ES CUSTOMS: 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.
What changed
ES CUSTOMS
NACE 52.250, Logistics services
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€255,068
2024 · €369,721-€114,654
Equity
€498,862
2024 · €1.0m-€544,932
Cash
€1.2m
2024 · €1.0m+€145,878
Balance sheet total
€2.0m
2024 · €2.8m-€776,220
Largest movements
Assets
- Receivables after one year -€875,000
down €875,000 (-100%), from €875,000 to €0
- Cash +€145,878
up €145,878 (+14.4%), from €1.0m to €1.2m
mainly Receivables after one year (+€875,000) and Net result for the year (+€255,068)
- Current investments -€108,940
down €108,940 (-26.9%), from €404,611 to €295,670
- Receivables within one year +€40,669
up €40,669 (+8.0%), from €510,656 to €551,325
of which Other amounts receivable: +€34,057
Equity and liabilities
- Profit (loss) carried forward -€544,932
down €544,932 (-64.1%), from €849,735 to €304,802
- Other debts -€271,915
down €271,915 (-19.5%), from €1.4m to €1.1m
Income statement
- Gross operating margin -€100,814
down €100,814 (-8.6%), from €1.2m to €1.1m
- Taxes -€70,340
down €70,340 (-45.7%), from €153,988 to €83,649
- Staff costs +€68,016
up €68,016 (+10.4%), from €652,798 to €720,814
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.
Result 2024
€369,721
Gross operating margin
-€100,814
Staff costs
-€68,016
Depreciation
-€4,791
Write-downs
-€1,970
Other operating charges
-€7,151
Financial income
+€4,239
Financial charges
-€6,490
Taxes
+€70,340
Result 2025
€255,068
raises the resultlowers the result
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.
From operations
+€867,474
Investment
+€78,404
Financing
-€800,000
Cash 2024
€1.0m
From operations (derived)
+€867,474
Net result for the year
+€255,068
Depreciation
+€7,830
Receivables after one year
+€875,000
Receivables within one year
-€40,669
Deferred charges and accrued income
+€1,532
Trade debts
+€11,005
Tax, wage and social debts
+€14,687
Other debts
-€271,915
Accrued charges and deferred income
+€14,937
Investment (derived)
+€78,404
Investment in fixed assets (net)
-€30,536
Current investments
+€108,940
Financing
-€800,000
Contributions, distributions and other
-€800,000
Cash 2025
€1.2m
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €2,825,473 | €2,049,253 | -€776,220 | -27.5% |
| Fixed assets | 21/28 | €6,502 | €29,208 | +€22,706 | +349% |
| Tangible fixed assets | 22/27 | €6,502 | €29,208 | +€22,706 | +349% |
| Plant, machinery and equipment | 23 | - | €3,054 | +€3,054 | |
| Furniture and vehicles | 24 | €6,502 | €26,153 | +€19,652 | +302% |
| Current assets | 29/58 | €2,818,971 | €2,020,045 | -€798,926 | -28.3% |
| Amounts receivable after more than one year | 29 | €875,000 | €0 | -€875,000 | -100% |
| Other amounts receivable | 291 | €875,000 | €0 | -€875,000 | -100% |
| Amounts receivable within one year | 40/41 | €510,656 | €551,325 | +€40,669 | +8.0% |
| Trade receivables | 40 | €221,505 | €228,117 | +€6,612 | +3.0% |
| Other amounts receivable | 41 | €289,150 | €323,207 | +€34,057 | +11.8% |
| Current investments | 50/53 | €404,611 | €295,670 | -€108,940 | -26.9% |
| Cash at bank and in hand | 54/58 | €1,014,416 | €1,160,294 | +€145,878 | +14.4% |
| Deferred charges and accrued income | 490/1 | €14,289 | €12,756 | -€1,532 | -10.7% |
| Total equity and liabilities | 10/49 | €2,825,473 | €2,049,253 | -€776,220 | -27.5% |
| Equity | 10/15 | €1,043,795 | €498,862 | -€544,932 | -52.2% |
| Contributions | 10/11 | €92,629 | €92,629 | = | 0.0% |
| Capital | 10 | €92,629 | €92,629 | = | 0.0% |
| Issued capital | 100 | €92,629 | €92,629 | = | 0.0% |
| Reserves | 13 | €101,431 | €101,431 | = | 0.0% |
| Non-distributable reserves | 130/1 | €17,231 | €17,231 | = | 0.0% |
| Legal reserve | 130 | €17,231 | €17,231 | = | 0.0% |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Tax-exempt reserves | 132 | €84,200 | €0 | -€84,200 | -100% |
| Distributable reserves | 133 | - | €84,200 | +€84,200 | |
| Profit (loss) carried forward | 14 | €849,735 | €304,802 | -€544,932 | -64.1% |
| Provisions and deferred taxes | 16 | €200,000 | €200,000 | = | 0.0% |
| Provisions for liabilities and charges | 160/5 | €200,000 | €200,000 | = | 0.0% |
| Other liabilities and charges | 164/5 | €200,000 | €200,000 | = | 0.0% |
| Amounts payable | 17/49 | €1,581,678 | €1,350,391 | -€231,287 | -14.6% |
| Amounts payable after more than one year | 17 | €0 | - | = | |
| Other amounts payable | 178/9 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €1,581,621 | €1,335,397 | -€246,224 | -15.6% |
| Trade debts | 44 | €86,880 | €97,884 | +€11,005 | +12.7% |
| Suppliers | 440/4 | €86,880 | €97,884 | +€11,005 | +12.7% |
| Taxes, remuneration and social security | 45 | €102,340 | €117,026 | +€14,687 | +14.4% |
| Taxes | 450/3 | €19,095 | €21,493 | +€2,398 | +12.6% |
| Remuneration and social security | 454/9 | €83,245 | €95,533 | +€12,289 | +14.8% |
| Other amounts payable | 47/48 | €1,392,401 | €1,120,486 | -€271,915 | -19.5% |
| Accrued charges and deferred income | 492/3 | €57 | €14,994 | +€14,937 | +26,018% |
| Remuneration, social security and pensions | 62 | €652,798 | €720,814 | +€68,016 | +10.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,039 | €7,830 | +€4,791 | +158% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €1,970 | +€1,970 | |
| Other operating charges | 640/8 | €3,777 | €10,928 | +€7,151 | +189% |
| Gross operating margin | 9900 | €1,173,193 | €1,072,379 | -€100,814 | -8.6% |
| Operating profit (loss) | 9901 | €513,579 | €330,837 | -€182,742 | -35.6% |
| Financial income | 75/76B | €14,658 | €18,897 | +€4,239 | +28.9% |
| Recurring financial income | 75 | €14,658 | €18,897 | +€4,239 | +28.9% |
| Financial charges | 65/66B | €4,527 | €11,017 | +€6,490 | +143% |
| Recurring financial charges | 65 | €4,527 | €11,017 | +€6,490 | +143% |
| Profit (loss) for the period before taxes | 9903 | €523,710 | €338,716 | -€184,993 | -35.3% |
| Income taxes | 67/77 | €153,988 | €83,649 | -€70,340 | -45.7% |
| Profit (loss) for the period | 9904 | €369,721 | €255,068 | -€114,654 | -31.0% |
| Transfer from tax-exempt reserves | 789 | - | €84,200 | +€84,200 | |
| Profit (loss) for the period to be appropriated | 9905 | €369,721 | €339,268 | -€30,454 | -8.2% |
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 14 October 2026 via checked.be.