AJS Maritime Services: what changed
AJS Maritime Services
Largest movements
- Current investments +€130,584
new in 2025: €130,584
- Cash -€33,599
down €33,599 (-39.3%), from €85,525 to €51,926
mainly Current investments (-€130,584) and Accrued charges and deferred income (-€387)
- Receivables within one year -€10,541
down €10,541 (-87.8%), from €12,008 to €1,468
of which Trade receivables: -€9,049
- Profit (loss) carried forward +€70,558
up €70,558 (+93.9%), from €75,126 to €145,684
- Tax, wage and social debts +€13,546
up €13,546 (+68.5%), from €19,771 to €33,317
- Other debts +€2,896
up €2,896 (+274%), from €1,058 to €3,954
- Gross operating margin +€17,466
up €17,466 (+24.2%), from €72,113 to €89,579
- Taxes +€3,453
up €3,453 (+23.1%), from €14,929 to €18,382
- Financial income +€1,829
up €1,829 (+30,475%), from €6 to €1,835
- Financial charges +€1,248
up €1,248 (+1,699%), from €74 to €1,322
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €98,022 | €184,647 | +€86,625 | +88.4% |
| Fixed assets | 21/28 | €130 | €130 | = | 0.0% |
| Financial fixed assets | 28 | €130 | €130 | = | 0.0% |
| Current assets | 29/58 | €97,892 | €184,517 | +€86,625 | +88.5% |
| Amounts receivable within one year | 40/41 | €12,008 | €1,468 | -€10,541 | -87.8% |
| Trade receivables | 40 | €10,125 | €1,076 | -€9,049 | -89.4% |
| Other amounts receivable | 41 | €1,883 | €391 | -€1,492 | -79.2% |
| Current investments | 50/53 | - | €130,584 | +€130,584 | |
| Cash at bank and in hand | 54/58 | €85,525 | €51,926 | -€33,599 | -39.3% |
| Deferred charges and accrued income | 490/1 | €358 | €539 | +€181 | +50.7% |
| Total equity and liabilities | 10/49 | €98,022 | €184,647 | +€86,625 | +88.4% |
| Equity | 10/15 | €76,626 | €147,184 | +€70,558 | +92.1% |
| Contributions | 10/11 | €1,500 | €1,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €75,126 | €145,684 | +€70,558 | +93.9% |
| Amounts payable | 17/49 | €21,396 | €37,463 | +€16,067 | +75.1% |
| Amounts payable within one year | 42/48 | €21,009 | €37,463 | +€16,455 | +78.3% |
| Trade debts | 44 | €179 | €192 | +€13 | +7.4% |
| Suppliers | 440/4 | €179 | €192 | +€13 | +7.4% |
| Taxes, remuneration and social security | 45 | €19,771 | €33,317 | +€13,546 | +68.5% |
| Taxes | 450/3 | €19,771 | €33,317 | +€13,546 | +68.5% |
| Other amounts payable | 47/48 | €1,058 | €3,954 | +€2,896 | +274% |
| Accrued charges and deferred income | 492/3 | €387 | €0 | -€387 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €0 | - | = | |
| Other operating charges | 640/8 | €1,014 | €1,152 | +€138 | +13.6% |
| Gross operating margin | 9900 | €72,113 | €89,579 | +€17,466 | +24.2% |
| Operating profit (loss) | 9901 | €71,099 | €88,427 | +€17,328 | +24.4% |
| Financial income | 75/76B | €6 | €1,835 | +€1,829 | +30,475% |
| Recurring financial income | 75 | €6 | €1,835 | +€1,829 | +30,475% |
| Financial charges | 65/66B | €74 | €1,322 | +€1,248 | +1,699% |
| Recurring financial charges | 65 | €74 | €1,322 | +€1,248 | +1,699% |
| Profit (loss) for the period before taxes | 9903 | €71,032 | €88,940 | +€17,908 | +25.2% |
| Income taxes | 67/77 | €14,929 | €18,382 | +€3,453 | +23.1% |
| Profit (loss) for the period | 9904 | €56,103 | €70,558 | +€14,455 | +25.8% |
| Profit (loss) for the period to be appropriated | 9905 | €56,103 | €70,558 | +€14,455 | +25.8% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 4 November 2026 via checked.be.