KASTEEL DE SCHANS: 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.
KASTEEL DE SCHANS
Largest movements
- Cash -€16,846
down €16,846 (-15.7%), from €107,526 to €90,681
mainly Debts after one year (-€17,000) and Investment in fixed assets (net) (-€16,744)
- Tangible fixed assets -€7,414
down €7,414 (-8.2%), from €90,475 to €83,061
of which Land and buildings: -€9,891
- Deferred charges and accrued income +€7,248
up €7,248 (+230%), from €3,147 to €10,396
- Intangible fixed assets +€4,136
up €4,136 (+51.5%), from €8,034 to €12,170
- Receivables within one year -€2,421
down €2,421 (-11.7%), from €20,750 to €18,328
of which Trade receivables: -€4,069
- Debts after one year -€17,000
no longer reported in 2025 (was €17,000)
- Accrued charges and deferred income +€15,884
up €15,884 (+156%), from €10,194 to €26,078
- Advances received -€11,202
down €11,202 (-30.6%), from €36,572 to €25,370
- Profit (loss) carried forward -€8,975
down €8,975, from €5,817 to -€3,159
- Current portion of long-term debt +€6,600
up €6,600 (+38.4%), from €17,200 to €23,800
- Staff costs -€27,177
down €27,177 (-29.8%), from €91,112 to €63,936
- Gross operating margin +€25,415
up €25,415 (+49.5%), from €51,374 to €76,789
- Depreciation +€4,438
up €4,438 (+28.1%), from €15,775 to €20,213
- Other operating charges -€3,108
down €3,108 (-81.0%), from €3,835 to €728
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 | €231,086 | €215,072 | -€16,014 | -6.9% |
| Formation expenses | 20 | €224 | €33 | -€191 | -85.3% |
| Fixed assets | 21/28 | €98,509 | €95,231 | -€3,278 | -3.3% |
| Intangible fixed assets | 21 | €8,034 | €12,170 | +€4,136 | +51.5% |
| Tangible fixed assets | 22/27 | €90,475 | €83,061 | -€7,414 | -8.2% |
| Land and buildings | 22 | €71,131 | €61,240 | -€9,891 | -13.9% |
| Plant, machinery and equipment | 23 | €18,938 | €18,014 | -€924 | -4.9% |
| Furniture and vehicles | 24 | €406 | €3,807 | +€3,401 | +838% |
| Current assets | 29/58 | €132,353 | €119,808 | -€12,545 | -9.5% |
| Stocks and contracts in progress | 3 | €930 | €404 | -€526 | -56.6% |
| Stocks | 30/36 | €930 | €404 | -€526 | -56.6% |
| Amounts receivable within one year | 40/41 | €20,750 | €18,328 | -€2,421 | -11.7% |
| Trade receivables | 40 | €18,872 | €14,803 | -€4,069 | -21.6% |
| Other amounts receivable | 41 | €1,878 | €3,525 | +€1,648 | +87.7% |
| Cash at bank and in hand | 54/58 | €107,526 | €90,681 | -€16,846 | -15.7% |
| Deferred charges and accrued income | 490/1 | €3,147 | €10,396 | +€7,248 | +230% |
| Total equity and liabilities | 10/49 | €231,086 | €215,072 | -€16,014 | -6.9% |
| Equity | 10/15 | €114,567 | €105,591 | -€8,975 | -7.8% |
| Contributions | 10/11 | €101,250 | €101,250 | = | 0.0% |
| Reserves | 13 | €7,500 | €7,500 | = | 0.0% |
| Distributable reserves | 133 | €7,500 | €7,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €5,817 | -€3,159 | -€8,975 | |
| Amounts payable | 17/49 | €116,519 | €109,481 | -€7,039 | -6.0% |
| Amounts payable after more than one year | 17 | €17,000 | - | -€17,000 | |
| Financial debts | 170/4 | €17,000 | - | -€17,000 | |
| Amounts payable within one year | 42/48 | €89,325 | €83,402 | -€5,923 | -6.6% |
| Current portion of amounts payable after more than one year | 42 | €17,200 | €23,800 | +€6,600 | +38.4% |
| Trade debts | 44 | €12,857 | €17,433 | +€4,576 | +35.6% |
| Suppliers | 440/4 | €12,857 | €17,433 | +€4,576 | +35.6% |
| Advances received on contracts in progress | 46 | €36,572 | €25,370 | -€11,202 | -30.6% |
| Taxes, remuneration and social security | 45 | €22,465 | €16,800 | -€5,665 | -25.2% |
| Taxes | 450/3 | €6,127 | €3,966 | -€2,161 | -35.3% |
| Remuneration and social security | 454/9 | €16,338 | €12,834 | -€3,504 | -21.4% |
| Other amounts payable | 47/48 | €232 | - | -€232 | |
| Accrued charges and deferred income | 492/3 | €10,194 | €26,078 | +€15,884 | +156% |
| Remuneration, social security and pensions | 62 | €91,112 | €63,936 | -€27,177 | -29.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,775 | €20,213 | +€4,438 | +28.1% |
| Other operating charges | 640/8 | €3,835 | €728 | -€3,108 | -81.0% |
| Gross operating margin | 9900 | €51,374 | €76,789 | +€25,415 | +49.5% |
| Operating profit (loss) | 9901 | -€59,350 | -€8,088 | +€51,262 | +86.4% |
| Financial income | 75/76B | €760 | €598 | -€162 | -21.4% |
| Recurring financial income | 75 | €760 | €598 | -€162 | -21.4% |
| Financial charges | 65/66B | €1,407 | €1,485 | +€78 | +5.5% |
| Recurring financial charges | 65 | €1,407 | €1,485 | +€78 | +5.5% |
| Profit (loss) for the period before taxes | 9903 | -€59,997 | -€8,975 | +€51,022 | +85.0% |
| Income taxes | 67/77 | €74 | - | -€74 | |
| Profit (loss) for the period | 9904 | -€60,071 | -€8,975 | +€51,096 | +85.1% |
| Profit (loss) for the period to be appropriated | 9905 | -€60,071 | -€8,975 | +€51,096 | +85.1% |
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 29 October 2026 via checked.be.