YACHTING SERVICES: 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.
YACHTING SERVICES
Largest movements
- Cash -€13,661
down €13,661 (-10.5%), from €130,533 to €116,872
mainly Investment in fixed assets (net) (-€7,495) and Accrued charges and deferred income (-€6,744)
- Receivables within one year +€6,560
up €6,560 (+33.8%), from €19,380 to €25,940
of which Trade receivables: +€4,541
- Tangible fixed assets +€1,809
up €1,809 (+7.9%), from €22,851 to €24,659
- Accrued charges and deferred income -€6,744
down €6,744 (-100.0%), from €6,744 to €0
- Reserves +€3,201
up €3,201 (+16.2%), from €19,799 to €22,999
of which Distributable reserves: +€3,201
- Gross operating margin +€11,662
up €11,662, from -€690 to €10,972
- Depreciation +€1,028
up €1,028 (+22.1%), from €4,658 to €5,687
- Financial charges -€169
down €169 (-7.9%), from €2,130 to €1,961
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.
Cash bridge derived
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 | €172,763 | €167,610 | -€5,153 | -3.0% |
| Fixed assets | 21/28 | €22,851 | €24,659 | +€1,809 | +7.9% |
| Tangible fixed assets | 22/27 | €22,851 | €24,659 | +€1,809 | +7.9% |
| Plant, machinery and equipment | 23 | €22,851 | €24,659 | +€1,809 | +7.9% |
| Current assets | 29/58 | €149,913 | €142,951 | -€6,962 | -4.6% |
| Amounts receivable within one year | 40/41 | €19,380 | €25,940 | +€6,560 | +33.8% |
| Trade receivables | 40 | €19,016 | €23,558 | +€4,541 | +23.9% |
| Other amounts receivable | 41 | €364 | €2,382 | +€2,019 | +555.2% |
| Cash at bank and in hand | 54/58 | €130,533 | €116,872 | -€13,661 | -10.5% |
| Deferred charges and accrued income | 490/1 | - | €139 | +€139 | |
| Total equity and liabilities | 10/49 | €172,763 | €167,610 | -€5,153 | -3.0% |
| Equity | 10/15 | €81,799 | €84,999 | +€3,201 | +3.9% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €19,799 | €22,999 | +€3,201 | +16.2% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Distributable reserves | 133 | €13,599 | €16,799 | +€3,201 | +23.5% |
| Amounts payable | 17/49 | €90,965 | €82,611 | -€8,354 | -9.2% |
| Amounts payable within one year | 42/48 | €84,221 | €82,611 | -€1,610 | -1.9% |
| Trade debts | 44 | €1,877 | €1,760 | -€117 | -6.3% |
| Suppliers | 440/4 | €1,877 | €1,760 | -€117 | -6.3% |
| Taxes, remuneration and social security | 45 | €945 | €0 | -€945 | -100.0% |
| Taxes | 450/3 | €945 | €0 | -€945 | -100.0% |
| Other amounts payable | 47/48 | €81,399 | €80,851 | -€547 | -0.7% |
| Accrued charges and deferred income | 492/3 | €6,744 | €0 | -€6,744 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,658 | €5,687 | +€1,028 | +22.1% |
| Other operating charges | 640/8 | €613 | €628 | +€14 | +2.3% |
| Gross operating margin | 9900 | -€690 | €10,972 | +€11,662 | |
| Operating profit (loss) | 9901 | -€5,962 | €4,658 | +€10,620 | |
| Financial income | 75/76B | €582 | €504 | -€78 | -13.5% |
| Recurring financial income | 75 | €582 | €504 | -€78 | -13.5% |
| Financial charges | 65/66B | €2,130 | €1,961 | -€169 | -7.9% |
| Recurring financial charges | 65 | €2,130 | €1,961 | -€169 | -7.9% |
| Profit (loss) for the period before taxes | 9903 | -€7,509 | €3,201 | +€10,710 | |
| Profit (loss) for the period | 9904 | -€7,509 | €3,201 | +€10,710 | |
| Profit (loss) for the period to be appropriated | 9905 | -€7,509 | €3,201 | +€10,710 |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 10 October 2026 via checked.be.