EUTRACO 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.
EUTRACO CUSTOMS
Largest movements
- Cash +€156,345
up €156,345 (+1,264%), from €12,374 to €168,719
mainly Net result for the year (+€161,046) and Tax, wage and social debts (+€149,887)
- Receivables within one year +€66,028
up €66,028 (+4.5%), from €1.5m to €1.5m
of which Other amounts receivable: +€80,426
- Formation expenses -€63,416
down €63,416 (-33.3%), from €190,250 to €126,834
- Profit (loss) carried forward +€161,046
up €161,046 (+120%), from €134,024 to €295,071
- Trade debts -€155,961
down €155,961 (-39.6%), from €393,738 to €237,777
- Tax, wage and social debts +€149,887
up €149,887 (+68.2%), from €219,932 to €369,819
of which Taxes: +€137,911
- Gross operating margin +€196,540
up €196,540 (+67.1%), from €293,046 to €489,587
- Staff costs +€40,455
up €40,455 (+37.4%), from €108,202 to €148,658
- Taxes +€29,480
up €29,480 (+99.8%), from €29,534 to €59,014
- Write-downs +€13,870
up €13,870 (+813%), from €1,707 to €15,577
- Financial income -€6,449
down €6,449 (-91.0%), from €7,090 to €641
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 | €1,697,694 | €1,852,666 | +€154,972 | +9.1% |
| Formation expenses | 20 | €190,250 | €126,834 | -€63,416 | -33.3% |
| Fixed assets | 21/28 | €23,062 | €19,696 | -€3,366 | -14.6% |
| Intangible fixed assets | 21 | €6,704 | €6,884 | +€179 | +2.7% |
| Tangible fixed assets | 22/27 | €9,008 | €5,463 | -€3,545 | -39.4% |
| Furniture and vehicles | 24 | €9,008 | €5,463 | -€3,545 | -39.4% |
| Financial fixed assets | 28 | €7,350 | €7,350 | = | 0.0% |
| Current assets | 29/58 | €1,484,382 | €1,706,136 | +€221,754 | +14.9% |
| Amounts receivable within one year | 40/41 | €1,471,388 | €1,537,417 | +€66,028 | +4.5% |
| Trade receivables | 40 | €1,256,978 | €1,242,581 | -€14,398 | -1.1% |
| Other amounts receivable | 41 | €214,410 | €294,836 | +€80,426 | +37.5% |
| Cash at bank and in hand | 54/58 | €12,374 | €168,719 | +€156,345 | +1,264% |
| Deferred charges and accrued income | 490/1 | €620 | €0 | -€620 | -100% |
| Total equity and liabilities | 10/49 | €1,697,694 | €1,852,666 | +€154,972 | +9.1% |
| Equity | 10/15 | €1,084,024 | €1,245,071 | +€161,046 | +14.9% |
| Contributions | 10/11 | €950,000 | €950,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €134,024 | €295,071 | +€161,046 | +120% |
| Amounts payable | 17/49 | €613,670 | €607,596 | -€6,074 | -1.0% |
| Amounts payable within one year | 42/48 | €613,670 | €607,596 | -€6,074 | -1.0% |
| Trade debts | 44 | €393,738 | €237,777 | -€155,961 | -39.6% |
| Suppliers | 440/4 | €393,738 | €237,777 | -€155,961 | -39.6% |
| Taxes, remuneration and social security | 45 | €219,932 | €369,819 | +€149,887 | +68.2% |
| Taxes | 450/3 | €197,536 | €335,447 | +€137,911 | +69.8% |
| Remuneration and social security | 454/9 | €22,396 | €34,371 | +€11,976 | +53.5% |
| Remuneration, social security and pensions | 62 | €108,202 | €148,658 | +€40,455 | +37.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €70,156 | €70,467 | +€311 | +0.4% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €1,707 | €15,577 | +€13,870 | +813% |
| Other operating charges | 640/8 | €11,507 | €16,874 | +€5,367 | +46.6% |
| Gross operating margin | 9900 | €293,046 | €489,587 | +€196,540 | +67.1% |
| Operating profit (loss) | 9901 | €101,474 | €238,012 | +€136,538 | +135% |
| Financial income | 75/76B | €7,090 | €641 | -€6,449 | -91.0% |
| Recurring financial income | 75 | €7,090 | €641 | -€6,449 | -91.0% |
| Financial charges | 65/66B | €13,488 | €18,592 | +€5,104 | +37.8% |
| Recurring financial charges | 65 | €13,488 | €18,592 | +€5,104 | +37.8% |
| Profit (loss) for the period before taxes | 9903 | €95,076 | €220,060 | +€124,985 | +131% |
| Income taxes | 67/77 | €29,534 | €59,014 | +€29,480 | +99.8% |
| Profit (loss) for the period | 9904 | €65,542 | €161,046 | +€95,505 | +146% |
| Profit (loss) for the period to be appropriated | 9905 | €65,542 | €161,046 | +€95,505 | +146% |
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 20 October 2026 via checked.be.