DANAOS: 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.
DANAOS
Largest movements
- Receivables within one year +€1.4m
up €1.4m (+84.6%), from €1.6m to €3.0m
of which Other amounts receivable: +€1.4m
- Receivables after one year -€985,000
down €985,000 (-38.0%), from €2.6m to €1.6m
- Tangible fixed assets -€150,840
down €150,840 (-5.4%), from €2.8m to €2.6m
of which Plant, machinery and equipment: -€113,996
- Other debts +€292,857
up €292,857 (+6.1%), from €4.8m to €5.1m
- Profit (loss) carried forward -€85,474
down €85,474 (-6.4%), from -€1.3m to -€1.4m
- Financial income -€684,851
down €684,851 (-80.2%), from €854,318 to €169,467
- Financial charges +€32,026
up €32,026 (+58.6%), from €54,681 to €86,708
- Gross operating margin -€25,425
down €25,425, from €24,855 to -€569
- Other operating charges +€502
up €502 (+3.1%), from €16,031 to €16,533
- Depreciation -€501
down €501 (-0.3%), from €151,341 to €150,840
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 | €7,099,408 | €7,305,716 | +€206,308 | +2.9% |
| Fixed assets | 21/28 | €2,784,545 | €2,633,705 | -€150,840 | -5.4% |
| Tangible fixed assets | 22/27 | €2,784,545 | €2,633,705 | -€150,840 | -5.4% |
| Land and buildings | 22 | €943,728 | €906,884 | -€36,844 | -3.9% |
| Plant, machinery and equipment | 23 | €1,838,817 | €1,724,821 | -€113,996 | -6.2% |
| Furniture and vehicles | 24 | €2,000 | €2,000 | = | 0.0% |
| Current assets | 29/58 | €4,314,864 | €4,672,012 | +€357,148 | +8.3% |
| Amounts receivable after more than one year | 29 | €2,595,000 | €1,610,000 | -€985,000 | -38.0% |
| Other amounts receivable | 291 | €2,595,000 | €1,610,000 | -€985,000 | -38.0% |
| Amounts receivable within one year | 40/41 | €1,609,326 | €2,970,397 | +€1.4m | +84.6% |
| Trade receivables | 40 | €7,867 | €9,858 | +€1,991 | +25.3% |
| Other amounts receivable | 41 | €1,601,459 | €2,960,540 | +€1.4m | +84.9% |
| Cash at bank and in hand | 54/58 | €107,639 | €89,660 | -€17,979 | -16.7% |
| Deferred charges and accrued income | 490/1 | €2,899 | €1,954 | -€945 | -32.6% |
| Total equity and liabilities | 10/49 | €7,099,408 | €7,305,716 | +€206,308 | +2.9% |
| Equity | 10/15 | €254,778 | €169,304 | -€85,474 | -33.5% |
| Contributions | 10/11 | €1,600,000 | €1,600,000 | = | 0.0% |
| Capital | 10 | €1,600,000 | €1,600,000 | = | 0.0% |
| Issued capital | 100 | €1,600,000 | €1,600,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€1,345,222 | -€1,430,696 | -€85,474 | -6.4% |
| Amounts payable | 17/49 | €6,844,630 | €7,136,413 | +€291,782 | +4.3% |
| Amounts payable after more than one year | 17 | €1,002,178 | €1,002,178 | = | 0.0% |
| Financial debts | 170/4 | €1,000,000 | €1,000,000 | = | 0.0% |
| Other amounts payable | 178/9 | €2,178 | €2,178 | = | 0.0% |
| Amounts payable within one year | 42/48 | €5,842,452 | €6,134,235 | +€291,782 | +5.0% |
| Financial debts | 43 | €1,000,000 | €1,000,000 | = | 0.0% |
| Credit institutions | 430/8 | €1,000,000 | €1,000,000 | = | 0.0% |
| Trade debts | 44 | €5,328 | €2,101 | -€3,227 | -60.6% |
| Suppliers | 440/4 | €5,328 | €2,101 | -€3,227 | -60.6% |
| Taxes, remuneration and social security | 45 | €555 | €2,707 | +€2,152 | +388% |
| Taxes | 450/3 | €555 | €2,707 | +€2,152 | +388% |
| Other amounts payable | 47/48 | €4,836,569 | €5,129,426 | +€292,857 | +6.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €151,341 | €150,840 | -€501 | -0.3% |
| Other operating charges | 640/8 | €16,031 | €16,533 | +€502 | +3.1% |
| Gross operating margin | 9900 | €24,855 | -€569 | -€25,425 | |
| Operating profit (loss) | 9901 | -€142,517 | -€167,942 | -€25,426 | -17.8% |
| Financial income | 75/76B | €854,318 | €169,467 | -€684,851 | -80.2% |
| Recurring financial income | 75 | €854,318 | €169,467 | -€684,851 | -80.2% |
| Financial charges | 65/66B | €54,681 | €86,708 | +€32,026 | +58.6% |
| Recurring financial charges | 65 | €54,681 | €86,708 | +€32,026 | +58.6% |
| Profit (loss) for the period before taxes | 9903 | €657,120 | -€85,183 | -€742,303 | |
| Income taxes | 67/77 | €283 | €291 | +€8 | +2.9% |
| Profit (loss) for the period | 9904 | €656,837 | -€85,474 | -€742,311 | |
| Profit (loss) for the period to be appropriated | 9905 | €656,837 | -€85,474 | -€742,311 |
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.