Castani: 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.
Castani
Largest movements
- Cash -€42,567
down €42,567 (-38.8%), from €109,750 to €67,183
mainly Investment in fixed assets (net) (-€39,550) and Net result for the year (-€36,974)
- Tangible fixed assets +€18,432
up €18,432 (+83.3%), from €22,122 to €40,554
of which Other tangible fixed assets: +€23,659
- Receivables within one year -€10,865
down €10,865 (-40.9%), from €26,570 to €15,705
of which Trade receivables: -€9,934
- Reserves -€57,537
down €57,537 (-37.5%), from €153,346 to €95,808
of which Distributable reserves: -€57,537
- Profit (loss) carried forward +€20,564
no longer reported in 2025 (was -€20,564)
- Trade debts +€2,816
up €2,816 (+106%), from €2,653 to €5,469
- Gross operating margin -€21,369
down €21,369 (-51.8%), from €41,250 to €19,880
- Depreciation -€7,102
down €7,102 (-25.2%), from €28,220 to €21,118
- Staff costs +€1,380
up €1,380 (+4.2%), from €32,639 to €34,019
- Other operating charges +€641
up €641 (+127%), from €505 to €1,146
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 | €160,818 | €125,570 | -€35,248 | -21.9% |
| Fixed assets | 21/28 | €22,122 | €40,554 | +€18,432 | +83.3% |
| Tangible fixed assets | 22/27 | €22,122 | €40,554 | +€18,432 | +83.3% |
| Plant, machinery and equipment | 23 | €867 | €817 | -€50 | -5.8% |
| Furniture and vehicles | 24 | €19,582 | €14,404 | -€5,177 | -26.4% |
| Other tangible fixed assets | 26 | €1,673 | €25,332 | +€23,659 | +1,414% |
| Current assets | 29/58 | €138,696 | €85,016 | -€53,680 | -38.7% |
| Amounts receivable within one year | 40/41 | €26,570 | €15,705 | -€10,865 | -40.9% |
| Trade receivables | 40 | €16,878 | €6,945 | -€9,934 | -58.9% |
| Other amounts receivable | 41 | €9,691 | €8,760 | -€931 | -9.6% |
| Cash at bank and in hand | 54/58 | €109,750 | €67,183 | -€42,567 | -38.8% |
| Deferred charges and accrued income | 490/1 | €2,376 | €2,128 | -€248 | -10.4% |
| Total equity and liabilities | 10/49 | €160,818 | €125,570 | -€35,248 | -21.9% |
| Equity | 10/15 | €151,382 | €114,408 | -€36,974 | -24.4% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €153,346 | €95,808 | -€57,537 | -37.5% |
| Tax-exempt reserves | 132 | €111 | €111 | = | 0.0% |
| Distributable reserves | 133 | €153,234 | €95,697 | -€57,537 | -37.5% |
| Profit (loss) carried forward | 14 | -€20,564 | - | +€20,564 | |
| Amounts payable | 17/49 | €9,436 | €11,162 | +€1,726 | +18.3% |
| Amounts payable within one year | 42/48 | €9,436 | €11,162 | +€1,726 | +18.3% |
| Trade debts | 44 | €2,653 | €5,469 | +€2,816 | +106% |
| Suppliers | 440/4 | €2,653 | €5,469 | +€2,816 | +106% |
| Taxes, remuneration and social security | 45 | €5,967 | €4,805 | -€1,162 | -19.5% |
| Taxes | 450/3 | €1,329 | - | -€1,329 | |
| Remuneration and social security | 454/9 | €4,638 | €4,805 | +€167 | +3.6% |
| Other amounts payable | 47/48 | €816 | €887 | +€71 | +8.7% |
| Non-recurring operating income | 76A | €1,605 | - | -€1,605 | |
| Remuneration, social security and pensions | 62 | €32,639 | €34,019 | +€1,380 | +4.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €28,220 | €21,118 | -€7,102 | -25.2% |
| Other operating charges | 640/8 | €505 | €1,146 | +€641 | +127% |
| Gross operating margin | 9900 | €41,250 | €19,880 | -€21,369 | -51.8% |
| Operating profit (loss) | 9901 | -€20,115 | -€36,403 | -€16,288 | -81.0% |
| Financial income | 75/76B | €36 | - | -€36 | |
| Recurring financial income | 75 | €36 | - | -€36 | |
| Financial charges | 65/66B | €176 | €270 | +€95 | +53.8% |
| Recurring financial charges | 65 | €176 | €270 | +€95 | +53.8% |
| Profit (loss) for the period before taxes | 9903 | -€20,255 | -€36,673 | -€16,419 | -81.1% |
| Income taxes | 67/77 | €309 | €300 | -€8 | -2.7% |
| Profit (loss) for the period | 9904 | -€20,564 | -€36,974 | -€16,410 | -79.8% |
| Profit (loss) for the period to be appropriated | 9905 | -€20,564 | -€36,974 | -€16,410 | -79.8% |
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 13 October 2026 via checked.be.