Black Docks: what changed
Two fiscal 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.
Black Docks
Largest movements
- Receivables within one year +€299,402
up €299,402 (+334.4%), from €89,541 to €388,943
of which Other amounts receivable: +€305,326
- Tangible fixed assets +€102,885
up €102,885 (+31.8%), from €323,610 to €426,495
of which Other tangible fixed assets: +€87,011
- Cash -€22,990
down €22,990 (-16.3%), from €141,194 to €118,204
mainly Receivables within one year (-€299,402) and Investment in fixed assets (net) (-€171,123)
- Intangible fixed assets -€22,500
down €22,500 (-33.2%), from €67,733 to €45,233
- Trade debts +€185,958
up €185,958 (+49.5%), from €375,929 to €561,887
- Profit (loss) carried forward +€175,278
up €175,278 (+240.9%), from €72,754 to €248,032
- Other debts -€98,068
down €98,068 (-95.7%), from €102,507 to €4,440
- Tax, wage and social debts +€65,897
up €65,897 (+82.3%), from €80,072 to €145,969
of which Taxes: +€58,293
- Investment grants +€36,590
up €36,590 (+84.9%), from €43,122 to €79,712
- Gross operating margin +€86,944
up €86,944 (+13.2%), from €659,018 to €745,962
- Taxes +€32,981
up €32,981 (+185.1%), from €17,820 to €50,801
- Depreciation +€27,781
up €27,781 (+44.1%), from €62,956 to €90,738
- Staff costs -€20,163
down €20,163 (-5.8%), from €344,947 to €324,783
- Other operating charges +€13,759
up €13,759 (+103.3%), from €13,314 to €27,073
From the 2023 result to the 2024 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.
Cash bridge derived
Derived from the 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €674,385 | €1,040,040 | +€365,655 | +54.2% |
| Fixed assets | 21/28 | €405,225 | €485,610 | +€80,385 | +19.8% |
| Intangible fixed assets | 21 | €67,733 | €45,233 | -€22,500 | -33.2% |
| Tangible fixed assets | 22/27 | €323,610 | €426,495 | +€102,885 | +31.8% |
| Plant, machinery and equipment | 23 | €94,532 | €85,031 | -€9,500 | -10.0% |
| Furniture and vehicles | 24 | €24,110 | €49,484 | +€25,374 | +105.2% |
| Other tangible fixed assets | 26 | €204,968 | €291,979 | +€87,011 | +42.5% |
| Financial fixed assets | 28 | €13,883 | €13,883 | = | 0.0% |
| Current assets | 29/58 | €269,159 | €554,430 | +€285,270 | +106.0% |
| Stocks and contracts in progress | 3 | €11,845 | €18,548 | +€6,703 | +56.6% |
| Stocks | 30/36 | €11,845 | €18,548 | +€6,703 | +56.6% |
| Amounts receivable within one year | 40/41 | €89,541 | €388,943 | +€299,402 | +334.4% |
| Trade receivables | 40 | €5,924 | €0 | -€5,924 | -100.0% |
| Other amounts receivable | 41 | €83,617 | €388,943 | +€305,326 | +365.1% |
| Cash at bank and in hand | 54/58 | €141,194 | €118,204 | -€22,990 | -16.3% |
| Deferred charges and accrued income | 490/1 | €26,580 | €28,735 | +€2,155 | +8.1% |
| Total equity and liabilities | 10/49 | €674,385 | €1,040,040 | +€365,655 | +54.2% |
| Equity | 10/15 | €115,877 | €327,744 | +€211,868 | +182.8% |
| Profit (loss) carried forward | 14 | €72,754 | €248,032 | +€175,278 | +240.9% |
| Investment grants | 15 | €43,122 | €79,712 | +€36,590 | +84.9% |
| Amounts payable | 17/49 | €558,508 | €712,295 | +€153,787 | +27.5% |
| Amounts payable within one year | 42/48 | €558,508 | €712,295 | +€153,787 | +27.5% |
| Trade debts | 44 | €375,929 | €561,887 | +€185,958 | +49.5% |
| Suppliers | 440/4 | €375,929 | €561,887 | +€185,958 | +49.5% |
| Taxes, remuneration and social security | 45 | €80,072 | €145,969 | +€65,897 | +82.3% |
| Taxes | 450/3 | €40,474 | €98,767 | +€58,293 | +144.0% |
| Remuneration and social security | 454/9 | €39,598 | €47,203 | +€7,604 | +19.2% |
| Other amounts payable | 47/48 | €102,507 | €4,440 | -€98,068 | -95.7% |
| Remuneration, social security and pensions | 62 | €344,947 | €324,783 | -€20,163 | -5.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €62,956 | €90,738 | +€27,781 | +44.1% |
| Other operating charges | 640/8 | €13,314 | €27,073 | +€13,759 | +103.3% |
| Gross operating margin | 9900 | €659,018 | €745,962 | +€86,944 | +13.2% |
| Operating profit (loss) | 9901 | €237,802 | €303,369 | +€65,567 | +27.6% |
| Financial income | 75/76B | €8,850 | €10,958 | +€2,108 | +23.8% |
| Recurring financial income | 75 | €8,850 | €10,958 | +€2,108 | +23.8% |
| Financial charges | 65/66B | €79,106 | €88,247 | +€9,141 | +11.6% |
| Recurring financial charges | 65 | €79,106 | €88,247 | +€9,141 | +11.6% |
| Profit (loss) for the period before taxes | 9903 | €167,546 | €226,080 | +€58,534 | +34.9% |
| Income taxes | 67/77 | €17,820 | €50,801 | +€32,981 | +185.1% |
| Profit (loss) for the period | 9904 | €149,726 | €175,278 | +€25,553 | +17.1% |
| Profit (loss) for the period to be appropriated | 9905 | €149,726 | €175,278 | +€25,553 | +17.1% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.