TVS 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.
TVS SHIPPING
Largest movements
- Receivables within one year +€59,117
up €59,117 (+17.7%), from €334,478 to €393,595
of which Other amounts receivable: +€63,013
- Profit (loss) carried forward +€43,747
up €43,747 (+16.1%), from €270,966 to €314,713
- Tax, wage and social debts +€10,582
up €10,582 (+27.3%), from €38,717 to €49,300
- Gross operating margin -€21,313
down €21,313 (-36.3%), from €58,679 to €37,366
- Financial income +€6,591
up €6,591 (+45.1%), from €14,601 to €21,192
- Taxes -€4,875
down €4,875 (-25.1%), from €19,457 to €14,582
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 | €338,227 | €395,967 | +€57,740 | +17.1% |
| Current assets | 29/58 | €338,227 | €395,967 | +€57,740 | +17.1% |
| Amounts receivable within one year | 40/41 | €334,478 | €393,595 | +€59,117 | +17.7% |
| Trade receivables | 40 | €12,145 | €8,250 | -€3,895 | -32.1% |
| Other amounts receivable | 41 | €322,332 | €385,345 | +€63,013 | +19.5% |
| Cash at bank and in hand | 54/58 | €3,749 | €2,372 | -€1,377 | -36.7% |
| Total equity and liabilities | 10/49 | €338,227 | €395,967 | +€57,740 | +17.1% |
| Equity | 10/15 | €291,426 | €335,173 | +€43,747 | +15.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €270,966 | €314,713 | +€43,747 | +16.1% |
| Amounts payable | 17/49 | €46,800 | €60,794 | +€13,993 | +29.9% |
| Amounts payable within one year | 42/48 | €43,200 | €57,194 | +€13,993 | +32.4% |
| Trade debts | 44 | €4,483 | €7,894 | +€3,411 | +76.1% |
| Suppliers | 440/4 | €4,483 | €7,894 | +€3,411 | +76.1% |
| Taxes, remuneration and social security | 45 | €38,717 | €49,300 | +€10,582 | +27.3% |
| Taxes | 450/3 | €38,717 | €49,300 | +€10,582 | +27.3% |
| Accrued charges and deferred income | 492/3 | €3,600 | €3,600 | = | 0.0% |
| Other operating charges | 640/8 | €275 | - | -€275 | |
| Gross operating margin | 9900 | €58,679 | €37,366 | -€21,313 | -36.3% |
| Operating profit (loss) | 9901 | €58,405 | €37,366 | -€21,038 | -36.0% |
| Financial income | 75/76B | €14,601 | €21,192 | +€6,591 | +45.1% |
| Recurring financial income | 75 | €14,601 | €21,192 | +€6,591 | +45.1% |
| Financial charges | 65/66B | €127 | €230 | +€103 | +81.2% |
| Recurring financial charges | 65 | €127 | €230 | +€103 | +81.2% |
| Profit (loss) for the period before taxes | 9903 | €72,879 | €58,329 | -€14,550 | -20.0% |
| Income taxes | 67/77 | €19,457 | €14,582 | -€4,875 | -25.1% |
| Profit (loss) for the period | 9904 | €53,422 | €43,747 | -€9,675 | -18.1% |
| Profit (loss) for the period to be appropriated | 9905 | €53,422 | €43,747 | -€9,675 | -18.1% |
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 20 October 2026 via checked.be.