Customs Verraets: 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.
Customs Verraets
Largest movements
- Tangible fixed assets +€95,337
up €95,337 (+35.3%), from €269,976 to €365,313
of which Land and buildings: +€113,645
- Cash +€44,238
up €44,238 (+30.0%), from €147,675 to €191,913
mainly Net result for the year (+€90,300) and Trade debts (+€71,842)
- Receivables within one year +€25,508
up €25,508 (+27.0%), from €94,307 to €119,815
of which Trade receivables: +€24,028
- Financial fixed assets +€16,800
up €16,800 (+336%), from €5,000 to €21,800
- Profit (loss) carried forward +€82,621
up €82,621 (+29.3%), from €281,659 to €364,280
- Trade debts +€71,842
up €71,842 (+1,518%), from €4,734 to €76,576
- Other debts +€46,949
up €46,949 (+49.1%), from €95,668 to €142,617
- Tax, wage and social debts -€10,434
down €10,434 (-53.5%), from €19,497 to €9,063
of which Taxes: -€12,297
- Depreciation +€16,115
up €16,115 (+83.0%), from €19,410 to €35,525
- Staff costs +€13,961
up €13,961 (+46.6%), from €29,954 to €43,915
- Taxes -€9,354
down €9,354 (-28.6%), from €32,650 to €23,296
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 | €518,959 | €703,723 | +€184,764 | +35.6% |
| Fixed assets | 21/28 | €274,976 | €387,113 | +€112,137 | +40.8% |
| Tangible fixed assets | 22/27 | €269,976 | €365,313 | +€95,337 | +35.3% |
| Land and buildings | 22 | €226,551 | €340,195 | +€113,645 | +50.2% |
| Furniture and vehicles | 24 | €43,426 | €25,118 | -€18,308 | -42.2% |
| Financial fixed assets | 28 | €5,000 | €21,800 | +€16,800 | +336% |
| Current assets | 29/58 | €243,982 | €316,610 | +€72,628 | +29.8% |
| Amounts receivable within one year | 40/41 | €94,307 | €119,815 | +€25,508 | +27.0% |
| Trade receivables | 40 | €89,243 | €113,271 | +€24,028 | +26.9% |
| Other amounts receivable | 41 | €5,064 | €6,544 | +€1,480 | +29.2% |
| Current investments | 50/53 | €2,000 | €3,500 | +€1,500 | +75.0% |
| Cash at bank and in hand | 54/58 | €147,675 | €191,913 | +€44,238 | +30.0% |
| Deferred charges and accrued income | 490/1 | - | €1,382 | +€1,382 | |
| Total equity and liabilities | 10/49 | €518,959 | €703,723 | +€184,764 | +35.6% |
| Equity | 10/15 | €291,601 | €374,222 | +€82,621 | +28.3% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €4,942 | €4,942 | = | 0.0% |
| Distributable reserves | 133 | €4,942 | €4,942 | = | 0.0% |
| Profit (loss) carried forward | 14 | €281,659 | €364,280 | +€82,621 | +29.3% |
| Amounts payable | 17/49 | €227,358 | €329,502 | +€102,144 | +44.9% |
| Amounts payable after more than one year | 17 | €100,750 | €94,768 | -€5,982 | -5.9% |
| Financial debts | 170/4 | €100,750 | €94,768 | -€5,982 | -5.9% |
| Amounts payable within one year | 42/48 | €125,678 | €234,260 | +€108,582 | +86.4% |
| Current portion of amounts payable after more than one year | 42 | €5,779 | €6,004 | +€225 | +3.9% |
| Trade debts | 44 | €4,734 | €76,576 | +€71,842 | +1,518% |
| Suppliers | 440/4 | €4,734 | €76,576 | +€71,842 | +1,518% |
| Taxes, remuneration and social security | 45 | €19,497 | €9,063 | -€10,434 | -53.5% |
| Taxes | 450/3 | €15,286 | €2,989 | -€12,297 | -80.4% |
| Remuneration and social security | 454/9 | €4,211 | €6,074 | +€1,863 | +44.2% |
| Other amounts payable | 47/48 | €95,668 | €142,617 | +€46,949 | +49.1% |
| Accrued charges and deferred income | 492/3 | €930 | €473 | -€457 | -49.1% |
| Remuneration, social security and pensions | 62 | €29,954 | €43,915 | +€13,961 | +46.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €19,410 | €35,525 | +€16,115 | +83.0% |
| Other operating charges | 640/8 | €1,887 | €1,770 | -€117 | -6.2% |
| Non-recurring operating charges | 66A | - | €1,836 | +€1,836 | |
| Gross operating margin | 9900 | €204,156 | €204,514 | +€358 | +0.2% |
| Operating profit (loss) | 9901 | €152,905 | €121,467 | -€31,437 | -20.6% |
| Financial income | 75/76B | €453 | €981 | +€528 | +117% |
| Recurring financial income | 75 | €453 | €981 | +€528 | +117% |
| Financial charges | 65/66B | €8,194 | €8,852 | +€657 | +8.0% |
| Recurring financial charges | 65 | €8,194 | €8,852 | +€657 | +8.0% |
| Profit (loss) for the period before taxes | 9903 | €145,163 | €113,596 | -€31,567 | -21.7% |
| Income taxes | 67/77 | €32,650 | €23,296 | -€9,354 | -28.6% |
| Profit (loss) for the period | 9904 | €112,514 | €90,300 | -€22,213 | -19.7% |
| Profit (loss) for the period to be appropriated | 9905 | €112,514 | €90,300 | -€22,213 | -19.7% |
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 15 October 2026 via checked.be.