GAZ-MAZOUT-PELLETS: what changed
GAZ-MAZOUT-PELLETS
Largest movements
- Tangible fixed assets -€15,698
down €15,698 (-56.4%), from €27,818 to €12,120
of which Furniture and vehicles: -€15,483
- Receivables within one year -€9,586
down €9,586 (-76.0%), from €12,611 to €3,024
of which Other amounts receivable: -€10,406
- Stocks and contracts +€847
up €847 (+13.1%), from €6,445 to €7,292
- Cash -€685
down €685 (-15.8%), from €4,324 to €3,640
mainly Other debts (-€50,745) and Stocks and contracts (-€847)
- Other debts -€50,745
down €50,745 (-99.4%), from €51,062 to €317
- Profit (loss) carried forward +€20,191
up €20,191, from -€4,360 to €15,831
- Tax, wage and social debts +€4,404
new in 2025: €4,404
- Trade debts +€1,016
up €1,016 (+52.8%), from €1,924 to €2,939
- Gross operating margin +€41,660
up €41,660 (+742%), from €5,611 to €47,271
- Other operating charges +€13,383
up €13,383 (+2,237%), from €598 to €13,982
- Taxes +€4,404
new in 2025: €4,404
- Depreciation -€787
down €787 (-8.4%), from €9,382 to €8,595
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €51,625 | €26,490 | -€25,135 | -48.7% |
| Fixed assets | 21/28 | €27,818 | €12,120 | -€15,698 | -56.4% |
| Tangible fixed assets | 22/27 | €27,818 | €12,120 | -€15,698 | -56.4% |
| Plant, machinery and equipment | 23 | €2,639 | €2,424 | -€215 | -8.1% |
| Furniture and vehicles | 24 | €25,179 | €9,696 | -€15,483 | -61.5% |
| Current assets | 29/58 | €23,808 | €14,371 | -€9,437 | -39.6% |
| Stocks and contracts in progress | 3 | €6,445 | €7,292 | +€847 | +13.1% |
| Stocks | 30/36 | €6,445 | €7,292 | +€847 | +13.1% |
| Amounts receivable within one year | 40/41 | €12,611 | €3,024 | -€9,586 | -76.0% |
| Trade receivables | 40 | €1,858 | €2,677 | +€819 | +44.1% |
| Other amounts receivable | 41 | €10,753 | €347 | -€10,406 | -96.8% |
| Cash at bank and in hand | 54/58 | €4,324 | €3,640 | -€685 | -15.8% |
| Deferred charges and accrued income | 490/1 | €427 | €414 | -€13 | -3.1% |
| Total equity and liabilities | 10/49 | €51,625 | €26,490 | -€25,135 | -48.7% |
| Equity | 10/15 | -€1,360 | €18,831 | +€20,191 | |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€4,360 | €15,831 | +€20,191 | |
| Amounts payable | 17/49 | €52,985 | €7,660 | -€45,326 | -85.5% |
| Amounts payable within one year | 42/48 | €52,985 | €7,660 | -€45,326 | -85.5% |
| Trade debts | 44 | €1,924 | €2,939 | +€1,016 | +52.8% |
| Suppliers | 440/4 | €1,924 | €2,939 | +€1,016 | +52.8% |
| Taxes, remuneration and social security | 45 | - | €4,404 | +€4,404 | |
| Taxes | 450/3 | - | €4,404 | +€4,404 | |
| Other amounts payable | 47/48 | €51,062 | €317 | -€50,745 | -99.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,382 | €8,595 | -€787 | -8.4% |
| Other operating charges | 640/8 | €598 | €13,982 | +€13,383 | +2,237% |
| Gross operating margin | 9900 | €5,611 | €47,271 | +€41,660 | +742% |
| Operating profit (loss) | 9901 | -€4,370 | €24,694 | +€29,063 | |
| Financial income | 75/76B | €16 | - | -€16 | |
| Recurring financial income | 75 | €16 | - | -€16 | |
| Financial charges | 65/66B | €7 | €99 | +€92 | +1,421% |
| Recurring financial charges | 65 | €7 | €99 | +€92 | +1,421% |
| Profit (loss) for the period before taxes | 9903 | -€4,360 | €24,595 | +€28,955 | |
| Income taxes | 67/77 | - | €4,404 | +€4,404 | |
| Profit (loss) for the period | 9904 | -€4,360 | €20,191 | +€24,551 | |
| Profit (loss) for the period to be appropriated | 9905 | -€4,360 | €20,191 | +€24,551 |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 7 November 2026 via checked.be.