ETABLISSEMENTS CASTEELS: what changed
What changed
ETABLISSEMENTS CASTEELS
NACE 46.720, Wholesale of motor vehicle parts and accessories
filed annual accounts (NBB)
Net result for the year
-€244,494
2024 · €163,218-€407,713
Equity
€4.7m
2024 · €4.9m-€244,494
Cash
€48,928
2024 · €11,142+€37,785
Balance sheet total
€5.1m
2024 · €5.8m-€651,032
Largest movements
Assets
- Receivables after one year -€343,683
down €343,683 (-72.1%), from €476,683 to €133,000
- Stocks and contracts -€219,484
down €219,484 (-75.2%), from €291,687 to €72,203
- Receivables within one year -€106,138
down €106,138 (-8.9%), from €1.2m to €1.1m
of which Trade receivables: -€98,885
Equity and liabilities
- Trade debts -€433,573
down €433,573 (-73.1%), from €592,796 to €159,224
- Profit (loss) carried forward -€244,494
down €244,494, from €199,066 to -€45,428
- Short-term financial debts +€133,000
new in 2025: €133,000
- Tax, wage and social debts -€105,970
down €105,970 (-63.0%), from €168,244 to €62,273
of which Remuneration and social security: -€104,886
Income statement
- Financial charges +€354,999
up €354,999 (+1,378%), from €25,765 to €380,764
- Purchases and services -€261,318
down €261,318 (-6.4%), from €4.1m to €3.8m
- Turnover -€243,335
down €243,335 (-5.1%), from €4.8m to €4.6m
- Gross operating margin -€80,849
down €80,849 (-9.9%), from €815,600 to €734,751
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
€163,218
Gross operating margin
-€80,849
Staff costs
+€14,985
Depreciation
+€13,060
Other operating charges
+€1,681
Other operating items
-€1,325
Financial income
+€1,445
Financial charges
-€354,999
Taxes
-€1,710
Result 2025
-€244,494
raises the resultlowers the resultnot broken down further in the accounts
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
-€95,215
Investment
€0
Financing
+€133,000
Cash 2024
€11,142
From operations (derived)
-€95,215
Net result for the year
-€244,494
Depreciation
+€20,388
Receivables after one year
+€343,683
Stocks and contracts
+€219,484
Receivables within one year
+€106,138
Smaller working-capital items
-€871
Trade debts
-€433,573
Tax, wage and social debts
-€105,970
Financing
+€133,000
Short-term financial debts
+€133,000
Cash 2025
€48,928
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €5,790,321 | €5,139,289 | -€651,032 | -11.2% |
| Fixed assets | 21/28 | €3,820,688 | €3,800,300 | -€20,388 | -0.5% |
| Intangible fixed assets | 21 | €6,345 | €2,889 | -€3,456 | -54.5% |
| Tangible fixed assets | 22/27 | €30,633 | €13,701 | -€16,932 | -55.3% |
| Plant, machinery and equipment | 23 | €30,633 | €13,701 | -€16,932 | -55.3% |
| Financial fixed assets | 28 | €3,783,710 | €3,783,710 | = | 0.0% |
| Current assets | 29/58 | €1,969,634 | €1,338,990 | -€630,644 | -32.0% |
| Amounts receivable after more than one year | 29 | €476,683 | €133,000 | -€343,683 | -72.1% |
| Other amounts receivable | 291 | €476,683 | €133,000 | -€343,683 | -72.1% |
| Stocks and contracts in progress | 3 | €291,687 | €72,203 | -€219,484 | -75.2% |
| Stocks | 30/36 | €291,687 | €72,203 | -€219,484 | -75.2% |
| Amounts receivable within one year | 40/41 | €1,188,687 | €1,082,549 | -€106,138 | -8.9% |
| Trade receivables | 40 | €1,168,507 | €1,069,622 | -€98,885 | -8.5% |
| Other amounts receivable | 41 | €20,180 | €12,927 | -€7,253 | -35.9% |
| Cash at bank and in hand | 54/58 | €11,142 | €48,928 | +€37,785 | +339% |
| Deferred charges and accrued income | 490/1 | €1,434 | €2,310 | +€876 | +61.1% |
