ANTWERP BULK TERMINAL: what changed
What changed
ANTWERP BULK TERMINAL
NACE 52.249, Warehousing and support activities for transportation
filed annual accounts (NBB)
Net result for the year
€5.5m
2024 · €2.9m+€2.5m
Equity
€45.2m
2024 · €41.7m+€3.5m
Cash
€2,257
2024 · €5,279-€3,021
Balance sheet total
€102.2m
2024 · €108.3m-€6.1m
Largest movements
Assets
- Tangible fixed assets -€3.5m
down €3.5m (-16.5%), from €21.2m to €17.7m
of which Furniture and vehicles: -€2.4m
- Receivables within one year -€2.6m
down €2.6m (-28.7%), from €9.0m to €6.4m
of which Trade receivables: -€2.3m
Equity and liabilities
- Debts after one year -€3.7m
down €3.7m (-36.5%), from €10.1m to €6.4m
- Short-term financial debts -€3.5m
down €3.5m (-10.0%), from €35.5m to €32.0m
- Profit (loss) carried forward +€3.4m
up €3.4m (+13.8%), from €24.3m to €27.6m
- Tax, wage and social debts -€2.3m
down €2.3m (-21.2%), from €11.1m to €8.7m
of which Remuneration and social security: -€2.0m
- Trade debts -€2.0m
down €2.0m (-33.6%), from €6.0m to €4.0m
Income statement
- Services and other goods -€7.3m
down €7.3m (-17.9%), from €40.7m to €33.5m
- Other operating income -€2.9m
down €2.9m (-34.9%), from €8.2m to €5.3m
- Turnover -€2.8m
down €2.8m (-6.2%), from €44.6m to €41.8m
- Depreciation -€1.0m
down €1.0m (-17.4%), from €5.8m to €4.8m
- Taxes +€891,463
up €891,463 (+305%), from €292,191 to €1.2m
of which Taxes: +€864,246
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.
Result 2024
€2.9m
Turnover
-€2.8m
Other operating income
-€2.9m
Goods and materials
-€436,282
Services and other goods
+€7.3m
Staff costs
+€116,987
Depreciation
+€1.0m
Write-downs
+€688,459
Other operating charges
-€252,473
Other operating items
+€9,684
Financial income
-€97,750
Financial charges
+€760,719
Taxes
-€891,463
Deferred taxes and other
-€41,764
Result 2025
€5.5m
raises the resultlowers the resultnot broken down further in the accounts
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.
From operations
+€10.5m
Investment
-€1.3m
Financing
-€9.2m
Cash 2024
€5,279
From operations (derived)
+€10.5m
Net result for the year
+€5.5m
Depreciation
+€4.8m
Receivables after one year
+€97,392
Stocks and contracts
-€208,318
Receivables within one year
+€2.6m
Deferred charges and accrued income
+€90,813
Provisions
+€42,449
Trade debts
-€2.0m
Tax, wage and social debts
-€2.3m
Other debts
+€2.0m
Accrued charges and deferred income
+€17,119
Investment (derived)
-€1.3m
Investment in fixed assets (net)
-€1.3m
Financing
-€9.2m
Debts after one year
-€3.7m
Current portion of long-term debt
+€1,727
Short-term financial debts
-€3.5m
Contributions, distributions and other
-€2.0m
Cash 2025
€2,257
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €108,290,263 | €102,234,182 | -€6.1m | -5.6% |
| Fixed assets | 21/28 | €97,118,967 | €93,614,573 | -€3.5m | -3.6% |
| Tangible fixed assets | 22/27 | €21,215,194 | €17,724,000 | -€3.5m | -16.5% |
| Land and buildings | 22 | €3,175,074 | €2,748,768 | -€426,306 | -13.4% |
| Plant, machinery and equipment | 23 | €10,877,645 | €10,005,764 | -€871,881 | -8.0% |
| Furniture and vehicles | 24 | €7,064,362 | €4,690,778 | -€2.4m | -33.6% |
