Katimco: 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.
Katimco
Largest movements
- Receivables within one year +€39,853
up €39,853 (+38.7%), from €102,899 to €142,752
- Tangible fixed assets -€29,246
down €29,246 (-8.2%), from €354,665 to €325,420
- Cash -€6,676
down €6,676 (-33.8%), from €19,759 to €13,083
mainly Receivables within one year (-€39,853) and Debts after one year (-€7,065)
- Intangible fixed assets -€5,903
down €5,903 (-25.0%), from €23,611 to €17,709
- Profit (loss) carried forward +€7,157
up €7,157 (+20.2%), from €35,512 to €42,670
- Debts after one year -€7,065
down €7,065 (-53.1%), from €13,306 to €6,241
- Depreciation +€5,916
up €5,916 (+20.2%), from €29,233 to €35,148
- Gross operating margin -€4,677
down €4,677 (-7.5%), from €62,344 to €57,667
- Financial charges -€4,411
down €4,411 (-31.6%), from €13,950 to €9,539
- Financial income +€4,088
up €4,088 (+122.0%), from €3,351 to €7,439
- Other operating charges -€2,463
down €2,463 (-20.3%), from €12,162 to €9,699
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €503,941 | €499,527 | -€4,414 | -0.9% |
| Fixed assets | 21/28 | €378,277 | €343,128 | -€35,148 | -9.3% |
| Intangible fixed assets | 21 | €23,611 | €17,709 | -€5,903 | -25.0% |
| Tangible fixed assets | 22/27 | €354,665 | €325,420 | -€29,246 | -8.2% |
| Land and buildings | 22 | €296,962 | €283,843 | -€13,120 | -4.4% |
| Plant, machinery and equipment | 23 | €29,283 | €20,741 | -€8,543 | -29.2% |
| Furniture and vehicles | 24 | €28,420 | €20,836 | -€7,583 | -26.7% |
| Current assets | 29/58 | €125,664 | €156,399 | +€30,734 | +24.5% |
| Amounts receivable within one year | 40/41 | €102,899 | €142,752 | +€39,853 | +38.7% |
| Other amounts receivable | 41 | €102,899 | €142,752 | +€39,853 | +38.7% |
| Cash at bank and in hand | 54/58 | €19,759 | €13,083 | -€6,676 | -33.8% |
| Deferred charges and accrued income | 490/1 | €3,006 | €563 | -€2,443 | -81.3% |
| Total equity and liabilities | 10/49 | €503,941 | €499,527 | -€4,414 | -0.9% |
| Equity | 10/15 | €103,070 | €110,227 | +€7,157 | +6.9% |
| Contributions | 10/11 | €66,845 | €66,845 | = | 0.0% |
| Reserves | 13 | €713 | €713 | = | 0.0% |
| Distributable reserves | 133 | €713 | €713 | = | 0.0% |
| Profit (loss) carried forward | 14 | €35,512 | €42,670 | +€7,157 | +20.2% |
| Amounts payable | 17/49 | €400,871 | €389,300 | -€11,572 | -2.9% |
| Amounts payable after more than one year | 17 | €13,306 | €6,241 | -€7,065 | -53.1% |
| Financial debts | 170/4 | €13,306 | €6,241 | -€7,065 | -53.1% |
| Amounts payable within one year | 42/48 | €386,932 | €382,193 | -€4,739 | -1.2% |
| Current portion of amounts payable after more than one year | 42 | €6,629 | €7,065 | +€436 | +6.6% |
| Financial debts | 43 | €371,000 | €371,000 | = | 0.0% |
| Credit institutions | 430/8 | €371,000 | €371,000 | = | 0.0% |
| Trade debts | 44 | €6,303 | €4,128 | -€2,175 | -34.5% |
| Suppliers | 440/4 | €6,303 | €4,128 | -€2,175 | -34.5% |
| Taxes, remuneration and social security | 45 | €3,000 | - | -€3,000 | |
| Taxes | 450/3 | €3,000 | - | -€3,000 | |
| Accrued charges and deferred income | 492/3 | €633 | €865 | +€233 | +36.8% |
| Non-recurring operating income | 76A | €8,250 | €460 | -€7,790 | -94.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €29,233 | €35,148 | +€5,916 | +20.2% |
| Other operating charges | 640/8 | €12,162 | €9,699 | -€2,463 | -20.3% |
| Gross operating margin | 9900 | €62,344 | €57,667 | -€4,677 | -7.5% |
| Operating profit (loss) | 9901 | €20,949 | €12,820 | -€8,129 | -38.8% |
| Financial income | 75/76B | €3,351 | €7,439 | +€4,088 | +122.0% |
| Recurring financial income | 75 | €3,351 | €7,439 | +€4,088 | +122.0% |
| Financial charges | 65/66B | €13,950 | €9,539 | -€4,411 | -31.6% |
| Recurring financial charges | 65 | €13,950 | €9,539 | -€4,411 | -31.6% |
| Profit (loss) for the period before taxes | 9903 | €10,350 | €10,720 | +€370 | +3.6% |
| Income taxes | 67/77 | €1,884 | €3,562 | +€1,678 | +89.1% |
| Profit (loss) for the period | 9904 | €8,466 | €7,157 | -€1,309 | -15.5% |
| Profit (loss) for the period to be appropriated | 9905 | €8,466 | €7,157 | -€1,309 | -15.5% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.