DEURGANCKDOKSLUIS: 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
DEURGANCKDOKSLUIS
NACE 52.220, Warehousing and support activities for transportation
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€330,236
2024 · -€279,465+€609,702
Equity
€32.6m
2024 · €36.3m-€3.7m
Cash
€2.7m
2024 · €2.1m+€551,597
Balance sheet total
€202.7m
2024 · €220.1m-€17.5m
Largest movements
Assets
- Tangible fixed assets -€17.9m
down €17.9m (-8.5%), from €210.5m to €192.6m
of which Land and buildings: -€17.9m
Equity and liabilities
- Debts after one year -€14.2m
down €14.2m (-8.8%), from €161.0m to €146.8m
- Investment grants -€4.1m
down €4.1m (-8.5%), from €47.9m to €43.8m
Income statement
- Financial charges -€872,025
down €872,025 (-11.6%), from €7.5m to €6.6m
- Financial income -€390,974
down €390,974 (-8.5%), from €4.6m to €4.2m
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
-€279,465
Turnover
+€123,000
Services and other goods
-€998
Depreciation
+€6,562
Other operating charges
+€87
Financial income
-€390,974
Financial charges
+€872,025
Result 2025
€330,236
raises the resultlowers the result
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
+€18.3m
Investment
-€0
Financing
-€17.7m
Cash 2024
€2.1m
From operations (derived)
+€18.3m
Net result for the year
+€330,236
Depreciation
+€18.0m
Smaller working-capital items
+€14,940
Tax, wage and social debts
-€75,316
Investment (derived)
-€0
Current investments
-€0
Financing
-€17.7m
Debts after one year
-€14.2m
Current portion of long-term debt
+€539,972
Contributions, distributions and other
-€4.1m
Cash 2025
€2.7m
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €220,144,726 | €202,670,294 | -€17.5m | -7.9% |
| Formation expenses | 20 | €753,637 | €651,623 | -€102,014 | -13.5% |
| Fixed assets | 21/28 | €210,514,698 | €192,598,553 | -€17.9m | -8.5% |
| Tangible fixed assets | 22/27 | €210,514,698 | €192,598,553 | -€17.9m | -8.5% |
| Land and buildings | 22 | €210,470,987 | €192,558,562 | -€17.9m | -8.5% |
| Plant, machinery and equipment | 23 | €43,711 | €39,991 | -€3,720 | -8.5% |
| Current assets | 29/58 | €8,876,392 | €9,420,117 | +€543,726 | +6.1% |
| Amounts receivable within one year | 40/41 | €6,536,965 | €6,527,793 | -€9,172 | -0.1% |
| Trade receivables | 40 | €6,429,762 | €6,429,816 | +€54 | 0.0% |
| Other amounts receivable | 41 | €107,203 | €97,977 | -€9,226 | -8.6% |
| Current investments | 50/53 | €1 | €2 | +€0 | +15.4% |
| Other investments | 51/53 | €1 | €2 | +€0 | +15.4% |
| Cash at bank and in hand | 54/58 | €2,146,793 | €2,698,390 | +€551,597 | +25.7% |
| Deferred charges and accrued income | 490/1 | €192,633 | €193,933 | +€1,301 | +0.7% |
| Total equity and liabilities | 10/49 | €220,144,726 | €202,670,294 | -€17.5m | -7.9% |
| Equity | 10/15 | €36,313,850 | €32,570,942 | -€3.7m | -10.3% |
| Contributions | 10/11 | €8,000,000 | €8,000,000 | = | 0.0% |
| Capital | 10 | €8,000,000 | €8,000,000 | = | 0.0% |
| Issued capital | 100 | €8,000,000 | €8,000,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€19,546,587 | -€19,216,350 | +€330,236 | +1.7% |
| Investment grants | 15 | €47,860,436 | €43,787,293 | -€4.1m | -8.5% |
| Provisions and deferred taxes | 16 | €2,650,703 | €2,650,703 | = | 0.0% |
| Deferred taxes | 168 | €2,650,703 | €2,650,703 | = | 0.0% |
| Amounts payable | 17/49 | €181,180,173 | €167,448,648 | -€13.7m | -7.6% |
| Amounts payable after more than one year | 17 | €161,005,132 | €146,801,883 | -€14.2m | -8.8% |
| Financial debts | 170/4 | €161,005,132 | €146,801,883 | -€14.2m | -8.8% |
| Subordinated loans | 170 | €19,967,976 | €18,888,868 | -€1.1m | -5.4% |
| Credit institutions | 173 | €141,037,156 | €127,913,014 | -€13.1m | -9.3% |
| Amounts payable within one year | 42/48 | €14,861,188 | €15,332,912 | +€471,724 | +3.2% |
| Current portion of amounts payable after more than one year | 42 | €13,663,278 | €14,203,249 | +€539,972 | +4.0% |
| Trade debts | 44 | €5,869 | €13,540 | +€7,670 | +131% |
| Suppliers | 440/4 | €5,869 | €13,540 | +€7,670 | +131% |
| Taxes, remuneration and social security | 45 | €1,191,439 | €1,116,123 | -€75,316 | -6.3% |
| Taxes | 450/3 | €1,190,202 | €1,114,942 | -€75,260 | -6.3% |
| Remuneration and social security | 454/9 | €1,237 | €1,181 | -€56 | -4.6% |
| Other amounts payable | 47/48 | €602 | - | -€602 | |
| Accrued charges and deferred income | 492/3 | €5,313,853 | €5,313,853 | = | 0.0% |
| Operating income | 70/76A | €21,132,412 | €21,255,412 | +€123,000 | +0.6% |
| Turnover | 70 | €21,132,412 | €21,255,412 | +€123,000 | +0.6% |
| Operating charges | 60/66A | €18,512,847 | €18,507,196 | -€5,651 | 0.0% |
| Services and other goods | 61 | €487,474 | €488,472 | +€998 | +0.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €18,024,720 | €18,018,158 | -€6,562 | 0.0% |
| Other operating charges | 640/8 | €653 | €565 | -€87 | -13.3% |
| Operating profit (loss) | 9901 | €2,619,565 | €2,748,216 | +€128,651 | +4.9% |
| Financial income | 75/76B | €4,597,789 | €4,206,814 | -€390,974 | -8.5% |
| Recurring financial income | 75 | €4,597,789 | €4,206,814 | -€390,974 | -8.5% |
| Income from current assets | 751 | €524,645 | €133,671 | -€390,974 | -74.5% |
| Other financial income | 752/9 | €4,073,143 | €4,073,144 | +€0 | 0.0% |
| Financial charges | 65/66B | €7,496,819 | €6,624,794 | -€872,025 | -11.6% |
| Recurring financial charges | 65 | €7,496,819 | €6,624,794 | -€872,025 | -11.6% |
| Debt charges | 650 | €7,496,642 | €6,624,669 | -€871,973 | -11.6% |
| Other financial charges | 652/9 | €176 | €125 | -€51 | -29.1% |
| Profit (loss) for the period before taxes | 9903 | -€279,465 | €330,236 | +€609,702 | |
| Profit (loss) for the period | 9904 | -€279,465 | €330,236 | +€609,702 | |
| Profit (loss) for the period to be appropriated | 9905 | -€279,465 | €330,236 | +€609,702 |
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 28 October 2026 via checked.be.