CATHOM: 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.
What changed
CATHOM
NACE 56.111, Full-service restaurants
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€2,545
2024 · €13,486-€10,941
Equity
€808,275
2024 · €805,730+€2,545
Cash
€46,370
2024 · €18,376+€27,993
Balance sheet total
€4.2m
2024 · €4.3m-€169,069
Largest movements
Assets
- Tangible fixed assets -€135,644
down €135,644 (-3.4%), from €4.0m to €3.8m
of which Land and buildings: -€86,337
- Receivables within one year -€75,086
down €75,086 (-34.3%), from €219,219 to €144,134
of which Trade receivables: -€51,389
Equity and liabilities
- Debts after one year -€139,599
down €139,599 (-7.7%), from €1.8m to €1.7m
- Short-term financial debts -€57,333
down €57,333 (-20.0%), from €286,333 to €229,000
- Advances received +€44,699
new in 2025: €44,699
Income statement
- Gross operating margin -€154,135
down €154,135 (-14.0%), from €1.1m to €946,875
- Staff costs -€132,034
down €132,034 (-16.9%), from €782,176 to €650,142
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.
Result 2024
€13,486
Gross operating margin
-€154,135
Staff costs
+€132,034
Depreciation
+€2,821
Other operating charges
-€1,700
Financial income
+€318
Financial charges
+€6,561
Taxes
+€3,161
Result 2025
€2,545
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.
From operations
+€280,796
Investment
-€58,289
Financing
-€194,513
Cash 2024
€18,376
From operations (derived)
+€280,796
Net result for the year
+€2,545
Depreciation
+€193,933
Stocks and contracts
-€5,626
Receivables within one year
+€75,086
Deferred charges and accrued income
-€8,042
Trade debts
-€19,218
Tax, wage and social debts
-€27,017
Advances received
+€44,699
Other debts
+€35,444
Accrued charges and deferred income
-€11,009
Investment (derived)
-€58,289
Investment in fixed assets (net)
-€58,289
Financing
-€194,513
Debts after one year
-€139,599
Current portion of long-term debt
+€2,419
Short-term financial debts
-€57,333
Cash 2025
€46,370
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €4,349,318 | €4,180,250 | -€169,069 | -3.9% |
| Fixed assets | 21/28 | €3,975,049 | €3,839,406 | -€135,644 | -3.4% |
| Tangible fixed assets | 22/27 | €3,975,049 | €3,839,406 | -€135,644 | -3.4% |
| Land and buildings | 22 | €3,608,469 | €3,522,133 | -€86,337 | -2.4% |
| Plant, machinery and equipment | 23 | €306,178 | €263,753 | -€42,425 | -13.9% |
| Furniture and vehicles | 24 | €60,401 | €53,520 | -€6,882 | -11.4% |
| Current assets | 29/58 | €374,269 | €340,844 | -€33,425 | -8.9% |
| Stocks and contracts in progress | 3 | €132,195 | €137,821 | +€5,626 | +4.3% |
| Stocks | 30/36 | €132,195 | €137,821 | +€5,626 | +4.3% |
| Amounts receivable within one year | 40/41 | €219,219 | €144,134 | -€75,086 | -34.3% |
| Trade receivables | 40 | €86,563 | €35,174 | -€51,389 | -59.4% |
| Other amounts receivable | 41 | €132,657 | €108,960 | -€23,697 | -17.9% |
| Cash at bank and in hand | 54/58 | €18,376 | €46,370 | +€27,993 | +152.3% |
| Deferred charges and accrued income | 490/1 | €4,478 | €12,519 | +€8,042 | +179.6% |
| Total equity and liabilities | 10/49 | €4,349,318 | €4,180,250 | -€169,069 | -3.9% |
| Equity | 10/15 | €805,730 | €808,275 | +€2,545 | +0.3% |
| Contributions | 10/11 | €100,000 | €100,000 | = | 0.0% |
| Reserves | 13 | €479,679 | €479,679 | = | 0.0% |
| Non-distributable reserves | 130/1 | €10,000 | €10,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €10,000 | €10,000 | = | 0.0% |
| Distributable reserves | 133 | €469,679 | €469,679 | = | 0.0% |
| Profit (loss) carried forward | 14 | €226,051 | €228,596 | +€2,545 | +1.1% |
| Amounts payable | 17/49 | €3,543,588 | €3,371,975 | -€171,613 | -4.8% |
| Amounts payable after more than one year | 17 | €1,822,700 | €1,683,101 | -€139,599 | -7.7% |
| Financial debts | 170/4 | €1,822,700 | €1,683,101 | -€139,599 | -7.7% |
| Amounts payable within one year | 42/48 | €1,647,433 | €1,626,428 | -€21,005 | -1.3% |
| Current portion of amounts payable after more than one year | 42 | €137,180 | €139,599 | +€2,419 | +1.8% |
| Financial debts | 43 | €286,333 | €229,000 | -€57,333 | -20.0% |
| Credit institutions | 430/8 | €286,333 | €229,000 | -€57,333 | -20.0% |
| Trade debts | 44 | €210,717 | €191,500 | -€19,218 | -9.1% |
| Suppliers | 440/4 | €210,717 | €191,500 | -€19,218 | -9.1% |
| Advances received on contracts in progress | 46 | - | €44,699 | +€44,699 | |
| Taxes, remuneration and social security | 45 | €99,293 | €72,276 | -€27,017 | -27.2% |
| Taxes | 450/3 | €35,088 | €25,293 | -€9,795 | -27.9% |
| Remuneration and social security | 454/9 | €64,205 | €46,983 | -€17,222 | -26.8% |
| Other amounts payable | 47/48 | €913,909 | €949,354 | +€35,444 | +3.9% |
| Accrued charges and deferred income | 492/3 | €73,455 | €62,446 | -€11,009 | -15.0% |
| Remuneration, social security and pensions | 62 | €782,176 | €650,142 | -€132,034 | -16.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €196,754 | €193,933 | -€2,821 | -1.4% |
| Other operating charges | 640/8 | €6,689 | €8,389 | +€1,700 | +25.4% |
| Gross operating margin | 9900 | €1,101,010 | €946,875 | -€154,135 | -14.0% |
| Operating profit (loss) | 9901 | €115,391 | €94,411 | -€20,980 | -18.2% |
| Financial income | 75/76B | €21 | €339 | +€318 | +1510.1% |
| Recurring financial income | 75 | €21 | €339 | +€318 | +1510.1% |
| Financial charges | 65/66B | €94,769 | €88,208 | -€6,561 | -6.9% |
| Recurring financial charges | 65 | €94,769 | €88,208 | -€6,561 | -6.9% |
| Profit (loss) for the period before taxes | 9903 | €20,643 | €6,541 | -€14,102 | -68.3% |
| Income taxes | 67/77 | €7,157 | €3,996 | -€3,161 | -44.2% |
| Profit (loss) for the period | 9904 | €13,486 | €2,545 | -€10,941 | -81.1% |
| Profit (loss) for the period to be appropriated | 9905 | €13,486 | €2,545 | -€10,941 | -81.1% |
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.