Make Oil Fields Redundant 1: what changed
Make Oil Fields Redundant 1
Largest movements
- Tangible fixed assets -€23,630
down €23,630 (-46.6%), from €50,693 to €27,064
- Intangible fixed assets -€4,757
down €4,757 (-41.1%), from €11,560 to €6,803
- Cash -€2,879
down €2,879 (-78.2%), from €3,682 to €802
mainly Accrued charges and deferred income (-€15,020) and Net result for the year (-€9,335)
- Accrued charges and deferred income -€15,020
down €15,020 (-42.9%), from €35,036 to €20,016
- Profit (loss) carried forward -€9,335
down €9,335 (-8.8%), from -€105,701 to -€115,036
- Investment grants -€7,664
down €7,664 (-49.0%), from €15,633 to €7,969
- Other debts +€3,221
up €3,221 (+6.7%), from €47,805 to €51,026
- Provisions -€2,555
down €2,555 (-49.0%), from €5,211 to €2,656
- Gross operating margin -€1,119
down €1,119 (-7.8%), from €14,386 to €13,267
- Financial charges +€638
up €638 (+19.5%), from €3,268 to €3,906
- Depreciation -€352
down €352 (-1.2%), from €28,739 to €28,387
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 | €67,465 | €36,178 | -€31,288 | -46.4% |
| Fixed assets | 21/28 | €62,254 | €33,867 | -€28,387 | -45.6% |
| Intangible fixed assets | 21 | €11,560 | €6,803 | -€4,757 | -41.1% |
| Tangible fixed assets | 22/27 | €50,693 | €27,064 | -€23,630 | -46.6% |
| Plant, machinery and equipment | 23 | €50,693 | €27,064 | -€23,630 | -46.6% |
| Current assets | 29/58 | €5,212 | €2,311 | -€2,901 | -55.7% |
| Amounts receivable within one year | 40/41 | €1,389 | €1,364 | -€25 | -1.8% |
| Trade receivables | 40 | €1,209 | €1,090 | -€119 | -9.9% |
| Other amounts receivable | 41 | €180 | €274 | +€94 | +52.4% |
| Cash at bank and in hand | 54/58 | €3,682 | €802 | -€2,879 | -78.2% |
| Deferred charges and accrued income | 490/1 | €141 | €144 | +€4 | +2.6% |
| Total equity and liabilities | 10/49 | €67,465 | €36,178 | -€31,288 | -46.4% |
| Equity | 10/15 | -€21,552 | -€38,551 | -€16,999 | -78.9% |
| Contributions | 10/11 | €68,516 | €68,516 | = | 0.0% |
| Capital | 10 | €68,516 | €68,516 | = | 0.0% |
| Issued capital | 100 | €68,516 | €68,516 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€105,701 | -€115,036 | -€9,335 | -8.8% |
| Investment grants | 15 | €15,633 | €7,969 | -€7,664 | -49.0% |
| Provisions and deferred taxes | 16 | €5,211 | €2,656 | -€2,555 | -49.0% |
| Deferred taxes | 168 | €5,211 | €2,656 | -€2,555 | -49.0% |
| Amounts payable | 17/49 | €83,806 | €72,072 | -€11,734 | -14.0% |
| Amounts payable within one year | 42/48 | €48,771 | €52,056 | +€3,286 | +6.7% |
| Trade debts | 44 | €965 | €1,030 | +€65 | +6.7% |
| Suppliers | 440/4 | €965 | €1,030 | +€65 | +6.7% |
| Other amounts payable | 47/48 | €47,805 | €51,026 | +€3,221 | +6.7% |
| Accrued charges and deferred income | 492/3 | €35,036 | €20,016 | -€15,020 | -42.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €28,739 | €28,387 | -€352 | -1.2% |
| Other operating charges | 640/8 | €516 | €528 | +€12 | +2.3% |
| Gross operating margin | 9900 | €14,386 | €13,267 | -€1,119 | -7.8% |
| Operating profit (loss) | 9901 | -€14,869 | -€15,648 | -€779 | -5.2% |
| Financial income | 75/76B | €7,525 | €7,664 | +€139 | +1.9% |
| Recurring financial income | 75 | €7,525 | €7,664 | +€139 | +1.9% |
| Financial charges | 65/66B | €3,268 | €3,906 | +€638 | +19.5% |
| Recurring financial charges | 65 | €3,268 | €3,906 | +€638 | +19.5% |
| Profit (loss) for the period before taxes | 9903 | -€10,612 | -€11,889 | -€1,277 | -12.0% |
| Transfer from deferred taxes | 780 | €2,508 | €2,555 | +€46 | +1.9% |
| Profit (loss) for the period | 9904 | -€8,104 | -€9,335 | -€1,231 | -15.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€8,104 | -€9,335 | -€1,231 | -15.2% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 2 November 2026 via checked.be.