Driessen Shipmanagement: 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.
Driessen Shipmanagement
Largest movements
- Receivables after one year +€7.0m
up €7.0m (+372%), from €1.9m to €8.9m
of which Trade receivables: +€7.0m
- Receivables within one year +€1.5m
up €1.5m (+978%), from €152,417 to €1.6m
of which Other amounts receivable: +€1.5m
- Advances received +€8.0m
new in 2025: €8.0m
- Reserves +€386,508
up €386,508 (+65.2%), from €592,825 to €979,333
- Debts after one year +€255,000
new in 2025: €255,000
- Other debts -€186,089
down €186,089 (-11.1%), from €1.7m to €1.5m
- Financial income +€1.3m
up €1.3m (+4,193%), from €30,760 to €1.3m
- Gross operating margin -€260,790
down €260,790, from €22,853 to -€237,936
- Financial charges -€5,958
down €5,958 (-10.0%), from €59,585 to €53,627
of which Non-recurring financial charges: -€10,000
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 | €2,354,246 | €10,857,062 | +€8.5m | +361% |
| Fixed assets | 21/28 | €273,337 | €256,955 | -€16,382 | -6.0% |
| Tangible fixed assets | 22/27 | €76,464 | €60,082 | -€16,382 | -21.4% |
| Plant, machinery and equipment | 23 | €8,534 | €5,467 | -€3,067 | -35.9% |
| Furniture and vehicles | 24 | €67,930 | €54,614 | -€13,315 | -19.6% |
| Financial fixed assets | 28 | €196,873 | €196,873 | = | 0.0% |
| Current assets | 29/58 | €2,080,909 | €10,600,107 | +€8.5m | +409% |
| Amounts receivable after more than one year | 29 | €1,883,144 | €8,883,144 | +€7.0m | +372% |
| Trade receivables | 290 | €432,000 | €7,432,000 | +€7.0m | +1,620% |
| Other amounts receivable | 291 | €1,451,144 | €1,451,144 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €152,417 | €1,643,278 | +€1.5m | +978% |
| Trade receivables | 40 | €11,770 | €12,512 | +€742 | +6.3% |
| Other amounts receivable | 41 | €140,647 | €1,630,766 | +€1.5m | +1,059% |
| Cash at bank and in hand | 54/58 | €45,347 | €15,352 | -€29,996 | -66.1% |
| Deferred charges and accrued income | 490/1 | - | €58,333 | +€58,333 | |
| Total equity and liabilities | 10/49 | €2,354,246 | €10,857,062 | +€8.5m | +361% |
| Equity | 10/15 | €611,425 | €997,933 | +€386,508 | +63.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €592,825 | €979,333 | +€386,508 | +65.2% |
| Distributable reserves | 133 | €592,825 | €979,333 | +€386,508 | +65.2% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €1,742,820 | €9,859,129 | +€8.1m | +466% |
| Amounts payable after more than one year | 17 | - | €255,000 | +€255,000 | |
| Financial debts | 170/4 | - | €255,000 | +€255,000 | |
| Amounts payable within one year | 42/48 | €1,729,717 | €9,590,848 | +€7.9m | +454% |
| Current portion of amounts payable after more than one year | 42 | €0 | - | = | |
| Trade debts | 44 | €47,877 | €1,346 | -€46,531 | -97.2% |
| Suppliers | 440/4 | €47,877 | €1,346 | -€46,531 | -97.2% |
| Advances received on contracts in progress | 46 | - | €8,000,000 | +€8.0m | |
| Taxes, remuneration and social security | 45 | €1,244 | €94,994 | +€93,750 | +7,534% |
| Taxes | 450/3 | €1,244 | €94,994 | +€93,750 | +7,534% |
| Other amounts payable | 47/48 | €1,680,596 | €1,494,507 | -€186,089 | -11.1% |
| Accrued charges and deferred income | 492/3 | €13,103 | €13,281 | +€178 | +1.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,732 | €16,382 | -€350 | -2.1% |
| Other operating charges | 640/8 | €1,129 | €1,173 | +€44 | +3.9% |
| Gross operating margin | 9900 | €22,853 | -€237,936 | -€260,790 | |
| Operating profit (loss) | 9901 | €4,992 | -€255,492 | -€260,484 | |
| Financial income | 75/76B | €30,760 | €1,320,627 | +€1.3m | +4,193% |
| Recurring financial income | 75 | €30,760 | €1,320,627 | +€1.3m | +4,193% |
| Financial charges | 65/66B | €59,585 | €53,627 | -€5,958 | -10.0% |
| Recurring financial charges | 65 | €49,585 | €53,627 | +€4,042 | +8.2% |
| Non-recurring financial charges | 66B | €10,000 | €0 | -€10,000 | -100% |
| Profit (loss) for the period before taxes | 9903 | -€23,833 | €1,011,508 | +€1.0m | |
| Income taxes | 67/77 | -€2,054 | €0 | +€2,054 | |
| Profit (loss) for the period | 9904 | -€21,780 | €1,011,508 | +€1.0m | |
| Profit (loss) for the period to be appropriated | 9905 | -€21,780 | €1,011,508 | +€1.0m |
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 31 October 2026 via checked.be.