.7% |
| Fixed assets | 21/28 | €0 | - | = | |
| Tangible fixed assets | 22/27 | €0 | - | = | |
| Land and buildings | 22 | €0 | - | = | |
| Current assets | 29/58 | €309,461 | €168,137 | -€141,324 | -45.7% |
| Stocks and contracts in progress | 3 | €144,975 | €144,975 | = | 0.0% |
| Stocks | 30/36 | €144,975 | €144,975 | = | 0.0% |
| Property held for sale | 35 | €144,975 | €144,975 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €24,696 | €0 | -€24,696 | -100% |
| Trade receivables | 40 | €0 | - | = | |
| Other amounts receivable | 41 | €24,696 | €0 | -€24,696 | -100% |
| Cash at bank and in hand | 54/58 | €139,392 | €23,162 | -€116,230 | -83.4% |
| Deferred charges and accrued income | 490/1 | €398 | €0 | -€398 | -100% |
| Total equity and liabilities | 10/49 | €309,461 | €168,137 | -€141,324 | -45.7% |
| Equity | 10/15 | €19,708 | €42,832 | +€23,124 | +117% |
| Contributions | 10/11 | €281,000 | €281,000 | = | 0.0% |
| Capital | 10 | €281,000 | €281,000 | = | 0.0% |
| Issued capital | 100 | €500,000 | €500,000 | = | 0.0% |
| Uncalled capital | 101 | €219,000 | €219,000 | = | 0.0% |
| Reserves | 13 | €50,000 | €50,000 | = | 0.0% |
| Non-distributable reserves | 130/1 | €50,000 | €50,000 | = | 0.0% |
| Legal reserve | 130 | €50,000 | €50,000 | = | 0.0% |
| Distributable reserves | 133 | €0 | - | = | |
| Profit (loss) carried forward | 14 | -€311,292 | -€288,168 | +€23,124 | +7.4% |
| Provisions and deferred taxes | 16 | €13,000 | €0 | -€13,000 | -100% |
| Provisions for liabilities and charges | 160/5 | €13,000 | €0 | -€13,000 | -100% |
| Other liabilities and charges | 164/5 | €13,000 | €0 | -€13,000 | -100% |
| Amounts payable | 17/49 | €276,753 | €125,305 | -€151,448 | -54.7% |
| Amounts payable within one year | 42/48 | €276,053 | €125,305 | -€150,748 | -54.6% |
| Trade debts | 44 | €91,705 | €611 | -€91,094 | -99.3% |
| Suppliers | 440/4 | €91,705 | €611 | -€91,094 | -99.3% |
| Advances received on contracts in progress | 46 | €2,500 | €2,500 | = | 0.0% |
| Taxes, remuneration and social security | 45 | €59,741 | €87 | -€59,655 | -99.9% |
| Taxes | 450/3 | €59,741 | €87 | -€59,655 | -99.9% |
| Other amounts payable | 47/48 | €122,107 | €122,107 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €700 | €0 | -€700 | -100% |
| Operating income | 70/76A | €191,823 | €27,057 | -€164,766 | -85.9% |
| Turnover | 70 | €31,225 | €21,125 | -€10,100 | -32.3% |
| Other operating income | 74 | €160,597 | €5,932 | -€154,666 | -96.3% |
| Operating charges | 60/66A | €1,038,336 | €2,562 | -€1.0m | -99.8% |
| Goods for resale, raw materials and consumables | 60 | €0 | - | = | |
| Change in stocks: decrease (increase) | 609 | €0 | - | = | |
| Services and other goods | 61 | €84,643 | €15,351 | -€69,292 | -81.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €0 | - | = | |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | - | -€13,000 | -€13,000 | |
| Other operating charges | 640/8 | €5,022 | €211 | -€4,811 | -95.8% |
| Non-recurring operating charges | 66A | €948,671 | €0 | -€948,671 | -100% |
| Operating profit (loss) | 9901 | -€846,513 | €24,494 | +€871,008 | |
| Financial charges | 65/66B | €4,131 | €1,370 | -€2,761 | -66.8% |
| Recurring financial charges | 65 | €1,231 | €1,370 | +€139 | +11.3% |
| Debt charges | 650 | €0 | €0 | +€0 | |
| Other financial charges | 652/9 | €1,231 | €1,370 | +€138 | +11.2% |
| Non-recurring financial charges | 66B | €2,900 | €0 | -€2,900 | -100% |
| Profit (loss) for the period before taxes | 9903 | -€850,645 | €23,124 | +€873,769 | |
| Income taxes | 67/77 | €0 | - | = | |
| Taxes | 670/3 | €0 | - | = | |
| Profit (loss) for the period | 9904 | -€850,645 | €23,124 | +€873,769 | |
| Profit (loss) for the period to be appropriated | 9905 | -€850,645 | €23,124 | +€873,769 |
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 19 October 2026 via checked.be.