LE CASTEL: 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.
LE CASTEL
Largest movements
- Receivables within one year -€29,340
down €29,340 (-67.2%), from €43,629 to €14,290
of which Trade receivables: -€27,564
- Cash -€3,443
down €3,443 (-4.5%), from €77,010 to €73,567
mainly Trade debts (-€37,057) and Investment in fixed assets (net) (-€11,518)
- Trade debts -€37,057
down €37,057 (-48.1%), from €77,055 to €39,998
- Profit (loss) carried forward +€14,031
up €14,031 (+17.6%), from €79,510 to €93,540
- Debts after one year -€8,220
down €8,220 (-11.9%), from €69,030 to €60,810
- Other debts -€7,783
down €7,783 (-69.2%), from €11,252 to €3,469
- Gross operating margin -€3,073
down €3,073 (-5.9%), from €52,021 to €48,948
- Depreciation +€2,252
up €2,252 (+20.4%), from €11,063 to €13,315
- Staff costs +€778
up €778 (+16.7%), from €4,650 to €5,427
- Taxes +€681
up €681 (+13.5%), from €5,034 to €5,716
- Other operating charges -€552
down €552 (-9.1%), from €6,038 to €5,486
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €329,851 | €293,125 | -€36,726 | -11.1% |
| Fixed assets | 21/28 | €205,187 | €203,389 | -€1,797 | -0.9% |
| Intangible fixed assets | 21 | - | €0 | = | |
| Tangible fixed assets | 22/27 | €205,187 | €203,389 | -€1,797 | -0.9% |
| Land and buildings | 22 | €205,187 | €203,389 | -€1,797 | -0.9% |
| Plant, machinery and equipment | 23 | - | €0 | = | |
| Furniture and vehicles | 24 | - | €0 | = | |
| Current assets | 29/58 | €124,665 | €89,736 | -€34,928 | -28.0% |
| Stocks and contracts in progress | 3 | €997 | €893 | -€104 | -10.4% |
| Stocks | 30/36 | €997 | €893 | -€104 | -10.4% |
| Amounts receivable within one year | 40/41 | €43,629 | €14,290 | -€29,340 | -67.2% |
| Trade receivables | 40 | €38,547 | €10,983 | -€27,564 | -71.5% |
| Other amounts receivable | 41 | €5,082 | €3,306 | -€1,776 | -34.9% |
| Cash at bank and in hand | 54/58 | €77,010 | €73,567 | -€3,443 | -4.5% |
| Deferred charges and accrued income | 490/1 | €3,029 | €986 | -€2,043 | -67.4% |
| Total equity and liabilities | 10/49 | €329,851 | €293,125 | -€36,726 | -11.1% |
| Equity | 10/15 | €159,483 | €173,514 | +€14,031 | +8.8% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Reserves | 13 | €61,423 | €61,423 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,897 | €1,897 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,897 | €1,897 | = | 0.0% |
| Distributable reserves | 133 | €59,526 | €59,526 | = | 0.0% |
| Profit (loss) carried forward | 14 | €79,510 | €93,540 | +€14,031 | +17.6% |
| Amounts payable | 17/49 | €170,368 | €119,612 | -€50,756 | -29.8% |
| Amounts payable after more than one year | 17 | €69,030 | €60,810 | -€8,220 | -11.9% |
| Financial debts | 170/4 | €69,030 | €60,810 | -€8,220 | -11.9% |
| Amounts payable within one year | 42/48 | €101,338 | €58,801 | -€42,537 | -42.0% |
| Current portion of amounts payable after more than one year | 42 | €7,996 | €8,220 | +€223 | +2.8% |
| Trade debts | 44 | €77,055 | €39,998 | -€37,057 | -48.1% |
| Suppliers | 440/4 | €77,055 | €39,998 | -€37,057 | -48.1% |
| Taxes, remuneration and social security | 45 | €5,034 | €7,115 | +€2,080 | +41.3% |
| Taxes | 450/3 | €5,034 | €5,708 | +€673 | +13.4% |
| Remuneration and social security | 454/9 | - | €1,407 | +€1,407 | |
| Other amounts payable | 47/48 | €11,252 | €3,469 | -€7,783 | -69.2% |
| Remuneration, social security and pensions | 62 | €4,650 | €5,427 | +€778 | +16.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,063 | €13,315 | +€2,252 | +20.4% |
| Other operating charges | 640/8 | €6,038 | €5,486 | -€552 | -9.1% |
| Gross operating margin | 9900 | €52,021 | €48,948 | -€3,073 | -5.9% |
| Operating profit (loss) | 9901 | €30,270 | €24,720 | -€5,550 | -18.3% |
| Financial income | 75/76B | €51 | €27 | -€24 | -47.4% |
| Recurring financial income | 75 | €51 | €27 | -€24 | -47.4% |
| Financial charges | 65/66B | €4,974 | €5,001 | +€28 | +0.6% |
| Recurring financial charges | 65 | €4,974 | €5,001 | +€28 | +0.6% |
| Profit (loss) for the period before taxes | 9903 | €25,348 | €19,746 | -€5,602 | -22.1% |
| Income taxes | 67/77 | €5,034 | €5,716 | +€681 | +13.5% |
| Profit (loss) for the period | 9904 | €20,314 | €14,031 | -€6,283 | -30.9% |
| Profit (loss) for the period to be appropriated | 9905 | €20,314 | €14,031 | -€6,283 | -30.9% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 18 October 2026 via checked.be.