NAVAL INLAND NAVIGATION: 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.
NAVAL INLAND NAVIGATION
Largest movements
- Cash -€77,549
down €77,549 (-93.5%), from €82,983 to €5,434
mainly Trade debts (-€86,863) and Receivables within one year (-€34,220)
- Receivables within one year +€34,220
up €34,220 (+4.8%), from €720,137 to €754,357
of which Other amounts receivable: +€18,923
- Tangible fixed assets -€15,515
down €15,515 (-51.9%), from €29,922 to €14,407
of which Furniture and vehicles: -€11,067
- Trade debts -€86,863
down €86,863 (-99.5%), from €87,316 to €453
- Reserves +€14,954
up €14,954 (+51.0%), from €29,316 to €44,271
of which Tax-exempt reserves: +€14,954
- Tax, wage and social debts +€12,645
up €12,645 (+10.5%), from €120,373 to €133,018
of which Remuneration and social security: +€23,995
- Turnover -€1.1m
no longer reported in 2024 (was €1.1m)
- Purchases and services -€245,546
no longer reported in 2024 (was €245,546)
- Other operating charges -€49,900
down €49,900 (-96.1%), from €51,929 to €2,029
- Financial income -€34,488
down €34,488 (-99.7%), from €34,582 to €93
- Staff costs +€22,902
up €22,902 (+2.7%), from €837,024 to €859,925
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €841,563 | €783,812 | -€57,751 | -6.9% |
| Formation expenses | 20 | €0 | - | = | |
| Fixed assets | 21/28 | €29,962 | €14,447 | -€15,515 | -51.8% |
| Tangible fixed assets | 22/27 | €29,922 | €14,407 | -€15,515 | -51.9% |
| Plant, machinery and equipment | 23 | €12,382 | €7,934 | -€4,448 | -35.9% |
| Furniture and vehicles | 24 | €17,540 | €6,473 | -€11,067 | -63.1% |
| Financial fixed assets | 28 | €40 | €40 | = | 0.0% |
| Current assets | 29/58 | €811,602 | €769,365 | -€42,237 | -5.2% |
| Amounts receivable within one year | 40/41 | €720,137 | €754,357 | +€34,220 | +4.8% |
| Trade receivables | 40 | €716,695 | €731,992 | +€15,297 | +2.1% |
| Other amounts receivable | 41 | €3,441 | €22,365 | +€18,923 | +550% |
| Cash at bank and in hand | 54/58 | €82,983 | €5,434 | -€77,549 | -93.5% |
| Deferred charges and accrued income | 490/1 | €8,482 | €9,575 | +€1,093 | +12.9% |
| Total equity and liabilities | 10/49 | €841,563 | €783,812 | -€57,751 | -6.9% |
| Equity | 10/15 | €615,348 | €625,293 | +€9,945 | +1.6% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Contributions outside capital | 11 | €18,600 | - | -€18,600 | |
| Other | 1109/19 | €18,600 | - | -€18,600 | |
| Reserves | 13 | €29,316 | €44,271 | +€14,954 | +51.0% |
| Non-distributable reserves | 130/1 | €1,860 | - | -€1,860 | |
| Reserves not available under the articles | 1311 | €1,860 | - | -€1,860 | |
| Tax-exempt reserves | 132 | €27,456 | €42,411 | +€14,954 | +54.5% |
| Distributable reserves | 133 | - | €1,860 | +€1,860 | |
| Profit (loss) carried forward | 14 | €567,432 | €562,422 | -€5,009 | -0.9% |
| Amounts payable | 17/49 | €226,215 | €158,519 | -€67,696 | -29.9% |
| Amounts payable within one year | 42/48 | €226,215 | €158,519 | -€67,696 | -29.9% |
| Trade debts | 44 | €87,316 | €453 | -€86,863 | -99.5% |
| Suppliers | 440/4 | €87,316 | €453 | -€86,863 | -99.5% |
| Taxes, remuneration and social security | 45 | €120,373 | €133,018 | +€12,645 | +10.5% |
| Taxes | 450/3 | €11,351 | - | -€11,351 | |
| Remuneration and social security | 454/9 | €109,022 | €133,018 | +€23,995 | +22.0% |
| Other amounts payable | 47/48 | €18,526 | €25,048 | +€6,522 | +35.2% |
| Turnover | 70 | €1,080,676 | - | -€1.1m | |
| Non-recurring operating income | 76A | €9,212 | €4,250 | -€4,962 | -53.9% |
| Goods, raw materials, services and sundry goods | 60/61 | €245,546 | - | -€245,546 | |
| Remuneration, social security and pensions | 62 | €837,024 | €859,925 | +€22,902 | +2.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,179 | €10,765 | -€414 | -3.7% |
| Other operating charges | 640/8 | €51,929 | €2,029 | -€49,900 | -96.1% |
| Gross operating margin | 9900 | €921,465 | €903,289 | -€18,175 | -2.0% |
| Operating profit (loss) | 9901 | €21,332 | €30,570 | +€9,237 | +43.3% |
| Financial income | 75/76B | €34,582 | €93 | -€34,488 | -99.7% |
| Recurring financial income | 75 | €34,582 | €93 | -€34,488 | -99.7% |
| Financial charges | 65/66B | €1,001 | €755 | -€246 | -24.6% |
| Recurring financial charges | 65 | €1,001 | €755 | -€246 | -24.6% |
| Profit (loss) for the period before taxes | 9903 | €54,913 | €29,908 | -€25,005 | -45.5% |
| Income taxes | 67/77 | €17,444 | €19,963 | +€2,519 | +14.4% |
| Profit (loss) for the period | 9904 | €37,469 | €9,945 | -€27,524 | -73.5% |
| Transfer to tax-exempt reserves | 689 | €27,456 | €14,954 | -€12,502 | -45.5% |
| Profit (loss) for the period to be appropriated | 9905 | €10,012 | -€5,009 | -€15,021 |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 28 October 2026 via checked.be.