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
- Tangible fixed assets -€60,103
down €60,103 (-7.7%), from €778,018 to €717,915
- Stocks and contracts +€53,516
up €53,516 (+722%), from €7,416 to €60,931
of which Contracts in progress: +€46,326
- Receivables within one year -€44,899
down €44,899 (-41.0%), from €109,636 to €64,738
of which Trade receivables: -€42,825
- Cash -€37,541
down €37,541 (-57.1%), from €65,783 to €28,242
mainly Trade debts (-€78,397) and Debts after one year (-€71,622)
- Trade debts -€78,397
down €78,397 (-52.8%), from €148,609 to €70,212
- Debts after one year -€71,622
down €71,622 (-16.7%), from €428,792 to €357,170
- Profit (loss) carried forward +€35,774
up €35,774 (+14.1%), from €252,968 to €288,742
- Current portion of long-term debt +€13,632
up €13,632 (+25.4%), from €53,582 to €67,213
- Staff costs +€20,023
up €20,023 (+67.1%), from €29,849 to €49,872
- Gross operating margin +€8,059
up €8,059 (+4.3%), from €187,902 to €195,962
- Financial income -€5,701
down €5,701 (-61.6%), from €9,261 to €3,560
- Financial charges +€5,152
up €5,152 (+20.1%), from €25,621 to €30,773
of which Financial charges: +€6,638
- Taxes -€4,960
down €4,960 (-28.8%), from €17,193 to €12,233
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 | €1,017,920 | €920,017 | -€97,903 | -9.6% |
| Fixed assets | 21/28 | €782,835 | €722,732 | -€60,103 | -7.7% |
| Tangible fixed assets | 22/27 | €778,018 | €717,915 | -€60,103 | -7.7% |
| Land and buildings | 22 | €653,480 | €623,946 | -€29,534 | -4.5% |
| Plant, machinery and equipment | 23 | €37,726 | €31,766 | -€5,960 | -15.8% |
| Furniture and vehicles | 24 | €86,812 | €62,203 | -€24,609 | -28.3% |
| Financial fixed assets | 28 | €4,817 | €4,817 | = | 0.0% |
| Current assets | 29/58 | €235,085 | €197,285 | -€37,800 | -16.1% |
| Stocks and contracts in progress | 3 | €7,416 | €60,931 | +€53,516 | +722% |
| Stocks | 30/36 | €7,416 | €14,605 | +€7,189 | +96.9% |
| Contracts in progress | 37 | - | €46,326 | +€46,326 | |
| Amounts receivable within one year | 40/41 | €109,636 | €64,738 | -€44,899 | -41.0% |
| Trade receivables | 40 | €97,488 | €54,663 | -€42,825 | -43.9% |
| Other amounts receivable | 41 | €12,148 | €10,075 | -€2,073 | -17.1% |
| Current investments | 50/53 | €52,250 | €43,374 | -€8,876 | -17.0% |
| Cash at bank and in hand | 54/58 | €65,783 | €28,242 | -€37,541 | -57.1% |
| Total equity and liabilities | 10/49 | €1,017,920 | €920,017 | -€97,903 | -9.6% |
| Equity | 10/15 | €369,726 | €405,501 | +€35,774 | +9.7% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Revaluation surpluses | 12 | €16,353 | €16,353 | = | 0.0% |
| Reserves | 13 | €81,855 | €81,855 | = | 0.0% |
| Distributable reserves | 133 | €81,855 | €81,855 | = | 0.0% |
| Profit (loss) carried forward | 14 | €252,968 | €288,742 | +€35,774 | +14.1% |
| Amounts payable | 17/49 | €648,194 | €514,516 | -€133,678 | -20.6% |
| Amounts payable after more than one year | 17 | €428,792 | €357,170 | -€71,622 | -16.7% |
| Financial debts | 170/4 | €428,792 | €357,170 | -€71,622 | -16.7% |
| Amounts payable within one year | 42/48 | €219,402 | €157,347 | -€62,055 | -28.3% |
| Current portion of amounts payable after more than one year | 42 | €53,582 | €67,213 | +€13,632 | +25.4% |
| Trade debts | 44 | €148,609 | €70,212 | -€78,397 | -52.8% |
| Suppliers | 440/4 | €148,609 | €70,212 | -€78,397 | -52.8% |
| Taxes, remuneration and social security | 45 | €16,012 | €19,223 | +€3,211 | +20.1% |
| Taxes | 450/3 | €16,012 | €12,564 | -€3,448 | -21.5% |
| Remuneration and social security | 454/9 | - | €6,659 | +€6,659 | |
| Other amounts payable | 47/48 | €1,200 | €699 | -€501 | -41.8% |
| Non-recurring operating income | 76A | €5,550 | - | -€5,550 | |
| Remuneration, social security and pensions | 62 | €29,849 | €49,872 | +€20,023 | +67.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €62,447 | €63,232 | +€785 | +1.3% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €2,854 | - | -€2,854 | |
| Other operating charges | 640/8 | €5,139 | €7,637 | +€2,498 | +48.6% |
| Gross operating margin | 9900 | €187,902 | €195,962 | +€8,059 | +4.3% |
| Operating profit (loss) | 9901 | €87,614 | €75,221 | -€12,394 | -14.1% |
| Financial income | 75/76B | €9,261 | €3,560 | -€5,701 | -61.6% |
| Recurring financial income | 75 | €9,261 | €3,560 | -€5,701 | -61.6% |
| Financial charges | 65/66B | €25,621 | €30,773 | +€5,152 | +20.1% |
| Recurring financial charges | 65 | €24,060 | €30,698 | +€6,638 | +27.6% |
| Non-recurring financial charges | 66B | €1,562 | €75 | -€1,487 | -95.2% |
| Profit (loss) for the period before taxes | 9903 | €71,254 | €48,008 | -€23,246 | -32.6% |
| Income taxes | 67/77 | €17,193 | €12,233 | -€4,960 | -28.8% |
| Profit (loss) for the period | 9904 | €54,061 | €35,774 | -€18,286 | -33.8% |
| Profit (loss) for the period to be appropriated | 9905 | €54,061 | €35,774 | -€18,286 | -33.8% |
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 14 October 2026 via checked.be.