CathoBel: 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.
CathoBel
Largest movements
- Cash +€375,850
up €375,850 (+65.5%), from €573,808 to €949,658
mainly Net result for the year (+€311,894) and Investment in fixed assets (net) (+€96,151)
- Financial fixed assets -€114,956
no longer reported in 2025 (was €114,956)
- Receivables within one year -€52,948
down €52,948 (-20.3%), from €261,290 to €208,342
of which Other amounts receivable: -€35,563
- Profit (loss) carried forward +€311,894
up €311,894 (+59.9%), from -€520,299 to -€208,405
- Contributions -€114,956
down €114,956 (-9.6%), from €1.2m to €1.1m
- Debts within one year +€35,841
up €35,841 (+8.7%), from €411,705 to €447,546
of which Tax, wage and social debts: +€33,604
- Provisions -€26,035
down €26,035 (-8.6%), from €302,835 to €276,800
- Accrued charges and deferred income -€21,693
down €21,693 (-37.9%), from €57,178 to €35,485
- Turnover -€714,565
no longer reported in 2025 (was €714,565)
- Purchases and services -€593,031
no longer reported in 2025 (was €593,031)
- Gross operating margin +€94,340
up €94,340 (+10.6%), from €892,160 to €986,501
- Taxes -€81,411
down €81,411 (-121%), from -€67,383 to -€148,794
- Staff costs +€42,638
up €42,638 (+5.6%), from €766,457 to €809,095
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 | €1,502,352 | €1,702,403 | +€200,051 | +13.3% |
| Fixed assets | 21/28 | €181,937 | €47,476 | -€134,461 | -73.9% |
| Intangible fixed assets | 21 | €40,297 | €27,599 | -€12,698 | -31.5% |
| Tangible fixed assets | 22/27 | €26,685 | €19,878 | -€6,807 | -25.5% |
| Plant, machinery and equipment | 23 | €15,234 | €10,104 | -€5,129 | -33.7% |
| Furniture and vehicles | 24 | €7,030 | €6,080 | -€950 | -13.5% |
| Other tangible fixed assets | 26 | €4,421 | €3,693 | -€728 | -16.5% |
| Financial fixed assets | 28 | €114,956 | - | -€114,956 | |
| Current assets | 29/58 | €1,320,415 | €1,654,927 | +€334,512 | +25.3% |
| Amounts receivable within one year | 40/41 | €261,290 | €208,342 | -€52,948 | -20.3% |
| Trade receivables | 40 | €64,359 | €46,974 | -€17,385 | -27.0% |
| Other amounts receivable | 41 | €196,931 | €161,369 | -€35,563 | -18.1% |
| Current investments | 50/53 | €399,489 | €399,489 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €573,808 | €949,658 | +€375,850 | +65.5% |
| Deferred charges and accrued income | 490/1 | €85,828 | €97,438 | +€11,610 | +13.5% |
| Total equity and liabilities | 10/49 | €1,502,352 | €1,702,403 | +€200,051 | +13.3% |
| Equity | 10/15 | €717,961 | €929,899 | +€211,938 | +29.5% |
| Contributions | 10/11 | €1,193,260 | €1,078,304 | -€114,956 | -9.6% |
| Capital | 10 | €1,193,260 | €1,078,304 | -€114,956 | -9.6% |
| Profit (loss) carried forward | 14 | -€520,299 | -€208,405 | +€311,894 | +59.9% |
| Investment grants | 15 | €45,000 | €60,000 | +€15,000 | +33.3% |
| Provisions and deferred taxes | 16 | €302,835 | €276,800 | -€26,035 | -8.6% |
| Provisions for liabilities and charges | 160/5 | €302,835 | €276,800 | -€26,035 | -8.6% |
| Other liabilities and charges | 164/5 | €302,835 | €276,800 | -€26,035 | -8.6% |
| Amounts payable | 17/49 | €481,556 | €495,704 | +€14,148 | +2.9% |
| Amounts payable after more than one year | 17 | €12,673 | €12,673 | = | 0.0% |
| Other amounts payable | 178/9 | €12,673 | €12,673 | = | 0.0% |
| Amounts payable within one year | 42/48 | €411,705 | €447,546 | +€35,841 | +8.7% |
| Trade debts | 44 | €130,776 | €131,214 | +€438 | +0.3% |
| Suppliers | 440/4 | €130,776 | €131,214 | +€438 | +0.3% |
| Advances received on contracts in progress | 46 | €139,759 | €167,074 | +€27,315 | +19.5% |
| Taxes, remuneration and social security | 45 | €99,327 | €132,931 | +€33,604 | +33.8% |
| Taxes | 450/3 | €906 | €28,191 | +€27,286 | +3,012% |
| Remuneration and social security | 454/9 | €98,421 | €104,740 | +€6,319 | +6.4% |
| Accrued charges and deferred income | 492/3 | €57,178 | €35,485 | -€21,693 | -37.9% |
| Turnover | 70 | €714,565 | - | -€714,565 | |
| Membership fees, donations, legacies and grants | 73 | €766,081 | - | -€766,081 | |
| Non-recurring operating income | 76A | €4,545 | - | -€4,545 | |
| Goods, raw materials, services and sundry goods | 60/61 | €593,031 | - | -€593,031 | |
| Remuneration, social security and pensions | 62 | €766,457 | €809,095 | +€42,638 | +5.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €30,235 | €38,310 | +€8,075 | +26.7% |
| Other operating charges | 640/8 | €8,942 | €7,546 | -€1,396 | -15.6% |
| Non-recurring operating charges | 66A | €250,000 | - | -€250,000 | |
| Gross operating margin | 9900 | €892,160 | €986,501 | +€94,340 | +10.6% |
| Operating profit (loss) | 9901 | -€94,626 | €131,550 | +€226,176 | |
| Financial income | 75/76B | €60,977 | €32,877 | -€28,100 | -46.1% |
| Recurring financial income | 75 | €4,980 | €6,842 | +€1,863 | +37.4% |
| Non-recurring financial income | 76B | €55,998 | €26,035 | -€29,963 | -53.5% |
| Financial charges | 65/66B | €1,131 | €1,327 | +€195 | +17.3% |
| Recurring financial charges | 65 | €1,131 | €1,327 | +€195 | +17.3% |
| Profit (loss) for the period before taxes | 9903 | -€34,780 | €163,101 | +€197,881 | |
| Income taxes | 67/77 | -€67,383 | -€148,794 | -€81,411 | -121% |
| Profit (loss) for the period | 9904 | €32,603 | €311,894 | +€279,291 | +857% |
| Profit (loss) for the period to be appropriated | 9905 | €32,603 | €311,894 | +€279,291 | +857% |
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 30 October 2026 via checked.be.