Borremans: what changed
What changed
Borremans
NACE 47.300, Retail sale of automotive fuel
filed annual accounts (NBB)
Net result for the year
€727,367
2024 · €207,598+€519,769
Equity
€1.9m
2024 · €906,956+€1.0m
Cash
€841,057
2024 · €445,915+€395,142
Balance sheet total
€4.8m
2024 · €2.9m+€1.9m
Largest movements
Assets
- Tangible fixed assets +€1.3m
up €1.3m (+141%), from €949,049 to €2.3m
of which Land and buildings: +€1.3m
- Cash +€395,142
up €395,142 (+88.6%), from €445,915 to €841,057
mainly Debts after one year (+€1.2m) and Net result for the year (+€727,367)
- Stocks and contracts +€296,744
up €296,744 (+27.4%), from €1.1m to €1.4m
- Receivables within one year -€75,425
down €75,425 (-20.9%), from €360,460 to €285,035
of which Other amounts receivable: -€63,533
Equity and liabilities
- Debts after one year +€1.2m
up €1.2m (+217%), from €568,948 to €1.8m
- Reserves +€839,354
up €839,354 (+97.9%), from €856,956 to €1.7m
of which Tax-exempt reserves: +€828,624
- Trade debts -€353,847
down €353,847 (-75.1%), from €471,466 to €117,619
- Provisions +€199,795
up €199,795 (+144%), from €139,200 to €338,995
of which Deferred taxes: +€273,291
- Contributions +€174,000
up €174,000 (+348%), from €50,000 to €224,000
Income statement
- Gross operating margin +€541,329
up €541,329 (+32.9%), from €1.6m to €2.2m
- Write-downs -€242,615
down €242,615, from €124,234 to -€118,381
- Provisions -€205,196
down €205,196, from €131,700 to -€73,496
- Taxes -€58,327
down €58,327 (-99.2%), from €58,775 to €448
- Other operating charges +€29,780
up €29,780 (+82.9%), from €35,940 to €65,720
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
€207,598
Gross operating margin
+€541,329
Staff costs
-€23,420
Depreciation
+€25,954
Write-downs
+€242,615
Provisions
+€205,196
Other operating charges
-€29,780
Other operating items
-€249,287
Financial income
-€4,381
Financial charges
+€26,507
Taxes
+€58,327
Deferred taxes and other
-€273,291
Result 2025
€727,367
raises the resultlowers the resultnot broken down further in the accounts
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
+€495,385
Investment
-€1.5m
Financing
+€1.4m
Cash 2024
€445,915
From operations (derived)
+€495,385
Net result for the year
+€727,367
Depreciation
+€156,806
Stocks and contracts
-€296,744
Receivables within one year
+€75,425
Deferred charges and accrued income
+€6,969
Provisions
+€199,795
Trade debts
-€353,847
Tax, wage and social debts
+€89,904
Advances received
+€64,772
Other debts
-€128,526
Accrued charges and deferred income
-€46,535
Investment (derived)
-€1.5m
Investment in fixed assets (net)
-€1.5m
Financing
+€1.4m
Debts after one year
+€1.2m
Current portion of long-term debt
-€128,695
Contributions, distributions and other
+€285,987
Cash 2025
€841,057
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €2,851,533 | €4,794,889 | +€1.9m | +68.2% |
| Fixed assets | 21/28 | €950,409 | €2,284,272 | +€1.3m | +140% |
| Intangible fixed assets | 21 | €1,261 | €786 | -€476 | -37.7% |
| Tangible fixed assets | 22/27 | €949,049 | €2,283,487 | +€1.3m | +141% |
| Land and buildings | 22 | €625,672 | €1,974,082 | +€1.3m | +216% |
| Plant, machinery and equipment | 23 | €320,880 | €264,180 | -€56,700 | -17.7% |
| Furniture and vehicles | 24 | €2,497 | €45,225 | +€42,728 | +1,711% |
| Financial fixed assets | 28 | €99 | €0 | -€99 | -100% |
| Current assets | 29/58 | €1,901,124 | €2,510,617 | +€609,493 | +32.1% |
| Stocks and contracts in progress | 3 | €1,082,577 | €1,379,321 | +€296,744 | +27.4% |
| Stocks | 30/36 | €1,082,577 | €1,379,321 | +€296,744 | +27.4% |
| Amounts receivable within one year | 40/41 | €360,460 | €285,035 | -€75,425 | -20.9% |
| Trade receivables | 40 | €275,314 | €263,422 | -€11,892 | -4.3% |
| Other amounts receivable | 41 | €85,146 | €21,613 | -€63,533 | -74.6% |
