Cindy 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.
Cindy Castro
Largest movements
- Tangible fixed assets +€45,549
up €45,549 (+7923.6%), from €575 to €46,124
of which Furniture and vehicles: +€43,677
- Intangible fixed assets -€18,000
down €18,000 (-10.6%), from €169,693 to €151,693
- Profit (loss) carried forward +€35,180
up €35,180 (+186.3%), from €18,882 to €54,062
- Other debts -€31,615
down €31,615 (-50.3%), from €62,864 to €31,249
- Debts after one year +€24,094
up €24,094 (+30.3%), from €79,504 to €103,597
- Current portion of long-term debt +€2,717
up €2,717 (+15.1%), from €17,938 to €20,654
- Gross operating margin +€37,623
up €37,623 (+91.3%), from €41,218 to €78,842
- Depreciation +€14,817
up €14,817 (+138.7%), from €10,683 to €25,499
- Taxes +€4,716
up €4,716 (+59.4%), from €7,935 to €12,651
- Financial charges +€2,542
up €2,542 (+99.4%), from €2,558 to €5,100
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 | €183,909 | €213,422 | +€29,512 | +16.0% |
| Fixed assets | 21/28 | €170,268 | €197,817 | +€27,549 | +16.2% |
| Intangible fixed assets | 21 | €169,693 | €151,693 | -€18,000 | -10.6% |
| Tangible fixed assets | 22/27 | €575 | €46,124 | +€45,549 | +7923.6% |
| Land and buildings | 22 | €199 | - | -€199 | |
| Plant, machinery and equipment | 23 | €338 | €2,408 | +€2,071 | +613.2% |
| Furniture and vehicles | 24 | €38 | €43,715 | +€43,677 | +115183.0% |
| Current assets | 29/58 | €13,641 | €15,605 | +€1,963 | +14.4% |
| Amounts receivable within one year | 40/41 | - | €1,349 | +€1,349 | |
| Other amounts receivable | 41 | - | €1,349 | +€1,349 | |
| Cash at bank and in hand | 54/58 | €13,641 | €14,256 | +€614 | +4.5% |
| Total equity and liabilities | 10/49 | €183,909 | €213,422 | +€29,512 | +16.0% |
| Equity | 10/15 | €21,882 | €57,062 | +€35,180 | +160.8% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €18,882 | €54,062 | +€35,180 | +186.3% |
| Amounts payable | 17/49 | €162,027 | €156,359 | -€5,668 | -3.5% |
| Amounts payable after more than one year | 17 | €79,504 | €103,597 | +€24,094 | +30.3% |
| Financial debts | 170/4 | €79,504 | €103,597 | +€24,094 | +30.3% |
| Amounts payable within one year | 42/48 | €82,380 | €52,699 | -€29,681 | -36.0% |
| Current portion of amounts payable after more than one year | 42 | €17,938 | €20,654 | +€2,717 | +15.1% |
| Trade debts | 44 | €1,143 | €360 | -€782 | -68.5% |
| Suppliers | 440/4 | €1,143 | €360 | -€782 | -68.5% |
| Taxes, remuneration and social security | 45 | €435 | €435 | = | 0.0% |
| Taxes | 450/3 | €435 | €435 | = | 0.0% |
| Other amounts payable | 47/48 | €62,864 | €31,249 | -€31,615 | -50.3% |
| Accrued charges and deferred income | 492/3 | €144 | €63 | -€81 | -56.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,683 | €25,499 | +€14,817 | +138.7% |
| Other operating charges | 640/8 | €1,160 | €420 | -€740 | -63.8% |
| Gross operating margin | 9900 | €41,218 | €78,842 | +€37,623 | +91.3% |
| Operating profit (loss) | 9901 | €29,375 | €52,922 | +€23,547 | +80.2% |
| Financial income | 75/76B | €0 | €9 | +€9 | +42900.0% |
| Recurring financial income | 75 | €0 | €9 | +€9 | +42900.0% |
| Financial charges | 65/66B | €2,558 | €5,100 | +€2,542 | +99.4% |
| Recurring financial charges | 65 | €2,558 | €5,100 | +€2,542 | +99.4% |
| Profit (loss) for the period before taxes | 9903 | €26,818 | €47,831 | +€21,013 | +78.4% |
| Income taxes | 67/77 | €7,935 | €12,651 | +€4,716 | +59.4% |
| Profit (loss) for the period | 9904 | €18,882 | €35,180 | +€16,297 | +86.3% |
| Profit (loss) for the period to be appropriated | 9905 | €18,882 | €35,180 | +€16,297 | +86.3% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.