GASCOMPONENTEN: 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
GASCOMPONENTEN
NACE 46.900, Non-specialised wholesale trade
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€675,251
2024 · €623,102+€52,149
Equity
€1.6m
2024 · €1.6m-€24,749
Cash
€691,732
2024 · €161,855+€529,877
Balance sheet total
€2.4m
2024 · €2.5m-€70,146
Largest movements
Assets
- Current investments -€610,000
no longer reported in 2025 (was €610,000)
- Cash +€529,877
up €529,877 (+327%), from €161,855 to €691,732
mainly Net result for the year (+€675,251) and Current investments (+€610,000)
- Stocks and contracts -€79,187
down €79,187 (-8.4%), from €944,093 to €864,906
- Receivables within one year +€74,160
up €74,160 (+18.9%), from €391,910 to €466,070
of which Trade receivables: +€132,747
Equity and liabilities
- Trade debts -€77,056
down €77,056 (-81.3%), from €94,776 to €17,720
- Profit (loss) carried forward -€24,749
down €24,749 (-1.8%), from €1.4m to €1.3m
Income statement
- Purchases and services -€94,797
down €94,797 (-4.0%), from €2.4m to €2.3m
- Gross operating margin +€86,587
up €86,587 (+7.6%), from €1.1m to €1.2m
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
€623,102
Gross operating margin
+€86,587
Staff costs
-€5,736
Depreciation
-€3,220
Write-downs
-€9,373
Other operating charges
+€200
Other operating items
+€288
Financial income
-€367
Financial charges
+€229
Taxes
-€16,459
Result 2025
€675,251
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
+€627,419
Investment
+€585,458
Financing
-€683,000
Cash 2024
€161,855
From operations (derived)
+€627,419
Net result for the year
+€675,251
Depreciation
+€24,205
Stocks and contracts
+€79,187
Receivables within one year
-€74,160
Deferred charges and accrued income
-€14,667
Trade debts
-€77,056
Tax, wage and social debts
+€14,159
Accrued charges and deferred income
+€500
Investment (derived)
+€585,458
Investment in fixed assets (net)
-€24,542
Current investments
+€610,000
Financing
-€683,000
Current portion of long-term debt
+€17,000
Contributions, distributions and other
-€700,000
Cash 2025
€691,732
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €2,465,666 | €2,395,520 | -€70,146 | -2.8% |
| Fixed assets | 21/28 | €357,808 | €358,145 | +€337 | +0.1% |
| Tangible fixed assets | 22/27 | €357,808 | €358,145 | +€337 | +0.1% |
| Land and buildings | 22 | €345,953 | €328,627 | -€17,326 | -5.0% |
| Plant, machinery and equipment | 23 | €5,009 | €7,662 | +€2,653 | +53.0% |
| Furniture and vehicles | 24 | €6,846 | €21,856 | +€15,010 | +219% |
| Current assets | 29/58 | €2,107,858 | €2,037,375 | -€70,483 | -3.3% |
| Stocks and contracts in progress | 3 | €944,093 | €864,906 | -€79,187 | -8.4% |
| Stocks | 30/36 | €944,093 | €864,906 | -€79,187 | -8.4% |
| Amounts receivable within one year | 40/41 | €391,910 | €466,070 | +€74,160 | +18.9% |
| Trade receivables | 40 | €322,226 | €454,973 | +€132,747 | +41.2% |
| Other amounts receivable | 41 | €69,684 | €11,097 | -€58,587 | -84.1% |
| Current investments | 50/53 | €610,000 | - | -€610,000 | |
| Cash at bank and in hand | 54/58 | €161,855 | €691,732 | +€529,877 | +327% |
| Deferred charges and accrued income | 490/1 | - | €14,667 | +€14,667 | |
| Total equity and liabilities | 10/49 | €2,465,666 | €2,395,520 | -€70,146 | -2.8% |
| Equity | 10/15 | €1,625,798 | €1,601,049 | -€24,749 | -1.5% |
| Contributions | 10/11 | €250,000 | €250,000 | = | 0.0% |
| Capital | 10 | €250,000 | €250,000 | = | 0.0% |
| Issued capital | 100 | €250,000 | €250,000 | = | 0.0% |
| Reserves | 13 | €25,000 | €25,000 | = | 0.0% |
| Non-distributable reserves | 130/1 | €25,000 | €25,000 | = | 0.0% |
| Legal reserve | 130 | €25,000 | €25,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €1,350,798 | €1,326,049 | -€24,749 | -1.8% |
| Amounts payable | 17/49 | €839,868 | €794,471 | -€45,397 | -5.4% |
| Amounts payable within one year | 42/48 | €839,018 | €793,121 | -€45,897 | -5.5% |
| Current portion of amounts payable after more than one year | 42 | - | €17,000 | +€17,000 | |
| Trade debts | 44 | €94,776 | €17,720 | -€77,056 | -81.3% |
| Suppliers | 440/4 | €94,776 | €17,720 | -€77,056 | -81.3% |
| Taxes, remuneration and social security | 45 | €44,242 | €58,401 | +€14,159 | +32.0% |
| Taxes | 450/3 | €11,227 | €26,781 | +€15,554 | +139% |
| Remuneration and social security | 454/9 | €33,015 | €31,620 | -€1,395 | -4.2% |
| Other amounts payable | 47/48 | €700,000 | €700,000 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €850 | €1,350 | +€500 | +58.8% |
| Turnover | 70 | €3,531,148 | €3,522,938 | -€8,210 | -0.2% |
| Goods, raw materials, services and sundry goods | 60/61 | €2,398,326 | €2,303,529 | -€94,797 | -4.0% |
| Remuneration, social security and pensions | 62 | €289,979 | €295,715 | +€5,736 | +2.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €20,985 | €24,205 | +€3,220 | +15.3% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €9,373 | +€9,373 | |
| Other operating charges | 640/8 | €8,883 | €8,683 | -€200 | -2.3% |
| Non-recurring operating charges | 66A | €288 | - | -€288 | |
| Gross operating margin | 9900 | €1,132,822 | €1,219,409 | +€86,587 | +7.6% |
| Operating profit (loss) | 9901 | €812,687 | €881,433 | +€68,746 | +8.5% |
| Financial income | 75/76B | €33,726 | €33,359 | -€367 | -1.1% |
| Recurring financial income | 75 | €33,726 | €33,359 | -€367 | -1.1% |
| Financial charges | 65/66B | €13,513 | €13,284 | -€229 | -1.7% |
| Recurring financial charges | 65 | €13,513 | €13,284 | -€229 | -1.7% |
| Profit (loss) for the period before taxes | 9903 | €832,900 | €901,508 | +€68,608 | +8.2% |
| Income taxes | 67/77 | €209,798 | €226,257 | +€16,459 | +7.8% |
| Profit (loss) for the period | 9904 | €623,102 | €675,251 | +€52,149 | +8.4% |
| Profit (loss) for the period to be appropriated | 9905 | €623,102 | €675,251 | +€52,149 | +8.4% |
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 15 October 2026 via checked.be.