| Cash at bank and in hand | 54/58 | €445,915 | €841,057 | +€395,142 | +88.6% |
| Deferred charges and accrued income | 490/1 | €12,172 | €5,203 | -€6,969 | -57.3% |
| Total equity and liabilities | 10/49 | €2,851,533 | €4,794,889 | +€1.9m | +68.2% |
| Equity | 10/15 | €906,956 | €1,920,309 | +€1.0m | +112% |
| Contributions | 10/11 | €50,000 | €224,000 | +€174,000 | +348% |
| Reserves | 13 | €856,956 | €1,696,309 | +€839,354 | +97.9% |
| Tax-exempt reserves | 132 | €31,126 | €859,750 | +€828,624 | +2,662% |
| Distributable reserves | 133 | €825,830 | €836,559 | +€10,730 | +1.3% |
| Provisions and deferred taxes | 16 | €139,200 | €338,995 | +€199,795 | +144% |
| Provisions for liabilities and charges | 160/5 | €139,200 | €65,704 | -€73,496 | -52.8% |
| Environmental obligations | 163 | €40,000 | €20,504 | -€19,496 | -48.7% |
| Other liabilities and charges | 164/5 | €99,200 | €45,200 | -€54,000 | -54.4% |
| Deferred taxes | 168 | - | €273,291 | +€273,291 | |
| Amounts payable | 17/49 | €1,805,377 | €2,535,585 | +€730,208 | +40.4% |
| Amounts payable after more than one year | 17 | €568,948 | €1,802,084 | +€1.2m | +217% |
| Financial debts | 170/4 | €568,948 | €1,802,084 | +€1.2m | +217% |
| Amounts payable within one year | 42/48 | €1,167,774 | €711,382 | -€456,392 | -39.1% |
| Current portion of amounts payable after more than one year | 42 | €239,840 | €111,145 | -€128,695 | -53.7% |
| Trade debts | 44 | €471,466 | €117,619 | -€353,847 | -75.1% |
| Suppliers | 440/4 | €471,466 | €117,619 | -€353,847 | -75.1% |
| Advances received on contracts in progress | 46 | €36 | €64,808 | +€64,772 | +180,928% |
| Taxes, remuneration and social security | 45 | €82,639 | €172,542 | +€89,904 | +109% |
| Taxes | 450/3 | €13,943 | €44,646 | +€30,703 | +220% |
| Remuneration and social security | 454/9 | €68,696 | €127,896 | +€59,200 | +86.2% |
| Other amounts payable | 47/48 | €373,793 | €245,267 | -€128,526 | -34.4% |
| Accrued charges and deferred income | 492/3 | €68,654 | €22,119 | -€46,535 | -67.8% |
| Non-recurring operating income | 76A | €1,993 | €1,109,835 | +€1.1m | +55,591% |
| Remuneration, social security and pensions | 62 | €818,551 | €841,971 | +€23,420 | +2.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €182,760 | €156,806 | -€25,954 | -14.2% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €124,234 | -€118,381 | -€242,615 | |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | €131,700 | -€73,496 | -€205,196 | |
| Other operating charges | 640/8 | €35,940 | €65,720 | +€29,780 | +82.9% |
| Non-recurring operating charges | 66A | - | €249,287 | +€249,287 | |
| Gross operating margin | 9900 | €1,644,540 | €2,185,869 | +€541,329 | +32.9% |
| Operating profit (loss) | 9901 | €351,355 | €1,063,961 | +€712,606 | +203% |
| Financial income | 75/76B | €4,947 | €566 | -€4,381 | -88.6% |
| Recurring financial income | 75 | €4,947 | €566 | -€4,381 | -88.6% |
| Financial charges | 65/66B | €89,929 | €63,422 | -€26,507 | -29.5% |
| Recurring financial charges | 65 | €89,929 | €63,422 | -€26,507 | -29.5% |
| Profit (loss) for the period before taxes | 9903 | €266,373 | €1,001,105 | +€734,733 | +276% |
| Transfer from deferred taxes | 780 | - | €4,168 | +€4,168 | |
| Transfer to deferred taxes | 680 | - | €277,459 | +€277,459 | |
| Income taxes | 67/77 | €58,775 | €448 | -€58,327 | -99.2% |
| Profit (loss) for the period | 9904 | €207,598 | €727,367 | +€519,769 | +250% |
| Transfer from tax-exempt reserves | 789 | - | €12,505 | +€12,505 | |
| Transfer to tax-exempt reserves | 689 | - | €832,377 | +€832,377 | |
| Profit (loss) for the period to be appropriated | 9905 | €207,598 | -€92,505 | -€300,103 |
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 3 November 2026 via checked.be.