CASTATE: 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.
CASTATE
Largest movements
- Tangible fixed assets +€533,913
up €533,913 (+46.2%), from €1.2m to €1.7m
of which Land and buildings: +€532,754
- Deferred charges and accrued income -€55,983
down €55,983 (-88.8%), from €63,064 to €7,081
- Cash +€28,121
up €28,121 (+365%), from €7,711 to €35,832
mainly Debts after one year (+€650,033) and Net result for the year (+€113,670)
- Debts after one year +€650,033
up €650,033 (+83.3%), from €780,171 to €1.4m
- Other debts -€307,552
down €307,552 (-80.5%), from €382,070 to €74,518
- Profit (loss) carried forward +€113,670
up €113,670, from -€4,300 to €109,371
- Current portion of long-term debt +€33,212
up €33,212 (+43.4%), from €76,453 to €109,665
- Tax, wage and social debts +€21,715
up €21,715 (+302%), from €7,180 to €28,895
- Gross operating margin +€173,360
up €173,360 (+163%), from €106,279 to €279,639
- Other operating charges +€70,867
up €70,867 (+1,784%), from €3,973 to €74,840
- Taxes +€20,945
up €20,945 (+19,522%), from €107 to €21,052
- Financial charges -€7,391
down €7,391 (-16.1%), from €45,809 to €38,419
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 | €1,257,970 | €1,769,212 | +€511,242 | +40.6% |
| Fixed assets | 21/28 | €1,155,670 | €1,689,583 | +€533,913 | +46.2% |
| Tangible fixed assets | 22/27 | €1,155,670 | €1,689,583 | +€533,913 | +46.2% |
| Land and buildings | 22 | €1,060,670 | €1,593,424 | +€532,754 | +50.2% |
| Plant, machinery and equipment | 23 | - | €1,158 | +€1,158 | |
| Other tangible fixed assets | 26 | €95,000 | €95,000 | = | 0.0% |
| Current assets | 29/58 | €102,300 | €79,630 | -€22,670 | -22.2% |
| Amounts receivable within one year | 40/41 | €31,525 | €36,717 | +€5,192 | +16.5% |
| Trade receivables | 40 | - | €29,217 | +€29,217 | |
| Other amounts receivable | 41 | €31,525 | €7,500 | -€24,025 | -76.2% |
| Cash at bank and in hand | 54/58 | €7,711 | €35,832 | +€28,121 | +365% |
| Deferred charges and accrued income | 490/1 | €63,064 | €7,081 | -€55,983 | -88.8% |
| Total equity and liabilities | 10/49 | €1,257,970 | €1,769,212 | +€511,242 | +40.6% |
| Equity | 10/15 | €1,700 | €115,371 | +€113,670 | +6,685% |
| Contributions | 10/11 | €6,000 | €6,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€4,300 | €109,371 | +€113,670 | |
| Amounts payable | 17/49 | €1,256,270 | €1,653,842 | +€397,572 | +31.6% |
| Amounts payable after more than one year | 17 | €780,171 | €1,430,204 | +€650,033 | +83.3% |
| Financial debts | 170/4 | €780,171 | €1,430,204 | +€650,033 | +83.3% |
| Amounts payable within one year | 42/48 | €476,098 | €222,693 | -€253,406 | -53.2% |
| Current portion of amounts payable after more than one year | 42 | €76,453 | €109,665 | +€33,212 | +43.4% |
| Trade debts | 44 | €10,395 | €9,614 | -€782 | -7.5% |
| Suppliers | 440/4 | €10,395 | €9,614 | -€782 | -7.5% |
| Taxes, remuneration and social security | 45 | €7,180 | €28,895 | +€21,715 | +302% |
| Taxes | 450/3 | €7,180 | €28,895 | +€21,715 | +302% |
| Other amounts payable | 47/48 | €382,070 | €74,518 | -€307,552 | -80.5% |
| Accrued charges and deferred income | 492/3 | - | €945 | +€945 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €29,814 | €31,702 | +€1,888 | +6.3% |
| Other operating charges | 640/8 | €3,973 | €74,840 | +€70,867 | +1,784% |
| Gross operating margin | 9900 | €106,279 | €279,639 | +€173,360 | +163% |
| Operating profit (loss) | 9901 | €72,493 | €173,097 | +€100,604 | +139% |
| Financial income | 75/76B | - | €44 | +€44 | |
| Recurring financial income | 75 | - | €44 | +€44 | |
| Financial charges | 65/66B | €45,809 | €38,419 | -€7,391 | -16.1% |
| Recurring financial charges | 65 | €45,809 | €38,419 | -€7,391 | -16.1% |
| Profit (loss) for the period before taxes | 9903 | €26,683 | €134,722 | +€108,039 | +405% |
| Income taxes | 67/77 | €107 | €21,052 | +€20,945 | +19,522% |
| Profit (loss) for the period | 9904 | €26,576 | €113,670 | +€87,094 | +328% |
| Profit (loss) for the period to be appropriated | 9905 | €26,576 | €113,670 | +€87,094 | +328% |
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 14 October 2026 via checked.be.