Katmar: 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.
Katmar
Largest movements
- Tangible fixed assets -€2,450
down €2,450 (-63.7%), from €3,844 to €1,394
- Cash -€1,605
down €1,605 (-72.9%), from €2,201 to €596
mainly Trade debts (-€5,497) and Tax, wage and social debts (-€397)
- Intangible fixed assets -€1,000
down €1,000 (-15.7%), from €6,376 to €5,376
- Receivables within one year +€328
up €328 (+27.7%), from €1,182 to €1,510
of which Trade receivables: +€1,216
- Stocks and contracts +€289
up €289 (+19.6%), from €1,470 to €1,758
- Trade debts -€5,497
down €5,497 (-51.6%), from €10,657 to €5,160
- Profit (loss) carried forward +€1,445
up €1,445 (+74.2%), from -€1,947 to -€503
- Tax, wage and social debts -€397
down €397 (-13.5%), from €2,951 to €2,554
of which Remuneration and social security: -€527
- Staff costs -€4,841
down €4,841 (-69.4%), from €6,973 to €2,132
- Gross operating margin -€2,116
down €2,116 (-13.7%), from €15,392 to €13,277
- Taxes +€707
up €707 (+95.2%), from €743 to €1,450
- Financial charges -€406
down €406 (-56.1%), from €724 to €318
- Depreciation +€192
up €192 (+5.9%), from €3,258 to €3,450
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 | €16,771 | €12,398 | -€4,374 | -26.1% |
| Fixed assets | 21/28 | €10,385 | €6,935 | -€3,450 | -33.2% |
| Intangible fixed assets | 21 | €6,376 | €5,376 | -€1,000 | -15.7% |
| Tangible fixed assets | 22/27 | €3,844 | €1,394 | -€2,450 | -63.7% |
| Plant, machinery and equipment | 23 | €3,844 | €1,394 | -€2,450 | -63.7% |
| Financial fixed assets | 28 | €165 | €165 | = | 0.0% |
| Current assets | 29/58 | €6,386 | €5,462 | -€924 | -14.5% |
| Stocks and contracts in progress | 3 | €1,470 | €1,758 | +€289 | +19.6% |
| Stocks | 30/36 | €1,470 | €1,758 | +€289 | +19.6% |
| Amounts receivable within one year | 40/41 | €1,182 | €1,510 | +€328 | +27.7% |
| Trade receivables | 40 | €0 | €1,216 | +€1,216 | |
| Other amounts receivable | 41 | €1,182 | €294 | -€888 | -75.1% |
| Cash at bank and in hand | 54/58 | €2,201 | €596 | -€1,605 | -72.9% |
| Deferred charges and accrued income | 490/1 | €1,533 | €1,598 | +€65 | +4.2% |
| Total equity and liabilities | 10/49 | €16,771 | €12,398 | -€4,374 | -26.1% |
| Equity | 10/15 | -€947 | €497 | +€1,445 | |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€1,947 | -€503 | +€1,445 | +74.2% |
| Amounts payable | 17/49 | €17,719 | €11,900 | -€5,819 | -32.8% |
| Amounts payable within one year | 42/48 | €17,719 | €11,900 | -€5,819 | -32.8% |
| Trade debts | 44 | €10,657 | €5,160 | -€5,497 | -51.6% |
| Suppliers | 440/4 | €10,657 | €5,160 | -€5,497 | -51.6% |
| Taxes, remuneration and social security | 45 | €2,951 | €2,554 | -€397 | -13.5% |
| Taxes | 450/3 | €2,063 | €2,194 | +€131 | +6.3% |
| Remuneration and social security | 454/9 | €888 | €360 | -€527 | -59.4% |
| Other amounts payable | 47/48 | €4,111 | €4,187 | +€76 | +1.8% |
| Remuneration, social security and pensions | 62 | €6,973 | €2,132 | -€4,841 | -69.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,258 | €3,450 | +€192 | +5.9% |
| Other operating charges | 640/8 | €4,591 | €4,496 | -€96 | -2.1% |
| Gross operating margin | 9900 | €15,392 | €13,277 | -€2,116 | -13.7% |
| Operating profit (loss) | 9901 | €570 | €3,200 | +€2,630 | +461.5% |
| Financial income | 75/76B | €0 | €13 | +€13 | +130300.0% |
| Recurring financial income | 75 | €0 | €13 | +€13 | +130300.0% |
| Financial charges | 65/66B | €724 | €318 | -€406 | -56.1% |
| Recurring financial charges | 65 | €724 | €318 | -€406 | -56.1% |
| Profit (loss) for the period before taxes | 9903 | -€154 | €2,895 | +€3,049 | |
| Income taxes | 67/77 | €743 | €1,450 | +€707 | +95.2% |
| Profit (loss) for the period | 9904 | -€897 | €1,445 | +€2,342 | |
| Profit (loss) for the period to be appropriated | 9905 | -€897 | €1,445 | +€2,342 |
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 10 October 2026 via checked.be.