CASTLE DAIRY: 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
CASTLE DAIRY
NACE 47.271, Retail trade
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€56,659
2024 · €45,848+€10,811
Equity
€3.2m
2024 · €3.1m+€56,659
Cash
€639,413
2024 · €240,517+€398,896
Balance sheet total
€8.0m
2024 · €11.5m-€3.5m
Largest movements
Assets
- Receivables within one year -€2.1m
down €2.1m (-42.2%), from €5.1m to €2.9m
of which Other amounts receivable: -€1.2m
- Stocks and contracts -€1.6m
down €1.6m (-27.6%), from €5.7m to €4.1m
- Cash +€398,896
up €398,896 (+166%), from €240,517 to €639,413
mainly Receivables within one year (+€2.1m) and Stocks and contracts (+€1.6m)
- Intangible fixed assets -€210,205
down €210,205 (-69.4%), from €303,026 to €92,821
Equity and liabilities
- Short-term financial debts -€1.5m
down €1.5m (-37.5%), from €4.0m to €2.5m
- Trade debts -€1.1m
down €1.1m (-40.0%), from €2.6m to €1.6m
- Other debts -€850,957
down €850,957 (-67.3%), from €1.3m to €413,679
- Advances received -€174,368
down €174,368 (-64.5%), from €270,409 to €96,041
Income statement
- Goods and materials -€2.0m
down €2.0m (-7.2%), from €27.1m to €25.1m
of which Purchases: -€1.9m
- Turnover -€1.6m
down €1.6m (-5.3%), from €29.5m to €27.9m
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
€45,848
Turnover
-€1.6m
Other operating income
+€206,979
Goods and materials
+€2.0m
Services and other goods
+€121,404
Staff costs
+€52,937
Depreciation
-€4,742
Write-downs
-€6,735
Other operating charges
-€8,966
Other operating items
-€827,808
Financial income
-€22,318
Financial charges
+€101,268
Taxes
-€5,903
Result 2025
€56,659
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
+€1.9m
Investment
€0
Financing
-€1.5m
Cash 2024
€240,517
From operations (derived)
+€1.9m
Net result for the year
+€56,659
Depreciation
+€217,662
Stocks and contracts
+€1.6m
Receivables within one year
+€2.1m
Deferred charges and accrued income
+€10,253
Trade debts
-€1.1m
Tax, wage and social debts
+€61,580
Advances received
-€174,368
Other debts
-€850,957
Accrued charges and deferred income
-€85,534
Financing
-€1.5m
Short-term financial debts
-€1.5m
Cash 2025
€639,413
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €11,525,005 | €7,976,871 | -€3.5m | -30.8% |
| Fixed assets | 21/28 | €311,914 | €94,251 | -€217,662 | -69.8% |
| Intangible fixed assets | 21 | €303,026 | €92,821 | -€210,205 | -69.4% |
| Tangible fixed assets | 22/27 | €8,627 | €1,170 | -€7,457 | -86.4% |
| Furniture and vehicles | 24 | €8,627 | €1,170 | -€7,457 | -86.4% |
| Financial fixed assets | 28 | €260 | €260 | = | 0.0% |
| Other financial fixed assets | 284/8 | €260 | €260 | = | 0.0% |
| Amounts receivable and cash guarantees | 285/8 | €260 | €260 | = | 0.0% |
| Current assets | 29/58 | €11,213,091 | €7,882,620 | -€3.3m | -29.7% |
| Stocks and contracts in progress | 3 | €5,701,995 | €4,130,061 | -€1.6m | -27.6% |
| Stocks | 30/36 | €5,701,995 | €4,130,061 | -€1.6m | -27.6% |
| Raw materials and consumables | 30/31 | €4,049,690 | €3,000,283 | -€1.0m | -25.9% |
| Finished goods | 33 | €1,652,306 | €1,129,778 | -€522,528 | -31.6% |
| Amounts receivable within one year | 40/41 | €5,093,605 | €2,946,426 | -€2.1m | -42.2% |
| Trade receivables | 40 | €3,708,706 | €2,743,870 | -€964,836 | -26.0% |
| Other amounts receivable | 41 | €1,384,899 | €202,556 | -€1.2m | -85.4% |
| Cash at bank and in hand | 54/58 | €240,517 | €639,413 | +€398,896 | +166% |
| Deferred charges and accrued income | 490/1 | €176,974 | €166,721 | -€10,253 | -5.8% |
| Total equity and liabilities | 10/49 | €11,525,005 | €7,976,871 | -€3.5m | -30.8% |
| Equity | 10/15 | €3,146,852 | €3,203,510 | +€56,659 | +1.8% |
| Contributions | 10/11 | €1,100,000 | €1,100,000 | = | 0.0% |
| Capital | 10 | €1,100,000 | €1,100,000 | = | 0.0% |
| Issued capital | 100 | €1,100,000 | €1,100,000 | = | 0.0% |
