CERGAS: 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
CERGAS
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
€1.2m
2024 · €870,548+€330,502
Equity
€4.5m
2024 · €3.3m+€1.2m
Cash
€334,120
2024 · €279,496+€54,624
Balance sheet total
€22.5m
2024 · €16.1m+€6.4m
Largest movements
Assets
- Financial fixed assets +€3.5m
up €3.5m (+56.2%), from €6.3m to €9.8m
- Receivables within one year +€2.7m
up €2.7m (+42.8%), from €6.4m to €9.1m
of which Other amounts receivable: +€1.7m
- Stocks and contracts +€313,297
up €313,297 (+102%), from €308,102 to €621,399
Equity and liabilities
- Trade debts +€3.8m
up €3.8m (+66.8%), from €5.6m to €9.4m
- Debts after one year +€941,814
up €941,814 (+26.3%), from €3.6m to €4.5m
- Profit (loss) carried forward +€808,201
up €808,201 (+28.9%), from €2.8m to €3.6m
- Short-term financial debts +€451,659
up €451,659 (+22.4%), from €2.0m to €2.5m
of which Other loans: +€500,000
- Reserves +€357,850
up €357,850 (+91.4%), from €391,506 to €749,356
of which Tax-exempt reserves: +€357,850
Income statement
- Turnover +€19.2m
up €19.2m (+15.3%), from €125.6m to €144.8m
- Goods and materials +€19.2m
up €19.2m (+15.7%), from €121.9m to €141.1m
of which Purchases: +€19.5m
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
€870,548
Turnover
+€19.2m
Other operating income
+€141,433
Goods and materials
-€19.2m
Services and other goods
+€357,679
Staff costs
-€151,273
Depreciation
-€25,133
Write-downs
-€6,990
Provisions
-€56,667
Other operating charges
+€23,273
Other operating items
-€141,451
Financial income
+€231,977
Financial charges
-€28,000
Taxes
-€19,617
Result 2025
€1.2m
raises the resultlowers the resultnot broken down further in the accounts
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
+€2.4m
Investment
-€4.0m
Financing
+€1.6m
Cash 2024
€279,496
From operations (derived)
+€2.4m
Net result for the year
+€1.2m
Depreciation
+€413,306
Receivables after one year
+€217,710
Stocks and contracts
-€313,297
Receivables within one year
-€2.7m
Deferred charges and accrued income
+€16,563
Trade debts
+€3.8m
Tax, wage and social debts
+€61,834
Other debts
-€304,727
Accrued charges and deferred income
+€123,903
Investment (derived)
-€4.0m
Investment in fixed assets (net)
-€4.0m
Financing
+€1.6m
Debts after one year
+€941,814
Current portion of long-term debt
+€249,132
Short-term financial debts
+€451,659
Contributions, distributions and other
-€45,067
Cash 2025
€334,120
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €16,097,150 | €22,537,530 | +€6.4m | +40.0% |
| Fixed assets | 21/28 | €8,356,671 | €11,926,441 | +€3.6m | +42.7% |
| Intangible fixed assets | 21 | €4,542 | €191,453 | +€186,911 | +4,115% |
| Tangible fixed assets | 22/27 | €2,065,017 | €1,916,643 | -€148,374 | -7.2% |
| Land and buildings | 22 | €892,203 | €785,596 | -€106,607 | -11.9% |
| Plant, machinery and equipment | 23 | €329,095 | €295,303 | -€33,792 | -10.3% |
| Furniture and vehicles | 24 | €169,823 | €188,883 | +€19,060 | +11.2% |
| Leasing and similar rights | 25 | €660,269 | €633,929 | -€26,340 | -4.0% |
| Other tangible fixed assets | 26 | €13,627 | €12,932 | -€695 | -5.1% |
| Financial fixed assets | 28 | €6,287,112 | €9,818,345 | +€3.5m | +56.2% |
| Affiliated companies | 280/1 | €6,287,112 | €9,818,345 | +€3.5m | +56.2% |
| Participating interests | 280 | €6,287,112 | €9,818,345 | +€3.5m | +56.2% |
| Current assets | 29/58 | €7,740,480 | €10,611,089 | +€2.9m | +37.1% |
| Amounts receivable after more than one year | 29 | €736,536 | €518,825 | -€217,710 | -29.6% |
| Other amounts receivable | 291 | €736,536 | €518,825 | -€217,710 | -29.6% |
| Stocks and contracts in progress | 3 | €308,102 | €621,399 | +€313,297 | +102% |
| Stocks | 30/36 | €308,102 | €621,399 | +€313,297 | +102% |
| Goods purchased for resale | 34 | €308,102 | €621,399 | +€313,297 | +102% |
| Amounts receivable within one year | 40/41 | €6,399,783 | €9,136,744 | +€2.7m | +42.8% |
| Trade receivables | 40 | €6,398,204 | €7,409,274 | +€1.0m | +15.8% |
| Other amounts receivable | 41 | €1,580 | €1,727,470 | +€1.7m | +109,262% |
| Cash at bank and in hand | 54/58 | €279,496 | €334,120 | +€54,624 | +19.5% |
| Deferred charges and accrued income | 490/1 | €16,563 | - | -€16,563 | |
| Total equity and liabilities | 10/49 | €16,097,150 | €22,537,530 | +€6.4m | +40.0% |
