EDITIONS CASTERMAN: 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
EDITIONS CASTERMAN
NACE 58.110, Book publishing
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
-€505,466
2024 · -€565,914+€60,449
Equity
€18.6m
2024 · €19.1m-€505,466
Cash
€1,953
2024 · €2,015-€61
Balance sheet total
€31.9m
2024 · €32.3m-€412,236
Largest movements
Assets
- Stocks and contracts -€455,275
down €455,275 (-4.4%), from €10.5m to €10.0m
Equity and liabilities
- Profit (loss) carried forward -€505,466
down €505,466 (-3.9%), from €13.1m to €12.6m
Income statement
- Turnover +€1.3m
up €1.3m (+4.5%), from €28.7m to €30.0m
- Services and other goods +€1.3m
up €1.3m (+7.3%), from €17.5m to €18.7m
- Write-downs -€747,687
down €747,687, from €679,115 to -€68,572
- Goods and materials +€361,440
up €361,440 (+3.9%), from €9.3m to €9.6m
of which Change in stocks: decrease (increase): +€865,051
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
-€565,914
Turnover
+€1.3m
Other operating income
-€83,426
Goods and materials
-€361,440
Services and other goods
-€1.3m
Staff costs
-€147,996
Depreciation
-€16,925
Write-downs
+€747,687
Provisions
-€253,438
Other operating charges
-€18,623
Financial income
-€35,053
Financial charges
-€4,687
Taxes
+€227,416
Result 2025
-€505,466
raises the resultlowers the result
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
+€82,831
Investment
-€82,893
Financing
€0
Cash 2024
€2,015
From operations (derived)
+€82,831
Net result for the year
-€505,466
Depreciation
+€109,266
Stocks and contracts
+€455,275
Receivables within one year
+€40,925
Deferred charges and accrued income
-€110,400
Provisions
+€18,195
Trade debts
-€84,205
Tax, wage and social debts
-€504
Other debts
+€179,187
Accrued charges and deferred income
-€19,442
Investment (derived)
-€82,893
Investment in fixed assets (net)
-€82,893
Cash 2025
€1,953
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €32,339,833 | €31,927,597 | -€412,236 | -1.3% |
| Fixed assets | 21/28 | €445,240 | €418,866 | -€26,374 | -5.9% |
| Intangible fixed assets | 21 | €82,177 | €98,941 | +€16,765 | +20.4% |
| Tangible fixed assets | 22/27 | €331,513 | €288,225 | -€43,288 | -13.1% |
| Furniture and vehicles | 24 | €81,603 | €71,963 | -€9,641 | -11.8% |
| Other tangible fixed assets | 26 | €249,910 | €216,262 | -€33,648 | -13.5% |
| Financial fixed assets | 28 | €31,550 | €31,700 | +€150 | +0.5% |
| Companies linked by participating interests | 282/3 | €31,377 | €31,527 | +€150 | +0.5% |
| Participating interests | 282 | €31,377 | €31,527 | +€150 | +0.5% |
| Other financial fixed assets | 284/8 | €174 | €174 | = | 0.0% |
| Amounts receivable and cash guarantees | 285/8 | €174 | €174 | = | 0.0% |
| Current assets | 29/58 | €31,894,593 | €31,508,731 | -€385,862 | -1.2% |
| Stocks and contracts in progress | 3 | €10,451,536 | €9,996,261 | -€455,275 | -4.4% |
| Stocks | 30/36 | €10,451,536 | €9,996,261 | -€455,275 | -4.4% |
| Raw materials and consumables | 30/31 | €1,483,829 | €1,345,297 | -€138,532 | -9.3% |
| Goods purchased for resale | 34 | €8,967,707 | €8,650,964 | -€316,743 | -3.5% |
| Amounts receivable within one year | 40/41 | €19,666,892 | €19,625,967 | -€40,925 | -0.2% |
| Trade receivables | 40 | €17,705,644 | €17,872,638 | +€166,995 | +0.9% |
| Other amounts receivable | 41 | €1,961,249 | €1,753,329 | -€207,920 | -10.6% |
| Cash at bank and in hand | 54/58 | €2,015 | €1,953 | -€61 | -3.0% |
| Deferred charges and accrued income | 490/1 | €1,774,150 | €1,884,550 | +€110,400 | +6.2% |
| Total equity and liabilities | 10/49 | €32,339,833 | €31,927,597 | -€412,236 | -1.3% |
| Equity | 10/15 | €19,086,241 | €18,580,775 | -€505,466 | -2.6% |
| Contributions | 10/11 | €3,000,000 | €3,000,000 | = | 0.0% |
| Capital | 10 | €3,000,000 | €3,000,000 | = | 0.0% |
