Castellins: 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
Castellins
NACE 46.869, Wholesale trade
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€6.0m
2024 · €7.7m-€1.7m
Equity
€16.7m
2024 · €15.1m+€1.6m
Cash
€613,410
2024 · €329,231+€284,178
Balance sheet total
€39.0m
2024 · €33.2m+€5.7m
Largest movements
Assets
- Current investments +€10.5m
up €10.5m (+1,393%), from €750,000 to €11.2m
- Receivables within one year -€7.4m
down €7.4m (-36.0%), from €20.5m to €13.1m
of which Trade receivables: -€10.4m
- Tangible fixed assets +€2.4m
up €2.4m (+178%), from €1.4m to €3.8m
of which Plant, machinery and equipment: +€2.4m
- Receivables after one year -€1.7m
down €1.7m (-100%), from €1.7m to €0
- Stocks and contracts +€1.6m
up €1.6m (+21.5%), from €7.4m to €9.0m
Equity and liabilities
- Trade debts +€3.9m
up €3.9m (+40.3%), from €9.6m to €13.5m
- Debts after one year +€3.0m
up €3.0m, from €0 to €3.0m
- Accrued charges and deferred income -€1.9m
down €1.9m (-36.2%), from €5.2m to €3.3m
- Other debts -€1.6m
down €1.6m (-87.1%), from €1.8m to €237,530
- Reserves +€1.6m
up €1.6m (+10.6%), from €15.0m to €16.6m
of which Distributable reserves: +€1.9m
Income statement
- Goods and materials -€4.6m
down €4.6m (-12.3%), from €37.5m to €32.9m
of which Purchases: -€4.7m
- Turnover -€1.9m
down €1.9m (-3.7%), from €51.0m to €49.1m
- Services and other goods +€680,262
up €680,262 (+10.0%), from €6.8m to €7.5m
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
€7.7m
Turnover
-€1.9m
Other operating income
-€157,484
Goods and materials
+€4.6m
Services and other goods
-€680,262
Staff costs
-€65,372
Depreciation
-€247,928
Provisions
-€346,812
Other operating charges
-€2,309
Other operating items
-€3.0m
Financial income
+€264,487
Financial charges
-€38,521
Taxes
-€399,951
Deferred taxes and other
+€276,062
Result 2025
€6.0m
raises the resultlowers the resultnot broken down further in the accounts
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.
From operations
+€14.0m
Investment
-€13.4m
Financing
-€318,173
Cash 2024
€329,231
From operations (derived)
+€14.0m
Net result for the year
+€6.0m
Depreciation
+€576,472
Receivables after one year
+€1.7m
Stocks and contracts
-€1.6m
Receivables within one year
+€7.4m
Deferred charges and accrued income
-€44,905
Provisions
-€37,080
Trade debts
+€3.9m
Tax, wage and social debts
-€202,115
Advances received
-€78,930
Other debts
-€1.6m
Accrued charges and deferred income
-€1.9m
Investment (derived)
-€13.4m
Investment in fixed assets (net)
-€3.0m
Current investments
-€10.5m
Financing
-€318,173
Debts after one year
+€3.0m
Current portion of long-term debt
+€585,798
Short-term financial debts
+€546,029
Contributions, distributions and other
-€4.4m
Cash 2025
€613,410
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €33,243,185 | €38,989,595 | +€5.7m | +17.3% |
| Fixed assets | 21/28 | €2,472,089 | €4,891,959 | +€2.4m | +97.9% |
| Tangible fixed assets | 22/27 | €1,357,089 | €3,776,959 | +€2.4m | +178% |
| Plant, machinery and equipment | 23 | €1,274,601 | €3,714,982 | +€2.4m | +191% |
| Furniture and vehicles | 24 | €82,488 | €61,976 | -€20,512 | -24.9% |
| Financial fixed assets | 28 | €1,115,000 | €1,115,000 | = | 0.0% |
