CATHOLAX: what changed
Two fiscal 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.
CATHOLAX
Largest movements
- Cash -€76,051
down €76,051 (-73.8%), from €103,094 to €27,044
mainly Investment in fixed assets (net) (-€150,396) and Debts after one year (-€43,333)
- Tangible fixed assets +€29,467
up €29,467 (+1.2%), from €2.6m to €2.6m
of which Assets under construction and advance payments: +€105,445
- Debts after one year -€43,333
down €43,333 (-7.1%), from €612,199 to €568,866
- Depreciation +€20,514
up €20,514 (+20.4%), from €100,415 to €120,929
- Taxes -€8,589
down €8,589 (-75.6%), from €11,358 to €2,770
- Financial charges +€2,804
up €2,804 (+20.0%), from €14,000 to €16,803
- Gross operating margin -€1,811
down €1,811 (-1.2%), from €155,775 to €153,964
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 | €2,667,760 | €2,634,600 | -€33,160 | -1.2% |
| Fixed assets | 21/28 | €2,561,590 | €2,591,057 | +€29,467 | +1.2% |
| Tangible fixed assets | 22/27 | €2,561,590 | €2,591,057 | +€29,467 | +1.2% |
| Land and buildings | 22 | €2,556,635 | €2,445,430 | -€111,205 | -4.3% |
| Furniture and vehicles | 24 | €4,956 | €40,182 | +€35,227 | +710.8% |
| Assets under construction and advance payments | 27 | - | €105,445 | +€105,445 | |
| Current assets | 29/58 | €106,169 | €43,543 | -€62,627 | -59.0% |
| Amounts receivable within one year | 40/41 | €1,501 | €15,000 | +€13,499 | +899.5% |
| Other amounts receivable | 41 | €1,501 | €15,000 | +€13,499 | +899.5% |
| Current investments | 50/53 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €103,094 | €27,044 | -€76,051 | -73.8% |
| Deferred charges and accrued income | 490/1 | €1,574 | €1,499 | -€75 | -4.8% |
| Total equity and liabilities | 10/49 | €2,667,760 | €2,634,600 | -€33,160 | -1.2% |
| Equity | 10/15 | €1,930,102 | €1,942,372 | +€12,270 | +0.6% |
| Contributions | 10/11 | €1,815,175 | €1,815,175 | = | 0.0% |
| Reserves | 13 | €114,927 | €127,196 | +€12,270 | +10.7% |
| Distributable reserves | 133 | €114,927 | €127,196 | +€12,270 | +10.7% |
| Amounts payable | 17/49 | €737,658 | €692,228 | -€45,430 | -6.2% |
| Amounts payable after more than one year | 17 | €612,199 | €568,866 | -€43,333 | -7.1% |
| Financial debts | 170/4 | €612,199 | €568,866 | -€43,333 | -7.1% |
| Amounts payable within one year | 42/48 | €117,138 | €119,662 | +€2,524 | +2.2% |
| Current portion of amounts payable after more than one year | 42 | €93,168 | €83,618 | -€9,549 | -10.2% |
| Trade debts | 44 | €624 | €8,146 | +€7,522 | +1205.2% |
| Suppliers | 440/4 | €624 | €8,146 | +€7,522 | +1205.2% |
| Taxes, remuneration and social security | 45 | €177 | €3,010 | +€2,832 | +1597.5% |
| Taxes | 450/3 | €177 | €3,010 | +€2,832 | +1597.5% |
| Other amounts payable | 47/48 | €23,169 | €24,888 | +€1,719 | +7.4% |
| Accrued charges and deferred income | 492/3 | €8,320 | €3,700 | -€4,620 | -55.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €100,415 | €120,929 | +€20,514 | +20.4% |
| Other operating charges | 640/8 | €1,157 | €1,192 | +€35 | +3.0% |
| Gross operating margin | 9900 | €155,775 | €153,964 | -€1,811 | -1.2% |
| Operating profit (loss) | 9901 | €54,203 | €31,843 | -€22,360 | -41.3% |
| Financial income | 75/76B | €1,197 | €0 | -€1,197 | -100.0% |
| Recurring financial income | 75 | €1,197 | €0 | -€1,197 | -100.0% |
| Financial charges | 65/66B | €14,000 | €16,803 | +€2,804 | +20.0% |
| Recurring financial charges | 65 | €14,000 | €16,803 | +€2,804 | +20.0% |
| Profit (loss) for the period before taxes | 9903 | €41,400 | €15,039 | -€26,360 | -63.7% |
| Income taxes | 67/77 | €11,358 | €2,770 | -€8,589 | -75.6% |
| Profit (loss) for the period | 9904 | €30,041 | €12,270 | -€17,772 | -59.2% |
| Profit (loss) for the period to be appropriated | 9905 | €30,041 | €12,270 | -€17,772 | -59.2% |
Source: filed annual accounts (NBB), fiscal 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 September 2026 via checked.be.