SANTA CATHARINE: what changed
SANTA CATHARINE
Largest movements
- Cash -€4,470
down €4,470 (-20.7%), from €21,599 to €17,128
mainly Net result for the year (-€6,424) and Investment in fixed assets (net) (-€11)
- Tangible fixed assets -€1,458
down €1,458 (-29.3%), from €4,973 to €3,515
of which Plant, machinery and equipment: -€788
- Receivables within one year -€395
down €395 (-45.0%), from €879 to €484
- Profit (loss) carried forward -€6,424
down €6,424, from €1,967 to -€4,457
- Gross operating margin -€18,627
down €18,627, from €15,825 to -€2,802
- Other operating charges -€295
down €295 (-13.4%), from €2,194 to €1,899
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €33,188 | €26,875 | -€6,313 | -19.0% |
| Fixed assets | 21/28 | €9,980 | €8,533 | -€1,447 | -14.5% |
| Tangible fixed assets | 22/27 | €4,973 | €3,515 | -€1,458 | -29.3% |
| Land and buildings | 22 | €2,680 | €2,010 | -€670 | -25.0% |
| Plant, machinery and equipment | 23 | €2,293 | €1,505 | -€788 | -34.4% |
| Financial fixed assets | 28 | €5,008 | €5,018 | +€11 | +0.2% |
| Current assets | 29/58 | €23,208 | €18,342 | -€4,866 | -21.0% |
| Stocks and contracts in progress | 3 | €474 | €474 | = | 0.0% |
| Stocks | 30/36 | €474 | €474 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €879 | €484 | -€395 | -45.0% |
| Other amounts receivable | 41 | €879 | €484 | -€395 | -45.0% |
| Cash at bank and in hand | 54/58 | €21,599 | €17,128 | -€4,470 | -20.7% |
| Deferred charges and accrued income | 490/1 | €256 | €256 | = | 0.0% |
| Total equity and liabilities | 10/49 | €33,188 | €26,875 | -€6,313 | -19.0% |
| Equity | 10/15 | €28,999 | €22,575 | -€6,424 | -22.2% |
| Contributions | 10/11 | €19,000 | €19,000 | = | 0.0% |
| Reserves | 13 | €8,031 | €8,031 | = | 0.0% |
| Distributable reserves | 133 | €8,031 | €8,031 | = | 0.0% |
| Profit (loss) carried forward | 14 | €1,967 | -€4,457 | -€6,424 | |
| Amounts payable | 17/49 | €4,190 | €4,301 | +€111 | +2.6% |
| Amounts payable within one year | 42/48 | €4,190 | €4,301 | +€111 | +2.6% |
| Trade debts | 44 | €1,967 | €2,078 | +€111 | +5.6% |
| Suppliers | 440/4 | €1,967 | €2,078 | +€111 | +5.6% |
| Other amounts payable | 47/48 | €2,223 | €2,223 | -€0 | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,458 | €1,458 | = | 0.0% |
| Other operating charges | 640/8 | €2,194 | €1,899 | -€295 | -13.4% |
| Gross operating margin | 9900 | €15,825 | -€2,802 | -€18,627 | |
| Operating profit (loss) | 9901 | €12,173 | -€6,159 | -€18,332 | |
| Financial income | 75/76B | €0 | €0 | -€0 | -14.3% |
| Recurring financial income | 75 | €0 | €0 | -€0 | -14.3% |
| Financial charges | 65/66B | €228 | €265 | +€37 | +16.4% |
| Recurring financial charges | 65 | €228 | €265 | +€37 | +16.4% |
| Profit (loss) for the period before taxes | 9903 | €11,945 | -€6,424 | -€18,369 | |
| Profit (loss) for the period | 9904 | €11,945 | -€6,424 | -€18,369 | |
| Profit (loss) for the period to be appropriated | 9905 | €11,945 | -€6,424 | -€18,369 |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 4 November 2026 via checked.be.