CATHERINE LONGEVAL: 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.
CATHERINE LONGEVAL
Largest movements
- Current investments +€299,750
up €299,750 (+5719.4%), from €5,241 to €304,991
- Receivables after one year -€250,000
no longer reported in 2025 (was €250,000)
- Cash -€240,799
down €240,799 (-24.4%), from €988,032 to €747,233
mainly Contributions, distributions and other (-€1.1m) and Current investments (-€299,750)
- Tangible fixed assets -€134,711
down €134,711 (-20.0%), from €672,853 to €538,142
of which Land and buildings: -€134,101
- Reserves -€581,950
down €581,950 (-33.1%), from €1.8m to €1.2m
of which Distributable reserves: -€581,950
- Other debts +€236,217
up €236,217 (+2778.1%), from €8,503 to €244,719
- Gross operating margin +€396,823
up €396,823 (+70.4%), from €563,947 to €960,771
- Taxes +€131,642
up €131,642 (+103.9%), from €126,749 to €258,391
- Depreciation -€18,793
down €18,793 (-12.2%), from €153,504 to €134,711
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.
Cash bridge derived
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 | €1,970,014 | €1,643,553 | -€326,461 | -16.6% |
| Fixed assets | 21/28 | €725,415 | €590,703 | -€134,711 | -18.6% |
| Tangible fixed assets | 22/27 | €672,853 | €538,142 | -€134,711 | -20.0% |
| Land and buildings | 22 | €638,553 | €504,452 | -€134,101 | -21.0% |
| Furniture and vehicles | 24 | €33,000 | €33,690 | +€690 | +2.1% |
| Other tangible fixed assets | 26 | €1,300 | - | -€1,300 | |
| Financial fixed assets | 28 | €52,561 | €52,561 | = | 0.0% |
| Current assets | 29/58 | €1,244,600 | €1,052,850 | -€191,750 | -15.4% |
| Amounts receivable after more than one year | 29 | €250,000 | - | -€250,000 | |
| Other amounts receivable | 291 | €250,000 | - | -€250,000 | |
| Amounts receivable within one year | 40/41 | €600 | - | -€600 | |
| Other amounts receivable | 41 | €600 | - | -€600 | |
| Current investments | 50/53 | €5,241 | €304,991 | +€299,750 | +5719.4% |
| Cash at bank and in hand | 54/58 | €988,032 | €747,233 | -€240,799 | -24.4% |
| Deferred charges and accrued income | 490/1 | €727 | €626 | -€101 | -13.9% |
| Total equity and liabilities | 10/49 | €1,970,014 | €1,643,553 | -€326,461 | -16.6% |
| Equity | 10/15 | €1,857,477 | €1,275,531 | -€581,946 | -31.3% |
| Contributions | 10/11 | €92,960 | €92,960 | = | 0.0% |
| Reserves | 13 | €1,755,596 | €1,173,646 | -€581,950 | -33.1% |
| Non-distributable reserves | 130/1 | €9,296 | €9,296 | = | 0.0% |
| Reserves not available under the articles | 1311 | €9,296 | €9,296 | = | 0.0% |
| Distributable reserves | 133 | €1,746,300 | €1,164,350 | -€581,950 | -33.3% |
| Profit (loss) carried forward | 14 | €8,921 | €8,925 | +€4 | 0.0% |
| Amounts payable | 17/49 | €112,537 | €368,022 | +€255,485 | +227.0% |
| Amounts payable within one year | 42/48 | €112,537 | €368,022 | +€255,485 | +227.0% |
| Trade debts | 44 | - | €2,891 | +€2,891 | |
| Suppliers | 440/4 | - | €2,891 | +€2,891 | |
| Taxes, remuneration and social security | 45 | €104,034 | €120,412 | +€16,378 | +15.7% |
| Taxes | 450/3 | €104,034 | €120,412 | +€16,378 | +15.7% |
| Other amounts payable | 47/48 | €8,503 | €244,719 | +€236,217 | +2778.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €153,504 | €134,711 | -€18,793 | -12.2% |
| Other operating charges | 640/8 | €6,379 | €9,261 | +€2,882 | +45.2% |
| Gross operating margin | 9900 | €563,947 | €960,771 | +€396,823 | +70.4% |
| Operating profit (loss) | 9901 | €404,064 | €816,798 | +€412,734 | +102.1% |
| Financial income | 75/76B | €4,715 | €303 | -€4,412 | -93.6% |
| Recurring financial income | 75 | €4,715 | €303 | -€4,412 | -93.6% |
| Financial charges | 65/66B | €324 | €1,156 | +€832 | +256.9% |
| Recurring financial charges | 65 | €324 | €1,156 | +€832 | +256.9% |
| Profit (loss) for the period before taxes | 9903 | €408,455 | €815,945 | +€407,491 | +99.8% |
| Income taxes | 67/77 | €126,749 | €258,391 | +€131,642 | +103.9% |
| Profit (loss) for the period | 9904 | €281,706 | €557,554 | +€275,848 | +97.9% |
| Profit (loss) for the period to be appropriated | 9905 | €281,706 | €557,554 | +€275,848 | +97.9% |
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 11 October 2026 via checked.be.