RX SEAPORT: 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.
RX SEAPORT
Largest movements
- Receivables within one year +€127,527
up €127,527 (+133%), from €96,015 to €223,542
of which Trade receivables: +€127,717
- Current investments -€125,000
down €125,000 (-27.8%), from €450,000 to €325,000
- Cash +€11,595
up €11,595 (+11.3%), from €102,556 to €114,151
mainly Current investments (+€125,000) and Net result for the year (+€119,191)
- Profit (loss) carried forward +€119,191
up €119,191 (+17.6%), from -€678,115 to -€558,924
- Accrued charges and deferred income -€108,592
down €108,592 (-50.3%), from €215,875 to €107,283
- Trade debts +€24,349
up €24,349 (+61.5%), from €39,582 to €63,932
- Tax, wage and social debts -€19,349
down €19,349 (-45.4%), from €42,609 to €23,260
of which Taxes: -€19,867
- Gross operating margin +€56,514
up €56,514 (+31.5%), from €179,453 to €235,967
- Write-downs -€17,500
down €17,500, from €2,500 to -€15,000
- Purchases and services -€5,374
down €5,374 (-1.4%), from €389,007 to €383,633
- Financial income -€3,895
down €3,895 (-36.4%), from €10,700 to €6,805
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 | €700,148 | €715,747 | +€15,599 | +2.2% |
| Fixed assets | 21/28 | €2,935 | €938 | -€1,997 | -68.1% |
| Tangible fixed assets | 22/27 | €1,313 | €838 | -€475 | -36.2% |
| Plant, machinery and equipment | 23 | €1,313 | €838 | -€475 | -36.2% |
| Financial fixed assets | 28 | €1,622 | €100 | -€1,522 | -93.8% |
| Current assets | 29/58 | €697,213 | €714,809 | +€17,596 | +2.5% |
| Amounts receivable within one year | 40/41 | €96,015 | €223,542 | +€127,527 | +133% |
| Trade receivables | 40 | €90,409 | €218,126 | +€127,717 | +141% |
| Other amounts receivable | 41 | €5,606 | €5,416 | -€190 | -3.4% |
| Current investments | 50/53 | €450,000 | €325,000 | -€125,000 | -27.8% |
| Cash at bank and in hand | 54/58 | €102,556 | €114,151 | +€11,595 | +11.3% |
| Deferred charges and accrued income | 490/1 | €48,642 | €52,117 | +€3,475 | +7.1% |
| Total equity and liabilities | 10/49 | €700,148 | €715,747 | +€15,599 | +2.2% |
| Equity | 10/15 | €401,885 | €521,076 | +€119,191 | +29.7% |
| Contributions | 10/11 | €1,080,000 | €1,080,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€678,115 | -€558,924 | +€119,191 | +17.6% |
| Amounts payable | 17/49 | €298,263 | €194,671 | -€103,592 | -34.7% |
| Amounts payable within one year | 42/48 | €82,388 | €87,388 | +€5,000 | +6.1% |
| Trade debts | 44 | €39,582 | €63,932 | +€24,349 | +61.5% |
| Suppliers | 440/4 | €39,582 | €63,932 | +€24,349 | +61.5% |
| Taxes, remuneration and social security | 45 | €42,609 | €23,260 | -€19,349 | -45.4% |
| Taxes | 450/3 | €23,918 | €4,051 | -€19,867 | -83.1% |
| Remuneration and social security | 454/9 | €18,691 | €19,209 | +€518 | +2.8% |
| Other amounts payable | 47/48 | €197 | €197 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €215,875 | €107,283 | -€108,592 | -50.3% |
| Turnover | 70 | €312,599 | €314,632 | +€2,032 | +0.7% |
| Goods, raw materials, services and sundry goods | 60/61 | €389,007 | €383,633 | -€5,374 | -1.4% |
| Remuneration, social security and pensions | 62 | €133,556 | €136,626 | +€3,070 | +2.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €475 | €475 | = | 0.0% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €2,500 | -€15,000 | -€17,500 | |
| Other operating charges | 640/8 | €543 | €528 | -€16 | -2.9% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | €179,453 | €235,967 | +€56,514 | +31.5% |
| Operating profit (loss) | 9901 | €42,379 | €113,338 | +€70,959 | +167% |
| Financial income | 75/76B | €10,700 | €6,805 | -€3,895 | -36.4% |
| Recurring financial income | 75 | €10,700 | €6,805 | -€3,895 | -36.4% |
| Financial charges | 65/66B | €471 | €740 | +€269 | +57.1% |
| Recurring financial charges | 65 | €471 | €740 | +€269 | +57.1% |
| Profit (loss) for the period before taxes | 9903 | €52,608 | €119,403 | +€66,795 | +127% |
| Income taxes | 67/77 | €226 | €212 | -€14 | -6.1% |
| Profit (loss) for the period | 9904 | €52,382 | €119,191 | +€66,809 | +128% |
| Profit (loss) for the period to be appropriated | 9905 | €52,382 | €119,191 | +€66,809 | +128% |
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 24 October 2026 via checked.be.