Castrum: 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.
Castrum
Largest movements
- Stocks and contracts +€20,073
up €20,073 (+33.9%), from €59,165 to €79,238
- Receivables within one year +€17,684
up €17,684 (+60.8%), from €29,098 to €46,782
of which Trade receivables: +€40,150
- Cash +€6,072
up €6,072 (+50.2%), from €12,098 to €18,170
mainly Other debts (+€86,741) and Trade debts (+€71,515)
- Tangible fixed assets -€5,819
down €5,819 (-5.3%), from €110,841 to €105,021
of which Furniture and vehicles: -€3,253
- Profit (loss) carried forward -€106,442
down €106,442 (-153.3%), from -€69,456 to -€175,898
- Other debts +€86,741
up €86,741 (+201.7%), from €43,000 to €129,741
- Trade debts +€71,515
up €71,515 (+1129.9%), from €6,329 to €77,844
- Debts after one year -€10,646
down €10,646 (-6.1%), from €174,135 to €163,489
- Accrued charges and deferred income -€3,812
down €3,812 (-95.0%), from €4,011 to €199
- Gross operating margin -€43,642
down €43,642 (-106.8%), from -€40,868 to -€84,510
- Depreciation -€11,485
down €11,485 (-73.7%), from €15,591 to €4,106
- Financial charges +€3,449
up €3,449 (+33.9%), from €10,175 to €13,624
- Financial income -€1,842
down €1,842 (-98.3%), from €1,873 to €31
- Taxes -€1,098
down €1,098, from €549 to -€549
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 | €211,641 | €249,479 | +€37,838 | +17.9% |
| Fixed assets | 21/28 | €110,841 | €105,021 | -€5,819 | -5.3% |
| Tangible fixed assets | 22/27 | €110,841 | €105,021 | -€5,819 | -5.3% |
| Land and buildings | 22 | €95,000 | €95,000 | = | 0.0% |
| Plant, machinery and equipment | 23 | €1,551 | €1,385 | -€166 | -10.7% |
| Furniture and vehicles | 24 | €4,352 | €1,098 | -€3,253 | -74.8% |
| Leasing and similar rights | 25 | €9,938 | €7,538 | -€2,400 | -24.1% |
| Current assets | 29/58 | €100,800 | €144,457 | +€43,657 | +43.3% |
| Stocks and contracts in progress | 3 | €59,165 | €79,238 | +€20,073 | +33.9% |
| Stocks | 30/36 | €59,165 | €79,238 | +€20,073 | +33.9% |
| Amounts receivable within one year | 40/41 | €29,098 | €46,782 | +€17,684 | +60.8% |
| Trade receivables | 40 | €3,559 | €43,709 | +€40,150 | +1128.3% |
| Other amounts receivable | 41 | €25,540 | €3,074 | -€22,466 | -88.0% |
| Current investments | 50/53 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €12,098 | €18,170 | +€6,072 | +50.2% |
| Deferred charges and accrued income | 490/1 | €439 | €266 | -€173 | -39.3% |
| Total equity and liabilities | 10/49 | €211,641 | €249,479 | +€37,838 | +17.9% |
| Equity | 10/15 | -€26,020 | -€132,462 | -€106,442 | -409.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €24,837 | €24,837 | = | 0.0% |
| Distributable reserves | 133 | €24,837 | €24,837 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€69,456 | -€175,898 | -€106,442 | -153.3% |
| Amounts payable | 17/49 | €237,661 | €381,941 | +€144,280 | +60.7% |
| Amounts payable after more than one year | 17 | €174,135 | €163,489 | -€10,646 | -6.1% |
| Financial debts | 170/4 | €174,135 | €163,489 | -€10,646 | -6.1% |
| Amounts payable within one year | 42/48 | €59,515 | €218,252 | +€158,737 | +266.7% |
| Current portion of amounts payable after more than one year | 42 | €10,186 | €10,646 | +€460 | +4.5% |
| Trade debts | 44 | €6,329 | €77,844 | +€71,515 | +1129.9% |
| Suppliers | 440/4 | €6,329 | €77,844 | +€71,515 | +1129.9% |
| Taxes, remuneration and social security | 45 | €0 | €21 | +€21 | |
| Taxes | 450/3 | €0 | €21 | +€21 | |
| Other amounts payable | 47/48 | €43,000 | €129,741 | +€86,741 | +201.7% |
| Accrued charges and deferred income | 492/3 | €4,011 | €199 | -€3,812 | -95.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,591 | €4,106 | -€11,485 | -73.7% |
| Other operating charges | 640/8 | €4,147 | €4,783 | +€636 | +15.3% |
| Gross operating margin | 9900 | -€40,868 | -€84,510 | -€43,642 | -106.8% |
| Operating profit (loss) | 9901 | -€60,605 | -€93,399 | -€32,793 | -54.1% |
| Financial income | 75/76B | €1,873 | €31 | -€1,842 | -98.3% |
| Recurring financial income | 75 | €1,873 | €31 | -€1,842 | -98.3% |
| Financial charges | 65/66B | €10,175 | €13,624 | +€3,449 | +33.9% |
| Recurring financial charges | 65 | €10,175 | €13,624 | +€3,449 | +33.9% |
| Profit (loss) for the period before taxes | 9903 | -€68,907 | -€106,991 | -€38,084 | -55.3% |
| Income taxes | 67/77 | €549 | -€549 | -€1,098 | |
| Profit (loss) for the period | 9904 | -€69,456 | -€106,442 | -€36,986 | -53.3% |
| Profit (loss) for the period to be appropriated | 9905 | -€69,456 | -€106,442 | -€36,986 | -53.3% |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.