HURKMANS PETROLEUM: what changed
HURKMANS PETROLEUM
Largest movements
- Cash -€8,118
down €8,118 (-71.8%), from €11,300 to €3,183
mainly Contributions, distributions and other (-€15,925) and Deferred charges and accrued income (-€542)
- Tangible fixed assets -€3,440
down €3,440 (-4.9%), from €70,019 to €66,579
- Reserves -€12,189
down €12,189 (-21.3%), from €57,329 to €45,141
- Gross operating margin -€9,587
down €9,587 (-44.8%), from €21,379 to €11,792
- Depreciation -€9,240
down €9,240 (-72.9%), from €12,681 to €3,440
- Other operating charges +€651
up €651 (+22.2%), from €2,930 to €3,581
- Financial income +€330
new in 2025: €330
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 | €90,827 | €79,835 | -€10,992 | -12.1% |
| Fixed assets | 21/28 | €70,019 | €66,579 | -€3,440 | -4.9% |
| Tangible fixed assets | 22/27 | €70,019 | €66,579 | -€3,440 | -4.9% |
| Land and buildings | 22 | €70,019 | €66,579 | -€3,440 | -4.9% |
| Current assets | 29/58 | €20,808 | €13,256 | -€7,552 | -36.3% |
| Amounts receivable within one year | 40/41 | €8,851 | €8,875 | +€24 | +0.3% |
| Trade receivables | 40 | €2,345 | €2,361 | +€16 | +0.7% |
| Other amounts receivable | 41 | €6,506 | €6,514 | +€8 | +0.1% |
| Cash at bank and in hand | 54/58 | €11,300 | €3,183 | -€8,118 | -71.8% |
| Deferred charges and accrued income | 490/1 | €657 | €1,198 | +€542 | +82.5% |
| Total equity and liabilities | 10/49 | €90,827 | €79,835 | -€10,992 | -12.1% |
| Equity | 10/15 | €90,762 | €78,573 | -€12,189 | -13.4% |
| Contributions | 10/11 | €6,225 | €6,225 | = | 0.0% |
| Reserves | 13 | €57,329 | €45,141 | -€12,189 | -21.3% |
| Distributable reserves | 133 | €57,329 | €45,141 | -€12,189 | -21.3% |
| Profit (loss) carried forward | 14 | €27,207 | €27,207 | = | 0.0% |
| Amounts payable | 17/49 | €66 | €1,262 | +€1,197 | +1,827% |
| Amounts payable within one year | 42/48 | - | €1,225 | +€1,225 | |
| Trade debts | 44 | - | €546 | +€546 | |
| Suppliers | 440/4 | - | €546 | +€546 | |
| Taxes, remuneration and social security | 45 | - | €679 | +€679 | |
| Taxes | 450/3 | - | €679 | +€679 | |
| Accrued charges and deferred income | 492/3 | €66 | €37 | -€28 | -43.1% |
| Remuneration, social security and pensions | 62 | - | €0 | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,681 | €3,440 | -€9,240 | -72.9% |
| Other operating charges | 640/8 | €2,930 | €3,581 | +€651 | +22.2% |
| Gross operating margin | 9900 | €21,379 | €11,792 | -€9,587 | -44.8% |
| Operating profit (loss) | 9901 | €5,769 | €4,771 | -€998 | -17.3% |
| Financial income | 75/76B | - | €330 | +€330 | |
| Recurring financial income | 75 | - | €330 | +€330 | |
| Financial charges | 65/66B | €118 | €119 | +€1 | +1.2% |
| Recurring financial charges | 65 | €118 | €119 | +€1 | +1.2% |
| Profit (loss) for the period before taxes | 9903 | €5,651 | €4,982 | -€669 | -11.8% |
| Income taxes | 67/77 | €1,413 | €1,245 | -€167 | -11.8% |
| Profit (loss) for the period | 9904 | €4,238 | €3,736 | -€502 | -11.8% |
| Profit (loss) for the period to be appropriated | 9905 | €4,238 | €3,736 | -€502 | -11.8% |
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 3 November 2026 via checked.be.