5G Chartering: 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.
5G Chartering
Largest movements
- Cash +€7,125
up €7,125 (+62.6%), from €11,375 to €18,500
mainly Net result for the year (+€7,608) and Receivables within one year (+€1,853)
- Receivables within one year -€1,853
down €1,853 (-40.8%), from €4,538 to €2,684
of which Trade receivables: -€4,538
- Profit (loss) carried forward +€6,547
up €6,547, from -€6,547 to €0
- Trade debts -€1,734
down €1,734 (-53.2%), from €3,258 to €1,524
- Reserves +€1,061
new in 2025: €1,061
- Tax, wage and social debts -€602
down €602 (-100%), from €602 to €0
- Taxes +€2,452
new in 2025: €2,452
- Gross operating margin +€1,274
up €1,274 (+13.0%), from €9,780 to €11,055
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 | €15,913 | €21,185 | +€5,272 | +33.1% |
| Current assets | 29/58 | €15,913 | €21,185 | +€5,272 | +33.1% |
| Amounts receivable within one year | 40/41 | €4,538 | €2,684 | -€1,853 | -40.8% |
| Trade receivables | 40 | €4,538 | €0 | -€4,538 | -100% |
| Other amounts receivable | 41 | - | €2,684 | +€2,684 | |
| Cash at bank and in hand | 54/58 | €11,375 | €18,500 | +€7,125 | +62.6% |
| Total equity and liabilities | 10/49 | €15,913 | €21,185 | +€5,272 | +33.1% |
| Equity | 10/15 | €12,053 | €19,661 | +€7,608 | +63.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | - | €1,061 | +€1,061 | |
| Distributable reserves | 133 | - | €1,061 | +€1,061 | |
| Profit (loss) carried forward | 14 | -€6,547 | €0 | +€6,547 | |
| Amounts payable | 17/49 | €3,860 | €1,524 | -€2,336 | -60.5% |
| Amounts payable within one year | 42/48 | €3,860 | €1,524 | -€2,336 | -60.5% |
| Trade debts | 44 | €3,258 | €1,524 | -€1,734 | -53.2% |
| Suppliers | 440/4 | €3,258 | €1,524 | -€1,734 | -53.2% |
| Taxes, remuneration and social security | 45 | €602 | €0 | -€602 | -100% |
| Taxes | 450/3 | €602 | €0 | -€602 | -100% |
| Other amounts payable | 47/48 | €0 | - | = | |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Other operating charges | 640/8 | €528 | €544 | +€16 | +3.0% |
| Gross operating margin | 9900 | €9,780 | €11,055 | +€1,274 | +13.0% |
| Operating profit (loss) | 9901 | €9,252 | €10,511 | +€1,258 | +13.6% |
| Financial charges | 65/66B | €449 | €451 | +€2 | +0.5% |
| Recurring financial charges | 65 | €449 | €451 | +€2 | +0.5% |
| Profit (loss) for the period before taxes | 9903 | €8,804 | €10,060 | +€1,256 | +14.3% |
| Income taxes | 67/77 | - | €2,452 | +€2,452 | |
| Profit (loss) for the period | 9904 | €8,804 | €7,608 | -€1,196 | -13.6% |
| Profit (loss) for the period to be appropriated | 9905 | €8,804 | €7,608 | -€1,196 | -13.6% |
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 15 October 2026 via checked.be.