CASTEL: 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.
CASTEL
Largest movements
- Stocks and contracts -€11,091
down €11,091 (-23.5%), from €47,103 to €36,012
- Tangible fixed assets +€2,518
up €2,518 (+7.5%), from €33,450 to €35,968
of which Furniture and vehicles: +€5,119
- Cash +€1,427
up €1,427 (+12.2%), from €11,674 to €13,101
- Other debts -€7,023
down €7,023 (-12.8%), from €54,751 to €47,728
- Profit (loss) carried forward -€4,941
down €4,941 (-17.0%), from -€29,045 to -€33,986
- Tax, wage and social debts +€3,008
up €3,008 (+110.7%), from €2,716 to €5,724
of which Taxes: +€4,671
- Trade debts +€2,701
up €2,701 (+121.3%), from €2,227 to €4,928
- Gross operating margin +€22,433
up €22,433 (+99.9%), from -€22,463 to -€30
- Financial income -€2,616
down €2,616 (-99.5%), from €2,630 to €14
- Financial charges -€2,251
down €2,251 (-71.0%), from €3,169 to €918
- Other operating charges +€945
up €945 (+430.1%), from €220 to €1,165
- Depreciation +€843
up €843 (+41.8%), from €2,018 to €2,861
From the 2023 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
A cash bridge needs two consecutive financial years: one year's result and depreciation cannot explain a change over several years. Pick two years that follow each other.
Every line side by side
| Line | Code | 2023 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €98,267 | €92,013 | -€6,254 | -6.4% |
| Fixed assets | 21/28 | €33,450 | €35,968 | +€2,518 | +7.5% |
| Tangible fixed assets | 22/27 | €33,450 | €35,968 | +€2,518 | +7.5% |
| Plant, machinery and equipment | 23 | €8,942 | €6,341 | -€2,601 | -29.1% |
| Furniture and vehicles | 24 | €24,508 | €29,627 | +€5,119 | +20.9% |
| Current assets | 29/58 | €64,817 | €56,045 | -€8,772 | -13.5% |
| Stocks and contracts in progress | 3 | €47,103 | €36,012 | -€11,091 | -23.5% |
| Stocks | 30/36 | €47,103 | €36,012 | -€11,091 | -23.5% |
| Amounts receivable within one year | 40/41 | €4,810 | €5,611 | +€801 | +16.6% |
| Trade receivables | 40 | €2,223 | €3,068 | +€845 | +38.0% |
| Other amounts receivable | 41 | €2,587 | €2,543 | -€44 | -1.7% |
| Cash at bank and in hand | 54/58 | €11,674 | €13,101 | +€1,427 | +12.2% |
| Deferred charges and accrued income | 490/1 | €1,229 | €1,321 | +€92 | +7.5% |
| Total equity and liabilities | 10/49 | €98,267 | €92,013 | -€6,254 | -6.4% |
| Equity | 10/15 | €38,573 | €33,633 | -€4,940 | -12.8% |
| Contributions | 10/11 | €39,663 | €39,663 | +€0 | 0.0% |
| Reserves | 13 | €27,956 | €27,956 | +€0 | 0.0% |
| Non-distributable reserves | 130/1 | €5,206 | - | -€5,206 | |
| Reserves not available under the articles | 1311 | €5,206 | - | -€5,206 | |
| Tax-exempt reserves | 132 | €22,750 | €22,750 | -€0 | 0.0% |
| Distributable reserves | 133 | - | €5,206 | +€5,206 | |
| Profit (loss) carried forward | 14 | -€29,045 | -€33,986 | -€4,941 | -17.0% |
| Amounts payable | 17/49 | €59,693 | €58,380 | -€1,313 | -2.2% |
| Amounts payable within one year | 42/48 | €59,693 | €58,380 | -€1,313 | -2.2% |
| Trade debts | 44 | €2,227 | €4,928 | +€2,701 | +121.3% |
| Suppliers | 440/4 | €2,227 | €4,928 | +€2,701 | +121.3% |
| Taxes, remuneration and social security | 45 | €2,716 | €5,724 | +€3,008 | +110.7% |
| Taxes | 450/3 | €1,053 | €5,724 | +€4,671 | +443.6% |
| Remuneration and social security | 454/9 | €1,663 | - | -€1,663 | |
| Other amounts payable | 47/48 | €54,751 | €47,728 | -€7,023 | -12.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,018 | €2,861 | +€843 | +41.8% |
| Other operating charges | 640/8 | €220 | €1,165 | +€945 | +430.1% |
| Gross operating margin | 9900 | -€22,463 | -€30 | +€22,433 | +99.9% |
| Operating profit (loss) | 9901 | -€24,701 | -€4,056 | +€20,645 | +83.6% |
| Financial income | 75/76B | €2,630 | €14 | -€2,616 | -99.5% |
| Recurring financial income | 75 | €2,630 | €14 | -€2,616 | -99.5% |
| Financial charges | 65/66B | €3,169 | €918 | -€2,251 | -71.0% |
| Recurring financial charges | 65 | €3,169 | €918 | -€2,251 | -71.0% |
| Profit (loss) for the period before taxes | 9903 | -€25,240 | -€4,960 | +€20,280 | +80.3% |
| Income taxes | 67/77 | €155 | €144 | -€11 | -7.0% |
| Profit (loss) for the period | 9904 | -€25,395 | -€5,104 | +€20,291 | +79.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€25,395 | -€5,104 | +€20,291 | +79.9% |
Source: filed annual accounts (NBB), financial years ended 30 September 2023 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 10 October 2026 via checked.be.