CASTELEYN TRS: what changed
What changed
CASTELEYN TRS
NACE 38.210, Materials recovery from waste
filed annual accounts (NBB)
Net result for the year
-€480,688
2024 · €1.3m-€1.8m
Equity
€4.0m
2024 · €4.5m-€547,769
Cash
€158,495
2024 · €61,127+€97,368
Balance sheet total
€13.8m
2024 · €7.8m+€6.0m
Largest movements
Assets
- Tangible fixed assets +€3.7m
up €3.7m (+114%), from €3.2m to €6.9m
of which Land and buildings: +€3.8m
- Financial fixed assets +€1.8m
up €1.8m (+44.4%), from €4.0m to €5.7m
of which Affiliated companies: +€1.8m
- Receivables within one year +€438,127
up €438,127 (+79.9%), from €548,072 to €986,199
of which Trade receivables: +€476,024
Equity and liabilities
- Debts after one year +€4.8m
up €4.8m (+288%), from €1.7m to €6.5m
of which Financial debts: +€2.9m
- Other debts +€1.1m
up €1.1m (+385%), from €279,433 to €1.4m
- Reserves -€547,769
down €547,769 (-13.4%), from €4.1m to €3.5m
of which Distributable reserves: -€547,769
- Trade debts +€286,589
up €286,589 (+45.7%), from €626,970 to €913,559
- Current portion of long-term debt +€220,763
up €220,763 (+32.4%), from €680,327 to €901,091
Income statement
- Financial income -€998,897
down €998,897 (-99.1%), from €1.0m to €9,406
- Services and other goods +€361,948
up €361,948 (+23.2%), from €1.6m to €1.9m
- Depreciation +€341,157
up €341,157 (+113%), from €300,736 to €641,893
- Turnover +€163,712
up €163,712 (+3.7%), from €4.4m to €4.6m
- Taxes -€101,936
down €101,936 (-100%), from €101,936 to €0
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
€1.3m
Turnover
+€163,712
Other operating income
-€51,321
Goods and materials
-€37,086
Services and other goods
-€361,948
Staff costs
-€31,844
Depreciation
-€341,157
Write-downs
-€9,667
Other operating charges
-€33,610
Other operating items
-€126,748
Financial income
-€998,897
Financial charges
-€55,023
Taxes
+€101,936
Result 2025
-€480,688
raises the resultlowers the resultnot broken down further in the accounts
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€1.2m
Investment
-€6.1m
Financing
+€5.0m
Cash 2024
€61,127
From operations (derived)
+€1.2m
Net result for the year
-€480,688
Depreciation
+€641,893
Receivables within one year
-€438,127
Smaller working-capital items
-€144
Trade debts
+€286,589
Other debts
+€1.1m
Accrued charges and deferred income
+€103,074
Investment (derived)
-€6.1m
Investment in fixed assets (net)
-€6.1m
Financing
+€5.0m
Debts after one year
+€4.8m
Current portion of long-term debt
+€220,763
Contributions, distributions and other
-€67,081
Cash 2025
€158,495
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €7,845,043 | €13,833,439 | +€6.0m | +76.3% |
| Fixed assets | 21/28 | €7,211,436 | €12,662,226 | +€5.5m | +75.6% |
| Tangible fixed assets | 22/27 | €3,246,016 | €6,936,806 | +€3.7m | +114% |
| Land and buildings | 22 | €2,375,793 | €6,194,203 | +€3.8m | +161% |
| Plant, machinery and equipment | 23 | €394,075 | €535,924 | +€141,849 | +36.0% |
| Furniture and vehicles | 24 | €291,778 | €206,678 | -€85,100 | -29.2% |
| Assets under construction and advance payments | 27 | €184,371 | €0 | -€184,371 | -100% |
| Financial fixed assets | 28 | €3,965,420 | €5,725,420 | +€1.8m | +44.4% |
| Affiliated companies | 280/1 | €3,960,000 | €5,710,000 | +€1.8m | +44.2% |
| Participating interests | 280 | €3,960,000 | €5,710,000 | +€1.8m | +44.2% |
| Companies linked by participating interests | 282/3 | - | €10,000 | +€10,000 | |
| Participating interests | 282 | - | €10,000 | +€10,000 | |
| Other financial fixed assets | 284/8 | €5,420 | €5,420 | = | 0.0% |
| Amounts receivable and cash guarantees | 285/8 | €5,420 | €5,420 | = | 0.0% |
| Current assets | 29/58 | €633,606 | €1,171,214 | +€537,608 | +84.8% |
| Stocks and contracts in progress | 3 | €0 | €0 | = | |
| Amounts receivable within one year | 40/41 | €548,072 | €986,199 | +€438,127 | +79.9% |
| Trade receivables | 40 | €505,283 | €981,307 | +€476,024 | +94.2% |
| Other amounts receivable | 41 | €42,789 | €4,893 | -€37,897 | -88.6% |
| Cash at bank and in hand | 54/58 | €61,127 | €158,495 | +€97,368 | +159% |
