CASTELLIBRO: 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.
What changed
CASTELLIBRO
NACE 68.203, Renting and operating of own or leased non-residential real estate, excluding land
financial year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€172,143
2024 · €284,857-€112,714
Equity
€1.7m
2024 · €1.5m+€172,143
Cash
€13,045
2024 · €1,544+€11,501
Balance sheet total
€2.0m
2024 · €1.9m+€59,604
Largest movements
Assets
- Tangible fixed assets +€45,747
up €45,747 (+7.1%), from €645,302 to €691,049
of which Plant, machinery and equipment: +€35,373
Equity and liabilities
- Current portion of long-term debt -€177,254
down €177,254 (-93.4%), from €189,754 to €12,500
- Profit (loss) carried forward +€174,749
up €174,749 (+12.3%), from €1.4m to €1.6m
- Trade debts +€71,852
up €71,852 (+1271.0%), from €5,653 to €77,505
Income statement
- Gross operating margin -€148,256
down €148,256 (-40.1%), from €369,476 to €221,220
- Taxes -€19,665
down €19,665 (-31.9%), from €61,644 to €41,979
- Financial charges -€4,763
down €4,763 (-48.7%), from €9,789 to €5,026
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.
Result 2024
€284,857
Gross operating margin
-€148,256
Depreciation
-€1,696
Other operating charges
-€979
Financial charges
+€4,763
Taxes
+€19,665
Deferred taxes and other
+€13,789
Result 2025
€172,143
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.
From operations
+€262,096
Investment
-€60,841
Financing
-€189,754
Cash 2024
€1,544
From operations (derived)
+€262,096
Net result for the year
+€172,143
Depreciation
+€15,095
Receivables within one year
-€2,357
Provisions
-€869
Trade debts
+€71,852
Tax, wage and social debts
-€11,268
Other debts
+€17,500
Investment (derived)
-€60,841
Investment in fixed assets (net)
-€60,841
Financing
-€189,754
Debts after one year
-€12,500
Current portion of long-term debt
-€177,254
Cash 2025
€13,045
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,901,158 | €1,960,762 | +€59,604 | +3.1% |
| Fixed assets | 21/28 | €1,897,794 | €1,943,540 | +€45,746 | +2.4% |
| Tangible fixed assets | 22/27 | €645,302 | €691,049 | +€45,747 | +7.1% |
| Land and buildings | 22 | €588,344 | €598,718 | +€10,374 | +1.8% |
| Plant, machinery and equipment | 23 | €56,958 | €92,331 | +€35,373 | +62.1% |
| Financial fixed assets | 28 | €1,252,492 | €1,252,491 | -€1 | 0.0% |
| Current assets | 29/58 | €3,364 | €17,222 | +€13,858 | +412.0% |
| Amounts receivable within one year | 40/41 | €1,820 | €4,177 | +€2,357 | +129.5% |
| Trade receivables | 40 | €1,783 | €1,071 | -€712 | -39.9% |
| Other amounts receivable | 41 | €37 | €3,106 | +€3,069 | +8294.6% |
| Cash at bank and in hand | 54/58 | €1,544 | €13,045 | +€11,501 | +744.9% |
| Total equity and liabilities | 10/49 | €1,901,158 | €1,960,762 | +€59,604 | +3.1% |
| Equity | 10/15 | €1,548,062 | €1,720,205 | +€172,143 | +11.1% |
| Contributions | 10/11 | €35,000 | €35,000 | = | 0.0% |
| Capital | 10 | €35,000 | €35,000 | = | 0.0% |
| Issued capital | 100 | €35,000 | €35,000 | = | 0.0% |
| Reserves | 13 | €93,421 | €90,815 | -€2,606 | -2.8% |
| Non-distributable reserves | 130/1 | €3,500 | €3,500 | = | 0.0% |
| Legal reserve | 130 | €3,500 | €3,500 | = | 0.0% |
| Tax-exempt reserves | 132 | €46,580 | €43,974 | -€2,606 | -5.6% |
| Distributable reserves | 133 | €43,341 | €43,341 | = | 0.0% |
| Profit (loss) carried forward | 14 | €1,419,641 | €1,594,390 | +€174,749 | +12.3% |
| Provisions and deferred taxes | 16 | €15,527 | €14,658 | -€869 | -5.6% |
| Provisions for liabilities and charges | 160/5 | €15,527 | - | -€15,527 | |
| Taxes | 161 | €15,527 | - | -€15,527 | |
| Deferred taxes | 168 | - | €14,658 | +€14,658 | |
| Amounts payable | 17/49 | €337,569 | €225,899 | -€111,670 | -33.1% |
| Amounts payable after more than one year | 17 | €12,500 | - | -€12,500 | |
| Financial debts | 170/4 | €12,500 | - | -€12,500 | |
| Amounts payable within one year | 42/48 | €325,069 | €225,899 | -€99,170 | -30.5% |
| Current portion of amounts payable after more than one year | 42 | €189,754 | €12,500 | -€177,254 | -93.4% |
| Trade debts | 44 | €5,653 | €77,505 | +€71,852 | +1271.0% |
| Suppliers | 440/4 | €5,653 | €77,505 | +€71,852 | +1271.0% |
| Taxes, remuneration and social security | 45 | €32,162 | €20,894 | -€11,268 | -35.0% |
| Taxes | 450/3 | €32,162 | €20,894 | -€11,268 | -35.0% |
| Other amounts payable | 47/48 | €97,500 | €115,000 | +€17,500 | +17.9% |
| Non-recurring operating income | 76A | €69,774 | - | -€69,774 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,399 | €15,095 | +€1,696 | +12.7% |
| Other operating charges | 640/8 | €36,866 | €37,845 | +€979 | +2.7% |
| Gross operating margin | 9900 | €369,476 | €221,220 | -€148,256 | -40.1% |
| Operating profit (loss) | 9901 | €319,211 | €168,280 | -€150,931 | -47.3% |
| Financial income | 75/76B | €50,000 | €50,000 | = | 0.0% |
| Recurring financial income | 75 | €50,000 | €50,000 | = | 0.0% |
| Financial charges | 65/66B | €9,789 | €5,026 | -€4,763 | -48.7% |
| Recurring financial charges | 65 | €9,789 | €5,026 | -€4,763 | -48.7% |
| Profit (loss) for the period before taxes | 9903 | €359,422 | €213,254 | -€146,168 | -40.7% |
| Transfer from deferred taxes | 780 | €2,605 | €868 | -€1,737 | -66.7% |
| Transfer to deferred taxes | 680 | €15,526 | - | -€15,526 | |
| Income taxes | 67/77 | €61,644 | €41,979 | -€19,665 | -31.9% |
| Profit (loss) for the period | 9904 | €284,857 | €172,143 | -€112,714 | -39.6% |
| Transfer from tax-exempt reserves | 789 | - | €2,605 | +€2,605 | |
| Transfer to tax-exempt reserves | 689 | €49,185 | - | -€49,185 | |
| Profit (loss) for the period to be appropriated | 9905 | €235,672 | €174,748 | -€60,924 | -25.9% |
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 10 October 2026 via checked.be.