KATSURA: 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.
KATSURA
Largest movements
- Cash -€5,031
down €5,031 (-95.1%), from €5,289 to €259
mainly Net result for the year (-€23,201) and Other debts (-€5,031)
- Tangible fixed assets -€4,382
down €4,382 (-51.5%), from €8,509 to €4,127
- Receivables within one year +€3,748
up €3,748 (+14.1%), from €26,658 to €30,406
of which Trade receivables: +€3,654
- Profit (loss) carried forward -€23,201
down €23,201 (-35.0%), from -€66,254 to -€89,455
- Trade debts +€22,567
up €22,567 (+308%), from €7,330 to €29,897
- Other debts -€5,031
down €5,031 (-18.8%), from €26,688 to €21,658
- Gross operating margin -€19,495
down €19,495, from €676 to -€18,819
- Depreciation -€1,551
down €1,551 (-26.1%), from €5,933 to €4,382
- Other operating charges -€348
no longer reported in 2025 (was €348)
- Financial charges -€283
no longer reported in 2025 (was €283)
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 | €40,640 | €34,975 | -€5,665 | -13.9% |
| Fixed assets | 21/28 | €8,693 | €4,310 | -€4,382 | -50.4% |
| Tangible fixed assets | 22/27 | €8,509 | €4,127 | -€4,382 | -51.5% |
| Land and buildings | 22 | €8,509 | €4,127 | -€4,382 | -51.5% |
| Financial fixed assets | 28 | €183 | €183 | = | 0.0% |
| Current assets | 29/58 | €31,947 | €30,664 | -€1,283 | -4.0% |
| Amounts receivable within one year | 40/41 | €26,658 | €30,406 | +€3,748 | +14.1% |
| Trade receivables | 40 | €24,629 | €28,283 | +€3,654 | +14.8% |
| Other amounts receivable | 41 | €2,029 | €2,123 | +€94 | +4.6% |
| Cash at bank and in hand | 54/58 | €5,289 | €259 | -€5,031 | -95.1% |
| Total equity and liabilities | 10/49 | €40,640 | €34,975 | -€5,665 | -13.9% |
| Equity | 10/15 | €6,270 | -€16,931 | -€23,201 | |
| Contributions | 10/11 | €6,197 | €6,197 | = | 0.0% |
| Capital | 10 | €6,197 | €6,197 | = | 0.0% |
| Issued capital | 100 | €18,592 | €18,592 | = | 0.0% |
| Uncalled capital | 101 | €12,395 | €12,395 | = | 0.0% |
| Reserves | 13 | €66,327 | €66,327 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Legal reserve | 130 | €1,859 | €1,859 | = | 0.0% |
| Tax-exempt reserves | 132 | €64,467 | €64,467 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€66,254 | -€89,455 | -€23,201 | -35.0% |
| Amounts payable | 17/49 | €34,370 | €51,906 | +€17,536 | +51.0% |
| Amounts payable within one year | 42/48 | €34,370 | €51,906 | +€17,536 | +51.0% |
| Trade debts | 44 | €7,330 | €29,897 | +€22,567 | +308% |
| Suppliers | 440/4 | €7,330 | €29,897 | +€22,567 | +308% |
| Taxes, remuneration and social security | 45 | €351 | €351 | = | 0.0% |
| Taxes | 450/3 | €351 | €351 | = | 0.0% |
| Other amounts payable | 47/48 | €26,688 | €21,658 | -€5,031 | -18.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,933 | €4,382 | -€1,551 | -26.1% |
| Other operating charges | 640/8 | €348 | - | -€348 | |
| Gross operating margin | 9900 | €676 | -€18,819 | -€19,495 | |
| Operating profit (loss) | 9901 | -€5,605 | -€23,201 | -€17,596 | -314% |
| Financial charges | 65/66B | €283 | - | -€283 | |
| Recurring financial charges | 65 | €283 | - | -€283 | |
| Profit (loss) for the period before taxes | 9903 | -€5,887 | -€23,201 | -€17,314 | -294% |
| Profit (loss) for the period | 9904 | -€5,887 | -€23,201 | -€17,314 | -294% |
| Profit (loss) for the period to be appropriated | 9905 | -€5,887 | -€23,201 | -€17,314 | -294% |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 October 2026 via checked.be.