THEOCAR-FUEL: 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.
THEOCAR-FUEL
Largest movements
No asset line moved by more than 1% of the balance sheet total.
- Other debts +€3,879
up €3,879 (+19.4%), from €19,969 to €23,848
- Profit (loss) carried forward -€2,752
down €2,752 (-5.1%), from -€53,649 to -€56,401
- Trade debts -€1,127
down €1,127 (-9.7%), from €11,680 to €10,553
- Gross operating margin -€15,386
down €15,386, from €12,634 to -€2,752
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.
Cash bridge derived
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Equity | 10/15 | -€31,649 | -€34,401 | -€2,752 | -8.7% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Capital | 10 | €20,000 | €20,000 | = | 0.0% |
| Issued capital | 100 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €2,000 | €2,000 | = | 0.0% |
| Non-distributable reserves | 130/1 | €2,000 | €2,000 | = | 0.0% |
| Legal reserve | 130 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€53,649 | -€56,401 | -€2,752 | -5.1% |
| Amounts payable | 17/49 | €31,649 | €34,401 | +€2,752 | +8.7% |
| Amounts payable within one year | 42/48 | €31,649 | €34,401 | +€2,752 | +8.7% |
| Trade debts | 44 | €11,680 | €10,553 | -€1,127 | -9.7% |
| Suppliers | 440/4 | €11,680 | €10,553 | -€1,127 | -9.7% |
| Other amounts payable | 47/48 | €19,969 | €23,848 | +€3,879 | +19.4% |
| Non-recurring operating income | 76A | €46 | - | -€46 | |
| Gross operating margin | 9900 | €12,634 | -€2,752 | -€15,386 | |
| Operating profit (loss) | 9901 | €12,634 | -€2,752 | -€15,386 | |
| Profit (loss) for the period before taxes | 9903 | €12,634 | -€2,752 | -€15,386 | |
| Profit (loss) for the period | 9904 | €12,634 | -€2,752 | -€15,386 | |
| Profit (loss) for the period to be appropriated | 9905 | €12,634 | -€2,752 | -€15,386 |
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 12 October 2026 via checked.be.