Valencia Shipping: what changed
What changed
Valencia Shipping
NACE 50.400, Inland freight water transport
filed annual accounts (NBB)
Net result for the year
€4,633
2024 · €7,345-€2,712
Equity
€1.3m
2024 · €186,703+€1.1m
Cash
€1,016
2024 · €404+€612
Balance sheet total
€1.5m
2024 · €407,064+€1.1m
Largest movements
Assets
- Tangible fixed assets +€995,027
up €995,027 (+273%), from €364,687 to €1.4m
of which Plant, machinery and equipment: +€1.0m
- Receivables within one year +€104,246
up €104,246 (+268%), from €38,912 to €143,158
of which Other amounts receivable: +€134,246
Equity and liabilities
- Revaluation surpluses +€1.1m
new in 2025: €1.1m
- Debts after one year -€75,721
no longer reported in 2025 (was €75,721)
- Other debts +€45,741
up €45,741 (+88.4%), from €51,759 to €97,500
- Trade debts +€28,692
up €28,692 (+134%), from €21,478 to €50,170
- Current portion of long-term debt +€16,318
up €16,318 (+22.9%), from €71,402 to €87,721
Income statement
- Gross operating margin +€19,155
up €19,155 (+24.0%), from €79,881 to €99,036
- Depreciation +€15,733
up €15,733 (+22.7%), from €69,240 to €84,973
- Financial charges +€6,644
up €6,644 (+497%), from €1,336 to €7,981
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.
Result 2024
€7,345
Gross operating margin
+€19,155
Depreciation
-€15,733
Other operating charges
+€561
Financial income
-€50
Financial charges
-€6,644
Result 2025
€4,633
raises the resultlowers the result
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.
From operations
+€60,015
Investment
-€1.1m
Financing
+€1.0m
Cash 2024
€404
From operations (derived)
+€60,015
Net result for the year
+€4,633
Depreciation
+€84,973
Receivables within one year
-€104,246
Deferred charges and accrued income
+€221
Trade debts
+€28,692
Other debts
+€45,741
Investment (derived)
-€1.1m
Investment in fixed assets (net)
-€1.1m
Financing
+€1.0m
Debts after one year
-€75,721
Current portion of long-term debt
+€16,318
Contributions, distributions and other
+€1.1m
Cash 2025
€1,016
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €407,064 | €1,506,727 | +€1.1m | +270% |
| Fixed assets | 21/28 | €366,187 | €1,361,214 | +€995,027 | +272% |
| Tangible fixed assets | 22/27 | €364,687 | €1,359,714 | +€995,027 | +273% |
| Land and buildings | 22 | €66,593 | €62,539 | -€4,054 | -6.1% |
| Plant, machinery and equipment | 23 | €268,719 | €1,276,614 | +€1.0m | +375% |
| Furniture and vehicles | 24 | €29,374 | €20,561 | -€8,813 | -30.0% |
| Financial fixed assets | 28 | €1,500 | €1,500 | = | 0.0% |
| Current assets | 29/58 | €40,877 | €145,514 | +€104,637 | +256% |
| Amounts receivable within one year | 40/41 | €38,912 | €143,158 | +€104,246 | +268% |
| Trade receivables | 40 | €30,000 | - | -€30,000 | |
| Other amounts receivable | 41 | €8,912 | €143,158 | +€134,246 | +1,506% |
| Cash at bank and in hand | 54/58 | €404 | €1,016 | +€612 | +152% |
| Deferred charges and accrued income | 490/1 | €1,561 | €1,340 | -€221 | -14.2% |
| Total equity and liabilities | 10/49 | €407,064 | €1,506,727 | +€1.1m | +270% |
| Equity | 10/15 | €186,703 | €1,271,337 | +€1.1m | +581% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Revaluation surpluses | 12 | - | €1,080,000 | +€1.1m | |
| 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 | €166,243 | €170,877 | +€4,633 | +2.8% |
| Amounts payable | 17/49 | €220,360 | €235,391 | +€15,031 | +6.8% |
| Amounts payable after more than one year | 17 | €75,721 | - | -€75,721 | |
| Financial debts | 170/4 | €75,721 | - | -€75,721 | |
| Amounts payable within one year | 42/48 | €144,639 | €235,391 | +€90,751 | +62.7% |
| Current portion of amounts payable after more than one year | 42 | €71,402 | €87,721 | +€16,318 | +22.9% |
| Trade debts | 44 | €21,478 | €50,170 | +€28,692 | +134% |
| Suppliers | 440/4 | €21,478 | €50,170 | +€28,692 | +134% |
| Other amounts payable | 47/48 | €51,759 | €97,500 | +€45,741 | +88.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €69,240 | €84,973 | +€15,733 | +22.7% |
| Other operating charges | 640/8 | €2,010 | €1,450 | -€561 | -27.9% |
| Gross operating margin | 9900 | €79,881 | €99,036 | +€19,155 | +24.0% |
| Operating profit (loss) | 9901 | €8,631 | €12,614 | +€3,983 | +46.1% |
| Financial income | 75/76B | €50 | - | -€50 | |
| Recurring financial income | 75 | €50 | - | -€50 | |
| Financial charges | 65/66B | €1,336 | €7,981 | +€6,644 | +497% |
| Recurring financial charges | 65 | €1,336 | €7,981 | +€6,644 | +497% |
| Profit (loss) for the period before taxes | 9903 | €7,345 | €4,633 | -€2,712 | -36.9% |
| Profit (loss) for the period | 9904 | €7,345 | €4,633 | -€2,712 | -36.9% |
| Profit (loss) for the period to be appropriated | 9905 | €7,345 | €4,633 | -€2,712 | -36.9% |
Next steps
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 4 November 2026 via checked.be.