KOMU SHIPPING: what changed
What changed
KOMU SHIPPING
NACE 50.400, Inland freight water transport
filed annual accounts (NBB)
Net result for the year
€1.0m
2024 · -€32,656+€1.1m
Equity
€3.2m
2024 · €2.1m+€1.0m
Cash
€315,288
2024 · €196,680+€118,608
Balance sheet total
€24.4m
2024 · €14.9m+€9.4m
Largest movements
Assets
- Tangible fixed assets +€7.9m
up €7.9m (+55.1%), from €14.4m to €22.4m
of which Furniture and vehicles: +€8.0m
- Receivables within one year +€1.4m
up €1.4m (+544%), from €251,260 to €1.6m
of which Trade receivables: +€1.4m
Equity and liabilities
- Debts after one year +€7.3m
up €7.3m (+65.9%), from €11.1m to €18.4m
- Reserves +€1.0m
up €1.0m (+173%), from €606,206 to €1.7m
of which Tax-exempt reserves: +€1.0m
- Provisions +€411,202
up €411,202 (+163%), from €251,718 to €662,921
of which Deferred taxes: +€357,448
- Current portion of long-term debt +€323,333
up €323,333 (+57.1%), from €565,833 to €889,167
Income statement
- Gross operating margin +€2.4m
up €2.4m (+218%), from €1.1m to €3.5m
- Depreciation +€476,291
up €476,291 (+58.5%), from €814,805 to €1.3m
- Financial charges +€455,863
up €455,863 (+213%), from €213,782 to €669,644
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
-€32,656
Gross operating margin
+€2.4m
Depreciation
-€476,291
Provisions
+€25,906
Other operating charges
-€15,228
Financial income
+€292
Financial charges
-€455,863
Taxes
-€12,625
Deferred taxes and other
-€367,653
Result 2025
€1.0m
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
+€1.7m
Investment
-€9.2m
Financing
+€7.6m
Cash 2024
€196,680
From operations (derived)
+€1.7m
Net result for the year
+€1.0m
Depreciation
+€1.3m
Receivables within one year
-€1.4m
Smaller working-capital items
-€5,670
Provisions
+€411,202
Trade debts
+€124,670
Other debts
+€111,778
Accrued charges and deferred income
+€128,353
Investment (derived)
-€9.2m
Investment in fixed assets (net)
-€9.2m
Financing
+€7.6m
Debts after one year
+€7.3m
Current portion of long-term debt
+€323,333
Cash 2025
€315,288
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €14,911,460 | €24,358,081 | +€9.4m | +63.4% |
| Fixed assets | 21/28 | €14,417,550 | €22,365,907 | +€7.9m | +55.1% |
| Tangible fixed assets | 22/27 | €14,417,550 | €22,365,907 | +€7.9m | +55.1% |
| Plant, machinery and equipment | 23 | €7,539 | €2,383 | -€5,156 | -68.4% |
| Furniture and vehicles | 24 | €14,410,011 | €22,363,523 | +€8.0m | +55.2% |
| Current assets | 29/58 | €493,910 | €1,992,174 | +€1.5m | +303% |
| Amounts receivable within one year | 40/41 | €251,260 | €1,617,214 | +€1.4m | +544% |
| Trade receivables | 40 | €221,462 | €1,603,819 | +€1.4m | +624% |
| Other amounts receivable | 41 | €29,798 | €13,395 | -€16,403 | -55.0% |
| Cash at bank and in hand | 54/58 | €196,680 | €315,288 | +€118,608 | +60.3% |
| Deferred charges and accrued income | 490/1 | €45,969 | €59,672 | +€13,703 | +29.8% |
| Total equity and liabilities | 10/49 | €14,911,460 | €24,358,081 | +€9.4m | +63.4% |
| Equity | 10/15 | €2,126,206 | €3,173,791 | +€1.0m | +49.3% |
| Contributions | 10/11 | €1,520,000 | €1,520,000 | = | 0.0% |
| Reserves | 13 | €606,206 | €1,653,791 | +€1.0m | +173% |
| Non-distributable reserves | 130/1 | €2,000 | €2,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,000 | €2,000 | = | 0.0% |
| Tax-exempt reserves | 132 | €347,237 | €1,349,539 | +€1.0m | +289% |
| Distributable reserves | 133 | €256,970 | €302,252 | +€45,282 | +17.6% |
| Provisions and deferred taxes | 16 | €251,718 | €662,921 | +€411,202 | +163% |
| Provisions for liabilities and charges | 160/5 | €159,320 | €213,074 | +€53,754 | +33.7% |
| Major repairs and maintenance | 162 | - | €213,074 | +€213,074 | |
| Environmental obligations | 163 | €159,320 | - | -€159,320 | |
| Deferred taxes | 168 | €92,398 | €449,846 | +€357,448 | +387% |
| Amounts payable | 17/49 | €12,533,535 | €20,521,370 | +€8.0m | +63.7% |
| Amounts payable after more than one year | 17 | €11,064,375 | €18,356,042 | +€7.3m | +65.9% |
| Financial debts | 170/4 | €11,064,375 | €18,356,042 | +€7.3m | +65.9% |
| Amounts payable within one year | 42/48 | €1,335,657 | €1,903,472 | +€567,815 | +42.5% |
| Current portion of amounts payable after more than one year | 42 | €565,833 | €889,167 | +€323,333 | +57.1% |
| Trade debts | 44 | €707,091 | €831,761 | +€124,670 | +17.6% |
| Suppliers | 440/4 | €707,091 | €831,761 | +€124,670 | +17.6% |
| Taxes, remuneration and social security | 45 | €6,767 | €14,801 | +€8,033 | +119% |
| Taxes | 450/3 | €6,767 | €14,801 | +€8,033 | +119% |
| Other amounts payable | 47/48 | €55,966 | €167,744 | +€111,778 | +200% |
| Accrued charges and deferred income | 492/3 | €133,503 | €261,856 | +€128,353 | +96.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €814,805 | €1,291,096 | +€476,291 | +58.5% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | €79,660 | €53,754 | -€25,906 | -32.5% |
| Other operating charges | 640/8 | €18,786 | €34,014 | +€15,228 | +81.1% |
| Gross operating margin | 9900 | €1,090,930 | €3,472,633 | +€2.4m | +218% |
| Operating profit (loss) | 9901 | €177,679 | €2,093,768 | +€1.9m | +1,078% |
| Financial income | 75/76B | €8 | €301 | +€292 | +3,492% |
| Recurring financial income | 75 | €8 | €301 | +€292 | +3,492% |
| Financial charges | 65/66B | €213,782 | €669,644 | +€455,863 | +213% |
| Recurring financial charges | 65 | €213,782 | €669,644 | +€455,863 | +213% |
| Profit (loss) for the period before taxes | 9903 | -€36,094 | €1,424,424 | +€1.5m | |
| Transfer from deferred taxes | 780 | €10,205 | €72,247 | +€62,042 | +608% |
| Transfer to deferred taxes | 680 | - | €429,695 | +€429,695 | |
| Income taxes | 67/77 | €6,767 | €19,392 | +€12,625 | +187% |
| Profit (loss) for the period | 9904 | -€32,656 | €1,047,584 | +€1.1m | |
| Transfer from tax-exempt reserves | 789 | €39,105 | €286,782 | +€247,677 | +633% |
| Transfer to tax-exempt reserves | 689 | - | €1,289,084 | +€1.3m | |
| Profit (loss) for the period to be appropriated | 9905 | €6,448 | €45,282 | +€38,833 | +602% |
Next steps
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 4 November 2026 via checked.be.