AECARS: 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
AECARS
NACE 46.711, Wholesale of cars and light vans (up to 3.5 tonnes)
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€172,991
2024 · €78,439+€94,551
Equity
€8.5m
2024 · €8.3m+€172,991
Cash
€365,247
2024 · €189,121+€176,125
Balance sheet total
€15.8m
2024 · €16.2m-€437,126
Largest movements
Assets
- Stocks and contracts -€478,579
down €478,579 (-3.5%), from €13.6m to €13.1m
- Cash +€176,125
up €176,125 (+93.1%), from €189,121 to €365,247
mainly Stocks and contracts (+€478,579) and Depreciation (+€178,972)
Equity and liabilities
- Profit (loss) carried forward +€274,031
up €274,031 (+4.7%), from €5.9m to €6.1m
- Debts after one year -€170,166
down €170,166 (-30.4%), from €560,005 to €389,839
Income statement
- Turnover +€2.2m
up €2.2m (+17.2%), from €12.9m to €15.1m
- Goods and materials +€2.1m
up €2.1m (+19.4%), from €11.0m to €13.2m
of which Purchases: +€1.9m
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
€78,439
Turnover
+€2.2m
Other operating income
+€9,124
Goods and materials
-€2.1m
Services and other goods
-€64,300
Staff costs
-€61,446
Depreciation
+€21,251
Write-downs
+€12,000
Provisions
+€5,797
Other operating charges
+€55,762
Financial income
+€3,518
Financial charges
+€77,299
Taxes
-€31,719
Result 2025
€172,991
raises the resultlowers the result
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
+€483,413
Investment
-€51,784
Financing
-€255,504
Cash 2024
€189,121
From operations (derived)
+€483,413
Net result for the year
+€172,991
Depreciation
+€178,972
Stocks and contracts
+€478,579
Receivables within one year
+€55,346
Deferred charges and accrued income
-€47,862
Provisions
-€8,452
Trade debts
-€133,497
Tax, wage and social debts
-€150,640
Advances received
+€41,322
Other debts
-€68,418
Accrued charges and deferred income
-€34,929
Investment (derived)
-€51,784
Investment in fixed assets (net)
-€51,784
Financing
-€255,504
Debts after one year
-€170,166
Current portion of long-term debt
-€85,338
Cash 2025
€365,247
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €16,223,787 | €15,786,660 | -€437,126 | -2.7% |
| Fixed assets | 21/28 | €1,507,035 | €1,379,847 | -€127,188 | -8.4% |
| Intangible fixed assets | 21 | - | €4,899 | +€4,899 | |
| Tangible fixed assets | 22/27 | €1,493,285 | €1,361,198 | -€132,087 | -8.8% |
| Land and buildings | 22 | €1,413,449 | €1,307,812 | -€105,637 | -7.5% |
| Plant, machinery and equipment | 23 | €33,488 | €40,435 | +€6,948 | +20.7% |
| Furniture and vehicles | 24 | €46,349 | €12,951 | -€33,398 | -72.1% |
| Financial fixed assets | 28 | €13,750 | €13,750 | = | 0.0% |
| Other financial fixed assets | 284/8 | €13,750 | €13,750 | = | 0.0% |
| Amounts receivable and cash guarantees | 285/8 | €13,750 | €13,750 | = | 0.0% |
| Current assets | 29/58 | €14,716,752 | €14,406,813 | -€309,938 | -2.1% |
| Stocks and contracts in progress | 3 | €13,575,373 | €13,096,795 | -€478,579 | -3.5% |
| Stocks | 30/36 | €13,575,373 | €13,096,795 | -€478,579 | -3.5% |
| Goods purchased for resale | 34 | €13,575,373 | €13,096,795 | -€478,579 | -3.5% |
| Amounts receivable within one year | 40/41 | €887,620 | €832,274 | -€55,346 | -6.2% |
| Trade receivables | 40 | €340,317 | €439,799 | +€99,482 | +29.2% |
| Other amounts receivable | 41 | €547,303 | €392,475 | -€154,828 | -28.3% |
| Cash at bank and in hand | 54/58 | €189,121 | €365,247 | +€176,125 | +93.1% |
| Deferred charges and accrued income | 490/1 | €64,637 | €112,498 | +€47,862 | +74.0% |
| Total equity and liabilities | 10/49 | €16,223,787 | €15,786,660 | -€437,126 | -2.7% |
| Equity | 10/15 | €8,277,841 | €8,450,832 | +€172,991 | +2.1% |
| Contributions | 10/11 | €1,450,000 | €1,450,000 | = | 0.0% |
| Reserves | 13 | €959,440 | €858,400 | -€101,040 | -10.5% |
| Tax-exempt reserves | 132 | €814,440 | €713,400 | -€101,040 | -12.4% |
