ATELIER CASTRO: 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.
ATELIER CASTRO
Largest movements
- Current investments +€50,000
new in 2025: €50,000
- Tangible fixed assets -€16,651
down €16,651 (-13.4%), from €124,071 to €107,420
of which Furniture and vehicles: -€9,544
- Cash +€6,566
up €6,566 (+3.8%), from €173,890 to €180,455
mainly Net result for the year (+€39,777) and Other debts (+€34,585)
- Receivables within one year -€5,836
down €5,836 (-4.3%), from €135,242 to €129,406
of which Trade receivables: -€5,779
- Other debts +€34,585
up €34,585 (+3145.7%), from €1,099 to €35,684
- Debts after one year -€12,644
down €12,644 (-43.9%), from €28,805 to €16,161
- Tax, wage and social debts +€6,659
up €6,659 (+50.3%), from €13,245 to €19,904
of which Taxes: +€6,659
- Gross operating margin -€8,169
down €8,169 (-9.9%), from €82,271 to €74,101
- Taxes -€2,991
down €2,991 (-17.6%), from €16,954 to €13,963
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 | €433,203 | €467,281 | +€34,079 | +7.9% |
| Fixed assets | 21/28 | €124,071 | €107,420 | -€16,651 | -13.4% |
| Intangible fixed assets | 21 | €0 | - | = | |
| Tangible fixed assets | 22/27 | €124,071 | €107,420 | -€16,651 | -13.4% |
| Land and buildings | 22 | €80,228 | €73,652 | -€6,576 | -8.2% |
| Plant, machinery and equipment | 23 | €1,509 | €2,019 | +€510 | +33.8% |
| Furniture and vehicles | 24 | €38,742 | €29,198 | -€9,544 | -24.6% |
| Leasing and similar rights | 25 | €3,593 | €2,551 | -€1,042 | -29.0% |
| Current assets | 29/58 | €309,132 | €359,862 | +€50,730 | +16.4% |
| Amounts receivable within one year | 40/41 | €135,242 | €129,406 | -€5,836 | -4.3% |
| Trade receivables | 40 | €131,913 | €126,135 | -€5,779 | -4.4% |
| Other amounts receivable | 41 | €3,329 | €3,272 | -€57 | -1.7% |
| Current investments | 50/53 | - | €50,000 | +€50,000 | |
| Cash at bank and in hand | 54/58 | €173,890 | €180,455 | +€6,566 | +3.8% |
| Total equity and liabilities | 10/49 | €433,203 | €467,281 | +€34,079 | +7.9% |
| Equity | 10/15 | €377,719 | €381,867 | +€4,148 | +1.1% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €300,250 | €304,750 | +€4,500 | +1.5% |
| Tax-exempt reserves | 132 | €18,750 | €18,750 | = | 0.0% |
| Distributable reserves | 133 | €281,500 | €286,000 | +€4,500 | +1.6% |
| Profit (loss) carried forward | 14 | €48,850 | €49,127 | +€277 | +0.6% |
| Investment grants | 15 | €8,619 | €7,990 | -€630 | -7.3% |
| Amounts payable | 17/49 | €55,484 | €85,415 | +€29,931 | +53.9% |
| Amounts payable after more than one year | 17 | €28,805 | €16,161 | -€12,644 | -43.9% |
| Financial debts | 170/4 | €28,805 | €16,161 | -€12,644 | -43.9% |
| Amounts payable within one year | 42/48 | €26,678 | €69,254 | +€42,575 | +159.6% |
| Current portion of amounts payable after more than one year | 42 | €12,089 | €12,644 | +€556 | +4.6% |
| Trade debts | 44 | €246 | €1,022 | +€776 | +316.0% |
| Suppliers | 440/4 | €246 | €1,022 | +€776 | +316.0% |
| Taxes, remuneration and social security | 45 | €13,245 | €19,904 | +€6,659 | +50.3% |
| Taxes | 450/3 | €7,745 | €14,404 | +€6,659 | +86.0% |
| Remuneration and social security | 454/9 | €5,500 | €5,500 | = | 0.0% |
| Other amounts payable | 47/48 | €1,099 | €35,684 | +€34,585 | +3145.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €18,944 | €18,408 | -€536 | -2.8% |
| Other operating charges | 640/8 | €1,957 | €2,011 | +€53 | +2.7% |
| Gross operating margin | 9900 | €82,271 | €74,101 | -€8,169 | -9.9% |
| Operating profit (loss) | 9901 | €61,370 | €53,682 | -€7,687 | -12.5% |
| Financial income | 75/76B | €2,070 | €1,699 | -€371 | -17.9% |
| Recurring financial income | 75 | €2,070 | €1,699 | -€371 | -17.9% |
| Financial charges | 65/66B | €1,696 | €1,641 | -€55 | -3.2% |
| Recurring financial charges | 65 | €1,696 | €1,641 | -€55 | -3.2% |
| Profit (loss) for the period before taxes | 9903 | €61,743 | €53,740 | -€8,003 | -13.0% |
| Income taxes | 67/77 | €16,954 | €13,963 | -€2,991 | -17.6% |
| Profit (loss) for the period | 9904 | €44,789 | €39,777 | -€5,012 | -11.2% |
| Profit (loss) for the period to be appropriated | 9905 | €44,789 | €39,777 | -€5,012 | -11.2% |
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 12 October 2026 via checked.be.