KASTOR XI: 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 XI
Largest movements
- Cash +€433,859
up €433,859 (+134,330%), from €323 to €434,182
mainly Net result for the year (+€536,714) and Tax, wage and social debts (+€89,748)
- Receivables within one year +€125,351
up €125,351 (+60.0%), from €209,028 to €334,378
of which Trade receivables: +€193,080
- Financial fixed assets +€40,001
up €40,001 (+134%), from €29,857 to €69,858
- Reserves +€536,714
up €536,714 (+135%), from €397,683 to €934,397
- Tax, wage and social debts +€89,748
up €89,748 (+479%), from €18,722 to €108,470
- Trade debts -€12,497
down €12,497 (-18.3%), from €68,181 to €55,683
- Financial income +€401,329
up €401,329 (+4,760%), from €8,431 to €409,760
of which Non-recurring financial income: +€399,931
- Gross operating margin +€177,640
up €177,640 (+182%), from €97,800 to €275,440
- Taxes +€86,431
up €86,431 (+391%), from €22,127 to €108,558
- Other operating charges -€10,413
down €10,413 (-90.3%), from €11,526 to €1,112
- Depreciation +€3,126
up €3,126 (+12.6%), from €24,712 to €27,837
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 | €491,631 | €1,104,751 | +€613,120 | +125% |
| Fixed assets | 21/28 | €203,345 | €252,678 | +€49,333 | +24.3% |
| Tangible fixed assets | 22/27 | €173,488 | €182,820 | +€9,332 | +5.4% |
| Land and buildings | 22 | €943 | €612 | -€331 | -35.1% |
| Furniture and vehicles | 24 | €9,567 | €7,338 | -€2,229 | -23.3% |
| Other tangible fixed assets | 26 | €162,978 | €174,870 | +€11,891 | +7.3% |
| Financial fixed assets | 28 | €29,857 | €69,858 | +€40,001 | +134% |
| Current assets | 29/58 | €288,285 | €852,073 | +€563,788 | +196% |
| Amounts receivable after more than one year | 29 | €67,727 | €70,891 | +€3,163 | +4.7% |
| Other amounts receivable | 291 | €67,727 | €70,891 | +€3,163 | +4.7% |
| Stocks and contracts in progress | 3 | €2,820 | €2,820 | = | 0.0% |
| Stocks | 30/36 | €2,820 | €2,820 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €209,028 | €334,378 | +€125,351 | +60.0% |
| Trade receivables | 40 | €20,270 | €213,350 | +€193,080 | +953% |
| Other amounts receivable | 41 | €188,758 | €121,028 | -€67,729 | -35.9% |
| Cash at bank and in hand | 54/58 | €323 | €434,182 | +€433,859 | +134,330% |
| Deferred charges and accrued income | 490/1 | €8,388 | €9,802 | +€1,415 | +16.9% |
| Total equity and liabilities | 10/49 | €491,631 | €1,104,751 | +€613,120 | +125% |
| Equity | 10/15 | €403,883 | €940,597 | +€536,714 | +133% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €397,683 | €934,397 | +€536,714 | +135% |
| Distributable reserves | 133 | €397,683 | €934,397 | +€536,714 | +135% |
| Amounts payable | 17/49 | €87,748 | €164,154 | +€76,406 | +87.1% |
| Amounts payable within one year | 42/48 | €86,903 | €164,154 | +€77,251 | +88.9% |
| Trade debts | 44 | €68,181 | €55,683 | -€12,497 | -18.3% |
| Suppliers | 440/4 | €68,181 | €55,683 | -€12,497 | -18.3% |
| Taxes, remuneration and social security | 45 | €18,722 | €108,470 | +€89,748 | +479% |
| Taxes | 450/3 | €18,722 | €108,470 | +€89,748 | +479% |
| Accrued charges and deferred income | 492/3 | €845 | - | -€845 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €24,712 | €27,837 | +€3,126 | +12.6% |
| Other operating charges | 640/8 | €11,526 | €1,112 | -€10,413 | -90.3% |
| Non-recurring operating charges | 66A | - | €8,540 | +€8,540 | |
| Gross operating margin | 9900 | €97,800 | €275,440 | +€177,640 | +182% |
| Operating profit (loss) | 9901 | €61,562 | €237,950 | +€176,388 | +287% |
| Financial income | 75/76B | €8,431 | €409,760 | +€401,329 | +4,760% |
| Recurring financial income | 75 | €8,431 | €9,829 | +€1,398 | +16.6% |
| Non-recurring financial income | 76B | - | €399,931 | +€399,931 | |
| Financial charges | 65/66B | €1,667 | €2,437 | +€771 | +46.2% |
| Recurring financial charges | 65 | €1,667 | €2,437 | +€771 | +46.2% |
| Profit (loss) for the period before taxes | 9903 | €68,326 | €645,272 | +€576,946 | +844% |
| Income taxes | 67/77 | €22,127 | €108,558 | +€86,431 | +391% |
| Profit (loss) for the period | 9904 | €46,200 | €536,714 | +€490,514 | +1,062% |
| Profit (loss) for the period to be appropriated | 9905 | €46,200 | €536,714 | +€490,514 | +1,062% |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 25 October 2026 via checked.be.