KATOBEKE: 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.
KATOBEKE
Largest movements
- Cash -€215,107
down €215,107 (-67.4%), from €319,375 to €104,267
mainly Debts after one year (-€301,976) and Trade debts (-€99,323)
- Tangible fixed assets -€214,049
down €214,049 (-8.7%), from €2.5m to €2.3m
of which Land and buildings: -€189,710
- Deferred charges and accrued income +€35,091
up €35,091 (+1660.7%), from €2,113 to €37,204
- Debts after one year -€301,976
down €301,976 (-20.4%), from €1.5m to €1.2m
- Trade debts -€99,323
down €99,323 (-58.5%), from €169,783 to €70,460
- Reserves +€83,435
up €83,435 (+8.8%), from €946,877 to €1.0m
of which Distributable reserves: +€83,435
- Other debts -€72,940
down €72,940 (-48.6%), from €149,997 to €77,057
- Gross operating margin -€150,093
down €150,093 (-23.9%), from €627,757 to €477,664
- Taxes -€47,874
down €47,874 (-59.0%), from €81,164 to €33,290
- Depreciation +€27,866
up €27,866 (+10.3%), from €270,111 to €297,977
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 | €3,435,563 | €3,016,059 | -€419,504 | -12.2% |
| Fixed assets | 21/28 | €2,466,922 | €2,252,873 | -€214,049 | -8.7% |
| Tangible fixed assets | 22/27 | €2,466,772 | €2,252,723 | -€214,049 | -8.7% |
| Land and buildings | 22 | €2,194,402 | €2,004,693 | -€189,710 | -8.6% |
| Plant, machinery and equipment | 23 | €272,369 | €248,030 | -€24,340 | -8.9% |
| Financial fixed assets | 28 | €150 | €150 | = | 0.0% |
| Current assets | 29/58 | €968,641 | €763,186 | -€205,455 | -21.2% |
| Stocks and contracts in progress | 3 | €629,323 | €606,839 | -€22,484 | -3.6% |
| Stocks | 30/36 | €629,323 | €606,839 | -€22,484 | -3.6% |
| Amounts receivable within one year | 40/41 | €17,831 | €14,876 | -€2,955 | -16.6% |
| Trade receivables | 40 | €3,344 | €8,110 | +€4,767 | +142.5% |
| Other amounts receivable | 41 | €14,487 | €6,766 | -€7,722 | -53.3% |
| Cash at bank and in hand | 54/58 | €319,375 | €104,267 | -€215,107 | -67.4% |
| Deferred charges and accrued income | 490/1 | €2,113 | €37,204 | +€35,091 | +1660.7% |
| Total equity and liabilities | 10/49 | €3,435,563 | €3,016,059 | -€419,504 | -12.2% |
| Equity | 10/15 | €1,348,856 | €1,418,153 | +€69,297 | +5.1% |
| Contributions | 10/11 | €200,000 | €200,000 | = | 0.0% |
| Reserves | 13 | €946,877 | €1,030,312 | +€83,435 | +8.8% |
| Non-distributable reserves | 130/1 | €20,000 | €20,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €20,000 | €20,000 | = | 0.0% |
| Distributable reserves | 133 | €926,877 | €1,010,312 | +€83,435 | +9.0% |
| Investment grants | 15 | €201,979 | €187,841 | -€14,138 | -7.0% |
| Provisions and deferred taxes | 16 | €10,630 | €9,886 | -€744 | -7.0% |
| Deferred taxes | 168 | €10,630 | €9,886 | -€744 | -7.0% |
| Amounts payable | 17/49 | €2,076,076 | €1,588,019 | -€488,057 | -23.5% |
| Amounts payable after more than one year | 17 | €1,479,712 | €1,177,736 | -€301,976 | -20.4% |
| Financial debts | 170/4 | €1,479,712 | €1,177,736 | -€301,976 | -20.4% |
| Amounts payable within one year | 42/48 | €592,181 | €410,283 | -€181,897 | -30.7% |
| Current portion of amounts payable after more than one year | 42 | €248,427 | €261,976 | +€13,550 | +5.5% |
| Trade debts | 44 | €169,783 | €70,460 | -€99,323 | -58.5% |
| Suppliers | 440/4 | €169,783 | €70,460 | -€99,323 | -58.5% |
| Taxes, remuneration and social security | 45 | €23,974 | €790 | -€23,183 | -96.7% |
| Taxes | 450/3 | €23,974 | €790 | -€23,183 | -96.7% |
| Other amounts payable | 47/48 | €149,997 | €77,057 | -€72,940 | -48.6% |
| Accrued charges and deferred income | 492/3 | €4,184 | €0 | -€4,184 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €270,111 | €297,977 | +€27,866 | +10.3% |
| Other operating charges | 640/8 | €19,269 | €20,938 | +€1,669 | +8.7% |
| Gross operating margin | 9900 | €627,757 | €477,664 | -€150,093 | -23.9% |
| Operating profit (loss) | 9901 | €338,377 | €158,748 | -€179,629 | -53.1% |
| Financial income | 75/76B | €18,250 | €17,315 | -€935 | -5.1% |
| Recurring financial income | 75 | €18,250 | €17,315 | -€935 | -5.1% |
| Non-recurring financial income | 76B | €0 | - | = | |
| Financial charges | 65/66B | €61,906 | €60,082 | -€1,824 | -2.9% |
| Recurring financial charges | 65 | €61,906 | €60,082 | -€1,824 | -2.9% |
| Profit (loss) for the period before taxes | 9903 | €294,721 | €115,981 | -€178,740 | -60.6% |
| Transfer from deferred taxes | 780 | €808 | €744 | -€64 | -7.9% |
| Income taxes | 67/77 | €81,164 | €33,290 | -€47,874 | -59.0% |
| Profit (loss) for the period | 9904 | €214,365 | €83,435 | -€130,930 | -61.1% |
| Profit (loss) for the period to be appropriated | 9905 | €214,365 | €83,435 | -€130,930 | -61.1% |
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 5 October 2026 via checked.be.