DGA 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
DGA Shipping
NACE 52.249, Warehousing and support activities for transportation
financial year 31-12-2025 compared with 31-12-2024filed annual accounts (NBB)
Net result for the year
€1.4m
31-12-2024 · €1.8m-€381,724
Equity
€9.6m
31-12-2024 · €10.2m-€602,244
Cash
€564,306
31-12-2024 · €189,012+€375,294
Balance sheet total
€14.0m
31-12-2024 · €16.1m-€2.1m
Largest movements
Assets
- Receivables within one year -€2.3m
down €2.3m (-15.7%), from €14.4m to €12.2m
of which Other amounts receivable: -€4.4m
- Cash +€375,294
up €375,294 (+199%), from €189,012 to €564,306
mainly Receivables within one year (+€2.3m) and Net result for the year (+€1.4m)
- Deferred charges and accrued income -€288,846
down €288,846 (-65.2%), from €442,971 to €154,125
Equity and liabilities
- Other debts -€1.0m
down €1.0m (-33.6%), from €3.0m to €2.0m
- Profit (loss) carried forward -€602,244
down €602,244 (-6.5%), from €9.2m to €8.6m
- Trade debts -€597,549
down €597,549 (-45.2%), from €1.3m to €723,663
Income statement
- Turnover +€1.7m
up €1.7m (+4.9%), from €35.1m to €36.8m
- Goods and materials +€1.3m
up €1.3m (+4.8%), from €27.9m to €29.2m
of which Purchases: +€1.3m
- Services and other goods +€741,293
up €741,293 (+29.2%), from €2.5m to €3.3m
From the 31-12-2024 result to the 31-12-2025 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 31-12-2024
€1.8m
Turnover
+€1.7m
Other operating income
+€83,229
Goods and materials
-€1.3m
Services and other goods
-€741,293
Staff costs
-€239,798
Depreciation
-€2,261
Write-downs
-€7,435
Provisions
+€55,765
Other operating charges
-€4,470
Other operating items
+€111
Financial income
-€87,072
Financial charges
-€2,686
Taxes
+€169,891
Result 31-12-2025
€1.4m
raises the resultlowers the resultnot broken down further in the accounts
Derived cash bridge
Derived from the 31-12-2024 and 31-12-2025 balance sheets and the 31-12-2025 result: not a filed cash-flow statement. It shows where the money came from and went.
From operations
+€2.6m
Investment
-€232,396
Financing
-€2.0m
Cash 31-12-2024
€189,012
From operations (derived)
+€2.6m
Net result for the year
+€1.4m
Depreciation
+€122,971
Stocks and contracts
+€43,882
Receivables within one year
+€2.3m
Deferred charges and accrued income
+€288,846
Provisions
+€27,368
Trade debts
-€597,549
Tax, wage and social debts
+€128,274
Other debts
-€1.0m
Accrued charges and deferred income
-€65,248
Investment (derived)
-€232,396
Investment in fixed assets (net)
-€232,396
Financing
-€2.0m
Contributions, distributions and other
-€2.0m
Cash 31-12-2025
€564,306
brings cash intakes cash out
Every line side by side
| Line | Code | 31-12-2024 | 31-12-2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €16,069,530 | €13,950,130 | -€2.1m | -13.2% |
| Fixed assets | 21/28 | €751,873 | €861,297 | +€109,425 | +14.6% |
| Intangible fixed assets | 21 | €87 | €19,327 | +€19,240 | +22,200% |
| Tangible fixed assets | 22/27 | €741,594 | €831,778 | +€90,184 | +12.2% |
| Furniture and vehicles | 24 | €741,594 | €831,778 | +€90,184 | +12.2% |
| Financial fixed assets | 28 | €10,192 | €10,192 | = | 0.0% |
| Other financial fixed assets | 284/8 | €10,192 | €10,192 | = | 0.0% |
| Amounts receivable and cash guarantees | 285/8 | €10,192 | €10,192 | = | 0.0% |
| Current assets | 29/58 | €15,317,657 | €13,088,832 | -€2.2m | -14.6% |
| Stocks and contracts in progress | 3 | €250,880 | €206,998 | -€43,882 | -17.5% |
| Stocks | 30/36 | €250,880 | €206,998 | -€43,882 | -17.5% |
| Raw materials and consumables | 30/31 | €86,491 | €80,719 | -€5,772 | -6.7% |
| Goods purchased for resale | 34 | €164,389 | €126,279 | -€38,110 | -23.2% |
| Amounts receivable within one year | 40/41 | €14,434,793 | €12,163,403 | -€2.3m | -15.7% |
| Trade receivables | 40 | €4,565,786 | €6,665,782 | +€2.1m | +46.0% |
| Other amounts receivable | 41 | €9,869,007 | €5,497,622 | -€4.4m | -44.3% |
| Cash at bank and in hand | 54/58 | €189,012 | €564,306 | +€375,294 | +199% |
| Deferred charges and accrued income | 490/1 | €442,971 | €154,125 | -€288,846 | -65.2% |
