KaTIEN: 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.
KaTIEN
Largest movements
- Tangible fixed assets +€25,411
up €25,411 (+1695.4%), from €1,499 to €26,910
of which Furniture and vehicles: +€25,411
- Cash -€22,242
down €22,242 (-32.0%), from €69,596 to €47,354
mainly Investment in fixed assets (net) (-€30,043) and Other debts (-€7,367)
- Receivables within one year -€1,534
down €1,534 (-17.5%), from €8,788 to €7,254
of which Other amounts receivable: -€1,534
- Other debts -€7,367
down €7,367 (-8.1%), from €90,984 to €83,617
- Reserves +€6,407
new in 2025: €6,407
- Trade debts +€1,726
up €1,726 (+317.1%), from €544 to €2,270
- Gross operating margin -€12,946
down €12,946 (-44.0%), from €29,404 to €16,458
- Depreciation +€3,803
up €3,803 (+458.7%), from €829 to €4,632
- Taxes +€1,607
up €1,607 (+93.0%), from €1,729 to €3,335
- Financial charges -€1,530
down €1,530 (-94.3%), from €1,623 to €93
- Other operating charges -€1,011
down €1,011 (-41.1%), from €2,462 to €1,451
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 | €103,388 | €105,429 | +€2,041 | +2.0% |
| Fixed assets | 21/28 | €1,499 | €26,910 | +€25,411 | +1695.4% |
| Tangible fixed assets | 22/27 | €1,499 | €26,910 | +€25,411 | +1695.4% |
| Plant, machinery and equipment | 23 | €0 | - | = | |
| Furniture and vehicles | 24 | €1,499 | €26,910 | +€25,411 | +1695.4% |
| Other tangible fixed assets | 26 | €0 | - | = | |
| Current assets | 29/58 | €101,889 | €78,519 | -€23,370 | -22.9% |
| Stocks and contracts in progress | 3 | €23,505 | €23,505 | = | 0.0% |
| Stocks | 30/36 | €23,505 | €23,505 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €8,788 | €7,254 | -€1,534 | -17.5% |
| Trade receivables | 40 | €0 | - | = | |
| Other amounts receivable | 41 | €8,788 | €7,254 | -€1,534 | -17.5% |
| Cash at bank and in hand | 54/58 | €69,596 | €47,354 | -€22,242 | -32.0% |
| Deferred charges and accrued income | 490/1 | €0 | €406 | +€406 | |
| Total equity and liabilities | 10/49 | €103,388 | €105,429 | +€2,041 | +2.0% |
| Equity | 10/15 | €11,859 | €18,807 | +€6,947 | +58.6% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | - | €6,407 | +€6,407 | |
| Distributable reserves | 133 | - | €6,407 | +€6,407 | |
| Profit (loss) carried forward | 14 | -€541 | €0 | +€541 | |
| Amounts payable | 17/49 | €91,528 | €86,622 | -€4,906 | -5.4% |
| Amounts payable after more than one year | 17 | €0 | - | = | |
| Financial debts | 170/4 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €91,528 | €86,223 | -€5,306 | -5.8% |
| Current portion of amounts payable after more than one year | 42 | €0 | - | = | |
| Trade debts | 44 | €544 | €2,270 | +€1,726 | +317.1% |
| Suppliers | 440/4 | €544 | €2,270 | +€1,726 | +317.1% |
| Advances received on contracts in progress | 46 | €0 | - | = | |
| Taxes, remuneration and social security | 45 | - | €335 | +€335 | |
| Taxes | 450/3 | - | €335 | +€335 | |
| Other amounts payable | 47/48 | €90,984 | €83,617 | -€7,367 | -8.1% |
| Accrued charges and deferred income | 492/3 | - | €400 | +€400 | |
| Non-recurring operating income | 76A | €34,102 | €0 | -€34,102 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €829 | €4,632 | +€3,803 | +458.7% |
| Other operating charges | 640/8 | €2,462 | €1,451 | -€1,011 | -41.1% |
| Non-recurring operating charges | 66A | €1,070 | €0 | -€1,070 | -100.0% |
| Gross operating margin | 9900 | €29,404 | €16,458 | -€12,946 | -44.0% |
| Operating profit (loss) | 9901 | €25,043 | €10,375 | -€14,668 | -58.6% |
| Financial income | 75/76B | €126 | €1 | -€126 | -99.5% |
| Recurring financial income | 75 | €126 | €1 | -€126 | -99.5% |
| Financial charges | 65/66B | €1,623 | €93 | -€1,530 | -94.3% |
| Recurring financial charges | 65 | €1,623 | €93 | -€1,530 | -94.3% |
| Profit (loss) for the period before taxes | 9903 | €23,546 | €10,283 | -€13,264 | -56.3% |
| Income taxes | 67/77 | €1,729 | €3,335 | +€1,607 | +93.0% |
| Profit (loss) for the period | 9904 | €21,818 | €6,947 | -€14,870 | -68.2% |
| Profit (loss) for the period to be appropriated | 9905 | €21,818 | €6,947 | -€14,870 | -68.2% |
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 9 October 2026 via checked.be.