LE CASTELIN: 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 CASTELIN
Largest movements
- Cash +€30,078
up €30,078 (+55.5%), from €54,222 to €84,300
mainly Net result for the year (+€25,009) and Trade debts (+€15,018)
- Receivables after one year -€10,000
no longer reported in 2025 (was €10,000)
- Receivables within one year +€8,356
up €8,356 (+99.5%), from €8,398 to €16,754
of which Trade receivables: +€11,631
- Profit (loss) carried forward +€25,009
up €25,009 (+60.2%), from €41,565 to €66,574
- Trade debts +€15,018
up €15,018 (+41.6%), from €36,134 to €51,152
- Debts after one year -€7,167
down €7,167 (-24.5%), from €29,231 to €22,064
- Other debts -€5,041
down €5,041 (-57.8%), from €8,718 to €3,677
- Tax, wage and social debts +€3,938
up €3,938 (+14.4%), from €27,356 to €31,294
of which Taxes: +€4,334
- Gross operating margin +€20,835
up €20,835 (+23.7%), from €87,966 to €108,801
- Staff costs +€9,880
up €9,880 (+19.4%), from €51,031 to €60,911
- Taxes +€8,318
up €8,318 (+403%), from €2,065 to €10,383
- Financial income +€2,032
up €2,032 (+7,526%), from €27 to €2,059
- Financial charges -€1,460
down €1,460 (-22.2%), from €6,588 to €5,128
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 | €301,942 | €331,972 | +€30,030 | +9.9% |
| Fixed assets | 21/28 | €225,800 | €227,544 | +€1,744 | +0.8% |
| Intangible fixed assets | 21 | €0 | - | = | |
| Tangible fixed assets | 22/27 | €225,800 | €227,544 | +€1,744 | +0.8% |
| Land and buildings | 22 | €202,023 | €198,738 | -€3,285 | -1.6% |
| Plant, machinery and equipment | 23 | €21,178 | €27,645 | +€6,467 | +30.5% |
| Furniture and vehicles | 24 | €2,599 | €1,161 | -€1,438 | -55.3% |
| Current assets | 29/58 | €76,142 | €104,428 | +€28,286 | +37.1% |
| Amounts receivable after more than one year | 29 | €10,000 | - | -€10,000 | |
| Trade receivables | 290 | €10,000 | - | -€10,000 | |
| Stocks and contracts in progress | 3 | €3,522 | €3,317 | -€205 | -5.8% |
| Stocks | 30/36 | €3,522 | €3,317 | -€205 | -5.8% |
| Amounts receivable within one year | 40/41 | €8,398 | €16,754 | +€8,356 | +99.5% |
| Trade receivables | 40 | €5,123 | €16,754 | +€11,631 | +227% |
| Other amounts receivable | 41 | €3,275 | - | -€3,275 | |
| Cash at bank and in hand | 54/58 | €54,222 | €84,300 | +€30,078 | +55.5% |
| Deferred charges and accrued income | 490/1 | - | €57 | +€57 | |
| Total equity and liabilities | 10/49 | €301,942 | €331,972 | +€30,030 | +9.9% |
| Equity | 10/15 | €191,608 | €216,617 | +€25,009 | +13.1% |
| Contributions | 10/11 | €150,043 | €150,043 | = | 0.0% |
| Profit (loss) carried forward | 14 | €41,565 | €66,574 | +€25,009 | +60.2% |
| Amounts payable | 17/49 | €110,334 | €115,355 | +€5,021 | +4.6% |
| Amounts payable after more than one year | 17 | €29,231 | €22,064 | -€7,167 | -24.5% |
| Financial debts | 170/4 | €29,231 | €22,064 | -€7,167 | -24.5% |
| Amounts payable within one year | 42/48 | €81,103 | €93,291 | +€12,188 | +15.0% |
| Current portion of amounts payable after more than one year | 42 | €8,895 | €7,168 | -€1,727 | -19.4% |
| Trade debts | 44 | €36,134 | €51,152 | +€15,018 | +41.6% |
| Suppliers | 440/4 | €36,134 | €51,152 | +€15,018 | +41.6% |
| Taxes, remuneration and social security | 45 | €27,356 | €31,294 | +€3,938 | +14.4% |
| Taxes | 450/3 | €13,771 | €18,105 | +€4,334 | +31.5% |
| Remuneration and social security | 454/9 | €13,585 | €13,189 | -€396 | -2.9% |
| Other amounts payable | 47/48 | €8,718 | €3,677 | -€5,041 | -57.8% |
| Remuneration, social security and pensions | 62 | €51,031 | €60,911 | +€9,880 | +19.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,235 | €7,776 | -€459 | -5.6% |
| Other operating charges | 640/8 | €2,908 | €1,653 | -€1,255 | -43.2% |
| Gross operating margin | 9900 | €87,966 | €108,801 | +€20,835 | +23.7% |
| Operating profit (loss) | 9901 | €25,792 | €38,461 | +€12,669 | +49.1% |
| Financial income | 75/76B | €27 | €2,059 | +€2,032 | +7,526% |
| Recurring financial income | 75 | €27 | €2,059 | +€2,032 | +7,526% |
| Financial charges | 65/66B | €6,588 | €5,128 | -€1,460 | -22.2% |
| Recurring financial charges | 65 | €6,588 | €5,128 | -€1,460 | -22.2% |
| Profit (loss) for the period before taxes | 9903 | €19,231 | €35,392 | +€16,161 | +84.0% |
| Income taxes | 67/77 | €2,065 | €10,383 | +€8,318 | +403% |
| Profit (loss) for the period | 9904 | €17,166 | €25,009 | +€7,843 | +45.7% |
| Profit (loss) for the period to be appropriated | 9905 | €17,166 | €25,009 | +€7,843 | +45.7% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 22 October 2026 via checked.be.