| Total equity and liabilities | 10/49 | €16,069,530 | €13,950,130 | -€2.1m | -13.2% |
| Equity | 10/15 | €10,230,371 | €9,628,127 | -€602,244 | -5.9% |
| Contributions | 10/11 | €905,200 | €905,200 | = | 0.0% |
| Reserves | 13 | €90,520 | €90,520 | = | 0.0% |
| Non-distributable reserves | 130/1 | €90,520 | €90,520 | = | 0.0% |
| Reserves not available under the articles | 1311 | €90,520 | €90,520 | = | 0.0% |
| Profit (loss) carried forward | 14 | €9,234,651 | €8,632,407 | -€602,244 | -6.5% |
| Provisions and deferred taxes | 16 | €516,020 | €543,388 | +€27,368 | +5.3% |
| Provisions for liabilities and charges | 160/5 | €516,020 | €543,388 | +€27,368 | +5.3% |
| Major repairs and maintenance | 162 | €466,020 | €493,388 | +€27,368 | +5.9% |
| Other liabilities and charges | 164/5 | €50,000 | €50,000 | = | 0.0% |
| Amounts payable | 17/49 | €5,323,138 | €3,778,615 | -€1.5m | -29.0% |
| Amounts payable within one year | 42/48 | €4,855,012 | €3,375,737 | -€1.5m | -30.5% |
| Trade debts | 44 | €1,321,212 | €723,663 | -€597,549 | -45.2% |
| Suppliers | 440/4 | €1,321,212 | €723,663 | -€597,549 | -45.2% |
| Taxes, remuneration and social security | 45 | €523,799 | €652,074 | +€128,274 | +24.5% |
| Taxes | 450/3 | €170,870 | €272,740 | +€101,870 | +59.6% |
| Remuneration and social security | 454/9 | €352,929 | €379,334 | +€26,404 | +7.5% |
| Other amounts payable | 47/48 | €3,010,000 | €2,000,000 | -€1.0m | -33.6% |
| Accrued charges and deferred income | 492/3 | €468,126 | €402,878 | -€65,248 | -13.9% |
| Operating income | 70/76A | €35,198,297 | €37,042,504 | +€1.8m | +5.2% |
| Turnover | 70 | €35,083,891 | €36,808,415 | +€1.7m | +4.9% |
| Other operating income | 74 | €109,186 | €192,415 | +€83,229 | +76.2% |
| Non-recurring operating income | 76A | €5,221 | €41,674 | +€36,453 | +698% |
| Operating charges | 60/66A | €33,039,101 | €35,345,164 | +€2.3m | +7.0% |
| Goods for resale, raw materials and consumables | 60 | €27,888,547 | €29,218,776 | +€1.3m | +4.8% |
| Purchases | 600/8 | €27,900,648 | €29,174,894 | +€1.3m | +4.6% |
| Change in stocks: decrease (increase) | 609 | -€12,101 | €43,882 | +€55,983 | |
| Services and other goods | 61 | €2,540,651 | €3,281,944 | +€741,293 | +29.2% |
| Remuneration, social security and pensions | 62 | €2,363,040 | €2,602,838 | +€239,798 | +10.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €120,711 | €122,971 | +€2,261 | +1.9% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €7,435 | +€7,435 | |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | €83,133 | €27,368 | -€55,765 | -67.1% |
| Other operating charges | 640/8 | €37,687 | €42,158 | +€4,470 | +11.9% |
| Non-recurring operating charges | 66A | €5,332 | €41,674 | +€36,342 | +682% |
| Operating profit (loss) | 9901 | €2,159,196 | €1,697,340 | -€461,856 | -21.4% |
| Financial income | 75/76B | €292,624 | €205,552 | -€87,072 | -29.8% |
| Recurring financial income | 75 | €292,624 | €205,552 | -€87,072 | -29.8% |
| Income from current assets | 751 | €282,655 | €203,870 | -€78,785 | -27.9% |
| Other financial income | 752/9 | €9,969 | €1,682 | -€8,287 | -83.1% |
| Financial charges | 65/66B | €28,260 | €30,946 | +€2,686 | +9.5% |
| Recurring financial charges | 65 | €28,260 | €30,946 | +€2,686 | +9.5% |
| Debt charges | 650 | €18,125 | €22,364 | +€4,239 | +23.4% |
| Other financial charges | 652/9 | €10,135 | €8,583 | -€1,553 | -15.3% |
| Profit (loss) for the period before taxes | 9903 | €2,423,561 | €1,871,946 | -€551,615 | -22.8% |
| Income taxes | 67/77 | €644,081 | €474,190 | -€169,891 | -26.4% |
| Taxes | 670/3 | €644,100 | €494,375 | -€149,725 | -23.2% |
| Tax adjustments and reversals of tax provisions | 77 | €19 | €20,185 | +€20,166 | +106,083% |
| Profit (loss) for the period | 9904 | €1,779,479 | €1,397,756 | -€381,724 | -21.5% |
| Profit (loss) for the period to be appropriated | 9905 | €1,779,479 | €1,397,756 | -€381,724 | -21.5% |
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 15 October 2026 via checked.be.