Sea Port: what changed
What changed
Sea Port
NACE 68.310, Real estate agency activities
filed annual accounts (NBB)
Net result for the year
€155,212
2024 · €319,598-€164,386
Equity
€1.0m
2024 · €1.0m-€4,788
Cash
€582,790
2024 · €635,869-€53,079
Balance sheet total
€2.5m
2024 · €2.5m-€39,938
Largest movements
Assets
- Cash -€53,079
down €53,079 (-8.3%), from €635,869 to €582,790
mainly Contributions, distributions and other (-€160,000) and Investment in fixed assets (net) (-€80,902)
Equity and liabilities
- Profit (loss) carried forward -€139,539
down €139,539 (-100%), from €139,539 to €0
- Reserves +€134,751
up €134,751 (+23.3%), from €578,935 to €713,686
of which Distributable reserves: +€96,861
- Advances received -€61,626
down €61,626 (-18.0%), from €342,426 to €280,800
- Tax, wage and social debts -€46,101
down €46,101 (-56.1%), from €82,120 to €36,019
of which Taxes: -€49,097
- Other debts +€44,209
up €44,209 (+36.5%), from €121,000 to €165,209
Income statement
- Gross operating margin -€234,841
down €234,841 (-35.9%), from €653,666 to €418,825
- Taxes -€75,589
down €75,589 (-64.8%), from €116,599 to €41,011
- Other operating charges -€23,976
down €23,976 (-59.3%), from €40,459 to €16,483
- Staff costs +€16,214
up €16,214 (+20.3%), from €79,957 to €96,172
- Depreciation +€11,580
up €11,580 (+14.6%), from €79,148 to €90,728
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
€319,598
Gross operating margin
-€234,841
Staff costs
-€16,214
Depreciation
-€11,580
Other operating charges
+€23,976
Financial income
+€6,522
Financial charges
-€7,836
Taxes
+€75,589
Result 2025
€155,212
raises the resultlowers the result
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
+€176,637
Investment
-€80,902
Financing
-€148,814
Cash 2024
€635,869
From operations (derived)
+€176,637
Net result for the year
+€155,212
Depreciation
+€90,728
Receivables within one year
-€22,177
Deferred charges and accrued income
-€790
Trade debts
-€14,751
Tax, wage and social debts
-€46,101
Advances received
-€61,626
Other debts
+€44,209
Accrued charges and deferred income
+€31,932
Investment (derived)
-€80,902
Investment in fixed assets (net)
-€80,902
Financing
-€148,814
Debts after one year
+€10,100
Current portion of long-term debt
+€1,085
Contributions, distributions and other
-€160,000
Cash 2025
€582,790
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €2,494,732 | €2,454,794 | -€39,938 | -1.6% |
| Fixed assets | 21/28 | €1,655,466 | €1,645,640 | -€9,826 | -0.6% |
| Intangible fixed assets | 21 | €5,500 | €4,000 | -€1,500 | -27.3% |
| Tangible fixed assets | 22/27 | €1,649,966 | €1,641,640 | -€8,326 | -0.5% |
| Land and buildings | 22 | €1,515,814 | €1,511,632 | -€4,182 | -0.3% |
| Plant, machinery and equipment | 23 | €11,283 | €10,107 | -€1,177 | -10.4% |
| Furniture and vehicles | 24 | €12,869 | €9,901 | -€2,968 | -23.1% |
| Other tangible fixed assets | 26 | €110,000 | €110,000 | = | 0.0% |
| Current assets | 29/58 | €839,266 | €809,154 | -€30,112 | -3.6% |
| Amounts receivable within one year | 40/41 | €202,195 | €224,372 | +€22,177 | +11.0% |
| Trade receivables | 40 | €57,678 | €28,005 | -€29,672 | -51.4% |
| Other amounts receivable | 41 | €144,517 | €196,366 | +€51,849 | +35.9% |
| Cash at bank and in hand | 54/58 | €635,869 | €582,790 | -€53,079 | -8.3% |
| Deferred charges and accrued income | 490/1 | €1,202 | €1,992 | +€790 | +65.7% |
