TANKER: 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.
TANKER
Largest movements
- Cash -€90,252
down €90,252 (-81.0%), from €111,479 to €21,227
mainly Debts after one year (-€80,875) and Receivables within one year (-€51,213)
- Tangible fixed assets -€74,245
down €74,245 (-12.6%), from €589,394 to €515,149
of which Other tangible fixed assets: -€47,878
- Receivables within one year +€51,213
up €51,213 (+21.6%), from €237,189 to €288,402
of which Trade receivables: +€65,681
- Debts after one year -€80,875
down €80,875 (-13.8%), from €584,309 to €503,434
- Reserves -€43,000
down €43,000 (-64.0%), from €67,191 to €24,191
of which Distributable reserves: -€43,000
- Profit (loss) carried forward -€21,790
new in 2025: -€21,790
- Trade debts +€12,172
up €12,172 (+12.7%), from €96,201 to €108,373
- Other debts +€11,254
up €11,254 (+16.8%), from €67,022 to €78,276
- Gross operating margin -€25,043
down €25,043 (-7.6%), from €328,569 to €303,526
- Staff costs +€17,308
up €17,308 (+8.7%), from €198,921 to €216,229
- Depreciation -€10,031
down €10,031 (-11.9%), from €84,276 to €74,245
- Taxes -€6,995
down €6,995 (-57.8%), from €12,107 to €5,111
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
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 | €954,968 | €836,762 | -€118,206 | -12.4% |
| Fixed assets | 21/28 | €589,394 | €515,149 | -€74,245 | -12.6% |
| Tangible fixed assets | 22/27 | €589,394 | €515,149 | -€74,245 | -12.6% |
| Plant, machinery and equipment | 23 | €5,832 | €4,284 | -€1,548 | -26.5% |
| Furniture and vehicles | 24 | €51,163 | €26,344 | -€24,819 | -48.5% |
| Other tangible fixed assets | 26 | €532,399 | €484,521 | -€47,878 | -9.0% |
| Current assets | 29/58 | €365,574 | €321,614 | -€43,960 | -12.0% |
| Amounts receivable within one year | 40/41 | €237,189 | €288,402 | +€51,213 | +21.6% |
| Trade receivables | 40 | €219,533 | €285,213 | +€65,681 | +29.9% |
| Other amounts receivable | 41 | €17,656 | €3,189 | -€14,467 | -81.9% |
| Cash at bank and in hand | 54/58 | €111,479 | €21,227 | -€90,252 | -81.0% |
| Deferred charges and accrued income | 490/1 | €16,906 | €11,985 | -€4,921 | -29.1% |
| Total equity and liabilities | 10/49 | €954,968 | €836,762 | -€118,206 | -12.4% |
| Equity | 10/15 | €73,391 | €8,601 | -€64,790 | -88.3% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €67,191 | €24,191 | -€43,000 | -64.0% |
| 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 | €65,331 | €22,331 | -€43,000 | -65.8% |
| Profit (loss) carried forward | 14 | - | -€21,790 | -€21,790 | |
| Amounts payable | 17/49 | €881,577 | €828,162 | -€53,416 | -6.1% |
| Amounts payable after more than one year | 17 | €584,309 | €503,434 | -€80,875 | -13.8% |
| Financial debts | 170/4 | €584,309 | €503,434 | -€80,875 | -13.8% |
| Amounts payable within one year | 42/48 | €296,082 | €324,062 | +€27,980 | +9.4% |
| Current portion of amounts payable after more than one year | 42 | €82,053 | €81,304 | -€749 | -0.9% |
| Trade debts | 44 | €96,201 | €108,373 | +€12,172 | +12.7% |
| Suppliers | 440/4 | €96,201 | €108,373 | +€12,172 | +12.7% |
| Taxes, remuneration and social security | 45 | €50,806 | €56,109 | +€5,302 | +10.4% |
| Taxes | 450/3 | €13,824 | €19,531 | +€5,707 | +41.3% |
| Remuneration and social security | 454/9 | €36,982 | €36,578 | -€405 | -1.1% |
| Other amounts payable | 47/48 | €67,022 | €78,276 | +€11,254 | +16.8% |
| Accrued charges and deferred income | 492/3 | €1,186 | €666 | -€520 | -43.8% |
| Remuneration, social security and pensions | 62 | €198,921 | €216,229 | +€17,308 | +8.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €84,276 | €74,245 | -€10,031 | -11.9% |
| Other operating charges | 640/8 | €12,966 | €13,520 | +€553 | +4.3% |
| Non-recurring operating charges | 66A | €1,365 | €2,820 | +€1,455 | +107% |
| Gross operating margin | 9900 | €328,569 | €303,526 | -€25,043 | -7.6% |
| Operating profit (loss) | 9901 | €31,041 | -€3,288 | -€34,328 | |
| Financial income | 75/76B | - | €108 | +€108 | |
| Recurring financial income | 75 | - | €108 | +€108 | |
| Financial charges | 65/66B | €13,685 | €13,499 | -€185 | -1.4% |
| Recurring financial charges | 65 | €13,685 | €13,499 | -€185 | -1.4% |
| Profit (loss) for the period before taxes | 9903 | €17,356 | -€16,679 | -€34,035 | |
| Income taxes | 67/77 | €12,107 | €5,111 | -€6,995 | -57.8% |
| Profit (loss) for the period | 9904 | €5,249 | -€21,790 | -€27,039 | |
| Profit (loss) for the period to be appropriated | 9905 | €5,249 | -€21,790 | -€27,039 |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 13 October 2026 via checked.be.