FREIGHT & CARGO AGENCY: what changed
What changed
FREIGHT & CARGO AGENCY
NACE 50.200, Water transport
filed annual accounts (NBB)
Net result for the year
€101,587
2024 · €155,933-€54,346
Equity
€334,655
2024 · €305,068+€29,587
Cash
€1.1m
2024 · €757,155+€354,046
Balance sheet total
€2.2m
2024 · €1.5m+€757,673
Largest movements
Assets
- Current investments +€508,579
new in 2025: €508,579
- Cash +€354,046
up €354,046 (+46.8%), from €757,155 to €1.1m
mainly Trade debts (+€668,689) and Net result for the year (+€101,587)
- Receivables within one year -€100,631
down €100,631 (-14.5%), from €693,618 to €592,987
of which Trade receivables: -€405,901
Equity and liabilities
- Trade debts +€668,689
up €668,689 (+85.0%), from €787,150 to €1.5m
- Other debts +€66,960
up €66,960 (+1,329%), from €5,040 to €72,000
- Profit (loss) carried forward +€29,587
up €29,587 (+10.0%), from €296,068 to €325,655
Income statement
- Turnover -€3.4m
no longer reported in 2025 (was €3.4m)
- Goods and materials -€2.4m
no longer reported in 2025 (was €2.4m)
- Services and other goods -€999,076
no longer reported in 2025 (was €999,076)
- Provisions +€175,000
up €175,000, from -€175,000 to €0
- Gross operating margin +€128,557
new in 2025: €128,557
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
€155,933
Turnover
-€3.4m
Other operating income
-€6,272
Goods and materials
+€2.4m
Services and other goods
+€999,076
Provisions
-€175,000
Other operating charges
+€656
Other operating items
+€128,557
Financial income
+€1,206
Financial charges
+€2,835
Taxes
+€20,109
Result 2025
€101,587
raises the resultlowers the resultnot broken down further in the accounts
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€934,625
Investment
-€508,579
Financing
-€72,000
Cash 2024
€757,155
From operations (derived)
+€934,625
Net result for the year
+€101,587
Receivables within one year
+€100,631
Deferred charges and accrued income
+€4,320
Trade debts
+€668,689
Tax, wage and social debts
-€5,279
Other debts
+€66,960
Accrued charges and deferred income
-€2,283
Investment (derived)
-€508,579
Current investments
-€508,579
Financing
-€72,000
Contributions, distributions and other
-€72,000
Cash 2025
€1.1m
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,455,093 | €2,212,767 | +€757,673 | +52.1% |
| Current assets | 29/58 | €1,455,093 | €2,212,767 | +€757,673 | +52.1% |
| Stocks and contracts in progress | 3 | €0 | - | = | |
| Amounts receivable within one year | 40/41 | €693,618 | €592,987 | -€100,631 | -14.5% |
| Trade receivables | 40 | €646,348 | €240,447 | -€405,901 | -62.8% |
| Other amounts receivable | 41 | €47,270 | €352,539 | +€305,269 | +646% |
| Current investments | 50/53 | - | €508,579 | +€508,579 | |
| Cash at bank and in hand | 54/58 | €757,155 | €1,111,201 | +€354,046 | +46.8% |
| Deferred charges and accrued income | 490/1 | €4,320 | €0 | -€4,320 | -100% |
| Total equity and liabilities | 10/49 | €1,455,093 | €2,212,767 | +€757,673 | +52.1% |
| Equity | 10/15 | €305,068 | €334,655 | +€29,587 | +9.7% |
| Contributions | 10/11 | €9,000 | €9,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €296,068 | €325,655 | +€29,587 | +10.0% |
| Provisions and deferred taxes | 16 | €350,000 | €350,000 | = | 0.0% |
| Provisions for liabilities and charges | 160/5 | €350,000 | €350,000 | = | 0.0% |
| Environmental obligations | 163 | €350,000 | €350,000 | = | 0.0% |
| Amounts payable | 17/49 | €800,025 | €1,528,111 | +€728,086 | +91.0% |
| Amounts payable within one year | 42/48 | €797,469 | €1,527,839 | +€730,369 | +91.6% |
| Trade debts | 44 | €787,150 | €1,455,839 | +€668,689 | +85.0% |
| Suppliers | 440/4 | €787,150 | €1,455,839 | +€668,689 | +85.0% |
| Taxes, remuneration and social security | 45 | €5,279 | €0 | -€5,279 | -100% |
| Taxes | 450/3 | €5,279 | €0 | -€5,279 | -100% |
| Other amounts payable | 47/48 | €5,040 | €72,000 | +€66,960 | +1,329% |
| Accrued charges and deferred income | 492/3 | €2,556 | €273 | -€2,283 | -89.3% |
| Operating income | 70/76A | €3,449,447 | - | -€3.4m | |
| Turnover | 70 | €3,443,174 | - | -€3.4m | |
| Other operating income | 74 | €6,272 | - | -€6,272 | |
| Operating charges | 60/66A | €3,243,633 | - | -€3.2m | |
| Goods for resale, raw materials and consumables | 60 | €2,417,662 | - | -€2.4m | |
| Purchases | 600/8 | €2,417,662 | - | -€2.4m | |
| Services and other goods | 61 | €999,076 | - | -€999,076 | |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | -€175,000 | €0 | +€175,000 | |
| Other operating charges | 640/8 | €1,894 | €1,238 | -€656 | -34.6% |
| Gross operating margin | 9900 | - | €128,557 | +€128,557 | |
| Operating profit (loss) | 9901 | €205,814 | €127,318 | -€78,496 | -38.1% |
| Financial income | 75/76B | €11,483 | €12,689 | +€1,206 | +10.5% |
| Recurring financial income | 75 | €11,483 | €12,689 | +€1,206 | +10.5% |
| Other financial income | 752/9 | €11,483 | - | -€11,483 | |
| Financial charges | 65/66B | €6,085 | €3,250 | -€2,835 | -46.6% |
| Recurring financial charges | 65 | €6,085 | €3,250 | -€2,835 | -46.6% |
| Other financial charges | 652/9 | €6,085 | - | -€6,085 | |
| Profit (loss) for the period before taxes | 9903 | €211,212 | €136,758 | -€74,454 | -35.3% |
| Income taxes | 67/77 | €55,279 | €35,171 | -€20,109 | -36.4% |
| Taxes | 670/3 | €55,279 | - | -€55,279 | |
| Profit (loss) for the period | 9904 | €155,933 | €101,587 | -€54,346 | -34.9% |
| Profit (loss) for the period to be appropriated | 9905 | €155,933 | €101,587 | -€54,346 | -34.9% |
Next steps
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 5 November 2026 via checked.be.