Dynamic Port Agencies: 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.
Dynamic Port Agencies
Largest movements
- Receivables within one year +€1.3m
up €1.3m (+231%), from €544,450 to €1.8m
of which Trade receivables: +€1.3m
- Cash -€386,893
down €386,893 (-51.2%), from €756,198 to €369,305
mainly Receivables within one year (-€1.3m) and Contributions, distributions and other (-€95,552)
- Trade debts +€519,207
up €519,207 (+51.1%), from €1.0m to €1.5m
- Advances received +€406,068
new in 2025: €406,068
- Tax, wage and social debts -€56,645
down €56,645 (-78.1%), from €72,559 to €15,915
of which Taxes: -€54,799
- Gross operating margin -€124,974
down €124,974 (-31.6%), from €394,883 to €269,909
- Taxes -€39,146
down €39,146 (-51.6%), from €75,929 to €36,783
- Staff costs +€21,965
up €21,965 (+21.4%), from €102,416 to €124,381
- Other operating charges -€6,453
down €6,453 (-87.7%), from €7,362 to €909
- Financial charges +€4,538
up €4,538 (+274%), from €1,655 to €6,193
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 | €1,313,910 | €2,178,654 | +€864,745 | +65.8% |
| Fixed assets | 21/28 | €13,261 | €7,172 | -€6,089 | -45.9% |
| Tangible fixed assets | 22/27 | €11,206 | €5,117 | -€6,089 | -54.3% |
| Plant, machinery and equipment | 23 | €8,421 | €4,024 | -€4,396 | -52.2% |
| Furniture and vehicles | 24 | €2,785 | €1,092 | -€1,693 | -60.8% |
| Financial fixed assets | 28 | €2,055 | €2,055 | = | 0.0% |
| Current assets | 29/58 | €1,300,648 | €2,171,483 | +€870,834 | +67.0% |
| Amounts receivable within one year | 40/41 | €544,450 | €1,802,178 | +€1.3m | +231% |
| Trade receivables | 40 | €544,450 | €1,801,461 | +€1.3m | +231% |
| Other amounts receivable | 41 | - | €717 | +€717 | |
| Cash at bank and in hand | 54/58 | €756,198 | €369,305 | -€386,893 | -51.2% |
| Total equity and liabilities | 10/49 | €1,313,910 | €2,178,654 | +€864,745 | +65.8% |
| Equity | 10/15 | €20,462 | €20,463 | +€1 | 0.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €2 | €3 | +€1 | +21.6% |
| Amounts payable | 17/49 | €1,293,447 | €2,158,191 | +€864,744 | +66.9% |
| Amounts payable within one year | 42/48 | €1,293,447 | €2,157,072 | +€863,625 | +66.8% |
| Trade debts | 44 | €1,015,916 | €1,535,123 | +€519,207 | +51.1% |
| Suppliers | 440/4 | €1,015,916 | €1,535,123 | +€519,207 | +51.1% |
| Advances received on contracts in progress | 46 | - | €406,068 | +€406,068 | |
| Taxes, remuneration and social security | 45 | €72,559 | €15,915 | -€56,645 | -78.1% |
| Taxes | 450/3 | €56,377 | €1,578 | -€54,799 | -97.2% |
| Remuneration and social security | 454/9 | €16,182 | €14,337 | -€1,845 | -11.4% |
| Other amounts payable | 47/48 | €204,972 | €199,967 | -€5,005 | -2.4% |
| Accrued charges and deferred income | 492/3 | - | €1,119 | +€1,119 | |
| Remuneration, social security and pensions | 62 | €102,416 | €124,381 | +€21,965 | +21.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,089 | €6,089 | = | 0.0% |
| Other operating charges | 640/8 | €7,362 | €909 | -€6,453 | -87.7% |
| Gross operating margin | 9900 | €394,883 | €269,909 | -€124,974 | -31.6% |
| Operating profit (loss) | 9901 | €279,015 | €138,529 | -€140,486 | -50.4% |
| Financial income | 75/76B | €2,883 | - | -€2,883 | |
| Recurring financial income | 75 | €2,883 | - | -€2,883 | |
| Financial charges | 65/66B | €1,655 | €6,193 | +€4,538 | +274% |
| Recurring financial charges | 65 | €1,655 | €6,193 | +€4,538 | +274% |
| Profit (loss) for the period before taxes | 9903 | €280,244 | €132,336 | -€147,908 | -52.8% |
| Income taxes | 67/77 | €75,929 | €36,783 | -€39,146 | -51.6% |
| Profit (loss) for the period | 9904 | €204,315 | €95,553 | -€108,762 | -53.2% |
| Profit (loss) for the period to be appropriated | 9905 | €204,315 | €95,553 | -€108,762 | -53.2% |
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 25 October 2026 via checked.be.