KATZA GROUP: 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.
KATZA GROUP
Largest movements
- Receivables within one year -€135,456
down €135,456 (-51.2%), from €264,412 to €128,955
of which Trade receivables: -€169,329
- Stocks and contracts +€68,375
up €68,375 (+33.2%), from €205,770 to €274,146
- Intangible fixed assets +€47,961
up €47,961 (+85.4%), from €56,158 to €104,118
- Tangible fixed assets -€26,596
down €26,596 (-8.0%), from €331,170 to €304,574
of which Land and buildings: -€18,027
- Cash -€16,662
down €16,662 (-47.8%), from €34,863 to €18,201
mainly Investment in fixed assets (net) (-€71,504) and Stocks and contracts (-€68,375)
- Other debts -€50,132
no longer reported in 2024 (was €50,132)
- Debts after one year -€44,753
down €44,753 (-11.7%), from €382,849 to €338,097
- Reserves +€31,250
up €31,250 (+13.3%), from €235,680 to €266,930
of which Distributable reserves: +€31,250
- Short-term financial debts -€15,064
down €15,064 (-69.3%), from €21,727 to €6,663
- Trade debts +€11,201
up €11,201 (+6.9%), from €161,457 to €172,658
- Gross operating margin +€40,326
up €40,326 (+24.2%), from €166,883 to €207,209
- Depreciation +€18,444
up €18,444 (+58.2%), from €31,714 to €50,158
- Financial charges +€11,947
up €11,947 (+42.7%), from €28,006 to €39,953
of which Non-recurring financial charges: +€13,975
- Staff costs -€6,021
down €6,021 (-8.8%), from €68,684 to €62,663
- Other operating charges +€4,712
up €4,712 (+104%), from €4,517 to €9,229
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €962,854 | €899,019 | -€63,835 | -6.6% |
| Fixed assets | 21/28 | €387,347 | €408,693 | +€21,345 | +5.5% |
| Intangible fixed assets | 21 | €56,158 | €104,118 | +€47,961 | +85.4% |
| Tangible fixed assets | 22/27 | €331,170 | €304,574 | -€26,596 | -8.0% |
| Land and buildings | 22 | €298,975 | €280,948 | -€18,027 | -6.0% |
| Plant, machinery and equipment | 23 | €17,710 | €14,191 | -€3,519 | -19.9% |
| Furniture and vehicles | 24 | €14,485 | €9,435 | -€5,050 | -34.9% |
| Financial fixed assets | 28 | €20 | - | -€20 | |
| Current assets | 29/58 | €575,507 | €490,326 | -€85,181 | -14.8% |
| Amounts receivable after more than one year | 29 | €69,000 | €69,000 | = | 0.0% |
| Other amounts receivable | 291 | €69,000 | €69,000 | = | 0.0% |
| Stocks and contracts in progress | 3 | €205,770 | €274,146 | +€68,375 | +33.2% |
| Stocks | 30/36 | €205,770 | €274,146 | +€68,375 | +33.2% |
| Amounts receivable within one year | 40/41 | €264,412 | €128,955 | -€135,456 | -51.2% |
| Trade receivables | 40 | €262,496 | €93,167 | -€169,329 | -64.5% |
| Other amounts receivable | 41 | €1,915 | €35,788 | +€33,873 | +1,768% |
| Cash at bank and in hand | 54/58 | €34,863 | €18,201 | -€16,662 | -47.8% |
| Deferred charges and accrued income | 490/1 | €1,463 | €25 | -€1,438 | -98.3% |
| Total equity and liabilities | 10/49 | €962,854 | €899,019 | -€63,835 | -6.6% |
| Equity | 10/15 | €257,816 | €289,131 | +€31,315 | +12.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €235,680 | €266,930 | +€31,250 | +13.3% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €233,820 | €265,070 | +€31,250 | +13.4% |
| Profit (loss) carried forward | 14 | €3,536 | €3,601 | +€65 | +1.8% |
| Amounts payable | 17/49 | €705,039 | €609,888 | -€95,150 | -13.5% |
| Amounts payable after more than one year | 17 | €382,849 | €338,097 | -€44,753 | -11.7% |
| Financial debts | 170/4 | €382,849 | €338,097 | -€44,753 | -11.7% |
| Amounts payable within one year | 42/48 | €320,779 | €270,382 | -€50,397 | -15.7% |
| Current portion of amounts payable after more than one year | 42 | €43,697 | €44,753 | +€1,056 | +2.4% |
| Financial debts | 43 | €21,727 | €6,663 | -€15,064 | -69.3% |
| Credit institutions | 430/8 | €21,727 | €6,663 | -€15,064 | -69.3% |
| Trade debts | 44 | €161,457 | €172,658 | +€11,201 | +6.9% |
| Suppliers | 440/4 | €161,457 | €172,658 | +€11,201 | +6.9% |
| Taxes, remuneration and social security | 45 | €43,766 | €46,307 | +€2,541 | +5.8% |
| Taxes | 450/3 | €38,953 | €41,424 | +€2,471 | +6.3% |
| Remuneration and social security | 454/9 | €4,813 | €4,883 | +€70 | +1.4% |
| Other amounts payable | 47/48 | €50,132 | - | -€50,132 | |
| Accrued charges and deferred income | 492/3 | €1,410 | €1,410 | = | 0.0% |
| Remuneration, social security and pensions | 62 | €68,684 | €62,663 | -€6,021 | -8.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €31,714 | €50,158 | +€18,444 | +58.2% |
| Other operating charges | 640/8 | €4,517 | €9,229 | +€4,712 | +104% |
| Gross operating margin | 9900 | €166,883 | €207,209 | +€40,326 | +24.2% |
| Operating profit (loss) | 9901 | €61,968 | €85,160 | +€23,191 | +37.4% |
| Financial income | 75/76B | €2,145 | €3,302 | +€1,157 | +53.9% |
| Recurring financial income | 75 | €2,145 | €3,302 | +€1,157 | +53.9% |
| Financial charges | 65/66B | €28,006 | €39,953 | +€11,947 | +42.7% |
| Recurring financial charges | 65 | €28,006 | €25,978 | -€2,028 | -7.2% |
| Non-recurring financial charges | 66B | - | €13,975 | +€13,975 | |
| Profit (loss) for the period before taxes | 9903 | €36,107 | €48,508 | +€12,401 | +34.3% |
| Income taxes | 67/77 | €13,437 | €17,193 | +€3,756 | +28.0% |
| Profit (loss) for the period | 9904 | €22,671 | €31,315 | +€8,644 | +38.1% |
| Profit (loss) for the period to be appropriated | 9905 | €22,671 | €31,315 | +€8,644 | +38.1% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 28 October 2026 via checked.be.