| Total equity and liabilities | 10/49 | €5,790,321 | €5,139,289 | -€651,032 | -11.2% |
| Equity | 10/15 | €4,919,035 | €4,674,541 | -€244,494 | -5.0% |
| Contributions | 10/11 | €4,250,000 | €4,250,000 | = | 0.0% |
| Capital | 10 | €4,250,000 | €4,250,000 | = | 0.0% |
| Issued capital | 100 | €4,250,000 | €4,250,000 | = | 0.0% |
| Revaluation surpluses | 12 | €381,258 | €381,258 | = | 0.0% |
| Reserves | 13 | €88,712 | €88,712 | = | 0.0% |
| Non-distributable reserves | 130/1 | €88,712 | €88,712 | = | 0.0% |
| Legal reserve | 130 | €88,712 | €88,712 | = | 0.0% |
| Profit (loss) carried forward | 14 | €199,066 | -€45,428 | -€244,494 | |
| Provisions and deferred taxes | 16 | €109,982 | €109,982 | = | 0.0% |
| Provisions for liabilities and charges | 160/5 | €109,982 | €109,982 | = | 0.0% |
| Other liabilities and charges | 164/5 | €109,982 | €109,982 | = | 0.0% |
| Amounts payable | 17/49 | €761,304 | €354,766 | -€406,538 | -53.4% |
| Amounts payable within one year | 42/48 | €761,040 | €354,497 | -€406,543 | -53.4% |
| Financial debts | 43 | - | €133,000 | +€133,000 | |
| Other loans | 439 | - | €133,000 | +€133,000 | |
| Trade debts | 44 | €592,796 | €159,224 | -€433,573 | -73.1% |
| Suppliers | 440/4 | €592,796 | €159,224 | -€433,573 | -73.1% |
| Taxes, remuneration and social security | 45 | €168,244 | €62,273 | -€105,970 | -63.0% |
| Taxes | 450/3 | €3,355 | €2,270 | -€1,085 | -32.3% |
| Remuneration and social security | 454/9 | €164,889 | €60,003 | -€104,886 | -63.6% |
| Accrued charges and deferred income | 492/3 | €264 | €269 | +€5 | +1.9% |
| Turnover | 70 | €4,800,827 | €4,557,492 | -€243,335 | -5.1% |
| Non-recurring operating income | 76A | €2,764 | - | -€2,764 | |
| Goods, raw materials, services and sundry goods | 60/61 | €4,084,058 | €3,822,741 | -€261,318 | -6.4% |
| Remuneration, social security and pensions | 62 | €582,841 | €567,857 | -€14,985 | -2.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €33,448 | €20,388 | -€13,060 | -39.0% |
| Other operating charges | 640/8 | €13,335 | €11,654 | -€1,681 | -12.6% |
| Operating charges capitalised as restructuring costs | 649 | -€1 | - | +€1 | |
| Non-recurring operating charges | 66A | - | €1,324 | +€1,324 | |
| Gross operating margin | 9900 | €815,600 | €734,751 | -€80,849 | -9.9% |
| Operating profit (loss) | 9901 | €185,977 | €133,528 | -€52,448 | -28.2% |
| Financial income | 75/76B | €3,006 | €4,451 | +€1,445 | +48.1% |
| Recurring financial income | 75 | €3,006 | €4,451 | +€1,445 | +48.1% |
| Financial charges | 65/66B | €25,765 | €380,764 | +€354,999 | +1,378% |
| Recurring financial charges | 65 | €25,765 | €380,764 | +€354,999 | +1,378% |
| Profit (loss) for the period before taxes | 9903 | €163,218 | -€242,784 | -€406,003 | |
| Income taxes | 67/77 | - | €1,710 | +€1,710 | |
| Profit (loss) for the period | 9904 | €163,218 | -€244,494 | -€407,713 | |
| Profit (loss) for the period to be appropriated | 9905 | €163,218 | -€244,494 | -€407,713 |
Next steps
Work out how much credit to give this customer and on what payment terms.Credit check Check what to know before you do business with this company.Supplier due diligence Check whether you can accept this company as a client under the anti-money-laundering law.AML client file Compare this company with its sector.Sector benchmark
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 4 November 2026 via checked.be.