| Issued capital | 100 | €3,000,000 | €3,000,000 | = | 0.0% |
| Reserves | 13 | €2,961,043 | €2,961,043 | = | 0.0% |
| Non-distributable reserves | 130/1 | €362,469 | €362,469 | = | 0.0% |
| Legal reserve | 130 | €300,000 | €300,000 | = | 0.0% |
| Other | 1319 | €62,469 | €62,469 | = | 0.0% |
| Tax-exempt reserves | 132 | €1,298,873 | €1,298,873 | = | 0.0% |
| Distributable reserves | 133 | €1,299,701 | €1,299,701 | = | 0.0% |
| Profit (loss) carried forward | 14 | €13,125,197 | €12,619,732 | -€505,466 | -3.9% |
| Provisions and deferred taxes | 16 | €2,022,505 | €2,040,699 | +€18,195 | +0.9% |
| Provisions for liabilities and charges | 160/5 | €2,022,505 | €2,040,699 | +€18,195 | +0.9% |
| Other liabilities and charges | 164/5 | €2,022,505 | €2,040,699 | +€18,195 | +0.9% |
| Amounts payable | 17/49 | €11,231,087 | €11,306,123 | +€75,035 | +0.7% |
| Amounts payable within one year | 42/48 | €11,148,041 | €11,242,518 | +€94,477 | +0.8% |
| Trade debts | 44 | €10,469,225 | €10,385,021 | -€84,205 | -0.8% |
| Suppliers | 440/4 | €10,469,225 | €10,385,021 | -€84,205 | -0.8% |
| Taxes, remuneration and social security | 45 | €571,788 | €571,283 | -€504 | -0.1% |
| Taxes | 450/3 | €254,526 | €255,251 | +€725 | +0.3% |
| Remuneration and social security | 454/9 | €317,261 | €316,032 | -€1,229 | -0.4% |
| Other amounts payable | 47/48 | €107,027 | €286,214 | +€179,187 | +167% |
| Accrued charges and deferred income | 492/3 | €83,047 | €63,605 | -€19,442 | -23.4% |
| Operating income | 70/76A | €29,815,529 | €31,015,967 | +€1.2m | +4.0% |
| Turnover | 70 | €28,693,038 | €29,976,902 | +€1.3m | +4.5% |
| Other operating income | 74 | €1,122,490 | €1,039,064 | -€83,426 | -7.4% |
| Operating charges | 60/66A | €30,356,621 | €31,684,287 | +€1.3m | +4.4% |
| Goods for resale, raw materials and consumables | 60 | €9,260,199 | €9,621,638 | +€361,440 | +3.9% |
| Purchases | 600/8 | €9,196,107 | €8,692,496 | -€503,611 | -5.5% |
| Change in stocks: decrease (increase) | 609 | €64,092 | €929,143 | +€865,051 | +1,350% |
| Services and other goods | 61 | €17,462,277 | €18,739,207 | +€1.3m | +7.3% |
| Remuneration, social security and pensions | 62 | €3,055,205 | €3,203,201 | +€147,996 | +4.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €92,341 | €109,266 | +€16,925 | +18.3% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €679,115 | -€68,572 | -€747,687 | |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | -€235,243 | €18,195 | +€253,438 | |
| Other operating charges | 640/8 | €42,728 | €61,351 | +€18,623 | +43.6% |
| Operating profit (loss) | 9901 | -€541,093 | -€668,320 | -€127,227 | -23.5% |
| Financial income | 75/76B | €97,913 | €62,860 | -€35,053 | -35.8% |
| Recurring financial income | 75 | €97,913 | €62,860 | -€35,053 | -35.8% |
| Income from current assets | 751 | €62,101 | €41,748 | -€20,354 | -32.8% |
| Other financial income | 752/9 | €35,812 | €21,112 | -€14,699 | -41.0% |
| Financial charges | 65/66B | €33,205 | €37,893 | +€4,687 | +14.1% |
| Recurring financial charges | 65 | €33,205 | €37,893 | +€4,687 | +14.1% |
| Debt charges | 650 | €14,563 | €16,493 | +€1,929 | +13.2% |
| Other financial charges | 652/9 | €18,642 | €21,400 | +€2,758 | +14.8% |
| Profit (loss) for the period before taxes | 9903 | -€476,385 | -€643,352 | -€166,967 | -35.0% |
| Income taxes | 67/77 | €89,529 | -€137,887 | -€227,416 | |
| Taxes | 670/3 | €91,431 | €106,974 | +€15,543 | +17.0% |
| Tax adjustments and reversals of tax provisions | 77 | €1,901 | €244,860 | +€242,959 | +12,778% |
| Profit (loss) for the period | 9904 | -€565,914 | -€505,466 | +€60,449 | +10.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€565,914 | -€505,466 | +€60,449 | +10.7% |
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 19 October 2026 via checked.be.