KASTEELPLEIN: 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.
KASTEELPLEIN
Largest movements
- Receivables within one year -€195,488
down €195,488 (-96.2%), from €203,158 to €7,670
of which Other amounts receivable: -€192,330
- Cash +€180,117
up €180,117 (+273%), from €65,926 to €246,042
mainly Receivables within one year (+€195,488) and Net result for the year (+€137,995)
- Tangible fixed assets -€63,129
down €63,129 (-3.4%), from €1.8m to €1.8m
- Other debts -€200,000
down €200,000 (-100%), from €200,000 to €0
- Reserves +€190,539
up €190,539 (+26.6%), from €716,946 to €907,485
of which Distributable reserves: +€232,020
- Profit (loss) carried forward -€62,456
down €62,456 (-100%), from €62,456 to €0
- Taxes -€82,650
down €82,650 (-70.7%), from €116,824 to €34,174
- Gross operating margin +€4,545
up €4,545 (+1.6%), from €282,583 to €287,128
- Financial income -€4,054
down €4,054 (-67.1%), from €6,038 to €1,984
- Other operating charges +€3,631
up €3,631 (+28.2%), from €12,868 to €16,498
- Depreciation +€3,389
up €3,389 (+3.1%), from €110,508 to €113,897
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 | €2,112,759 | €2,036,165 | -€76,595 | -3.6% |
| Fixed assets | 21/28 | €1,830,765 | €1,767,635 | -€63,129 | -3.4% |
| Tangible fixed assets | 22/27 | €1,830,765 | €1,767,635 | -€63,129 | -3.4% |
| Land and buildings | 22 | €1,830,765 | €1,767,635 | -€63,129 | -3.4% |
| Current assets | 29/58 | €281,995 | €268,529 | -€13,465 | -4.8% |
| Amounts receivable within one year | 40/41 | €203,158 | €7,670 | -€195,488 | -96.2% |
| Trade receivables | 40 | €3,158 | €0 | -€3,158 | -100% |
| Other amounts receivable | 41 | €200,000 | €7,670 | -€192,330 | -96.2% |
| Cash at bank and in hand | 54/58 | €65,926 | €246,042 | +€180,117 | +273% |
| Deferred charges and accrued income | 490/1 | €12,911 | €14,817 | +€1,906 | +14.8% |
| Total equity and liabilities | 10/49 | €2,112,759 | €2,036,165 | -€76,595 | -3.6% |
| Equity | 10/15 | €1,639,901 | €1,767,985 | +€128,084 | +7.8% |
| Contributions | 10/11 | €860,500 | €860,500 | = | 0.0% |
| Capital | 10 | €860,500 | €860,500 | = | 0.0% |
| Issued capital | 100 | €860,500 | €860,500 | = | 0.0% |
| Reserves | 13 | €716,946 | €907,485 | +€190,539 | +26.6% |
| Non-distributable reserves | 130/1 | €59,463 | €68,388 | +€8,924 | +15.0% |
| Legal reserve | 130 | €59,463 | €68,388 | +€8,924 | +15.0% |
| Tax-exempt reserves | 132 | €657,482 | €607,077 | -€50,405 | -7.7% |
| Distributable reserves | 133 | - | €232,020 | +€232,020 | |
| Profit (loss) carried forward | 14 | €62,456 | €0 | -€62,456 | -100% |
| Provisions and deferred taxes | 16 | €205,945 | €202,359 | -€3,586 | -1.7% |
| Deferred taxes | 168 | €205,945 | €202,359 | -€3,586 | -1.7% |
| Amounts payable | 17/49 | €266,913 | €65,821 | -€201,092 | -75.3% |
| Amounts payable within one year | 42/48 | €263,327 | €62,322 | -€201,005 | -76.3% |
| Trade debts | 44 | €22,823 | €9,892 | -€12,931 | -56.7% |
| Suppliers | 440/4 | €22,823 | €9,892 | -€12,931 | -56.7% |
| Taxes, remuneration and social security | 45 | €40,504 | €52,431 | +€11,926 | +29.4% |
| Taxes | 450/3 | €40,504 | €52,431 | +€11,926 | +29.4% |
| Other amounts payable | 47/48 | €200,000 | €0 | -€200,000 | -100% |
| Accrued charges and deferred income | 492/3 | €3,586 | €3,498 | -€87 | -2.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €110,508 | €113,897 | +€3,389 | +3.1% |
| Other operating charges | 640/8 | €12,868 | €16,498 | +€3,631 | +28.2% |
| Gross operating margin | 9900 | €282,583 | €287,128 | +€4,545 | +1.6% |
| Operating profit (loss) | 9901 | €159,207 | €156,732 | -€2,475 | -1.6% |
| Financial income | 75/76B | €6,038 | €1,984 | -€4,054 | -67.1% |
| Recurring financial income | 75 | €6,038 | €1,984 | -€4,054 | -67.1% |
| Financial charges | 65/66B | €143 | €44 | -€99 | -68.9% |
| Recurring financial charges | 65 | €143 | €44 | -€99 | -68.9% |
| Profit (loss) for the period before taxes | 9903 | €165,102 | €158,672 | -€6,430 | -3.9% |
| Transfer from deferred taxes | 780 | €15,971 | €13,498 | -€2,473 | -15.5% |
| Income taxes | 67/77 | €116,824 | €34,174 | -€82,650 | -70.7% |
| Profit (loss) for the period | 9904 | €64,248 | €137,995 | +€73,747 | +115% |
| Transfer from tax-exempt reserves | 789 | €38,021 | €40,494 | +€2,473 | +6.5% |
| Profit (loss) for the period to be appropriated | 9905 | €102,269 | €178,489 | +€76,220 | +74.5% |
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 1 November 2026 via checked.be.