NEW CATRO PROJECTS: 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.
NEW CATRO PROJECTS
Largest movements
- Tangible fixed assets -€18,765
down €18,765 (-3.5%), from €541,118 to €522,353
- Reserves -€11,768
down €11,768 (-4.1%), from €284,279 to €272,511
of which Tax-exempt reserves: -€11,768
- Gross operating margin -€632
down €632 (-10.8%), from €5,872 to €5,240
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 | €542,020 | €523,516 | -€18,504 | -3.4% |
| Fixed assets | 21/28 | €541,927 | €523,444 | -€18,483 | -3.4% |
| Tangible fixed assets | 22/27 | €541,118 | €522,353 | -€18,765 | -3.5% |
| Land and buildings | 22 | €541,118 | €522,353 | -€18,765 | -3.5% |
| Financial fixed assets | 28 | €809 | €1,091 | +€282 | +34.9% |
| Current assets | 29/58 | €94 | €72 | -€22 | -23.0% |
| Cash at bank and in hand | 54/58 | €94 | €72 | -€22 | -23.0% |
| Total equity and liabilities | 10/49 | €542,020 | €523,516 | -€18,504 | -3.4% |
| Equity | 10/15 | €287,172 | €275,963 | -€11,210 | -3.9% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Reserves | 13 | €284,279 | €272,511 | -€11,768 | -4.1% |
| Tax-exempt reserves | 132 | €282,424 | €270,656 | -€11,768 | -4.2% |
| Distributable reserves | 133 | €1,855 | €1,855 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€15,656 | -€15,098 | +€558 | +3.6% |
| Provisions and deferred taxes | 16 | €94,141 | €90,219 | -€3,923 | -4.2% |
| Deferred taxes | 168 | €94,141 | €90,219 | -€3,923 | -4.2% |
| Amounts payable | 17/49 | €160,707 | €157,335 | -€3,372 | -2.1% |
| Amounts payable within one year | 42/48 | €159,749 | €156,346 | -€3,402 | -2.1% |
| Trade debts | 44 | €222 | - | -€222 | |
| Suppliers | 440/4 | €222 | - | -€222 | |
| Other amounts payable | 47/48 | €159,526 | €156,346 | -€3,180 | -2.0% |
| Accrued charges and deferred income | 492/3 | €958 | €988 | +€30 | +3.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €18,765 | €18,765 | = | 0.0% |
| Other operating charges | 640/8 | €1,562 | €1,616 | +€54 | +3.5% |
| Gross operating margin | 9900 | €5,872 | €5,240 | -€632 | -10.8% |
| Operating profit (loss) | 9901 | -€14,455 | -€15,142 | -€686 | -4.7% |
| Financial income | 75/76B | - | €54 | +€54 | |
| Recurring financial income | 75 | - | €54 | +€54 | |
| Financial charges | 65/66B | €45 | €45 | = | 0.0% |
| Recurring financial charges | 65 | €45 | €45 | = | 0.0% |
| Profit (loss) for the period before taxes | 9903 | -€14,500 | -€15,132 | -€632 | -4.4% |
| Transfer from deferred taxes | 780 | €3,923 | €3,923 | = | 0.0% |
| Profit (loss) for the period | 9904 | -€10,578 | -€11,210 | -€632 | -6.0% |
| Transfer from tax-exempt reserves | 789 | €11,768 | €11,768 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €1,190 | €558 | -€632 | -53.1% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.