| Deferred charges and accrued income | 490/1 | €24,407 | €26,519 | +€2,112 | +8.7% |
| Total equity and liabilities | 10/49 | €7,845,043 | €13,833,439 | +€6.0m | +76.3% |
| Equity | 10/15 | €4,511,306 | €3,963,538 | -€547,769 | -12.1% |
| Contributions | 10/11 | €436,054 | €436,054 | = | 0.0% |
| Capital | 10 | €436,054 | €436,054 | = | 0.0% |
| Issued capital | 100 | €436,054 | €436,054 | = | 0.0% |
| Reserves | 13 | €4,075,252 | €3,527,484 | -€547,769 | -13.4% |
| Non-distributable reserves | 130/1 | €43,605 | €43,605 | = | 0.0% |
| Legal reserve | 130 | €43,605 | €43,605 | = | 0.0% |
| Tax-exempt reserves | 132 | €79,410 | €79,410 | = | 0.0% |
| Distributable reserves | 133 | €3,952,237 | €3,404,468 | -€547,769 | -13.9% |
| Amounts payable | 17/49 | €3,333,736 | €9,869,902 | +€6.5m | +196% |
| Amounts payable after more than one year | 17 | €1,681,434 | €6,528,507 | +€4.8m | +288% |
| Financial debts | 170/4 | €1,681,434 | €4,542,635 | +€2.9m | +170% |
| Credit institutions | 173 | €1,681,434 | €4,542,635 | +€2.9m | +170% |
| Other amounts payable | 178/9 | - | €1,985,872 | +€2.0m | |
| Amounts payable within one year | 42/48 | €1,644,241 | €3,230,260 | +€1.6m | +96.5% |
| Current portion of amounts payable after more than one year | 42 | €680,327 | €901,091 | +€220,763 | +32.4% |
| Trade debts | 44 | €626,970 | €913,559 | +€286,589 | +45.7% |
| Suppliers | 440/4 | €626,970 | €913,559 | +€286,589 | +45.7% |
| Taxes, remuneration and social security | 45 | €57,511 | €59,479 | +€1,968 | +3.4% |
| Taxes | 450/3 | €45,422 | €8,616 | -€36,806 | -81.0% |
| Remuneration and social security | 454/9 | €12,089 | €50,863 | +€38,774 | +321% |
| Other amounts payable | 47/48 | €279,433 | €1,356,132 | +€1.1m | +385% |
| Accrued charges and deferred income | 492/3 | €8,061 | €111,135 | +€103,074 | +1,279% |
| Operating income | 70/76A | €4,540,267 | €4,667,658 | +€127,391 | +2.8% |
| Turnover | 70 | €4,438,441 | €4,602,154 | +€163,712 | +3.7% |
| Other operating income | 74 | €101,826 | €50,504 | -€51,321 | -50.4% |
| Non-recurring operating income | 76A | - | €15,000 | +€15,000 | |
| Operating charges | 60/66A | €4,088,686 | €5,045,745 | +€957,059 | +23.4% |
| Goods for resale, raw materials and consumables | 60 | €1,836,085 | €1,873,171 | +€37,086 | +2.0% |
| Purchases | 600/8 | €1,868,949 | €1,770,097 | -€98,852 | -5.3% |
| Change in stocks: decrease (increase) | 609 | -€32,864 | €103,074 | +€135,938 | |
| Services and other goods | 61 | €1,561,524 | €1,923,472 | +€361,948 | +23.2% |
| Remuneration, social security and pensions | 62 | €366,532 | €398,376 | +€31,844 | +8.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €300,736 | €641,893 | +€341,157 | +113% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €0 | €9,667 | +€9,667 | |
| Other operating charges | 640/8 | €23,809 | €57,418 | +€33,610 | +141% |
| Non-recurring operating charges | 66A | - | €141,748 | +€141,748 | |
| Operating profit (loss) | 9901 | €451,582 | -€378,087 | -€829,669 | |
| Financial income | 75/76B | €1,008,303 | €9,406 | -€998,897 | -99.1% |
| Recurring financial income | 75 | €1,008,303 | €9,406 | -€998,897 | -99.1% |
| Income from financial fixed assets | 750 | €1,000,000 | €0 | -€1.0m | -100% |
| Other financial income | 752/9 | €8,303 | €9,406 | +€1,103 | +13.3% |
| Financial charges | 65/66B | €56,984 | €112,007 | +€55,023 | +96.6% |
| Recurring financial charges | 65 | €56,984 | €112,007 | +€55,023 | +96.6% |
| Debt charges | 650 | €52,727 | €106,174 | +€53,447 | +101% |
| Other financial charges | 652/9 | €4,257 | €5,833 | +€1,576 | +37.0% |
| Profit (loss) for the period before taxes | 9903 | €1,402,901 | -€480,688 | -€1.9m | |
| Income taxes | 67/77 | €101,936 | €0 | -€101,936 | -100% |
| Taxes | 670/3 | €101,936 | €0 | -€101,936 | -100% |
| Profit (loss) for the period | 9904 | €1,300,965 | -€480,688 | -€1.8m | |
| Profit (loss) for the period to be appropriated | 9905 | €1,300,965 | -€480,688 | -€1.8m |
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 3 November 2026 via checked.be.