CUSTAFER: what changed
Two fiscal 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.
CUSTAFER
Largest movements
- Cash +€868,617
up €868,617 (+4386.3%), from €19,803 to €888,420
mainly Net result for the year (+€629,240) and Trade debts (+€185,921)
- Stocks and contracts -€113,020
down €113,020 (-51.3%), from €220,320 to €107,300
- Tangible fixed assets -€32,581
down €32,581 (-22.0%), from €147,919 to €115,338
of which Land and buildings: -€38,760
- Receivables within one year -€29,283
down €29,283 (-7.3%), from €402,192 to €372,910
of which Trade receivables: -€64,050
- Financial fixed assets -€17,529
no longer reported in 2024 (was €17,529)
- Reserves +€371,819
up €371,819 (+93.6%), from €397,406 to €769,225
of which Distributable reserves: +€371,819
- Profit (loss) carried forward +€257,421
no longer reported in 2024 (was -€257,421)
- Trade debts +€185,921
up €185,921 (+101.2%), from €183,643 to €369,564
- Short-term financial debts -€170,000
no longer reported in 2024 (was €170,000)
- Tax, wage and social debts +€119,630
up €119,630 (+155.9%), from €76,726 to €196,356
of which Taxes: +€122,124
- Gross operating margin +€913,514
up €913,514 (+231.0%), from €395,502 to €1.3m
- Taxes +€128,789
new in 2024: €128,789
- Staff costs +€88,950
up €88,950 (+23.6%), from €376,194 to €465,144
- Write-downs -€28,611
no longer reported in 2024 (was €28,611)
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.
Cash bridge derived
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 | €819,534 | €1,488,366 | +€668,832 | +81.6% |
| Fixed assets | 21/28 | €165,448 | €115,338 | -€50,110 | -30.3% |
| Tangible fixed assets | 22/27 | €147,919 | €115,338 | -€32,581 | -22.0% |
| Land and buildings | 22 | €109,905 | €71,145 | -€38,760 | -35.3% |
| Plant, machinery and equipment | 23 | €12,408 | €8,122 | -€4,286 | -34.5% |
| Furniture and vehicles | 24 | €25,606 | €36,071 | +€10,465 | +40.9% |
| Financial fixed assets | 28 | €17,529 | - | -€17,529 | |
| Current assets | 29/58 | €654,086 | €1,373,028 | +€718,942 | +109.9% |
| Stocks and contracts in progress | 3 | €220,320 | €107,300 | -€113,020 | -51.3% |
| Stocks | 30/36 | €220,320 | €107,300 | -€113,020 | -51.3% |
| Amounts receivable within one year | 40/41 | €402,192 | €372,910 | -€29,283 | -7.3% |
| Trade receivables | 40 | €397,808 | €333,759 | -€64,050 | -16.1% |
| Other amounts receivable | 41 | €4,384 | €39,151 | +€34,767 | +793.1% |
| Current investments | 50/53 | €104 | €104 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €19,803 | €888,420 | +€868,617 | +4386.3% |
| Deferred charges and accrued income | 490/1 | €11,667 | €4,294 | -€7,372 | -63.2% |
| Total equity and liabilities | 10/49 | €819,534 | €1,488,366 | +€668,832 | +81.6% |
| Equity | 10/15 | €259,985 | €889,225 | +€629,240 | +242.0% |
| Contributions | 10/11 | €120,000 | €120,000 | = | 0.0% |
| Reserves | 13 | €397,406 | €769,225 | +€371,819 | +93.6% |
| Non-distributable reserves | 130/1 | €12,000 | €12,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €12,000 | €12,000 | = | 0.0% |
| Tax-exempt reserves | 132 | €6,000 | €6,000 | = | 0.0% |
| Distributable reserves | 133 | €379,406 | €751,225 | +€371,819 | +98.0% |
| Profit (loss) carried forward | 14 | -€257,421 | - | +€257,421 | |
| Amounts payable | 17/49 | €559,548 | €599,141 | +€39,592 | +7.1% |
| Amounts payable within one year | 42/48 | €559,548 | €599,141 | +€39,592 | +7.1% |
| Financial debts | 43 | €170,000 | - | -€170,000 | |
| Credit institutions | 430/8 | €170,000 | - | -€170,000 | |
| Trade debts | 44 | €183,643 | €369,564 | +€185,921 | +101.2% |
| Suppliers | 440/4 | €183,643 | €369,564 | +€185,921 | +101.2% |
| Advances received on contracts in progress | 46 | €1,526 | €1,526 | = | 0.0% |
| Taxes, remuneration and social security | 45 | €76,726 | €196,356 | +€119,630 | +155.9% |
| Taxes | 450/3 | €7,038 | €129,162 | +€122,124 | +1735.1% |
| Remuneration and social security | 454/9 | €69,688 | €67,194 | -€2,494 | -3.6% |
| Other amounts payable | 47/48 | €127,653 | €31,694 | -€95,959 | -75.2% |
| Non-recurring operating income | 76A | - | €1,161,885 | +€1.2m | |
| Remuneration, social security and pensions | 62 | €376,194 | €465,144 | +€88,950 | +23.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,332 | €13,218 | -€114 | -0.9% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €28,611 | - | -€28,611 | |
| Other operating charges | 640/8 | €45,582 | €53,774 | +€8,192 | +18.0% |
| Gross operating margin | 9900 | €395,502 | €1,309,016 | +€913,514 | +231.0% |
| Operating profit (loss) | 9901 | -€68,217 | €776,880 | +€845,097 | |
| Financial income | 75/76B | €8,934 | €925 | -€8,009 | -89.7% |
| Recurring financial income | 75 | €8,934 | €925 | -€8,009 | -89.7% |
| Financial charges | 65/66B | €16,814 | €19,777 | +€2,963 | +17.6% |
| Recurring financial charges | 65 | €16,814 | €19,777 | +€2,963 | +17.6% |
| Profit (loss) for the period before taxes | 9903 | -€76,097 | €758,028 | +€834,125 | |
| Income taxes | 67/77 | - | €128,789 | +€128,789 | |
| Profit (loss) for the period | 9904 | -€76,097 | €629,240 | +€705,337 | |
| Profit (loss) for the period to be appropriated | 9905 | -€76,097 | €629,240 | +€705,337 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.