D.D. SHIPPING: 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.
What changed
D.D. SHIPPING
NACE 52.241, Warehousing and support activities for transportation
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
-€172,458
2024 · -€119,133-€53,325
Equity
€1.2m
2024 · €1.4m-€172,458
Cash
€62,322
2024 · €135,058-€72,736
Balance sheet total
€3.2m
2024 · €3.5m-€329,194
Largest movements
Assets
- Receivables within one year +€344,172
up €344,172 (+32.6%), from €1.1m to €1.4m
of which Other amounts receivable: +€446,090
- Financial fixed assets -€335,900
down €335,900 (-29.2%), from €1.2m to €815,470
- Tangible fixed assets -€264,622
down €264,622 (-23.3%), from €1.1m to €873,094
of which Leasing and similar rights: -€161,529
- Cash -€72,736
down €72,736 (-53.9%), from €135,058 to €62,322
mainly Receivables within one year (-€344,172) and Trade debts (-€331,367)
Equity and liabilities
- Trade debts -€331,367
down €331,367 (-49.7%), from €666,649 to €335,282
- Short-term financial debts +€250,000
up €250,000 (+33.3%), from €750,000 to €1.0m
- Profit (loss) carried forward -€172,458
down €172,458 (-172%), from -€100,420 to -€272,878
- Debts after one year -€54,132
down €54,132 (-16.3%), from €333,085 to €278,953
- Current portion of long-term debt -€48,964
down €48,964 (-47.5%), from €103,096 to €54,132
Income statement
- Turnover -€127,566
down €127,566 (-2.9%), from €4.4m to €4.3m
- Goods and materials +€59,931
up €59,931 (+5.9%), from €1.0m to €1.1m
- Staff costs -€53,161
down €53,161 (-6.5%), from €824,022 to €770,862
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.
Result 2024
-€119,133
Turnover
-€127,566
Other operating income
-€34,061
Goods and materials
-€59,931
Services and other goods
+€28,027
Staff costs
+€53,161
Depreciation
+€33,517
Other operating charges
-€11,959
Other operating items
+€15,500
Financial income
-€218
Financial charges
+€20,889
Taxes
+€29,317
Result 2025
-€172,458
raises the resultlowers the resultnot broken down further in the accounts
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.
From operations
-€465,449
Investment
+€245,810
Financing
+€146,904
Cash 2024
€135,058
From operations (derived)
-€465,449
Net result for the year
-€172,458
Depreciation
+€354,712
Receivables within one year
-€344,172
Deferred charges and accrued income
+€109
Trade debts
-€331,367
Tax, wage and social debts
+€2,645
Accrued charges and deferred income
+€25,083
Investment (derived)
+€245,810
Investment in fixed assets (net)
+€245,810
Financing
+€146,904
Debts after one year
-€54,132
Current portion of long-term debt
-€48,964
Short-term financial debts
+€250,000
Cash 2025
€62,322
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €3,481,482 | €3,152,288 | -€329,194 | -9.5% |
| Fixed assets | 21/28 | €2,289,086 | €1,688,565 | -€600,522 | -26.2% |
| Tangible fixed assets | 22/27 | €1,137,716 | €873,094 | -€264,622 | -23.3% |
| Land and buildings | 22 | €415,563 | €366,293 | -€49,271 | -11.9% |
| Plant, machinery and equipment | 23 | €291,341 | €244,961 | -€46,380 | -15.9% |
| Leasing and similar rights | 25 | €204,206 | €42,677 | -€161,529 | -79.1% |
| Other tangible fixed assets | 26 | €226,605 | €163,473 | -€63,132 | -27.9% |
| Assets under construction and advance payments | 27 | - | €55,690 | +€55,690 | |
| Financial fixed assets | 28 | €1,151,370 | €815,470 | -€335,900 | -29.2% |
| Affiliated companies | 280/1 | €1,151,370 | €815,470 | -€335,900 | -29.2% |
| Participating interests | 280 | €615,470 | €615,470 | = | 0.0% |
| Amounts receivable | 281 | €535,900 | €200,000 | -€335,900 | -62.7% |
| Current assets | 29/58 | €1,192,396 | €1,463,724 | +€271,328 | +22.8% |
| Amounts receivable within one year | 40/41 | €1,057,055 | €1,401,227 | +€344,172 | +32.6% |
| Trade receivables | 40 | €310,383 | €208,465 | -€101,918 | -32.8% |
| Other amounts receivable | 41 | €746,672 | €1,192,762 | +€446,090 | +59.7% |
| Cash at bank and in hand | 54/58 | €135,058 | €62,322 | -€72,736 | -53.9% |
