CASTOR GROUP: 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 GROUP
Largest movements
- Receivables within one year +€22,157
up €22,157 (+184%), from €12,036 to €34,193
of which Trade receivables: +€22,109
- Tangible fixed assets +€5,529
up €5,529 (+221%), from €2,496 to €8,025
of which Plant, machinery and equipment: +€5,555
- Cash +€5,060
up €5,060 (+20.2%), from €25,012 to €30,073
mainly Net result for the year (+€21,650) and Tax, wage and social debts (+€9,201)
- Deferred charges and accrued income +€1,494
up €1,494 (+144%), from €1,040 to €2,534
- Reserves +€21,650
up €21,650 (+82.5%), from €26,232 to €47,882
- Tax, wage and social debts +€9,201
up €9,201 (+113%), from €8,146 to €17,347
- Trade debts +€3,225
up €3,225 (+99.3%), from €3,247 to €6,472
- Gross operating margin -€4,649
down €4,649 (-12.2%), from €37,980 to €33,331
- Taxes -€1,048
down €1,048 (-14.0%), from €7,470 to €6,421
- Depreciation +€793
up €793 (+155%), from €510 to €1,303
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 | €40,625 | €74,865 | +€34,240 | +84.3% |
| Fixed assets | 21/28 | €2,536 | €8,065 | +€5,529 | +218% |
| Tangible fixed assets | 22/27 | €2,496 | €8,025 | +€5,529 | +221% |
| Plant, machinery and equipment | 23 | €1,276 | €6,831 | +€5,555 | +435% |
| Furniture and vehicles | 24 | €1,221 | €1,195 | -€26 | -2.1% |
| Financial fixed assets | 28 | €40 | €40 | = | 0.0% |
| Current assets | 29/58 | €38,089 | €66,800 | +€28,711 | +75.4% |
| Amounts receivable within one year | 40/41 | €12,036 | €34,193 | +€22,157 | +184% |
| Trade receivables | 40 | €11,506 | €33,615 | +€22,109 | +192% |
| Other amounts receivable | 41 | €531 | €579 | +€48 | +9.1% |
| Cash at bank and in hand | 54/58 | €25,012 | €30,073 | +€5,060 | +20.2% |
| Deferred charges and accrued income | 490/1 | €1,040 | €2,534 | +€1,494 | +144% |
| Total equity and liabilities | 10/49 | €40,625 | €74,865 | +€34,240 | +84.3% |
| Equity | 10/15 | €29,232 | €50,882 | +€21,650 | +74.1% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €26,232 | €47,882 | +€21,650 | +82.5% |
| Distributable reserves | 133 | €26,232 | €47,882 | +€21,650 | +82.5% |
| Amounts payable | 17/49 | €11,393 | €23,983 | +€12,591 | +111% |
| Amounts payable within one year | 42/48 | €11,393 | €23,983 | +€12,591 | +111% |
| Trade debts | 44 | €3,247 | €6,472 | +€3,225 | +99.3% |
| Suppliers | 440/4 | €3,247 | €6,472 | +€3,225 | +99.3% |
| Taxes, remuneration and social security | 45 | €8,146 | €17,347 | +€9,201 | +113% |
| Taxes | 450/3 | €8,146 | €17,347 | +€9,201 | +113% |
| Other amounts payable | 47/48 | - | €165 | +€165 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €510 | €1,303 | +€793 | +155% |
| Other operating charges | 640/8 | €934 | €850 | -€84 | -9.0% |
| Gross operating margin | 9900 | €37,980 | €33,331 | -€4,649 | -12.2% |
| Operating profit (loss) | 9901 | €36,536 | €31,178 | -€5,359 | -14.7% |
| Financial income | 75/76B | €0 | €14 | +€13 | +8,967% |
| Recurring financial income | 75 | €0 | €14 | +€13 | +8,967% |
| Financial charges | 65/66B | €2,835 | €3,120 | +€285 | +10.1% |
| Recurring financial charges | 65 | €2,835 | €3,120 | +€285 | +10.1% |
| Profit (loss) for the period before taxes | 9903 | €33,702 | €28,071 | -€5,631 | -16.7% |
| Income taxes | 67/77 | €7,470 | €6,421 | -€1,048 | -14.0% |
| Profit (loss) for the period | 9904 | €26,232 | €21,650 | -€4,582 | -17.5% |
| Profit (loss) for the period to be appropriated | 9905 | €26,232 | €21,650 | -€4,582 | -17.5% |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 20 October 2026 via checked.be.