| Reserves | 13 | €1,177,736 | €1,207,482 | +€29,746 | +2.5% |
| Non-distributable reserves | 130/1 | €89,344 | €90,761 | +€1,416 | +1.6% |
| Legal reserve | 130 | €89,344 | €90,761 | +€1,416 | +1.6% |
| Tax-exempt reserves | 132 | €277,292 | €305,621 | +€28,329 | +10.2% |
| Distributable reserves | 133 | €811,101 | €811,101 | = | 0.0% |
| Profit (loss) carried forward | 14 | €869,115 | €896,028 | +€26,913 | +3.1% |
| Amounts payable | 17/49 | €8,378,153 | €4,773,361 | -€3.6m | -43.0% |
| Amounts payable within one year | 42/48 | €8,254,592 | €4,735,334 | -€3.5m | -42.6% |
| Current portion of amounts payable after more than one year | 42 | €0 | - | = | |
| Financial debts | 43 | €4,000,000 | €2,500,000 | -€1.5m | -37.5% |
| Credit institutions | 430/8 | €4,000,000 | €2,500,000 | -€1.5m | -37.5% |
| Trade debts | 44 | €2,638,454 | €1,582,941 | -€1.1m | -40.0% |
| Suppliers | 440/4 | €2,638,454 | €1,582,941 | -€1.1m | -40.0% |
| Advances received on contracts in progress | 46 | €270,409 | €96,041 | -€174,368 | -64.5% |
| Taxes, remuneration and social security | 45 | €81,093 | €142,673 | +€61,580 | +75.9% |
| Taxes | 450/3 | €27,662 | €97,807 | +€70,144 | +254% |
| Remuneration and social security | 454/9 | €53,430 | €44,866 | -€8,564 | -16.0% |
| Other amounts payable | 47/48 | €1,264,636 | €413,679 | -€850,957 | -67.3% |
| Accrued charges and deferred income | 492/3 | €123,561 | €38,027 | -€85,534 | -69.2% |
| Operating income | 70/76A | €30,013,649 | €27,837,057 | -€2.2m | -7.3% |
| Turnover | 70 | €29,474,525 | €27,918,760 | -€1.6m | -5.3% |
| Change in stocks of work in progress, finished goods and contracts in progress | 71 | €305,280 | -€522,528 | -€827,808 | |
| Other operating income | 74 | €233,844 | €440,824 | +€206,979 | +88.5% |
| Operating charges | 60/66A | €29,696,733 | €27,582,377 | -€2.1m | -7.1% |
| Goods for resale, raw materials and consumables | 60 | €27,073,062 | €25,112,603 | -€2.0m | -7.2% |
| Purchases | 600/8 | €25,970,502 | €24,063,197 | -€1.9m | -7.3% |
| Change in stocks: decrease (increase) | 609 | €1,102,560 | €1,049,407 | -€53,153 | -4.8% |
| Services and other goods | 61 | €2,110,132 | €1,988,729 | -€121,404 | -5.8% |
| Remuneration, social security and pensions | 62 | €294,147 | €241,210 | -€52,937 | -18.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €212,920 | €217,662 | +€4,742 | +2.2% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €0 | €6,735 | +€6,735 | |
| Other operating charges | 640/8 | €6,472 | €15,438 | +€8,966 | +139% |
| Operating profit (loss) | 9901 | €316,916 | €254,680 | -€62,236 | -19.6% |
| Financial income | 75/76B | €36,606 | €14,288 | -€22,318 | -61.0% |
| Recurring financial income | 75 | €36,606 | €14,288 | -€22,318 | -61.0% |
| Income from financial fixed assets | 750 | €0 | - | = | |
| Income from current assets | 751 | €15,372 | €4,605 | -€10,767 | -70.0% |
| Other financial income | 752/9 | €21,234 | €9,683 | -€11,552 | -54.4% |
| Financial charges | 65/66B | €286,529 | €185,261 | -€101,268 | -35.3% |
| Recurring financial charges | 65 | €286,529 | €185,261 | -€101,268 | -35.3% |
| Debt charges | 650 | €257,894 | €147,778 | -€110,116 | -42.7% |
| Other financial charges | 652/9 | €28,635 | €37,483 | +€8,848 | +30.9% |
| Profit (loss) for the period before taxes | 9903 | €66,993 | €83,707 | +€16,714 | +24.9% |
| Income taxes | 67/77 | €21,146 | €27,048 | +€5,903 | +27.9% |
| Taxes | 670/3 | €21,146 | €27,048 | +€5,903 | +27.9% |
| Profit (loss) for the period | 9904 | €45,848 | €56,659 | +€10,811 | +23.6% |
| Transfer from tax-exempt reserves | 789 | €811,101 | €0 | -€811,101 | -100% |
| Transfer to tax-exempt reserves | 689 | €22,923 | €28,329 | +€5,406 | +23.6% |
| Profit (loss) for the period to be appropriated | 9905 | €834,025 | €28,329 | -€805,695 | -96.6% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 23 October 2026 via checked.be.