GAZPRO: 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.
GAZPRO
Largest movements
- Receivables within one year +€90,639
up €90,639 (+320%), from €28,323 to €118,962
of which Trade receivables: +€47,532
- Cash +€31,239
new in 2025: €31,239
mainly Trade debts (+€80,680) and Net result for the year (+€60,971)
- Tangible fixed assets +€27,233
up €27,233 (+50.8%), from €53,631 to €80,864
of which Furniture and vehicles: +€27,263
- Trade debts +€80,680
up €80,680 (+2,816%), from €2,865 to €83,545
- Profit (loss) carried forward +€60,971
up €60,971 (+175%), from €34,903 to €95,874
- Tax, wage and social debts +€24,759
up €24,759 (+1,344%), from €1,842 to €26,602
- Debts after one year -€12,985
down €12,985 (-42.2%), from €30,752 to €17,767
- Gross operating margin +€84,629
up €84,629 (+301%), from €28,077 to €112,706
- Taxes +€25,325
up €25,325 (+661%), from €3,834 to €29,159
- Financial charges -€1,250
down €1,250 (-43.8%), from €2,857 to €1,606
- Other operating charges +€1,195
new in 2025: €1,195
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 | €91,954 | €241,297 | +€149,342 | +162% |
| Fixed assets | 21/28 | €63,631 | €90,864 | +€27,233 | +42.8% |
| Tangible fixed assets | 22/27 | €53,631 | €80,864 | +€27,233 | +50.8% |
| Plant, machinery and equipment | 23 | €1,165 | €1,136 | -€29 | -2.5% |
| Furniture and vehicles | 24 | €52,466 | €79,729 | +€27,263 | +52.0% |
| Financial fixed assets | 28 | €10,000 | €10,000 | = | 0.0% |
| Current assets | 29/58 | €28,323 | €150,432 | +€122,109 | +431% |
| Amounts receivable within one year | 40/41 | €28,323 | €118,962 | +€90,639 | +320% |
| Trade receivables | 40 | €24,191 | €71,723 | +€47,532 | +196% |
| Other amounts receivable | 41 | €4,133 | €47,239 | +€43,107 | +1,043% |
| Cash at bank and in hand | 54/58 | - | €31,239 | +€31,239 | |
| Deferred charges and accrued income | 490/1 | - | €231 | +€231 | |
| Total equity and liabilities | 10/49 | €91,954 | €241,297 | +€149,342 | +162% |
| Equity | 10/15 | €36,903 | €97,874 | +€60,971 | +165% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €34,903 | €95,874 | +€60,971 | +175% |
| Amounts payable | 17/49 | €55,052 | €143,423 | +€88,371 | +161% |
| Amounts payable after more than one year | 17 | €30,752 | €17,767 | -€12,985 | -42.2% |
| Financial debts | 170/4 | €30,752 | €17,767 | -€12,985 | -42.2% |
| Amounts payable within one year | 42/48 | €24,300 | €125,656 | +€101,356 | +417% |
| Current portion of amounts payable after more than one year | 42 | €15,146 | €14,764 | -€381 | -2.5% |
| Financial debts | 43 | €1,736 | - | -€1,736 | |
| Credit institutions | 430/8 | €1,736 | - | -€1,736 | |
| Trade debts | 44 | €2,865 | €83,545 | +€80,680 | +2,816% |
| Suppliers | 440/4 | €2,865 | €83,545 | +€80,680 | +2,816% |
| Taxes, remuneration and social security | 45 | €1,842 | €26,602 | +€24,759 | +1,344% |
| Taxes | 450/3 | €1,842 | €26,602 | +€24,759 | +1,344% |
| Other amounts payable | 47/48 | €2,710 | €745 | -€1,965 | -72.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €18,884 | €19,803 | +€918 | +4.9% |
| Other operating charges | 640/8 | - | €1,195 | +€1,195 | |
| Gross operating margin | 9900 | €28,077 | €112,706 | +€84,629 | +301% |
| Operating profit (loss) | 9901 | €9,193 | €91,708 | +€82,516 | +898% |
| Financial income | 75/76B | €119 | €28 | -€91 | -76.2% |
| Recurring financial income | 75 | €119 | €28 | -€91 | -76.2% |
| Financial charges | 65/66B | €2,857 | €1,606 | -€1,250 | -43.8% |
| Recurring financial charges | 65 | €2,857 | €1,606 | -€1,250 | -43.8% |
| Profit (loss) for the period before taxes | 9903 | €6,455 | €90,130 | +€83,675 | +1,296% |
| Income taxes | 67/77 | €3,834 | €29,159 | +€25,325 | +661% |
| Profit (loss) for the period | 9904 | €2,621 | €60,971 | +€58,350 | +2,226% |
| Profit (loss) for the period to be appropriated | 9905 | €2,621 | €60,971 | +€58,350 | +2,226% |
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 22 October 2026 via checked.be.