PANTANK LIQUID STORAGE: 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.
What changed
PANTANK LIQUID STORAGE
NACE 52.100, Warehousing and storage
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€102,479
2024 · €105,807-€3,329
Equity
€509,432
2024 · €406,953+€102,479
Cash
€21,002
2024 · €4,334+€16,668
Balance sheet total
€3.6m
2024 · €3.3m+€241,496
Largest movements
Assets
- Tangible fixed assets +€339,391
up €339,391 (+18.2%), from €1.9m to €2.2m
of which Land and buildings: +€340,080
- Receivables within one year -€115,260
down €115,260 (-8.1%), from €1.4m to €1.3m
of which Other amounts receivable: -€115,260
Equity and liabilities
- Other debts +€229,448
up €229,448 (+13.9%), from €1.7m to €1.9m
- Debts after one year -€115,532
down €115,532 (-11.1%), from €1.0m to €924,276
- Profit (loss) carried forward +€102,479
up €102,479 (+66.4%), from €154,327 to €256,805
- Trade debts +€85,507
up €85,507 (+760%), from €11,248 to €96,756
- Advances received -€70,000
down €70,000 (-100%), from €70,000 to €0
Income statement
- Turnover -€945,750
no longer reported in 2025 (was €945,750)
- Gross operating margin +€626,629
new in 2025: €626,629
- Services and other goods -€276,849
no longer reported in 2025 (was €276,849)
- Depreciation +€84,215
up €84,215 (+26.1%), from €322,047 to €406,262
- Goods and materials -€79,350
no longer reported in 2025 (was €79,350)
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.
Result 2024
€105,807
Turnover
-€945,750
Goods and materials
+€79,350
Services and other goods
+€276,849
Depreciation
-€84,215
Other operating charges
+€3,388
Other operating items
+€626,629
Financial charges
+€22,514
Taxes
+€17,905
Result 2025
€102,479
raises the resultlowers the resultnot broken down further in the accounts
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.
From operations
+€888,921
Investment
-€745,654
Financing
-€126,599
Cash 2024
€4,334
From operations (derived)
+€888,921
Net result for the year
+€102,479
Depreciation
+€406,262
Receivables within one year
+€115,260
Deferred charges and accrued income
-€696
Trade debts
+€85,507
Tax, wage and social debts
+€25,329
Advances received
-€70,000
Other debts
+€229,448
Accrued charges and deferred income
-€4,668
Investment (derived)
-€745,654
Investment in fixed assets (net)
-€745,654
Financing
-€126,599
Debts after one year
-€115,532
Current portion of long-term debt
-€11,067
Cash 2025
€21,002
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €3,326,065 | €3,567,561 | +€241,496 | +7.3% |
| Fixed assets | 21/28 | €1,867,437 | €2,206,828 | +€339,391 | +18.2% |
| Tangible fixed assets | 22/27 | €1,867,437 | €2,206,828 | +€339,391 | +18.2% |
| Land and buildings | 22 | €415,395 | €755,475 | +€340,080 | +81.9% |
| Plant, machinery and equipment | 23 | €1,433,603 | €1,439,222 | +€5,619 | +0.4% |
| Furniture and vehicles | 24 | €18,439 | €12,132 | -€6,307 | -34.2% |
| Current assets | 29/58 | €1,458,629 | €1,360,733 | -€97,896 | -6.7% |
| Stocks and contracts in progress | 3 | €0 | - | = | |
| Amounts receivable within one year | 40/41 | €1,424,260 | €1,309,000 | -€115,260 | -8.1% |
| Trade receivables | 40 | €0 | - | = | |
| Other amounts receivable | 41 | €1,424,260 | €1,309,000 | -€115,260 | -8.1% |
| Cash at bank and in hand | 54/58 | €4,334 | €21,002 | +€16,668 | +385% |
