Katerko Compagnie: what changed
Katerko Compagnie
Largest movements
- Tangible fixed assets +€181,309
up €181,309 (+262%), from €69,199 to €250,508
of which Land and buildings: +€205,375
- Receivables within one year -€52,024
down €52,024 (-81.7%), from €63,662 to €11,639
of which Other amounts receivable: -€53,663
- Cash -€27,152
down €27,152 (-17.0%), from €160,113 to €132,961
mainly Investment in fixed assets (net) (-€236,956) and Other debts (-€63,627)
- Deferred charges and accrued income +€4,688
up €4,688 (+122%), from €3,827 to €8,514
- Debts after one year +€181,153
new in 2025: €181,153
- Other debts -€63,627
down €63,627 (-88.4%), from €72,000 to €8,373
- Profit (loss) carried forward -€40,858
down €40,858 (-35.3%), from €115,629 to €74,772
- Current portion of long-term debt +€14,229
new in 2025: €14,229
- Trade debts +€10,361
up €10,361 (+29.7%), from €34,849 to €45,210
- Gross operating margin -€82,142
down €82,142 (-82.0%), from €100,173 to €18,031
- Depreciation +€30,806
up €30,806 (+127%), from €24,341 to €55,147
- Financial income +€2,965
up €2,965 (+335%), from €886 to €3,850
- Financial charges +€1,996
up €1,996 (+159%), from €1,257 to €3,253
of which Financial charges: +€3,013
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 | €301,206 | €408,527 | +€107,321 | +35.6% |
| Fixed assets | 21/28 | €73,604 | €255,413 | +€181,809 | +247% |
| Tangible fixed assets | 22/27 | €69,199 | €250,508 | +€181,309 | +262% |
| Land and buildings | 22 | - | €205,375 | +€205,375 | |
| Plant, machinery and equipment | 23 | €12,505 | €5,441 | -€7,064 | -56.5% |
| Furniture and vehicles | 24 | €56,694 | €39,692 | -€17,001 | -30.0% |
| Financial fixed assets | 28 | €4,405 | €4,905 | +€500 | +11.4% |
| Current assets | 29/58 | €227,602 | €153,114 | -€74,488 | -32.7% |
| Amounts receivable within one year | 40/41 | €63,662 | €11,639 | -€52,024 | -81.7% |
| Trade receivables | 40 | €9,999 | €11,639 | +€1,640 | +16.4% |
| Other amounts receivable | 41 | €53,663 | - | -€53,663 | |
| Cash at bank and in hand | 54/58 | €160,113 | €132,961 | -€27,152 | -17.0% |
| Deferred charges and accrued income | 490/1 | €3,827 | €8,514 | +€4,688 | +122% |
| Total equity and liabilities | 10/49 | €301,206 | €408,527 | +€107,321 | +35.6% |
| Equity | 10/15 | €188,773 | €147,916 | -€40,858 | -21.6% |
| Contributions | 10/11 | €62,500 | €62,500 | = | 0.0% |
| Capital | 10 | €62,500 | €62,500 | = | 0.0% |
| Issued capital | 100 | €62,500 | €62,500 | = | 0.0% |
| Reserves | 13 | €10,644 | €10,644 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,250 | €6,250 | = | 0.0% |
| Legal reserve | 130 | €6,250 | €6,250 | = | 0.0% |
| Distributable reserves | 133 | €4,394 | €4,394 | = | 0.0% |
| Profit (loss) carried forward | 14 | €115,629 | €74,772 | -€40,858 | -35.3% |
| Amounts payable | 17/49 | €112,433 | €260,612 | +€148,179 | +132% |
| Amounts payable after more than one year | 17 | - | €181,153 | +€181,153 | |
| Financial debts | 170/4 | - | €181,153 | +€181,153 | |
| Amounts payable within one year | 42/48 | €106,849 | €73,725 | -€33,124 | -31.0% |
| Current portion of amounts payable after more than one year | 42 | - | €14,229 | +€14,229 | |
| Trade debts | 44 | €34,849 | €45,210 | +€10,361 | +29.7% |
| Suppliers | 440/4 | €34,849 | €45,210 | +€10,361 | +29.7% |
| Taxes, remuneration and social security | 45 | - | €5,913 | +€5,913 | |
| Taxes | 450/3 | - | €5,913 | +€5,913 | |
| Other amounts payable | 47/48 | €72,000 | €8,373 | -€63,627 | -88.4% |
| Accrued charges and deferred income | 492/3 | €5,584 | €5,734 | +€150 | +2.7% |
| Remuneration, social security and pensions | 62 | €724 | €854 | +€130 | +18.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €24,341 | €55,147 | +€30,806 | +127% |
| Other operating charges | 640/8 | €2,626 | €3,485 | +€859 | +32.7% |
| Gross operating margin | 9900 | €100,173 | €18,031 | -€82,142 | -82.0% |
| Operating profit (loss) | 9901 | €72,482 | -€41,455 | -€113,938 | |
| Financial income | 75/76B | €886 | €3,850 | +€2,965 | +335% |
| Recurring financial income | 75 | €886 | €3,850 | +€2,965 | +335% |
| Financial charges | 65/66B | €1,257 | €3,253 | +€1,996 | +159% |
| Recurring financial charges | 65 | €240 | €3,253 | +€3,013 | +1,255% |
| Non-recurring financial charges | 66B | €1,017 | - | -€1,017 | |
| Profit (loss) for the period before taxes | 9903 | €72,111 | -€40,858 | -€112,969 | |
| Profit (loss) for the period | 9904 | €72,111 | -€40,858 | -€112,969 | |
| Profit (loss) for the period to be appropriated | 9905 | €72,111 | -€40,858 | -€112,969 |
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 1 November 2026 via checked.be.