KATRIEN DAEMS: 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 DAEMS
Largest movements
- Current investments +€36,000
up €36,000 (+73.5%), from €49,000 to €85,000
- Cash -€12,277
down €12,277 (-26.3%), from €46,629 to €34,352
mainly Current investments (-€36,000) and Receivables within one year (-€7,177)
- Receivables within one year +€7,177
up €7,177 (+46.0%), from €15,606 to €22,783
of which Trade receivables: +€3,974
- Tangible fixed assets +€2,986
up €2,986 (+63.5%), from €4,705 to €7,690
of which Furniture and vehicles: +€2,484
- Profit (loss) carried forward +€23,073
up €23,073 (+22.0%), from €104,772 to €127,846
- Tax, wage and social debts +€8,612
up €8,612 (+67.6%), from €12,743 to €21,354
of which Taxes: +€8,612
- Trade debts +€3,616
up €3,616 (+3201.7%), from €113 to €3,729
- Gross operating margin -€14,541
down €14,541 (-27.7%), from €52,453 to €37,911
- Taxes -€2,578
down €2,578 (-24.0%), from €10,743 to €8,165
- Financial charges +€1,850
up €1,850 (+85.9%), from €2,154 to €4,004
- Depreciation +€658
up €658 (+51.9%), from €1,268 to €1,926
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 | €120,953 | €155,929 | +€34,976 | +28.9% |
| Fixed assets | 21/28 | €4,705 | €7,690 | +€2,986 | +63.5% |
| Tangible fixed assets | 22/27 | €4,705 | €7,690 | +€2,986 | +63.5% |
| Plant, machinery and equipment | 23 | €1,910 | €2,412 | +€502 | +26.3% |
| Furniture and vehicles | 24 | €2,795 | €5,279 | +€2,484 | +88.9% |
| Current assets | 29/58 | €116,248 | €148,238 | +€31,990 | +27.5% |
| Amounts receivable within one year | 40/41 | €15,606 | €22,783 | +€7,177 | +46.0% |
| Trade receivables | 40 | €14,812 | €18,786 | +€3,974 | +26.8% |
| Other amounts receivable | 41 | €794 | €3,997 | +€3,203 | +403.5% |
| Current investments | 50/53 | €49,000 | €85,000 | +€36,000 | +73.5% |
| Cash at bank and in hand | 54/58 | €46,629 | €34,352 | -€12,277 | -26.3% |
| Deferred charges and accrued income | 490/1 | €5,014 | €6,103 | +€1,089 | +21.7% |
| Total equity and liabilities | 10/49 | €120,953 | €155,929 | +€34,976 | +28.9% |
| Equity | 10/15 | €107,772 | €130,846 | +€23,073 | +21.4% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €104,772 | €127,846 | +€23,073 | +22.0% |
| Amounts payable | 17/49 | €13,181 | €25,083 | +€11,902 | +90.3% |
| Amounts payable within one year | 42/48 | €13,181 | €25,083 | +€11,902 | +90.3% |
| Trade debts | 44 | €113 | €3,729 | +€3,616 | +3201.7% |
| Suppliers | 440/4 | €113 | €3,729 | +€3,616 | +3201.7% |
| Taxes, remuneration and social security | 45 | €12,743 | €21,354 | +€8,612 | +67.6% |
| Taxes | 450/3 | €10,743 | €19,354 | +€8,612 | +80.2% |
| Remuneration and social security | 454/9 | €2,000 | €2,000 | = | 0.0% |
| Other amounts payable | 47/48 | €325 | - | -€325 | |
| Non-recurring operating income | 76A | - | €709 | +€709 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,268 | €1,926 | +€658 | +51.9% |
| Other operating charges | 640/8 | €764 | €749 | -€15 | -1.9% |
| Gross operating margin | 9900 | €52,453 | €37,911 | -€14,541 | -27.7% |
| Operating profit (loss) | 9901 | €50,421 | €35,236 | -€15,184 | -30.1% |
| Financial income | 75/76B | - | €6 | +€6 | |
| Recurring financial income | 75 | - | €6 | +€6 | |
| Financial charges | 65/66B | €2,154 | €4,004 | +€1,850 | +85.9% |
| Recurring financial charges | 65 | €2,154 | €4,004 | +€1,850 | +85.9% |
| Profit (loss) for the period before taxes | 9903 | €48,267 | €31,238 | -€17,029 | -35.3% |
| Income taxes | 67/77 | €10,743 | €8,165 | -€2,578 | -24.0% |
| Profit (loss) for the period | 9904 | €37,524 | €23,073 | -€14,451 | -38.5% |
| Profit (loss) for the period to be appropriated | 9905 | €37,524 | €23,073 | -€14,451 | -38.5% |
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 6 October 2026 via checked.be.