TANKER ANTWERP: what changed
TANKER ANTWERP
Largest movements
- Receivables within one year +€70,208
up €70,208 (+192%), from €36,493 to €106,701
of which Other amounts receivable: +€41,487
- Tangible fixed assets -€15,431
down €15,431 (-25.2%), from €61,228 to €45,797
- Cash +€14,418
up €14,418 (+17.1%), from €84,101 to €98,519
mainly Net result for the year (+€68,686) and Trade debts (+€15,831)
- Reserves +€68,686
up €68,686 (+80.9%), from €84,933 to €153,619
- Trade debts +€15,831
up €15,831 (+163%), from €9,713 to €25,544
- Debts after one year -€11,329
down €11,329 (-30.8%), from €36,732 to €25,403
- Other debts -€10,092
down €10,092 (-56.1%), from €17,983 to €7,892
- Tax, wage and social debts +€5,010
up €5,010 (+32.0%), from €15,656 to €20,666
- Gross operating margin +€16,533
up €16,533 (+18.1%), from €91,441 to €107,974
- Taxes +€4,427
up €4,427 (+28.3%), from €15,656 to €20,084
- Depreciation +€1,471
up €1,471 (+10.5%), from €13,960 to €15,431
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 | €181,822 | €251,373 | +€69,551 | +38.3% |
| Fixed assets | 21/28 | €61,228 | €45,797 | -€15,431 | -25.2% |
| Tangible fixed assets | 22/27 | €61,228 | €45,797 | -€15,431 | -25.2% |
| Furniture and vehicles | 24 | €61,228 | €45,797 | -€15,431 | -25.2% |
| Current assets | 29/58 | €120,594 | €205,576 | +€84,982 | +70.5% |
| Amounts receivable within one year | 40/41 | €36,493 | €106,701 | +€70,208 | +192% |
| Trade receivables | 40 | - | €28,721 | +€28,721 | |
| Other amounts receivable | 41 | €36,493 | €77,980 | +€41,487 | +114% |
| Cash at bank and in hand | 54/58 | €84,101 | €98,519 | +€14,418 | +17.1% |
| Deferred charges and accrued income | 490/1 | - | €355 | +€355 | |
| Total equity and liabilities | 10/49 | €181,822 | €251,373 | +€69,551 | +38.3% |
| Equity | 10/15 | €90,933 | €159,619 | +€68,686 | +75.5% |
| Contributions | 10/11 | €6,000 | €6,000 | = | 0.0% |
| Reserves | 13 | €84,933 | €153,619 | +€68,686 | +80.9% |
| Distributable reserves | 133 | €84,933 | €153,619 | +€68,686 | +80.9% |
| Amounts payable | 17/49 | €90,889 | €91,754 | +€865 | +1.0% |
| Amounts payable after more than one year | 17 | €36,732 | €25,403 | -€11,329 | -30.8% |
| Financial debts | 170/4 | €36,732 | €25,403 | -€11,329 | -30.8% |
| Amounts payable within one year | 42/48 | €54,157 | €66,351 | +€12,195 | +22.5% |
| Current portion of amounts payable after more than one year | 42 | €10,804 | €12,250 | +€1,445 | +13.4% |
| Trade debts | 44 | €9,713 | €25,544 | +€15,831 | +163% |
| Suppliers | 440/4 | €9,713 | €25,544 | +€15,831 | +163% |
| Taxes, remuneration and social security | 45 | €15,656 | €20,666 | +€5,010 | +32.0% |
| Taxes | 450/3 | €15,656 | €20,666 | +€5,010 | +32.0% |
| Other amounts payable | 47/48 | €17,983 | €7,892 | -€10,092 | -56.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,960 | €15,431 | +€1,471 | +10.5% |
| Other operating charges | 640/8 | €843 | €712 | -€131 | -15.5% |
| Non-recurring operating charges | 66A | €823 | €737 | -€86 | -10.4% |
| Gross operating margin | 9900 | €91,441 | €107,974 | +€16,533 | +18.1% |
| Operating profit (loss) | 9901 | €75,816 | €91,094 | +€15,279 | +20.2% |
| Financial charges | 65/66B | €2,956 | €2,325 | -€631 | -21.4% |
| Recurring financial charges | 65 | €2,956 | €2,325 | -€631 | -21.4% |
| Profit (loss) for the period before taxes | 9903 | €72,860 | €88,770 | +€15,910 | +21.8% |
| Income taxes | 67/77 | €15,656 | €20,084 | +€4,427 | +28.3% |
| Profit (loss) for the period | 9904 | €57,203 | €68,686 | +€11,483 | +20.1% |
| Profit (loss) for the period to be appropriated | 9905 | €57,203 | €68,686 | +€11,483 | +20.1% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 5 November 2026 via checked.be.