CASTELBEL: 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.
CASTELBEL
Largest movements
- Receivables within one year -€4,354
down €4,354 (-20.1%), from €21,635 to €17,281
of which Trade receivables: -€4,054
- Stocks and contracts +€3,431
up €3,431 (+75.4%), from €4,549 to €7,981
- Cash -€703
no longer reported in 2024 (was €703)
mainly Debts after one year (-€31,108) and Trade debts (-€8,832)
- Debts after one year -€31,108
down €31,108 (-38.9%), from €79,917 to €48,810
- Other debts +€26,348
up €26,348 (+173%), from €15,274 to €41,622
- Trade debts -€8,832
down €8,832 (-50.1%), from €17,643 to €8,811
- Short-term financial debts +€6,971
new in 2024: €6,971
- Current portion of long-term debt +€6,025
up €6,025 (+24.0%), from €25,083 to €31,108
- Financial income -€17,533
no longer reported in 2024 (was €17,533)
- Financial charges +€3,332
up €3,332 (+80.1%), from €4,159 to €7,491
- Other operating charges -€3,250
no longer reported in 2024 (was €3,250)
- Gross operating margin +€838
up €838 (+12.7%), from €6,624 to €7,462
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.
Derived cash bridge
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 | €31,262 | €29,637 | -€1,625 | -5.2% |
| Fixed assets | 21/28 | €4,375 | €4,375 | = | 0.0% |
| Financial fixed assets | 28 | €4,375 | €4,375 | = | 0.0% |
| Current assets | 29/58 | €26,887 | €25,262 | -€1,625 | -6.0% |
| Stocks and contracts in progress | 3 | €4,549 | €7,981 | +€3,431 | +75.4% |
| Stocks | 30/36 | €4,549 | €7,981 | +€3,431 | +75.4% |
| Amounts receivable within one year | 40/41 | €21,635 | €17,281 | -€4,354 | -20.1% |
| Trade receivables | 40 | €6,679 | €2,625 | -€4,054 | -60.7% |
| Other amounts receivable | 41 | €14,957 | €14,656 | -€300 | -2.0% |
| Cash at bank and in hand | 54/58 | €703 | - | -€703 | |
| Total equity and liabilities | 10/49 | €31,262 | €29,637 | -€1,625 | -5.2% |
| Equity | 10/15 | -€118,864 | -€118,893 | -€29 | 0.0% |
| Contributions | 10/11 | €130,000 | €130,000 | = | 0.0% |
| Capital | 10 | €130,000 | €130,000 | = | 0.0% |
| Issued capital | 100 | €130,000 | €130,000 | = | 0.0% |
| Reserves | 13 | €143,816 | €143,816 | = | 0.0% |
| Non-distributable reserves | 130/1 | €16,361 | €16,361 | = | 0.0% |
| Legal reserve | 130 | €16,361 | €16,361 | = | 0.0% |
| Tax-exempt reserves | 132 | €56,250 | €56,250 | = | 0.0% |
| Distributable reserves | 133 | €71,205 | €71,205 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€392,680 | -€392,709 | -€29 | 0.0% |
| Amounts payable | 17/49 | €150,126 | €148,530 | -€1,596 | -1.1% |
| Amounts payable after more than one year | 17 | €79,917 | €48,810 | -€31,108 | -38.9% |
| Financial debts | 170/4 | €79,917 | €48,810 | -€31,108 | -38.9% |
| Amounts payable within one year | 42/48 | €70,209 | €99,720 | +€29,512 | +42.0% |
| Current portion of amounts payable after more than one year | 42 | €25,083 | €31,108 | +€6,025 | +24.0% |
| Financial debts | 43 | - | €6,971 | +€6,971 | |
| Credit institutions | 430/8 | - | €6,971 | +€6,971 | |
| Trade debts | 44 | €17,643 | €8,811 | -€8,832 | -50.1% |
| Suppliers | 440/4 | €17,643 | €8,811 | -€8,832 | -50.1% |
| Taxes, remuneration and social security | 45 | €12,209 | €11,208 | -€1,000 | -8.2% |
| Taxes | 450/3 | €8,541 | €8,541 | = | 0.0% |
| Remuneration and social security | 454/9 | €3,668 | €2,668 | -€1,000 | -27.3% |
| Other amounts payable | 47/48 | €15,274 | €41,622 | +€26,348 | +173% |
| Non-recurring operating income | 76A | €1,749 | - | -€1,749 | |
| Other operating charges | 640/8 | €3,250 | - | -€3,250 | |
| Gross operating margin | 9900 | €6,624 | €7,462 | +€838 | +12.7% |
| Operating profit (loss) | 9901 | €3,373 | €7,462 | +€4,089 | +121% |
| Financial income | 75/76B | €17,533 | - | -€17,533 | |
| Recurring financial income | 75 | €17,533 | - | -€17,533 | |
| Financial charges | 65/66B | €4,159 | €7,491 | +€3,332 | +80.1% |
| Recurring financial charges | 65 | €4,159 | €7,491 | +€3,332 | +80.1% |
| Profit (loss) for the period before taxes | 9903 | €16,747 | -€29 | -€16,776 | |
| Profit (loss) for the period | 9904 | €16,747 | -€29 | -€16,776 | |
| Profit (loss) for the period to be appropriated | 9905 | €16,747 | -€29 | -€16,776 |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 18 October 2026 via checked.be.