MARIE KATTO: 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.
MARIE KATTO
Largest movements
- Cash +€16,517
up €16,517 (+65.6%), from €25,180 to €41,697
mainly Trade debts (+€20,068) and Depreciation (+€15,990)
- Receivables within one year +€15,181
up €15,181 (+448%), from €3,388 to €18,569
of which Other amounts receivable: +€15,000
- Intangible fixed assets -€12,000
down €12,000 (-16.7%), from €72,000 to €60,000
- Stocks and contracts -€11,907
down €11,907 (-33.6%), from €35,435 to €23,529
- Trade debts +€20,068
up €20,068 (+143%), from €13,999 to €34,066
of which Suppliers: +€20,086
- Debts after one year -€20,057
down €20,057 (-42.0%), from €47,710 to €27,653
- Other debts +€4,705
up €4,705 (+286%), from €1,643 to €6,348
- Reserves +€4,645
up €4,645 (+9.0%), from €51,780 to €56,425
- Gross operating margin -€24,368
down €24,368 (-31.2%), from €78,226 to €53,858
- Staff costs -€15,851
down €15,851 (-44.4%), from €35,716 to €19,865
- Taxes -€2,941
down €2,941 (-45.4%), from €6,482 to €3,541
- Other operating charges +€2,163
up €2,163 (+77.7%), from €2,785 to €4,948
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 | €150,731 | €159,291 | +€8,560 | +5.7% |
| Fixed assets | 21/28 | €85,351 | €73,911 | -€11,440 | -13.4% |
| Intangible fixed assets | 21 | €72,000 | €60,000 | -€12,000 | -16.7% |
| Tangible fixed assets | 22/27 | €13,327 | €13,887 | +€560 | +4.2% |
| Furniture and vehicles | 24 | €11,977 | €8,479 | -€3,498 | -29.2% |
| Other tangible fixed assets | 26 | €1,350 | €5,408 | +€4,058 | +301% |
| Financial fixed assets | 28 | €24 | €24 | = | 0.0% |
| Current assets | 29/58 | €65,380 | €85,380 | +€20,000 | +30.6% |
| Stocks and contracts in progress | 3 | €35,435 | €23,529 | -€11,907 | -33.6% |
| Stocks | 30/36 | €35,435 | €23,529 | -€11,907 | -33.6% |
| Amounts receivable within one year | 40/41 | €3,388 | €18,569 | +€15,181 | +448% |
| Trade receivables | 40 | €3,388 | €3,569 | +€181 | +5.3% |
| Other amounts receivable | 41 | - | €15,000 | +€15,000 | |
| Cash at bank and in hand | 54/58 | €25,180 | €41,697 | +€16,517 | +65.6% |
| Deferred charges and accrued income | 490/1 | €1,377 | €1,586 | +€209 | +15.2% |
| Total equity and liabilities | 10/49 | €150,731 | €159,291 | +€8,560 | +5.7% |
| Equity | 10/15 | €61,780 | €66,425 | +€4,645 | +7.5% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Reserves | 13 | €51,780 | €56,425 | +€4,645 | +9.0% |
| Distributable reserves | 133 | €51,780 | €56,425 | +€4,645 | +9.0% |
| Amounts payable | 17/49 | €88,951 | €92,866 | +€3,916 | +4.4% |
| Amounts payable after more than one year | 17 | €47,710 | €27,653 | -€20,057 | -42.0% |
| Other amounts payable | 178/9 | €47,710 | €27,653 | -€20,057 | -42.0% |
| Amounts payable within one year | 42/48 | €39,665 | €63,945 | +€24,279 | +61.2% |
| Current portion of amounts payable after more than one year | 42 | €19,640 | €20,057 | +€417 | +2.1% |
| Trade debts | 44 | €13,999 | €34,066 | +€20,068 | +143% |
| Suppliers | 440/4 | €13,803 | €33,890 | +€20,086 | +146% |
| Bills of exchange payable | 441 | €195 | €177 | -€19 | -9.5% |
| Taxes, remuneration and social security | 45 | €4,383 | €3,474 | -€910 | -20.8% |
| Taxes | 450/3 | €3,399 | €3,474 | +€74 | +2.2% |
| Remuneration and social security | 454/9 | €984 | - | -€984 | |
| Other amounts payable | 47/48 | €1,643 | €6,348 | +€4,705 | +286% |
| Accrued charges and deferred income | 492/3 | €1,575 | €1,269 | -€306 | -19.5% |
| Remuneration, social security and pensions | 62 | €35,716 | €19,865 | -€15,851 | -44.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,707 | €15,990 | +€282 | +1.8% |
| Other operating charges | 640/8 | €2,785 | €4,948 | +€2,163 | +77.7% |
| Gross operating margin | 9900 | €78,226 | €53,858 | -€24,368 | -31.2% |
| Operating profit (loss) | 9901 | €24,018 | €13,056 | -€10,962 | -45.6% |
| Financial income | 75/76B | €184 | €218 | +€34 | +18.5% |
| Recurring financial income | 75 | €184 | €218 | +€34 | +18.5% |
| Financial charges | 65/66B | €2,818 | €2,311 | -€507 | -18.0% |
| Recurring financial charges | 65 | €2,818 | €2,311 | -€507 | -18.0% |
| Profit (loss) for the period before taxes | 9903 | €21,384 | €10,962 | -€10,421 | -48.7% |
| Income taxes | 67/77 | €6,482 | €3,541 | -€2,941 | -45.4% |
| Profit (loss) for the period | 9904 | €14,901 | €7,421 | -€7,480 | -50.2% |
| Profit (loss) for the period to be appropriated | 9905 | €14,901 | €7,421 | -€7,480 | -50.2% |
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 31 October 2026 via checked.be.