CASTLE ICE: 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 ICE
Largest movements
- Receivables within one year +€3.6m
up €3.6m (+153%), from €2.4m to €6.0m
of which Other amounts receivable: +€3.7m
- Cash +€363,209
up €363,209 (+17,677%), from €2,055 to €365,264
mainly Trade debts (+€1.1m) and Debts after one year (+€957,772)
- Tangible fixed assets -€165,007
down €165,007 (-9.9%), from €1.7m to €1.5m
of which Plant, machinery and equipment: -€155,446
- Trade debts +€1.1m
up €1.1m (+98.3%), from €1.1m to €2.1m
- Debts after one year +€957,772
up €957,772 (+19.2%), from €5.0m to €5.9m
- Other debts +€720,479
up €720,479 (+129%), from €557,388 to €1.3m
- Profit (loss) carried forward +€424,235
up €424,235 (+22.4%), from €1.9m to €2.3m
- Short-term financial debts +€400,000
new in 2025: €400,000
- Gross operating margin +€283,567
up €283,567 (+28.4%), from €998,094 to €1.3m
- Financial charges +€120,215
up €120,215 (+62.1%), from €193,614 to €313,829
- Staff costs +€91,894
up €91,894 (+52.6%), from €174,816 to €266,710
- Financial income +€44,898
up €44,898 (+176%), from €25,482 to €70,380
- Taxes +€42,291
up €42,291 (+43.2%), from €97,828 to €140,119
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 | €9,253,665 | €13,033,428 | +€3.8m | +40.8% |
| Formation expenses | 20 | €551 | €0 | -€551 | -100% |
| Fixed assets | 21/28 | €6,079,027 | €5,912,748 | -€166,279 | -2.7% |
| Intangible fixed assets | 21 | €3,743 | €2,472 | -€1,272 | -34.0% |
| Tangible fixed assets | 22/27 | €1,660,283 | €1,495,276 | -€165,007 | -9.9% |
| Land and buildings | 22 | €302,567 | €295,345 | -€7,221 | -2.4% |
| Plant, machinery and equipment | 23 | €1,350,115 | €1,194,668 | -€155,446 | -11.5% |
| Furniture and vehicles | 24 | €7,602 | €5,263 | -€2,339 | -30.8% |
| Financial fixed assets | 28 | €4,415,000 | €4,415,000 | = | 0.0% |
| Current assets | 29/58 | €3,174,087 | €7,120,681 | +€3.9m | +124% |
| Amounts receivable after more than one year | 29 | €561,000 | €561,000 | = | 0.0% |
| Other amounts receivable | 291 | €561,000 | €561,000 | = | 0.0% |
| Stocks and contracts in progress | 3 | €226,134 | €144,971 | -€81,162 | -35.9% |
| Stocks | 30/36 | €226,134 | €144,971 | -€81,162 | -35.9% |
| Amounts receivable within one year | 40/41 | €2,383,744 | €6,026,722 | +€3.6m | +153% |
| Trade receivables | 40 | €320,519 | €235,951 | -€84,567 | -26.4% |
| Other amounts receivable | 41 | €2,063,225 | €5,790,771 | +€3.7m | +181% |
| Cash at bank and in hand | 54/58 | €2,055 | €365,264 | +€363,209 | +17,677% |
| Deferred charges and accrued income | 490/1 | €1,155 | €22,723 | +€21,569 | +1,868% |
| Total equity and liabilities | 10/49 | €9,253,665 | €13,033,428 | +€3.8m | +40.8% |
| Equity | 10/15 | €1,902,286 | €2,326,522 | +€424,235 | +22.3% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €1,892,286 | €2,316,522 | +€424,235 | +22.4% |
| Amounts payable | 17/49 | €7,351,378 | €10,706,907 | +€3.4m | +45.6% |
| Amounts payable after more than one year | 17 | €4,978,788 | €5,936,560 | +€957,772 | +19.2% |
| Financial debts | 170/4 | €4,978,788 | €5,936,560 | +€957,772 | +19.2% |
| Amounts payable within one year | 42/48 | €2,372,590 | €4,770,346 | +€2.4m | +101% |
| Current portion of amounts payable after more than one year | 42 | €701,897 | €904,655 | +€202,758 | +28.9% |
| Financial debts | 43 | - | €400,000 | +€400,000 | |
| Credit institutions | 430/8 | - | €400,000 | +€400,000 | |
| Trade debts | 44 | €1,078,757 | €2,138,819 | +€1.1m | +98.3% |
| Suppliers | 440/4 | €1,078,757 | €2,138,819 | +€1.1m | +98.3% |
| Taxes, remuneration and social security | 45 | €34,548 | €49,006 | +€14,458 | +41.8% |
| Taxes | 450/3 | €0 | €6,670 | +€6,670 | |
| Remuneration and social security | 454/9 | €34,548 | €42,336 | +€7,788 | +22.5% |
| Other amounts payable | 47/48 | €557,388 | €1,277,866 | +€720,479 | +129% |
| Remuneration, social security and pensions | 62 | €174,816 | €266,710 | +€91,894 | +52.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €185,539 | €205,850 | +€20,311 | +10.9% |
| Other operating charges | 640/8 | €34,776 | €1,297 | -€33,478 | -96.3% |
| Gross operating margin | 9900 | €998,094 | €1,281,661 | +€283,567 | +28.4% |
| Operating profit (loss) | 9901 | €602,964 | €807,804 | +€204,840 | +34.0% |
| Financial income | 75/76B | €25,482 | €70,380 | +€44,898 | +176% |
| Recurring financial income | 75 | €25,482 | €70,380 | +€44,898 | +176% |
| Financial charges | 65/66B | €193,614 | €313,829 | +€120,215 | +62.1% |
| Recurring financial charges | 65 | €193,614 | €313,829 | +€120,215 | +62.1% |
| Profit (loss) for the period before taxes | 9903 | €434,831 | €564,355 | +€129,523 | +29.8% |
| Income taxes | 67/77 | €97,828 | €140,119 | +€42,291 | +43.2% |
| Profit (loss) for the period | 9904 | €337,004 | €424,235 | +€87,232 | +25.9% |
| Profit (loss) for the period to be appropriated | 9905 | €337,004 | €424,235 | +€87,232 | +25.9% |
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.