BASECLEA VOYAGES: 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.
BASECLEA VOYAGES
Largest movements
- Receivables within one year +€38,975
up €38,975 (+30.4%), from €128,213 to €167,189
of which Trade receivables: +€38,594
- Tangible fixed assets -€9,951
down €9,951 (-25.3%), from €39,381 to €29,430
of which Furniture and vehicles: -€8,813
- Financial fixed assets -€4,901
down €4,901 (-12.8%), from €38,384 to €33,482
- Trade debts +€10,701
up €10,701 (+42.5%), from €25,184 to €35,885
- Other debts +€10,551
up €10,551 (+26.5%), from €39,797 to €50,347
- Staff costs +€17,672
up €17,672 (+36.8%), from €48,065 to €65,736
- Gross operating margin +€6,519
up €6,519 (+7.4%), from €88,165 to €94,685
- Other operating charges -€3,614
down €3,614 (-55.0%), from €6,571 to €2,958
- Taxes -€3,552
down €3,552 (-41.1%), from €8,646 to €5,094
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 | €377,851 | €398,902 | +€21,051 | +5.6% |
| Fixed assets | 21/28 | €77,764 | €62,912 | -€14,852 | -19.1% |
| Tangible fixed assets | 22/27 | €39,381 | €29,430 | -€9,951 | -25.3% |
| Plant, machinery and equipment | 23 | €7,242 | €6,104 | -€1,138 | -15.7% |
| Furniture and vehicles | 24 | €32,139 | €23,326 | -€8,813 | -27.4% |
| Financial fixed assets | 28 | €38,384 | €33,482 | -€4,901 | -12.8% |
| Current assets | 29/58 | €300,087 | €335,990 | +€35,903 | +12.0% |
| Amounts receivable within one year | 40/41 | €128,213 | €167,189 | +€38,975 | +30.4% |
| Trade receivables | 40 | €122,879 | €161,473 | +€38,594 | +31.4% |
| Other amounts receivable | 41 | €5,335 | €5,716 | +€381 | +7.1% |
| Cash at bank and in hand | 54/58 | €66,603 | €66,950 | +€346 | +0.5% |
| Deferred charges and accrued income | 490/1 | €105,270 | €101,851 | -€3,419 | -3.2% |
| Total equity and liabilities | 10/49 | €377,851 | €398,902 | +€21,051 | +5.6% |
| Equity | 10/15 | €71,629 | €73,088 | +€1,460 | +2.0% |
| Contributions | 10/11 | €25,000 | €25,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €46,629 | €48,088 | +€1,460 | +3.1% |
| Amounts payable | 17/49 | €306,222 | €325,814 | +€19,591 | +6.4% |
| Amounts payable within one year | 42/48 | €305,422 | €325,014 | +€19,591 | +6.4% |
| Trade debts | 44 | €25,184 | €35,885 | +€10,701 | +42.5% |
| Suppliers | 440/4 | €25,184 | €35,885 | +€10,701 | +42.5% |
| Advances received on contracts in progress | 46 | €224,659 | €221,330 | -€3,329 | -1.5% |
| Taxes, remuneration and social security | 45 | €15,783 | €17,451 | +€1,668 | +10.6% |
| Taxes | 450/3 | €4,333 | €4,590 | +€257 | +5.9% |
| Remuneration and social security | 454/9 | €11,450 | €12,861 | +€1,412 | +12.3% |
| Other amounts payable | 47/48 | €39,797 | €50,347 | +€10,551 | +26.5% |
| Accrued charges and deferred income | 492/3 | €800 | €800 | = | 0.0% |
| Remuneration, social security and pensions | 62 | €48,065 | €65,736 | +€17,672 | +36.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,743 | €15,284 | +€541 | +3.7% |
| Other operating charges | 640/8 | €6,571 | €2,958 | -€3,614 | -55.0% |
| Gross operating margin | 9900 | €88,165 | €94,685 | +€6,519 | +7.4% |
| Operating profit (loss) | 9901 | €18,787 | €10,707 | -€8,080 | -43.0% |
| Financial income | 75/76B | €852 | €718 | -€134 | -15.7% |
| Recurring financial income | 75 | €852 | €718 | -€134 | -15.7% |
| Financial charges | 65/66B | €4,724 | €4,872 | +€147 | +3.1% |
| Recurring financial charges | 65 | €4,724 | €4,872 | +€147 | +3.1% |
| Profit (loss) for the period before taxes | 9903 | €14,914 | €6,553 | -€8,361 | -56.1% |
| Income taxes | 67/77 | €8,646 | €5,094 | -€3,552 | -41.1% |
| Profit (loss) for the period | 9904 | €6,268 | €1,460 | -€4,808 | -76.7% |
| Profit (loss) for the period to be appropriated | 9905 | €6,268 | €1,460 | -€4,808 | -76.7% |
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 24 October 2026 via checked.be.