CASTOR CORVUS: 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 CORVUS
Largest movements
- Stocks and contracts -€15,000
down €15,000 (-100%), from €15,000 to €0
- Cash +€13,133
up €13,133 (+95.5%), from €13,753 to €26,885
mainly Debts after one year (+€19,070) and Stocks and contracts (+€15,000)
- Deferred charges and accrued income +€3,785
up €3,785 (+361%), from €1,049 to €4,834
- Receivables within one year -€3,036
down €3,036 (-13.1%), from €23,156 to €20,120
of which Trade receivables: -€5,309
- Tangible fixed assets +€2,027
up €2,027 (+183%), from €1,108 to €3,135
of which Other tangible fixed assets: +€1,800
- Other debts -€19,115
down €19,115 (-74.7%), from €25,595 to €6,479
- Debts after one year +€19,070
new in 2025: €19,070
- Accrued charges and deferred income +€2,460
up €2,460 (+152%), from €1,615 to €4,075
- Trade debts -€2,109
down €2,109 (-46.0%), from €4,584 to €2,474
- Gross operating margin +€20,302
up €20,302, from -€15,973 to €4,329
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 | €55,986 | €56,895 | +€909 | +1.6% |
| Fixed assets | 21/28 | €3,028 | €5,055 | +€2,027 | +66.9% |
| Tangible fixed assets | 22/27 | €1,108 | €3,135 | +€2,027 | +183% |
| Plant, machinery and equipment | 23 | €1,108 | €1,335 | +€227 | +20.5% |
| Other tangible fixed assets | 26 | - | €1,800 | +€1,800 | |
| Financial fixed assets | 28 | €1,920 | €1,920 | = | 0.0% |
| Current assets | 29/58 | €52,958 | €51,840 | -€1,118 | -2.1% |
| Stocks and contracts in progress | 3 | €15,000 | €0 | -€15,000 | -100% |
| Contracts in progress | 37 | €15,000 | €0 | -€15,000 | -100% |
| Amounts receivable within one year | 40/41 | €23,156 | €20,120 | -€3,036 | -13.1% |
| Trade receivables | 40 | €23,135 | €17,826 | -€5,309 | -22.9% |
| Other amounts receivable | 41 | €22 | €2,295 | +€2,273 | +10,504% |
| Cash at bank and in hand | 54/58 | €13,753 | €26,885 | +€13,133 | +95.5% |
| Deferred charges and accrued income | 490/1 | €1,049 | €4,834 | +€3,785 | +361% |
| Total equity and liabilities | 10/49 | €55,986 | €56,895 | +€909 | +1.6% |
| Equity | 10/15 | €23,290 | €23,838 | +€548 | +2.4% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €470 | €470 | = | 0.0% |
| Distributable reserves | 133 | €470 | €470 | = | 0.0% |
| Profit (loss) carried forward | 14 | €4,220 | €4,768 | +€548 | +13.0% |
| Amounts payable | 17/49 | €32,696 | €33,057 | +€360 | +1.1% |
| Amounts payable after more than one year | 17 | - | €19,070 | +€19,070 | |
| Financial debts | 170/4 | - | €19,070 | +€19,070 | |
| Amounts payable within one year | 42/48 | €31,081 | €9,911 | -€21,170 | -68.1% |
| Trade debts | 44 | €4,584 | €2,474 | -€2,109 | -46.0% |
| Suppliers | 440/4 | €4,584 | €2,474 | -€2,109 | -46.0% |
| Taxes, remuneration and social security | 45 | €902 | €957 | +€55 | +6.1% |
| Taxes | 450/3 | €655 | €957 | +€302 | +46.1% |
| Remuneration and social security | 454/9 | €247 | €0 | -€247 | -100% |
| Other amounts payable | 47/48 | €25,595 | €6,479 | -€19,115 | -74.7% |
| Accrued charges and deferred income | 492/3 | €1,615 | €4,075 | +€2,460 | +152% |
| Non-recurring operating income | 76A | - | €1,570 | +€1,570 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €943 | €995 | +€52 | +5.6% |
| Other operating charges | 640/8 | €1,193 | €1,061 | -€132 | -11.1% |
| Gross operating margin | 9900 | -€15,973 | €4,329 | +€20,302 | |
| Operating profit (loss) | 9901 | -€18,109 | €2,272 | +€20,381 | |
| Financial income | 75/76B | €0 | - | = | |
| Recurring financial income | 75 | €0 | - | = | |
| Financial charges | 65/66B | €1,412 | €1,500 | +€87 | +6.2% |
| Recurring financial charges | 65 | €1,412 | €1,500 | +€87 | +6.2% |
| Profit (loss) for the period before taxes | 9903 | -€19,521 | €772 | +€20,294 | |
| Income taxes | 67/77 | €250 | €224 | -€26 | -10.4% |
| Profit (loss) for the period | 9904 | -€19,771 | €548 | +€20,320 | |
| Profit (loss) for the period to be appropriated | 9905 | -€19,771 | €548 | +€20,320 |
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 18 October 2026 via checked.be.