SG 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.
SG Customs Services
Largest movements
- Current investments +€125,000
new in 2025: €125,000
- Deferred charges and accrued income -€8,288
down €8,288 (-79.5%), from €10,428 to €2,141
- Tangible fixed assets +€4,860
up €4,860 (+163%), from €2,986 to €7,847
of which Plant, machinery and equipment: +€5,333
- Reserves +€96,084
up €96,084 (+212%), from €45,254 to €141,337
- Tax, wage and social debts +€26,652
up €26,652 (+87.3%), from €30,545 to €57,197
- Trade debts -€2,734
down €2,734 (-40.8%), from €6,698 to €3,964
- Gross operating margin +€68,373
up €68,373 (+119%), from €57,509 to €125,882
- Taxes +€15,645
up €15,645 (+128%), from €12,188 to €27,833
- Depreciation +€1,391
up €1,391 (+4,134%), from €34 to €1,424
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 | €110,029 | €229,643 | +€119,614 | +109% |
| Fixed assets | 21/28 | €2,986 | €7,847 | +€4,860 | +163% |
| Tangible fixed assets | 22/27 | €2,986 | €7,847 | +€4,860 | +163% |
| Plant, machinery and equipment | 23 | €658 | €5,991 | +€5,333 | +810% |
| Furniture and vehicles | 24 | €2,328 | €1,856 | -€472 | -20.3% |
| Current assets | 29/58 | €107,043 | €221,797 | +€114,754 | +107% |
| Amounts receivable within one year | 40/41 | €46,644 | €45,980 | -€664 | -1.4% |
| Trade receivables | 40 | €46,644 | €45,980 | -€664 | -1.4% |
| Current investments | 50/53 | - | €125,000 | +€125,000 | |
| Cash at bank and in hand | 54/58 | €49,971 | €48,676 | -€1,295 | -2.6% |
| Deferred charges and accrued income | 490/1 | €10,428 | €2,141 | -€8,288 | -79.5% |
| Total equity and liabilities | 10/49 | €110,029 | €229,643 | +€119,614 | +109% |
| Equity | 10/15 | €60,254 | €156,337 | +€96,084 | +159% |
| Contributions | 10/11 | €15,000 | €15,000 | = | 0.0% |
| Reserves | 13 | €45,254 | €141,337 | +€96,084 | +212% |
| Distributable reserves | 133 | €45,254 | €141,337 | +€96,084 | +212% |
| Amounts payable | 17/49 | €49,775 | €73,306 | +€23,531 | +47.3% |
| Amounts payable within one year | 42/48 | €48,795 | €72,734 | +€23,938 | +49.1% |
| Trade debts | 44 | €6,698 | €3,964 | -€2,734 | -40.8% |
| Suppliers | 440/4 | €6,698 | €3,964 | -€2,734 | -40.8% |
| Taxes, remuneration and social security | 45 | €30,545 | €57,197 | +€26,652 | +87.3% |
| Taxes | 450/3 | €30,545 | €57,197 | +€26,652 | +87.3% |
| Other amounts payable | 47/48 | €11,552 | €11,572 | +€20 | +0.2% |
| Accrued charges and deferred income | 492/3 | €980 | €573 | -€407 | -41.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €34 | €1,424 | +€1,391 | +4,134% |
| Other operating charges | 640/8 | - | €251 | +€251 | |
| Gross operating margin | 9900 | €57,509 | €125,882 | +€68,373 | +119% |
| Operating profit (loss) | 9901 | €57,475 | €124,206 | +€66,730 | +116% |
| Financial income | 75/76B | - | €616 | +€616 | |
| Recurring financial income | 75 | - | €616 | +€616 | |
| Financial charges | 65/66B | €34 | €905 | +€871 | +2,561% |
| Recurring financial charges | 65 | €34 | €905 | +€871 | +2,561% |
| Profit (loss) for the period before taxes | 9903 | €57,441 | €123,916 | +€66,475 | +116% |
| Income taxes | 67/77 | €12,188 | €27,833 | +€15,645 | +128% |
| Profit (loss) for the period | 9904 | €45,254 | €96,084 | +€50,830 | +112% |
| Profit (loss) for the period to be appropriated | 9905 | €45,254 | €96,084 | +€50,830 | +112% |
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.