LIBRAIRIE VANDECASTEELE: 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.
LIBRAIRIE VANDECASTEELE
Largest movements
- Receivables within one year +€26,715
up €26,715 (+52.2%), from €51,161 to €77,876
of which Trade receivables: +€15,453
- Stocks and contracts -€6,441
no longer reported in 2025 (was €6,441)
- Tangible fixed assets +€3,391
up €3,391 (+191%), from €1,774 to €5,165
of which Other tangible fixed assets: +€3,523
- Cash -€3,180
down €3,180 (-5.4%), from €58,468 to €55,288
mainly Receivables within one year (-€26,715) and Investment in fixed assets (net) (-€4,065)
- Reserves +€15,000
up €15,000 (+806%), from €1,860 to €16,860
of which Distributable reserves: +€15,000
- Trade debts +€3,516
new in 2025: €3,516
- Turnover -€24,527
down €24,527 (-7.8%), from €315,920 to €291,393
- Purchases and services -€20,673
down €20,673 (-6.9%), from €300,708 to €280,036
- Gross operating margin +€6,146
up €6,146 (+37.5%), from €16,410 to €22,556
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 | €149,471 | €168,787 | +€19,316 | +12.9% |
| Fixed assets | 21/28 | €31,849 | €35,240 | +€3,391 | +10.6% |
| Intangible fixed assets | 21 | €30,000 | €30,000 | = | 0.0% |
| Tangible fixed assets | 22/27 | €1,774 | €5,165 | +€3,391 | +191% |
| Furniture and vehicles | 24 | €229 | €96 | -€132 | -57.9% |
| Other tangible fixed assets | 26 | €1,545 | €5,068 | +€3,523 | +228% |
| Financial fixed assets | 28 | €75 | €75 | = | 0.0% |
| Current assets | 29/58 | €117,623 | €133,548 | +€15,925 | +13.5% |
| Stocks and contracts in progress | 3 | €6,441 | - | -€6,441 | |
| Stocks | 30/36 | €6,441 | - | -€6,441 | |
| Amounts receivable within one year | 40/41 | €51,161 | €77,876 | +€26,715 | +52.2% |
| Trade receivables | 40 | €2,331 | €17,784 | +€15,453 | +663% |
| Other amounts receivable | 41 | €48,830 | €60,091 | +€11,262 | +23.1% |
| Cash at bank and in hand | 54/58 | €58,468 | €55,288 | -€3,180 | -5.4% |
| Deferred charges and accrued income | 490/1 | €1,552 | €383 | -€1,169 | -75.3% |
| Total equity and liabilities | 10/49 | €149,471 | €168,787 | +€19,316 | +12.9% |
| Equity | 10/15 | €149,471 | €165,147 | +€15,676 | +10.5% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €1,860 | €16,860 | +€15,000 | +806% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | - | €15,000 | +€15,000 | |
| Profit (loss) carried forward | 14 | €141,411 | €142,087 | +€676 | +0.5% |
| Amounts payable | 17/49 | - | €3,641 | +€3,641 | |
| Amounts payable within one year | 42/48 | - | €3,516 | +€3,516 | |
| Trade debts | 44 | - | €3,516 | +€3,516 | |
| Suppliers | 440/4 | - | €3,516 | +€3,516 | |
| Accrued charges and deferred income | 492/3 | - | €125 | +€125 | |
| Turnover | 70 | €315,920 | €291,393 | -€24,527 | -7.8% |
| Non-recurring operating income | 76A | - | €10,292 | +€10,292 | |
| Goods, raw materials, services and sundry goods | 60/61 | €300,708 | €280,036 | -€20,673 | -6.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €673 | €674 | +€1 | +0.1% |
| Other operating charges | 640/8 | €1,437 | €1,794 | +€358 | +24.9% |
| Gross operating margin | 9900 | €16,410 | €22,556 | +€6,146 | +37.5% |
| Operating profit (loss) | 9901 | €14,300 | €20,088 | +€5,788 | +40.5% |
| Financial income | 75/76B | €0 | €1 | +€1 | +605% |
| Recurring financial income | 75 | €0 | €1 | +€1 | +605% |
| Financial charges | 65/66B | €2,469 | €2,520 | +€51 | +2.1% |
| Recurring financial charges | 65 | €2,469 | €2,520 | +€51 | +2.1% |
| Profit (loss) for the period before taxes | 9903 | €11,832 | €17,569 | +€5,738 | +48.5% |
| Income taxes | 67/77 | -€100 | €1,894 | +€1,994 | |
| Profit (loss) for the period | 9904 | €11,931 | €15,676 | +€3,744 | +31.4% |
| Profit (loss) for the period to be appropriated | 9905 | €11,931 | €15,676 | +€3,744 | +31.4% |
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 24 October 2026 via checked.be.