Douglas Terminals TopCo: 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.
Douglas Terminals TopCo
Largest movements
- Receivables within one year -€4.1m
down €4.1m (-93.4%), from €4.4m to €288,148
- Cash -€2.9m
down €2.9m (-68.9%), from €4.2m to €1.3m
mainly Contributions, distributions and other (-€4.2m) and Debts after one year (-€3.2m)
- Contributions -€4.2m
down €4.2m (-40.4%), from €10.3m to €6.1m
- Debts after one year -€3.2m
down €3.2m (-8.7%), from €37.4m to €34.2m
- Other debts +€1.3m
up €1.3m (+159%), from €816,552 to €2.1m
- Profit (loss) carried forward -€872,261
down €872,261 (-23.5%), from -€3.7m to -€4.6m
No income-statement line moved by more than 1% of the activity.
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 | €44,816,056 | €37,844,651 | -€7.0m | -15.6% |
| Fixed assets | 21/28 | €14,019,563 | €14,019,563 | = | 0.0% |
| Financial fixed assets | 28 | €14,019,563 | €14,019,563 | = | 0.0% |
| Affiliated companies | 280/1 | €14,019,563 | €14,019,563 | = | 0.0% |
| Participating interests | 280 | €14,019,563 | €14,019,563 | = | 0.0% |
| Current assets | 29/58 | €30,796,493 | €23,825,088 | -€7.0m | -22.6% |
| Amounts receivable after more than one year | 29 | €22,229,695 | €22,229,695 | = | 0.0% |
| Other amounts receivable | 291 | €22,229,695 | €22,229,695 | = | 0.0% |
| Stocks and contracts in progress | 3 | €0 | €0 | = | |
| Amounts receivable within one year | 40/41 | €4,369,015 | €288,148 | -€4.1m | -93.4% |
| Other amounts receivable | 41 | €4,369,015 | €288,148 | -€4.1m | -93.4% |
| Cash at bank and in hand | 54/58 | €4,197,782 | €1,307,245 | -€2.9m | -68.9% |
| Total equity and liabilities | 10/49 | €44,816,056 | €37,844,651 | -€7.0m | -15.6% |
| Equity | 10/15 | €6,593,044 | €1,563,361 | -€5.0m | -76.3% |
| Contributions | 10/11 | €10,298,335 | €6,140,912 | -€4.2m | -40.4% |
| Profit (loss) carried forward | 14 | -€3,705,291 | -€4,577,551 | -€872,261 | -23.5% |
| Amounts payable | 17/49 | €38,223,012 | €36,281,290 | -€1.9m | -5.1% |
| Amounts payable after more than one year | 17 | €37,401,536 | €34,163,334 | -€3.2m | -8.7% |
| Financial debts | 170/4 | €37,401,536 | €34,163,334 | -€3.2m | -8.7% |
| Other loans | 174 | €37,401,536 | €34,163,334 | -€3.2m | -8.7% |
| Amounts payable within one year | 42/48 | €821,476 | €2,117,956 | +€1.3m | +158% |
| Trade debts | 44 | €4,924 | €3,221 | -€1,703 | -34.6% |
| Suppliers | 440/4 | €4,924 | €3,221 | -€1,703 | -34.6% |
| Other amounts payable | 47/48 | €816,552 | €2,114,736 | +€1.3m | +159% |
| Operating charges | 60/66A | €89,675 | €97,018 | +€7,343 | +8.2% |
| Services and other goods | 61 | €88,707 | €96,020 | +€7,312 | +8.2% |
| Other operating charges | 640/8 | €968 | €998 | +€31 | +3.2% |
| Operating profit (loss) | 9901 | -€89,675 | -€97,018 | -€7,343 | -8.2% |
| Financial income | 75/76B | €1,522,843 | €1,518,683 | -€4,161 | -0.3% |
| Recurring financial income | 75 | €1,522,843 | €1,518,683 | -€4,161 | -0.3% |
| Income from current assets | 751 | €1,522,843 | €1,518,683 | -€4,161 | -0.3% |
| Financial charges | 65/66B | €2,518,221 | €2,293,925 | -€224,296 | -8.9% |
| Recurring financial charges | 65 | €2,518,221 | €2,293,925 | -€224,296 | -8.9% |
| Debt charges | 650 | €2,516,894 | €2,292,701 | -€224,193 | -8.9% |
| Other financial charges | 652/9 | €1,327 | €1,224 | -€103 | -7.8% |
| Profit (loss) for the period before taxes | 9903 | -€1,085,053 | -€872,261 | +€212,792 | +19.6% |
| Profit (loss) for the period | 9904 | -€1,085,053 | -€872,261 | +€212,792 | +19.6% |
| Profit (loss) for the period to be appropriated | 9905 | -€1,085,053 | -€872,261 | +€212,792 | +19.6% |
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 24 October 2026 via checked.be.