A - GAS: 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.
What changed
A - GAS
NACE 47.781, Retail sale of solid, liquid and gaseous fuels, excluding motor fuels
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
-€29,387
2024 · -€24,323-€5,065
Equity
€514,746
2024 · €544,134-€29,387
Cash
€18,338
2024 · €19,313-€975
Balance sheet total
€562,306
2024 · €582,834-€20,528
Largest movements
Assets
- Receivables within one year -€21,127
down €21,127 (-41.9%), from €50,479 to €29,352
of which Trade receivables: -€13,973
Equity and liabilities
- Profit (loss) carried forward -€29,387
down €29,387, from €284 to -€29,103
Income statement
- Gross operating margin -€8,041
down €8,041 (-65.9%), from -€12,194 to -€20,234
- Depreciation -€1,765
down €1,765 (-18.3%), from €9,660 to €7,894
- Other operating charges -€774
down €774 (-40.5%), from €1,912 to €1,138
- Financial income +€320
up €320 (+1,367%), from €23 to €344
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.
Result 2024
-€24,323
Gross operating margin
-€8,041
Depreciation
+€1,765
Other operating charges
+€774
Financial income
+€320
Financial charges
+€153
Taxes
-€37
Result 2025
-€29,387
raises the resultlowers the result
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.
From operations
+€6,843
Investment
-€9,167
Financing
+€1,349
Cash 2024
€19,313
From operations (derived)
+€6,843
Net result for the year
-€29,387
Depreciation
+€7,894
Stocks and contracts
+€167
Receivables within one year
+€21,127
Deferred charges and accrued income
-€468
Trade debts
+€4,787
Tax, wage and social debts
+€510
Other debts
+€2,213
Investment (derived)
-€9,167
Investment in fixed assets (net)
-€9,167
Financing
+€1,349
Current portion of long-term debt
+€1,349
Cash 2025
€18,338
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €582,834 | €562,306 | -€20,528 | -3.5% |
| Fixed assets | 21/28 | €26,917 | €28,189 | +€1,273 | +4.7% |
| Tangible fixed assets | 22/27 | €26,917 | €28,189 | +€1,273 | +4.7% |
| Land and buildings | 22 | €16,303 | €15,607 | -€696 | -4.3% |
| Plant, machinery and equipment | 23 | €10,614 | €12,582 | +€1,969 | +18.5% |
| Current assets | 29/58 | €555,917 | €534,116 | -€21,801 | -3.9% |
| Stocks and contracts in progress | 3 | €3,800 | €3,633 | -€167 | -4.4% |
| Stocks | 30/36 | €3,800 | €3,633 | -€167 | -4.4% |
| Amounts receivable within one year | 40/41 | €50,479 | €29,352 | -€21,127 | -41.9% |
| Trade receivables | 40 | €30,852 | €16,878 | -€13,973 | -45.3% |
| Other amounts receivable | 41 | €19,627 | €12,473 | -€7,154 | -36.4% |
| Current investments | 50/53 | €482,326 | €482,326 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €19,313 | €18,338 | -€975 | -5.0% |
| Deferred charges and accrued income | 490/1 | - | €468 | +€468 | |
| Total equity and liabilities | 10/49 | €582,834 | €562,306 | -€20,528 | -3.5% |
| Equity | 10/15 | €544,134 | €514,746 | -€29,387 | -5.4% |
| Contributions | 10/11 | €369,411 | €369,411 | = | 0.0% |
| Reserves | 13 | €174,438 | €174,438 | = | 0.0% |
| Non-distributable reserves | 130/1 | €36,941 | €36,941 | = | 0.0% |
| Reserves not available under the articles | 1311 | €36,941 | €36,941 | = | 0.0% |
| Tax-exempt reserves | 132 | €99,070 | €99,070 | = | 0.0% |
| Distributable reserves | 133 | €38,428 | €38,428 | = | 0.0% |
| Profit (loss) carried forward | 14 | €284 | -€29,103 | -€29,387 | |
| Amounts payable | 17/49 | €38,700 | €47,559 | +€8,859 | +22.9% |
| Amounts payable within one year | 42/48 | €38,700 | €47,559 | +€8,859 | +22.9% |
| Current portion of amounts payable after more than one year | 42 | - | €1,349 | +€1,349 | |
| Trade debts | 44 | €23,513 | €28,300 | +€4,787 | +20.4% |
| Suppliers | 440/4 | €23,513 | €28,300 | +€4,787 | +20.4% |
| Taxes, remuneration and social security | 45 | - | €510 | +€510 | |
| Taxes | 450/3 | - | €510 | +€510 | |
| Other amounts payable | 47/48 | €15,187 | €17,400 | +€2,213 | +14.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,660 | €7,894 | -€1,765 | -18.3% |
| Other operating charges | 640/8 | €1,912 | €1,138 | -€774 | -40.5% |
| Gross operating margin | 9900 | -€12,194 | -€20,234 | -€8,041 | -65.9% |
| Operating profit (loss) | 9901 | -€23,765 | -€29,266 | -€5,501 | -23.1% |
| Financial income | 75/76B | €23 | €344 | +€320 | +1,367% |
| Recurring financial income | 75 | €23 | €344 | +€320 | +1,367% |
| Financial charges | 65/66B | €453 | €300 | -€153 | -33.8% |
| Recurring financial charges | 65 | €453 | €300 | -€153 | -33.8% |
| Profit (loss) for the period before taxes | 9903 | -€24,195 | -€29,222 | -€5,028 | -20.8% |
| Income taxes | 67/77 | €128 | €165 | +€37 | +28.9% |
| Profit (loss) for the period | 9904 | -€24,323 | -€29,387 | -€5,065 | -20.8% |
| Profit (loss) for the period to be appropriated | 9905 | -€24,323 | -€29,387 | -€5,065 | -20.8% |
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 13 October 2026 via checked.be.