KATRIEN DUCHATEAU: 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.
KATRIEN DUCHATEAU
Largest movements
- Cash -€15,012
down €15,012 (-40.1%), from €37,427 to €22,415
mainly Contributions, distributions and other (-€75,733) and Receivables within one year (-€7,814)
- Receivables within one year +€7,814
up €7,814 (+27.0%), from €28,941 to €36,754
of which Other amounts receivable: +€8,936
- Deferred charges and accrued income -€1,765
down €1,765 (-42.1%), from €4,192 to €2,428
- Financial fixed assets +€1,575
new in 2025: €1,575
- Tangible fixed assets -€1,571
down €1,571 (-34.7%), from €4,526 to €2,955
- Profit (loss) carried forward -€61,824
down €61,824 (-100%), from €61,824 to €0
- Other debts +€61,275
new in 2025: €61,275
- Tax, wage and social debts -€6,025
down €6,025 (-92.1%), from €6,543 to €518
- Current portion of long-term debt -€1,063
down €1,063 (-74.2%), from €1,433 to €370
- Short-term financial debts -€1,024
down €1,024 (-98.4%), from €1,041 to €17
- Gross operating margin -€39,243
down €39,243 (-64.5%), from €60,809 to €21,566
- Taxes -€10,741
down €10,741 (-71.2%), from €15,085 to €4,344
- Other operating charges +€788
up €788 (+122%), from €645 to €1,433
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.
Derived cash bridge
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 | €75,086 | €66,127 | -€8,959 | -11.9% |
| Fixed assets | 21/28 | €4,526 | €4,530 | +€4 | +0.1% |
| Tangible fixed assets | 22/27 | €4,526 | €2,955 | -€1,571 | -34.7% |
| Furniture and vehicles | 24 | €4,526 | €2,955 | -€1,571 | -34.7% |
| Financial fixed assets | 28 | - | €1,575 | +€1,575 | |
| Current assets | 29/58 | €70,560 | €61,597 | -€8,963 | -12.7% |
| Amounts receivable within one year | 40/41 | €28,941 | €36,754 | +€7,814 | +27.0% |
| Trade receivables | 40 | €25,325 | €24,203 | -€1,122 | -4.4% |
| Other amounts receivable | 41 | €3,615 | €12,552 | +€8,936 | +247% |
| Cash at bank and in hand | 54/58 | €37,427 | €22,415 | -€15,012 | -40.1% |
| Deferred charges and accrued income | 490/1 | €4,192 | €2,428 | -€1,765 | -42.1% |
| Total equity and liabilities | 10/49 | €75,086 | €66,127 | -€8,959 | -11.9% |
| Equity | 10/15 | €64,824 | €3,000 | -€61,824 | -95.4% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €61,824 | €0 | -€61,824 | -100% |
| Amounts payable | 17/49 | €10,262 | €63,127 | +€52,865 | +515% |
| Amounts payable after more than one year | 17 | €370 | €0 | -€370 | -100% |
| Financial debts | 170/4 | €370 | €0 | -€370 | -100% |
| Amounts payable within one year | 42/48 | €9,892 | €63,127 | +€53,235 | +538% |
| Current portion of amounts payable after more than one year | 42 | €1,433 | €370 | -€1,063 | -74.2% |
| Financial debts | 43 | €1,041 | €17 | -€1,024 | -98.4% |
| Credit institutions | 430/8 | €1,041 | €17 | -€1,024 | -98.4% |
| Trade debts | 44 | €875 | €947 | +€72 | +8.2% |
| Suppliers | 440/4 | €875 | €947 | +€72 | +8.2% |
| Taxes, remuneration and social security | 45 | €6,543 | €518 | -€6,025 | -92.1% |
| Taxes | 450/3 | €6,543 | €518 | -€6,025 | -92.1% |
| Other amounts payable | 47/48 | - | €61,275 | +€61,275 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,131 | €1,571 | +€439 | +38.8% |
| Other operating charges | 640/8 | €645 | €1,433 | +€788 | +122% |
| Gross operating margin | 9900 | €60,809 | €21,566 | -€39,243 | -64.5% |
| Operating profit (loss) | 9901 | €59,032 | €18,563 | -€40,470 | -68.6% |
| Financial income | 75/76B | €3 | €25 | +€22 | +824% |
| Recurring financial income | 75 | €3 | €25 | +€22 | +824% |
| Financial charges | 65/66B | €368 | €333 | -€34 | -9.4% |
| Recurring financial charges | 65 | €368 | €333 | -€34 | -9.4% |
| Profit (loss) for the period before taxes | 9903 | €58,667 | €18,254 | -€40,413 | -68.9% |
| Income taxes | 67/77 | €15,085 | €4,344 | -€10,741 | -71.2% |
| Profit (loss) for the period | 9904 | €43,582 | €13,909 | -€29,672 | -68.1% |
| Profit (loss) for the period to be appropriated | 9905 | €43,582 | €13,909 | -€29,672 | -68.1% |
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 29 October 2026 via checked.be.