| Other tangible fixed assets | 26 | - | €192,452 | +€192,452 | |
| Assets under construction and advance payments | 27 | €98,113 | €86,238 | -€11,875 | -12.1% |
| Financial fixed assets | 28 | €75,903,773 | €75,890,573 | -€13,200 | 0.0% |
| Affiliated companies | 280/1 | €75,562,484 | €75,562,484 | = | 0.0% |
| Participating interests | 280 | €75,562,484 | €75,562,484 | = | 0.0% |
| Other financial fixed assets | 284/8 | €341,290 | €328,090 | -€13,200 | -3.9% |
| Amounts receivable and cash guarantees | 285/8 | €341,290 | €328,090 | -€13,200 | -3.9% |
| Current assets | 29/58 | €11,171,296 | €8,619,609 | -€2.6m | -22.8% |
| Amounts receivable after more than one year | 29 | €584,353 | €486,961 | -€97,392 | -16.7% |
| Other amounts receivable | 291 | €584,353 | €486,961 | -€97,392 | -16.7% |
| Stocks and contracts in progress | 3 | €428,737 | €637,054 | +€208,318 | +48.6% |
| Stocks | 30/36 | €428,737 | €637,054 | +€208,318 | +48.6% |
| Raw materials and consumables | 30/31 | €428,737 | €637,054 | +€208,318 | +48.6% |
| Amounts receivable within one year | 40/41 | €8,959,524 | €6,390,746 | -€2.6m | -28.7% |
| Trade receivables | 40 | €7,831,855 | €5,538,926 | -€2.3m | -29.3% |
| Other amounts receivable | 41 | €1,127,669 | €851,820 | -€275,849 | -24.5% |
| Cash at bank and in hand | 54/58 | €5,279 | €2,257 | -€3,021 | -57.2% |
| Deferred charges and accrued income | 490/1 | €1,193,403 | €1,102,590 | -€90,813 | -7.6% |
| Total equity and liabilities | 10/49 | €108,290,263 | €102,234,182 | -€6.1m | -5.6% |
| Equity | 10/15 | €41,694,441 | €45,175,165 | +€3.5m | +8.3% |
| Contributions | 10/11 | €13,834,114 | €13,834,114 | = | 0.0% |
| Capital | 10 | €13,834,114 | €13,834,114 | = | 0.0% |
| Issued capital | 100 | €13,834,114 | €13,834,114 | = | 0.0% |
| Reserves | 13 | €3,576,329 | €3,703,677 | +€127,348 | +3.6% |
| Non-distributable reserves | 130/1 | €1,383,412 | €1,383,412 | = | 0.0% |
| Legal reserve | 130 | €1,383,412 | €1,383,412 | = | 0.0% |
| Tax-exempt reserves | 132 | €400,006 | €527,354 | +€127,348 | +31.8% |
| Distributable reserves | 133 | €1,792,911 | €1,792,911 | = | 0.0% |
| Profit (loss) carried forward | 14 | €24,283,998 | €27,637,373 | +€3.4m | +13.8% |
| Provisions and deferred taxes | 16 | €133,335 | €175,785 | +€42,449 | +31.8% |
| Deferred taxes | 168 | €133,335 | €175,785 | +€42,449 | +31.8% |
| Amounts payable | 17/49 | €66,462,486 | €56,883,232 | -€9.6m | -14.4% |
| Amounts payable after more than one year | 17 | €10,100,374 | €6,417,152 | -€3.7m | -36.5% |
| Financial debts | 170/4 | €10,100,374 | €6,417,152 | -€3.7m | -36.5% |
| Leasing and similar obligations | 172 | €237,510 | - | -€237,510 | |
| Other loans | 174 | €9,862,864 | €6,417,152 | -€3.4m | -34.9% |
| Amounts payable within one year | 42/48 | €56,322,108 | €50,408,956 | -€5.9m | -10.5% |
| Current portion of amounts payable after more than one year | 42 | €3,681,494 | €3,683,222 | +€1,727 | 0.0% |
| Financial debts | 43 | €35,539,838 | €31,993,984 | -€3.5m | -10.0% |
| Other loans | 439 | €35,539,838 | €31,993,984 | -€3.5m | -10.0% |
| Trade debts | 44 | €6,046,717 | €4,016,825 | -€2.0m | -33.6% |
