KATINCO: 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.
KATINCO
Largest movements
- Cash -€145,638
down €145,638 (-37.6%), from €387,004 to €241,366
mainly Investment in fixed assets (net) (-€116,554) and Net result for the year (-€76,972)
- Tangible fixed assets +€59,277
up €59,277 (+14.3%), from €414,371 to €473,648
of which Land and buildings: +€100,912
- Receivables within one year -€34,485
down €34,485 (-52.6%), from €65,555 to €31,070
of which Other amounts receivable: -€28,512
- Profit (loss) carried forward -€76,972
down €76,972 (-157.8%), from -€48,770 to -€125,742
- Debts after one year -€16,660
down €16,660 (-100.0%), from €16,660 to €0
- Current portion of long-term debt -€11,697
down €11,697 (-41.2%), from €28,357 to €16,660
- Gross operating margin +€28,212
up €28,212 (+66.9%), from -€42,169 to -€13,957
- Depreciation +€1,457
up €1,457 (+2.6%), from €55,819 to €57,277
- Other operating charges -€983
down €983 (-17.7%), from €5,544 to €4,560
- Financial charges -€844
down €844 (-46.6%), from €1,812 to €968
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 | €874,687 | €754,255 | -€120,432 | -13.8% |
| Fixed assets | 21/28 | €419,421 | €478,698 | +€59,277 | +14.1% |
| Tangible fixed assets | 22/27 | €414,371 | €473,648 | +€59,277 | +14.3% |
| Land and buildings | 22 | €310,719 | €411,631 | +€100,912 | +32.5% |
| Plant, machinery and equipment | 23 | €620 | €465 | -€155 | -25.0% |
| Furniture and vehicles | 24 | €103,032 | €61,552 | -€41,480 | -40.3% |
| Financial fixed assets | 28 | €5,050 | €5,050 | = | 0.0% |
| Current assets | 29/58 | €455,266 | €275,557 | -€179,710 | -39.5% |
| Amounts receivable within one year | 40/41 | €65,555 | €31,070 | -€34,485 | -52.6% |
| Trade receivables | 40 | €19,702 | €13,728 | -€5,974 | -30.3% |
| Other amounts receivable | 41 | €45,853 | €17,342 | -€28,512 | -62.2% |
| Cash at bank and in hand | 54/58 | €387,004 | €241,366 | -€145,638 | -37.6% |
| Deferred charges and accrued income | 490/1 | €2,707 | €3,121 | +€414 | +15.3% |
| Total equity and liabilities | 10/49 | €874,687 | €754,255 | -€120,432 | -13.8% |
| Equity | 10/15 | €800,337 | €723,365 | -€76,972 | -9.6% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €829,107 | €829,107 | = | 0.0% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €829,107 | €829,107 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€48,770 | -€125,742 | -€76,972 | -157.8% |
| Amounts payable | 17/49 | €74,350 | €30,890 | -€43,460 | -58.5% |
| Amounts payable after more than one year | 17 | €16,660 | €0 | -€16,660 | -100.0% |
| Financial debts | 170/4 | €16,660 | €0 | -€16,660 | -100.0% |
| Amounts payable within one year | 42/48 | €57,020 | €30,705 | -€26,315 | -46.1% |
| Current portion of amounts payable after more than one year | 42 | €28,357 | €16,660 | -€11,697 | -41.2% |
| Trade debts | 44 | €6,438 | €5,918 | -€521 | -8.1% |
| Suppliers | 440/4 | €6,438 | €5,918 | -€521 | -8.1% |
| Taxes, remuneration and social security | 45 | €14,271 | €8,128 | -€6,143 | -43.0% |
| Taxes | 450/3 | €12,671 | €8,128 | -€4,543 | -35.9% |
| Remuneration and social security | 454/9 | €1,600 | €0 | -€1,600 | -100.0% |
| Other amounts payable | 47/48 | €7,953 | €0 | -€7,953 | -100.0% |
| Accrued charges and deferred income | 492/3 | €670 | €185 | -€486 | -72.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €55,819 | €57,277 | +€1,457 | +2.6% |
| Other operating charges | 640/8 | €5,544 | €4,560 | -€983 | -17.7% |
| Gross operating margin | 9900 | -€42,169 | -€13,957 | +€28,212 | +66.9% |
| Operating profit (loss) | 9901 | -€103,532 | -€75,794 | +€27,738 | +26.8% |
| Financial income | 75/76B | €0 | - | = | |
| Recurring financial income | 75 | €0 | - | = | |
| Financial charges | 65/66B | €1,812 | €968 | -€844 | -46.6% |
| Recurring financial charges | 65 | €1,812 | €968 | -€844 | -46.6% |
| Profit (loss) for the period before taxes | 9903 | -€105,345 | -€76,762 | +€28,583 | +27.1% |
| Income taxes | 67/77 | €296 | €210 | -€85 | -28.9% |
| Profit (loss) for the period | 9904 | -€105,640 | -€76,972 | +€28,668 | +27.1% |
| Profit (loss) for the period to be appropriated | 9905 | -€105,640 | -€76,972 | +€28,668 | +27.1% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.