Antwerp 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.
Antwerp Chartering
Largest movements
- Cash +€26,087
up €26,087 (+89.6%), from €29,104 to €55,191
mainly Trade debts (+€39,526) and Net result for the year (+€11,828)
- Receivables within one year +€23,721
up €23,721 (+8.9%), from €265,406 to €289,127
of which Trade receivables: +€25,274
- Trade debts +€39,526
up €39,526 (+18.9%), from €209,518 to €249,045
- Profit (loss) carried forward +€11,828
up €11,828 (+11.2%), from -€105,547 to -€93,720
- Tax, wage and social debts -€5,185
down €5,185 (-52.1%), from €9,952 to €4,767
of which Taxes: -€5,093
- Gross operating margin +€49,325
up €49,325 (+24,009%), from €205 to €49,530
- Other operating charges +€12,526
up €12,526 (+51.9%), from €24,157 to €36,683
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 | €313,923 | €360,092 | +€46,169 | +14.7% |
| Fixed assets | 21/28 | €14,392 | €13,726 | -€666 | -4.6% |
| Tangible fixed assets | 22/27 | €1,998 | €1,332 | -€666 | -33.3% |
| Furniture and vehicles | 24 | €1,998 | €1,332 | -€666 | -33.3% |
| Financial fixed assets | 28 | €12,395 | €12,395 | = | 0.0% |
| Current assets | 29/58 | €299,531 | €346,366 | +€46,836 | +15.6% |
| Amounts receivable within one year | 40/41 | €265,406 | €289,127 | +€23,721 | +8.9% |
| Trade receivables | 40 | €213,033 | €238,307 | +€25,274 | +11.9% |
| Other amounts receivable | 41 | €52,373 | €50,820 | -€1,553 | -3.0% |
| Cash at bank and in hand | 54/58 | €29,104 | €55,191 | +€26,087 | +89.6% |
| Deferred charges and accrued income | 490/1 | €5,021 | €2,048 | -€2,973 | -59.2% |
| Total equity and liabilities | 10/49 | €313,923 | €360,092 | +€46,169 | +14.7% |
| Equity | 10/15 | -€65,547 | -€53,720 | +€11,828 | +18.0% |
| Contributions | 10/11 | €40,000 | €40,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€105,547 | -€93,720 | +€11,828 | +11.2% |
| Amounts payable | 17/49 | €379,470 | €413,812 | +€34,342 | +9.0% |
| Amounts payable after more than one year | 17 | €160,000 | €160,000 | = | 0.0% |
| Financial debts | 170/4 | €160,000 | €160,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €219,470 | €253,812 | +€34,342 | +15.6% |
| Trade debts | 44 | €209,518 | €249,045 | +€39,526 | +18.9% |
| Suppliers | 440/4 | €209,518 | €249,045 | +€39,526 | +18.9% |
| Taxes, remuneration and social security | 45 | €9,952 | €4,767 | -€5,185 | -52.1% |
| Taxes | 450/3 | €9,860 | €4,767 | -€5,093 | -51.7% |
| Remuneration and social security | 454/9 | €92 | €0 | -€92 | -100% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €666 | €666 | = | 0.0% |
| Other operating charges | 640/8 | €24,157 | €36,683 | +€12,526 | +51.9% |
| Gross operating margin | 9900 | €205 | €49,530 | +€49,325 | +24,009% |
| Operating profit (loss) | 9901 | -€24,618 | €12,181 | +€36,799 | |
| Financial income | 75/76B | €0 | €7 | +€7 | |
| Recurring financial income | 75 | €0 | €7 | +€7 | |
| Financial charges | 65/66B | €548 | €229 | -€319 | -58.2% |
| Recurring financial charges | 65 | €548 | €229 | -€319 | -58.2% |
| Profit (loss) for the period before taxes | 9903 | -€25,165 | €11,960 | +€37,125 | |
| Income taxes | 67/77 | €128 | €132 | +€4 | +3.1% |
| Profit (loss) for the period | 9904 | -€25,293 | €11,828 | +€37,121 | |
| Profit (loss) for the period to be appropriated | 9905 | -€25,293 | €11,828 | +€37,121 |
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 26 October 2026 via checked.be.