ECLAIR NAVAL SERVICE AFFRETEMENT: 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.
ECLAIR NAVAL SERVICE AFFRETEMENT
Largest movements
- Stocks and contracts +€2.1m
up €2.1m (+507%), from €422,738 to €2.6m
- Cash -€380,770
down €380,770 (-40.8%), from €932,524 to €551,755
mainly Stocks and contracts (-€2.1m) and Advances received (-€188,654)
- Receivables within one year -€173,657
down €173,657 (-11.8%), from €1.5m to €1.3m
of which Trade receivables: -€388,247
- Trade debts +€1.8m
up €1.8m (+74.1%), from €2.5m to €4.3m
- Advances received -€188,654
down €188,654 (-100%), from €188,654 to €0
- Gross operating margin -€172,227
down €172,227 (-92.6%), from €185,998 to €13,771
- Taxes -€36,928
no longer reported in 2025 (was €36,928)
- Financial charges -€18,884
down €18,884 (-38.1%), from €49,562 to €30,678
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 | €3,035,115 | €4,624,955 | +€1.6m | +52.4% |
| Formation expenses | 20 | - | €0 | = | |
| Fixed assets | 21/28 | €214,242 | €214,242 | = | 0.0% |
| Financial fixed assets | 28 | €214,242 | €214,242 | = | 0.0% |
| Current assets | 29/58 | €2,820,873 | €4,410,713 | +€1.6m | +56.4% |
| Stocks and contracts in progress | 3 | €422,738 | €2,567,005 | +€2.1m | +507% |
| Stocks | 30/36 | €422,738 | €2,567,005 | +€2.1m | +507% |
| Amounts receivable within one year | 40/41 | €1,465,610 | €1,291,953 | -€173,657 | -11.8% |
| Trade receivables | 40 | €1,128,158 | €739,911 | -€388,247 | -34.4% |
| Other amounts receivable | 41 | €337,453 | €552,042 | +€214,590 | +63.6% |
| Cash at bank and in hand | 54/58 | €932,524 | €551,755 | -€380,770 | -40.8% |
| Deferred charges and accrued income | 490/1 | €0 | - | = | |
| Total equity and liabilities | 10/49 | €3,035,115 | €4,624,955 | +€1.6m | +52.4% |
| Equity | 10/15 | €336,487 | €318,293 | -€18,195 | -5.4% |
| Contributions | 10/11 | €124,000 | €124,000 | = | 0.0% |
| Capital | 10 | €124,000 | €124,000 | = | 0.0% |
| Issued capital | 100 | €124,000 | €124,000 | = | 0.0% |
| Reserves | 13 | €12,400 | €12,400 | = | 0.0% |
| Non-distributable reserves | 130/1 | €12,400 | €12,400 | = | 0.0% |
| Legal reserve | 130 | €12,400 | €12,400 | = | 0.0% |
| Profit (loss) carried forward | 14 | €200,087 | €181,893 | -€18,195 | -9.1% |
| Amounts payable | 17/49 | €2,698,628 | €4,306,662 | +€1.6m | +59.6% |
| Amounts payable within one year | 42/48 | €2,698,628 | €4,304,912 | +€1.6m | +59.5% |
| Trade debts | 44 | €2,472,340 | €4,304,368 | +€1.8m | +74.1% |
| Suppliers | 440/4 | €2,472,340 | €4,304,368 | +€1.8m | +74.1% |
| Advances received on contracts in progress | 46 | €188,654 | €0 | -€188,654 | -100% |
| Taxes, remuneration and social security | 45 | €36,928 | €0 | -€36,928 | -100% |
| Taxes | 450/3 | €36,928 | €0 | -€36,928 | -100% |
| Other amounts payable | 47/48 | €706 | €544 | -€161 | -22.9% |
| Accrued charges and deferred income | 492/3 | - | €1,750 | +€1,750 | |
| Non-recurring operating income | 76A | €0 | - | = | |
| Other operating charges | 640/8 | €1,370 | €1,417 | +€47 | +3.4% |
| Gross operating margin | 9900 | €185,998 | €13,771 | -€172,227 | -92.6% |
| Operating profit (loss) | 9901 | €184,628 | €12,354 | -€172,274 | -93.3% |
| Financial income | 75/76B | €46 | €129 | +€83 | +183% |
| Recurring financial income | 75 | €46 | €129 | +€83 | +183% |
| Financial charges | 65/66B | €49,562 | €30,678 | -€18,884 | -38.1% |
| Recurring financial charges | 65 | €49,562 | €30,678 | -€18,884 | -38.1% |
| Profit (loss) for the period before taxes | 9903 | €135,112 | -€18,195 | -€153,307 | |
| Income taxes | 67/77 | €36,928 | - | -€36,928 | |
| Profit (loss) for the period | 9904 | €98,184 | -€18,195 | -€116,379 | |
| Profit (loss) for the period to be appropriated | 9905 | €98,184 | -€18,195 | -€116,379 |
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 30 October 2026 via checked.be.