Tankterminal: 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
Tankterminal
NACE 47.300, Retail sale of automotive fuel
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€2.3m
2024 · €2.6m-€362,061
Equity
€10.3m
2024 · €10.5m-€218,012
Cash
€2.3m
2024 · €2.8m-€508,167
Balance sheet total
€17.1m
2024 · €18.0m-€850,613
Largest movements
Assets
- Cash -€508,167
down €508,167 (-18.1%), from €2.8m to €2.3m
mainly Contributions, distributions and other (-€2.5m) and Deferred charges and accrued income (-€450,176)
- Deferred charges and accrued income +€450,176
up €450,176 (+186%), from €241,821 to €691,997
- Receivables within one year -€433,096
down €433,096 (-5.1%), from €8.5m to €8.1m
of which Trade receivables: -€2.3m
- Tangible fixed assets -€352,751
down €352,751 (-6.2%), from €5.7m to €5.3m
of which Plant, machinery and equipment: -€378,206
Equity and liabilities
- Trade debts -€314,664
down €314,664 (-6.9%), from €4.6m to €4.3m
- Other debts -€300,000
down €300,000 (-10.7%), from €2.8m to €2.5m
- Profit (loss) carried forward -€218,012
down €218,012 (-2.3%), from €9.3m to €9.1m
Income statement
- Goods and materials -€17.3m
down €17.3m (-23.7%), from €73.0m to €55.7m
of which Purchases: -€17.5m
- Turnover -€17.2m
down €17.2m (-21.1%), from €81.5m to €64.3m
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
€2.6m
Turnover
-€17.2m
Other operating income
+€7,388
Goods and materials
+€17.3m
Services and other goods
-€521,126
Staff costs
+€25,343
Depreciation
-€241,713
Write-downs
+€1,036
Other operating charges
+€3,463
Other operating items
-€2,910
Financial income
+€16,763
Financial charges
+€79,817
Taxes
+€150,626
Result 2025
€2.3m
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
+€2.3m
Investment
-€292,763
Financing
-€2.5m
Cash 2024
€2.8m
From operations (derived)
+€2.3m
Net result for the year
+€2.3m
Depreciation
+€647,712
Stocks and contracts
+€4,577
Receivables within one year
+€433,096
Deferred charges and accrued income
-€450,176
Trade debts
-€314,664
Tax, wage and social debts
-€17,937
Other debts
-€300,000
Investment (derived)
-€292,763
Investment in fixed assets (net)
-€292,763
Financing
-€2.5m
Contributions, distributions and other
-€2.5m
Cash 2025
€2.3m
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €17,978,640 | €17,128,027 | -€850,613 | -4.7% |
| Fixed assets | 21/28 | €5,835,049 | €5,480,100 | -€354,949 | -6.1% |
| Intangible fixed assets | 21 | €98,966 | €96,767 | -€2,199 | -2.2% |
| Tangible fixed assets | 22/27 | €5,701,586 | €5,348,836 | -€352,751 | -6.2% |
| Land and buildings | 22 | €2,569,175 | €2,551,640 | -€17,536 | -0.7% |
| Plant, machinery and equipment | 23 | €3,069,829 | €2,691,623 | -€378,206 | -12.3% |
| Furniture and vehicles | 24 | €62,582 | €105,573 | +€42,991 | +68.7% |
| Financial fixed assets | 28 | €34,497 | €34,497 | = | 0.0% |
| Other financial fixed assets | 284/8 | €34,497 | €34,497 | = | 0.0% |
| Shares | 284 | €34,457 | €34,457 | = | 0.0% |
| Amounts receivable and cash guarantees | 285/8 | €40 | €40 | = | 0.0% |
| Current assets | 29/58 | €12,143,590 | €11,647,927 | -€495,664 | -4.1% |
| Stocks and contracts in progress | 3 | €559,011 | €554,434 | -€4,577 | -0.8% |
| Stocks | 30/36 | €559,011 | €554,434 | -€4,577 | -0.8% |
| Goods purchased for resale | 34 | €559,011 | €554,434 | -€4,577 | -0.8% |
| Amounts receivable within one year | 40/41 | €8,528,773 | €8,095,677 | -€433,096 | -5.1% |
| Trade receivables | 40 | €8,198,197 | €5,931,558 | -€2.3m | -27.6% |
| Other amounts receivable | 41 | €330,576 | €2,164,118 | +€1.8m | +555% |
| Cash at bank and in hand | 54/58 | €2,813,985 | €2,305,819 | -€508,167 | -18.1% |
