CASTELEYN TRS – Eeklo: 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.
CASTELEYN TRS – Eeklo
Largest movements
- Cash -€334,279
down €334,279 (-60.6%), from €551,732 to €217,453
mainly Receivables within one year (-€222,336) and Stocks and contracts (-€129,512)
- Tangible fixed assets -€243,537
down €243,537 (-50.1%), from €485,861 to €242,323
of which Furniture and vehicles: -€234,724
- Receivables within one year +€222,336
up €222,336 (+36.2%), from €614,201 to €836,538
of which Other amounts receivable: +€152,910
- Stocks and contracts +€129,512
up €129,512 (+214%), from €60,407 to €189,920
- Debts after one year -€122,225
down €122,225 (-100%), from €122,225 to €0
- Other debts -€100,000
down €100,000 (-100%), from €100,000 to €0
- Tax, wage and social debts +€19,673
up €19,673 (+123%), from €15,931 to €35,604
of which Taxes: +€16,901
- Gross operating margin -€102,648
down €102,648 (-27.4%), from €375,194 to €272,546
- Taxes -€17,653
down €17,653 (-99.8%), from €17,681 to €27
- Write-downs -€10,929
down €10,929, from €8,908 to -€2,021
- Staff costs +€8,034
up €8,034 (+8.1%), from €99,472 to €107,507
- Financial income +€5,632
up €5,632 (+942%), from €598 to €6,230
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 | €1,713,857 | €1,489,304 | -€224,553 | -13.1% |
| Fixed assets | 21/28 | €485,861 | €242,323 | -€243,537 | -50.1% |
| Tangible fixed assets | 22/27 | €485,861 | €242,323 | -€243,537 | -50.1% |
| Plant, machinery and equipment | 23 | €92,809 | €83,995 | -€8,814 | -9.5% |
| Furniture and vehicles | 24 | €393,052 | €158,329 | -€234,724 | -59.7% |
| Current assets | 29/58 | €1,227,996 | €1,246,980 | +€18,985 | +1.5% |
| Stocks and contracts in progress | 3 | €60,407 | €189,920 | +€129,512 | +214% |
| Stocks | 30/36 | €60,407 | €189,920 | +€129,512 | +214% |
| Amounts receivable within one year | 40/41 | €614,201 | €836,538 | +€222,336 | +36.2% |
| Trade receivables | 40 | €256,501 | €325,928 | +€69,427 | +27.1% |
| Other amounts receivable | 41 | €357,700 | €510,610 | +€152,910 | +42.7% |
| Cash at bank and in hand | 54/58 | €551,732 | €217,453 | -€334,279 | -60.6% |
| Deferred charges and accrued income | 490/1 | €1,655 | €3,070 | +€1,415 | +85.5% |
| Total equity and liabilities | 10/49 | €1,713,857 | €1,489,304 | -€224,553 | -13.1% |
| Equity | 10/15 | €1,253,738 | €1,241,671 | -€12,068 | -1.0% |
| Contributions | 10/11 | €19,958 | €19,958 | = | 0.0% |
| Reserves | 13 | €1,170,914 | €1,170,914 | = | 0.0% |
| Distributable reserves | 133 | €1,170,914 | €1,170,914 | = | 0.0% |
| Profit (loss) carried forward | 14 | €62,866 | €50,799 | -€12,068 | -19.2% |
| Amounts payable | 17/49 | €460,119 | €247,633 | -€212,485 | -46.2% |
| Amounts payable after more than one year | 17 | €122,225 | €0 | -€122,225 | -100% |
| Financial debts | 170/4 | €122,225 | €0 | -€122,225 | -100% |
| Amounts payable within one year | 42/48 | €337,893 | €247,633 | -€90,260 | -26.7% |
| Current portion of amounts payable after more than one year | 42 | €121,103 | €122,225 | +€1,122 | +0.9% |
| Trade debts | 44 | €100,859 | €89,804 | -€11,055 | -11.0% |
| Suppliers | 440/4 | €100,859 | €89,804 | -€11,055 | -11.0% |
| Taxes, remuneration and social security | 45 | €15,931 | €35,604 | +€19,673 | +123% |
| Taxes | 450/3 | €7,490 | €24,392 | +€16,901 | +226% |
| Remuneration and social security | 454/9 | €8,441 | €11,212 | +€2,771 | +32.8% |
| Other amounts payable | 47/48 | €100,000 | €0 | -€100,000 | -100% |
| Remuneration, social security and pensions | 62 | €99,472 | €107,507 | +€8,034 | +8.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €174,839 | €171,992 | -€2,848 | -1.6% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €8,908 | -€2,021 | -€10,929 | |
| Other operating charges | 640/8 | €8,967 | €11,404 | +€2,437 | +27.2% |
| Gross operating margin | 9900 | €375,194 | €272,546 | -€102,648 | -27.4% |
| Operating profit (loss) | 9901 | €83,008 | -€16,335 | -€99,343 | |
| Financial income | 75/76B | €598 | €6,230 | +€5,632 | +942% |
| Recurring financial income | 75 | €598 | €6,230 | +€5,632 | +942% |
| Financial charges | 65/66B | €3,059 | €1,934 | -€1,125 | -36.8% |
| Recurring financial charges | 65 | €3,059 | €1,934 | -€1,125 | -36.8% |
| Profit (loss) for the period before taxes | 9903 | €80,547 | -€12,040 | -€92,587 | |
| Income taxes | 67/77 | €17,681 | €27 | -€17,653 | -99.8% |
| Profit (loss) for the period | 9904 | €62,866 | -€12,068 | -€74,934 | |
| Profit (loss) for the period to be appropriated | 9905 | €62,866 | -€12,068 | -€74,934 |
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 30 October 2026 via checked.be.