| Equity | 10/15 | €3,295,759 | €4,451,742 | +€1.2m | +35.1% |
| Contributions | 10/11 | €25,000 | €25,000 | = | 0.0% |
| Reserves | 13 | €391,506 | €749,356 | +€357,850 | +91.4% |
| Non-distributable reserves | 130/1 | €2,500 | €2,500 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,500 | €2,500 | = | 0.0% |
| Tax-exempt reserves | 132 | €389,006 | €746,856 | +€357,850 | +92.0% |
| Profit (loss) carried forward | 14 | €2,801,246 | €3,609,446 | +€808,201 | +28.9% |
| Investment grants | 15 | €78,007 | €67,940 | -€10,067 | -12.9% |
| Amounts payable | 17/49 | €12,801,392 | €18,085,788 | +€5.3m | +41.3% |
| Amounts payable after more than one year | 17 | €3,576,372 | €4,518,186 | +€941,814 | +26.3% |
| Financial debts | 170/4 | €3,576,372 | €4,518,186 | +€941,814 | +26.3% |
| Credit institutions | 173 | €3,576,372 | €4,518,186 | +€941,814 | +26.3% |
| Amounts payable within one year | 42/48 | €9,225,020 | €13,443,699 | +€4.2m | +45.7% |
| Current portion of amounts payable after more than one year | 42 | €947,340 | €1,196,472 | +€249,132 | +26.3% |
| Financial debts | 43 | €2,017,839 | €2,469,498 | +€451,659 | +22.4% |
| Credit institutions | 430/8 | €515,327 | €466,986 | -€48,341 | -9.4% |
| Other loans | 439 | €1,502,512 | €2,002,512 | +€500,000 | +33.3% |
| Trade debts | 44 | €5,632,888 | €9,393,669 | +€3.8m | +66.8% |
| Suppliers | 440/4 | €5,632,888 | €9,393,669 | +€3.8m | +66.8% |
| Taxes, remuneration and social security | 45 | €202,226 | €264,060 | +€61,834 | +30.6% |
| Taxes | 450/3 | €126,021 | €176,095 | +€50,074 | +39.7% |
| Remuneration and social security | 454/9 | €76,205 | €87,965 | +€11,760 | +15.4% |
| Other amounts payable | 47/48 | €424,727 | €120,000 | -€304,727 | -71.7% |
| Accrued charges and deferred income | 492/3 | - | €123,903 | +€123,903 | |
| Operating income | 70/76A | €125,992,999 | €145,192,083 | +€19.2m | +15.2% |
| Turnover | 70 | €125,599,248 | €144,806,104 | +€19.2m | +15.3% |
| Other operating income | 74 | €241,987 | €383,420 | +€141,433 | +58.4% |
| Non-recurring operating income | 76A | €151,764 | €2,559 | -€149,205 | -98.3% |
| Operating charges | 60/66A | €124,692,002 | €143,744,943 | +€19.1m | +15.3% |
| Goods for resale, raw materials and consumables | 60 | €121,937,381 | €141,138,966 | +€19.2m | +15.7% |
| Purchases | 600/8 | €121,945,303 | €141,452,263 | +€19.5m | +16.0% |
| Change in stocks: decrease (increase) | 609 | -€7,922 | -€313,297 | -€305,376 | -3,855% |
| Services and other goods | 61 | €1,691,826 | €1,334,148 | -€357,679 | -21.1% |
| Remuneration, social security and pensions | 62 | €652,596 | €803,869 | +€151,273 | +23.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €388,172 | €413,306 | +€25,133 | +6.5% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€11,058 | -€4,068 | +€6,990 | +63.2% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | -€56,667 | - | +€56,667 | |
| Other operating charges | 640/8 | €68,838 | €45,565 | -€23,273 | -33.8% |
| Non-recurring operating charges | 66A | €20,913 | €13,158 | -€7,754 | -37.1% |
| Operating profit (loss) | 9901 | €1,300,997 | €1,447,139 | +€146,142 | +11.2% |
| Financial income | 75/76B | €33,938 | €265,915 | +€231,977 | +684% |
| Recurring financial income | 75 | €33,938 | €265,915 | +€231,977 | +684% |
| Income from financial fixed assets | 750 | €560 | €250,000 | +€249,440 | +44,545% |
| Income from current assets | 751 | €20,970 | €4,389 | -€16,581 | -79.1% |
| Other financial income | 752/9 | €12,408 | €11,526 | -€882 | -7.1% |
| Financial charges | 65/66B | €145,571 | €173,571 | +€28,000 | +19.2% |
| Recurring financial charges | 65 | €145,571 | €173,571 | +€28,000 | +19.2% |
| Debt charges | 650 | €136,678 | €165,519 | +€28,841 | +21.1% |
| Other financial charges | 652/9 | €8,894 | €8,052 | -€841 | -9.5% |
| Profit (loss) for the period before taxes | 9903 | €1,189,364 | €1,539,483 | +€350,119 | +29.4% |
| Income taxes | 67/77 | €318,816 | €338,433 | +€19,617 | +6.2% |
| Taxes | 670/3 | €318,816 | €338,433 | +€19,617 | +6.2% |
| Profit (loss) for the period | 9904 | €870,548 | €1,201,051 | +€330,502 | +38.0% |
| Transfer to tax-exempt reserves | 689 | €370,480 | €357,850 | -€12,630 | -3.4% |
| Profit (loss) for the period to be appropriated | 9905 | €500,068 | €843,201 | +€343,132 | +68.6% |
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 17 October 2026 via checked.be.