KATSAN: 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.
KATSAN
Largest movements
- Cash -€4,731
down €4,731 (-3.7%), from €128,098 to €123,368
mainly Trade debts (-€9,012) and Investment in fixed assets (net) (-€7,690)
- Trade debts -€9,012
down €9,012 (-18.9%), from €47,796 to €38,784
- Tax, wage and social debts +€4,709
up €4,709 (+11.3%), from €41,591 to €46,300
of which Remuneration and social security: +€4,612
- Profit (loss) carried forward -€4,487
new in 2025: -€4,487
- Staff costs +€39,730
up €39,730 (+19.9%), from €199,585 to €239,315
- Gross operating margin +€15,285
up €15,285 (+6.4%), from €239,179 to €254,463
- Taxes -€7,071
down €7,071 (-87.1%), from €8,119 to €1,048
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 | €198,047 | €189,465 | -€8,582 | -4.3% |
| Fixed assets | 21/28 | €37,144 | €35,373 | -€1,771 | -4.8% |
| Tangible fixed assets | 22/27 | €29,614 | €27,843 | -€1,771 | -6.0% |
| Plant, machinery and equipment | 23 | €10,170 | €10,811 | +€641 | +6.3% |
| Furniture and vehicles | 24 | €2,189 | €526 | -€1,663 | -76.0% |
| Other tangible fixed assets | 26 | €17,255 | €16,506 | -€749 | -4.3% |
| Financial fixed assets | 28 | €7,530 | €7,530 | = | 0.0% |
| Current assets | 29/58 | €160,903 | €154,092 | -€6,811 | -4.2% |
| Amounts receivable within one year | 40/41 | €30,528 | €29,571 | -€957 | -3.1% |
| Trade receivables | 40 | €25,610 | €23,837 | -€1,774 | -6.9% |
| Other amounts receivable | 41 | €4,918 | €5,735 | +€817 | +16.6% |
| Cash at bank and in hand | 54/58 | €128,098 | €123,368 | -€4,731 | -3.7% |
| Deferred charges and accrued income | 490/1 | €2,277 | €1,153 | -€1,123 | -49.3% |
| Total equity and liabilities | 10/49 | €198,047 | €189,465 | -€8,582 | -4.3% |
| Equity | 10/15 | €108,661 | €104,174 | -€4,487 | -4.1% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €106,661 | €106,661 | = | 0.0% |
| Distributable reserves | 133 | €106,661 | €106,661 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | -€4,487 | -€4,487 | |
| Amounts payable | 17/49 | €89,386 | €85,291 | -€4,095 | -4.6% |
| Amounts payable within one year | 42/48 | €89,386 | €85,291 | -€4,095 | -4.6% |
| Trade debts | 44 | €47,796 | €38,784 | -€9,012 | -18.9% |
| Suppliers | 440/4 | €47,796 | €38,784 | -€9,012 | -18.9% |
| Taxes, remuneration and social security | 45 | €41,591 | €46,300 | +€4,709 | +11.3% |
| Taxes | 450/3 | €19,945 | €20,042 | +€97 | +0.5% |
| Remuneration and social security | 454/9 | €21,646 | €26,258 | +€4,612 | +21.3% |
| Other amounts payable | 47/48 | - | €208 | +€208 | |
| Remuneration, social security and pensions | 62 | €199,585 | €239,315 | +€39,730 | +19.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,930 | €9,461 | +€1,531 | +19.3% |
| Other operating charges | 640/8 | €980 | €3,490 | +€2,510 | +256% |
| Gross operating margin | 9900 | €239,179 | €254,463 | +€15,285 | +6.4% |
| Operating profit (loss) | 9901 | €30,684 | €2,198 | -€28,487 | -92.8% |
| Financial income | 75/76B | €301 | €305 | +€4 | +1.2% |
| Recurring financial income | 75 | €301 | €305 | +€4 | +1.2% |
| Financial charges | 65/66B | €5,352 | €5,941 | +€589 | +11.0% |
| Recurring financial charges | 65 | €5,352 | €5,941 | +€589 | +11.0% |
| Profit (loss) for the period before taxes | 9903 | €25,633 | -€3,439 | -€29,072 | |
| Income taxes | 67/77 | €8,119 | €1,048 | -€7,071 | -87.1% |
| Profit (loss) for the period | 9904 | €17,515 | -€4,487 | -€22,001 | |
| Profit (loss) for the period to be appropriated | 9905 | €17,515 | -€4,487 | -€22,001 |
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 14 October 2026 via checked.be.