Lotas Fuel: what changed
What changed
Lotas Fuel
NACE 47.781, Retail sale of solid, liquid and gaseous fuels, excluding motor fuels
filed annual accounts (NBB)
Net result for the year
€45,620
2024 · €227,421-€181,801
Equity
€1.4m
2024 · €1.4m+€45,620
Cash
€73,437
2024 · €50,654+€22,784
Balance sheet total
€5.0m
2024 · €4.5m+€477,697
Largest movements
Assets
- Receivables within one year +€437,977
up €437,977 (+12.5%), from €3.5m to €4.0m
of which Trade receivables: +€372,164
- Current investments +€62,120
up €62,120 (+32.6%), from €190,791 to €252,911
Equity and liabilities
- Trade debts +€482,695
up €482,695 (+16.9%), from €2.9m to €3.3m
- Advances received -€85,450
down €85,450 (-76.0%), from €112,423 to €26,973
- Other debts +€85,038
up €85,038 (+128%), from €66,514 to €151,552
Income statement
- Gross operating margin -€158,577
down €158,577 (-40.9%), from €387,635 to €229,058
- Financial charges +€92,059
up €92,059 (+627%), from €14,673 to €106,732
- Taxes -€54,983
down €54,983 (-61.0%), from €90,079 to €35,096
- Financial income +€10,366
up €10,366 (+293%), from €3,540 to €13,907
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.
Result 2024
€227,421
Gross operating margin
-€158,577
Depreciation
+€3,149
Write-downs
+€300
Other operating charges
+€38
Financial income
+€10,366
Financial charges
-€92,059
Taxes
+€54,983
Result 2025
€45,620
raises the resultlowers the result
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.
From operations
+€124,903
Investment
-€62,120
Financing
-€40,000
Cash 2024
€50,654
From operations (derived)
+€124,903
Net result for the year
+€45,620
Depreciation
+€49,202
Stocks and contracts
+€14,617
Receivables within one year
-€437,977
Deferred charges and accrued income
-€18,635
Trade debts
+€482,695
Tax, wage and social debts
+€375
Advances received
-€85,450
Other debts
+€85,038
Accrued charges and deferred income
-€10,582
Investment (derived)
-€62,120
Current investments
-€62,120
Financing
-€40,000
Debts after one year
-€20,000
Current portion of long-term debt
-€20,000
Cash 2025
€73,437
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €4,490,969 | €4,968,665 | +€477,697 | +10.6% |
| Fixed assets | 21/28 | €455,085 | €405,883 | -€49,202 | -10.8% |
| Tangible fixed assets | 22/27 | €455,085 | €405,883 | -€49,202 | -10.8% |
| Land and buildings | 22 | €373,954 | €350,784 | -€23,169 | -6.2% |
| Plant, machinery and equipment | 23 | €3,405 | €1,367 | -€2,038 | -59.9% |
| Furniture and vehicles | 24 | €77,727 | €53,732 | -€23,995 | -30.9% |
| Current assets | 29/58 | €4,035,884 | €4,562,782 | +€526,898 | +13.1% |
| Stocks and contracts in progress | 3 | €263,436 | €248,819 | -€14,617 | -5.5% |
| Stocks | 30/36 | €263,436 | €248,819 | -€14,617 | -5.5% |
| Amounts receivable within one year | 40/41 | €3,513,869 | €3,951,846 | +€437,977 | +12.5% |
| Trade receivables | 40 | €3,384,469 | €3,756,633 | +€372,164 | +11.0% |
| Other amounts receivable | 41 | €129,400 | €195,213 | +€65,813 | +50.9% |
| Current investments | 50/53 | €190,791 | €252,911 | +€62,120 | +32.6% |
| Cash at bank and in hand | 54/58 | €50,654 | €73,437 | +€22,784 | +45.0% |
| Deferred charges and accrued income | 490/1 | €17,133 | €35,768 | +€18,635 | +109% |
| Total equity and liabilities | 10/49 | €4,490,969 | €4,968,665 | +€477,697 | +10.6% |
| Equity | 10/15 | €1,368,084 | €1,413,704 | +€45,620 | +3.3% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,349,484 | €1,395,104 | +€45,620 | +3.4% |
| Tax-exempt reserves | 132 | €526,250 | €399,950 | -€126,300 | -24.0% |
| Distributable reserves | 133 | €823,234 | €995,154 | +€171,920 | +20.9% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €3,122,885 | €3,554,961 | +€432,076 | +13.8% |
| Amounts payable after more than one year | 17 | €20,000 | €0 | -€20,000 | -100% |
| Other amounts payable | 178/9 | €20,000 | €0 | -€20,000 | -100% |
| Amounts payable within one year | 42/48 | €3,089,365 | €3,552,024 | +€462,658 | +15.0% |
| Current portion of amounts payable after more than one year | 42 | €40,000 | €20,000 | -€20,000 | -50.0% |
| Trade debts | 44 | €2,860,477 | €3,343,172 | +€482,695 | +16.9% |
| Suppliers | 440/4 | €2,860,477 | €3,343,172 | +€482,695 | +16.9% |
| Advances received on contracts in progress | 46 | €112,423 | €26,973 | -€85,450 | -76.0% |
| Taxes, remuneration and social security | 45 | €9,952 | €10,327 | +€375 | +3.8% |
| Taxes | 450/3 | €5,668 | €6,043 | +€375 | +6.6% |
| Remuneration and social security | 454/9 | €4,284 | €4,284 | = | 0.0% |
| Other amounts payable | 47/48 | €66,514 | €151,552 | +€85,038 | +128% |
| Accrued charges and deferred income | 492/3 | €13,519 | €2,937 | -€10,582 | -78.3% |
| Non-recurring operating income | 76A | - | €1,245 | +€1,245 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €52,351 | €49,202 | -€3,149 | -6.0% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €281 | -€18 | -€300 | |
| Other operating charges | 640/8 | €6,370 | €6,333 | -€38 | -0.6% |
| Gross operating margin | 9900 | €387,635 | €229,058 | -€158,577 | -40.9% |
| Operating profit (loss) | 9901 | €328,632 | €173,542 | -€155,091 | -47.2% |
| Financial income | 75/76B | €3,540 | €13,907 | +€10,366 | +293% |
| Recurring financial income | 75 | €3,540 | €13,907 | +€10,366 | +293% |
| Financial charges | 65/66B | €14,673 | €106,732 | +€92,059 | +627% |
| Recurring financial charges | 65 | €14,673 | €106,732 | +€92,059 | +627% |
| Profit (loss) for the period before taxes | 9903 | €317,500 | €80,716 | -€236,783 | -74.6% |
| Income taxes | 67/77 | €90,079 | €35,096 | -€54,983 | -61.0% |
| Profit (loss) for the period | 9904 | €227,421 | €45,620 | -€181,801 | -79.9% |
| Transfer from tax-exempt reserves | 789 | €42,100 | €210,500 | +€168,400 | +400% |
| Transfer to tax-exempt reserves | 689 | €105,250 | €84,200 | -€21,050 | -20.0% |
| Profit (loss) for the period to be appropriated | 9905 | €164,271 | €171,920 | +€7,649 | +4.7% |
Next steps
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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.