Maritime Data Solutions: 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.
Maritime Data Solutions
Largest movements
- Receivables within one year +€60,479
up €60,479 (+71.8%), from €84,177 to €144,656
of which Other amounts receivable: +€96,922
- Cash +€30,259
up €30,259 (+121%), from €25,077 to €55,336
mainly Net result for the year (+€113,130) and Trade debts (+€29,587)
- Tangible fixed assets +€3,409
up €3,409 (+87.0%), from €3,917 to €7,326
- Reserves +€113,130
up €113,130 (+243%), from €46,499 to €159,628
- Accrued charges and deferred income -€39,348
down €39,348 (-99.4%), from €39,580 to €231
- Trade debts +€29,587
up €29,587 (+6,696%), from €442 to €30,028
- Tax, wage and social debts -€8,309
down €8,309 (-39.2%), from €21,178 to €12,869
- Gross operating margin +€181,485
up €181,485 (+1,028%), from €17,646 to €199,130
- Taxes +€41,942
up €41,942 (+582%), from €7,209 to €49,151
- Other operating charges +€10,996
up €10,996 (+355%), from €3,097 to €14,093
- Financial income -€2,692
down €2,692 (-100.0%), from €2,692 to €0
- Staff costs -€2,590
down €2,590 (-11.2%), from €23,199 to €20,608
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 | €117,700 | €212,769 | +€95,069 | +80.8% |
| Fixed assets | 21/28 | €3,917 | €7,326 | +€3,409 | +87.0% |
| Tangible fixed assets | 22/27 | €3,917 | €7,326 | +€3,409 | +87.0% |
| Furniture and vehicles | 24 | €3,917 | €7,326 | +€3,409 | +87.0% |
| Current assets | 29/58 | €113,783 | €205,443 | +€91,660 | +80.6% |
| Amounts receivable within one year | 40/41 | €84,177 | €144,656 | +€60,479 | +71.8% |
| Trade receivables | 40 | €50,887 | €14,444 | -€36,443 | -71.6% |
| Other amounts receivable | 41 | €33,291 | €130,213 | +€96,922 | +291% |
| Current investments | 50/53 | €2,000 | €2,000 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €25,077 | €55,336 | +€30,259 | +121% |
| Deferred charges and accrued income | 490/1 | €2,529 | €3,451 | +€922 | +36.5% |
| Total equity and liabilities | 10/49 | €117,700 | €212,769 | +€95,069 | +80.8% |
| Equity | 10/15 | €56,499 | €169,628 | +€113,130 | +200% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Reserves | 13 | €46,499 | €159,628 | +€113,130 | +243% |
| Distributable reserves | 133 | €46,499 | €159,628 | +€113,130 | +243% |
| Amounts payable | 17/49 | €61,202 | €43,141 | -€18,061 | -29.5% |
| Amounts payable within one year | 42/48 | €21,622 | €42,910 | +€21,288 | +98.5% |
| Trade debts | 44 | €442 | €30,028 | +€29,587 | +6,696% |
| Suppliers | 440/4 | €442 | €30,028 | +€29,587 | +6,696% |
| Taxes, remuneration and social security | 45 | €21,178 | €12,869 | -€8,309 | -39.2% |
| Taxes | 450/3 | €21,178 | €12,869 | -€8,309 | -39.2% |
| Other amounts payable | 47/48 | €2 | €12 | +€10 | +432% |
| Accrued charges and deferred income | 492/3 | €39,580 | €231 | -€39,348 | -99.4% |
| Remuneration, social security and pensions | 62 | €23,199 | €20,608 | -€2,590 | -11.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,870 | €1,851 | -€19 | -1.0% |
| Other operating charges | 640/8 | €3,097 | €14,093 | +€10,996 | +355% |
| Gross operating margin | 9900 | €17,646 | €199,130 | +€181,485 | +1,028% |
| Operating profit (loss) | 9901 | -€10,520 | €162,579 | +€173,099 | |
| Financial income | 75/76B | €2,692 | €0 | -€2,692 | -100.0% |
| Recurring financial income | 75 | €2,692 | €0 | -€2,692 | -100.0% |
| Financial charges | 65/66B | €176 | €298 | +€122 | +69.0% |
| Recurring financial charges | 65 | €176 | €298 | +€122 | +69.0% |
| Profit (loss) for the period before taxes | 9903 | -€8,004 | €162,281 | +€170,285 | |
| Income taxes | 67/77 | €7,209 | €49,151 | +€41,942 | +582% |
| Profit (loss) for the period | 9904 | -€15,213 | €113,130 | +€128,343 | |
| Profit (loss) for the period to be appropriated | 9905 | -€15,213 | €113,130 | +€128,343 |
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 16 October 2026 via checked.be.