REALCASTRO: 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.
REALCASTRO
Largest movements
- Receivables within one year +€26,839
up €26,839 (+5.5%), from €486,035 to €512,874
of which Other amounts receivable: +€29,211
- Tangible fixed assets -€24,618
down €24,618 (-8.4%), from €293,761 to €269,143
of which Land and buildings: -€19,163
- Cash -€10,985
down €10,985 (-44.0%), from €24,982 to €13,997
mainly Contributions, distributions and other (-€367,917) and Receivables within one year (-€26,839)
- Other debts +€366,586
up €366,586 (+2,701%), from €13,572 to €380,158
- Reserves -€314,780
no longer reported in 2025 (was €314,780)
- Profit (loss) carried forward -€43,481
down €43,481 (-100.0%), from €43,490 to €9
- Debts after one year -€15,817
down €15,817 (-6.1%), from €260,355 to €244,538
- Staff costs +€42,420
up €42,420 (+21.8%), from €194,356 to €236,776
- Gross operating margin +€37,245
up €37,245 (+14.2%), from €261,886 to €299,131
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 | €827,613 | €817,661 | -€9,951 | -1.2% |
| Fixed assets | 21/28 | €294,184 | €269,565 | -€24,618 | -8.4% |
| Tangible fixed assets | 22/27 | €293,761 | €269,143 | -€24,618 | -8.4% |
| Land and buildings | 22 | €273,042 | €253,879 | -€19,163 | -7.0% |
| Plant, machinery and equipment | 23 | €11,302 | €10,469 | -€833 | -7.4% |
| Furniture and vehicles | 24 | €9,418 | €4,796 | -€4,622 | -49.1% |
| Financial fixed assets | 28 | €422 | €422 | = | 0.0% |
| Current assets | 29/58 | €533,429 | €548,096 | +€14,667 | +2.7% |
| Stocks and contracts in progress | 3 | €15,621 | €15,274 | -€347 | -2.2% |
| Stocks | 30/36 | €15,621 | €15,274 | -€347 | -2.2% |
| Amounts receivable within one year | 40/41 | €486,035 | €512,874 | +€26,839 | +5.5% |
| Trade receivables | 40 | €34,517 | €32,144 | -€2,373 | -6.9% |
| Other amounts receivable | 41 | €451,518 | €480,730 | +€29,211 | +6.5% |
| Cash at bank and in hand | 54/58 | €24,982 | €13,997 | -€10,985 | -44.0% |
| Deferred charges and accrued income | 490/1 | €6,791 | €5,951 | -€840 | -12.4% |
| Total equity and liabilities | 10/49 | €827,613 | €817,661 | -€9,951 | -1.2% |
| Equity | 10/15 | €385,550 | €26,372 | -€359,178 | -93.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €314,780 | - | -€314,780 | |
| Distributable reserves | 133 | €314,780 | - | -€314,780 | |
| Profit (loss) carried forward | 14 | €43,490 | €9 | -€43,481 | -100.0% |
| Investment grants | 15 | €8,680 | €7,764 | -€917 | -10.6% |
| Amounts payable | 17/49 | €442,062 | €791,289 | +€349,227 | +79.0% |
| Amounts payable after more than one year | 17 | €260,355 | €244,538 | -€15,817 | -6.1% |
| Financial debts | 170/4 | €260,355 | €244,538 | -€15,817 | -6.1% |
| Amounts payable within one year | 42/48 | €181,708 | €546,751 | +€365,044 | +201% |
| Current portion of amounts payable after more than one year | 42 | €16,269 | €17,099 | +€831 | +5.1% |
| Financial debts | 43 | - | €5,740 | +€5,740 | |
| Credit institutions | 430/8 | - | €5,740 | +€5,740 | |
| Trade debts | 44 | €122,636 | €117,422 | -€5,215 | -4.3% |
| Suppliers | 440/4 | €122,636 | €117,422 | -€5,215 | -4.3% |
| Taxes, remuneration and social security | 45 | €29,231 | €26,332 | -€2,899 | -9.9% |
| Taxes | 450/3 | €1,692 | €3,349 | +€1,657 | +97.9% |
| Remuneration and social security | 454/9 | €27,539 | €22,983 | -€4,555 | -16.5% |
| Other amounts payable | 47/48 | €13,572 | €380,158 | +€366,586 | +2,701% |
| Remuneration, social security and pensions | 62 | €194,356 | €236,776 | +€42,420 | +21.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €28,184 | €28,168 | -€16 | -0.1% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €1,450 | €295 | -€1,155 | -79.6% |
| Other operating charges | 640/8 | €6,519 | €6,832 | +€313 | +4.8% |
| Non-recurring operating charges | 66A | - | €530 | +€530 | |
| Gross operating margin | 9900 | €261,886 | €299,131 | +€37,245 | +14.2% |
| Operating profit (loss) | 9901 | €31,378 | €26,530 | -€4,848 | -15.4% |
| Financial income | 75/76B | €1,124 | €1,174 | +€50 | +4.4% |
| Recurring financial income | 75 | €1,124 | €1,174 | +€50 | +4.4% |
| Financial charges | 65/66B | €21,159 | €18,402 | -€2,757 | -13.0% |
| Recurring financial charges | 65 | €21,159 | €18,402 | -€2,757 | -13.0% |
| Profit (loss) for the period before taxes | 9903 | €11,343 | €9,302 | -€2,041 | -18.0% |
| Income taxes | 67/77 | €567 | €563 | -€4 | -0.7% |
| Profit (loss) for the period | 9904 | €10,776 | €8,739 | -€2,037 | -18.9% |
| Profit (loss) for the period to be appropriated | 9905 | €10,776 | €8,739 | -€2,037 | -18.9% |
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 20 October 2026 via checked.be.