Kathyco: 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.
Kathyco
Largest movements
- Receivables within one year -€112,446
down €112,446 (-71.8%), from €156,706 to €44,260
of which Trade receivables: -€141,982
- Cash -€86,237
down €86,237 (-29.1%), from €296,652 to €210,415
mainly Contributions, distributions and other (-€113,453) and Tax, wage and social debts (-€74,360)
- Tangible fixed assets -€10,252
down €10,252 (-31.0%), from €33,028 to €22,776
- Reserves -€179,534
down €179,534 (-73.9%), from €242,962 to €63,429
- Tax, wage and social debts -€74,360
down €74,360 (-70.5%), from €105,499 to €31,139
- Other debts +€52,036
up €52,036 (+46.8%), from €111,127 to €163,163
- Accrued charges and deferred income -€6,374
down €6,374 (-100%), from €6,374 to €0
- Gross operating margin -€257,045
down €257,045, from €202,577 to -€54,468
- Taxes -€41,098
down €41,098 (-99.6%), from €41,271 to €173
- Financial charges -€6,154
down €6,154 (-94.3%), from €6,526 to €372
- Depreciation -€3,949
down €3,949 (-27.8%), from €14,201 to €10,252
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 | €486,822 | €278,002 | -€208,820 | -42.9% |
| Fixed assets | 21/28 | €33,028 | €22,776 | -€10,252 | -31.0% |
| Tangible fixed assets | 22/27 | €33,028 | €22,776 | -€10,252 | -31.0% |
| Furniture and vehicles | 24 | €33,028 | €22,776 | -€10,252 | -31.0% |
| Current assets | 29/58 | €453,794 | €255,226 | -€198,568 | -43.8% |
| Amounts receivable within one year | 40/41 | €156,706 | €44,260 | -€112,446 | -71.8% |
| Trade receivables | 40 | €156,706 | €14,725 | -€141,982 | -90.6% |
| Other amounts receivable | 41 | - | €29,535 | +€29,535 | |
| Cash at bank and in hand | 54/58 | €296,652 | €210,415 | -€86,237 | -29.1% |
| Deferred charges and accrued income | 490/1 | €436 | €551 | +€115 | +26.3% |
| Total equity and liabilities | 10/49 | €486,822 | €278,002 | -€208,820 | -42.9% |
| Equity | 10/15 | €261,562 | €82,029 | -€179,534 | -68.6% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €242,962 | €63,429 | -€179,534 | -73.9% |
| Distributable reserves | 133 | €242,962 | €63,429 | -€179,534 | -73.9% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €225,259 | €195,973 | -€29,286 | -13.0% |
| Amounts payable within one year | 42/48 | €218,885 | €195,973 | -€22,912 | -10.5% |
| Trade debts | 44 | €2,259 | €1,671 | -€588 | -26.0% |
| Suppliers | 440/4 | €2,259 | €1,671 | -€588 | -26.0% |
| Taxes, remuneration and social security | 45 | €105,499 | €31,139 | -€74,360 | -70.5% |
| Taxes | 450/3 | €105,499 | €31,139 | -€74,360 | -70.5% |
| Other amounts payable | 47/48 | €111,127 | €163,163 | +€52,036 | +46.8% |
| Accrued charges and deferred income | 492/3 | €6,374 | €0 | -€6,374 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,201 | €10,252 | -€3,949 | -27.8% |
| Other operating charges | 640/8 | €483 | €820 | +€338 | +70.0% |
| Gross operating margin | 9900 | €202,577 | -€54,468 | -€257,045 | |
| Operating profit (loss) | 9901 | €187,893 | -€65,540 | -€253,434 | |
| Financial income | 75/76B | €45 | €5 | -€41 | -89.8% |
| Recurring financial income | 75 | €45 | €5 | -€41 | -89.8% |
| Financial charges | 65/66B | €6,526 | €372 | -€6,154 | -94.3% |
| Recurring financial charges | 65 | €6,526 | €372 | -€6,154 | -94.3% |
| Profit (loss) for the period before taxes | 9903 | €181,413 | -€65,908 | -€247,320 | |
| Income taxes | 67/77 | €41,271 | €173 | -€41,098 | -99.6% |
| Profit (loss) for the period | 9904 | €140,142 | -€66,081 | -€206,222 | |
| Profit (loss) for the period to be appropriated | 9905 | €140,142 | -€66,081 | -€206,222 |
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 25 October 2026 via checked.be.