Kastor Up: 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.
Kastor Up
Largest movements
- Receivables within one year -€213,773
down €213,773 (-83.8%), from €255,081 to €41,308
of which Trade receivables: -€223,677
- Cash +€46,312
up €46,312 (+25.6%), from €181,106 to €227,418
mainly Receivables within one year (+€213,773) and Net result for the year (+€47,133)
- Tangible fixed assets -€17,286
down €17,286 (-5.5%), from €314,564 to €297,278
of which Furniture and vehicles: -€13,786
- Deferred charges and accrued income +€14,399
up €14,399 (+381%), from €3,780 to €18,179
- Accrued charges and deferred income -€219,863
down €219,863 (-100%), from €219,863 to €0
- Reserves +€47,133
up €47,133 (+14.5%), from €325,615 to €372,748
- Gross operating margin -€37,694
down €37,694 (-29.2%), from €129,059 to €91,365
- Depreciation -€16,080
down €16,080 (-44.4%), from €36,230 to €20,150
- Taxes -€5,620
down €5,620 (-21.5%), from €26,137 to €20,517
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 | €804,532 | €634,183 | -€170,348 | -21.2% |
| Fixed assets | 21/28 | €314,564 | €297,278 | -€17,286 | -5.5% |
| Tangible fixed assets | 22/27 | €314,564 | €297,278 | -€17,286 | -5.5% |
| Land and buildings | 22 | €40,273 | €37,120 | -€3,153 | -7.8% |
| Plant, machinery and equipment | 23 | €16,935 | €26,658 | +€9,723 | +57.4% |
| Furniture and vehicles | 24 | €23,978 | €10,193 | -€13,786 | -57.5% |
| Other tangible fixed assets | 26 | €233,378 | €223,308 | -€10,069 | -4.3% |
| Current assets | 29/58 | €489,967 | €336,905 | -€153,062 | -31.2% |
| Amounts receivable within one year | 40/41 | €255,081 | €41,308 | -€213,773 | -83.8% |
| Trade receivables | 40 | €239,327 | €15,651 | -€223,677 | -93.5% |
| Other amounts receivable | 41 | €15,754 | €25,658 | +€9,904 | +62.9% |
| Current investments | 50/53 | €50,000 | €50,000 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €181,106 | €227,418 | +€46,312 | +25.6% |
| Deferred charges and accrued income | 490/1 | €3,780 | €18,179 | +€14,399 | +381% |
| Total equity and liabilities | 10/49 | €804,532 | €634,183 | -€170,348 | -21.2% |
| Equity | 10/15 | €435,740 | €482,872 | +€47,133 | +10.8% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €325,615 | €372,748 | +€47,133 | +14.5% |
| Distributable reserves | 133 | €325,615 | €372,748 | +€47,133 | +14.5% |
| Profit (loss) carried forward | 14 | €91,525 | €91,525 | = | 0.0% |
| Amounts payable | 17/49 | €368,792 | €151,311 | -€217,481 | -59.0% |
| Amounts payable within one year | 42/48 | €148,929 | €151,311 | +€2,382 | +1.6% |
| Financial debts | 43 | €0 | - | = | |
| Credit institutions | 430/8 | €0 | - | = | |
| Trade debts | 44 | €2,392 | €10,197 | +€7,806 | +326% |
| Suppliers | 440/4 | €2,392 | €10,197 | +€7,806 | +326% |
| Taxes, remuneration and social security | 45 | €6,595 | €6,025 | -€570 | -8.6% |
| Taxes | 450/3 | €6,595 | €3,752 | -€2,843 | -43.1% |
| Remuneration and social security | 454/9 | - | €2,273 | +€2,273 | |
| Other amounts payable | 47/48 | €139,943 | €135,089 | -€4,854 | -3.5% |
| Accrued charges and deferred income | 492/3 | €219,863 | €0 | -€219,863 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €36,230 | €20,150 | -€16,080 | -44.4% |
| Other operating charges | 640/8 | €4,156 | €3,681 | -€474 | -11.4% |
| Non-recurring operating charges | 66A | €7,204 | €4,828 | -€2,375 | -33.0% |
| Gross operating margin | 9900 | €129,059 | €91,365 | -€37,694 | -29.2% |
| Operating profit (loss) | 9901 | €81,469 | €62,705 | -€18,764 | -23.0% |
| Financial income | 75/76B | €5,750 | €5,106 | -€644 | -11.2% |
| Recurring financial income | 75 | €5,750 | €5,106 | -€644 | -11.2% |
| Financial charges | 65/66B | €218 | €162 | -€56 | -25.7% |
| Recurring financial charges | 65 | €218 | €162 | -€56 | -25.7% |
| Profit (loss) for the period before taxes | 9903 | €87,001 | €67,650 | -€19,352 | -22.2% |
| Income taxes | 67/77 | €26,137 | €20,517 | -€5,620 | -21.5% |
| Profit (loss) for the period | 9904 | €60,865 | €47,133 | -€13,732 | -22.6% |
| Profit (loss) for the period to be appropriated | 9905 | €60,865 | €47,133 | -€13,732 | -22.6% |
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 17 October 2026 via checked.be.