KATIMINI: 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.
KATIMINI
Largest movements
- Tangible fixed assets -€8,719
down €8,719 (-33.1%), from €26,339 to €17,620
of which Land and buildings: -€8,679
- Stocks and contracts +€7,654
up €7,654 (+3.5%), from €216,037 to €223,691
- Profit (loss) carried forward +€16,447
up €16,447 (+14.0%), from €117,249 to €133,696
- Other debts -€9,010
down €9,010 (-17.6%), from €51,112 to €42,102
- Debts after one year -€7,033
down €7,033 (-38.3%), from €18,363 to €11,330
- Tax, wage and social debts +€3,148
up €3,148 (+30.1%), from €10,468 to €13,616
- Trade debts -€2,493
down €2,493 (-12.6%), from €19,792 to €17,299
- Gross operating margin +€3,610
up €3,610 (+9.9%), from €36,534 to €40,144
- Write-downs +€2,807
up €2,807 (+102%), from €2,753 to €5,560
- Financial charges -€741
down €741 (-20.6%), from €3,604 to €2,863
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 | €243,112 | €242,931 | -€181 | -0.1% |
| Fixed assets | 21/28 | €26,339 | €17,620 | -€8,719 | -33.1% |
| Tangible fixed assets | 22/27 | €26,339 | €17,620 | -€8,719 | -33.1% |
| Land and buildings | 22 | €26,299 | €17,620 | -€8,679 | -33.0% |
| Furniture and vehicles | 24 | €40 | - | -€40 | |
| Current assets | 29/58 | €216,773 | €225,311 | +€8,538 | +3.9% |
| Stocks and contracts in progress | 3 | €216,037 | €223,691 | +€7,654 | +3.5% |
| Stocks | 30/36 | €216,037 | €223,691 | +€7,654 | +3.5% |
| Amounts receivable within one year | 40/41 | - | €4 | +€4 | |
| Trade receivables | 40 | - | €4 | +€4 | |
| Cash at bank and in hand | 54/58 | €736 | €602 | -€134 | -18.2% |
| Deferred charges and accrued income | 490/1 | - | €1,014 | +€1,014 | |
| Total equity and liabilities | 10/49 | €243,112 | €242,931 | -€181 | -0.1% |
| Equity | 10/15 | €125,309 | €141,756 | +€16,447 | +13.1% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €117,249 | €133,696 | +€16,447 | +14.0% |
| Amounts payable | 17/49 | €117,803 | €101,175 | -€16,628 | -14.1% |
| Amounts payable after more than one year | 17 | €18,363 | €11,330 | -€7,033 | -38.3% |
| Financial debts | 170/4 | €18,363 | €11,330 | -€7,033 | -38.3% |
| Amounts payable within one year | 42/48 | €99,099 | €89,845 | -€9,254 | -9.3% |
| Current portion of amounts payable after more than one year | 42 | €6,817 | €7,033 | +€216 | +3.2% |
| Financial debts | 43 | €10,910 | €9,795 | -€1,115 | -10.2% |
| Credit institutions | 430/8 | €10,910 | €9,795 | -€1,115 | -10.2% |
| Trade debts | 44 | €19,792 | €17,299 | -€2,493 | -12.6% |
| Suppliers | 440/4 | €19,792 | €17,299 | -€2,493 | -12.6% |
| Taxes, remuneration and social security | 45 | €10,468 | €13,616 | +€3,148 | +30.1% |
| Taxes | 450/3 | €10,468 | €13,616 | +€3,148 | +30.1% |
| Other amounts payable | 47/48 | €51,112 | €42,102 | -€9,010 | -17.6% |
| Accrued charges and deferred income | 492/3 | €341 | - | -€341 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,024 | €8,719 | -€305 | -3.4% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €2,753 | €5,560 | +€2,807 | +102% |
| Other operating charges | 640/8 | €85 | €166 | +€81 | +95.3% |
| Gross operating margin | 9900 | €36,534 | €40,144 | +€3,610 | +9.9% |
| Operating profit (loss) | 9901 | €24,672 | €25,699 | +€1,027 | +4.2% |
| Financial income | 75/76B | €234 | - | -€234 | |
| Recurring financial income | 75 | €234 | - | -€234 | |
| Financial charges | 65/66B | €3,604 | €2,863 | -€741 | -20.6% |
| Recurring financial charges | 65 | €3,604 | €2,863 | -€741 | -20.6% |
| Profit (loss) for the period before taxes | 9903 | €21,302 | €22,836 | +€1,534 | +7.2% |
| Income taxes | 67/77 | €6,029 | €6,389 | +€360 | +6.0% |
| Profit (loss) for the period | 9904 | €15,273 | €16,447 | +€1,174 | +7.7% |
| Profit (loss) for the period to be appropriated | 9905 | €15,273 | €16,447 | +€1,174 | +7.7% |
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 16 October 2026 via checked.be.