CASTILLOGUINAND: 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.
CASTILLOGUINAND
Largest movements
- Receivables within one year +€35,620
up €35,620 (+9.2%), from €387,023 to €422,642
- Tangible fixed assets -€6,304
down €6,304 (-12.7%), from €49,493 to €43,188
of which Other tangible fixed assets: -€5,314
- Reserves +€41,529
up €41,529 (+27.8%), from €149,185 to €190,714
of which Distributable reserves: +€41,529
- Current portion of long-term debt -€13,344
down €13,344 (-66.7%), from €20,000 to €6,656
- Financial charges +€50,841
up €50,841 (+3,141%), from €1,619 to €52,460
- Gross operating margin -€33,195
down €33,195 (-21.1%), from €157,362 to €124,167
- Taxes -€25,014
down €25,014 (-58.5%), from €42,735 to €17,721
- Financial income +€22,098
up €22,098 (+12,276,861%), from €0 to €22,099
- Staff costs +€15,062
up €15,062 (+263%), from €5,727 to €20,790
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 | €462,776 | €491,873 | +€29,097 | +6.3% |
| Fixed assets | 21/28 | €49,568 | €43,263 | -€6,304 | -12.7% |
| Tangible fixed assets | 22/27 | €49,493 | €43,188 | -€6,304 | -12.7% |
| Plant, machinery and equipment | 23 | €0 | - | = | |
| Furniture and vehicles | 24 | €1,467 | €478 | -€990 | -67.5% |
| Other tangible fixed assets | 26 | €48,025 | €42,711 | -€5,314 | -11.1% |
| Financial fixed assets | 28 | €75 | €75 | = | 0.0% |
| Current assets | 29/58 | €413,208 | €448,610 | +€35,401 | +8.6% |
| Amounts receivable within one year | 40/41 | €387,023 | €422,642 | +€35,620 | +9.2% |
| Other amounts receivable | 41 | €387,023 | €422,642 | +€35,620 | +9.2% |
| Cash at bank and in hand | 54/58 | €26,095 | €25,967 | -€128 | -0.5% |
| Deferred charges and accrued income | 490/1 | €91 | €0 | -€91 | -100% |
| Total equity and liabilities | 10/49 | €462,776 | €491,873 | +€29,097 | +6.3% |
| Equity | 10/15 | €309,579 | €351,108 | +€41,529 | +13.4% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €149,185 | €190,714 | +€41,529 | +27.8% |
| 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 | €147,325 | €188,854 | +€41,529 | +28.2% |
| Profit (loss) carried forward | 14 | €147,994 | €147,994 | = | 0.0% |
| Amounts payable | 17/49 | €153,197 | €140,765 | -€12,432 | -8.1% |
| Amounts payable within one year | 42/48 | €153,197 | €140,765 | -€12,432 | -8.1% |
| Current portion of amounts payable after more than one year | 42 | €20,000 | €6,656 | -€13,344 | -66.7% |
| Trade debts | 44 | €2,032 | €4,194 | +€2,162 | +106% |
| Suppliers | 440/4 | €2,032 | €4,194 | +€2,162 | +106% |
| Taxes, remuneration and social security | 45 | €41,165 | €39,914 | -€1,251 | -3.0% |
| Taxes | 450/3 | €26,235 | €22,357 | -€3,878 | -14.8% |
| Remuneration and social security | 454/9 | €14,930 | €17,558 | +€2,627 | +17.6% |
| Other amounts payable | 47/48 | €90,000 | €90,000 | = | 0.0% |
| Remuneration, social security and pensions | 62 | €5,727 | €20,790 | +€15,062 | +263% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,066 | €6,304 | -€761 | -10.8% |
| Other operating charges | 640/8 | €2,029 | €7,462 | +€5,433 | +268% |
| Gross operating margin | 9900 | €157,362 | €124,167 | -€33,195 | -21.1% |
| Operating profit (loss) | 9901 | €142,540 | €89,611 | -€52,929 | -37.1% |
| Financial income | 75/76B | €0 | €22,099 | +€22,098 | +12,276,861% |
| Recurring financial income | 75 | €0 | €22,099 | +€22,098 | +12,276,861% |
| Financial charges | 65/66B | €1,619 | €52,460 | +€50,841 | +3,141% |
| Recurring financial charges | 65 | €1,619 | €52,460 | +€50,841 | +3,141% |
| Profit (loss) for the period before taxes | 9903 | €140,922 | €59,250 | -€81,672 | -58.0% |
| Income taxes | 67/77 | €42,735 | €17,721 | -€25,014 | -58.5% |
| Profit (loss) for the period | 9904 | €98,187 | €41,529 | -€56,658 | -57.7% |
| Profit (loss) for the period to be appropriated | 9905 | €98,187 | €41,529 | -€56,658 | -57.7% |
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 17 October 2026 via checked.be.