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 -€962,533
down €962,533 (-61.7%), from €1.6m to €597,255
of which Land and buildings: -€961,502
- Receivables within one year +€282,868
up €282,868 (+4.6%), from €6.2m to €6.5m
of which Other amounts receivable: +€282,868
- Debts after one year -€720,000
down €720,000 (-16.0%), from €4.5m to €3.8m
- Other operating charges +€229,676
up €229,676 (+32.6%), from €705,030 to €934,706
- Gross operating margin +€156,921
up €156,921 (+19.7%), from €796,995 to €953,915
- Financial charges -€106,543
down €106,543 (-39.0%), from €272,975 to €166,432
- Financial income -€82,814
down €82,814 (-30.9%), from €267,666 to €184,852
- Depreciation -€40,126
down €40,126 (-55.1%), from €72,854 to €32,728
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 | €8,517,842 | €7,790,970 | -€726,872 | -8.5% |
| Fixed assets | 21/28 | €1,559,788 | €597,255 | -€962,533 | -61.7% |
| Tangible fixed assets | 22/27 | €1,559,788 | €597,255 | -€962,533 | -61.7% |
| Land and buildings | 22 | €1,558,334 | €596,831 | -€961,502 | -61.7% |
| Plant, machinery and equipment | 23 | €1,454 | €423 | -€1,030 | -70.9% |
| Current assets | 29/58 | €6,958,055 | €7,193,715 | +€235,660 | +3.4% |
| Stocks and contracts in progress | 3 | €700,882 | €667,945 | -€32,937 | -4.7% |
| Stocks | 30/36 | €700,882 | €667,945 | -€32,937 | -4.7% |
| Amounts receivable within one year | 40/41 | €6,196,633 | €6,479,501 | +€282,868 | +4.6% |
| Trade receivables | 40 | €495 | €495 | = | 0.0% |
| Other amounts receivable | 41 | €6,196,138 | €6,479,006 | +€282,868 | +4.6% |
| Cash at bank and in hand | 54/58 | €40,021 | €14,800 | -€25,221 | -63.0% |
| Deferred charges and accrued income | 490/1 | €20,518 | €31,469 | +€10,951 | +53.4% |
| Total equity and liabilities | 10/49 | €8,517,842 | €7,790,970 | -€726,872 | -8.5% |
| Equity | 10/15 | €3,199,838 | €3,203,432 | +€3,594 | +0.1% |
| Contributions | 10/11 | €83,165 | €83,165 | = | 0.0% |
| Capital | 10 | €83,165 | €83,165 | = | 0.0% |
| Issued capital | 100 | €83,165 | €83,165 | = | 0.0% |
| Reserves | 13 | €3,116,674 | €3,120,268 | +€3,594 | +0.1% |
| Non-distributable reserves | 130/1 | €8,316 | €8,316 | = | 0.0% |
| Legal reserve | 130 | €8,316 | €8,316 | = | 0.0% |
| Distributable reserves | 133 | €3,108,357 | €3,111,951 | +€3,594 | +0.1% |
| Amounts payable | 17/49 | €5,318,004 | €4,587,538 | -€730,466 | -13.7% |
| Amounts payable after more than one year | 17 | €4,500,000 | €3,780,000 | -€720,000 | -16.0% |
| Financial debts | 170/4 | €4,500,000 | €3,780,000 | -€720,000 | -16.0% |
| Amounts payable within one year | 42/48 | €818,004 | €807,538 | -€10,466 | -1.3% |
| Current portion of amounts payable after more than one year | 42 | €720,000 | €720,000 | = | 0.0% |
| Trade debts | 44 | €22,479 | €9,683 | -€12,796 | -56.9% |
| Suppliers | 440/4 | €22,479 | €9,683 | -€12,796 | -56.9% |
| Taxes, remuneration and social security | 45 | €2,334 | €3,642 | +€1,308 | +56.0% |
| Taxes | 450/3 | €2,334 | €3,642 | +€1,308 | +56.0% |
| Other amounts payable | 47/48 | €73,190 | €74,212 | +€1,022 | +1.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €72,854 | €32,728 | -€40,126 | -55.1% |
| Other operating charges | 640/8 | €705,030 | €934,706 | +€229,676 | +32.6% |
| Gross operating margin | 9900 | €796,995 | €953,915 | +€156,921 | +19.7% |
| Operating profit (loss) | 9901 | €19,111 | -€13,518 | -€32,629 | |
| Financial income | 75/76B | €267,666 | €184,852 | -€82,814 | -30.9% |
| Recurring financial income | 75 | €267,666 | €184,852 | -€82,814 | -30.9% |
| Financial charges | 65/66B | €272,975 | €166,432 | -€106,543 | -39.0% |
| Recurring financial charges | 65 | €272,975 | €166,432 | -€106,543 | -39.0% |
| Profit (loss) for the period before taxes | 9903 | €13,802 | €4,902 | -€8,900 | -64.5% |
| Income taxes | 67/77 | €3,643 | €1,308 | -€2,335 | -64.1% |
| Profit (loss) for the period | 9904 | €10,158 | €3,594 | -€6,565 | -64.6% |
| Profit (loss) for the period to be appropriated | 9905 | €10,158 | €3,594 | -€6,565 | -64.6% |
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 18 October 2026 via checked.be.