| Deferred charges and accrued income | 490/1 | €284 | €175 | -€109 | -38.3% |
| Total equity and liabilities | 10/49 | €3,481,482 | €3,152,288 | -€329,194 | -9.5% |
| Equity | 10/15 | €1,412,467 | €1,240,010 | -€172,458 | -12.2% |
| Contributions | 10/11 | €1,243,000 | €1,243,000 | = | 0.0% |
| Capital | 10 | €1,243,000 | €1,243,000 | = | 0.0% |
| Issued capital | 100 | €1,243,000 | €1,243,000 | = | 0.0% |
| Reserves | 13 | €269,887 | €269,887 | = | 0.0% |
| Non-distributable reserves | 130/1 | €100,107 | €100,107 | = | 0.0% |
| Legal reserve | 130 | €100,107 | €100,107 | = | 0.0% |
| Distributable reserves | 133 | €169,780 | €169,780 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€100,420 | -€272,878 | -€172,458 | -172% |
| Amounts payable | 17/49 | €2,069,015 | €1,912,279 | -€156,736 | -7.6% |
| Amounts payable after more than one year | 17 | €333,085 | €278,953 | -€54,132 | -16.3% |
| Financial debts | 170/4 | €333,085 | €278,953 | -€54,132 | -16.3% |
| Leasing and similar obligations | 172 | €17,682 | - | -€17,682 | |
| Credit institutions | 173 | €315,403 | €278,953 | -€36,450 | -11.6% |
| Amounts payable within one year | 42/48 | €1,644,842 | €1,517,155 | -€127,686 | -7.8% |
| Current portion of amounts payable after more than one year | 42 | €103,096 | €54,132 | -€48,964 | -47.5% |
| Financial debts | 43 | €750,000 | €1,000,000 | +€250,000 | +33.3% |
| Credit institutions | 430/8 | €750,000 | €1,000,000 | +€250,000 | +33.3% |
| Trade debts | 44 | €666,649 | €335,282 | -€331,367 | -49.7% |
| Suppliers | 440/4 | €666,649 | €335,282 | -€331,367 | -49.7% |
| Taxes, remuneration and social security | 45 | €125,097 | €127,742 | +€2,645 | +2.1% |
| Taxes | 450/3 | €19,744 | €23,751 | +€4,006 | +20.3% |
| Remuneration and social security | 454/9 | €105,352 | €103,991 | -€1,362 | -1.3% |
| Accrued charges and deferred income | 492/3 | €91,088 | €116,171 | +€25,083 | +27.5% |
| Operating income | 70/76A | €4,574,273 | €4,428,146 | -€146,127 | -3.2% |
| Turnover | 70 | €4,395,399 | €4,267,833 | -€127,566 | -2.9% |
| Other operating income | 74 | €178,875 | €144,814 | -€34,061 | -19.0% |
| Non-recurring operating income | 76A | - | €15,500 | +€15,500 | |
| Operating charges | 60/66A | €4,633,316 | €4,590,501 | -€42,815 | -0.9% |
| Goods for resale, raw materials and consumables | 60 | €1,008,916 | €1,068,846 | +€59,931 | +5.9% |
| Purchases | 600/8 | €1,008,916 | €1,068,846 | +€59,931 | +5.9% |
| Services and other goods | 61 | €2,256,535 | €2,228,508 | -€28,027 | -1.2% |
| Remuneration, social security and pensions | 62 | €824,022 | €770,862 | -€53,161 | -6.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €388,228 | €354,712 | -€33,517 | -8.6% |
| Other operating charges | 640/8 | €155,614 | €167,573 | +€11,959 | +7.7% |
| Operating profit (loss) | 9901 | -€59,042 | -€162,355 | -€103,312 | -175% |
| Financial income | 75/76B | €49,175 | €48,956 | -€218 | -0.4% |
| Recurring financial income | 75 | €49,175 | €48,956 | -€218 | -0.4% |
| Income from current assets | 751 | €49,013 | €48,265 | -€748 | -1.5% |
| Other financial income | 752/9 | €162 | €692 | +€530 | +328% |
| Financial charges | 65/66B | €79,001 | €58,113 | -€20,889 | -26.4% |
| Recurring financial charges | 65 | €79,001 | €58,113 | -€20,889 | -26.4% |
| Debt charges | 650 | €76,340 | €54,193 | -€22,147 | -29.0% |
| Other financial charges | 652/9 | €2,661 | €3,919 | +€1,258 | +47.3% |
| Profit (loss) for the period before taxes | 9903 | -€88,869 | -€171,511 | -€82,642 | -93.0% |
| Income taxes | 67/77 | €30,264 | €947 | -€29,317 | -96.9% |
| Taxes | 670/3 | €30,264 | €947 | -€29,317 | -96.9% |
| Profit (loss) for the period | 9904 | -€119,133 | -€172,458 | -€53,325 | -44.8% |
| Profit (loss) for the period to be appropriated | 9905 | -€119,133 | -€172,458 | -€53,325 | -44.8% |
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 14 October 2026 via checked.be.