DOCKS MANAGEMENT: 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.
DOCKS MANAGEMENT
Largest movements
- Receivables within one year +€755,239
up €755,239 (+22.3%), from €3.4m to €4.1m
of which Trade receivables: +€665,808
- Cash -€118,825
down €118,825 (-48.1%), from €247,060 to €128,235
mainly Receivables within one year (-€755,239) and Accrued charges and deferred income (-€428,891)
- Deferred charges and accrued income +€98,771
up €98,771 (+215%), from €45,967 to €144,738
- Trade debts +€1.1m
up €1.1m (+61.8%), from €1.8m to €3.0m
- Accrued charges and deferred income -€428,891
down €428,891 (-23.4%), from €1.8m to €1.4m
- Gross operating margin +€172,355
up €172,355 (+128%), from €134,735 to €307,090
- Staff costs +€147,463
up €147,463 (+105%), from €139,999 to €287,462
- Taxes +€4,951
up €4,951, from €0 to €4,951
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 | €3,679,098 | €4,414,283 | +€735,185 | +20.0% |
| Fixed assets | 21/28 | €363 | €363 | = | 0.0% |
| Tangible fixed assets | 22/27 | €0 | - | = | |
| Furniture and vehicles | 24 | €0 | - | = | |
| Financial fixed assets | 28 | €363 | €363 | = | 0.0% |
| Current assets | 29/58 | €3,678,735 | €4,413,920 | +€735,185 | +20.0% |
| Amounts receivable within one year | 40/41 | €3,385,708 | €4,140,947 | +€755,239 | +22.3% |
| Trade receivables | 40 | €3,145,251 | €3,811,059 | +€665,808 | +21.2% |
| Other amounts receivable | 41 | €240,458 | €329,888 | +€89,431 | +37.2% |
| Cash at bank and in hand | 54/58 | €247,060 | €128,235 | -€118,825 | -48.1% |
| Deferred charges and accrued income | 490/1 | €45,967 | €144,738 | +€98,771 | +215% |
| Total equity and liabilities | 10/49 | €3,679,098 | €4,414,283 | +€735,185 | +20.0% |
| Equity | 10/15 | €4,269 | €15,842 | +€11,573 | +271% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€15,731 | -€4,158 | +€11,573 | +73.6% |
| Amounts payable | 17/49 | €3,674,829 | €4,398,441 | +€723,612 | +19.7% |
| Amounts payable within one year | 42/48 | €1,843,745 | €2,996,248 | +€1.2m | +62.5% |
| Trade debts | 44 | €1,833,683 | €2,967,475 | +€1.1m | +61.8% |
| Suppliers | 440/4 | €1,833,683 | €2,967,475 | +€1.1m | +61.8% |
| Taxes, remuneration and social security | 45 | €10,062 | €28,773 | +€18,711 | +186% |
| Taxes | 450/3 | - | €4,951 | +€4,951 | |
| Remuneration and social security | 454/9 | €10,062 | €23,822 | +€13,760 | +137% |
| Accrued charges and deferred income | 492/3 | €1,831,083 | €1,402,193 | -€428,891 | -23.4% |
| Remuneration, social security and pensions | 62 | €139,999 | €287,462 | +€147,463 | +105% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €58 | €0 | -€58 | -100% |
| Other operating charges | 640/8 | €1,086 | €1,118 | +€33 | +3.0% |
| Gross operating margin | 9900 | €134,735 | €307,090 | +€172,355 | +128% |
| Operating profit (loss) | 9901 | -€6,408 | €18,509 | +€24,917 | |
| Financial income | 75/76B | €0 | €1 | +€1 | +911% |
| Recurring financial income | 75 | €0 | €1 | +€1 | +911% |
| Financial charges | 65/66B | €3,380 | €1,987 | -€1,394 | -41.2% |
| Recurring financial charges | 65 | €3,380 | €1,987 | -€1,394 | -41.2% |
| Profit (loss) for the period before taxes | 9903 | -€9,788 | €16,524 | +€26,312 | |
| Income taxes | 67/77 | €0 | €4,951 | +€4,951 | |
| Profit (loss) for the period | 9904 | -€9,788 | €11,573 | +€21,361 | |
| Profit (loss) for the period to be appropriated | 9905 | -€9,788 | €11,573 | +€21,361 |
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 13 October 2026 via checked.be.