AVELGEM CONTAINER TERMINAL: 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.
AVELGEM CONTAINER TERMINAL
Largest movements
- Receivables within one year -€570,074
down €570,074 (-45.9%), from €1.2m to €672,084
of which Trade receivables: -€516,380
- Cash +€108,513
up €108,513 (+310%), from €34,987 to €143,500
mainly Other debts (+€577,025) and Receivables within one year (+€570,074)
- Profit (loss) carried forward -€639,658
down €639,658 (-128%), from -€500,865 to -€1.1m
- Other debts +€577,025
up €577,025 (+238%), from €242,177 to €819,202
- Trade debts -€409,678
down €409,678 (-56.5%), from €725,301 to €315,623
- Reserves -€41,840
down €41,840 (-87.0%), from €48,090 to €6,250
of which Distributable reserves: -€41,840
- Tax, wage and social debts +€38,565
up €38,565 (+112%), from €34,311 to €72,876
of which Remuneration and social security: +€33,141
- Gross operating margin -€286,782
down €286,782, from €14,480 to -€272,302
- Staff costs +€43,068
up €43,068 (+14.1%), from €305,605 to €348,673
- Other operating charges -€12,732
down €12,732 (-36.9%), from €34,509 to €21,777
- Financial charges +€6,866
up €6,866 (+30.1%), from €22,813 to €29,679
- Depreciation -€3,499
down €3,499 (-25.3%), from €13,843 to €10,345
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 | €1,335,683 | €863,554 | -€472,129 | -35.3% |
| Formation expenses | 20 | €0 | - | = | |
| Fixed assets | 21/28 | €54,361 | €44,016 | -€10,345 | -19.0% |
| Tangible fixed assets | 22/27 | €54,361 | €44,016 | -€10,345 | -19.0% |
| Land and buildings | 22 | €33,737 | €28,871 | -€4,866 | -14.4% |
| Plant, machinery and equipment | 23 | €15,485 | €13,103 | -€2,382 | -15.4% |
| Furniture and vehicles | 24 | €5,139 | €2,042 | -€3,097 | -60.3% |
| Current assets | 29/58 | €1,281,322 | €819,538 | -€461,784 | -36.0% |
| Amounts receivable within one year | 40/41 | €1,242,158 | €672,084 | -€570,074 | -45.9% |
| Trade receivables | 40 | €1,181,470 | €665,090 | -€516,380 | -43.7% |
| Other amounts receivable | 41 | €60,688 | €6,994 | -€53,694 | -88.5% |
| Cash at bank and in hand | 54/58 | €34,987 | €143,500 | +€108,513 | +310% |
| Deferred charges and accrued income | 490/1 | €4,177 | €3,954 | -€223 | -5.3% |
| Total equity and liabilities | 10/49 | €1,335,683 | €863,554 | -€472,129 | -35.3% |
| Equity | 10/15 | -€390,275 | -€1,071,772 | -€681,498 | -175% |
| Contributions | 10/11 | €62,500 | €62,500 | = | 0.0% |
| Capital | 10 | €62,500 | €62,500 | = | 0.0% |
| Issued capital | 100 | €62,500 | €62,500 | = | 0.0% |
| Reserves | 13 | €48,090 | €6,250 | -€41,840 | -87.0% |
| Non-distributable reserves | 130/1 | €6,250 | €6,250 | = | 0.0% |
| Legal reserve | 130 | €6,250 | €6,250 | = | 0.0% |
| Distributable reserves | 133 | €41,840 | - | -€41,840 | |
| Profit (loss) carried forward | 14 | -€500,865 | -€1,140,522 | -€639,658 | -128% |
| Amounts payable | 17/49 | €1,725,957 | €1,935,327 | +€209,369 | +12.1% |
| Amounts payable after more than one year | 17 | €666,081 | €686,639 | +€20,559 | +3.1% |
| Financial debts | 170/4 | €666,081 | €686,639 | +€20,559 | +3.1% |
| Amounts payable within one year | 42/48 | €1,001,789 | €1,207,700 | +€205,912 | +20.6% |
| Trade debts | 44 | €725,301 | €315,623 | -€409,678 | -56.5% |
| Suppliers | 440/4 | €725,301 | €315,623 | -€409,678 | -56.5% |
| Taxes, remuneration and social security | 45 | €34,311 | €72,876 | +€38,565 | +112% |
| Taxes | 450/3 | €7 | €5,432 | +€5,424 | +74,103% |
| Remuneration and social security | 454/9 | €34,304 | €67,444 | +€33,141 | +96.6% |
| Other amounts payable | 47/48 | €242,177 | €819,202 | +€577,025 | +238% |
| Accrued charges and deferred income | 492/3 | €58,088 | €40,987 | -€17,101 | -29.4% |
| Remuneration, social security and pensions | 62 | €305,605 | €348,673 | +€43,068 | +14.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,843 | €10,345 | -€3,499 | -25.3% |
| Other operating charges | 640/8 | €34,509 | €21,777 | -€12,732 | -36.9% |
| Non-recurring operating charges | 66A | €45 | €91 | +€46 | +101% |
| Gross operating margin | 9900 | €14,480 | -€272,302 | -€286,782 | |
| Operating profit (loss) | 9901 | -€339,522 | -€653,187 | -€313,665 | -92.4% |
| Financial income | 75/76B | €25 | €1,846 | +€1,821 | +7,265% |
| Recurring financial income | 75 | €25 | €1,846 | +€1,821 | +7,265% |
| Financial charges | 65/66B | €22,813 | €29,679 | +€6,866 | +30.1% |
| Recurring financial charges | 65 | €22,813 | €29,679 | +€6,866 | +30.1% |
| Profit (loss) for the period before taxes | 9903 | -€362,310 | -€681,019 | -€318,710 | -88.0% |
| Income taxes | 67/77 | - | €479 | +€479 | |
| Profit (loss) for the period | 9904 | -€362,310 | -€681,498 | -€319,188 | -88.1% |
| Profit (loss) for the period to be appropriated | 9905 | -€362,310 | -€681,498 | -€319,188 | -88.1% |
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 21 October 2026 via checked.be.