DE CASTILLION: 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.
DE CASTILLION
Largest movements
- Cash -€308,622
down €308,622 (-63.7%), from €484,600 to €175,978
mainly Debts after one year (-€193,366) and Investment in fixed assets (net) (-€165,783)
- Tangible fixed assets -€165,797
down €165,797 (-6.8%), from €2.4m to €2.3m
of which Land and buildings: -€218,685
- Receivables within one year +€107,198
up €107,198 (+1,692%), from €6,337 to €113,535
of which Other amounts receivable: +€105,693
- Debts after one year -€193,366
down €193,366 (-10.6%), from €1.8m to €1.6m
- Profit (loss) carried forward -€120,342
down €120,342 (-6.8%), from -€1.8m to -€1.9m
- Tax, wage and social debts -€41,711
down €41,711 (-35.7%), from €116,970 to €75,258
of which Taxes: -€60,610
- Current portion of long-term debt +€30,972
up €30,972 (+14.8%), from €209,157 to €240,129
- Gross operating margin -€222,084
down €222,084 (-29.8%), from €744,566 to €522,482
- Staff costs +€90,833
up €90,833 (+61.5%), from €147,677 to €238,511
- Taxes -€66,678
down €66,678 (-98.2%), from €67,892 to €1,214
- Depreciation +€12,757
up €12,757 (+4.0%), from €318,823 to €331,580
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 | €2,949,942 | €2,580,615 | -€369,327 | -12.5% |
| Fixed assets | 21/28 | €2,452,413 | €2,286,617 | -€165,797 | -6.8% |
| Tangible fixed assets | 22/27 | €2,443,617 | €2,277,821 | -€165,797 | -6.8% |
| Land and buildings | 22 | €2,328,785 | €2,110,099 | -€218,685 | -9.4% |
| Plant, machinery and equipment | 23 | €89,220 | €126,110 | +€36,890 | +41.3% |
| Furniture and vehicles | 24 | €21,460 | €40,808 | +€19,348 | +90.2% |
| Leasing and similar rights | 25 | €4,152 | €802 | -€3,350 | -80.7% |
| Financial fixed assets | 28 | €8,796 | €8,796 | = | 0.0% |
| Current assets | 29/58 | €497,528 | €293,998 | -€203,530 | -40.9% |
| Amounts receivable within one year | 40/41 | €6,337 | €113,535 | +€107,198 | +1,692% |
| Trade receivables | 40 | €6,091 | €7,597 | +€1,506 | +24.7% |
| Other amounts receivable | 41 | €246 | €105,938 | +€105,693 | +42,987% |
| Cash at bank and in hand | 54/58 | €484,600 | €175,978 | -€308,622 | -63.7% |
| Deferred charges and accrued income | 490/1 | €6,591 | €4,484 | -€2,107 | -32.0% |
| Total equity and liabilities | 10/49 | €2,949,942 | €2,580,615 | -€369,327 | -12.5% |
| Equity | 10/15 | €686,647 | €547,113 | -€139,535 | -20.3% |
| Contributions | 10/11 | €460,389 | €460,389 | = | 0.0% |
| Revaluation surpluses | 12 | €77,660 | €77,660 | = | 0.0% |
| Reserves | 13 | €1,918,606 | €1,899,413 | -€19,193 | -1.0% |
| Non-distributable reserves | 130/1 | €1,473,943 | €1,473,943 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,473,943 | €0 | -€1.5m | -100% |
| Other | 1319 | - | €1,473,943 | +€1.5m | |
| Tax-exempt reserves | 132 | €123,783 | €104,590 | -€19,193 | -15.5% |
| Distributable reserves | 133 | €320,880 | €320,880 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€1,770,008 | -€1,890,350 | -€120,342 | -6.8% |
| Provisions and deferred taxes | 16 | €63,739 | €53,856 | -€9,883 | -15.5% |
| Deferred taxes | 168 | €63,739 | €53,856 | -€9,883 | -15.5% |
| Amounts payable | 17/49 | €2,199,555 | €1,979,646 | -€219,909 | -10.0% |
| Amounts payable after more than one year | 17 | €1,828,942 | €1,635,576 | -€193,366 | -10.6% |
| Financial debts | 170/4 | €1,828,942 | €1,635,576 | -€193,366 | -10.6% |
| Amounts payable within one year | 42/48 | €370,614 | €344,071 | -€26,543 | -7.2% |
| Current portion of amounts payable after more than one year | 42 | €209,157 | €240,129 | +€30,972 | +14.8% |
| Trade debts | 44 | €32,698 | €27,689 | -€5,009 | -15.3% |
| Suppliers | 440/4 | €32,698 | €27,689 | -€5,009 | -15.3% |
| Taxes, remuneration and social security | 45 | €116,970 | €75,258 | -€41,711 | -35.7% |
| Taxes | 450/3 | €98,863 | €38,253 | -€60,610 | -61.3% |
| Remuneration and social security | 454/9 | €18,106 | €37,005 | +€18,899 | +104% |
| Other amounts payable | 47/48 | €11,789 | €994 | -€10,795 | -91.6% |
| Remuneration, social security and pensions | 62 | €147,677 | €238,511 | +€90,833 | +61.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €318,823 | €331,580 | +€12,757 | +4.0% |
| Other operating charges | 640/8 | €43,291 | €43,366 | +€75 | +0.2% |
| Gross operating margin | 9900 | €744,566 | €522,482 | -€222,084 | -29.8% |
| Operating profit (loss) | 9901 | €234,776 | -€90,974 | -€325,750 | |
| Financial income | 75/76B | €5,573 | €2,010 | -€3,563 | -63.9% |
| Recurring financial income | 75 | €5,573 | €2,010 | -€3,563 | -63.9% |
| Financial charges | 65/66B | €59,946 | €59,239 | -€707 | -1.2% |
| Recurring financial charges | 65 | €59,946 | €59,239 | -€707 | -1.2% |
| Profit (loss) for the period before taxes | 9903 | €180,403 | -€148,203 | -€328,607 | |
| Transfer from deferred taxes | 780 | €9,883 | €9,883 | +€0 | 0.0% |
| Income taxes | 67/77 | €67,892 | €1,214 | -€66,678 | -98.2% |
| Profit (loss) for the period | 9904 | €122,394 | -€139,535 | -€261,928 | |
| Transfer from tax-exempt reserves | 789 | €19,193 | €19,193 | -€0 | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €141,587 | -€120,342 | -€261,928 |
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 30 October 2026 via checked.be.