STENA-SHIPPING: 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.
STENA-SHIPPING
Largest movements
- Tangible fixed assets +€188,592
up €188,592 (+111%), from €169,918 to €358,510
- Receivables within one year -€30,852
down €30,852 (-21.0%), from €146,843 to €115,991
of which Trade receivables: -€25,104
- Debts after one year +€174,098
up €174,098 (+210%), from €82,832 to €256,929
- Reserves +€31,468
up €31,468 (+21.5%), from €146,648 to €178,116
of which Distributable reserves: +€31,468
- Current portion of long-term debt -€27,432
down €27,432 (-31.5%), from €87,083 to €59,652
- Provisions -€20,000
down €20,000 (-100%), from €20,000 to €0
- Trade debts -€13,029
down €13,029 (-43.7%), from €29,787 to €16,757
- Provisions -€25,000
down €25,000, from €5,000 to -€20,000
- Taxes +€17,625
up €17,625 (+146%), from €12,074 to €29,699
- Gross operating margin +€9,045
up €9,045 (+9.6%), from €94,630 to €103,674
- Depreciation +€5,106
up €5,106 (+9.7%), from €52,740 to €57,846
- Financial income +€3,508
up €3,508 (+127%), from €2,757 to €6,264
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €385,624 | €544,481 | +€158,857 | +41.2% |
| Fixed assets | 21/28 | €169,918 | €358,510 | +€188,592 | +111% |
| Tangible fixed assets | 22/27 | €169,918 | €358,510 | +€188,592 | +111% |
| Furniture and vehicles | 24 | €169,918 | €358,510 | +€188,592 | +111% |
| Current assets | 29/58 | €215,706 | €185,971 | -€29,735 | -13.8% |
| Amounts receivable within one year | 40/41 | €146,843 | €115,991 | -€30,852 | -21.0% |
| Trade receivables | 40 | €58,683 | €33,579 | -€25,104 | -42.8% |
| Other amounts receivable | 41 | €88,160 | €82,413 | -€5,748 | -6.5% |
| Cash at bank and in hand | 54/58 | €67,785 | €65,894 | -€1,891 | -2.8% |
| Deferred charges and accrued income | 490/1 | €1,077 | €4,085 | +€3,008 | +279% |
| Total equity and liabilities | 10/49 | €385,624 | €544,481 | +€158,857 | +41.2% |
| Equity | 10/15 | €165,248 | €196,716 | +€31,468 | +19.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €146,648 | €178,116 | +€31,468 | +21.5% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €144,788 | €176,256 | +€31,468 | +21.7% |
| Provisions and deferred taxes | 16 | €20,000 | €0 | -€20,000 | -100% |
| Provisions for liabilities and charges | 160/5 | €20,000 | €0 | -€20,000 | -100% |
| Major repairs and maintenance | 162 | €20,000 | €0 | -€20,000 | -100% |
| Amounts payable | 17/49 | €200,375 | €347,765 | +€147,390 | +73.6% |
| Amounts payable after more than one year | 17 | €82,832 | €256,929 | +€174,098 | +210% |
| Financial debts | 170/4 | €82,832 | €256,929 | +€174,098 | +210% |
| Amounts payable within one year | 42/48 | €117,544 | €89,336 | -€28,208 | -24.0% |
| Current portion of amounts payable after more than one year | 42 | €87,083 | €59,652 | -€27,432 | -31.5% |
| Trade debts | 44 | €29,787 | €16,757 | -€13,029 | -43.7% |
| Suppliers | 440/4 | €29,787 | €16,757 | -€13,029 | -43.7% |
| Taxes, remuneration and social security | 45 | €674 | €12,927 | +€12,253 | +1,818% |
| Taxes | 450/3 | €674 | €12,927 | +€12,253 | +1,818% |
| Accrued charges and deferred income | 492/3 | - | €1,500 | +€1,500 | |
| Non-recurring operating income | 76A | - | €6,928 | +€6,928 | |
| Remuneration, social security and pensions | 62 | €247 | €393 | +€145 | +58.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €52,740 | €57,846 | +€5,106 | +9.7% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | €5,000 | -€20,000 | -€25,000 | |
| Other operating charges | 640/8 | €2,941 | €1,981 | -€960 | -32.7% |
| Non-recurring operating charges | 66A | - | €743 | +€743 | |
| Gross operating margin | 9900 | €94,630 | €103,674 | +€9,045 | +9.6% |
| Operating profit (loss) | 9901 | €33,702 | €62,712 | +€29,011 | +86.1% |
| Financial income | 75/76B | €2,757 | €6,264 | +€3,508 | +127% |
| Recurring financial income | 75 | €2,757 | €6,264 | +€3,508 | +127% |
| Financial charges | 65/66B | €7,170 | €7,811 | +€640 | +8.9% |
| Recurring financial charges | 65 | €7,170 | €7,811 | +€640 | +8.9% |
| Profit (loss) for the period before taxes | 9903 | €29,288 | €61,166 | +€31,878 | +109% |
| Income taxes | 67/77 | €12,074 | €29,699 | +€17,625 | +146% |
| Profit (loss) for the period | 9904 | €17,214 | €31,468 | +€14,253 | +82.8% |
| Profit (loss) for the period to be appropriated | 9905 | €17,214 | €31,468 | +€14,253 | +82.8% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 22 October 2026 via checked.be.