CASTOR: 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.
CASTOR
Largest movements
- Cash -€21,812
down €21,812 (-89.4%), from €24,389 to €2,577
mainly Other debts (-€18,538) and Debts after one year (-€12,136)
- Receivables within one year -€14,310
down €14,310 (-16.1%), from €88,662 to €74,352
of which Trade receivables: -€13,810
- Tangible fixed assets -€6,029
down €6,029 (-3.8%), from €158,775 to €152,745
- Other debts -€18,538
down €18,538 (-34.2%), from €54,178 to €35,640
- Debts after one year -€12,136
down €12,136 (-13.4%), from €90,397 to €78,260
- Tax, wage and social debts -€7,287
down €7,287 (-44.6%), from €16,334 to €9,047
of which Taxes: -€9,850
- Profit (loss) carried forward -€5,982
down €5,982 (-27.8%), from €21,505 to €15,523
- Current portion of long-term debt -€4,666
down €4,666 (-27.5%), from €16,973 to €12,307
- Gross operating margin -€21,228
down €21,228 (-45.6%), from €46,511 to €25,283
- Staff costs -€4,113
down €4,113 (-21.2%), from €19,399 to €15,287
- Taxes -€3,100
down €3,100 (-75.5%), from €4,107 to €1,007
- Financial charges +€1,561
up €1,561 (+30.9%), from €5,054 to €6,615
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 | €272,230 | €229,973 | -€42,257 | -15.5% |
| Fixed assets | 21/28 | €159,035 | €153,005 | -€6,029 | -3.8% |
| Tangible fixed assets | 22/27 | €158,775 | €152,745 | -€6,029 | -3.8% |
| Land and buildings | 22 | €158,775 | €152,745 | -€6,029 | -3.8% |
| Financial fixed assets | 28 | €260 | €260 | = | 0.0% |
| Current assets | 29/58 | €113,195 | €76,967 | -€36,228 | -32.0% |
| Amounts receivable within one year | 40/41 | €88,662 | €74,352 | -€14,310 | -16.1% |
| Trade receivables | 40 | €53,130 | €39,319 | -€13,810 | -26.0% |
| Other amounts receivable | 41 | €35,532 | €35,032 | -€500 | -1.4% |
| Cash at bank and in hand | 54/58 | €24,389 | €2,577 | -€21,812 | -89.4% |
| Deferred charges and accrued income | 490/1 | €144 | €39 | -€105 | -72.9% |
| Total equity and liabilities | 10/49 | €272,230 | €229,973 | -€42,257 | -15.5% |
| Equity | 10/15 | €90,250 | €84,269 | -€5,982 | -6.6% |
| Contributions | 10/11 | €68,200 | €68,200 | = | 0.0% |
| Reserves | 13 | €545 | €545 | = | 0.0% |
| Non-distributable reserves | 130/1 | €545 | €545 | = | 0.0% |
| Reserves not available under the articles | 1311 | €545 | €545 | = | 0.0% |
| Profit (loss) carried forward | 14 | €21,505 | €15,523 | -€5,982 | -27.8% |
| Amounts payable | 17/49 | €181,979 | €145,704 | -€36,275 | -19.9% |
| Amounts payable after more than one year | 17 | €90,397 | €78,260 | -€12,136 | -13.4% |
| Trade debts | 175 | €90,397 | €78,260 | -€12,136 | -13.4% |
| Amounts payable within one year | 42/48 | €91,583 | €67,444 | -€24,139 | -26.4% |
| Current portion of amounts payable after more than one year | 42 | €16,973 | €12,307 | -€4,666 | -27.5% |
| Trade debts | 44 | €4,097 | €7,450 | +€3,353 | +81.9% |
| Suppliers | 440/4 | €4,097 | €7,450 | +€3,353 | +81.9% |
| Advances received on contracts in progress | 46 | - | €3,000 | +€3,000 | |
| Taxes, remuneration and social security | 45 | €16,334 | €9,047 | -€7,287 | -44.6% |
| Taxes | 450/3 | €14,672 | €4,822 | -€9,850 | -67.1% |
| Remuneration and social security | 454/9 | €1,663 | €4,225 | +€2,563 | +154% |
| Other amounts payable | 47/48 | €54,178 | €35,640 | -€18,538 | -34.2% |
| Remuneration, social security and pensions | 62 | €19,399 | €15,287 | -€4,113 | -21.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,352 | €6,029 | -€322 | -5.1% |
| Other operating charges | 640/8 | €1,899 | €2,327 | +€429 | +22.6% |
| Gross operating margin | 9900 | €46,511 | €25,283 | -€21,228 | -45.6% |
| Operating profit (loss) | 9901 | €18,862 | €1,640 | -€17,222 | -91.3% |
| Financial charges | 65/66B | €5,054 | €6,615 | +€1,561 | +30.9% |
| Recurring financial charges | 65 | €5,054 | €6,615 | +€1,561 | +30.9% |
| Profit (loss) for the period before taxes | 9903 | €13,808 | -€4,975 | -€18,783 | |
| Income taxes | 67/77 | €4,107 | €1,007 | -€3,100 | -75.5% |
| Profit (loss) for the period | 9904 | €9,702 | -€5,982 | -€15,683 | |
| Profit (loss) for the period to be appropriated | 9905 | €9,702 | -€5,982 | -€15,683 |
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 26 October 2026 via checked.be.