| Suppliers | 440/4 | €6,046,717 | €4,016,825 | -€2.0m | -33.6% |
| Taxes, remuneration and social security | 45 | €11,054,058 | €8,714,925 | -€2.3m | -21.2% |
| Taxes | 450/3 | €1,252,571 | €875,787 | -€376,784 | -30.1% |
| Remuneration and social security | 454/9 | €9,801,487 | €7,839,138 | -€2.0m | -20.0% |
| Other amounts payable | 47/48 | - | €2,000,000 | +€2.0m | |
| Accrued charges and deferred income | 492/3 | €40,005 | €57,124 | +€17,119 | +42.8% |
| Operating income | 70/76A | €53,187,216 | €47,710,379 | -€5.5m | -10.3% |
| Turnover | 70 | €44,589,851 | €41,832,458 | -€2.8m | -6.2% |
| Other operating income | 74 | €8,180,336 | €5,327,509 | -€2.9m | -34.9% |
| Non-recurring operating income | 76A | €417,029 | €550,412 | +€133,383 | +32.0% |
| Operating charges | 60/66A | €49,880,971 | €41,597,168 | -€8.3m | -16.6% |
| Goods for resale, raw materials and consumables | 60 | €43,860 | €480,142 | +€436,282 | +995% |
| Change in stocks: decrease (increase) | 609 | €43,860 | €480,142 | +€436,282 | +995% |
| Services and other goods | 61 | €40,731,276 | €33,457,931 | -€7.3m | -17.9% |
| Remuneration, social security and pensions | 62 | €1,618,427 | €1,501,440 | -€116,987 | -7.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,836,194 | €4,818,729 | -€1.0m | -17.4% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | -€688,459 | -€688,459 | |
| Other operating charges | 640/8 | €1,646,312 | €1,898,785 | +€252,473 | +15.3% |
| Non-recurring operating charges | 66A | €4,901 | €128,601 | +€123,700 | +2,524% |
| Operating profit (loss) | 9901 | €3,306,245 | €6,113,211 | +€2.8m | +84.9% |
| Financial income | 75/76B | €2,148,972 | €2,051,222 | -€97,750 | -4.5% |
| Recurring financial income | 75 | €2,148,972 | €2,051,222 | -€97,750 | -4.5% |
| Income from financial fixed assets | 750 | €2,146,000 | €2,051,200 | -€94,800 | -4.4% |
| Other financial income | 752/9 | €2,972 | €23 | -€2,950 | -99.2% |
| Financial charges | 65/66B | €2,218,326 | €1,457,607 | -€760,719 | -34.3% |
| Recurring financial charges | 65 | €2,218,326 | €1,457,607 | -€760,719 | -34.3% |
| Debt charges | 650 | €2,215,218 | €1,455,549 | -€759,669 | -34.3% |
| Other financial charges | 652/9 | €3,108 | €2,058 | -€1,050 | -33.8% |
| Profit (loss) for the period before taxes | 9903 | €3,236,891 | €6,706,827 | +€3.5m | +107% |
| Transfer from deferred taxes | 780 | €28,815 | €29,126 | +€311 | +1.1% |
| Transfer to deferred taxes | 680 | €29,500 | €71,575 | +€42,075 | +143% |
| Income taxes | 67/77 | €292,191 | €1,183,654 | +€891,463 | +305% |
| Taxes | 670/3 | €320,038 | €1,184,284 | +€864,246 | +270% |
| Tax adjustments and reversals of tax provisions | 77 | €27,846 | €630 | -€27,216 | -97.7% |
| Profit (loss) for the period | 9904 | €2,944,015 | €5,480,723 | +€2.5m | +86.2% |
| Transfer from tax-exempt reserves | 789 | €86,444 | €87,377 | +€933 | +1.1% |
| Transfer to tax-exempt reserves | 689 | €88,500 | €214,725 | +€126,225 | +143% |
| Profit (loss) for the period to be appropriated | 9905 | €2,941,959 | €5,353,376 | +€2.4m | +82.0% |
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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.