Belgian Tank Storage C°: 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.
Belgian Tank Storage C°
Largest movements
- Receivables within one year +€520,857
up €520,857 (+85.2%), from €611,512 to €1.1m
of which Other amounts receivable: +€472,144
- Deferred charges and accrued income +€74,170
up €74,170 (+1,065%), from €6,961 to €81,132
- Cash -€41,156
down €41,156 (-75.3%), from €54,655 to €13,499
mainly Receivables within one year (-€520,857) and Deferred charges and accrued income (-€74,170)
- Debts after one year +€339,687
up €339,687 (+2,629%), from €12,920 to €352,607
- Trade debts +€178,259
up €178,259 (+370%), from €48,135 to €226,394
- Gross operating margin +€73,073
up €73,073, from -€19,656 to €53,417
- Financial charges +€15,239
up €15,239 (+824%), from €1,851 to €17,090
- Other operating charges -€10,124
down €10,124 (-44.9%), from €22,530 to €12,406
- Financial income +€1,115
up €1,115 (+38.9%), from €2,866 to €3,982
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,654,051 | €2,193,365 | +€539,314 | +32.6% |
| Fixed assets | 21/28 | €980,923 | €966,367 | -€14,557 | -1.5% |
| Tangible fixed assets | 22/27 | €980,923 | €966,367 | -€14,557 | -1.5% |
| Land and buildings | 22 | €44,655 | €38,801 | -€5,854 | -13.1% |
| Plant, machinery and equipment | 23 | €935,744 | €927,515 | -€8,228 | -0.9% |
| Furniture and vehicles | 24 | €524 | €51 | -€474 | -90.4% |
| Current assets | 29/58 | €673,127 | €1,226,998 | +€553,871 | +82.3% |
| Amounts receivable within one year | 40/41 | €611,512 | €1,132,368 | +€520,857 | +85.2% |
| Trade receivables | 40 | €50,565 | €99,277 | +€48,712 | +96.3% |
| Other amounts receivable | 41 | €560,947 | €1,033,091 | +€472,144 | +84.2% |
| Cash at bank and in hand | 54/58 | €54,655 | €13,499 | -€41,156 | -75.3% |
| Deferred charges and accrued income | 490/1 | €6,961 | €81,132 | +€74,170 | +1,065% |
| Total equity and liabilities | 10/49 | €1,654,051 | €2,193,365 | +€539,314 | +32.6% |
| Equity | 10/15 | €1,049,759 | €1,062,929 | +€13,170 | +1.3% |
| Contributions | 10/11 | €136,973 | €136,973 | = | 0.0% |
| Capital | 10 | €136,973 | €136,973 | = | 0.0% |
| Issued capital | 100 | €136,973 | €136,973 | = | 0.0% |
| Revaluation surpluses | 12 | €894,300 | €894,300 | = | 0.0% |
| Reserves | 13 | €90,556 | €90,556 | = | 0.0% |
| Non-distributable reserves | 130/1 | €8,016 | €8,016 | = | 0.0% |
| Legal reserve | 130 | €8,016 | €8,016 | = | 0.0% |
| Tax-exempt reserves | 132 | €1,239 | €1,239 | = | 0.0% |
| Distributable reserves | 133 | €81,300 | €81,300 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€72,070 | -€58,899 | +€13,170 | +18.3% |
| Provisions and deferred taxes | 16 | €524,831 | €524,831 | = | 0.0% |
| Provisions for liabilities and charges | 160/5 | €524,831 | €524,831 | = | 0.0% |
| Major repairs and maintenance | 162 | €524,831 | €524,831 | = | 0.0% |
| Amounts payable | 17/49 | €79,460 | €605,604 | +€526,144 | +662% |
| Amounts payable after more than one year | 17 | €12,920 | €352,607 | +€339,687 | +2,629% |
| Financial debts | 170/4 | €12,920 | €352,607 | +€339,687 | +2,629% |
| Amounts payable within one year | 42/48 | €65,668 | €252,093 | +€186,424 | +284% |
| Current portion of amounts payable after more than one year | 42 | €10,131 | €10,313 | +€182 | +1.8% |
| Trade debts | 44 | €48,135 | €226,394 | +€178,259 | +370% |
| Suppliers | 440/4 | €48,135 | €226,394 | +€178,259 | +370% |
| Taxes, remuneration and social security | 45 | €174 | €9,808 | +€9,634 | +5,529% |
| Taxes | 450/3 | €174 | €9,808 | +€9,634 | +5,529% |
| Other amounts payable | 47/48 | €7,228 | €5,578 | -€1,650 | -22.8% |
| Accrued charges and deferred income | 492/3 | €872 | €904 | +€32 | +3.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,614 | €14,557 | -€58 | -0.4% |
| Other operating charges | 640/8 | €22,530 | €12,406 | -€10,124 | -44.9% |
| Gross operating margin | 9900 | -€19,656 | €53,417 | +€73,073 | |
| Operating profit (loss) | 9901 | -€56,801 | €26,454 | +€83,255 | |
| Financial income | 75/76B | €2,866 | €3,982 | +€1,115 | +38.9% |
| Recurring financial income | 75 | €2,866 | €3,982 | +€1,115 | +38.9% |
| Financial charges | 65/66B | €1,851 | €17,090 | +€15,239 | +824% |
| Recurring financial charges | 65 | €1,851 | €17,090 | +€15,239 | +824% |
| Profit (loss) for the period before taxes | 9903 | -€55,785 | €13,347 | +€69,131 | |
| Income taxes | 67/77 | €174 | €176 | +€2 | +1.0% |
| Profit (loss) for the period | 9904 | -€55,959 | €13,170 | +€69,129 | |
| Profit (loss) for the period to be appropriated | 9905 | -€55,959 | €13,170 | +€69,129 |
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 27 October 2026 via checked.be.