2CV: what changed
Two fiscal 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.
2CV
Largest movements
- Stocks and contracts -€208,124
down €208,124 (-100.0%), from €208,124 to €0
- Receivables within one year -€93,059
down €93,059 (-49.4%), from €188,497 to €95,438
of which Other amounts receivable: -€99,393
- Financial fixed assets +€18,600
new in 2025: €18,600
- Tangible fixed assets -€9,560
down €9,560 (-49.4%), from €19,371 to €9,811
of which Furniture and vehicles: -€8,825
- Cash +€6,905
up €6,905 (+16.8%), from €41,213 to €48,118
mainly Stocks and contracts (+€208,124) and Receivables within one year (+€93,059)
- Reserves -€216,144
down €216,144 (-74.9%), from €288,411 to €72,268
- Short-term financial debts -€140,625
down €140,625 (-100.0%), from €140,625 to €0
- Other debts +€68,721
up €68,721 (+351.3%), from €19,564 to €88,285
- Other operating charges -€73,335
down €73,335 (-90.6%), from €80,988 to €7,653
- Gross operating margin -€66,143
down €66,143 (-40.7%), from €162,429 to €96,286
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
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €461,297 | €176,936 | -€284,361 | -61.6% |
| Fixed assets | 21/28 | €19,371 | €28,411 | +€9,040 | +46.7% |
| Tangible fixed assets | 22/27 | €19,371 | €9,811 | -€9,560 | -49.4% |
| Furniture and vehicles | 24 | €12,849 | €4,024 | -€8,825 | -68.7% |
| Other tangible fixed assets | 26 | €6,522 | €5,787 | -€735 | -11.3% |
| Financial fixed assets | 28 | - | €18,600 | +€18,600 | |
| Current assets | 29/58 | €441,926 | €148,525 | -€293,401 | -66.4% |
| Stocks and contracts in progress | 3 | €208,124 | €0 | -€208,124 | -100.0% |
| Stocks | 30/36 | €208,124 | €0 | -€208,124 | -100.0% |
| Amounts receivable within one year | 40/41 | €188,497 | €95,438 | -€93,059 | -49.4% |
| Trade receivables | 40 | €604 | €6,937 | +€6,334 | +1049.5% |
| Other amounts receivable | 41 | €187,894 | €88,501 | -€99,393 | -52.9% |
| Cash at bank and in hand | 54/58 | €41,213 | €48,118 | +€6,905 | +16.8% |
| Deferred charges and accrued income | 490/1 | €4,091 | €4,968 | +€877 | +21.4% |
| Total equity and liabilities | 10/49 | €461,297 | €176,936 | -€284,361 | -61.6% |
| Equity | 10/15 | €288,511 | €72,368 | -€216,144 | -74.9% |
| Contributions | 10/11 | €100 | €100 | = | 0.0% |
| Reserves | 13 | €288,411 | €72,268 | -€216,144 | -74.9% |
| Distributable reserves | 133 | €288,411 | €72,268 | -€216,144 | -74.9% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €172,786 | €104,568 | -€68,218 | -39.5% |
| Amounts payable within one year | 42/48 | €172,754 | €104,568 | -€68,186 | -39.5% |
| Financial debts | 43 | €140,625 | €0 | -€140,625 | -100.0% |
| Credit institutions | 430/8 | €140,625 | €0 | -€140,625 | -100.0% |
| Trade debts | 44 | €941 | €486 | -€455 | -48.4% |
| Suppliers | 440/4 | €941 | €486 | -€455 | -48.4% |
| Taxes, remuneration and social security | 45 | €11,624 | €15,797 | +€4,173 | +35.9% |
| Taxes | 450/3 | €9,324 | €13,457 | +€4,133 | +44.3% |
| Remuneration and social security | 454/9 | €2,300 | €2,340 | +€40 | +1.7% |
| Other amounts payable | 47/48 | €19,564 | €88,285 | +€68,721 | +351.3% |
| Accrued charges and deferred income | 492/3 | €31 | €0 | -€31 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,938 | €9,560 | -€378 | -3.8% |
| Other operating charges | 640/8 | €80,988 | €7,653 | -€73,335 | -90.6% |
| Gross operating margin | 9900 | €162,429 | €96,286 | -€66,143 | -40.7% |
| Operating profit (loss) | 9901 | €71,503 | €79,074 | +€7,571 | +10.6% |
| Financial income | 75/76B | - | €1 | +€1 | |
| Recurring financial income | 75 | - | €1 | +€1 | |
| Financial charges | 65/66B | €5,471 | €6,288 | +€818 | +14.9% |
| Recurring financial charges | 65 | €5,471 | €6,288 | +€818 | +14.9% |
| Profit (loss) for the period before taxes | 9903 | €66,033 | €72,786 | +€6,753 | +10.2% |
| Income taxes | 67/77 | €13,671 | €14,930 | +€1,259 | +9.2% |
| Profit (loss) for the period | 9904 | €52,362 | €57,856 | +€5,494 | +10.5% |
| Profit (loss) for the period to be appropriated | 9905 | €52,362 | €57,856 | +€5,494 | +10.5% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.