CUSTODIA: 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.
CUSTODIA
Largest movements
- Current investments +€1.0m
new in 2025: €1.0m
- Cash -€575,303
down €575,303 (-46.9%), from €1.2m to €652,161
mainly Current investments (-€1.0m) and Debts after one year (-€76,567)
- Intangible fixed assets -€147,684
down €147,684 (-37.7%), from €391,982 to €244,298
- Tangible fixed assets -€74,363
down €74,363 (-22.6%), from €329,508 to €255,145
- Receivables within one year +€53,643
up €53,643 (+98.9%), from €54,222 to €107,865
of which Other amounts receivable: +€52,662
- Reserves +€358,510
up €358,510 (+20.3%), from €1.8m to €2.1m
of which Distributable reserves: +€358,510
- Debts after one year -€76,567
down €76,567 (-82.2%), from €93,134 to €16,567
- Current portion of long-term debt -€31,715
down €31,715 (-29.3%), from €108,282 to €76,567
- Gross operating margin +€178,321
up €178,321 (+22.0%), from €811,924 to €990,245
- Staff costs +€32,563
up €32,563 (+10.2%), from €318,111 to €350,674
- Financial income -€28,057
down €28,057 (-24.0%), from €116,710 to €88,653
- Other operating charges +€19,368
up €19,368 (+383.1%), from €5,056 to €24,424
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 | €2,142,690 | €2,417,154 | +€274,465 | +12.8% |
| Fixed assets | 21/28 | €721,490 | €499,443 | -€222,047 | -30.8% |
| Intangible fixed assets | 21 | €391,982 | €244,298 | -€147,684 | -37.7% |
| Tangible fixed assets | 22/27 | €329,508 | €255,145 | -€74,363 | -22.6% |
| Plant, machinery and equipment | 23 | €11,580 | €8,516 | -€3,063 | -26.5% |
| Furniture and vehicles | 24 | €79,384 | €45,881 | -€33,503 | -42.2% |
| Other tangible fixed assets | 26 | €215,711 | €200,748 | -€14,963 | -6.9% |
| Assets under construction and advance payments | 27 | €22,833 | - | -€22,833 | |
| Current assets | 29/58 | €1,421,200 | €1,917,711 | +€496,511 | +34.9% |
| Amounts receivable after more than one year | 29 | €139,000 | €139,000 | = | 0.0% |
| Trade receivables | 290 | €139,000 | €139,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €54,222 | €107,865 | +€53,643 | +98.9% |
| Trade receivables | 40 | €11,070 | €12,051 | +€981 | +8.9% |
| Other amounts receivable | 41 | €43,152 | €95,814 | +€52,662 | +122.0% |
| Current investments | 50/53 | - | €1,018,141 | +€1.0m | |
| Cash at bank and in hand | 54/58 | €1,227,464 | €652,161 | -€575,303 | -46.9% |
| Deferred charges and accrued income | 490/1 | €513 | €544 | +€31 | +6.1% |
| Total equity and liabilities | 10/49 | €2,142,690 | €2,417,154 | +€274,465 | +12.8% |
| Equity | 10/15 | €1,865,605 | €2,224,115 | +€358,510 | +19.2% |
| Contributions | 10/11 | €100,000 | €100,000 | = | 0.0% |
| Reserves | 13 | €1,765,605 | €2,124,115 | +€358,510 | +20.3% |
| Tax-exempt reserves | 132 | €24 | €24 | = | 0.0% |
| Distributable reserves | 133 | €1,765,581 | €2,124,091 | +€358,510 | +20.3% |
| Amounts payable | 17/49 | €277,085 | €193,039 | -€84,045 | -30.3% |
| Amounts payable after more than one year | 17 | €93,134 | €16,567 | -€76,567 | -82.2% |
| Financial debts | 170/4 | €93,134 | €16,567 | -€76,567 | -82.2% |
| Amounts payable within one year | 42/48 | €183,951 | €176,472 | -€7,478 | -4.1% |
| Current portion of amounts payable after more than one year | 42 | €108,282 | €76,567 | -€31,715 | -29.3% |
| Trade debts | 44 | €6,188 | €9,652 | +€3,464 | +56.0% |
| Suppliers | 440/4 | €6,188 | €9,652 | +€3,464 | +56.0% |
| Taxes, remuneration and social security | 45 | €69,481 | €90,253 | +€20,773 | +29.9% |
| Taxes | 450/3 | €37,174 | €48,341 | +€11,168 | +30.0% |
| Remuneration and social security | 454/9 | €32,307 | €41,912 | +€9,605 | +29.7% |
| Non-recurring operating income | 76A | €2,534 | €4,350 | +€1,816 | +71.7% |
| Remuneration, social security and pensions | 62 | €318,111 | €350,674 | +€32,563 | +10.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €222,650 | €224,905 | +€2,255 | +1.0% |
| Other operating charges | 640/8 | €5,056 | €24,424 | +€19,368 | +383.1% |
| Gross operating margin | 9900 | €811,924 | €990,245 | +€178,321 | +22.0% |
| Operating profit (loss) | 9901 | €266,107 | €390,242 | +€124,135 | +46.6% |
| Financial income | 75/76B | €116,710 | €88,653 | -€28,057 | -24.0% |
| Recurring financial income | 75 | €116,710 | €88,653 | -€28,057 | -24.0% |
| Financial charges | 65/66B | €11,144 | €7,580 | -€3,564 | -32.0% |
| Recurring financial charges | 65 | €11,144 | €7,580 | -€3,564 | -32.0% |
| Profit (loss) for the period before taxes | 9903 | €371,673 | €471,314 | +€99,641 | +26.8% |
| Income taxes | 67/77 | €117,730 | €112,805 | -€4,926 | -4.2% |
| Profit (loss) for the period | 9904 | €253,943 | €358,510 | +€104,567 | +41.2% |
| Profit (loss) for the period to be appropriated | 9905 | €253,943 | €358,510 | +€104,567 | +41.2% |
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 12 October 2026 via checked.be.