CASTELL: what changed
Two fiscal 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.
CASTELL
Largest movements
- Receivables within one year -€267,176
down €267,176 (-100.0%), from €267,176 to €0
- Current investments -€44,992
down €44,992 (-67.2%), from €66,933 to €21,941
- Cash -€8,954
down €8,954 (-3.9%), from €230,326 to €221,372
mainly Contributions, distributions and other (-€400,000) and Smaller working-capital items (-€449)
- Contributions -€400,000
down €400,000 (-28.0%), from €1.4m to €1.0m
- Other debts +€57,916
new in 2025: €57,916
- Profit (loss) carried forward +€14,836
up €14,836 (+1.5%), from -€967,434 to -€952,598
- Gross operating margin -€13,953
down €13,953 (-51.9%), from €26,861 to €12,908
- Depreciation -€8,597
down €8,597 (-69.2%), from €12,419 to €3,821
- Financial income -€4,583
down €4,583 (-28.9%), from €15,845 to €11,262
of which Financial income: -€4,583
- Taxes -€2,079
down €2,079 (-83.9%), from €2,478 to €399
- Other operating charges -€979
down €979 (-16.2%), from €6,032 to €5,053
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.
Cash bridge derived
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 | €688,001 | €360,304 | -€327,698 | -47.6% |
| Fixed assets | 21/28 | €119,947 | €116,126 | -€3,821 | -3.2% |
| Tangible fixed assets | 22/27 | €119,947 | €116,126 | -€3,821 | -3.2% |
| Land and buildings | 22 | €118,614 | €115,462 | -€3,152 | -2.7% |
| Furniture and vehicles | 24 | €1,333 | €663 | -€670 | -50.2% |
| Current assets | 29/58 | €568,054 | €244,178 | -€323,876 | -57.0% |
| Amounts receivable within one year | 40/41 | €267,176 | €0 | -€267,176 | -100.0% |
| Other amounts receivable | 41 | €267,176 | €0 | -€267,176 | -100.0% |
| Current investments | 50/53 | €66,933 | €21,941 | -€44,992 | -67.2% |
| Cash at bank and in hand | 54/58 | €230,326 | €221,372 | -€8,954 | -3.9% |
| Deferred charges and accrued income | 490/1 | €3,619 | €865 | -€2,754 | -76.1% |
| Total equity and liabilities | 10/49 | €688,001 | €360,304 | -€327,698 | -47.6% |
| Equity | 10/15 | €683,115 | €297,951 | -€385,164 | -56.4% |
| Contributions | 10/11 | €1,430,000 | €1,030,000 | -€400,000 | -28.0% |
| Reserves | 13 | €220,549 | €220,549 | = | 0.0% |
| Distributable reserves | 133 | €220,549 | €220,549 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€967,434 | -€952,598 | +€14,836 | +1.5% |
| Amounts payable | 17/49 | €4,886 | €62,353 | +€57,466 | +1176.0% |
| Amounts payable within one year | 42/48 | €4,886 | €62,353 | +€57,466 | +1176.0% |
| Trade debts | 44 | €2,070 | €1,627 | -€443 | -21.4% |
| Suppliers | 440/4 | €2,070 | €1,627 | -€443 | -21.4% |
| Taxes, remuneration and social security | 45 | €2,816 | €2,810 | -€6 | -0.2% |
| Taxes | 450/3 | €2,816 | €2,810 | -€6 | -0.2% |
| Other amounts payable | 47/48 | - | €57,916 | +€57,916 | |
| Remuneration, social security and pensions | 62 | €59 | €0 | -€59 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,419 | €3,821 | -€8,597 | -69.2% |
| Other operating charges | 640/8 | €6,032 | €5,053 | -€979 | -16.2% |
| Gross operating margin | 9900 | €26,861 | €12,908 | -€13,953 | -51.9% |
| Operating profit (loss) | 9901 | €8,351 | €4,034 | -€4,318 | -51.7% |
| Financial income | 75/76B | €15,845 | €11,262 | -€4,583 | -28.9% |
| Recurring financial income | 75 | €15,845 | €11,262 | -€4,583 | -28.9% |
| Non-recurring financial income | 76B | €0 | - | = | |
| Financial charges | 65/66B | €147 | €60 | -€87 | -59.0% |
| Recurring financial charges | 65 | €147 | €60 | -€87 | -59.0% |
| Non-recurring financial charges | 66B | €0 | - | = | |
| Profit (loss) for the period before taxes | 9903 | €24,049 | €15,235 | -€8,814 | -36.7% |
| Income taxes | 67/77 | €2,478 | €399 | -€2,079 | -83.9% |
| Profit (loss) for the period | 9904 | €21,571 | €14,836 | -€6,735 | -31.2% |
| Profit (loss) for the period to be appropriated | 9905 | €21,571 | €14,836 | -€6,735 | -31.2% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.