| Affiliated companies | 280/1 | €1,115,000 | €1,115,000 | = | 0.0% |
| Participating interests | 280 | €1,115,000 | €1,115,000 | = | 0.0% |
| Current assets | 29/58 | €30,771,096 | €34,097,637 | +€3.3m | +10.8% |
| Amounts receivable after more than one year | 29 | €1,650,000 | €0 | -€1.7m | -100% |
| Other amounts receivable | 291 | €1,650,000 | €0 | -€1.7m | -100% |
| Stocks and contracts in progress | 3 | €7,397,778 | €8,990,459 | +€1.6m | +21.5% |
| Stocks | 30/36 | €7,397,778 | €8,990,459 | +€1.6m | +21.5% |
| Raw materials and consumables | 30/31 | €4,145,340 | €6,072,553 | +€1.9m | +46.5% |
| Finished goods | 33 | €3,252,438 | €2,917,906 | -€334,532 | -10.3% |
| Amounts receivable within one year | 40/41 | €20,524,187 | €13,128,964 | -€7.4m | -36.0% |
| Trade receivables | 40 | €20,097,786 | €9,672,772 | -€10.4m | -51.9% |
| Other amounts receivable | 41 | €426,401 | €3,456,192 | +€3.0m | +711% |
| Current investments | 50/53 | €750,000 | €11,200,000 | +€10.5m | +1,393% |
| Other investments | 51/53 | €750,000 | €11,200,000 | +€10.5m | +1,393% |
| Cash at bank and in hand | 54/58 | €329,231 | €613,410 | +€284,178 | +86.3% |
| Deferred charges and accrued income | 490/1 | €119,900 | €164,804 | +€44,905 | +37.5% |
| Total equity and liabilities | 10/49 | €33,243,185 | €38,989,595 | +€5.7m | +17.3% |
| Equity | 10/15 | €15,137,139 | €16,731,722 | +€1.6m | +10.5% |
| Contributions | 10/11 | €111,552 | €111,552 | = | 0.0% |
| Capital | 10 | €111,552 | €111,552 | = | 0.0% |
| Issued capital | 100 | €111,552 | €111,552 | = | 0.0% |
| Reserves | 13 | €15,025,587 | €16,620,169 | +€1.6m | +10.6% |
| Non-distributable reserves | 130/1 | €11,344 | €11,344 | = | 0.0% |
| Legal reserve | 130 | €11,155 | €11,155 | = | 0.0% |
| Reserves not available under the articles | 1311 | €189 | €189 | = | 0.0% |
| Tax-exempt reserves | 132 | €5,415,633 | €5,075,759 | -€339,874 | -6.3% |
| Distributable reserves | 133 | €9,598,610 | €11,533,066 | +€1.9m | +20.2% |
| Provisions and deferred taxes | 16 | €1,003,995 | €966,916 | -€37,080 | -3.7% |
| Provisions for liabilities and charges | 160/5 | €521,357 | €554,602 | +€33,245 | +6.4% |
| Taxes | 161 | €254,925 | €0 | -€254,925 | -100% |
| Other liabilities and charges | 164/5 | €266,432 | €554,602 | +€288,170 | +108% |
| Deferred taxes | 168 | €482,638 | €412,314 | -€70,325 | -14.6% |
| Amounts payable | 17/49 | €17,102,050 | €21,290,958 | +€4.2m | +24.5% |
| Amounts payable after more than one year | 17 | €0 | €2,950,000 | +€3.0m | |
| Financial debts | 170/4 | €0 | €2,950,000 | +€3.0m | |
| Credit institutions | 173 | €0 | €2,950,000 | +€3.0m | |
| Amounts payable within one year | 42/48 | €11,879,821 | €15,010,825 | +€3.1m | +26.4% |
| Current portion of amounts payable after more than one year | 42 | €9,202 | €595,000 | +€585,798 | +6,366% |
| Financial debts | 43 | - | €546,029 | +€546,029 | |
| Credit institutions | 430/8 | - | €546,029 | +€546,029 | |
| Trade debts | 44 | €9,620,670 | €13,500,363 | +€3.9m | +40.3% |
| Suppliers | 440/4 | €9,620,670 | €13,500,363 | +€3.9m | +40.3% |
| Advances received on contracts in progress | 46 | €78,930 | €0 | -€78,930 | -100% |
