KATRIS: 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.
KATRIS
Largest movements
- Receivables within one year +€211,499
up €211,499 (+29.6%), from €714,253 to €925,752
of which Other amounts receivable: +€176,499
- Cash -€76,960
down €76,960 (-19.0%), from €405,265 to €328,305
mainly Receivables within one year (-€211,499) and Deferred charges and accrued income (-€31,838)
- Deferred charges and accrued income +€31,838
up €31,838 (+619.2%), from €5,142 to €36,980
- Tangible fixed assets -€27,842
down €27,842 (-9.0%), from €307,769 to €279,927
of which Furniture and vehicles: -€50,830
- Reserves +€182,000
up €182,000 (+16.8%), from €1.1m to €1.3m
of which Distributable reserves: +€182,000
- Profit (loss) carried forward -€43,616
down €43,616 (-99.6%), from €43,795 to €180
- Tax, wage and social debts +€19,250
up €19,250 (+38.8%), from €49,587 to €68,837
of which Taxes: +€20,165
- Gross operating margin -€54,258
down €54,258 (-9.3%), from €582,202 to €527,944
- Depreciation -€33,501
down €33,501 (-40.0%), from €83,729 to €50,228
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 | €1,452,769 | €1,596,314 | +€143,545 | +9.9% |
| Fixed assets | 21/28 | €307,769 | €279,927 | -€27,842 | -9.0% |
| Tangible fixed assets | 22/27 | €307,769 | €279,927 | -€27,842 | -9.0% |
| Land and buildings | 22 | €155,529 | €179,464 | +€23,935 | +15.4% |
| Plant, machinery and equipment | 23 | €45,095 | €44,149 | -€947 | -2.1% |
| Furniture and vehicles | 24 | €107,144 | €56,314 | -€50,830 | -47.4% |
| Current assets | 29/58 | €1,145,000 | €1,316,388 | +€171,387 | +15.0% |
| Stocks and contracts in progress | 3 | €20,340 | €25,350 | +€5,010 | +24.6% |
| Stocks | 30/36 | €20,340 | €25,350 | +€5,010 | +24.6% |
| Amounts receivable within one year | 40/41 | €714,253 | €925,752 | +€211,499 | +29.6% |
| Trade receivables | 40 | - | €35,000 | +€35,000 | |
| Other amounts receivable | 41 | €714,253 | €890,752 | +€176,499 | +24.7% |
| Cash at bank and in hand | 54/58 | €405,265 | €328,305 | -€76,960 | -19.0% |
| Deferred charges and accrued income | 490/1 | €5,142 | €36,980 | +€31,838 | +619.2% |
| Total equity and liabilities | 10/49 | €1,452,769 | €1,596,314 | +€143,545 | +9.9% |
| Equity | 10/15 | €1,326,413 | €1,464,797 | +€138,384 | +10.4% |
| Contributions | 10/11 | €196,331 | €196,331 | = | 0.0% |
| Reserves | 13 | €1,086,286 | €1,268,286 | +€182,000 | +16.8% |
| Non-distributable reserves | 130/1 | €3,718 | €3,718 | = | 0.0% |
| Reserves not available under the articles | 1311 | €3,718 | €3,718 | = | 0.0% |
| Tax-exempt reserves | 132 | €37,607 | €37,607 | = | 0.0% |
| Distributable reserves | 133 | €1,044,960 | €1,226,960 | +€182,000 | +17.4% |
| Profit (loss) carried forward | 14 | €43,795 | €180 | -€43,616 | -99.6% |
| Amounts payable | 17/49 | €126,357 | €131,517 | +€5,160 | +4.1% |
| Amounts payable after more than one year | 17 | €21,583 | €10,021 | -€11,562 | -53.6% |
| Financial debts | 170/4 | €21,583 | €10,021 | -€11,562 | -53.6% |
| Amounts payable within one year | 42/48 | €104,774 | €121,496 | +€16,723 | +16.0% |
| Current portion of amounts payable after more than one year | 42 | €23,781 | €11,562 | -€12,219 | -51.4% |
| Trade debts | 44 | €20,136 | €27,577 | +€7,441 | +37.0% |
| Suppliers | 440/4 | €20,136 | €27,577 | +€7,441 | +37.0% |
| Taxes, remuneration and social security | 45 | €49,587 | €68,837 | +€19,250 | +38.8% |
| Taxes | 450/3 | €40,378 | €60,543 | +€20,165 | +49.9% |
| Remuneration and social security | 454/9 | €9,209 | €8,294 | -€915 | -9.9% |
| Other amounts payable | 47/48 | €11,270 | €13,520 | +€2,251 | +20.0% |
| Remuneration, social security and pensions | 62 | €260,463 | €258,732 | -€1,731 | -0.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €83,729 | €50,228 | -€33,501 | -40.0% |
| Other operating charges | 640/8 | €3,860 | €3,651 | -€209 | -5.4% |
| Non-recurring operating charges | 66A | €2,904 | - | -€2,904 | |
| Gross operating margin | 9900 | €582,202 | €527,944 | -€54,258 | -9.3% |
| Operating profit (loss) | 9901 | €231,247 | €215,333 | -€15,913 | -6.9% |
| Financial income | 75/76B | €560 | €629 | +€69 | +12.4% |
| Recurring financial income | 75 | €560 | €629 | +€69 | +12.4% |
| Financial charges | 65/66B | €7,349 | €10,047 | +€2,698 | +36.7% |
| Recurring financial charges | 65 | €7,223 | €6,539 | -€684 | -9.5% |
| Non-recurring financial charges | 66B | €126 | €3,508 | +€3,381 | +2674.3% |
| Profit (loss) for the period before taxes | 9903 | €224,457 | €205,916 | -€18,541 | -8.3% |
| Income taxes | 67/77 | €70,788 | €67,531 | -€3,257 | -4.6% |
| Profit (loss) for the period | 9904 | €153,669 | €138,384 | -€15,285 | -9.9% |
| Profit (loss) for the period to be appropriated | 9905 | €153,669 | €138,384 | -€15,285 | -9.9% |
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 5 October 2026 via checked.be.