CATHOULE: 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.
CATHOULE
Largest movements
- Receivables within one year -€19,604
down €19,604 (-46.5%), from €42,145 to €22,541
of which Other amounts receivable: -€25,971
- Deferred charges and accrued income +€4,625
up €4,625 (+2574.6%), from €180 to €4,805
- Tangible fixed assets -€1,490
down €1,490 (-51.4%), from €2,902 to €1,412
of which Furniture and vehicles: -€1,110
- Reserves -€17,329
down €17,329 (-23.2%), from €74,619 to €57,290
- Trade debts +€2,074
up €2,074 (+340.0%), from €610 to €2,685
- Current portion of long-term debt -€2,059
down €2,059 (-100.0%), from €2,059 to €0
- Gross operating margin -€5,349
down €5,349 (-17.8%), from €29,985 to €24,635
- Taxes +€1,603
up €1,603 (+34.0%), from €4,708 to €6,311
- Other operating charges -€1,283
down €1,283 (-77.7%), from €1,652 to €369
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 | €87,965 | €71,329 | -€16,635 | -18.9% |
| Fixed assets | 21/28 | €2,902 | €1,412 | -€1,490 | -51.4% |
| Tangible fixed assets | 22/27 | €2,902 | €1,412 | -€1,490 | -51.4% |
| Plant, machinery and equipment | 23 | €548 | €168 | -€380 | -69.4% |
| Furniture and vehicles | 24 | €2,354 | €1,244 | -€1,110 | -47.2% |
| Current assets | 29/58 | €85,062 | €69,917 | -€15,145 | -17.8% |
| Amounts receivable within one year | 40/41 | €42,145 | €22,541 | -€19,604 | -46.5% |
| Trade receivables | 40 | €11,640 | €18,007 | +€6,367 | +54.7% |
| Other amounts receivable | 41 | €30,505 | €4,535 | -€25,971 | -85.1% |
| Cash at bank and in hand | 54/58 | €42,737 | €42,571 | -€166 | -0.4% |
| Deferred charges and accrued income | 490/1 | €180 | €4,805 | +€4,625 | +2574.6% |
| Total equity and liabilities | 10/49 | €87,965 | €71,329 | -€16,635 | -18.9% |
| Equity | 10/15 | €81,225 | €63,895 | -€17,329 | -21.3% |
| Contributions | 10/11 | €6,605 | €6,605 | = | 0.0% |
| Reserves | 13 | €74,619 | €57,290 | -€17,329 | -23.2% |
| Distributable reserves | 133 | €74,619 | €57,290 | -€17,329 | -23.2% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €6,740 | €7,434 | +€694 | +10.3% |
| Amounts payable after more than one year | 17 | €0 | - | = | |
| Financial debts | 170/4 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €6,284 | €6,382 | +€99 | +1.6% |
| Current portion of amounts payable after more than one year | 42 | €2,059 | €0 | -€2,059 | -100.0% |
| Trade debts | 44 | €610 | €2,685 | +€2,074 | +340.0% |
| Suppliers | 440/4 | €610 | €2,685 | +€2,074 | +340.0% |
| Taxes, remuneration and social security | 45 | €3,615 | €3,698 | +€83 | +2.3% |
| Taxes | 450/3 | €3,615 | €1,798 | -€1,817 | -50.3% |
| Remuneration and social security | 454/9 | - | €1,900 | +€1,900 | |
| Accrued charges and deferred income | 492/3 | €456 | €1,051 | +€595 | +130.5% |
| Non-recurring operating income | 76A | €18,729 | €0 | -€18,729 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,433 | €1,490 | +€57 | +4.0% |
| Other operating charges | 640/8 | €1,652 | €369 | -€1,283 | -77.7% |
| Gross operating margin | 9900 | €29,985 | €24,635 | -€5,349 | -17.8% |
| Operating profit (loss) | 9901 | €26,900 | €22,776 | -€4,124 | -15.3% |
| Financial income | 75/76B | €0 | €100 | +€100 | |
| Recurring financial income | 75 | €0 | €100 | +€100 | |
| Financial charges | 65/66B | €422 | €182 | -€240 | -56.8% |
| Recurring financial charges | 65 | €422 | €182 | -€240 | -56.8% |
| Profit (loss) for the period before taxes | 9903 | €26,477 | €22,694 | -€3,784 | -14.3% |
| Income taxes | 67/77 | €4,708 | €6,311 | +€1,603 | +34.0% |
| Profit (loss) for the period | 9904 | €21,769 | €16,382 | -€5,387 | -24.7% |
| Profit (loss) for the period to be appropriated | 9905 | €21,769 | €16,382 | -€5,387 | -24.7% |
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 9 October 2026 via checked.be.