FREEWAY SHIPPING: what changed
Two fiscal 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.
FREEWAY SHIPPING
Largest movements
- Receivables within one year +€103,930
up €103,930 (+125.9%), from €82,564 to €186,494
of which Trade receivables: +€107,400
- Stocks and contracts -€39,150
down €39,150 (-33.5%), from €117,000 to €77,850
- Cash -€19,791
down €19,791 (-52.8%), from €37,481 to €17,691
mainly Receivables within one year (-€103,930)
- Deferred charges and accrued income -€4,300
down €4,300 (-93.7%), from €4,590 to €290
- Trade debts +€20,613
up €20,613 (+13.0%), from €158,280 to €178,893
- Reserves +€19,706
up €19,706 (+30.5%), from €64,588 to €84,294
of which Distributable reserves: +€19,706
- Gross operating margin +€16,011
up €16,011 (+263.1%), from €6,085 to €22,096
- Other operating charges +€1,070
up €1,070 (+276.2%), from €387 to €1,457
- Financial charges +€451
up €451 (+67.5%), from €668 to €1,119
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.
Cash bridge derived
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 | €241,674 | €282,363 | +€40,689 | +16.8% |
| Fixed assets | 21/28 | €39 | €39 | = | 0.0% |
| Financial fixed assets | 28 | €39 | €39 | = | 0.0% |
| Current assets | 29/58 | €241,635 | €282,324 | +€40,689 | +16.8% |
| Stocks and contracts in progress | 3 | €117,000 | €77,850 | -€39,150 | -33.5% |
| Stocks | 30/36 | €117,000 | €77,850 | -€39,150 | -33.5% |
| Amounts receivable within one year | 40/41 | €82,564 | €186,494 | +€103,930 | +125.9% |
| Trade receivables | 40 | €73,250 | €180,650 | +€107,400 | +146.6% |
| Other amounts receivable | 41 | €9,314 | €5,844 | -€3,470 | -37.3% |
| Cash at bank and in hand | 54/58 | €37,481 | €17,691 | -€19,791 | -52.8% |
| Deferred charges and accrued income | 490/1 | €4,590 | €290 | -€4,300 | -93.7% |
| Total equity and liabilities | 10/49 | €241,674 | €282,363 | +€40,689 | +16.8% |
| Equity | 10/15 | €83,188 | €102,894 | +€19,706 | +23.7% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €64,588 | €84,294 | +€19,706 | +30.5% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €62,728 | €82,434 | +€19,706 | +31.4% |
| Amounts payable | 17/49 | €158,486 | €179,469 | +€20,983 | +13.2% |
| Amounts payable within one year | 42/48 | €158,486 | €179,469 | +€20,983 | +13.2% |
| Trade debts | 44 | €158,280 | €178,893 | +€20,613 | +13.0% |
| Suppliers | 440/4 | €158,280 | €178,893 | +€20,613 | +13.0% |
| Other amounts payable | 47/48 | €206 | €576 | +€370 | +179.4% |
| Other operating charges | 640/8 | €387 | €1,457 | +€1,070 | +276.2% |
| Gross operating margin | 9900 | €6,085 | €22,096 | +€16,011 | +263.1% |
| Operating profit (loss) | 9901 | €5,698 | €20,639 | +€14,942 | +262.2% |
| Financial income | 75/76B | €50 | €186 | +€136 | +272.4% |
| Recurring financial income | 75 | €50 | €186 | +€136 | +272.4% |
| Financial charges | 65/66B | €668 | €1,119 | +€451 | +67.5% |
| Recurring financial charges | 65 | €668 | €1,119 | +€451 | +67.5% |
| Profit (loss) for the period before taxes | 9903 | €5,080 | €19,706 | +€14,627 | +288.0% |
| Profit (loss) for the period | 9904 | €5,080 | €19,706 | +€14,627 | +288.0% |
| Profit (loss) for the period to be appropriated | 9905 | €5,080 | €19,706 | +€14,627 | +288.0% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.