GAS MANAGEMENT: 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
GAS MANAGEMENT
NACE 70.200, Business and other management consultancy
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€9,133
2024 · €212,054-€202,920
Equity
€3.6m
2024 · €3.6m+€9,133
Cash
€3,694
2024 · €31,655-€27,961
Balance sheet total
€7.7m
2024 · €7.7m-€40,490
Largest movements
Assets
No asset line moved by more than 1% of the balance sheet total.
Equity and liabilities
- Other debts +€109,951
up €109,951 (+3.1%), from €3.5m to €3.6m
- Debts after one year -€96,250
down €96,250 (-30.2%), from €318,417 to €222,167
Income statement
- Gross operating margin -€281,410
down €281,410 (-72.5%), from €388,337 to €106,927
- Taxes -€67,607
down €67,607 (-93.8%), from €72,086 to €4,479
- Financial income +€23,281
up €23,281 (+19.0%), from €122,555 to €145,836
- Financial charges +€15,665
up €15,665 (+10.7%), from €146,336 to €162,001
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
€212,054
Gross operating margin
-€281,410
Depreciation
+€1,426
Other operating charges
+€1,841
Financial income
+€23,281
Financial charges
-€15,665
Taxes
+€67,607
Result 2025
€9,133
raises the resultlowers the result
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
+€109,772
Investment
€0
Financing
-€137,733
Cash 2024
€31,655
From operations (derived)
+€109,772
Net result for the year
+€9,133
Depreciation
+€72,825
Receivables within one year
-€60,221
Deferred charges and accrued income
-€75
Trade debts
+€4,712
Tax, wage and social debts
-€36,900
Other debts
+€109,951
Accrued charges and deferred income
+€10,345
Financing
-€137,733
Debts after one year
-€96,250
Current portion of long-term debt
-€41,483
Cash 2025
€3,694
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €7,718,828 | €7,678,337 | -€40,490 | -0.5% |
| Fixed assets | 21/28 | €4,890,527 | €4,817,702 | -€72,825 | -1.5% |
| Tangible fixed assets | 22/27 | €334,906 | €262,081 | -€72,825 | -21.7% |
| Land and buildings | 22 | €218,826 | €206,934 | -€11,892 | -5.4% |
| Furniture and vehicles | 24 | €79,372 | €55,147 | -€24,226 | -30.5% |
| Leasing and similar rights | 25 | €36,708 | €0 | -€36,708 | -100.0% |
| Assets under construction and advance payments | 27 | €0 | - | = | |
| Financial fixed assets | 28 | €4,555,621 | €4,555,621 | = | 0.0% |
| Current assets | 29/58 | €2,828,300 | €2,860,635 | +€32,335 | +1.1% |
| Amounts receivable within one year | 40/41 | €2,795,263 | €2,855,485 | +€60,221 | +2.2% |
| Trade receivables | 40 | €113,592 | €20,978 | -€92,614 | -81.5% |
| Other amounts receivable | 41 | €2,681,671 | €2,834,507 | +€152,835 | +5.7% |
| Cash at bank and in hand | 54/58 | €31,655 | €3,694 | -€27,961 | -88.3% |
| Deferred charges and accrued income | 490/1 | €1,382 | €1,457 | +€75 | +5.4% |
| Total equity and liabilities | 10/49 | €7,718,828 | €7,678,337 | -€40,490 | -0.5% |
| Equity | 10/15 | €3,601,554 | €3,610,687 | +€9,133 | +0.3% |
| Contributions | 10/11 | €2,052,400 | €2,052,400 | = | 0.0% |
| Reserves | 13 | €448,523 | €448,523 | = | 0.0% |
| Tax-exempt reserves | 132 | €218,920 | €105,250 | -€113,670 | -51.9% |
| Distributable reserves | 133 | €229,603 | €343,273 | +€113,670 | +49.5% |
| Profit (loss) carried forward | 14 | €1,100,631 | €1,109,764 | +€9,133 | +0.8% |
| Amounts payable | 17/49 | €4,117,274 | €4,067,650 | -€49,624 | -1.2% |
| Amounts payable after more than one year | 17 | €318,417 | €222,167 | -€96,250 | -30.2% |
| Financial debts | 170/4 | €318,417 | €222,167 | -€96,250 | -30.2% |
| Amounts payable within one year | 42/48 | €3,798,818 | €3,835,099 | +€36,281 | +1.0% |
| Current portion of amounts payable after more than one year | 42 | €154,781 | €113,298 | -€41,483 | -26.8% |
| Trade debts | 44 | €32,710 | €37,423 | +€4,712 | +14.4% |
| Suppliers | 440/4 | €32,710 | €37,423 | +€4,712 | +14.4% |
| Taxes, remuneration and social security | 45 | €73,349 | €36,450 | -€36,900 | -50.3% |
| Taxes | 450/3 | €73,349 | €36,450 | -€36,900 | -50.3% |
| Other amounts payable | 47/48 | €3,537,977 | €3,647,929 | +€109,951 | +3.1% |
| Accrued charges and deferred income | 492/3 | €39 | €10,384 | +€10,345 | +26,593% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €74,251 | €72,825 | -€1,426 | -1.9% |
| Other operating charges | 640/8 | €6,165 | €4,324 | -€1,841 | -29.9% |
| Gross operating margin | 9900 | €388,337 | €106,927 | -€281,410 | -72.5% |
| Operating profit (loss) | 9901 | €307,921 | €29,777 | -€278,144 | -90.3% |
| Financial income | 75/76B | €122,555 | €145,836 | +€23,281 | +19.0% |
| Recurring financial income | 75 | €122,555 | €145,836 | +€23,281 | +19.0% |
| Financial charges | 65/66B | €146,336 | €162,001 | +€15,665 | +10.7% |
| Recurring financial charges | 65 | €146,336 | €162,001 | +€15,665 | +10.7% |
| Profit (loss) for the period before taxes | 9903 | €284,140 | €13,612 | -€270,528 | -95.2% |
| Income taxes | 67/77 | €72,086 | €4,479 | -€67,607 | -93.8% |
| Profit (loss) for the period | 9904 | €212,054 | €9,133 | -€202,920 | -95.7% |
| Transfer from tax-exempt reserves | 789 | €117,880 | €113,670 | -€4,210 | -3.6% |
| Transfer to tax-exempt reserves | 689 | €105,250 | €0 | -€105,250 | -100% |
| Profit (loss) for the period to be appropriated | 9905 | €224,684 | €122,803 | -€101,880 | -45.3% |
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 23 October 2026 via checked.be.