DOCKLANDS: 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
DOCKLANDS
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
-€69,100
2024 · €72,492-€141,592
Equity
€918,428
2024 · €987,528-€69,100
Cash
€26,034
2024 · €180,504-€154,470
Balance sheet total
€20.0m
2024 · €22.7m-€2.8m
Largest movements
Assets
- Stocks and contracts -€3.3m
down €3.3m (-17.0%), from €19.4m to €16.1m
- Receivables within one year +€616,543
up €616,543 (+58.5%), from €1.1m to €1.7m
Equity and liabilities
- Short-term financial debts -€3.3m
down €3.3m (-19.9%), from €16.6m to €13.3m
- Other debts +€455,613
up €455,613 (+98.7%), from €461,711 to €917,325
Income statement
- Goods and materials +€3.8m
up €3.8m (+2,963%), from €128,923 to €3.9m
of which Change in stocks: decrease (increase): +€17.3m
- Turnover +€3.7m
up €3.7m (+1,242%), from €296,048 to €4.0m
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
€72,492
Turnover
+€3.7m
Goods and materials
-€3.8m
Services and other goods
+€8,584
Other operating charges
-€4,305
Financial income
+€500
Financial charges
-€6,764
Taxes
+€3,645
Result 2025
-€69,100
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
+€3.1m
Investment
-€23,607
Financing
-€3.2m
Cash 2024
€180,504
From operations (derived)
+€3.1m
Net result for the year
-€69,100
Stocks and contracts
+€3.3m
Receivables within one year
-€616,543
Deferred charges and accrued income
-€40,644
Smaller working-capital items
-€6,029
Other debts
+€455,613
Accrued charges and deferred income
+€46,368
Investment (derived)
-€23,607
Investment in fixed assets (net)
-€23,607
Financing
-€3.2m
Debts after one year
+€90,760
Short-term financial debts
-€3.3m
Cash 2025
€26,034
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €22,740,274 | €19,960,487 | -€2.8m | -12.2% |
| Fixed assets | 21/28 | €2,084,099 | €2,107,706 | +€23,607 | +1.1% |
| Financial fixed assets | 28 | €2,084,099 | €2,107,706 | +€23,607 | +1.1% |
| Affiliated companies | 280/1 | €2,084,099 | €2,107,706 | +€23,607 | +1.1% |
| Participating interests | 280 | €1,501,270 | €1,501,270 | = | 0.0% |
| Amounts receivable | 281 | €582,829 | €606,436 | +€23,607 | +4.1% |
| Current assets | 29/58 | €20,656,174 | €17,852,781 | -€2.8m | -13.6% |
| Stocks and contracts in progress | 3 | €19,422,300 | €16,116,190 | -€3.3m | -17.0% |
| Stocks | 30/36 | €19,422,300 | €16,116,190 | -€3.3m | -17.0% |
| Property held for sale | 35 | €19,422,300 | €16,116,190 | -€3.3m | -17.0% |
| Amounts receivable within one year | 40/41 | €1,053,371 | €1,669,913 | +€616,543 | +58.5% |
| Other amounts receivable | 41 | €1,053,371 | €1,669,913 | +€616,543 | +58.5% |
| Cash at bank and in hand | 54/58 | €180,504 | €26,034 | -€154,470 | -85.6% |
| Deferred charges and accrued income | 490/1 | - | €40,644 | +€40,644 | |
| Total equity and liabilities | 10/49 | €22,740,274 | €19,960,487 | -€2.8m | -12.2% |
| Equity | 10/15 | €987,528 | €918,428 | -€69,100 | -7.0% |
| Contributions | 10/11 | €100,000 | €100,000 | = | 0.0% |
| Capital | 10 | €100,000 | €100,000 | = | 0.0% |
| Issued capital | 100 | €100,000 | €100,000 | = | 0.0% |
| Reserves | 13 | €10,000 | €10,000 | = | 0.0% |
| Non-distributable reserves | 130/1 | €10,000 | €10,000 | = | 0.0% |
| Legal reserve | 130 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €877,528 | €808,428 | -€69,100 | -7.9% |
| Amounts payable | 17/49 | €21,752,746 | €19,042,059 | -€2.7m | -12.5% |
| Amounts payable after more than one year | 17 | €4,696,783 | €4,787,543 | +€90,760 | +1.9% |
| Financial debts | 170/4 | €4,696,783 | €4,787,543 | +€90,760 | +1.9% |
| Subordinated loans | 170 | €1,895,303 | €1,956,063 | +€60,760 | +3.2% |
| Other loans | 174 | €2,801,480 | €2,831,480 | +€30,000 | +1.1% |
| Amounts payable within one year | 42/48 | €17,043,462 | €14,195,647 | -€2.8m | -16.7% |
| Financial debts | 43 | €16,570,000 | €13,272,601 | -€3.3m | -19.9% |
| Credit institutions | 430/8 | €16,570,000 | €13,272,601 | -€3.3m | -19.9% |
| Trade debts | 44 | €8,105 | €5,722 | -€2,383 | -29.4% |
| Suppliers | 440/4 | €8,105 | €5,722 | -€2,383 | -29.4% |
| Taxes, remuneration and social security | 45 | €3,645 | - | -€3,645 | |
| Taxes | 450/3 | €3,645 | - | -€3,645 | |
| Other amounts payable | 47/48 | €461,711 | €917,325 | +€455,613 | +98.7% |
| Accrued charges and deferred income | 492/3 | €12,502 | €58,869 | +€46,368 | +371% |
| Operating income | 70/76A | €296,048 | €3,972,618 | +€3.7m | +1,242% |
| Turnover | 70 | €296,048 | €3,972,618 | +€3.7m | +1,242% |
| Operating charges | 60/66A | €145,292 | €3,960,835 | +€3.8m | +2,626% |
| Goods for resale, raw materials and consumables | 60 | €128,923 | €3,948,745 | +€3.8m | +2,963% |
| Purchases | 600/8 | €14,159,056 | €642,635 | -€13.5m | -95.5% |
| Change in stocks: decrease (increase) | 609 | -€14,030,134 | €3,306,110 | +€17.3m | |
| Services and other goods | 61 | €9,724 | €1,140 | -€8,584 | -88.3% |
| Other operating charges | 640/8 | €6,645 | €10,950 | +€4,305 | +64.8% |
| Operating profit (loss) | 9901 | €150,757 | €11,782 | -€138,974 | -92.2% |
| Financial income | 75/76B | €5,107 | €5,607 | +€500 | +9.8% |
| Recurring financial income | 75 | €5,107 | €5,607 | +€500 | +9.8% |
| Income from financial fixed assets | 750 | €5,107 | €5,607 | +€500 | +9.8% |
| Financial charges | 65/66B | €79,726 | €86,489 | +€6,764 | +8.5% |
| Recurring financial charges | 65 | €79,726 | €86,489 | +€6,764 | +8.5% |
| Debt charges | 650 | €79,726 | €86,489 | +€6,764 | +8.5% |
| Profit (loss) for the period before taxes | 9903 | €76,138 | -€69,100 | -€145,237 | |
| Income taxes | 67/77 | €3,645 | - | -€3,645 | |
| Taxes | 670/3 | €3,645 | - | -€3,645 | |
| Profit (loss) for the period | 9904 | €72,492 | -€69,100 | -€141,592 | |
| Profit (loss) for the period to be appropriated | 9905 | €72,492 | -€69,100 | -€141,592 |
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 18 October 2026 via checked.be.