CASTI: 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.
CASTI
Largest movements
- Tangible fixed assets -€14,720
down €14,720 (-5.8%), from €252,198 to €237,478
of which Land and buildings: -€11,831
- Debts after one year -€23,215
down €23,215 (-29.1%), from €79,738 to €56,523
- Reserves +€21,285
up €21,285 (+11.2%), from €189,536 to €210,821
of which Distributable reserves: +€21,285
- Trade debts -€7,270
down €7,270 (-38.1%), from €19,064 to €11,794
- Tax, wage and social debts -€4,473
down €4,473 (-10.8%), from €41,226 to €36,753
of which Remuneration and social security: -€10,190
- Staff costs -€28,111
down €28,111 (-43.1%), from €65,268 to €37,158
- Gross operating margin -€13,744
down €13,744 (-12.0%), from €114,411 to €100,667
- Taxes +€3,163
up €3,163 (+28.9%), from €10,927 to €14,090
- Depreciation +€2,521
up €2,521 (+16.6%), from €15,197 to €17,718
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 | €360,002 | €346,658 | -€13,343 | -3.7% |
| Fixed assets | 21/28 | €252,602 | €237,882 | -€14,720 | -5.8% |
| Tangible fixed assets | 22/27 | €252,198 | €237,478 | -€14,720 | -5.8% |
| Land and buildings | 22 | €228,495 | €216,665 | -€11,831 | -5.2% |
| Plant, machinery and equipment | 23 | €700 | €3,011 | +€2,311 | +330% |
| Furniture and vehicles | 24 | €23,002 | €17,802 | -€5,200 | -22.6% |
| Financial fixed assets | 28 | €404 | €404 | = | 0.0% |
| Current assets | 29/58 | €107,400 | €108,776 | +€1,376 | +1.3% |
| Amounts receivable within one year | 40/41 | €98,455 | €99,973 | +€1,518 | +1.5% |
| Trade receivables | 40 | €41,313 | €12,621 | -€28,692 | -69.4% |
| Other amounts receivable | 41 | €57,142 | €87,352 | +€30,209 | +52.9% |
| Cash at bank and in hand | 54/58 | €6,518 | €5,092 | -€1,426 | -21.9% |
| Deferred charges and accrued income | 490/1 | €2,426 | €3,711 | +€1,285 | +52.9% |
| Total equity and liabilities | 10/49 | €360,002 | €346,658 | -€13,343 | -3.7% |
| Equity | 10/15 | €196,088 | €217,021 | +€20,933 | +10.7% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €189,536 | €210,821 | +€21,285 | +11.2% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €187,676 | €208,961 | +€21,285 | +11.3% |
| Profit (loss) carried forward | 14 | €352 | €0 | -€352 | -100% |
| Amounts payable | 17/49 | €163,914 | €129,637 | -€34,277 | -20.9% |
| Amounts payable after more than one year | 17 | €79,738 | €56,523 | -€23,215 | -29.1% |
| Financial debts | 170/4 | €79,738 | €56,523 | -€23,215 | -29.1% |
| Amounts payable within one year | 42/48 | €84,175 | €71,762 | -€12,414 | -14.7% |
| Current portion of amounts payable after more than one year | 42 | €23,885 | €23,215 | -€670 | -2.8% |
| Trade debts | 44 | €19,064 | €11,794 | -€7,270 | -38.1% |
| Suppliers | 440/4 | €19,064 | €11,794 | -€7,270 | -38.1% |
| Taxes, remuneration and social security | 45 | €41,226 | €36,753 | -€4,473 | -10.8% |
| Taxes | 450/3 | €20,021 | €25,737 | +€5,717 | +28.6% |
| Remuneration and social security | 454/9 | €21,205 | €11,016 | -€10,190 | -48.1% |
| Accrued charges and deferred income | 492/3 | - | €1,352 | +€1,352 | |
| Remuneration, social security and pensions | 62 | €65,268 | €37,158 | -€28,111 | -43.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,197 | €17,718 | +€2,521 | +16.6% |
| Other operating charges | 640/8 | €5,932 | €6,007 | +€75 | +1.3% |
| Gross operating margin | 9900 | €114,411 | €100,667 | -€13,744 | -12.0% |
| Operating profit (loss) | 9901 | €28,014 | €39,785 | +€11,771 | +42.0% |
| Financial income | 75/76B | €3,431 | €3,495 | +€64 | +1.9% |
| Recurring financial income | 75 | €3,431 | €3,495 | +€64 | +1.9% |
| Financial charges | 65/66B | €8,842 | €8,256 | -€586 | -6.6% |
| Recurring financial charges | 65 | €8,842 | €8,256 | -€586 | -6.6% |
| Profit (loss) for the period before taxes | 9903 | €22,603 | €35,024 | +€12,421 | +55.0% |
| Income taxes | 67/77 | €10,927 | €14,090 | +€3,163 | +28.9% |
| Profit (loss) for the period | 9904 | €11,676 | €20,933 | +€9,257 | +79.3% |
| Profit (loss) for the period to be appropriated | 9905 | €11,676 | €20,933 | +€9,257 | +79.3% |
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 13 October 2026 via checked.be.