| Deferred charges and accrued income | 490/1 | €241,821 | €691,997 | +€450,176 | +186% |
| Total equity and liabilities | 10/49 | €17,978,640 | €17,128,027 | -€850,613 | -4.7% |
| Equity | 10/15 | €10,487,081 | €10,269,068 | -€218,012 | -2.1% |
| Contributions | 10/11 | €1,065,942 | €1,065,942 | = | 0.0% |
| Capital | 10 | €1,065,942 | €1,065,942 | = | 0.0% |
| Issued capital | 100 | €1,065,942 | €1,065,942 | = | 0.0% |
| Reserves | 13 | €126,426 | €126,426 | = | 0.0% |
| Non-distributable reserves | 130/1 | €106,594 | €106,594 | = | 0.0% |
| Legal reserve | 130 | €106,594 | €106,594 | = | 0.0% |
| Tax-exempt reserves | 132 | €19,831 | €19,831 | = | 0.0% |
| Profit (loss) carried forward | 14 | €9,294,713 | €9,076,700 | -€218,012 | -2.3% |
| Amounts payable | 17/49 | €7,491,559 | €6,858,958 | -€632,601 | -8.4% |
| Amounts payable within one year | 42/48 | €7,491,559 | €6,858,958 | -€632,601 | -8.4% |
| Trade debts | 44 | €4,589,629 | €4,274,965 | -€314,664 | -6.9% |
| Suppliers | 440/4 | €4,589,629 | €4,274,965 | -€314,664 | -6.9% |
| Taxes, remuneration and social security | 45 | €101,930 | €83,993 | -€17,937 | -17.6% |
| Taxes | 450/3 | €20,459 | - | -€20,459 | |
| Remuneration and social security | 454/9 | €81,471 | €83,993 | +€2,522 | +3.1% |
| Other amounts payable | 47/48 | €2,800,000 | €2,500,000 | -€300,000 | -10.7% |
| Operating income | 70/76A | €81,650,094 | €64,399,389 | -€17.3m | -21.1% |
| Turnover | 70 | €81,508,262 | €64,327,578 | -€17.2m | -21.1% |
| Other operating income | 74 | €64,422 | €71,810 | +€7,388 | +11.5% |
| Non-recurring operating income | 76A | €77,410 | - | -€77,410 | |
| Operating charges | 60/66A | €77,961,946 | €61,320,506 | -€16.6m | -21.3% |
| Goods for resale, raw materials and consumables | 60 | €72,997,363 | €55,697,426 | -€17.3m | -23.7% |
| Purchases | 600/8 | €73,200,780 | €55,692,849 | -€17.5m | -23.9% |
| Change in stocks: decrease (increase) | 609 | -€203,416 | €4,577 | +€207,993 | |
| Services and other goods | 61 | €3,489,084 | €4,010,211 | +€521,126 | +14.9% |
| Remuneration, social security and pensions | 62 | €851,758 | €826,415 | -€25,343 | -3.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €405,999 | €647,712 | +€241,713 | +59.5% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €1,036 | - | -€1,036 | |
| Other operating charges | 640/8 | €141,705 | €138,242 | -€3,463 | -2.4% |
| Non-recurring operating charges | 66A | €75,000 | €500 | -€74,500 | -99.3% |
| Operating profit (loss) | 9901 | €3,688,149 | €3,078,883 | -€609,266 | -16.5% |
| Financial income | 75/76B | €7,276 | €24,039 | +€16,763 | +230% |
| Recurring financial income | 75 | €7,276 | €24,039 | +€16,763 | +230% |
| Income from current assets | 751 | €761 | €23,850 | +€23,089 | +3,032% |
| Other financial income | 752/9 | €6,515 | €189 | -€6,326 | -97.1% |
| Financial charges | 65/66B | €124,422 | €44,605 | -€79,817 | -64.2% |
| Recurring financial charges | 65 | €124,422 | €44,605 | -€79,817 | -64.2% |
| Debt charges | 650 | €113,335 | €34,431 | -€78,903 | -69.6% |
| Other financial charges | 652/9 | €11,088 | €10,174 | -€914 | -8.2% |
| Profit (loss) for the period before taxes | 9903 | €3,571,003 | €3,058,316 | -€512,687 | -14.4% |
| Income taxes | 67/77 | €926,954 | €776,329 | -€150,626 | -16.2% |
| Taxes | 670/3 | €926,954 | €776,329 | -€150,626 | -16.2% |
| Profit (loss) for the period | 9904 | €2,644,048 | €2,281,988 | -€362,061 | -13.7% |
| Profit (loss) for the period to be appropriated | 9905 | €2,644,048 | €2,281,988 | -€362,061 | -13.7% |
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 30 October 2026 via checked.be.