CASTLING: 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.
CASTLING
Largest movements
- Current investments +€41,263
up €41,263 (+65.7%), from €62,808 to €104,071
- Cash +€30,995
up €30,995 (+10.2%), from €303,931 to €334,926
mainly Net result for the year (+€82,309) and Depreciation (+€9,490)
- Reserves +€82,309
up €82,309 (+13.8%), from €598,152 to €680,460
- Debts after one year -€8,768
down €8,768 (-7.8%), from €111,919 to €103,152
- Financial income -€30,488
down €30,488 (-73.4%), from €41,532 to €11,044
- Financial charges +€11,686
up €11,686 (+1041.6%), from €1,122 to €12,808
of which Non-recurring financial charges: +€12,320
- Gross operating margin +€11,263
up €11,263 (+9.9%), from €113,193 to €124,455
- Taxes -€6,392
down €6,392 (-17.8%), from €35,901 to €29,509
- Other operating charges -€1,273
down €1,273 (-47.9%), from €2,656 to €1,383
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.
Cash bridge derived
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 | €727,427 | €797,169 | +€69,742 | +9.6% |
| Fixed assets | 21/28 | €336,618 | €333,609 | -€3,010 | -0.9% |
| Tangible fixed assets | 22/27 | €129,791 | €126,781 | -€3,010 | -2.3% |
| Land and buildings | 22 | €123,505 | €117,627 | -€5,878 | -4.8% |
| Plant, machinery and equipment | 23 | €3,141 | €5,801 | +€2,659 | +84.7% |
| Furniture and vehicles | 24 | €3,145 | €3,354 | +€209 | +6.6% |
| Financial fixed assets | 28 | €206,827 | €206,827 | = | 0.0% |
| Current assets | 29/58 | €390,809 | €463,561 | +€72,752 | +18.6% |
| Amounts receivable after more than one year | 29 | €10,000 | €10,000 | = | 0.0% |
| Other amounts receivable | 291 | €10,000 | €10,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €13,849 | €14,564 | +€715 | +5.2% |
| Trade receivables | 40 | €14 | €8,382 | +€8,368 | +59770.5% |
| Other amounts receivable | 41 | €13,835 | €6,182 | -€7,653 | -55.3% |
| Current investments | 50/53 | €62,808 | €104,071 | +€41,263 | +65.7% |
| Cash at bank and in hand | 54/58 | €303,931 | €334,926 | +€30,995 | +10.2% |
| Deferred charges and accrued income | 490/1 | €221 | - | -€221 | |
| Total equity and liabilities | 10/49 | €727,427 | €797,169 | +€69,742 | +9.6% |
| Equity | 10/15 | €598,152 | €680,460 | +€82,309 | +13.8% |
| Reserves | 13 | €598,152 | €680,460 | +€82,309 | +13.8% |
| Distributable reserves | 133 | €598,152 | €680,460 | +€82,309 | +13.8% |
| Amounts payable | 17/49 | €129,275 | €116,709 | -€12,566 | -9.7% |
| Amounts payable after more than one year | 17 | €111,919 | €103,152 | -€8,768 | -7.8% |
| Financial debts | 170/4 | €111,919 | €103,152 | -€8,768 | -7.8% |
| Amounts payable within one year | 42/48 | €17,356 | €13,557 | -€3,799 | -21.9% |
| Current portion of amounts payable after more than one year | 42 | €9,307 | €9,490 | +€183 | +2.0% |
| Trade debts | 44 | €479 | €2,408 | +€1,929 | +403.0% |
| Suppliers | 440/4 | €479 | €2,408 | +€1,929 | +403.0% |
| Taxes, remuneration and social security | 45 | €30 | - | -€30 | |
| Taxes | 450/3 | €30 | - | -€30 | |
| Other amounts payable | 47/48 | €7,540 | €1,659 | -€5,881 | -78.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,803 | €9,490 | -€313 | -3.2% |
| Other operating charges | 640/8 | €2,656 | €1,383 | -€1,273 | -47.9% |
| Gross operating margin | 9900 | €113,193 | €124,455 | +€11,263 | +9.9% |
| Operating profit (loss) | 9901 | €100,734 | €113,582 | +€12,848 | +12.8% |
| Financial income | 75/76B | €41,532 | €11,044 | -€30,488 | -73.4% |
| Recurring financial income | 75 | €41,532 | €11,044 | -€30,488 | -73.4% |
| Financial charges | 65/66B | €1,122 | €12,808 | +€11,686 | +1041.6% |
| Recurring financial charges | 65 | €1,122 | €488 | -€634 | -56.5% |
| Non-recurring financial charges | 66B | - | €12,320 | +€12,320 | |
| Profit (loss) for the period before taxes | 9903 | €141,144 | €111,818 | -€29,326 | -20.8% |
| Income taxes | 67/77 | €35,901 | €29,509 | -€6,392 | -17.8% |
| Profit (loss) for the period | 9904 | €105,243 | €82,309 | -€22,934 | -21.8% |
| Profit (loss) for the period to be appropriated | 9905 | €105,243 | €82,309 | -€22,934 | -21.8% |
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 9 October 2026 via checked.be.