KATIMMO: 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.
KATIMMO
Largest movements
- Tangible fixed assets -€42,640
down €42,640 (-4.8%), from €881,801 to €839,161
of which Land and buildings: -€42,640
- Receivables within one year -€15,000
down €15,000 (-28.8%), from €52,000 to €37,000
of which Trade receivables: -€15,000
- Deferred charges and accrued income -€12,000
no longer reported in 2025 (was €12,000)
- Trade debts -€25,151
no longer reported in 2025 (was €25,151)
- Reserves -€22,912
down €22,912 (-4.8%), from €473,468 to €450,556
of which Tax-exempt reserves: -€22,912
- Other debts -€20,140
down €20,140 (-11.3%), from €177,545 to €157,405
- Gross operating margin +€4,118
up €4,118 (+16.3%), from €25,268 to €29,387
- Financial charges -€3,761
down €3,761 (-33.4%), from €11,261 to €7,500
- Depreciation -€880
down €880 (-2.0%), from €43,520 to €42,640
- Taxes +€358
new in 2025: €358
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 | €957,423 | €889,166 | -€68,257 | -7.1% |
| Fixed assets | 21/28 | €881,801 | €839,161 | -€42,640 | -4.8% |
| Tangible fixed assets | 22/27 | €881,801 | €839,161 | -€42,640 | -4.8% |
| Land and buildings | 22 | €878,144 | €835,504 | -€42,640 | -4.9% |
| Plant, machinery and equipment | 23 | €0 | €0 | = | 0.0% |
| Furniture and vehicles | 24 | €3,657 | €3,657 | = | 0.0% |
| Current assets | 29/58 | €75,623 | €50,005 | -€25,617 | -33.9% |
| Amounts receivable within one year | 40/41 | €52,000 | €37,000 | -€15,000 | -28.8% |
| Trade receivables | 40 | €42,000 | €27,000 | -€15,000 | -35.7% |
| Other amounts receivable | 41 | €10,000 | €10,000 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €11,623 | €13,005 | +€1,383 | +11.9% |
| Deferred charges and accrued income | 490/1 | €12,000 | - | -€12,000 | |
| Total equity and liabilities | 10/49 | €957,423 | €889,166 | -€68,257 | -7.1% |
| Equity | 10/15 | €619,651 | €601,359 | -€18,292 | -3.0% |
| Contributions | 10/11 | €99,157 | €99,157 | = | 0.0% |
| Capital | 10 | €99,157 | €99,157 | = | 0.0% |
| Issued capital | 100 | €99,157 | €99,157 | = | 0.0% |
| Reserves | 13 | €473,468 | €450,556 | -€22,912 | -4.8% |
| Non-distributable reserves | 130/1 | €9,916 | €9,916 | = | 0.0% |
| Legal reserve | 130 | €9,916 | €9,916 | = | 0.0% |
| Tax-exempt reserves | 132 | €371,533 | €348,621 | -€22,912 | -6.2% |
| Distributable reserves | 133 | €92,020 | €92,020 | = | 0.0% |
| Profit (loss) carried forward | 14 | €47,025 | €51,645 | +€4,620 | +9.8% |
| Provisions and deferred taxes | 16 | €123,844 | €116,207 | -€7,637 | -6.2% |
| Deferred taxes | 168 | €123,844 | €116,207 | -€7,637 | -6.2% |
| Amounts payable | 17/49 | €213,928 | €171,600 | -€42,328 | -19.8% |
| Amounts payable within one year | 42/48 | €206,066 | €163,373 | -€42,694 | -20.7% |
| Trade debts | 44 | €25,151 | - | -€25,151 | |
| Suppliers | 440/4 | €25,151 | - | -€25,151 | |
| Taxes, remuneration and social security | 45 | €3,369 | €5,968 | +€2,598 | +77.1% |
| Taxes | 450/3 | €3,369 | €5,968 | +€2,598 | +77.1% |
| Other amounts payable | 47/48 | €177,545 | €157,405 | -€20,140 | -11.3% |
| Accrued charges and deferred income | 492/3 | €7,862 | €8,227 | +€365 | +4.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €43,520 | €42,640 | -€880 | -2.0% |
| Other operating charges | 640/8 | €4,674 | €4,819 | +€145 | +3.1% |
| Gross operating margin | 9900 | €25,268 | €29,387 | +€4,118 | +16.3% |
| Operating profit (loss) | 9901 | -€22,926 | -€18,073 | +€4,853 | +21.2% |
| Financial income | 75/76B | - | €1 | +€1 | |
| Recurring financial income | 75 | - | €1 | +€1 | |
| Financial charges | 65/66B | €11,261 | €7,500 | -€3,761 | -33.4% |
| Recurring financial charges | 65 | €11,261 | €7,500 | -€3,761 | -33.4% |
| Profit (loss) for the period before taxes | 9903 | -€34,186 | -€25,571 | +€8,615 | +25.2% |
| Transfer from deferred taxes | 780 | €7,637 | €7,637 | = | 0.0% |
| Income taxes | 67/77 | - | €358 | +€358 | |
| Profit (loss) for the period | 9904 | -€26,549 | -€18,292 | +€8,257 | +31.1% |
| Transfer from tax-exempt reserves | 789 | €22,912 | €22,912 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€3,637 | €4,620 | +€8,257 |
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 9 October 2026 via checked.be.