KATENA: 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.
KATENA
Largest movements
- Receivables within one year +€18,907
up €18,907 (+177.8%), from €10,636 to €29,543
of which Trade receivables: +€17,002
- Tangible fixed assets -€7,630
down €7,630 (-58.1%), from €13,130 to €5,501
of which Other tangible fixed assets: -€4,386
- Cash -€1,339
down €1,339 (-32.6%), from €4,101 to €2,762
mainly Receivables within one year (-€18,907) and Net result for the year (-€11,626)
- Formation expenses -€939
down €939 (-23.1%), from €4,059 to €3,120
- Profit (loss) carried forward -€11,626
down €11,626 (-45.3%), from -€25,658 to -€37,284
- Trade debts +€9,766
up €9,766 (+154.3%), from €6,329 to €16,095
- Tax, wage and social debts +€8,848
up €8,848 (+684.4%), from €1,293 to €10,140
of which Remuneration and social security: +€6,853
- Other debts +€8,057
up €8,057 (+128.8%), from €6,255 to €14,311
- Advances received -€5,000
no longer reported in 2023 (was €5,000)
- Gross operating margin +€19,638
up €19,638 (+93.0%), from -€21,110 to -€1,472
- Depreciation +€5,562
up €5,562 (+170.3%), from €3,267 to €8,828
From the 2022 result to the 2023 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 2022 and 2023 balance sheets and the 2023 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2022 | 2023 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €40,911 | €49,456 | +€8,545 | +20.9% |
| Formation expenses | 20 | €4,059 | €3,120 | -€939 | -23.1% |
| Fixed assets | 21/28 | €18,795 | €10,905 | -€7,890 | -42.0% |
| Intangible fixed assets | 21 | €1,165 | €905 | -€260 | -22.3% |
| Tangible fixed assets | 22/27 | €13,130 | €5,501 | -€7,630 | -58.1% |
| Furniture and vehicles | 24 | €8,718 | €5,474 | -€3,244 | -37.2% |
| Other tangible fixed assets | 26 | €4,412 | €27 | -€4,386 | -99.4% |
| Financial fixed assets | 28 | €4,500 | €4,500 | = | 0.0% |
| Current assets | 29/58 | €18,057 | €35,430 | +€17,373 | +96.2% |
| Stocks and contracts in progress | 3 | €3,036 | €3,036 | = | 0.0% |
| Stocks | 30/36 | €3,036 | €3,036 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €10,636 | €29,543 | +€18,907 | +177.8% |
| Trade receivables | 40 | €8,391 | €25,393 | +€17,002 | +202.6% |
| Other amounts receivable | 41 | €2,245 | €4,150 | +€1,905 | +84.8% |
| Cash at bank and in hand | 54/58 | €4,101 | €2,762 | -€1,339 | -32.6% |
| Deferred charges and accrued income | 490/1 | €284 | €89 | -€195 | -68.6% |
| Total equity and liabilities | 10/49 | €40,911 | €49,456 | +€8,545 | +20.9% |
| Equity | 10/15 | -€15,658 | -€27,284 | -€11,626 | -74.3% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€25,658 | -€37,284 | -€11,626 | -45.3% |
| Amounts payable | 17/49 | €56,569 | €76,740 | +€20,171 | +35.7% |
| Amounts payable after more than one year | 17 | €35,656 | €33,566 | -€2,090 | -5.9% |
| Financial debts | 170/4 | €3,156 | €1,066 | -€2,090 | -66.2% |
| Other amounts payable | 178/9 | €32,500 | €32,500 | = | 0.0% |
| Amounts payable within one year | 42/48 | €20,913 | €43,174 | +€22,261 | +106.4% |
| Current portion of amounts payable after more than one year | 42 | €2,036 | €2,627 | +€591 | +29.1% |
| Trade debts | 44 | €6,329 | €16,095 | +€9,766 | +154.3% |
| Suppliers | 440/4 | €6,329 | €16,095 | +€9,766 | +154.3% |
| Advances received on contracts in progress | 46 | €5,000 | - | -€5,000 | |
| Taxes, remuneration and social security | 45 | €1,293 | €10,140 | +€8,848 | +684.4% |
| Taxes | 450/3 | €93 | €2,087 | +€1,995 | +2151.9% |
| Remuneration and social security | 454/9 | €1,200 | €8,053 | +€6,853 | +571.1% |
| Other amounts payable | 47/48 | €6,255 | €14,311 | +€8,057 | +128.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,267 | €8,828 | +€5,562 | +170.3% |
| Other operating charges | 640/8 | €377 | €532 | +€154 | +40.9% |
| Gross operating margin | 9900 | -€21,110 | -€1,472 | +€19,638 | +93.0% |
| Operating profit (loss) | 9901 | -€24,753 | -€10,832 | +€13,922 | +56.2% |
| Financial income | 75/76B | €0 | €0 | +€0 | +10.8% |
| Recurring financial income | 75 | €0 | €0 | +€0 | +10.8% |
| Financial charges | 65/66B | €812 | €795 | -€17 | -2.1% |
| Recurring financial charges | 65 | €812 | €795 | -€17 | -2.1% |
| Profit (loss) for the period before taxes | 9903 | -€25,565 | -€11,626 | +€13,939 | +54.5% |
| Income taxes | 67/77 | €93 | - | -€93 | |
| Profit (loss) for the period | 9904 | -€25,658 | -€11,626 | +€14,031 | +54.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€25,658 | -€11,626 | +€14,031 | +54.7% |
Source: filed annual accounts (NBB), financial years ended 31 December 2022 and 31 December 2023. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 12 October 2026 via checked.be.