Castle Advisory: 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.
Castle Advisory
Largest movements
- Cash +€88,535
up €88,535 (+117%), from €75,922 to €164,457
mainly Net result for the year (+€88,798) and Receivables within one year (+€10,872)
- Deferred charges and accrued income +€12,215
up €12,215 (+406%), from €3,011 to €15,226
- Receivables within one year -€10,872
down €10,872 (-28.9%), from €37,573 to €26,701
of which Other amounts receivable: -€37,116
- Tangible fixed assets -€2,222
down €2,222 (-16.1%), from €13,796 to €11,574
of which Furniture and vehicles: -€1,942
- Reserves +€88,798
up €88,798 (+86.0%), from €103,229 to €192,027
- Tax, wage and social debts -€2,890
down €2,890 (-13.5%), from €21,360 to €18,470
of which Taxes: -€2,890
- Gross operating margin +€18,586
up €18,586 (+19.0%), from €97,787 to €116,373
- Taxes +€4,379
up €4,379 (+22.1%), from €19,850 to €24,229
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 | €130,301 | €217,958 | +€87,657 | +67.3% |
| Fixed assets | 21/28 | €13,796 | €11,574 | -€2,222 | -16.1% |
| Tangible fixed assets | 22/27 | €13,796 | €11,574 | -€2,222 | -16.1% |
| Land and buildings | 22 | €2,675 | €2,395 | -€280 | -10.5% |
| Furniture and vehicles | 24 | €11,121 | €9,179 | -€1,942 | -17.5% |
| Current assets | 29/58 | €116,506 | €206,384 | +€89,879 | +77.1% |
| Amounts receivable within one year | 40/41 | €37,573 | €26,701 | -€10,872 | -28.9% |
| Trade receivables | 40 | €0 | €26,245 | +€26,245 | |
| Other amounts receivable | 41 | €37,573 | €456 | -€37,116 | -98.8% |
| Cash at bank and in hand | 54/58 | €75,922 | €164,457 | +€88,535 | +117% |
| Deferred charges and accrued income | 490/1 | €3,011 | €15,226 | +€12,215 | +406% |
| Total equity and liabilities | 10/49 | €130,301 | €217,958 | +€87,657 | +67.3% |
| Equity | 10/15 | €108,229 | €197,027 | +€88,798 | +82.0% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €103,229 | €192,027 | +€88,798 | +86.0% |
| Distributable reserves | 133 | €103,229 | €192,027 | +€88,798 | +86.0% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €22,072 | €20,931 | -€1,141 | -5.2% |
| Amounts payable within one year | 42/48 | €22,072 | €20,459 | -€1,614 | -7.3% |
| Trade debts | 44 | €153 | €1,989 | +€1,836 | +1,203% |
| Suppliers | 440/4 | €153 | €1,989 | +€1,836 | +1,203% |
| Taxes, remuneration and social security | 45 | €21,360 | €18,470 | -€2,890 | -13.5% |
| Taxes | 450/3 | €18,560 | €15,670 | -€2,890 | -15.6% |
| Remuneration and social security | 454/9 | €2,800 | €2,800 | = | 0.0% |
| Other amounts payable | 47/48 | €560 | €0 | -€560 | -100% |
| Accrued charges and deferred income | 492/3 | - | €473 | +€473 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,614 | €2,222 | +€608 | +37.6% |
| Other operating charges | 640/8 | - | €144 | +€144 | |
| Gross operating margin | 9900 | €97,787 | €116,373 | +€18,586 | +19.0% |
| Operating profit (loss) | 9901 | €96,173 | €114,007 | +€17,834 | +18.5% |
| Financial income | 75/76B | €1,060 | €0 | -€1,060 | -100.0% |
| Recurring financial income | 75 | €1,060 | €0 | -€1,060 | -100.0% |
| Financial charges | 65/66B | €515 | €980 | +€466 | +90.4% |
| Recurring financial charges | 65 | €515 | €980 | +€466 | +90.4% |
| Profit (loss) for the period before taxes | 9903 | €96,718 | €113,027 | +€16,309 | +16.9% |
| Income taxes | 67/77 | €19,850 | €24,229 | +€4,379 | +22.1% |
| Profit (loss) for the period | 9904 | €76,869 | €88,798 | +€11,930 | +15.5% |
| Profit (loss) for the period to be appropriated | 9905 | €76,869 | €88,798 | +€11,930 | +15.5% |
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 15 October 2026 via checked.be.