| Total equity and liabilities | 10/49 | €2,494,732 | €2,454,794 | -€39,938 | -1.6% |
| Equity | 10/15 | €1,017,473 | €1,012,686 | -€4,788 | -0.5% |
| Contributions | 10/11 | €50,000 | €50,000 | = | 0.0% |
| Revaluation surpluses | 12 | €249,000 | €249,000 | = | 0.0% |
| Reserves | 13 | €578,935 | €713,686 | +€134,751 | +23.3% |
| Tax-exempt reserves | 132 | €261,020 | €298,910 | +€37,890 | +14.5% |
| Distributable reserves | 133 | €317,915 | €414,776 | +€96,861 | +30.5% |
| Profit (loss) carried forward | 14 | €139,539 | €0 | -€139,539 | -100% |
| Amounts payable | 17/49 | €1,477,259 | €1,442,108 | -€35,151 | -2.4% |
| Amounts payable after more than one year | 17 | €832,748 | €842,848 | +€10,100 | +1.2% |
| Financial debts | 170/4 | €832,748 | €842,848 | +€10,100 | +1.2% |
| Amounts payable within one year | 42/48 | €631,922 | €554,739 | -€77,183 | -12.2% |
| Current portion of amounts payable after more than one year | 42 | €55,790 | €56,875 | +€1,085 | +1.9% |
| Trade debts | 44 | €30,587 | €15,836 | -€14,751 | -48.2% |
| Suppliers | 440/4 | €30,587 | €15,836 | -€14,751 | -48.2% |
| Advances received on contracts in progress | 46 | €342,426 | €280,800 | -€61,626 | -18.0% |
| Taxes, remuneration and social security | 45 | €82,120 | €36,019 | -€46,101 | -56.1% |
| Taxes | 450/3 | €74,174 | €25,078 | -€49,097 | -66.2% |
| Remuneration and social security | 454/9 | €7,945 | €10,942 | +€2,996 | +37.7% |
| Other amounts payable | 47/48 | €121,000 | €165,209 | +€44,209 | +36.5% |
| Accrued charges and deferred income | 492/3 | €12,588 | €44,521 | +€31,932 | +254% |
| Non-recurring operating income | 76A | €16,104 | €0 | -€16,104 | -100% |
| Remuneration, social security and pensions | 62 | €79,957 | €96,172 | +€16,214 | +20.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €79,148 | €90,728 | +€11,580 | +14.6% |
| Other operating charges | 640/8 | €40,459 | €16,483 | -€23,976 | -59.3% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | €653,666 | €418,825 | -€234,841 | -35.9% |
| Operating profit (loss) | 9901 | €454,102 | €215,442 | -€238,660 | -52.6% |
| Financial income | 75/76B | €2,918 | €9,440 | +€6,522 | +223% |
| Recurring financial income | 75 | €2,918 | €9,440 | +€6,522 | +223% |
| Financial charges | 65/66B | €20,823 | €28,660 | +€7,836 | +37.6% |
| Recurring financial charges | 65 | €20,823 | €28,660 | +€7,836 | +37.6% |
| Profit (loss) for the period before taxes | 9903 | €436,197 | €196,223 | -€239,974 | -55.0% |
| Income taxes | 67/77 | €116,599 | €41,011 | -€75,589 | -64.8% |
| Profit (loss) for the period | 9904 | €319,598 | €155,212 | -€164,386 | -51.4% |
| Transfer from tax-exempt reserves | 789 | €109,460 | €0 | -€109,460 | -100% |
| Transfer to tax-exempt reserves | 689 | €88,410 | €37,890 | -€50,520 | -57.1% |
| Profit (loss) for the period to be appropriated | 9905 | €340,648 | €117,322 | -€223,326 | -65.6% |
Next steps
Work out how much credit to give this customer and on what payment terms.Credit check Check what to know before you do business with this company.Supplier due diligence Check whether you can accept this company as a client under the anti-money-laundering law.AML client file Compare this company with its sector.Sector benchmark
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 5 November 2026 via checked.be.