Château-Thorin: 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.
Château-Thorin
Largest movements
- Financial fixed assets +€175,000
new in 2025: €175,000
- Receivables within one year -€24,625
down €24,625 (-100%), from €24,625 to €0
of which Trade receivables: -€22,125
- Cash +€14,941
up €14,941 (+92.6%), from €16,127 to €31,068
mainly Other debts (+€126,506) and Net result for the year (+€42,845)
- Tangible fixed assets +€2,862
up €2,862 (+24.1%), from €11,880 to €14,743
of which Furniture and vehicles: +€2,862
- Other debts +€126,506
up €126,506, from €0 to €126,506
- Reserves +€42,845
up €42,845 (+120%), from €35,665 to €78,509
- Gross operating margin +€19,874
up €19,874 (+49.4%), from €40,214 to €60,088
- Taxes +€4,007
up €4,007 (+45.7%), from €8,763 to €12,770
- Depreciation +€761
up €761 (+122%), from €626 to €1,388
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 | €53,916 | €222,083 | +€168,166 | +312% |
| Fixed assets | 21/28 | €11,880 | €189,743 | +€177,862 | +1,497% |
| Tangible fixed assets | 22/27 | €11,880 | €14,743 | +€2,862 | +24.1% |
| Furniture and vehicles | 24 | €3,430 | €6,293 | +€2,862 | +83.5% |
| Other tangible fixed assets | 26 | €8,450 | €8,450 | = | 0.0% |
| Financial fixed assets | 28 | - | €175,000 | +€175,000 | |
| Current assets | 29/58 | €42,036 | €32,340 | -€9,696 | -23.1% |
| Amounts receivable within one year | 40/41 | €24,625 | €0 | -€24,625 | -100% |
| Trade receivables | 40 | €22,125 | €0 | -€22,125 | -100% |
| Other amounts receivable | 41 | €2,500 | €0 | -€2,500 | -100% |
| Cash at bank and in hand | 54/58 | €16,127 | €31,068 | +€14,941 | +92.6% |
| Deferred charges and accrued income | 490/1 | €1,284 | €1,272 | -€13 | -1.0% |
| Total equity and liabilities | 10/49 | €53,916 | €222,083 | +€168,166 | +312% |
| Equity | 10/15 | €37,665 | €80,509 | +€42,845 | +114% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €35,665 | €78,509 | +€42,845 | +120% |
| Distributable reserves | 133 | €35,665 | €78,509 | +€42,845 | +120% |
| Amounts payable | 17/49 | €16,252 | €141,574 | +€125,322 | +771% |
| Amounts payable within one year | 42/48 | €16,252 | €141,574 | +€125,322 | +771% |
| Financial debts | 43 | €429 | €0 | -€429 | -100% |
| Credit institutions | 430/8 | €429 | €0 | -€429 | -100% |
| Trade debts | 44 | €1,863 | €2,674 | +€812 | +43.6% |
| Suppliers | 440/4 | €1,863 | €2,674 | +€812 | +43.6% |
| Taxes, remuneration and social security | 45 | €13,960 | €12,393 | -€1,566 | -11.2% |
| Taxes | 450/3 | €13,960 | €12,393 | -€1,566 | -11.2% |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €0 | €126,506 | +€126,506 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €626 | €1,388 | +€761 | +122% |
| Other operating charges | 640/8 | €601 | €694 | +€92 | +15.4% |
| Gross operating margin | 9900 | €40,214 | €60,088 | +€19,874 | +49.4% |
| Operating profit (loss) | 9901 | €38,987 | €58,006 | +€19,020 | +48.8% |
| Financial income | 75/76B | €0 | €0 | -€0 | -100% |
| Recurring financial income | 75 | €0 | €0 | -€0 | -100% |
| Financial charges | 65/66B | €2,574 | €2,392 | -€183 | -7.1% |
| Recurring financial charges | 65 | €2,574 | €2,392 | -€183 | -7.1% |
| Profit (loss) for the period before taxes | 9903 | €36,412 | €55,615 | +€19,202 | +52.7% |
| Income taxes | 67/77 | €8,763 | €12,770 | +€4,007 | +45.7% |
| Profit (loss) for the period | 9904 | €27,649 | €42,845 | +€15,195 | +55.0% |
| Profit (loss) for the period to be appropriated | 9905 | €27,649 | €42,845 | +€15,195 | +55.0% |
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 24 October 2026 via checked.be.