Kathalinel: 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.
Kathalinel
Largest movements
- Cash +€46,866
up €46,866 (+80.9%), from €57,957 to €104,823
mainly Net result for the year (+€37,193) and Trade debts (+€11,917)
- Receivables within one year +€3,344
up €3,344 (+31.2%), from €10,728 to €14,073
of which Trade receivables: +€5,391
- Formation expenses -€1,616
no longer reported in 2025 (was €1,616)
- Reserves +€36,208
up €36,208 (+72.7%), from €49,792 to €86,000
- Trade debts +€11,917
up €11,917 (+1158.3%), from €1,029 to €12,946
- Other debts -€1,460
down €1,460 (-26.5%), from €5,507 to €4,047
- Gross operating margin -€13,273
down €13,273 (-21.2%), from €62,603 to €49,330
- Taxes -€2,639
down €2,639 (-21.2%), from €12,474 to €9,835
- Depreciation +€1,616
new in 2025: €1,616
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 | €70,301 | €118,895 | +€48,594 | +69.1% |
| Formation expenses | 20 | €1,616 | - | -€1,616 | |
| Current assets | 29/58 | €68,685 | €118,895 | +€50,210 | +73.1% |
| Amounts receivable within one year | 40/41 | €10,728 | €14,073 | +€3,344 | +31.2% |
| Trade receivables | 40 | €8,682 | €14,073 | +€5,391 | +62.1% |
| Other amounts receivable | 41 | €2,047 | - | -€2,047 | |
| Cash at bank and in hand | 54/58 | €57,957 | €104,823 | +€46,866 | +80.9% |
| Total equity and liabilities | 10/49 | €70,301 | €118,895 | +€48,594 | +69.1% |
| Equity | 10/15 | €51,292 | €88,485 | +€37,193 | +72.5% |
| Contributions | 10/11 | €1,500 | €1,500 | = | 0.0% |
| Reserves | 13 | €49,792 | €86,000 | +€36,208 | +72.7% |
| Distributable reserves | 133 | €49,792 | €86,000 | +€36,208 | +72.7% |
| Profit (loss) carried forward | 14 | - | €985 | +€985 | |
| Amounts payable | 17/49 | €19,010 | €30,411 | +€11,401 | +60.0% |
| Amounts payable within one year | 42/48 | €19,010 | €29,361 | +€10,351 | +54.5% |
| Trade debts | 44 | €1,029 | €12,946 | +€11,917 | +1158.3% |
| Suppliers | 440/4 | €1,029 | €12,946 | +€11,917 | +1158.3% |
| Taxes, remuneration and social security | 45 | €12,474 | €12,368 | -€106 | -0.9% |
| Taxes | 450/3 | €12,474 | €12,368 | -€106 | -0.9% |
| Other amounts payable | 47/48 | €5,507 | €4,047 | -€1,460 | -26.5% |
| Accrued charges and deferred income | 492/3 | - | €1,050 | +€1,050 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €1,616 | +€1,616 | |
| Other operating charges | 640/8 | €118 | €486 | +€368 | +311.6% |
| Gross operating margin | 9900 | €62,603 | €49,330 | -€13,273 | -21.2% |
| Operating profit (loss) | 9901 | €62,485 | €47,228 | -€15,257 | -24.4% |
| Financial income | 75/76B | €1 | - | -€1 | |
| Recurring financial income | 75 | €1 | - | -€1 | |
| Financial charges | 65/66B | €220 | €201 | -€20 | -8.9% |
| Recurring financial charges | 65 | €220 | €201 | -€20 | -8.9% |
| Profit (loss) for the period before taxes | 9903 | €62,266 | €47,028 | -€15,238 | -24.5% |
| Income taxes | 67/77 | €12,474 | €9,835 | -€2,639 | -21.2% |
| Profit (loss) for the period | 9904 | €49,792 | €37,193 | -€12,599 | -25.3% |
| Profit (loss) for the period to be appropriated | 9905 | €49,792 | €37,193 | -€12,599 | -25.3% |
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 5 October 2026 via checked.be.