Global Container Lines: 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.
Global Container Lines
Largest movements
- Receivables within one year +€3.5m
up €3.5m (+6349.0%), from €54,469 to €3.5m
of which Trade receivables: +€3.3m
- Deferred charges and accrued income -€1.5m
no longer reported in 2025 (was €1.5m)
- Tangible fixed assets -€95,020
down €95,020 (-26.6%), from €357,091 to €262,071
of which Furniture and vehicles: -€87,215
- Cash -€88,228
down €88,228 (-31.9%), from €276,736 to €188,508
mainly Receivables within one year (-€3.5m)
- Advances received +€1.1m
up €1.1m (+74.2%), from €1.5m to €2.7m
- Short-term financial debts +€344,530
new in 2025: €344,530
- Trade debts +€309,089
up €309,089 (+126.2%), from €244,933 to €554,022
- Financial income -€80,882
down €80,882 (-94.3%), from €85,758 to €4,877
- Gross operating margin +€77,970
up €77,970 (+54.3%), from €143,542 to €221,511
- Taxes +€29,436
up €29,436 (+2115.9%), from €1,391 to €30,827
- Depreciation -€14,044
down €14,044 (-29.8%), from €47,165 to €33,121
- Staff costs +€13,913
up €13,913 (+11.9%), from €117,169 to €131,082
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 | €2,138,636 | €3,963,273 | +€1.8m | +85.3% |
| Fixed assets | 21/28 | €357,431 | €262,071 | -€95,360 | -26.7% |
| Intangible fixed assets | 21 | €340 | - | -€340 | |
| Tangible fixed assets | 22/27 | €357,091 | €262,071 | -€95,020 | -26.6% |
| Land and buildings | 22 | €197,803 | €188,573 | -€9,229 | -4.7% |
| Plant, machinery and equipment | 23 | - | €1,424 | +€1,424 | |
| Furniture and vehicles | 24 | €159,289 | €72,074 | -€87,215 | -54.8% |
| Current assets | 29/58 | €1,781,205 | €3,701,201 | +€1.9m | +107.8% |
| Amounts receivable within one year | 40/41 | €54,469 | €3,512,694 | +€3.5m | +6349.0% |
| Trade receivables | 40 | €38,903 | €3,329,235 | +€3.3m | +8457.8% |
| Other amounts receivable | 41 | €15,566 | €183,459 | +€167,893 | +1078.6% |
| Cash at bank and in hand | 54/58 | €276,736 | €188,508 | -€88,228 | -31.9% |
| Deferred charges and accrued income | 490/1 | €1,450,000 | - | -€1.5m | |
| Total equity and liabilities | 10/49 | €2,138,636 | €3,963,273 | +€1.8m | +85.3% |
| Equity | 10/15 | €122,385 | €129,924 | +€7,539 | +6.2% |
| Contributions | 10/11 | €6,200 | €18,550 | +€12,350 | +199.2% |
| Contributions outside capital | 11 | €6,200 | €18,550 | +€12,350 | +199.2% |
| Other | 1109/19 | €6,200 | €18,550 | +€12,350 | +199.2% |
| Reserves | 13 | €1,855 | €1,855 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,855 | €1,855 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,855 | €1,855 | = | 0.0% |
| Profit (loss) carried forward | 14 | €114,330 | €109,519 | -€4,811 | -4.2% |
| Amounts payable | 17/49 | €2,016,251 | €3,833,349 | +€1.8m | +90.1% |
| Amounts payable within one year | 42/48 | €2,016,251 | €3,833,349 | +€1.8m | +90.1% |
| Financial debts | 43 | - | €344,530 | +€344,530 | |
| Credit institutions | 430/8 | - | €344,530 | +€344,530 | |
| Trade debts | 44 | €244,933 | €554,022 | +€309,089 | +126.2% |
| Suppliers | 440/4 | €244,933 | €554,022 | +€309,089 | +126.2% |
| Advances received on contracts in progress | 46 | €1,537,150 | €2,677,094 | +€1.1m | +74.2% |
| Taxes, remuneration and social security | 45 | €12,190 | €35,195 | +€23,005 | +188.7% |
| Taxes | 450/3 | €1,391 | €28,230 | +€26,838 | +1929.2% |
| Remuneration and social security | 454/9 | €10,799 | €6,965 | -€3,834 | -35.5% |
| Other amounts payable | 47/48 | €221,977 | €222,507 | +€530 | +0.2% |
| Non-recurring operating income | 76A | €66,988 | - | -€66,988 | |
| Remuneration, social security and pensions | 62 | €117,169 | €131,082 | +€13,913 | +11.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €47,165 | €33,121 | -€14,044 | -29.8% |
| Other operating charges | 640/8 | €1,327 | €12,300 | +€10,974 | +827.2% |
| Non-recurring operating charges | 66A | - | €806 | +€806 | |
| Gross operating margin | 9900 | €143,542 | €221,511 | +€77,970 | +54.3% |
| Operating profit (loss) | 9901 | -€22,119 | €44,202 | +€66,320 | |
| Financial income | 75/76B | €85,758 | €4,877 | -€80,882 | -94.3% |
| Recurring financial income | 75 | €85,758 | €4,877 | -€80,882 | -94.3% |
| Financial charges | 65/66B | €4,034 | €11,297 | +€7,263 | +180.0% |
| Recurring financial charges | 65 | €4,034 | €11,297 | +€7,263 | +180.0% |
| Profit (loss) for the period before taxes | 9903 | €59,605 | €37,781 | -€21,824 | -36.6% |
| Income taxes | 67/77 | €1,391 | €30,827 | +€29,436 | +2115.9% |
| Profit (loss) for the period | 9904 | €58,214 | €6,954 | -€51,260 | -88.1% |
| Profit (loss) for the period to be appropriated | 9905 | €58,214 | €6,954 | -€51,260 | -88.1% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 10 October 2026 via checked.be.