Chateau Gustav: 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.
What changed
Chateau Gustav
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
-€17,146
2024 · -€21,917+€4,771
Equity
€1.2m
2024 · €1.2m-€17,146
Cash
€161,858
2024 · €1.2m-€999,086
Balance sheet total
€1.2m
2024 · €2.2m-€1.0m
Largest movements
Assets
- Cash -€999,086
down €999,086 (-86.1%), from €1.2m to €161,858
mainly Other debts (-€1.0m) and Net result for the year (-€17,146)
Equity and liabilities
- Other debts -€1.0m
no longer reported in 2025 (was €1.0m)
Income statement
- Services and other goods -€42,300
down €42,300 (-80.1%), from €52,822 to €10,522
- Financial income -€37,457
down €37,457 (-71.6%), from €52,283 to €14,826
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.
Result 2024
-€21,917
Other operating charges
-€2,410
Other operating items
+€42,300
Financial income
-€37,457
Financial charges
+€2,332
Taxes
+€6
Result 2025
-€17,146
raises the resultlowers the resultnot broken down further in the accounts
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.
From operations
-€999,086
Investment
€0
Financing
€0
Cash 2024
€1.2m
From operations (derived)
-€999,086
Net result for the year
-€17,146
Depreciation
+€11,899
Receivables within one year
+€5,000
Smaller working-capital items
-€3,264
Trade debts
+€4,424
Other debts
-€1.0m
Cash 2025
€161,858
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €2,245,912 | €1,230,730 | -€1.0m | -45.2% |
| Fixed assets | 21/28 | €73,184 | €61,285 | -€11,899 | -16.3% |
| Tangible fixed assets | 22/27 | €73,184 | €61,285 | -€11,899 | -16.3% |
| Land and buildings | 22 | €73,184 | €61,285 | -€11,899 | -16.3% |
| Current assets | 29/58 | €2,172,728 | €1,169,444 | -€1.0m | -46.2% |
| Amounts receivable within one year | 40/41 | €1,005,000 | €1,000,000 | -€5,000 | -0.5% |
| Other amounts receivable | 41 | €1,005,000 | €1,000,000 | -€5,000 | -0.5% |
| Cash at bank and in hand | 54/58 | €1,160,945 | €161,858 | -€999,086 | -86.1% |
| Deferred charges and accrued income | 490/1 | €6,783 | €7,586 | +€803 | +11.8% |
| Total equity and liabilities | 10/49 | €2,245,912 | €1,230,730 | -€1.0m | -45.2% |
| Equity | 10/15 | €1,195,395 | €1,178,249 | -€17,146 | -1.4% |
| Contributions | 10/11 | €19,931 | €19,931 | = | 0.0% |
| Reserves | 13 | €910,343 | €910,343 | = | 0.0% |
| Non-distributable reserves | 130/1 | €24,718 | €24,718 | = | 0.0% |
| Reserves not available under the articles | 1311 | €24,718 | €24,718 | = | 0.0% |
| Tax-exempt reserves | 132 | €130,824 | €130,824 | = | 0.0% |
| Distributable reserves | 133 | €754,801 | €754,801 | = | 0.0% |
| Profit (loss) carried forward | 14 | €265,121 | €247,975 | -€17,146 | -6.5% |
| Provisions and deferred taxes | 16 | €43,608 | €43,608 | = | 0.0% |
| Deferred taxes | 168 | €43,608 | €43,608 | = | 0.0% |
| Amounts payable | 17/49 | €1,006,909 | €8,873 | -€998,036 | -99.1% |
| Amounts payable within one year | 42/48 | €1,000,126 | €4,550 | -€995,576 | -99.5% |
| Trade debts | 44 | €126 | €4,550 | +€4,424 | +3,512% |
| Suppliers | 440/4 | €126 | €4,550 | +€4,424 | +3,512% |
| Other amounts payable | 47/48 | €1,000,000 | - | -€1.0m | |
| Accrued charges and deferred income | 492/3 | €6,783 | €4,323 | -€2,461 | -36.3% |
| Operating charges | 60/66A | €66,927 | €27,038 | -€39,890 | -59.6% |
| Services and other goods | 61 | €52,822 | €10,522 | -€42,300 | -80.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,899 | €11,899 | = | 0.0% |
| Other operating charges | 640/8 | €2,207 | €4,617 | +€2,410 | +109% |
| Operating profit (loss) | 9901 | -€66,927 | -€27,038 | +€39,890 | +59.6% |
| Financial income | 75/76B | €52,283 | €14,826 | -€37,457 | -71.6% |
| Recurring financial income | 75 | €52,283 | €14,826 | -€37,457 | -71.6% |
| Income from current assets | 751 | - | €14,826 | +€14,826 | |
| Other financial income | 752/9 | €52,283 | - | -€52,283 | |
| Financial charges | 65/66B | €7,267 | €4,934 | -€2,332 | -32.1% |
| Recurring financial charges | 65 | €7,267 | €4,934 | -€2,332 | -32.1% |
| Other financial charges | 652/9 | €7,267 | €4,934 | -€2,332 | -32.1% |
| Profit (loss) for the period before taxes | 9903 | -€21,911 | -€17,146 | +€4,765 | +21.7% |
| Income taxes | 67/77 | €6 | - | -€6 | |
| Taxes | 670/3 | €6 | - | -€6 | |
| Profit (loss) for the period | 9904 | -€21,917 | -€17,146 | +€4,771 | +21.8% |
| Profit (loss) for the period to be appropriated | 9905 | -€21,917 | -€17,146 | +€4,771 | +21.8% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 October 2026 via checked.be.