AE MOTORS: what changed
AE MOTORS
Largest movements
- Receivables within one year +€140,395
up €140,395 (+1,154%), from €12,162 to €152,557
- Stocks and contracts +€109,106
up €109,106 (+92.3%), from €118,253 to €227,359
- Cash -€56,870
down €56,870 (-69.5%), from €81,769 to €24,899
mainly Receivables within one year (-€140,395) and Stocks and contracts (-€109,106)
- Trade debts +€130,738
up €130,738 (+848%), from €15,410 to €146,148
- Advances received +€59,690
up €59,690 (+114%), from €52,390 to €112,080
- Profit (loss) carried forward +€22,179
up €22,179 (+111%), from €19,951 to €42,130
- Other debts -€12,952
down €12,952 (-15.2%), from €85,205 to €72,253
- Tax, wage and social debts -€7,231
down €7,231 (-29.0%), from €24,946 to €17,714
of which Remuneration and social security: -€12,000
- Gross operating margin +€9,413
up €9,413 (+51.5%), from €18,275 to €27,688
- Taxes +€2,233
up €2,233 (+196%), from €1,142 to €3,375
Change in the result, 2023 to 2024
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2023 and 2024 balance sheets and the 2024 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €212,901 | €405,326 | +€192,425 | +90.4% |
| Formation expenses | 20 | €619 | €413 | -€206 | -33.3% |
| Fixed assets | 21/28 | €98 | €98 | = | 0.0% |
| Financial fixed assets | 28 | €98 | €98 | = | 0.0% |
| Current assets | 29/58 | €212,184 | €404,815 | +€192,631 | +90.8% |
| Stocks and contracts in progress | 3 | €118,253 | €227,359 | +€109,106 | +92.3% |
| Stocks | 30/36 | €118,253 | €227,359 | +€109,106 | +92.3% |
| Amounts receivable within one year | 40/41 | €12,162 | €152,557 | +€140,395 | +1,154% |
| Trade receivables | 40 | €12,162 | €152,557 | +€140,395 | +1,154% |
| Cash at bank and in hand | 54/58 | €81,769 | €24,899 | -€56,870 | -69.5% |
| Total equity and liabilities | 10/49 | €212,901 | €405,326 | +€192,425 | +90.4% |
| Equity | 10/15 | €34,951 | €57,130 | +€22,179 | +63.5% |
| Contributions | 10/11 | €15,000 | €15,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €19,951 | €42,130 | +€22,179 | +111% |
| Amounts payable | 17/49 | €177,950 | €348,196 | +€170,245 | +95.7% |
| Amounts payable within one year | 42/48 | €177,950 | €348,196 | +€170,245 | +95.7% |
| Trade debts | 44 | €15,410 | €146,148 | +€130,738 | +848% |
| Suppliers | 440/4 | €15,410 | €146,148 | +€130,738 | +848% |
| Advances received on contracts in progress | 46 | €52,390 | €112,080 | +€59,690 | +114% |
| Taxes, remuneration and social security | 45 | €24,946 | €17,714 | -€7,231 | -29.0% |
| Taxes | 450/3 | €946 | €5,714 | +€4,769 | +504% |
| Remuneration and social security | 454/9 | €24,000 | €12,000 | -€12,000 | -50.0% |
| Other amounts payable | 47/48 | €85,205 | €72,253 | -€12,952 | -15.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €206 | €206 | = | 0.0% |
| Other operating charges | 640/8 | €1,599 | €1,560 | -€39 | -2.4% |
| Gross operating margin | 9900 | €18,275 | €27,688 | +€9,413 | +51.5% |
| Operating profit (loss) | 9901 | €16,470 | €25,921 | +€9,451 | +57.4% |
| Financial charges | 65/66B | €109 | €367 | +€258 | +236% |
| Recurring financial charges | 65 | €109 | €367 | +€258 | +236% |
| Profit (loss) for the period before taxes | 9903 | €16,361 | €25,554 | +€9,194 | +56.2% |
| Income taxes | 67/77 | €1,142 | €3,375 | +€2,233 | +196% |
| Profit (loss) for the period | 9904 | €15,219 | €22,179 | +€6,961 | +45.7% |
| Profit (loss) for the period to be appropriated | 9905 | €15,219 | €22,179 | +€6,961 | +45.7% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Green is a favourable move for that line, red an unfavourable one. Prepared on 8 November 2026 via checked.be.