SHIPPING PLUS: what changed
Two fiscal 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.
SHIPPING PLUS
Largest movements
- Receivables within one year -€13,424
down €13,424 (-57.9%), from €23,201 to €9,777
of which Trade receivables: -€12,350
- Cash +€8,315
up €8,315 (+167643.8%), from €5 to €8,320
mainly Receivables within one year (+€13,424)
- Tax, wage and social debts -€2,833
no longer reported in 2025 (was €2,833)
- Profit (loss) carried forward -€2,276
down €2,276 (-22.0%), from €10,358 to €8,082
- Gross operating margin -€12,790
down €12,790, from €11,188 to -€1,602
- Taxes -€2,833
no longer reported in 2025 (was €2,833)
- Other operating charges -€138
down €138 (-18.7%), from €737 to €600
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.
Cash bridge derived
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 | €23,206 | €18,097 | -€5,109 | -22.0% |
| Current assets | 29/58 | €23,206 | €18,097 | -€5,109 | -22.0% |
| Amounts receivable within one year | 40/41 | €23,201 | €9,777 | -€13,424 | -57.9% |
| Trade receivables | 40 | €12,350 | - | -€12,350 | |
| Other amounts receivable | 41 | €10,851 | €9,777 | -€1,074 | -9.9% |
| Cash at bank and in hand | 54/58 | €5 | €8,320 | +€8,315 | +167643.8% |
| Total equity and liabilities | 10/49 | €23,206 | €18,097 | -€5,109 | -22.0% |
| Equity | 10/15 | €20,358 | €18,082 | -€2,276 | -11.2% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €10,358 | €8,082 | -€2,276 | -22.0% |
| Amounts payable | 17/49 | €2,848 | €15 | -€2,833 | -99.5% |
| Amounts payable within one year | 42/48 | €2,848 | €15 | -€2,833 | -99.5% |
| Taxes, remuneration and social security | 45 | €2,833 | - | -€2,833 | |
| Taxes | 450/3 | €2,833 | - | -€2,833 | |
| Other amounts payable | 47/48 | €15 | €15 | = | 0.0% |
| Other operating charges | 640/8 | €737 | €600 | -€138 | -18.7% |
| Gross operating margin | 9900 | €11,188 | -€1,602 | -€12,790 | |
| Operating profit (loss) | 9901 | €10,450 | -€2,202 | -€12,653 | |
| Financial charges | 65/66B | €54 | €74 | +€20 | +36.4% |
| Recurring financial charges | 65 | €54 | €74 | +€20 | +36.4% |
| Profit (loss) for the period before taxes | 9903 | €10,396 | -€2,276 | -€12,672 | |
| Income taxes | 67/77 | €2,833 | - | -€2,833 | |
| Profit (loss) for the period | 9904 | €7,563 | -€2,276 | -€9,839 | |
| Profit (loss) for the period to be appropriated | 9905 | €7,563 | -€2,276 | -€9,839 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.