| Taxes, remuneration and social security | 45 | €334,019 | €131,904 | -€202,115 | -60.5% |
| Taxes | 450/3 | €221,870 | €8,655 | -€213,215 | -96.1% |
| Remuneration and social security | 454/9 | €112,149 | €123,249 | +€11,100 | +9.9% |
| Other amounts payable | 47/48 | €1,837,000 | €237,530 | -€1.6m | -87.1% |
| Accrued charges and deferred income | 492/3 | €5,222,229 | €3,330,133 | -€1.9m | -36.2% |
| Operating income | 70/76A | €54,536,678 | €49,472,130 | -€5.1m | -9.3% |
| Turnover | 70 | €51,016,545 | €49,106,516 | -€1.9m | -3.7% |
| Change in stocks of work in progress, finished goods and contracts in progress | 71 | €1,658,669 | -€334,532 | -€2.0m | |
| Other operating income | 74 | €852,630 | €695,146 | -€157,484 | -18.5% |
| Non-recurring operating income | 76A | €1,008,834 | €5,000 | -€1.0m | -99.5% |
| Operating charges | 60/66A | €44,870,861 | €41,619,531 | -€3.3m | -7.2% |
| Goods for resale, raw materials and consumables | 60 | €37,480,354 | €32,886,340 | -€4.6m | -12.3% |
| Purchases | 600/8 | €39,535,915 | €34,813,553 | -€4.7m | -11.9% |
| Change in stocks: decrease (increase) | 609 | -€2,055,562 | -€1,927,213 | +€128,349 | +6.2% |
| Services and other goods | 61 | €6,800,266 | €7,480,528 | +€680,262 | +10.0% |
| Remuneration, social security and pensions | 62 | €538,569 | €603,940 | +€65,372 | +12.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €328,544 | €576,472 | +€247,928 | +75.5% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | -€313,568 | €33,245 | +€346,812 | |
| Other operating charges | 640/8 | €36,697 | €39,006 | +€2,309 | +6.3% |
| Operating profit (loss) | 9901 | €9,665,816 | €7,852,599 | -€1.8m | -18.8% |
| Financial income | 75/76B | €154,243 | €418,730 | +€264,487 | +171% |
| Recurring financial income | 75 | €154,243 | €418,730 | +€264,487 | +171% |
| Income from financial fixed assets | 750 | €661 | €151,490 | +€150,829 | +22,807% |
| Income from current assets | 751 | €67,648 | €173,272 | +€105,623 | +156% |
| Other financial income | 752/9 | €85,933 | €93,968 | +€8,035 | +9.4% |
| Financial charges | 65/66B | €134,170 | €172,690 | +€38,521 | +28.7% |
| Recurring financial charges | 65 | €134,170 | €172,690 | +€38,521 | +28.7% |
| Debt charges | 650 | €1,983 | €84,067 | +€82,084 | +4,139% |
| Other financial charges | 652/9 | €132,187 | €88,624 | -€43,563 | -33.0% |
| Profit (loss) for the period before taxes | 9903 | €9,685,889 | €8,098,639 | -€1.6m | -16.4% |
| Transfer from deferred taxes | 780 | €43,813 | €70,325 | +€26,512 | +60.5% |
| Transfer to deferred taxes | 680 | €249,550 | €0 | -€249,550 | -100% |
| Income taxes | 67/77 | €1,774,430 | €2,174,380 | +€399,951 | +22.5% |
| Taxes | 670/3 | €1,774,430 | €2,174,380 | +€399,951 | +22.5% |
| Profit (loss) for the period | 9904 | €7,705,723 | €5,994,583 | -€1.7m | -22.2% |
| Transfer from tax-exempt reserves | 789 | €131,439 | €1,339,874 | +€1.2m | +919% |
| Transfer to tax-exempt reserves | 689 | €1,746,420 | €1,000,000 | -€746,420 | -42.7% |
| Profit (loss) for the period to be appropriated | 9905 | €6,090,741 | €6,334,457 | +€243,715 | +4.0% |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 October 2026 via checked.be.