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Castro: 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.

What changed

Castro

BE 0705.880.381
fiscal year 2020 against 2021filed annual accounts (NBB)
Net result for the year
-€12,360
2020 · -€12,167-€193
Equity
-€22,935
2020 · -€10,575-€12,360
Cash
€602
2020 · €329+€273
Balance sheet total
€23,016
2020 · €20,698+€2,317

Largest movements

2020 to 2021
Assets
  • Current assets +€5,162

    up €5,162 (+162.8%), from €3,171 to €8,333

    of which Deferred charges and accrued income: +€3,677

  • Tangible fixed assets -€2,844

    down €2,844 (-36.6%), from €7,777 to €4,933

Equity and liabilities
  • Debts within one year +€14,677

    up €14,677 (+46.9%), from €31,273 to €45,950

    of which Other debts: +€41,522

  • Equity -€12,360

    down €12,360 (-116.9%), from -€10,575 to -€22,935

    of which Profit (loss) carried forward: -€12,360

Income statement
  • Financial charges +€2,109

    new in 2021: €2,109

  • Other operating charges +€596

    new in 2021: €596

  • Gross operating margin -€250

    down €250 (-3.7%), from -€6,676 to -€6,926

  • Financial income +€115

    new in 2021: €115

From the 2020 result to the 2021 result

effect on the 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.

Result 2020 -€12,167
Gross operating margin -€250
Other operating charges -€596
Other operating items +€1,047
Financial income +€115
Financial charges -€2,109
Other financial items +€1,599
Result 2021 -€12,360

Cash bridge derived

cash 2020 to 2021

Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.

Every line side by side 35 lines
Line Code 2020 2021 Change %
Total assets 20/58 €20,698 €23,016 +€2,317 +11.2%
Fixed assets 21/28 €17,527 €14,683 -€2,844 -16.2%
Tangible fixed assets 22/27 €7,777 €4,933 -€2,844 -36.6%
Plant, machinery and equipment 23 - €921 +€921
Other tangible fixed assets 26 - €4,012 +€4,012
Financial fixed assets 28 €9,750 €9,750 = 0.0%
Current assets 29/58 €3,171 €8,333 +€5,162 +162.8%
Stocks and contracts in progress 3 €2,000 €4,000 +€2,000 +100.0%
Stocks 30/36 - €4,000 +€4,000
Amounts receivable within one year 40/41 €211 €54 -€157 -74.3%
Other amounts receivable 41 - €54 +€54
Cash at bank and in hand 54/58 €329 €602 +€273 +82.7%
Deferred charges and accrued income 490/1 - €3,677 +€3,677
Total equity and liabilities 10/49 €20,698 €23,016 +€2,317 +11.2%
Equity 10/15 -€10,575 -€22,935 -€12,360 -116.9%
Contributions 10/11 - €18,600 +€18,600
Profit (loss) carried forward 14 -€29,175 -€41,535 -€12,360 -42.4%
Amounts payable 17/49 €31,273 €45,950 +€14,677 +46.9%
Amounts payable within one year 42/48 €31,273 €45,950 +€14,677 +46.9%
Trade debts 44 €7,486 €3,629 -€3,857 -51.5%
Suppliers 440/4 - €3,629 +€3,629
Taxes, remuneration and social security 45 - €799 +€799
Taxes 450/3 - €799 +€799
Other amounts payable 47/48 - €41,522 +€41,522
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €2,844 €2,844 = 0.0%
Other operating charges 640/8 - €596 +€596
Gross operating margin 9900 -€6,676 -€6,926 -€250 -3.7%
Operating profit (loss) 9901 -€10,568 -€10,366 +€201 +1.9%
Financial income 75/76B - €115 +€115
Recurring financial income 75 €0 €115 +€115 +31927.8%
Financial charges 65/66B - €2,109 +€2,109
Recurring financial charges 65 €1,599 €2,109 +€509 +31.8%
Profit (loss) for the period before taxes 9903 -€12,167 -€12,360 -€193 -1.6%
Profit (loss) for the period 9904 -€12,167 -€12,360 -€193 -1.6%
Profit (loss) for the period to be appropriated 9905 -€12,167 -€12,360 -€193 -1.6%

Source: filed annual accounts (NBB), fiscal years ended 31 December 2020 and 31 December 2021. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.