LIQUIDS CUSTOMS SERVICES: 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.
LIQUIDS CUSTOMS SERVICES
Largest movements
- Cash +€3.5m
up €3.5m (+71.6%), from €4.9m to €8.3m
mainly Accrued charges and deferred income (+€3.3m) and Net result for the year (+€1.8m)
- Receivables within one year +€1.2m
up €1.2m (+62.8%), from €1.9m to €3.1m
of which Trade receivables: +€1.2m
- Accrued charges and deferred income +€3.3m
up €3.3m (+148%), from €2.2m to €5.5m
- Profit (loss) carried forward +€1.8m
up €1.8m (+82.8%), from €2.2m to €4.0m
- Trade debts -€360,720
down €360,720 (-37.7%), from €956,094 to €595,374
- Staff costs -€372,869
down €372,869 (-16.1%), from €2.3m to €1.9m
- Taxes +€71,589
up €71,589 (+12.7%), from €563,675 to €635,264
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 | €6,860,355 | €11,566,221 | +€4.7m | +68.6% |
| Fixed assets | 21/28 | €80,376 | €46,438 | -€33,938 | -42.2% |
| Tangible fixed assets | 22/27 | €80,376 | €46,438 | -€33,938 | -42.2% |
| Land and buildings | 22 | €12,908 | €11,009 | -€1,899 | -14.7% |
| Furniture and vehicles | 24 | €67,468 | €35,429 | -€32,039 | -47.5% |
| Current assets | 29/58 | €6,779,979 | €11,519,783 | +€4.7m | +69.9% |
| Amounts receivable within one year | 40/41 | €1,909,973 | €3,110,177 | +€1.2m | +62.8% |
| Trade receivables | 40 | €1,799,403 | €2,986,116 | +€1.2m | +66.0% |
| Other amounts receivable | 41 | €110,570 | €124,061 | +€13,491 | +12.2% |
| Cash at bank and in hand | 54/58 | €4,863,028 | €8,343,185 | +€3.5m | +71.6% |
| Deferred charges and accrued income | 490/1 | €6,978 | €66,421 | +€59,443 | +852% |
| Total equity and liabilities | 10/49 | €6,860,355 | €11,566,221 | +€4.7m | +68.6% |
| Equity | 10/15 | €3,291,506 | €5,105,440 | +€1.8m | +55.1% |
| Contributions | 10/11 | €1,000,000 | €1,000,000 | = | 0.0% |
| Capital | 10 | €1,000,000 | €1,000,000 | = | 0.0% |
| Issued capital | 100 | €1,000,000 | €1,000,000 | = | 0.0% |
| Reserves | 13 | €100,000 | €100,000 | = | 0.0% |
| Non-distributable reserves | 130/1 | €100,000 | €100,000 | = | 0.0% |
| Legal reserve | 130 | €100,000 | €100,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €2,191,506 | €4,005,440 | +€1.8m | +82.8% |
| Amounts payable | 17/49 | €3,568,849 | €6,460,781 | +€2.9m | +81.0% |
| Amounts payable within one year | 42/48 | €1,333,194 | €913,132 | -€420,062 | -31.5% |
| Trade debts | 44 | €956,094 | €595,374 | -€360,720 | -37.7% |
| Suppliers | 440/4 | €956,094 | €595,374 | -€360,720 | -37.7% |
| Taxes, remuneration and social security | 45 | €377,100 | €317,758 | -€59,342 | -15.7% |
| Taxes | 450/3 | €109,912 | €95,463 | -€14,449 | -13.1% |
| Remuneration and social security | 454/9 | €267,188 | €222,295 | -€44,893 | -16.8% |
| Accrued charges and deferred income | 492/3 | €2,235,655 | €5,547,649 | +€3.3m | +148% |
| Remuneration, social security and pensions | 62 | €2,321,623 | €1,948,754 | -€372,869 | -16.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €54,335 | €33,938 | -€20,397 | -37.5% |
| Other operating charges | 640/8 | €60,402 | €35,396 | -€25,006 | -41.4% |
| Gross operating margin | 9900 | €4,403,500 | €4,409,858 | +€6,358 | +0.1% |
| Operating profit (loss) | 9901 | €1,967,140 | €2,391,770 | +€424,630 | +21.6% |
| Financial income | 75/76B | €82,144 | €96,940 | +€14,796 | +18.0% |
| Recurring financial income | 75 | €82,144 | €96,940 | +€14,796 | +18.0% |
| Financial charges | 65/66B | €52,768 | €39,512 | -€13,256 | -25.1% |
| Recurring financial charges | 65 | €47,462 | €39,512 | -€7,950 | -16.8% |
| Non-recurring financial charges | 66B | €5,306 | - | -€5,306 | |
| Profit (loss) for the period before taxes | 9903 | €1,996,516 | €2,449,198 | +€452,682 | +22.7% |
| Income taxes | 67/77 | €563,675 | €635,264 | +€71,589 | +12.7% |
| Profit (loss) for the period | 9904 | €1,432,841 | €1,813,934 | +€381,093 | +26.6% |
| Profit (loss) for the period to be appropriated | 9905 | €1,432,841 | €1,813,934 | +€381,093 | +26.6% |
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 30 October 2026 via checked.be.