KATRO: 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.
KATRO
Largest movements
- Cash +€19,043
up €19,043 (+27.9%), from €68,336 to €87,379
mainly Net result for the year (+€28,048) and Depreciation (+€19,002)
- Tangible fixed assets -€19,002
down €19,002 (-22.6%), from €83,955 to €64,953
of which Furniture and vehicles: -€18,560
- Receivables within one year +€6,894
up €6,894 (+70.7%), from €9,758 to €16,652
- Tax, wage and social debts +€12,056
up €12,056 (+232.5%), from €5,186 to €17,242
of which Taxes: +€12,496
- Depreciation +€9,688
up €9,688 (+104.0%), from €9,314 to €19,002
- Taxes -€4,028
down €4,028 (-21.1%), from €19,096 to €15,067
- Gross operating margin -€2,814
down €2,814 (-4.2%), from €66,699 to €63,885
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 | €676,727 | €683,734 | +€7,007 | +1.0% |
| Fixed assets | 21/28 | €596,711 | €577,709 | -€19,002 | -3.2% |
| Tangible fixed assets | 22/27 | €83,955 | €64,953 | -€19,002 | -22.6% |
| Land and buildings | 22 | €812 | €370 | -€442 | -54.4% |
| Furniture and vehicles | 24 | €83,143 | €64,583 | -€18,560 | -22.3% |
| Financial fixed assets | 28 | €512,756 | €512,756 | = | 0.0% |
| Current assets | 29/58 | €80,016 | €106,025 | +€26,009 | +32.5% |
| Amounts receivable within one year | 40/41 | €9,758 | €16,652 | +€6,894 | +70.7% |
| Other amounts receivable | 41 | €9,758 | €16,652 | +€6,894 | +70.7% |
| Cash at bank and in hand | 54/58 | €68,336 | €87,379 | +€19,043 | +27.9% |
| Deferred charges and accrued income | 490/1 | €1,923 | €1,994 | +€72 | +3.7% |
| Total equity and liabilities | 10/49 | €676,727 | €683,734 | +€7,007 | +1.0% |
| Equity | 10/15 | €657,178 | €654,704 | -€2,474 | -0.4% |
| Contributions | 10/11 | €335,500 | €335,500 | = | 0.0% |
| Reserves | 13 | €193,451 | €190,977 | -€2,474 | -1.3% |
| Distributable reserves | 133 | €193,451 | €190,977 | -€2,474 | -1.3% |
| Profit (loss) carried forward | 14 | €128,227 | €128,227 | = | 0.0% |
| Amounts payable | 17/49 | €19,550 | €29,030 | +€9,481 | +48.5% |
| Amounts payable after more than one year | 17 | €11,054 | €8,128 | -€2,926 | -26.5% |
| Financial debts | 170/4 | €11,054 | €8,128 | -€2,926 | -26.5% |
| Amounts payable within one year | 42/48 | €8,096 | €20,503 | +€12,407 | +153.2% |
| Current portion of amounts payable after more than one year | 42 | €2,810 | €2,926 | +€116 | +4.1% |
| Trade debts | 44 | €100 | €335 | +€235 | +234.5% |
| Suppliers | 440/4 | €100 | €335 | +€235 | +234.5% |
| Taxes, remuneration and social security | 45 | €5,186 | €17,242 | +€12,056 | +232.5% |
| Taxes | 450/3 | €4,746 | €17,242 | +€12,496 | +263.3% |
| Remuneration and social security | 454/9 | €440 | €0 | -€440 | -100.0% |
| Accrued charges and deferred income | 492/3 | €400 | €400 | = | 0.0% |
| Non-recurring operating income | 76A | €2,131 | €0 | -€2,131 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,314 | €19,002 | +€9,688 | +104.0% |
| Other operating charges | 640/8 | €1,548 | €1,740 | +€192 | +12.4% |
| Gross operating margin | 9900 | €66,699 | €63,885 | -€2,814 | -4.2% |
| Operating profit (loss) | 9901 | €55,837 | €43,143 | -€12,694 | -22.7% |
| Financial income | 75/76B | €295 | €661 | +€366 | +124.0% |
| Recurring financial income | 75 | €295 | €661 | +€366 | +124.0% |
| Financial charges | 65/66B | €512 | €689 | +€178 | +34.8% |
| Recurring financial charges | 65 | €512 | €689 | +€178 | +34.8% |
| Profit (loss) for the period before taxes | 9903 | €55,621 | €43,115 | -€12,506 | -22.5% |
| Income taxes | 67/77 | €19,096 | €15,067 | -€4,028 | -21.1% |
| Profit (loss) for the period | 9904 | €36,525 | €28,048 | -€8,478 | -23.2% |
| Profit (loss) for the period to be appropriated | 9905 | €36,525 | €28,048 | -€8,478 | -23.2% |
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 12 October 2026 via checked.be.