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FG customs: what changed

Two fiscal 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

FG customs

BE 0751.554.911
NACE 52.250, Logistics services
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€20,741
2024 · €10,907+€9,834
Equity
€4,000
2024 · €21,093-€17,093
Cash
€92,801
2024 · €104,102-€11,302
Balance sheet total
€139,470
2024 · €153,165-€13,696

Largest movements

2024 to 2025
Assets
  • Cash -€11,302

    down €11,302 (-10.9%), from €104,102 to €92,801

    mainly Contributions, distributions and other (-€37,834) and Other debts (-€27,428)

  • Tangible fixed assets -€3,173

    down €3,173 (-43.6%), from €7,276 to €4,103

    of which Furniture and vehicles: -€2,990

Equity and liabilities
  • Trade debts +€31,892

    up €31,892 (+385.2%), from €8,280 to €40,172

  • Other debts -€27,428

    down €27,428 (-26.3%), from €104,095 to €76,668

  • Reserves -€17,093

    down €17,093 (-100.0%), from €17,093 to €0

  • Short-term financial debts +€5,499

    up €5,499 (+325.0%), from €1,692 to €7,191

  • Debts after one year -€4,921

    down €4,921 (-93.4%), from €5,271 to €350

Income statement
  • Gross operating margin +€34,164

    up €34,164 (+76.4%), from €44,726 to €78,890

  • Staff costs +€31,124

    up €31,124 (+223.5%), from €13,929 to €45,052

  • Financial income +€5,052

    up €5,052 (+1892.6%), from €267 to €5,319

  • Depreciation -€3,840

    down €3,840 (-54.8%), from €7,013 to €3,173

  • Taxes +€1,977

    up €1,977 (+38.5%), from €5,130 to €7,107

From the 2024 result to the 2025 result

effect on the 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 €10,907
Gross operating margin +€34,164
Staff costs -€31,124
Depreciation +€3,840
Write-downs -€320
Other operating charges -€14
Financial income +€5,052
Financial charges +€212
Taxes -€1,977
Result 2025 €20,741

Cash bridge derived

cash 2024 to 2025

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 +€29,083
Investment €0
Financing -€40,385
Cash 2024 €104,102
Net result for the year +€20,741
Depreciation +€3,173
Receivables within one year -€114
Deferred charges and accrued income -€665
Trade debts +€31,892
Tax, wage and social debts +€1,483
Other debts -€27,428
Debts after one year -€4,921
Current portion of long-term debt -€3,128
Short-term financial debts +€5,499
Contributions, distributions and other -€37,834
Cash 2025 €92,801
Every line side by side 45 lines
Line Code 2024 2025 Change %
Total assets 20/58 €153,165 €139,470 -€13,696 -8.9%
Fixed assets 21/28 €7,276 €4,103 -€3,173 -43.6%
Tangible fixed assets 22/27 €7,276 €4,103 -€3,173 -43.6%
Furniture and vehicles 24 €6,842 €3,852 -€2,990 -43.7%
Other tangible fixed assets 26 €434 €251 -€183 -42.2%
Current assets 29/58 €145,889 €135,366 -€10,523 -7.2%
Amounts receivable within one year 40/41 €25,839 €25,953 +€114 +0.4%
Trade receivables 40 €18,778 €16,143 -€2,634 -14.0%
Other amounts receivable 41 €7,062 €9,809 +€2,748 +38.9%
Cash at bank and in hand 54/58 €104,102 €92,801 -€11,302 -10.9%
Deferred charges and accrued income 490/1 €15,948 €16,613 +€665 +4.2%
Total equity and liabilities 10/49 €153,165 €139,470 -€13,696 -8.9%
Equity 10/15 €21,093 €4,000 -€17,093 -81.0%
Contributions 10/11 €4,000 €4,000 = 0.0%
Reserves 13 €17,093 €0 -€17,093 -100.0%
Distributable reserves 133 €17,093 €0 -€17,093 -100.0%
Profit (loss) carried forward 14 - €0 =
Amounts payable 17/49 €132,072 €135,470 +€3,397 +2.6%
Amounts payable after more than one year 17 €5,271 €350 -€4,921 -93.4%
Financial debts 170/4 €5,271 €350 -€4,921 -93.4%
Amounts payable within one year 42/48 €126,801 €135,120 +€8,319 +6.6%
Current portion of amounts payable after more than one year 42 €8,049 €4,921 -€3,128 -38.9%
Financial debts 43 €1,692 €7,191 +€5,499 +325.0%
Credit institutions 430/8 €1,692 €7,191 +€5,499 +325.0%
Trade debts 44 €8,280 €40,172 +€31,892 +385.2%
Suppliers 440/4 €8,280 €40,172 +€31,892 +385.2%
Taxes, remuneration and social security 45 €4,685 €6,168 +€1,483 +31.7%
Taxes 450/3 €2,752 €130 -€2,622 -95.3%
Remuneration and social security 454/9 €1,932 €6,037 +€4,105 +212.5%
Other amounts payable 47/48 €104,095 €76,668 -€27,428 -26.3%
Non-recurring operating income 76A €8,214 €0 -€8,214 -100.0%
Remuneration, social security and pensions 62 €13,929 €45,052 +€31,124 +223.5%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €7,013 €3,173 -€3,840 -54.8%
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) 631/4 - €320 +€320
Other operating charges 640/8 €1,153 €1,167 +€14 +1.2%
Gross operating margin 9900 €44,726 €78,890 +€34,164 +76.4%
Operating profit (loss) 9901 €22,631 €29,178 +€6,546 +28.9%
Financial income 75/76B €267 €5,319 +€5,052 +1892.6%
Recurring financial income 75 €267 €5,319 +€5,052 +1892.6%
Financial charges 65/66B €6,861 €6,649 -€212 -3.1%
Recurring financial charges 65 €6,861 €6,649 -€212 -3.1%
Profit (loss) for the period before taxes 9903 €16,038 €27,848 +€11,810 +73.6%
Income taxes 67/77 €5,130 €7,107 +€1,977 +38.5%
Profit (loss) for the period 9904 €10,907 €20,741 +€9,834 +90.2%
Profit (loss) for the period to be appropriated 9905 €10,907 €20,741 +€9,834 +90.2%

Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 September 2026 via checked.be.