D.CATHEDRALE: 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.
D.CATHEDRALE
Largest movements
- Tangible fixed assets -€46,159
down €46,159 (-16.8%), from €275,481 to €229,322
of which Leasing and similar rights: -€30,109
- Cash -€34,600
down €34,600 (-19.8%), from €175,099 to €140,499
mainly Debts after one year (-€58,438) and Net result for the year (-€52,960)
- Receivables within one year -€33,940
down €33,940 (-47.4%), from €71,565 to €37,624
of which Other amounts receivable: -€27,229
- Stocks and contracts -€22,878
down €22,878 (-18.2%), from €125,394 to €102,516
- Debts after one year -€58,438
down €58,438 (-35.0%), from €167,081 to €108,643
- Profit (loss) carried forward -€52,960
down €52,960 (-43.3%), from €122,284 to €69,325
- Tax, wage and social debts -€27,258
down €27,258 (-62.8%), from €43,372 to €16,114
of which Taxes: -€14,774
- Gross operating margin -€140,222
down €140,222 (-42.4%), from €331,038 to €190,816
- Taxes -€20,292
down €20,292, from €14,264 to -€6,027
- Staff costs -€16,822
down €16,822 (-8.5%), from €197,021 to €180,198
- Financial income -€15,325
down €15,325 (-85.2%), from €17,983 to €2,657
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 | €668,105 | €529,862 | -€138,243 | -20.7% |
| Formation expenses | 20 | €282 | €0 | -€282 | -100% |
| Fixed assets | 21/28 | €275,481 | €229,322 | -€46,159 | -16.8% |
| Tangible fixed assets | 22/27 | €275,481 | €229,322 | -€46,159 | -16.8% |
| Plant, machinery and equipment | 23 | €2,307 | €5,045 | +€2,737 | +119% |
| Furniture and vehicles | 24 | €2,497 | €1,791 | -€706 | -28.3% |
| Leasing and similar rights | 25 | €148,592 | €118,483 | -€30,109 | -20.3% |
| Other tangible fixed assets | 26 | €122,085 | €104,003 | -€18,082 | -14.8% |
| Current assets | 29/58 | €392,342 | €300,540 | -€91,802 | -23.4% |
| Stocks and contracts in progress | 3 | €125,394 | €102,516 | -€22,878 | -18.2% |
| Stocks | 30/36 | €125,394 | €102,516 | -€22,878 | -18.2% |
| Amounts receivable within one year | 40/41 | €71,565 | €37,624 | -€33,940 | -47.4% |
| Trade receivables | 40 | €16,294 | €9,583 | -€6,711 | -41.2% |
| Other amounts receivable | 41 | €55,271 | €28,042 | -€27,229 | -49.3% |
| Cash at bank and in hand | 54/58 | €175,099 | €140,499 | -€34,600 | -19.8% |
| Deferred charges and accrued income | 490/1 | €20,284 | €19,900 | -€384 | -1.9% |
| Total equity and liabilities | 10/49 | €668,105 | €529,862 | -€138,243 | -20.7% |
| Equity | 10/15 | €182,284 | €129,325 | -€52,960 | -29.1% |
| Contributions | 10/11 | €60,000 | €60,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €122,284 | €69,325 | -€52,960 | -43.3% |
| Amounts payable | 17/49 | €485,821 | €400,537 | -€85,284 | -17.6% |
| Amounts payable after more than one year | 17 | €167,081 | €108,643 | -€58,438 | -35.0% |
| Financial debts | 170/4 | €167,081 | €108,643 | -€58,438 | -35.0% |
| Amounts payable within one year | 42/48 | €317,825 | €288,376 | -€29,449 | -9.3% |
| Current portion of amounts payable after more than one year | 42 | €78,144 | €76,332 | -€1,811 | -2.3% |
| Trade debts | 44 | €193,901 | €189,198 | -€4,703 | -2.4% |
| Suppliers | 440/4 | €193,901 | €189,198 | -€4,703 | -2.4% |
| Taxes, remuneration and social security | 45 | €43,372 | €16,114 | -€27,258 | -62.8% |
| Taxes | 450/3 | €15,309 | €535 | -€14,774 | -96.5% |
| Remuneration and social security | 454/9 | €28,063 | €15,579 | -€12,484 | -44.5% |
| Other amounts payable | 47/48 | €2,409 | €6,732 | +€4,323 | +179% |
| Accrued charges and deferred income | 492/3 | €915 | €3,519 | +€2,604 | +285% |
| Remuneration, social security and pensions | 62 | €197,021 | €180,198 | -€16,822 | -8.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €47,819 | €49,702 | +€1,883 | +3.9% |
| Other operating charges | 640/8 | €1,766 | €4,814 | +€3,047 | +173% |
| Gross operating margin | 9900 | €331,038 | €190,816 | -€140,222 | -42.4% |
| Operating profit (loss) | 9901 | €84,432 | -€43,898 | -€128,330 | |
| Financial income | 75/76B | €17,983 | €2,657 | -€15,325 | -85.2% |
| Recurring financial income | 75 | €17,983 | €2,657 | -€15,325 | -85.2% |
| Financial charges | 65/66B | €18,994 | €17,746 | -€1,247 | -6.6% |
| Recurring financial charges | 65 | €18,994 | €17,746 | -€1,247 | -6.6% |
| Profit (loss) for the period before taxes | 9903 | €83,421 | -€58,987 | -€142,408 | |
| Income taxes | 67/77 | €14,264 | -€6,027 | -€20,292 | |
| Profit (loss) for the period | 9904 | €69,157 | -€52,960 | -€122,116 | |
| Profit (loss) for the period to be appropriated | 9905 | €69,157 | -€52,960 | -€122,116 |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 22 October 2026 via checked.be.