KATEO: 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.
KATEO
Largest movements
- Tangible fixed assets -€26,345
down €26,345 (-9.2%), from €286,429 to €260,084
of which Land and buildings: -€26,390
- Receivables within one year -€22,581
down €22,581 (-5.5%), from €410,548 to €387,967
of which Other amounts receivable: -€23,779
- Cash -€19,936
down €19,936 (-76.5%), from €26,068 to €6,132
mainly Net result for the year (-€64,002) and Tax, wage and social debts (-€5,187)
- Profit (loss) carried forward -€64,002
down €64,002 (-10.2%), from €630,473 to €566,471
- Gross operating margin -€11,682
down €11,682 (-61.2%), from €19,079 to €7,397
- Financial income +€590
up €590 (+9.5%), from €6,245 to €6,835
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 | €723,045 | €654,183 | -€68,862 | -9.5% |
| Fixed assets | 21/28 | €286,429 | €260,084 | -€26,345 | -9.2% |
| Tangible fixed assets | 22/27 | €286,429 | €260,084 | -€26,345 | -9.2% |
| Land and buildings | 22 | €276,581 | €250,191 | -€26,390 | -9.5% |
| Plant, machinery and equipment | 23 | €61 | €1,826 | +€1,765 | +2906.1% |
| Furniture and vehicles | 24 | €5,145 | €3,425 | -€1,720 | -33.4% |
| Other tangible fixed assets | 26 | €4,642 | €4,642 | = | 0.0% |
| Current assets | 29/58 | €436,616 | €394,098 | -€42,518 | -9.7% |
| Amounts receivable within one year | 40/41 | €410,548 | €387,967 | -€22,581 | -5.5% |
| Trade receivables | 40 | €0 | €1,198 | +€1,198 | |
| Other amounts receivable | 41 | €410,548 | €386,769 | -€23,779 | -5.8% |
| Cash at bank and in hand | 54/58 | €26,068 | €6,132 | -€19,936 | -76.5% |
| Total equity and liabilities | 10/49 | €723,045 | €654,183 | -€68,862 | -9.5% |
| Equity | 10/15 | €712,988 | €648,986 | -€64,002 | -9.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €63,915 | €63,915 | = | 0.0% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Tax-exempt reserves | 132 | €16,057 | €16,057 | = | 0.0% |
| Distributable reserves | 133 | €47,858 | €47,858 | = | 0.0% |
| Profit (loss) carried forward | 14 | €630,473 | €566,471 | -€64,002 | -10.2% |
| Amounts payable | 17/49 | €10,057 | €5,196 | -€4,861 | -48.3% |
| Amounts payable within one year | 42/48 | €10,057 | €5,196 | -€4,861 | -48.3% |
| Trade debts | 44 | €3,346 | €4,047 | +€701 | +21.0% |
| Suppliers | 440/4 | €3,346 | €4,047 | +€701 | +21.0% |
| Taxes, remuneration and social security | 45 | €6,336 | €1,149 | -€5,187 | -81.9% |
| Taxes | 450/3 | €6,336 | €1,149 | -€5,187 | -81.9% |
| Other amounts payable | 47/48 | €375 | €0 | -€375 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €30,163 | €30,308 | +€145 | +0.5% |
| Other operating charges | 640/8 | €4,362 | €4,243 | -€119 | -2.7% |
| Non-recurring operating charges | 66A | - | €43,350 | +€43,350 | |
| Gross operating margin | 9900 | €19,079 | €7,397 | -€11,682 | -61.2% |
| Operating profit (loss) | 9901 | -€15,446 | -€70,503 | -€55,058 | -356.5% |
| Financial income | 75/76B | €6,245 | €6,835 | +€590 | +9.5% |
| Recurring financial income | 75 | €6,245 | €6,835 | +€590 | +9.5% |
| Financial charges | 65/66B | €270 | €334 | +€64 | +23.5% |
| Recurring financial charges | 65 | €270 | €334 | +€64 | +23.5% |
| Profit (loss) for the period before taxes | 9903 | -€9,471 | -€64,002 | -€54,531 | -575.8% |
| Income taxes | 67/77 | €25 | €0 | -€25 | -100.0% |
| Profit (loss) for the period | 9904 | -€9,496 | -€64,002 | -€54,506 | -574.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€9,496 | -€64,002 | -€54,506 | -574.0% |
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.