KATINA BEHEER: 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.
KATINA BEHEER
Largest movements
- Current investments +€54,568
up €54,568 (+24.3%), from €224,255 to €278,823
- Reserves +€953,917
up €953,917 (+31.9%), from €3.0m to €3.9m
- Debts after one year -€913,000
down €913,000 (-44.3%), from €2.1m to €1.2m
- Financial income +€230,163
up €230,163 (+102%), from €226,479 to €456,642
- Taxes +€36,370
up €36,370 (+14.0%), from €260,521 to €296,891
- Financial charges -€20,897
down €20,897 (-26.5%), from €78,753 to €57,856
- Gross operating margin +€20,357
up €20,357 (+2.4%), from €840,980 to €861,337
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 | €5,308,135 | €5,402,689 | +€94,553 | +1.8% |
| Fixed assets | 21/28 | €4,935,584 | €4,928,806 | -€6,778 | -0.1% |
| Tangible fixed assets | 22/27 | €7,584 | €806 | -€6,778 | -89.4% |
| Furniture and vehicles | 24 | €7,584 | €806 | -€6,778 | -89.4% |
| Financial fixed assets | 28 | €4,928,000 | €4,928,000 | = | 0.0% |
| Current assets | 29/58 | €372,552 | €473,883 | +€101,331 | +27.2% |
| Amounts receivable within one year | 40/41 | €48,400 | €48,400 | = | 0.0% |
| Trade receivables | 40 | €48,400 | €48,400 | = | 0.0% |
| Current investments | 50/53 | €224,255 | €278,823 | +€54,568 | +24.3% |
| Cash at bank and in hand | 54/58 | €99,897 | €146,411 | +€46,514 | +46.6% |
| Deferred charges and accrued income | 490/1 | - | €248 | +€248 | |
| Total equity and liabilities | 10/49 | €5,308,135 | €5,402,689 | +€94,553 | +1.8% |
| Equity | 10/15 | €3,011,138 | €3,965,055 | +€953,917 | +31.7% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €2,992,538 | €3,946,455 | +€953,917 | +31.9% |
| Distributable reserves | 133 | €2,992,538 | €3,946,455 | +€953,917 | +31.9% |
| Amounts payable | 17/49 | €2,296,998 | €1,437,634 | -€859,364 | -37.4% |
| Amounts payable after more than one year | 17 | €2,063,000 | €1,150,000 | -€913,000 | -44.3% |
| Financial debts | 170/4 | €2,063,000 | €1,150,000 | -€913,000 | -44.3% |
| Amounts payable within one year | 42/48 | €179,254 | €248,151 | +€68,897 | +38.4% |
| Trade debts | 44 | €40,882 | €91,860 | +€50,979 | +125% |
| Suppliers | 440/4 | €40,882 | €91,860 | +€50,979 | +125% |
| Taxes, remuneration and social security | 45 | €138,372 | €156,291 | +€17,918 | +12.9% |
| Taxes | 450/3 | €138,372 | €156,291 | +€17,918 | +12.9% |
| Accrued charges and deferred income | 492/3 | €54,744 | €39,483 | -€15,261 | -27.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,452 | €7,397 | -€4,055 | -35.4% |
| Other operating charges | 640/8 | €1,861 | €1,917 | +€56 | +3.0% |
| Gross operating margin | 9900 | €840,980 | €861,337 | +€20,357 | +2.4% |
| Operating profit (loss) | 9901 | €827,667 | €852,023 | +€24,356 | +2.9% |
| Financial income | 75/76B | €226,479 | €456,642 | +€230,163 | +102% |
| Recurring financial income | 75 | €226,479 | €456,642 | +€230,163 | +102% |
| Financial charges | 65/66B | €78,753 | €57,856 | -€20,897 | -26.5% |
| Recurring financial charges | 65 | €78,753 | €57,856 | -€20,897 | -26.5% |
| Profit (loss) for the period before taxes | 9903 | €975,393 | €1,250,808 | +€275,416 | +28.2% |
| Income taxes | 67/77 | €260,521 | €296,891 | +€36,370 | +14.0% |
| Profit (loss) for the period | 9904 | €714,872 | €953,917 | +€239,045 | +33.4% |
| Profit (loss) for the period to be appropriated | 9905 | €714,872 | €953,917 | +€239,045 | +33.4% |
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 30 October 2026 via checked.be.