KATTEPOEL: 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.
KATTEPOEL
Largest movements
- Receivables within one year +€24,996
new in 2025: €24,996
of which Trade receivables: +€19,946
- Cash -€23,944
down €23,944 (-78.4%), from €30,535 to €6,591
mainly Investment in fixed assets (net) (-€25,948) and Receivables within one year (-€24,996)
- Tangible fixed assets +€20,028
up €20,028 (+62.1%), from €32,274 to €52,302
of which Plant, machinery and equipment: +€18,703
- Deferred charges and accrued income -€1,163
down €1,163 (-72.8%), from €1,598 to €435
- Stocks and contracts -€1,015
down €1,015 (-10.5%), from €9,646 to €8,631
- Other debts +€25,000
up €25,000 (+20,408%), from €123 to €25,123
- Trade debts -€16,544
down €16,544 (-46.0%), from €35,982 to €19,437
- Profit (loss) carried forward +€15,750
up €15,750 (+90.0%), from -€17,500 to -€1,749
- Current portion of long-term debt -€5,976
down €5,976 (-47.0%), from €12,710 to €6,734
- Gross operating margin -€225,571
down €225,571 (-51.5%), from €438,063 to €212,492
- Staff costs -€202,403
down €202,403 (-51.0%), from €396,779 to €194,376
- Taxes -€15,000
down €15,000, from €8,750 to -€6,250
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 | €75,428 | €94,330 | +€18,902 | +25.1% |
| Fixed assets | 21/28 | €33,649 | €53,677 | +€20,028 | +59.5% |
| Tangible fixed assets | 22/27 | €32,274 | €52,302 | +€20,028 | +62.1% |
| Plant, machinery and equipment | 23 | €15,717 | €34,420 | +€18,703 | +119% |
| Furniture and vehicles | 24 | €7,346 | €9,783 | +€2,437 | +33.2% |
| Other tangible fixed assets | 26 | €9,211 | €8,099 | -€1,112 | -12.1% |
| Financial fixed assets | 28 | €1,375 | €1,375 | = | 0.0% |
| Current assets | 29/58 | €41,779 | €40,653 | -€1,126 | -2.7% |
| Stocks and contracts in progress | 3 | €9,646 | €8,631 | -€1,015 | -10.5% |
| Stocks | 30/36 | €9,646 | €8,631 | -€1,015 | -10.5% |
| Amounts receivable within one year | 40/41 | - | €24,996 | +€24,996 | |
| Trade receivables | 40 | - | €19,946 | +€19,946 | |
| Other amounts receivable | 41 | - | €5,050 | +€5,050 | |
| Cash at bank and in hand | 54/58 | €30,535 | €6,591 | -€23,944 | -78.4% |
| Deferred charges and accrued income | 490/1 | €1,598 | €435 | -€1,163 | -72.8% |
| Total equity and liabilities | 10/49 | €75,428 | €94,330 | +€18,902 | +25.1% |
| Equity | 10/15 | €3,500 | €19,251 | +€15,750 | +450% |
| Contributions | 10/11 | €21,000 | €21,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€17,500 | -€1,749 | +€15,750 | +90.0% |
| Amounts payable | 17/49 | €71,927 | €75,079 | +€3,152 | +4.4% |
| Amounts payable within one year | 42/48 | €71,927 | €75,079 | +€3,152 | +4.4% |
| Current portion of amounts payable after more than one year | 42 | €12,710 | €6,734 | -€5,976 | -47.0% |
| Trade debts | 44 | €35,982 | €19,437 | -€16,544 | -46.0% |
| Suppliers | 440/4 | €35,982 | €19,437 | -€16,544 | -46.0% |
| Taxes, remuneration and social security | 45 | €23,113 | €23,786 | +€673 | +2.9% |
| Taxes | 450/3 | €1,775 | €4,769 | +€2,993 | +169% |
| Remuneration and social security | 454/9 | €21,338 | €19,017 | -€2,321 | -10.9% |
| Other amounts payable | 47/48 | €123 | €25,123 | +€25,000 | +20,408% |
| Remuneration, social security and pensions | 62 | €396,779 | €194,376 | -€202,403 | -51.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,674 | €5,920 | +€1,246 | +26.7% |
| Other operating charges | 640/8 | €2,560 | €1,413 | -€1,147 | -44.8% |
| Gross operating margin | 9900 | €438,063 | €212,492 | -€225,571 | -51.5% |
| Operating profit (loss) | 9901 | €34,049 | €10,782 | -€23,267 | -68.3% |
| Financial income | 75/76B | €968 | €626 | -€342 | -35.3% |
| Recurring financial income | 75 | €968 | €626 | -€342 | -35.3% |
| Financial charges | 65/66B | €5,470 | €1,908 | -€3,562 | -65.1% |
| Recurring financial charges | 65 | €5,470 | €1,908 | -€3,562 | -65.1% |
| Profit (loss) for the period before taxes | 9903 | €29,547 | €9,500 | -€20,047 | -67.8% |
| Income taxes | 67/77 | €8,750 | -€6,250 | -€15,000 | |
| Profit (loss) for the period | 9904 | €20,797 | €15,750 | -€5,047 | -24.3% |
| Profit (loss) for the period to be appropriated | 9905 | €20,797 | €15,750 | -€5,047 | -24.3% |
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 16 October 2026 via checked.be.