FUEL TRADE: 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.
FUEL TRADE
Largest movements
- Cash -€310,294
down €310,294 (-34.8%), from €890,787 to €580,493
mainly Advances received (-€471,528) and Receivables within one year (-€273,609)
- Receivables within one year +€273,609
up €273,609 (+35.5%), from €771,454 to €1.0m
of which Trade receivables: +€260,370
- Stocks and contracts -€218,302
down €218,302 (-59.6%), from €366,302 to €148,000
- Advances received -€471,528
no longer reported in 2025 (was €471,528)
- Reserves +€77,419
up €77,419 (+31.7%), from €244,334 to €321,753
- Debts after one year +€60,000
up €60,000 (+6.4%), from €940,000 to €1.0m
- Trade debts +€51,146
up €51,146 (+18.3%), from €279,588 to €330,734
- Tax, wage and social debts +€28,034
up €28,034 (+37.2%), from €75,286 to €103,319
of which Taxes: +€19,610
- Gross operating margin -€154,283
down €154,283 (-45.3%), from €340,845 to €186,562
- Taxes -€55,675
down €55,675 (-74.0%), from €75,286 to €19,610
- Staff costs +€35,543
up €35,543 (+908%), from €3,916 to €39,459
- Financial charges +€25,155
up €25,155 (+102%), from €24,746 to €49,901
- Financial income -€13,191
no longer reported in 2025 (was €13,191)
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 | €2,030,793 | €1,775,806 | -€254,987 | -12.6% |
| Fixed assets | 21/28 | €2,250 | €2,250 | = | 0.0% |
| Financial fixed assets | 28 | €2,250 | €2,250 | = | 0.0% |
| Current assets | 29/58 | €2,028,543 | €1,773,556 | -€254,987 | -12.6% |
| Stocks and contracts in progress | 3 | €366,302 | €148,000 | -€218,302 | -59.6% |
| Stocks | 30/36 | €366,302 | €148,000 | -€218,302 | -59.6% |
| Amounts receivable within one year | 40/41 | €771,454 | €1,045,063 | +€273,609 | +35.5% |
| Trade receivables | 40 | €702,391 | €962,761 | +€260,370 | +37.1% |
| Other amounts receivable | 41 | €69,063 | €82,302 | +€13,239 | +19.2% |
| Cash at bank and in hand | 54/58 | €890,787 | €580,493 | -€310,294 | -34.8% |
| Total equity and liabilities | 10/49 | €2,030,793 | €1,775,806 | -€254,987 | -12.6% |
| Equity | 10/15 | €264,334 | €341,753 | +€77,419 | +29.3% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €244,334 | €321,753 | +€77,419 | +31.7% |
| Distributable reserves | 133 | €244,334 | €321,753 | +€77,419 | +31.7% |
| Amounts payable | 17/49 | €1,766,459 | €1,434,054 | -€332,406 | -18.8% |
| Amounts payable after more than one year | 17 | €940,000 | €1,000,000 | +€60,000 | +6.4% |
| Other amounts payable | 178/9 | €940,000 | €1,000,000 | +€60,000 | +6.4% |
| Amounts payable within one year | 42/48 | €826,459 | €434,054 | -€392,406 | -47.5% |
| Trade debts | 44 | €279,588 | €330,734 | +€51,146 | +18.3% |
| Suppliers | 440/4 | €279,588 | €330,734 | +€51,146 | +18.3% |
| Advances received on contracts in progress | 46 | €471,528 | - | -€471,528 | |
| Taxes, remuneration and social security | 45 | €75,286 | €103,319 | +€28,034 | +37.2% |
| Taxes | 450/3 | €75,286 | €94,896 | +€19,610 | +26.0% |
| Remuneration and social security | 454/9 | - | €8,423 | +€8,423 | |
| Other amounts payable | 47/48 | €58 | - | -€58 | |
| Remuneration, social security and pensions | 62 | €3,916 | €39,459 | +€35,543 | +908% |
| Other operating charges | 640/8 | - | €172 | +€172 | |
| Gross operating margin | 9900 | €340,845 | €186,562 | -€154,283 | -45.3% |
| Operating profit (loss) | 9901 | €336,929 | €146,931 | -€189,998 | -56.4% |
| Financial income | 75/76B | €13,191 | - | -€13,191 | |
| Recurring financial income | 75 | €13,191 | - | -€13,191 | |
| Financial charges | 65/66B | €24,746 | €49,901 | +€25,155 | +102% |
| Recurring financial charges | 65 | €24,746 | €49,901 | +€25,155 | +102% |
| Profit (loss) for the period before taxes | 9903 | €325,374 | €97,030 | -€228,344 | -70.2% |
| Income taxes | 67/77 | €75,286 | €19,610 | -€55,675 | -74.0% |
| Profit (loss) for the period | 9904 | €250,088 | €77,419 | -€172,669 | -69.0% |
| Profit (loss) for the period to be appropriated | 9905 | €250,088 | €77,419 | -€172,669 | -69.0% |
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 21 October 2026 via checked.be.