Casteele Goet: 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.
Casteele Goet
Largest movements
- Tangible fixed assets +€2.6m
up €2.6m (+127%), from €2.1m to €4.7m
of which Assets under construction and advance payments: +€2.6m
- Cash +€84,827
up €84,827 (+511%), from €16,607 to €101,434
mainly Debts after one year (+€2.5m) and Trade debts (+€131,866)
- Debts after one year +€2.5m
up €2.5m (+115%), from €2.2m to €4.7m
- Trade debts +€131,866
up €131,866 (+6,566%), from €2,008 to €133,875
- Other debts +€96,743
up €96,743 (+180%), from €53,607 to €150,349
- Profit (loss) carried forward -€95,028
down €95,028 (-47.2%), from -€201,353 to -€296,380
- Gross operating margin +€105,370
up €105,370 (+87.3%), from -€120,700 to -€15,331
- Financial charges +€56,408
up €56,408 (+80.8%), from €69,785 to €126,192
- Financial income +€46,533
up €46,533 (+2,533%), from €1,837 to €48,370
- Other operating charges -€3,265
down €3,265 (-63.5%), from €5,139 to €1,875
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 | €2,084,550 | €4,778,445 | +€2.7m | +129% |
| Fixed assets | 21/28 | €2,053,843 | €4,668,515 | +€2.6m | +127% |
| Tangible fixed assets | 22/27 | €2,053,843 | €4,668,515 | +€2.6m | +127% |
| Land and buildings | 22 | €1,916,195 | €1,916,195 | = | 0.0% |
| Assets under construction and advance payments | 27 | €137,648 | €2,752,320 | +€2.6m | +1,900% |
| Current assets | 29/58 | €30,707 | €109,930 | +€79,223 | +258% |
| Amounts receivable within one year | 40/41 | €3,198 | €8,496 | +€5,298 | +166% |
| Other amounts receivable | 41 | €3,198 | €8,496 | +€5,298 | +166% |
| Cash at bank and in hand | 54/58 | €16,607 | €101,434 | +€84,827 | +511% |
| Deferred charges and accrued income | 490/1 | €10,902 | €0 | -€10,902 | -100% |
| Total equity and liabilities | 10/49 | €2,084,550 | €4,778,445 | +€2.7m | +129% |
| Equity | 10/15 | -€151,353 | -€246,380 | -€95,028 | -62.8% |
| Contributions | 10/11 | €50,000 | €50,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€201,353 | -€296,380 | -€95,028 | -47.2% |
| Amounts payable | 17/49 | €2,235,903 | €5,024,826 | +€2.8m | +125% |
| Amounts payable after more than one year | 17 | €2,180,000 | €4,690,561 | +€2.5m | +115% |
| Financial debts | 170/4 | €2,180,000 | €4,690,561 | +€2.5m | +115% |
| Amounts payable within one year | 42/48 | €55,903 | €331,297 | +€275,395 | +493% |
| Current portion of amounts payable after more than one year | 42 | - | €46,786 | +€46,786 | |
| Trade debts | 44 | €2,008 | €133,875 | +€131,866 | +6,566% |
| Suppliers | 440/4 | €2,008 | €133,875 | +€131,866 | +6,566% |
| Taxes, remuneration and social security | 45 | €288 | €288 | = | 0.0% |
| Taxes | 450/3 | €288 | €288 | = | 0.0% |
| Other amounts payable | 47/48 | €53,607 | €150,349 | +€96,743 | +180% |
| Accrued charges and deferred income | 492/3 | - | €2,967 | +€2,967 | |
| Other operating charges | 640/8 | €5,139 | €1,875 | -€3,265 | -63.5% |
| Gross operating margin | 9900 | -€120,700 | -€15,331 | +€105,370 | +87.3% |
| Operating profit (loss) | 9901 | -€125,840 | -€17,206 | +€108,634 | +86.3% |
| Financial income | 75/76B | €1,837 | €48,370 | +€46,533 | +2,533% |
| Recurring financial income | 75 | €1,837 | €48,370 | +€46,533 | +2,533% |
| Financial charges | 65/66B | €69,785 | €126,192 | +€56,408 | +80.8% |
| Recurring financial charges | 65 | €69,785 | €126,192 | +€56,408 | +80.8% |
| Profit (loss) for the period before taxes | 9903 | -€193,787 | -€95,028 | +€98,760 | +51.0% |
| Profit (loss) for the period | 9904 | -€193,787 | -€95,028 | +€98,760 | +51.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€193,787 | -€95,028 | +€98,760 | +51.0% |
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.