Custom Exhaust: 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.
Custom Exhaust
Largest movements
- Tangible fixed assets +€22,769
up €22,769 (+214%), from €10,642 to €33,411
of which Furniture and vehicles: +€25,897
- Cash -€14,508
down €14,508 (-75.5%), from €19,219 to €4,711
mainly Investment in fixed assets (net) (-€27,227) and Receivables within one year (-€7,527)
- Stocks and contracts -€11,292
down €11,292 (-10.1%), from €112,120 to €100,828
- Receivables within one year +€7,527
up €7,527 (+61.7%), from €12,201 to €19,728
of which Other amounts receivable: +€8,385
- Reserves +€4,642
up €4,642 (+14.1%), from €32,915 to €37,557
of which Distributable reserves: +€4,642
- Gross operating margin +€17,950
up €17,950, from -€6,826 to €11,124
- Financial charges +€858
up €858 (+120%), from €717 to €1,575
- Financial income -€470
down €470 (-74.6%), from €630 to €160
- Taxes +€296
up €296 (+177%), from €168 to €464
- Other operating charges -€213
down €213 (-59.7%), from €358 to €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.
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 | €154,290 | €158,678 | +€4,388 | +2.8% |
| Fixed assets | 21/28 | €10,642 | €33,411 | +€22,769 | +214% |
| Tangible fixed assets | 22/27 | €10,642 | €33,411 | +€22,769 | +214% |
| Land and buildings | 22 | €2,113 | €1,606 | -€507 | -24.0% |
| Plant, machinery and equipment | 23 | €4,914 | €2,293 | -€2,621 | -53.3% |
| Furniture and vehicles | 24 | €3,616 | €29,513 | +€25,897 | +716% |
| Current assets | 29/58 | €143,648 | €125,267 | -€18,381 | -12.8% |
| Stocks and contracts in progress | 3 | €112,120 | €100,828 | -€11,292 | -10.1% |
| Stocks | 30/36 | €112,120 | €100,828 | -€11,292 | -10.1% |
| Amounts receivable within one year | 40/41 | €12,201 | €19,728 | +€7,527 | +61.7% |
| Trade receivables | 40 | €2,343 | €1,485 | -€858 | -36.6% |
| Other amounts receivable | 41 | €9,858 | €18,243 | +€8,385 | +85.1% |
| Cash at bank and in hand | 54/58 | €19,219 | €4,711 | -€14,508 | -75.5% |
| Deferred charges and accrued income | 490/1 | €109 | €0 | -€109 | -100% |
| Total equity and liabilities | 10/49 | €154,290 | €158,678 | +€4,388 | +2.8% |
| Equity | 10/15 | €152,099 | €156,742 | +€4,642 | +3.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €32,915 | €37,557 | +€4,642 | +14.1% |
| Tax-exempt reserves | 132 | €750 | €750 | = | 0.0% |
| Distributable reserves | 133 | €32,165 | €36,807 | +€4,642 | +14.4% |
| Profit (loss) carried forward | 14 | €100,584 | €100,584 | = | 0.0% |
| Amounts payable | 17/49 | €2,191 | €1,936 | -€255 | -11.6% |
| Amounts payable within one year | 42/48 | €1,538 | €1,936 | +€398 | +25.9% |
| Trade debts | 44 | €718 | €652 | -€66 | -9.2% |
| Suppliers | 440/4 | €718 | €652 | -€66 | -9.2% |
| Advances received on contracts in progress | 46 | €166 | €166 | = | 0.0% |
| Taxes, remuneration and social security | 45 | €654 | €1,118 | +€464 | +71.0% |
| Taxes | 450/3 | €654 | €1,118 | +€464 | +71.0% |
| Other amounts payable | 47/48 | €0 | - | = | |
| Accrued charges and deferred income | 492/3 | €653 | €0 | -€653 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,479 | €4,458 | -€21 | -0.5% |
| Other operating charges | 640/8 | €358 | €144 | -€213 | -59.7% |
| Non-recurring operating charges | 66A | €6,563 | €0 | -€6,563 | -100% |
| Gross operating margin | 9900 | -€6,826 | €11,124 | +€17,950 | |
| Operating profit (loss) | 9901 | -€18,226 | €6,522 | +€24,748 | |
| Financial income | 75/76B | €630 | €160 | -€470 | -74.6% |
| Recurring financial income | 75 | €630 | €160 | -€470 | -74.6% |
| Financial charges | 65/66B | €717 | €1,575 | +€858 | +120% |
| Recurring financial charges | 65 | €717 | €1,575 | +€858 | +120% |
| Profit (loss) for the period before taxes | 9903 | -€18,312 | €5,107 | +€23,419 | |
| Income taxes | 67/77 | €168 | €464 | +€296 | +177% |
| Profit (loss) for the period | 9904 | -€18,480 | €4,642 | +€23,122 | |
| Profit (loss) for the period to be appropriated | 9905 | -€18,480 | €4,642 | +€23,122 |
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 18 October 2026 via checked.be.