SHIPBID Belgium: what changed
SHIPBID Belgium
Largest movements
- Receivables within one year -€24,962
down €24,962 (-45.0%), from €55,514 to €30,552
of which Other amounts receivable: -€32,462
- Receivables after one year -€20,255
down €20,255 (-7.9%), from €256,484 to €236,229
of which Other amounts receivable: -€17,771
- Cash +€5,807
up €5,807 (+52.4%), from €11,087 to €16,894
mainly Receivables within one year (+€24,962) and Other debts (+€21,000)
- Profit (loss) carried forward -€82,253
down €82,253 (-122%), from -€67,559 to -€149,811
- Other debts +€21,000
new in 2025: €21,000
- Debts after one year +€15,000
up €15,000 (+42.9%), from €35,000 to €50,000
- Trade debts +€5,433
new in 2025: €5,433
- Gross operating margin -€39,806
down €39,806 (-95.4%), from -€41,703 to -€81,509
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €324,045 | €285,026 | -€39,020 | -12.0% |
| Current assets | 29/58 | €324,045 | €285,026 | -€39,020 | -12.0% |
| Amounts receivable after more than one year | 29 | €256,484 | €236,229 | -€20,255 | -7.9% |
| Trade receivables | 290 | €2,484 | - | -€2,484 | |
| Other amounts receivable | 291 | €254,000 | €236,229 | -€17,771 | -7.0% |
| Amounts receivable within one year | 40/41 | €55,514 | €30,552 | -€24,962 | -45.0% |
| Trade receivables | 40 | - | €7,500 | +€7,500 | |
| Other amounts receivable | 41 | €55,514 | €23,052 | -€32,462 | -58.5% |
| Current investments | 50/53 | €961 | €966 | +€5 | +0.5% |
| Cash at bank and in hand | 54/58 | €11,087 | €16,894 | +€5,807 | +52.4% |
| Deferred charges and accrued income | 490/1 | - | €385 | +€385 | |
| Total equity and liabilities | 10/49 | €324,045 | €285,026 | -€39,020 | -12.0% |
| Equity | 10/15 | €289,045 | €206,793 | -€82,253 | -28.5% |
| Contributions | 10/11 | €22,000 | €22,000 | = | 0.0% |
| Reserves | 13 | €334,604 | €334,604 | = | 0.0% |
| Distributable reserves | 133 | €334,604 | €334,604 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€67,559 | -€149,811 | -€82,253 | -122% |
| Amounts payable | 17/49 | €35,000 | €78,233 | +€43,233 | +124% |
| Amounts payable after more than one year | 17 | €35,000 | €50,000 | +€15,000 | +42.9% |
| Financial debts | 170/4 | €35,000 | €50,000 | +€15,000 | +42.9% |
| Amounts payable within one year | 42/48 | - | €26,433 | +€26,433 | |
| Trade debts | 44 | - | €5,433 | +€5,433 | |
| Suppliers | 440/4 | - | €5,433 | +€5,433 | |
| Other amounts payable | 47/48 | - | €21,000 | +€21,000 | |
| Accrued charges and deferred income | 492/3 | - | €1,800 | +€1,800 | |
| Non-recurring operating income | 76A | €22,058 | - | -€22,058 | |
| Other operating charges | 640/8 | €505 | €520 | +€14 | +2.8% |
| Gross operating margin | 9900 | -€41,703 | -€81,509 | -€39,806 | -95.4% |
| Operating profit (loss) | 9901 | -€42,209 | -€82,029 | -€39,820 | -94.3% |
| Financial income | 75/76B | €2 | €7 | +€5 | +291% |
| Recurring financial income | 75 | €2 | €7 | +€5 | +291% |
| Financial charges | 65/66B | €189 | €231 | +€42 | +22.2% |
| Recurring financial charges | 65 | €189 | €231 | +€42 | +22.2% |
| Profit (loss) for the period before taxes | 9903 | -€42,396 | -€82,253 | -€39,857 | -94.0% |
| Profit (loss) for the period | 9904 | -€42,396 | -€82,253 | -€39,857 | -94.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€42,396 | -€82,253 | -€39,857 | -94.0% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 4 November 2026 via checked.be.