CASTEDIM: 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.
CASTEDIM
Largest movements
- Tangible fixed assets -€145,732
down €145,732 (-3.1%), from €4.7m to €4.6m
- Debts after one year -€220,000
down €220,000 (-17.6%), from €1.3m to €1.0m
- Reserves +€90,831
up €90,831 (+75.3%), from €120,691 to €211,522
of which Distributable reserves: +€86,289
- Financial charges -€30,799
down €30,799 (-29.2%), from €105,534 to €74,735
- Depreciation -€23,269
down €23,269 (-13.8%), from €169,001 to €145,732
- Taxes +€18,042
up €18,042 (+116.4%), from €15,500 to €33,542
- Gross operating margin +€13,593
up €13,593 (+3.6%), from €381,448 to €395,041
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 | €4,764,397 | €4,604,599 | -€159,798 | -3.4% |
| Fixed assets | 21/28 | €4,728,204 | €4,582,472 | -€145,732 | -3.1% |
| Tangible fixed assets | 22/27 | €4,728,204 | €4,582,472 | -€145,732 | -3.1% |
| Land and buildings | 22 | €4,728,204 | €4,582,472 | -€145,732 | -3.1% |
| Current assets | 29/58 | €36,192 | €22,127 | -€14,066 | -38.9% |
| Amounts receivable within one year | 40/41 | €16,935 | - | -€16,935 | |
| Trade receivables | 40 | €16,935 | - | -€16,935 | |
| Cash at bank and in hand | 54/58 | €9,758 | €22,127 | +€12,369 | +126.8% |
| Deferred charges and accrued income | 490/1 | €9,500 | - | -€9,500 | |
| Total equity and liabilities | 10/49 | €4,764,397 | €4,604,599 | -€159,798 | -3.4% |
| Equity | 10/15 | €2,898,491 | €2,989,322 | +€90,831 | +3.1% |
| Contributions | 10/11 | €2,777,800 | €2,777,800 | = | 0.0% |
| Capital | 10 | €2,777,800 | €2,777,800 | = | 0.0% |
| Issued capital | 100 | €2,777,800 | €2,777,800 | = | 0.0% |
| Reserves | 13 | €120,691 | €211,522 | +€90,831 | +75.3% |
| Non-distributable reserves | 130/1 | €6,530 | €11,071 | +€4,542 | +69.5% |
| Legal reserve | 130 | €6,530 | €11,071 | +€4,542 | +69.5% |
| Distributable reserves | 133 | €114,161 | €200,450 | +€86,289 | +75.6% |
| Amounts payable | 17/49 | €1,865,905 | €1,615,277 | -€250,628 | -13.4% |
| Amounts payable after more than one year | 17 | €1,250,556 | €1,030,556 | -€220,000 | -17.6% |
| Financial debts | 170/4 | €1,250,556 | €1,030,556 | -€220,000 | -17.6% |
| Amounts payable within one year | 42/48 | €598,754 | €580,279 | -€18,475 | -3.1% |
| Current portion of amounts payable after more than one year | 42 | €220,000 | €220,000 | = | 0.0% |
| Trade debts | 44 | €17,106 | €6,368 | -€10,737 | -62.8% |
| Suppliers | 440/4 | €17,106 | €6,368 | -€10,737 | -62.8% |
| Taxes, remuneration and social security | 45 | €12,648 | €28,911 | +€16,262 | +128.6% |
| Taxes | 450/3 | €12,648 | €28,911 | +€16,262 | +128.6% |
| Other amounts payable | 47/48 | €349,000 | €325,000 | -€24,000 | -6.9% |
| Accrued charges and deferred income | 492/3 | €16,596 | €4,442 | -€12,153 | -73.2% |
| Non-recurring operating income | 76A | €2,542 | - | -€2,542 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €169,001 | €145,732 | -€23,269 | -13.8% |
| Other operating charges | 640/8 | €49,022 | €50,201 | +€1,179 | +2.4% |
| Gross operating margin | 9900 | €381,448 | €395,041 | +€13,593 | +3.6% |
| Operating profit (loss) | 9901 | €163,424 | €199,107 | +€35,683 | +21.8% |
| Financial charges | 65/66B | €105,534 | €74,735 | -€30,799 | -29.2% |
| Recurring financial charges | 65 | €105,534 | €74,735 | -€30,799 | -29.2% |
| Profit (loss) for the period before taxes | 9903 | €57,891 | €124,372 | +€66,482 | +114.8% |
| Income taxes | 67/77 | €15,500 | €33,542 | +€18,042 | +116.4% |
| Profit (loss) for the period | 9904 | €42,391 | €90,831 | +€48,440 | +114.3% |
| Profit (loss) for the period to be appropriated | 9905 | €42,391 | €90,831 | +€48,440 | +114.3% |
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.