CUSTODECO: 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.
CUSTODECO
Largest movements
- Receivables within one year +€137,705
up €137,705 (+173.2%), from €79,491 to €217,196
of which Trade receivables: +€142,241
- Cash -€17,665
down €17,665 (-48.5%), from €36,392 to €18,727
mainly Receivables within one year (-€137,705) and Tax, wage and social debts (-€7,637)
- Deferred charges and accrued income -€16,000
down €16,000 (-100.0%), from €16,000 to €0
- Intangible fixed assets -€3,044
down €3,044 (-14.9%), from €20,476 to €17,432
- Trade debts +€93,217
up €93,217 (+208.3%), from €44,761 to €137,978
- Reserves +€10,917
up €10,917 (+18.4%), from €59,203 to €70,120
of which Distributable reserves: +€10,917
- Tax, wage and social debts -€7,637
down €7,637 (-25.3%), from €30,181 to €22,544
of which Taxes: -€7,637
- Accrued charges and deferred income +€4,500
new in 2025: €4,500
- Financial charges +€65,586
up €65,586 (+138.2%), from €47,463 to €113,049
- Gross operating margin +€45,251
up €45,251 (+50.6%), from €89,433 to €134,684
- Taxes +€8,271
up €8,271, from -€716 to €7,555
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 | €152,696 | €253,692 | +€100,996 | +66.1% |
| Fixed assets | 21/28 | €20,813 | €17,770 | -€3,044 | -14.6% |
| Intangible fixed assets | 21 | €20,476 | €17,432 | -€3,044 | -14.9% |
| Financial fixed assets | 28 | €337 | €337 | = | 0.0% |
| Current assets | 29/58 | €131,882 | €235,923 | +€104,040 | +78.9% |
| Amounts receivable within one year | 40/41 | €79,491 | €217,196 | +€137,705 | +173.2% |
| Trade receivables | 40 | €54,779 | €197,020 | +€142,241 | +259.7% |
| Other amounts receivable | 41 | €24,711 | €20,175 | -€4,536 | -18.4% |
| Cash at bank and in hand | 54/58 | €36,392 | €18,727 | -€17,665 | -48.5% |
| Deferred charges and accrued income | 490/1 | €16,000 | €0 | -€16,000 | -100.0% |
| Total equity and liabilities | 10/49 | €152,696 | €253,692 | +€100,996 | +66.1% |
| Equity | 10/15 | €77,753 | €88,670 | +€10,917 | +14.0% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Reserves | 13 | €59,203 | €70,120 | +€10,917 | +18.4% |
| Non-distributable reserves | 130/1 | €1,855 | €1,855 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,855 | €1,855 | = | 0.0% |
| Tax-exempt reserves | 132 | €25,000 | €25,000 | = | 0.0% |
| Distributable reserves | 133 | €32,348 | €43,265 | +€10,917 | +33.7% |
| Profit (loss) carried forward | 14 | €0 | - | = | |
| Amounts payable | 17/49 | €74,943 | €165,023 | +€90,080 | +120.2% |
| Amounts payable within one year | 42/48 | €74,943 | €160,523 | +€85,580 | +114.2% |
| Trade debts | 44 | €44,761 | €137,978 | +€93,217 | +208.3% |
| Suppliers | 440/4 | €44,761 | €137,978 | +€93,217 | +208.3% |
| Taxes, remuneration and social security | 45 | €30,181 | €22,544 | -€7,637 | -25.3% |
| Taxes | 450/3 | €30,181 | €22,544 | -€7,637 | -25.3% |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Accrued charges and deferred income | 492/3 | - | €4,500 | +€4,500 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,044 | €3,044 | = | 0.0% |
| Other operating charges | 640/8 | €489 | €120 | -€370 | -75.5% |
| Gross operating margin | 9900 | €89,433 | €134,684 | +€45,251 | +50.6% |
| Operating profit (loss) | 9901 | €85,900 | €131,521 | +€45,621 | +53.1% |
| Financial charges | 65/66B | €47,463 | €113,049 | +€65,586 | +138.2% |
| Recurring financial charges | 65 | €47,463 | €113,049 | +€65,586 | +138.2% |
| Profit (loss) for the period before taxes | 9903 | €38,437 | €18,472 | -€19,965 | -51.9% |
| Income taxes | 67/77 | -€716 | €7,555 | +€8,271 | |
| Profit (loss) for the period | 9904 | €39,154 | €10,917 | -€28,237 | -72.1% |
| Profit (loss) for the period to be appropriated | 9905 | €39,154 | €10,917 | -€28,237 | -72.1% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.