Z 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.
Z Customs
Largest movements
- Cash -€10,708
down €10,708 (-64.9%), from €16,492 to €5,785
mainly Net result for the year (-€12,924) and Trade debts (-€6,827)
- Receivables within one year -€6,857
down €6,857 (-37.7%), from €18,206 to €11,350
of which Trade receivables: -€7,000
- Deferred charges and accrued income -€593
down €593 (-86.3%), from €687 to €94
- Profit (loss) carried forward -€12,924
down €12,924 (-4.6%), from -€283,041 to -€295,965
- Trade debts -€6,827
down €6,827 (-3.8%), from €180,930 to €174,103
- Accrued charges and deferred income +€1,791
up €1,791 (+29.7%), from €6,040 to €7,831
- Gross operating margin +€19,675
up €19,675 (+71.6%), from -€27,475 to -€7,800
- Write-downs -€1,025
down €1,025, from €804 to -€221
- Financial charges +€405
up €405 (+39.3%), from €1,031 to €1,436
- Taxes -€356
no longer reported in 2024 (was €356)
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €35,385 | €17,228 | -€18,157 | -51.3% |
| Current assets | 29/58 | €35,385 | €17,228 | -€18,157 | -51.3% |
| Amounts receivable within one year | 40/41 | €18,206 | €11,350 | -€6,857 | -37.7% |
| Trade receivables | 40 | €18,178 | €11,178 | -€7,000 | -38.5% |
| Other amounts receivable | 41 | €28 | €171 | +€143 | +509% |
| Cash at bank and in hand | 54/58 | €16,492 | €5,785 | -€10,708 | -64.9% |
| Deferred charges and accrued income | 490/1 | €687 | €94 | -€593 | -86.3% |
| Total equity and liabilities | 10/49 | €35,385 | €17,228 | -€18,157 | -51.3% |
| Equity | 10/15 | -€167,113 | -€180,037 | -€12,924 | -7.7% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €53,928 | €53,928 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Distributable reserves | 133 | €47,728 | €47,728 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€283,041 | -€295,965 | -€12,924 | -4.6% |
| Amounts payable | 17/49 | €202,498 | €197,265 | -€5,233 | -2.6% |
| Amounts payable within one year | 42/48 | €196,458 | €189,434 | -€7,025 | -3.6% |
| Trade debts | 44 | €180,930 | €174,103 | -€6,827 | -3.8% |
| Suppliers | 440/4 | €180,930 | €174,103 | -€6,827 | -3.8% |
| Taxes, remuneration and social security | 45 | €15,529 | €15,331 | -€198 | -1.3% |
| Taxes | 450/3 | €15,331 | €15,331 | = | 0.0% |
| Remuneration and social security | 454/9 | €198 | - | -€198 | |
| Accrued charges and deferred income | 492/3 | €6,040 | €7,831 | +€1,791 | +29.7% |
| Remuneration, social security and pensions | 62 | €0 | -€48 | -€48 | |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €804 | -€221 | -€1,025 | |
| Other operating charges | 640/8 | €3,724 | €3,956 | +€232 | +6.2% |
| Gross operating margin | 9900 | -€27,475 | -€7,800 | +€19,675 | +71.6% |
| Operating profit (loss) | 9901 | -€32,003 | -€11,487 | +€20,516 | +64.1% |
| Financial charges | 65/66B | €1,031 | €1,436 | +€405 | +39.3% |
| Recurring financial charges | 65 | €1,031 | €1,436 | +€405 | +39.3% |
| Profit (loss) for the period before taxes | 9903 | -€33,034 | -€12,924 | +€20,110 | +60.9% |
| Income taxes | 67/77 | €356 | - | -€356 | |
| Profit (loss) for the period | 9904 | -€33,390 | -€12,924 | +€20,467 | +61.3% |
| Profit (loss) for the period to be appropriated | 9905 | -€33,390 | -€12,924 | +€20,467 | +61.3% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 13 October 2026 via checked.be.