Kati: 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.
Kati
Largest movements
- Receivables within one year -€7,494
down €7,494 (-99.4%), from €7,540 to €46
of which Other amounts receivable: -€4,949
- Tangible fixed assets -€4,720
down €4,720 (-25.5%), from €18,488 to €13,767
of which Leasing and similar rights: -€5,056
- Stocks and contracts +€4,396
up €4,396 (+9.0%), from €48,790 to €53,186
- Cash +€1,517
up €1,517 (+16.1%), from €9,426 to €10,943
mainly Other debts (+€18,333) and Depreciation (+€10,587)
- Intangible fixed assets -€1,235
down €1,235 (-57.9%), from €2,133 to €899
- Other debts +€18,333
new in 2025: €18,333
- Tax, wage and social debts -€16,658
down €16,658 (-71.3%), from €23,374 to €6,716
- Current portion of long-term debt -€6,714
down €6,714 (-83.6%), from €8,031 to €1,317
- Profit (loss) carried forward +€2,424
up €2,424 (+6.5%), from -€37,209 to -€34,785
- Accrued charges and deferred income -€2,193
down €2,193 (-30.1%), from €7,280 to €5,088
- Gross operating margin +€30,845
up €30,845, from -€7,872 to €22,973
- Depreciation -€4,224
down €4,224 (-28.5%), from €14,811 to €10,587
- Other operating charges -€3,703
down €3,703 (-39.5%), from €9,381 to €5,678
- Financial charges -€869
down €869 (-16.7%), from €5,217 to €4,349
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 | €88,995 | €80,692 | -€8,303 | -9.3% |
| Fixed assets | 21/28 | €20,621 | €14,666 | -€5,955 | -28.9% |
| Intangible fixed assets | 21 | €2,133 | €899 | -€1,235 | -57.9% |
| Tangible fixed assets | 22/27 | €18,488 | €13,767 | -€4,720 | -25.5% |
| Plant, machinery and equipment | 23 | €2,334 | €5,245 | +€2,910 | +124.7% |
| Furniture and vehicles | 24 | €4,559 | €3,558 | -€1,002 | -22.0% |
| Leasing and similar rights | 25 | €6,455 | €1,399 | -€5,056 | -78.3% |
| Other tangible fixed assets | 26 | €5,139 | €3,566 | -€1,573 | -30.6% |
| Current assets | 29/58 | €68,374 | €66,026 | -€2,348 | -3.4% |
| Stocks and contracts in progress | 3 | €48,790 | €53,186 | +€4,396 | +9.0% |
| Stocks | 30/36 | €48,790 | €53,186 | +€4,396 | +9.0% |
| Amounts receivable within one year | 40/41 | €7,540 | €46 | -€7,494 | -99.4% |
| Trade receivables | 40 | €2,591 | €46 | -€2,545 | -98.2% |
| Other amounts receivable | 41 | €4,949 | - | -€4,949 | |
| Cash at bank and in hand | 54/58 | €9,426 | €10,943 | +€1,517 | +16.1% |
| Deferred charges and accrued income | 490/1 | €2,617 | €1,851 | -€766 | -29.3% |
| Total equity and liabilities | 10/49 | €88,995 | €80,692 | -€8,303 | -9.3% |
| Equity | 10/15 | -€27,417 | -€24,993 | +€2,424 | +8.8% |
| Contributions | 10/11 | €100 | €100 | = | 0.0% |
| Reserves | 13 | €9,692 | €9,692 | = | 0.0% |
| Distributable reserves | 133 | €9,692 | €9,692 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€37,209 | -€34,785 | +€2,424 | +6.5% |
| Amounts payable | 17/49 | €116,411 | €105,684 | -€10,727 | -9.2% |
| Amounts payable after more than one year | 17 | €1,317 | - | -€1,317 | |
| Financial debts | 170/4 | €1,317 | - | -€1,317 | |
| Amounts payable within one year | 42/48 | €107,814 | €100,597 | -€7,217 | -6.7% |
| Current portion of amounts payable after more than one year | 42 | €8,031 | €1,317 | -€6,714 | -83.6% |
| Financial debts | 43 | €35,000 | €33,200 | -€1,800 | -5.1% |
| Credit institutions | 430/8 | €35,000 | €33,200 | -€1,800 | -5.1% |
| Trade debts | 44 | €41,409 | €41,031 | -€378 | -0.9% |
| Suppliers | 440/4 | €41,409 | €41,031 | -€378 | -0.9% |
| Taxes, remuneration and social security | 45 | €23,374 | €6,716 | -€16,658 | -71.3% |
| Taxes | 450/3 | €23,374 | €6,716 | -€16,658 | -71.3% |
| Other amounts payable | 47/48 | - | €18,333 | +€18,333 | |
| Accrued charges and deferred income | 492/3 | €7,280 | €5,088 | -€2,193 | -30.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,811 | €10,587 | -€4,224 | -28.5% |
| Other operating charges | 640/8 | €9,381 | €5,678 | -€3,703 | -39.5% |
| Gross operating margin | 9900 | -€7,872 | €22,973 | +€30,845 | |
| Operating profit (loss) | 9901 | -€32,064 | €6,708 | +€38,772 | |
| Financial income | 75/76B | €289 | €236 | -€54 | -18.5% |
| Recurring financial income | 75 | €289 | €236 | -€54 | -18.5% |
| Financial charges | 65/66B | €5,217 | €4,349 | -€869 | -16.7% |
| Recurring financial charges | 65 | €5,217 | €4,349 | -€869 | -16.7% |
| Profit (loss) for the period before taxes | 9903 | -€36,992 | €2,595 | +€39,587 | |
| Income taxes | 67/77 | €217 | €171 | -€46 | -21.1% |
| Profit (loss) for the period | 9904 | -€37,209 | €2,424 | +€39,633 | |
| Profit (loss) for the period to be appropriated | 9905 | -€37,209 | €2,424 | +€39,633 |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.