Casteel: 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.
Casteel
Largest movements
- Receivables within one year +€94,523
up €94,523 (+552.5%), from €17,108 to €111,630
of which Trade receivables: +€93,372
- Cash -€68,137
down €68,137 (-85.8%), from €79,409 to €11,272
mainly Contributions, distributions and other (-€106,887) and Receivables within one year (-€94,523)
- Deferred charges and accrued income -€19,078
down €19,078 (-100.0%), from €19,078 to €0
- Current investments +€12,011
up €12,011, from €0 to €12,011
- Other debts +€31,972
up €31,972 (+60.0%), from €53,274 to €85,247
- Reserves -€27,471
down €27,471 (-57.9%), from €47,471 to €20,000
- Tax, wage and social debts +€18,112
up €18,112 (+415.9%), from €4,355 to €22,466
- Trade debts -€3,896
down €3,896 (-48.4%), from €8,051 to €4,155
- Gross operating margin +€45,803
up €45,803 (+65.8%), from €69,650 to €115,452
- Taxes +€10,353
up €10,353 (+65.5%), from €15,815 to €26,168
- Financial income -€8,675
down €8,675 (-99.8%), from €8,694 to €19
- Financial charges +€4,749
up €4,749 (+315.0%), from €1,507 to €6,256
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 | €118,151 | €136,868 | +€18,717 | +15.8% |
| Fixed assets | 21/28 | €2,556 | €1,954 | -€602 | -23.5% |
| Tangible fixed assets | 22/27 | €2,556 | €1,954 | -€602 | -23.5% |
| Plant, machinery and equipment | 23 | €953 | €1,242 | +€289 | +30.4% |
| Furniture and vehicles | 24 | €1,603 | €712 | -€891 | -55.6% |
| Current assets | 29/58 | €115,595 | €134,914 | +€19,319 | +16.7% |
| Amounts receivable within one year | 40/41 | €17,108 | €111,630 | +€94,523 | +552.5% |
| Trade receivables | 40 | €14,923 | €108,295 | +€93,372 | +625.7% |
| Other amounts receivable | 41 | €2,185 | €3,335 | +€1,151 | +52.7% |
| Current investments | 50/53 | €0 | €12,011 | +€12,011 | |
| Cash at bank and in hand | 54/58 | €79,409 | €11,272 | -€68,137 | -85.8% |
| Deferred charges and accrued income | 490/1 | €19,078 | €0 | -€19,078 | -100.0% |
| Total equity and liabilities | 10/49 | €118,151 | €136,868 | +€18,717 | +15.8% |
| Equity | 10/15 | €52,471 | €25,000 | -€27,471 | -52.4% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €47,471 | €20,000 | -€27,471 | -57.9% |
| Distributable reserves | 133 | €47,471 | €20,000 | -€27,471 | -57.9% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €65,680 | €111,868 | +€46,187 | +70.3% |
| Amounts payable within one year | 42/48 | €65,680 | €111,868 | +€46,187 | +70.3% |
| Current portion of amounts payable after more than one year | 42 | €0 | - | = | |
| Trade debts | 44 | €8,051 | €4,155 | -€3,896 | -48.4% |
| Suppliers | 440/4 | €8,051 | €4,155 | -€3,896 | -48.4% |
| Taxes, remuneration and social security | 45 | €4,355 | €22,466 | +€18,112 | +415.9% |
| Taxes | 450/3 | €4,355 | €22,466 | +€18,112 | +415.9% |
| Other amounts payable | 47/48 | €53,274 | €85,247 | +€31,972 | +60.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,968 | €1,975 | +€8 | +0.4% |
| Other operating charges | 640/8 | €1,759 | €1,655 | -€103 | -5.9% |
| Non-recurring operating charges | 66A | €6,520 | €0 | -€6,520 | -100.0% |
| Gross operating margin | 9900 | €69,650 | €115,452 | +€45,803 | +65.8% |
| Operating profit (loss) | 9901 | €59,403 | €111,822 | +€52,419 | +88.2% |
| Financial income | 75/76B | €8,694 | €19 | -€8,675 | -99.8% |
| Recurring financial income | 75 | €8,694 | €19 | -€8,675 | -99.8% |
| Financial charges | 65/66B | €1,507 | €6,256 | +€4,749 | +315.0% |
| Recurring financial charges | 65 | €1,507 | €6,256 | +€4,749 | +315.0% |
| Profit (loss) for the period before taxes | 9903 | €66,590 | €105,585 | +€38,995 | +58.6% |
| Income taxes | 67/77 | €15,815 | €26,168 | +€10,353 | +65.5% |
| Profit (loss) for the period | 9904 | €50,774 | €79,417 | +€28,642 | +56.4% |
| Profit (loss) for the period to be appropriated | 9905 | €50,774 | €79,417 | +€28,642 | +56.4% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.