Shipit Terminal: 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.
Shipit Terminal
Largest movements
- Tangible fixed assets -€567,496
down €567,496 (-12.4%), from €4.6m to €4.0m
of which Land and buildings: -€551,217
- Receivables within one year -€128,034
down €128,034 (-3.9%), from €3.3m to €3.2m
of which Trade receivables: -€126,175
- Debts after one year -€841,903
down €841,903 (-38.7%), from €2.2m to €1.3m
- Provisions -€437,807
no longer reported in 2025 (was €437,807)
- Profit (loss) carried forward +€395,147
up €395,147 (+96.1%), from -€411,301 to -€16,153
- Trade debts +€190,995
up €190,995 (+22.3%), from €857,290 to €1.0m
- Provisions -€505,438
down €505,438, from €67,631 to -€437,807
- Gross operating margin -€422,187
down €422,187 (-33.4%), from €1.3m to €840,453
- Financial charges -€68,623
down €68,623 (-38.9%), from €176,405 to €107,782
- Financial income -€40,343
down €40,343 (-32.4%), from €124,497 to €84,154
- Depreciation -€30,270
down €30,270 (-5.1%), from €597,766 to €567,496
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
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €8,009,051 | €7,316,350 | -€692,701 | -8.6% |
| Fixed assets | 21/28 | €4,705,424 | €4,137,928 | -€567,496 | -12.1% |
| Tangible fixed assets | 22/27 | €4,568,824 | €4,001,328 | -€567,496 | -12.4% |
| Land and buildings | 22 | €4,489,822 | €3,938,604 | -€551,217 | -12.3% |
| Plant, machinery and equipment | 23 | €79,003 | €62,723 | -€16,279 | -20.6% |
| Furniture and vehicles | 24 | €0 | €0 | = | |
| Financial fixed assets | 28 | €136,600 | €136,600 | = | 0.0% |
| Current assets | 29/58 | €3,303,626 | €3,178,422 | -€125,204 | -3.8% |
| Amounts receivable within one year | 40/41 | €3,303,282 | €3,175,248 | -€128,034 | -3.9% |
| Trade receivables | 40 | €1,006,537 | €880,362 | -€126,175 | -12.5% |
| Other amounts receivable | 41 | €2,296,745 | €2,294,887 | -€1,859 | -0.1% |
| Deferred charges and accrued income | 490/1 | €344 | €3,174 | +€2,829 | +822% |
| Total equity and liabilities | 10/49 | €8,009,051 | €7,316,350 | -€692,701 | -8.6% |
| Equity | 10/15 | €3,712,677 | €4,069,349 | +€356,672 | +9.6% |
| Contributions | 10/11 | €3,844,550 | €3,844,550 | = | 0.0% |
| Capital | 10 | €126,067 | €126,067 | = | 0.0% |
| Issued capital | 100 | €126,067 | €126,067 | = | 0.0% |
| Contributions outside capital | 11 | €3,718,483 | €3,718,483 | = | 0.0% |
| Share premium | 1100/10 | €3,718,483 | €3,718,483 | = | 0.0% |
| Reserves | 13 | €12,607 | €12,607 | = | 0.0% |
| Non-distributable reserves | 130/1 | €12,607 | €12,607 | = | 0.0% |
| Legal reserve | 130 | €12,607 | €12,607 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€411,301 | -€16,153 | +€395,147 | +96.1% |
| Investment grants | 15 | €266,820 | €228,345 | -€38,475 | -14.4% |
| Provisions and deferred taxes | 16 | €437,807 | - | -€437,807 | |
| Provisions for liabilities and charges | 160/5 | €437,807 | - | -€437,807 | |
| Other liabilities and charges | 164/5 | €437,807 | - | -€437,807 | |
| Amounts payable | 17/49 | €3,858,567 | €3,247,001 | -€611,566 | -15.8% |
| Amounts payable after more than one year | 17 | €2,173,285 | €1,331,382 | -€841,903 | -38.7% |
| Financial debts | 170/4 | €2,173,285 | €1,331,382 | -€841,903 | -38.7% |
| Amounts payable within one year | 42/48 | €1,674,410 | €1,910,784 | +€236,373 | +14.1% |
| Current portion of amounts payable after more than one year | 42 | €798,570 | €841,903 | +€43,333 | +5.4% |
| Trade debts | 44 | €857,290 | €1,048,285 | +€190,995 | +22.3% |
| Suppliers | 440/4 | €857,290 | €1,048,285 | +€190,995 | +22.3% |
| Taxes, remuneration and social security | 45 | €18,551 | €20,596 | +€2,045 | +11.0% |
| Remuneration and social security | 454/9 | €18,551 | €20,596 | +€2,045 | +11.0% |
| Accrued charges and deferred income | 492/3 | €10,872 | €4,835 | -€6,037 | -55.5% |
| Remuneration, social security and pensions | 62 | €177,769 | €182,855 | +€5,087 | +2.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €597,766 | €567,496 | -€30,270 | -5.1% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | €67,631 | -€437,807 | -€505,438 | |
| Other operating charges | 640/8 | €103,697 | €109,133 | +€5,436 | +5.2% |
| Gross operating margin | 9900 | €1,262,640 | €840,453 | -€422,187 | -33.4% |
| Operating profit (loss) | 9901 | €315,777 | €418,775 | +€102,998 | +32.6% |
| Financial income | 75/76B | €124,497 | €84,154 | -€40,343 | -32.4% |
| Recurring financial income | 75 | €124,497 | €84,154 | -€40,343 | -32.4% |
| Financial charges | 65/66B | €176,405 | €107,782 | -€68,623 | -38.9% |
| Recurring financial charges | 65 | €176,405 | €107,782 | -€68,623 | -38.9% |
| Profit (loss) for the period before taxes | 9903 | €263,869 | €395,147 | +€131,278 | +49.8% |
| Income taxes | 67/77 | €274 | - | -€274 | |
| Profit (loss) for the period | 9904 | €263,595 | €395,147 | +€131,552 | +49.9% |
| Profit (loss) for the period to be appropriated | 9905 | €263,595 | €395,147 | +€131,552 | +49.9% |
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.