CASTEELE: 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.
CASTEELE
Largest movements
- Cash +€61,667
up €61,667 (+73.8%), from €83,510 to €145,176
mainly Net result for the year (+€80,117) and Receivables within one year (+€27,009)
- Receivables within one year -€27,009
down €27,009 (-33.9%), from €79,615 to €52,606
of which Trade receivables: -€27,741
- Tangible fixed assets +€14,147
up €14,147 (+10.0%), from €141,345 to €155,492
of which Furniture and vehicles: +€12,195
- Stocks and contracts -€9,274
down €9,274 (-58.4%), from €15,882 to €6,608
- Reserves +€58,117
up €58,117 (+58.7%), from €99,000 to €157,117
- Debts after one year -€25,132
down €25,132 (-34.4%), from €73,035 to €47,903
- Other debts +€12,361
up €12,361 (+20.1%), from €61,582 to €73,943
- Trade debts -€3,882
down €3,882 (-19.6%), from €19,831 to €15,950
- Gross operating margin -€55,657
down €55,657 (-26.7%), from €208,571 to €152,913
- Staff costs -€34,820
down €34,820 (-69.2%), from €50,326 to €15,505
- Taxes -€5,701
down €5,701 (-20.2%), from €28,229 to €22,529
- Other operating charges -€3,794
down €3,794 (-51.5%), from €7,368 to €3,574
- Depreciation -€3,393
down €3,393 (-11.6%), from €29,157 to €25,764
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €321,466 | €361,803 | +€40,337 | +12.5% |
| Fixed assets | 21/28 | €141,345 | €155,492 | +€14,147 | +10.0% |
| Tangible fixed assets | 22/27 | €141,345 | €155,492 | +€14,147 | +10.0% |
| Land and buildings | 22 | €106,742 | €110,686 | +€3,944 | +3.7% |
| Plant, machinery and equipment | 23 | €16,826 | €14,833 | -€1,993 | -11.8% |
| Furniture and vehicles | 24 | €17,778 | €29,973 | +€12,195 | +68.6% |
| Current assets | 29/58 | €180,121 | €206,311 | +€26,190 | +14.5% |
| Stocks and contracts in progress | 3 | €15,882 | €6,608 | -€9,274 | -58.4% |
| Stocks | 30/36 | €15,882 | €6,608 | -€9,274 | -58.4% |
| Amounts receivable within one year | 40/41 | €79,615 | €52,606 | -€27,009 | -33.9% |
| Trade receivables | 40 | €72,303 | €44,562 | -€27,741 | -38.4% |
| Other amounts receivable | 41 | €7,312 | €8,044 | +€732 | +10.0% |
| Cash at bank and in hand | 54/58 | €83,510 | €145,176 | +€61,667 | +73.8% |
| Deferred charges and accrued income | 490/1 | €1,114 | €1,920 | +€806 | +72.4% |
| Total equity and liabilities | 10/49 | €321,466 | €361,803 | +€40,337 | +12.5% |
| Equity | 10/15 | €138,503 | €196,620 | +€58,117 | +42.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €99,000 | €157,117 | +€58,117 | +58.7% |
| Distributable reserves | 133 | €99,000 | €157,117 | +€58,117 | +58.7% |
| Profit (loss) carried forward | 14 | €20,903 | €20,903 | = | 0.0% |
| Amounts payable | 17/49 | €182,963 | €165,183 | -€17,780 | -9.7% |
| Amounts payable after more than one year | 17 | €73,035 | €47,903 | -€25,132 | -34.4% |
| Financial debts | 170/4 | €73,035 | €47,903 | -€25,132 | -34.4% |
| Amounts payable within one year | 42/48 | €109,929 | €116,820 | +€6,892 | +6.3% |
| Current portion of amounts payable after more than one year | 42 | €27,600 | €25,132 | -€2,468 | -8.9% |
| Trade debts | 44 | €19,831 | €15,950 | -€3,882 | -19.6% |
| Suppliers | 440/4 | €19,831 | €15,950 | -€3,882 | -19.6% |
| Taxes, remuneration and social security | 45 | €915 | €1,796 | +€881 | +96.3% |
| Taxes | 450/3 | €915 | €1,796 | +€881 | +96.3% |
| Other amounts payable | 47/48 | €61,582 | €73,943 | +€12,361 | +20.1% |
| Accrued charges and deferred income | 492/3 | - | €460 | +€460 | |
| Non-recurring operating income | 76A | €28,000 | €100 | -€27,900 | -99.6% |
| Remuneration, social security and pensions | 62 | €50,326 | €15,505 | -€34,820 | -69.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €29,157 | €25,764 | -€3,393 | -11.6% |
| Other operating charges | 640/8 | €7,368 | €3,574 | -€3,794 | -51.5% |
| Gross operating margin | 9900 | €208,571 | €152,913 | -€55,657 | -26.7% |
| Operating profit (loss) | 9901 | €121,720 | €108,070 | -€13,650 | -11.2% |
| Financial income | 75/76B | €1 | €216 | +€215 | +21914.3% |
| Recurring financial income | 75 | €1 | €216 | +€215 | +21914.3% |
| Financial charges | 65/66B | €5,104 | €5,640 | +€536 | +10.5% |
| Recurring financial charges | 65 | €5,104 | €5,640 | +€536 | +10.5% |
| Profit (loss) for the period before taxes | 9903 | €116,617 | €102,646 | -€13,971 | -12.0% |
| Income taxes | 67/77 | €28,229 | €22,529 | -€5,701 | -20.2% |
| Profit (loss) for the period | 9904 | €88,387 | €80,117 | -€8,270 | -9.4% |
| Profit (loss) for the period to be appropriated | 9905 | €88,387 | €80,117 | -€8,270 | -9.4% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.