| Deferred charges and accrued income | 490/1 | €30,035 | €30,731 | +€696 | +2.3% |
| Total equity and liabilities | 10/49 | €3,326,065 | €3,567,561 | +€241,496 | +7.3% |
| Equity | 10/15 | €406,953 | €509,432 | +€102,479 | +25.2% |
| Contributions | 10/11 | €189,613 | €189,613 | = | 0.0% |
| Capital | 10 | €189,613 | €189,613 | = | 0.0% |
| Issued capital | 100 | €189,613 | €189,613 | = | 0.0% |
| Reserves | 13 | €63,014 | €63,014 | = | 0.0% |
| Non-distributable reserves | 130/1 | €63,014 | €63,014 | = | 0.0% |
| Legal reserve | 130 | €63,014 | €63,014 | = | 0.0% |
| Profit (loss) carried forward | 14 | €154,327 | €256,805 | +€102,479 | +66.4% |
| Amounts payable | 17/49 | €2,919,112 | €3,058,129 | +€139,017 | +4.8% |
| Amounts payable after more than one year | 17 | €1,039,808 | €924,276 | -€115,532 | -11.1% |
| Financial debts | 170/4 | €1,039,808 | €924,276 | -€115,532 | -11.1% |
| Credit institutions | 173 | €1,039,808 | - | -€1.0m | |
| Amounts payable within one year | 42/48 | €1,865,704 | €2,124,921 | +€259,217 | +13.9% |
| Current portion of amounts payable after more than one year | 42 | €126,599 | €115,532 | -€11,067 | -8.7% |
| Trade debts | 44 | €11,248 | €96,756 | +€85,507 | +760% |
| Suppliers | 440/4 | €11,248 | €96,756 | +€85,507 | +760% |
| Advances received on contracts in progress | 46 | €70,000 | €0 | -€70,000 | -100% |
| Taxes, remuneration and social security | 45 | €7,158 | €32,487 | +€25,329 | +354% |
| Taxes | 450/3 | €7,158 | €32,487 | +€25,329 | +354% |
| Other amounts payable | 47/48 | €1,650,699 | €1,880,147 | +€229,448 | +13.9% |
| Accrued charges and deferred income | 492/3 | €13,599 | €8,932 | -€4,668 | -34.3% |
| Operating income | 70/76A | €945,750 | - | -€945,750 | |
| Turnover | 70 | €945,750 | - | -€945,750 | |
| Other operating income | 74 | €0 | - | = | |
| Operating charges | 60/66A | €739,324 | - | -€739,324 | |
| Goods for resale, raw materials and consumables | 60 | €79,350 | - | -€79,350 | |
| Purchases | 600/8 | €79,350 | - | -€79,350 | |
| Services and other goods | 61 | €276,849 | - | -€276,849 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €322,047 | €406,262 | +€84,215 | +26.1% |
| Other operating charges | 640/8 | €61,077 | €57,689 | -€3,388 | -5.5% |
| Gross operating margin | 9900 | - | €626,629 | +€626,629 | |
| Operating profit (loss) | 9901 | €206,426 | €162,678 | -€43,748 | -21.2% |
| Financial income | 75/76B | €0 | - | = | |
| Recurring financial income | 75 | €0 | - | = | |
| Other financial income | 752/9 | €0 | - | = | |
| Financial charges | 65/66B | €63,461 | €40,947 | -€22,514 | -35.5% |
| Recurring financial charges | 65 | €63,461 | €40,947 | -€22,514 | -35.5% |
| Debt charges | 650 | €62,467 | - | -€62,467 | |
| Other financial charges | 652/9 | €993 | - | -€993 | |
| Profit (loss) for the period before taxes | 9903 | €142,965 | €121,731 | -€21,234 | -14.9% |
| Income taxes | 67/77 | €37,158 | €19,253 | -€17,905 | -48.2% |
| Taxes | 670/3 | €37,158 | - | -€37,158 | |
| Profit (loss) for the period | 9904 | €105,807 | €102,479 | -€3,329 | -3.1% |
| Profit (loss) for the period to be appropriated | 9905 | €105,807 | €102,479 | -€3,329 | -3.1% |
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 30 October 2026 via checked.be.