Betterfuels: 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.
Betterfuels
Largest movements
- Cash +€17,383
up €17,383 (+257%), from €6,772 to €24,155
mainly Receivables within one year (+€14,548) and Net result for the year (+€12,390)
- Receivables within one year -€14,548
down €14,548 (-35.8%), from €40,682 to €26,134
of which Trade receivables: -€16,184
- Stocks and contracts -€3,246
down €3,246 (-28.6%), from €11,335 to €8,089
- Deferred charges and accrued income +€1,025
new in 2025: €1,025
- Profit (loss) carried forward +€12,390
up €12,390 (+48.1%), from €25,766 to €38,155
- Other debts -€10,000
down €10,000 (-100%), from €10,000 to €0
- Trade debts -€3,882
down €3,882 (-90.7%), from €4,282 to €399
- Tax, wage and social debts +€1,848
up €1,848 (+19.5%), from €9,494 to €11,342
- Gross operating margin -€16,869
down €16,869 (-43.3%), from €38,919 to €22,050
- Financial charges -€4,552
down €4,552 (-48.3%), from €9,424 to €4,872
- Taxes -€3,082
down €3,082 (-42.7%), from €7,212 to €4,130
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 | €59,541 | €59,897 | +€355 | +0.6% |
| Formation expenses | 20 | €752 | €493 | -€258 | -34.4% |
| Current assets | 29/58 | €58,789 | €59,403 | +€614 | +1.0% |
| Stocks and contracts in progress | 3 | €11,335 | €8,089 | -€3,246 | -28.6% |
| Stocks | 30/36 | €11,335 | €8,089 | -€3,246 | -28.6% |
| Amounts receivable within one year | 40/41 | €40,682 | €26,134 | -€14,548 | -35.8% |
| Trade receivables | 40 | €40,587 | €24,403 | -€16,184 | -39.9% |
| Other amounts receivable | 41 | €95 | €1,731 | +€1,636 | +1,713% |
| Cash at bank and in hand | 54/58 | €6,772 | €24,155 | +€17,383 | +257% |
| Deferred charges and accrued income | 490/1 | - | €1,025 | +€1,025 | |
| Total equity and liabilities | 10/49 | €59,541 | €59,897 | +€355 | +0.6% |
| Equity | 10/15 | €35,766 | €48,155 | +€12,390 | +34.6% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €25,766 | €38,155 | +€12,390 | +48.1% |
| Amounts payable | 17/49 | €23,776 | €11,741 | -€12,034 | -50.6% |
| Amounts payable within one year | 42/48 | €23,776 | €11,741 | -€12,034 | -50.6% |
| Trade debts | 44 | €4,282 | €399 | -€3,882 | -90.7% |
| Suppliers | 440/4 | €4,282 | €399 | -€3,882 | -90.7% |
| Taxes, remuneration and social security | 45 | €9,494 | €11,342 | +€1,848 | +19.5% |
| Taxes | 450/3 | €9,494 | €11,342 | +€1,848 | +19.5% |
| Other amounts payable | 47/48 | €10,000 | €0 | -€10,000 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €258 | €258 | = | 0.0% |
| Other operating charges | 640/8 | €387 | €400 | +€12 | +3.2% |
| Gross operating margin | 9900 | €38,919 | €22,050 | -€16,869 | -43.3% |
| Operating profit (loss) | 9901 | €38,273 | €21,391 | -€16,881 | -44.1% |
| Financial charges | 65/66B | €9,424 | €4,872 | -€4,552 | -48.3% |
| Recurring financial charges | 65 | €9,424 | €4,872 | -€4,552 | -48.3% |
| Profit (loss) for the period before taxes | 9903 | €28,849 | €16,519 | -€12,330 | -42.7% |
| Income taxes | 67/77 | €7,212 | €4,130 | -€3,082 | -42.7% |
| Profit (loss) for the period | 9904 | €21,637 | €12,390 | -€9,247 | -42.7% |
| Profit (loss) for the period to be appropriated | 9905 | €21,637 | €12,390 | -€9,247 | -42.7% |
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 18 October 2026 via checked.be.