| Distributable reserves | 133 | €145,000 | €145,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €5,868,401 | €6,142,432 | +€274,031 | +4.7% |
| Provisions and deferred taxes | 16 | €85,375 | €76,923 | -€8,452 | -9.9% |
| Provisions for liabilities and charges | 160/5 | €85,375 | €76,923 | -€8,452 | -9.9% |
| Other liabilities and charges | 164/5 | €85,375 | €76,923 | -€8,452 | -9.9% |
| Amounts payable | 17/49 | €7,860,571 | €7,258,905 | -€601,665 | -7.7% |
| Amounts payable after more than one year | 17 | €560,005 | €389,839 | -€170,166 | -30.4% |
| Financial debts | 170/4 | €560,005 | €389,839 | -€170,166 | -30.4% |
| Credit institutions | 173 | €560,005 | €389,839 | -€170,166 | -30.4% |
| Amounts payable within one year | 42/48 | €7,189,989 | €6,793,419 | -€396,571 | -5.5% |
| Current portion of amounts payable after more than one year | 42 | €255,504 | €170,166 | -€85,338 | -33.4% |
| Financial debts | 43 | €3,222,917 | €3,222,917 | = | 0.0% |
| Credit institutions | 430/8 | €3,222,917 | €3,222,917 | = | 0.0% |
| Trade debts | 44 | €505,313 | €371,816 | -€133,497 | -26.4% |
| Suppliers | 440/4 | €505,313 | €371,816 | -€133,497 | -26.4% |
| Advances received on contracts in progress | 46 | - | €41,322 | +€41,322 | |
| Taxes, remuneration and social security | 45 | €586,164 | €435,524 | -€150,640 | -25.7% |
| Taxes | 450/3 | €510,770 | €352,347 | -€158,424 | -31.0% |
| Remuneration and social security | 454/9 | €75,394 | €83,178 | +€7,784 | +10.3% |
| Other amounts payable | 47/48 | €2,620,091 | €2,551,673 | -€68,418 | -2.6% |
| Accrued charges and deferred income | 492/3 | €110,576 | €75,648 | -€34,929 | -31.6% |
| Operating income | 70/76A | €12,906,314 | €15,123,283 | +€2.2m | +17.2% |
| Turnover | 70 | €12,852,427 | €15,060,272 | +€2.2m | +17.2% |
| Other operating income | 74 | €53,887 | €63,011 | +€9,124 | +16.9% |
| Operating charges | 60/66A | €12,325,316 | €14,496,830 | +€2.2m | +17.6% |
| Goods for resale, raw materials and consumables | 60 | €11,041,245 | €13,181,823 | +€2.1m | +19.4% |
| Purchases | 600/8 | €10,753,164 | €12,700,745 | +€1.9m | +18.1% |
| Change in stocks: decrease (increase) | 609 | €288,081 | €481,079 | +€192,998 | +67.0% |
| Services and other goods | 61 | €590,842 | €655,142 | +€64,300 | +10.9% |
| Remuneration, social security and pensions | 62 | €343,234 | €404,680 | +€61,446 | +17.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €200,223 | €178,972 | -€21,251 | -10.6% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €9,500 | -€2,500 | -€12,000 | |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | -€2,655 | -€8,452 | -€5,797 | -218% |
| Other operating charges | 640/8 | €142,927 | €87,165 | -€55,762 | -39.0% |
| Operating profit (loss) | 9901 | €580,999 | €626,453 | +€45,454 | +7.8% |
| Financial income | 75/76B | €28,184 | €31,702 | +€3,518 | +12.5% |
| Recurring financial income | 75 | €28,184 | €31,702 | +€3,518 | +12.5% |
| Income from current assets | 751 | €7,546 | €28,304 | +€20,758 | +275% |
| Other financial income | 752/9 | €20,638 | €3,398 | -€17,240 | -83.5% |
| Financial charges | 65/66B | €481,106 | €403,808 | -€77,299 | -16.1% |
| Recurring financial charges | 65 | €481,106 | €403,808 | -€77,299 | -16.1% |
| Debt charges | 650 | €451,566 | €394,105 | -€57,461 | -12.7% |
| Other financial charges | 652/9 | €29,541 | €9,703 | -€19,838 | -67.2% |
| Profit (loss) for the period before taxes | 9903 | €128,076 | €254,347 | +€126,271 | +98.6% |
| Income taxes | 67/77 | €49,637 | €81,356 | +€31,719 | +63.9% |
| Taxes | 670/3 | €49,637 | €81,356 | +€31,719 | +63.9% |
| Profit (loss) for the period | 9904 | €78,439 | €172,991 | +€94,551 | +121% |
| Transfer from tax-exempt reserves | 789 | - | €383,110 | +€383,110 | |
| Transfer to tax-exempt reserves | 689 | - | €282,070 | +€282,070 | |
| Profit (loss) for the period to be appropriated | 9905 | €78,439 | €274,031 | +€195,591 | +249% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 14 October 2026 via checked.be.