Castor 4: what changed
Two fiscal 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 4
Largest movements
- Tangible fixed assets -€18,821
down €18,821 (-1.3%), from €1.4m to €1.4m
- Deferred charges and accrued income -€16,860
down €16,860 (-100.0%), from €16,860 to €0
- Debts after one year -€38,291
down €38,291 (-5.3%), from €718,789 to €680,498
- Trade debts -€31,411
down €31,411 (-34.4%), from €91,346 to €59,935
- Other debts +€25,358
up €25,358 (+14.3%), from €176,727 to €202,084
- Gross operating margin -€31,300
down €31,300 (-32.5%), from €96,200 to €64,900
- Other operating charges -€15,901
down €15,901 (-76.7%), from €20,738 to €4,838
- Financial charges -€5,916
down €5,916 (-31.0%), from €19,058 to €13,143
- Depreciation +€2,637
up €2,637 (+7.6%), from €34,532 to €37,169
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 | €1,544,497 | €1,506,858 | -€37,639 | -2.4% |
| Fixed assets | 21/28 | €1,445,172 | €1,426,351 | -€18,821 | -1.3% |
| Tangible fixed assets | 22/27 | €1,445,172 | €1,426,351 | -€18,821 | -1.3% |
| Land and buildings | 22 | €1,445,172 | €1,426,351 | -€18,821 | -1.3% |
| Current assets | 29/58 | €99,325 | €80,507 | -€18,818 | -18.9% |
| Amounts receivable within one year | 40/41 | €81,198 | €78,623 | -€2,575 | -3.2% |
| Trade receivables | 40 | €71,000 | €75,941 | +€4,941 | +7.0% |
| Other amounts receivable | 41 | €10,198 | €2,682 | -€7,516 | -73.7% |
| Cash at bank and in hand | 54/58 | €1,267 | €1,884 | +€617 | +48.7% |
| Deferred charges and accrued income | 490/1 | €16,860 | €0 | -€16,860 | -100.0% |
| Total equity and liabilities | 10/49 | €1,544,497 | €1,506,858 | -€37,639 | -2.4% |
| Equity | 10/15 | €517,368 | €524,905 | +€7,537 | +1.5% |
| Contributions | 10/11 | €516,000 | €516,000 | = | 0.0% |
| Reserves | 13 | €1,368 | €8,905 | +€7,537 | +550.8% |
| Distributable reserves | 133 | €1,368 | €8,905 | +€7,537 | +550.8% |
| Profit (loss) carried forward | 14 | €0 | - | = | |
| Amounts payable | 17/49 | €1,027,129 | €981,953 | -€45,175 | -4.4% |
| Amounts payable after more than one year | 17 | €718,789 | €680,498 | -€38,291 | -5.3% |
| Financial debts | 170/4 | €718,789 | €680,498 | -€38,291 | -5.3% |
| Amounts payable within one year | 42/48 | €308,340 | €301,455 | -€6,885 | -2.2% |
| Current portion of amounts payable after more than one year | 42 | €37,777 | €38,291 | +€513 | +1.4% |
| Trade debts | 44 | €91,346 | €59,935 | -€31,411 | -34.4% |
| Suppliers | 440/4 | €91,346 | €59,935 | -€31,411 | -34.4% |
| Taxes, remuneration and social security | 45 | €2,490 | €1,146 | -€1,344 | -54.0% |
| Taxes | 450/3 | €2,490 | €992 | -€1,498 | -60.2% |
| Remuneration and social security | 454/9 | €0 | €154 | +€154 | |
| Other amounts payable | 47/48 | €176,727 | €202,084 | +€25,358 | +14.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €34,532 | €37,169 | +€2,637 | +7.6% |
| Other operating charges | 640/8 | €20,738 | €4,838 | -€15,901 | -76.7% |
| Gross operating margin | 9900 | €96,200 | €64,900 | -€31,300 | -32.5% |
| Operating profit (loss) | 9901 | €40,930 | €22,894 | -€18,036 | -44.1% |
| Financial income | 75/76B | €932 | €1,104 | +€172 | +18.4% |
| Recurring financial income | 75 | €932 | €1,104 | +€172 | +18.4% |
| Financial charges | 65/66B | €19,058 | €13,143 | -€5,916 | -31.0% |
| Recurring financial charges | 65 | €19,058 | €13,143 | -€5,916 | -31.0% |
| Profit (loss) for the period before taxes | 9903 | €22,803 | €10,855 | -€11,949 | -52.4% |
| Income taxes | 67/77 | €2,861 | €3,318 | +€456 | +16.0% |
| Profit (loss) for the period | 9904 | €19,942 | €7,537 | -€12,405 | -62.2% |
| Profit (loss) for the period to be appropriated | 9905 | €19,942 | €7,537 | -€12,405 | -62.2% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.