STATION PIRON: 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
STATION PIRON
NACE 47.300, Retail sale of automotive fuel
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€123,522
2024 · €221,605-€98,083
Equity
€2.4m
2024 · €2.3m+€123,522
Cash
€530,065
2024 · €403,057+€127,008
Balance sheet total
€5.2m
2024 · €5.0m+€154,215
Largest movements
Assets
- Cash +€127,008
up €127,008 (+31.5%), from €403,057 to €530,065
mainly Depreciation (+€340,559) and Debts after one year (+€182,374)
- Receivables within one year +€118,167
up €118,167 (+5.4%), from €2.2m to €2.3m
of which Trade receivables: +€105,226
- Stocks and contracts -€63,672
down €63,672 (-9.1%), from €701,064 to €637,392
- Deferred charges and accrued income -€54,518
down €54,518 (-91.9%), from €59,338 to €4,821
Equity and liabilities
- Debts after one year +€182,374
up €182,374 (+595%), from €30,634 to €213,008
- Other debts -€173,826
down €173,826 (-10.0%), from €1.7m to €1.6m
- Reserves +€127,886
up €127,886 (+5.8%), from €2.2m to €2.3m
of which Distributable reserves: +€160,000
- Provisions -€70,000
no longer reported in 2025 (was €70,000)
- Current portion of long-term debt +€52,091
up €52,091 (+497%), from €10,484 to €62,575
Income statement
- Staff costs +€213,814
up €213,814 (+27.6%), from €774,027 to €987,841
- Provisions -€70,000
new in 2025: -€70,000
- Taxes -€41,900
down €41,900 (-48.1%), from €87,125 to €45,224
- Depreciation +€19,973
up €19,973 (+6.2%), from €320,586 to €340,559
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
€221,605
Gross operating margin
+€6,734
Staff costs
-€213,814
Depreciation
-€19,973
Write-downs
+€11,320
Provisions
+€70,000
Other operating charges
+€8,173
Financial income
-€415
Financial charges
-€2,008
Taxes
+€41,900
Result 2025
€123,522
raises the resultlowers the result
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
+€260,332
Investment
-€367,789
Financing
+€234,465
Cash 2024
€403,057
From operations (derived)
+€260,332
Net result for the year
+€123,522
Depreciation
+€340,559
Stocks and contracts
+€63,672
Receivables within one year
-€118,167
Deferred charges and accrued income
+€54,518
Provisions
-€70,000
Trade debts
+€1,121
Tax, wage and social debts
+€34,927
Other debts
-€173,826
Accrued charges and deferred income
+€4,008
Investment (derived)
-€367,789
Investment in fixed assets (net)
-€367,789
Financing
+€234,465
Debts after one year
+€182,374
Current portion of long-term debt
+€52,091
Cash 2025
€530,065
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €5,025,714 | €5,179,929 | +€154,215 | +3.1% |
| Fixed assets | 21/28 | €1,630,222 | €1,657,451 | +€27,230 | +1.7% |
| Tangible fixed assets | 22/27 | €1,627,402 | €1,654,631 | +€27,230 | +1.7% |
| Land and buildings | 22 | €994,672 | €956,702 | -€37,971 | -3.8% |
| Plant, machinery and equipment | 23 | €191,071 | €144,457 | -€46,614 | -24.4% |
| Furniture and vehicles | 24 | €401,902 | €524,677 | +€122,775 | +30.5% |
| Leasing and similar rights | 25 | €39,756 | €28,796 | -€10,960 | -27.6% |
| Financial fixed assets | 28 | €2,820 | €2,820 | = | 0.0% |
| Current assets | 29/58 | €3,395,492 | €3,522,478 | +€126,986 | +3.7% |
| Stocks and contracts in progress | 3 | €701,064 | €637,392 | -€63,672 | -9.1% |
| Stocks | 30/36 | €701,064 | €637,392 | -€63,672 | -9.1% |
| Amounts receivable within one year | 40/41 | €2,197,070 | €2,315,237 | +€118,167 | +5.4% |
