KATRIEN: 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.
KATRIEN
Largest movements
- Deferred charges and accrued income +€6,285
up €6,285 (+269.9%), from €2,329 to €8,614
- Cash +€5,522
up €5,522 (+13.9%), from €39,635 to €45,158
mainly Net result for the year (+€13,718) and Depreciation (+€4,148)
- Current investments +€5,000
up €5,000 (+50.0%), from €10,000 to €15,000
- Reserves +€13,718
up €13,718 (+13.2%), from €104,142 to €117,860
of which Distributable reserves: +€13,718
- Trade debts +€1,549
up €1,549 (+715.5%), from €217 to €1,766
- Gross operating margin +€3,343
up €3,343 (+14.0%), from €23,876 to €27,219
- Depreciation -€2,351
down €2,351 (-36.2%), from €6,499 to €4,148
- Taxes +€1,780
up €1,780 (+30.2%), from €5,900 to €7,680
- Other operating charges -€500
down €500 (-22.9%), from €2,186 to €1,686
- Financial charges -€327
down €327 (-69.9%), from €467 to €141
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 | €125,459 | €140,908 | +€15,449 | +12.3% |
| Fixed assets | 21/28 | €6,285 | €5,048 | -€1,238 | -19.7% |
| Tangible fixed assets | 22/27 | €6,281 | €5,043 | -€1,238 | -19.7% |
| Plant, machinery and equipment | 23 | €2,045 | €3,029 | +€984 | +48.1% |
| Furniture and vehicles | 24 | €4,236 | €2,014 | -€2,222 | -52.5% |
| Financial fixed assets | 28 | €5 | €5 | = | 0.0% |
| Current assets | 29/58 | €119,173 | €135,860 | +€16,687 | +14.0% |
| Amounts receivable after more than one year | 29 | €25,000 | €25,000 | = | 0.0% |
| Trade receivables | 290 | €25,000 | €25,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €42,209 | €42,088 | -€121 | -0.3% |
| Trade receivables | 40 | €6,742 | - | -€6,742 | |
| Other amounts receivable | 41 | €35,467 | €42,088 | +€6,621 | +18.7% |
| Current investments | 50/53 | €10,000 | €15,000 | +€5,000 | +50.0% |
| Cash at bank and in hand | 54/58 | €39,635 | €45,158 | +€5,522 | +13.9% |
| Deferred charges and accrued income | 490/1 | €2,329 | €8,614 | +€6,285 | +269.9% |
| Total equity and liabilities | 10/49 | €125,459 | €140,908 | +€15,449 | +12.3% |
| Equity | 10/15 | €122,742 | €136,460 | +€13,718 | +11.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €104,142 | €117,860 | +€13,718 | +13.2% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €102,282 | €116,000 | +€13,718 | +13.4% |
| Amounts payable | 17/49 | €2,717 | €4,447 | +€1,731 | +63.7% |
| Amounts payable within one year | 42/48 | €2,717 | €4,447 | +€1,731 | +63.7% |
| Trade debts | 44 | €217 | €1,766 | +€1,549 | +715.5% |
| Suppliers | 440/4 | €217 | €1,766 | +€1,549 | +715.5% |
| Taxes, remuneration and social security | 45 | €2,500 | €2,682 | +€182 | +7.3% |
| Taxes | 450/3 | - | €182 | +€182 | |
| Remuneration and social security | 454/9 | €2,500 | €2,500 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,499 | €4,148 | -€2,351 | -36.2% |
| Other operating charges | 640/8 | €2,186 | €1,686 | -€500 | -22.9% |
| Gross operating margin | 9900 | €23,876 | €27,219 | +€3,343 | +14.0% |
| Operating profit (loss) | 9901 | €15,191 | €21,385 | +€6,194 | +40.8% |
| Financial income | 75/76B | €29 | €154 | +€124 | +423.6% |
| Recurring financial income | 75 | €29 | €154 | +€124 | +423.6% |
| Financial charges | 65/66B | €467 | €141 | -€327 | -69.9% |
| Recurring financial charges | 65 | €467 | €141 | -€327 | -69.9% |
| Profit (loss) for the period before taxes | 9903 | €14,753 | €21,398 | +€6,645 | +45.0% |
| Income taxes | 67/77 | €5,900 | €7,680 | +€1,780 | +30.2% |
| Profit (loss) for the period | 9904 | €8,853 | €13,718 | +€4,865 | +54.9% |
| Profit (loss) for the period to be appropriated | 9905 | €8,853 | €13,718 | +€4,865 | +54.9% |
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 3 October 2026 via checked.be.