CASTERMANS FREDERIC: what changed
What changed
CASTERMANS FREDERIC
NACE 43.120, Site preparation
filed annual accounts (NBB)
Net result for the year
€40,176
2024 · -€4,331+€44,506
Equity
€86,209
2024 · €56,033+€30,176
Cash
€15,381
2024 · €14,887+€494
Balance sheet total
€1.2m
2024 · €866,680+€308,880
Largest movements
Assets
- Tangible fixed assets +€189,797
up €189,797 (+30.3%), from €626,709 to €816,507
- Receivables within one year +€99,544
up €99,544 (+48.0%), from €207,472 to €307,016
of which Trade receivables: +€111,996
Equity and liabilities
- Debts after one year +€104,886
up €104,886 (+23.6%), from €444,762 to €549,648
- Current portion of long-term debt +€98,535
up €98,535 (+52.2%), from €188,807 to €287,342
- Tax, wage and social debts +€34,925
up €34,925 (+71.8%), from €48,650 to €83,575
of which Taxes: +€25,887
- Trade debts +€32,003
up €32,003 (+24.9%), from €128,428 to €160,431
- Reserves +€25,845
up €25,845 (+45.1%), from €57,364 to €83,209
Income statement
- Gross operating margin +€252,451
up €252,451 (+40.6%), from €622,531 to €874,981
- Staff costs +€171,442
up €171,442 (+45.1%), from €380,511 to €551,953
- Depreciation +€22,711
up €22,711 (+11.3%), from €200,584 to €223,294
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
-€4,331
Gross operating margin
+€252,451
Staff costs
-€171,442
Depreciation
-€22,711
Other operating charges
-€2,908
Other operating items
-€6,251
Financial income
-€381
Financial charges
-€1,667
Taxes
-€2,584
Result 2025
€40,176
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
+€220,165
Investment
-€413,092
Financing
+€193,421
Cash 2024
€14,887
From operations (derived)
+€220,165
Net result for the year
+€40,176
Depreciation
+€223,294
Stocks and contracts
-€9,894
Receivables within one year
-€99,544
Deferred charges and accrued income
-€9,151
Trade debts
+€32,003
Tax, wage and social debts
+€34,925
Other debts
+€1,066
Accrued charges and deferred income
+€7,289
Investment (derived)
-€413,092
Investment in fixed assets (net)
-€413,092
Financing
+€193,421
Debts after one year
+€104,886
Current portion of long-term debt
+€98,535
Contributions, distributions and other
-€10,000
Cash 2025
€15,381
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €866,680 | €1,175,560 | +€308,880 | +35.6% |
| Fixed assets | 21/28 | €626,709 | €816,507 | +€189,797 | +30.3% |
| Tangible fixed assets | 22/27 | €626,709 | €816,507 | +€189,797 | +30.3% |
| Plant, machinery and equipment | 23 | €50,885 | €81,536 | +€30,651 | +60.2% |
| Furniture and vehicles | 24 | €30,037 | €110,321 | +€80,284 | +267% |
| Leasing and similar rights | 25 | €545,787 | €624,650 | +€78,863 | +14.4% |
| Current assets | 29/58 | €239,971 | €359,054 | +€119,083 | +49.6% |
| Stocks and contracts in progress | 3 | €15,060 | €24,954 | +€9,894 | +65.7% |
| Stocks | 30/36 | €14,575 | €24,954 | +€10,379 | +71.2% |
| Contracts in progress | 37 | €485 | - | -€485 | |
| Amounts receivable within one year | 40/41 | €207,472 | €307,016 | +€99,544 | +48.0% |
| Trade receivables | 40 | €190,652 | €302,648 | +€111,996 | +58.7% |
| Other amounts receivable | 41 | €16,820 | €4,368 | -€12,452 | -74.0% |
| Cash at bank and in hand | 54/58 | €14,887 | €15,381 | +€494 | +3.3% |
| Deferred charges and accrued income | 490/1 | €2,552 | €11,703 | +€9,151 | +359% |
| Total equity and liabilities | 10/49 | €866,680 | €1,175,560 | +€308,880 | +35.6% |
| Equity | 10/15 | €56,033 | €86,209 | +€30,176 | +53.9% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €57,364 | €83,209 | +€25,845 | +45.1% |
| Distributable reserves | 133 | €57,364 | €83,209 | +€25,845 | +45.1% |
| Profit (loss) carried forward | 14 | -€4,331 | - | +€4,331 | |
| Amounts payable | 17/49 | €810,647 | €1,089,351 | +€278,705 | +34.4% |
| Amounts payable after more than one year | 17 | €444,762 | €549,648 | +€104,886 | +23.6% |
| Financial debts | 170/4 | €444,762 | €549,648 | +€104,886 | +23.6% |
| Amounts payable within one year | 42/48 | €365,885 | €532,414 | +€166,529 | +45.5% |
| Current portion of amounts payable after more than one year | 42 | €188,807 | €287,342 | +€98,535 | +52.2% |
| Trade debts | 44 | €128,428 | €160,431 | +€32,003 | +24.9% |
| Suppliers | 440/4 | €128,428 | €160,431 | +€32,003 | +24.9% |
| Taxes, remuneration and social security | 45 | €48,650 | €83,575 | +€34,925 | +71.8% |
| Taxes | 450/3 | €19,374 | €45,261 | +€25,887 | +134% |
| Remuneration and social security | 454/9 | €29,276 | €38,314 | +€9,038 | +30.9% |
| Other amounts payable | 47/48 | - | €1,066 | +€1,066 | |
| Accrued charges and deferred income | 492/3 | - | €7,289 | +€7,289 | |
| Non-recurring operating income | 76A | - | €4,218 | +€4,218 | |
| Remuneration, social security and pensions | 62 | €380,511 | €551,953 | +€171,442 | +45.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €200,584 | €223,294 | +€22,711 | +11.3% |
| Other operating charges | 640/8 | €10,070 | €12,978 | +€2,908 | +28.9% |
| Non-recurring operating charges | 66A | - | €6,251 | +€6,251 | |
| Gross operating margin | 9900 | €622,531 | €874,981 | +€252,451 | +40.6% |
| Operating profit (loss) | 9901 | €31,366 | €80,505 | +€49,139 | +157% |
| Financial income | 75/76B | €387 | €5 | -€381 | -98.6% |
| Recurring financial income | 75 | €387 | €5 | -€381 | -98.6% |
| Financial charges | 65/66B | €36,083 | €37,750 | +€1,667 | +4.6% |
| Recurring financial charges | 65 | €36,083 | €37,750 | +€1,667 | +4.6% |
| Profit (loss) for the period before taxes | 9903 | -€4,331 | €42,760 | +€47,091 | |
| Income taxes | 67/77 | - | €2,584 | +€2,584 | |
| Profit (loss) for the period | 9904 | -€4,331 | €40,176 | +€44,506 | |
| Profit (loss) for the period to be appropriated | 9905 | -€4,331 | €40,176 | +€44,506 |
Next steps
Work out how much credit to give this customer and on what payment terms.Credit check Check what to know before you do business with this company.Supplier due diligence Check whether you can accept this company as a client under the anti-money-laundering law.AML client file Compare this company with its sector.Sector benchmark
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 2 November 2026 via checked.be.