CUSTERS BEHEER: 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.
CUSTERS BEHEER
Largest movements
- Receivables within one year +€115,908
up €115,908 (+273.4%), from €42,400 to €158,308
of which Other amounts receivable: +€118,823
- Deferred charges and accrued income +€24,536
new in 2025: €24,536
- Cash +€8,008
up €8,008 (+16.9%), from €47,261 to €55,269
mainly Net result for the year (+€76,137) and Other debts (+€63,628)
- Other debts +€63,628
new in 2025: €63,628
- Trade debts +€37,933
new in 2025: €37,933
- Reserves +€36,830
up €36,830 (+20.2%), from €182,426 to €219,256
of which Distributable reserves: +€36,830
- Tax, wage and social debts +€13,174
up €13,174 (+54.4%), from €24,225 to €37,399
- Taxes +€34,255
up €34,255 (+130.4%), from €26,277 to €60,533
- Gross operating margin +€26,474
up €26,474 (+21.6%), from €122,566 to €149,040
- Other operating charges -€23,446
down €23,446 (-99.0%), from €23,678 to €232
- Depreciation -€2,817
down €2,817 (-21.7%), from €12,961 to €10,144
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.
Cash bridge derived
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 | €270,365 | €422,515 | +€152,150 | +56.3% |
| Formation expenses | 20 | - | €0 | = | |
| Fixed assets | 21/28 | €180,704 | €184,403 | +€3,699 | +2.0% |
| Tangible fixed assets | 22/27 | €180,704 | €184,403 | +€3,699 | +2.0% |
| Land and buildings | 22 | €159,207 | €155,475 | -€3,732 | -2.3% |
| Plant, machinery and equipment | 23 | €17,889 | €25,896 | +€8,007 | +44.8% |
| Furniture and vehicles | 24 | €3,608 | €3,031 | -€577 | -16.0% |
| Current assets | 29/58 | €89,661 | €238,112 | +€148,451 | +165.6% |
| Amounts receivable within one year | 40/41 | €42,400 | €158,308 | +€115,908 | +273.4% |
| Trade receivables | 40 | €2,915 | - | -€2,915 | |
| Other amounts receivable | 41 | €39,485 | €158,308 | +€118,823 | +300.9% |
| Cash at bank and in hand | 54/58 | €47,261 | €55,269 | +€8,008 | +16.9% |
| Deferred charges and accrued income | 490/1 | - | €24,536 | +€24,536 | |
| Total equity and liabilities | 10/49 | €270,365 | €422,515 | +€152,150 | +56.3% |
| Equity | 10/15 | €241,726 | €278,556 | +€36,830 | +15.2% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €182,426 | €219,256 | +€36,830 | +20.2% |
| 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 | €180,566 | €217,396 | +€36,830 | +20.4% |
| Profit (loss) carried forward | 14 | €53,100 | €53,100 | = | 0.0% |
| Amounts payable | 17/49 | €28,639 | €143,959 | +€115,320 | +402.7% |
| Amounts payable within one year | 42/48 | €28,639 | €143,959 | +€115,320 | +402.7% |
| Current portion of amounts payable after more than one year | 42 | €4,415 | €5,000 | +€585 | +13.3% |
| Trade debts | 44 | - | €37,933 | +€37,933 | |
| Suppliers | 440/4 | - | €37,933 | +€37,933 | |
| Taxes, remuneration and social security | 45 | €24,225 | €37,399 | +€13,174 | +54.4% |
| Taxes | 450/3 | €24,225 | €37,399 | +€13,174 | +54.4% |
| Other amounts payable | 47/48 | - | €63,628 | +€63,628 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,961 | €10,144 | -€2,817 | -21.7% |
| Other operating charges | 640/8 | €23,678 | €232 | -€23,446 | -99.0% |
| Gross operating margin | 9900 | €122,566 | €149,040 | +€26,474 | +21.6% |
| Operating profit (loss) | 9901 | €85,926 | €138,664 | +€52,738 | +61.4% |
| Financial charges | 65/66B | €1,754 | €1,994 | +€241 | +13.7% |
| Recurring financial charges | 65 | €1,754 | €1,994 | +€241 | +13.7% |
| Profit (loss) for the period before taxes | 9903 | €84,172 | €136,670 | +€52,497 | +62.4% |
| Income taxes | 67/77 | €26,277 | €60,533 | +€34,255 | +130.4% |
| Profit (loss) for the period | 9904 | €57,895 | €76,137 | +€18,242 | +31.5% |
| Profit (loss) for the period to be appropriated | 9905 | €57,895 | €76,137 | +€18,242 | +31.5% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.