ADDILUB: 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
ADDILUB
NACE 46.810, Wholesale of solid, liquid and gaseous fuels and related products
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€13,636
2024 · €7,304+€6,331
Equity
€479,126
2024 · €465,491+€13,636
Cash
€1,131
2024 · €2,331-€1,201
Balance sheet total
€1.2m
2024 · €1.2m-€12,009
Largest movements
Assets
- Tangible fixed assets -€31,186
down €31,186 (-2.8%), from €1.1m to €1.1m
of which Land and buildings: -€32,272
- Receivables after one year +€16,635
up €16,635 (+321%), from €5,186 to €21,821
Equity and liabilities
- Debts after one year -€31,784
down €31,784 (-5.7%), from €556,460 to €524,676
- Reserves +€13,636
up €13,636 (+4.0%), from €343,220 to €356,856
of which Distributable reserves: +€16,915
Income statement
- Gross operating margin +€10,492
up €10,492 (+15.6%), from €67,079 to €77,571
- Taxes +€5,558
up €5,558 (+751%), from €740 to €6,298
- Depreciation -€1,944
down €1,944 (-5.2%), from €37,582 to €35,638
- Other operating charges +€1,315
up €1,315 (+17.0%), from €7,753 to €9,068
- Financial charges -€778
down €778 (-5.3%), from €14,802 to €14,024
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
€7,304
Gross operating margin
+€10,492
Depreciation
+€1,944
Other operating charges
-€1,315
Financial income
-€7
Financial charges
+€778
Taxes
-€5,558
Deferred taxes and other
-€3
Result 2025
€13,636
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
+€37,315
Investment
-€4,452
Financing
-€34,064
Cash 2024
€2,331
From operations (derived)
+€37,315
Net result for the year
+€13,636
Depreciation
+€35,638
Receivables after one year
-€16,635
Receivables within one year
-€46
Deferred charges and accrued income
-€3,698
Provisions
-€1,093
Trade debts
+€581
Tax, wage and social debts
+€5,960
Other debts
+€2,972
Investment (derived)
-€4,452
Investment in fixed assets (net)
-€4,452
Financing
-€34,064
Debts after one year
-€31,784
Current portion of long-term debt
+€720
Short-term financial debts
-€3,000
Cash 2025
€1,131
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,199,892 | €1,187,883 | -€12,009 | -1.0% |
| Fixed assets | 21/28 | €1,176,378 | €1,145,192 | -€31,186 | -2.7% |
| Tangible fixed assets | 22/27 | €1,116,378 | €1,085,192 | -€31,186 | -2.8% |
| Land and buildings | 22 | €1,111,422 | €1,079,151 | -€32,272 | -2.9% |
| Furniture and vehicles | 24 | €4,956 | €6,041 | +€1,085 | +21.9% |
| Financial fixed assets | 28 | €60,000 | €60,000 | = | 0.0% |
| Current assets | 29/58 | €23,513 | €42,691 | +€19,178 | +81.6% |
| Amounts receivable after more than one year | 29 | €5,186 | €21,821 | +€16,635 | +321% |
| Other amounts receivable | 291 | €5,186 | €21,821 | +€16,635 | +321% |
| Amounts receivable within one year | 40/41 | €15,996 | €16,042 | +€46 | +0.3% |
| Trade receivables | 40 | €15,996 | €15,884 | -€112 | -0.7% |
| Other amounts receivable | 41 | €0 | €158 | +€158 | |
| Cash at bank and in hand | 54/58 | €2,331 | €1,131 | -€1,201 | -51.5% |
| Deferred charges and accrued income | 490/1 | - | €3,698 | +€3,698 | |
| Total equity and liabilities | 10/49 | €1,199,892 | €1,187,883 | -€12,009 | -1.0% |
| Equity | 10/15 | €465,491 | €479,126 | +€13,636 | +2.9% |
| Contributions | 10/11 | €78,600 | €78,600 | = | 0.0% |
| Capital | 10 | €78,600 | €78,600 | = | 0.0% |
| Issued capital | 100 | €78,600 | €78,600 | = | 0.0% |
| Revaluation surpluses | 12 | €43,671 | €43,671 | = | 0.0% |
| Reserves | 13 | €343,220 | €356,856 | +€13,636 | +4.0% |
| Non-distributable reserves | 130/1 | €7,860 | €7,860 | = | 0.0% |
| Legal reserve | 130 | €7,860 | €7,860 | = | 0.0% |
| Tax-exempt reserves | 132 | €115,431 | €112,152 | -€3,279 | -2.8% |
| Distributable reserves | 133 | €219,929 | €236,844 | +€16,915 | +7.7% |
| Provisions and deferred taxes | 16 | €54,474 | €53,381 | -€1,093 | -2.0% |
| Deferred taxes | 168 | €54,474 | €53,381 | -€1,093 | -2.0% |
| Amounts payable | 17/49 | €679,927 | €655,376 | -€24,551 | -3.6% |
| Amounts payable after more than one year | 17 | €556,460 | €524,676 | -€31,784 | -5.7% |
| Financial debts | 170/4 | €556,460 | €524,676 | -€31,784 | -5.7% |
| Amounts payable within one year | 42/48 | €123,467 | €130,700 | +€7,233 | +5.9% |
| Current portion of amounts payable after more than one year | 42 | €31,064 | €31,784 | +€720 | +2.3% |
| Financial debts | 43 | €49,010 | €46,010 | -€3,000 | -6.1% |
| Credit institutions | 430/8 | €49,010 | €46,010 | -€3,000 | -6.1% |
| Trade debts | 44 | €2,594 | €3,175 | +€581 | +22.4% |
| Suppliers | 440/4 | €2,594 | €3,175 | +€581 | +22.4% |
| Taxes, remuneration and social security | 45 | €1,082 | €7,042 | +€5,960 | +551% |
| Taxes | 450/3 | €1,082 | €7,042 | +€5,960 | +551% |
| Other amounts payable | 47/48 | €39,717 | €42,689 | +€2,972 | +7.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €37,582 | €35,638 | -€1,944 | -5.2% |
| Other operating charges | 640/8 | €7,753 | €9,068 | +€1,315 | +17.0% |
| Gross operating margin | 9900 | €67,079 | €77,571 | +€10,492 | +15.6% |
| Operating profit (loss) | 9901 | €21,743 | €32,865 | +€11,121 | +51.1% |
| Financial income | 75/76B | €7 | €0 | -€7 | -100% |
| Recurring financial income | 75 | €7 | €0 | -€7 | -100% |
| Financial charges | 65/66B | €14,802 | €14,024 | -€778 | -5.3% |
| Recurring financial charges | 65 | €14,802 | €14,024 | -€778 | -5.3% |
| Profit (loss) for the period before taxes | 9903 | €6,949 | €18,841 | +€11,892 | +171% |
| Transfer from deferred taxes | 780 | €1,096 | €1,093 | -€3 | -0.2% |
| Income taxes | 67/77 | €740 | €6,298 | +€5,558 | +751% |
| Profit (loss) for the period | 9904 | €7,304 | €13,636 | +€6,331 | +86.7% |
| Transfer from tax-exempt reserves | 789 | €3,287 | €3,279 | -€8 | -0.2% |
| Profit (loss) for the period to be appropriated | 9905 | €10,591 | €16,915 | +€6,323 | +59.7% |
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 22 October 2026 via checked.be.