| Trade receivables | 40 | €2,173,967 | €2,279,193 | +€105,226 | +4.8% |
| Other amounts receivable | 41 | €23,103 | €36,044 | +€12,941 | +56.0% |
| Current investments | 50/53 | €34,963 | €34,963 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €403,057 | €530,065 | +€127,008 | +31.5% |
| Deferred charges and accrued income | 490/1 | €59,338 | €4,821 | -€54,518 | -91.9% |
| Total equity and liabilities | 10/49 | €5,025,714 | €5,179,929 | +€154,215 | +3.1% |
| Equity | 10/15 | €2,277,873 | €2,401,395 | +€123,522 | +5.4% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €2,210,810 | €2,338,696 | +€127,886 | +5.8% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Tax-exempt reserves | 132 | €194,610 | €162,496 | -€32,114 | -16.5% |
| Distributable reserves | 133 | €2,010,000 | €2,170,000 | +€160,000 | +8.0% |
| Profit (loss) carried forward | 14 | €5,064 | €700 | -€4,364 | -86.2% |
| Provisions and deferred taxes | 16 | €70,000 | - | -€70,000 | |
| Provisions for liabilities and charges | 160/5 | €70,000 | - | -€70,000 | |
| Environmental obligations | 163 | €70,000 | - | -€70,000 | |
| Amounts payable | 17/49 | €2,677,841 | €2,778,534 | +€100,693 | +3.8% |
| Amounts payable after more than one year | 17 | €30,634 | €213,008 | +€182,374 | +595% |
| Financial debts | 170/4 | €30,634 | €213,008 | +€182,374 | +595% |
| Amounts payable within one year | 42/48 | €2,629,883 | €2,544,194 | -€85,688 | -3.3% |
| Current portion of amounts payable after more than one year | 42 | €10,484 | €62,575 | +€52,091 | +497% |
| Trade debts | 44 | €786,678 | €787,798 | +€1,121 | +0.1% |
| Suppliers | 440/4 | €786,678 | €787,798 | +€1,121 | +0.1% |
| Taxes, remuneration and social security | 45 | €91,822 | €126,748 | +€34,927 | +38.0% |
| Taxes | 450/3 | €17,889 | €19,315 | +€1,426 | +8.0% |
| Remuneration and social security | 454/9 | €73,933 | €107,433 | +€33,500 | +45.3% |
| Other amounts payable | 47/48 | €1,740,899 | €1,567,072 | -€173,826 | -10.0% |
| Accrued charges and deferred income | 492/3 | €17,325 | €21,332 | +€4,008 | +23.1% |
| Remuneration, social security and pensions | 62 | €774,027 | €987,841 | +€213,814 | +27.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €320,586 | €340,559 | +€19,973 | +6.2% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €4,430 | -€6,890 | -€11,320 | |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | - | -€70,000 | -€70,000 | |
| Other operating charges | 640/8 | €105,895 | €97,722 | -€8,173 | -7.7% |
| Gross operating margin | 9900 | €1,526,027 | €1,532,760 | +€6,734 | +0.4% |
| Operating profit (loss) | 9901 | €321,088 | €183,528 | -€137,560 | -42.8% |
| Financial income | 75/76B | €4,910 | €4,495 | -€415 | -8.5% |
| Recurring financial income | 75 | €4,910 | €4,495 | -€415 | -8.5% |
| Financial charges | 65/66B | €17,268 | €19,277 | +€2,008 | +11.6% |
| Recurring financial charges | 65 | €17,268 | €19,277 | +€2,008 | +11.6% |
| Profit (loss) for the period before taxes | 9903 | €308,730 | €168,747 | -€139,983 | -45.3% |
| Income taxes | 67/77 | €87,125 | €45,224 | -€41,900 | -48.1% |
| Profit (loss) for the period | 9904 | €221,605 | €123,522 | -€98,083 | -44.3% |
| Transfer from tax-exempt reserves | 789 | €32,114 | €32,114 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €253,719 | €155,636 | -€98,083 | -38.7% |
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 29 October 2026 via checked.be.