AERTS TRUCKS: 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
AERTS TRUCKS
NACE 46.711, Wholesale of cars and light vans (up to 3.5 tonnes)
financial year 2026 compared with 2025filed annual accounts (NBB)
Net result for the year
-€100,235
2025 · -€682,911+€582,677
Equity
€7.4m
2025 · €7.5m-€100,235
Cash
€533,738
2025 · €483,165+€50,572
Balance sheet total
€12.3m
2025 · €11.5m+€838,164
Largest movements
Assets
- Receivables within one year +€629,855
up €629,855 (+62.2%), from €1.0m to €1.6m
of which Trade receivables: +€696,315
- Stocks and contracts +€192,724
up €192,724 (+4.7%), from €4.1m to €4.3m
Equity and liabilities
- Trade debts +€1.1m
up €1.1m (+33.1%), from €3.3m to €4.4m
Income statement
- Turnover +€1.8m
up €1.8m (+9.9%), from €18.6m to €20.5m
- Goods and materials +€1.5m
up €1.5m (+8.6%), from €17.3m to €18.8m
of which Purchases: +€4.5m
From the 2025 result to the 2026 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 2025
-€682,911
Turnover
+€1.8m
Other operating income
-€102,402
Goods and materials
-€1.5m
Services and other goods
+€53,214
Staff costs
+€75,923
Depreciation
+€12,440
Provisions
+€20,250
Other operating charges
-€1,261
Other operating items
+€66,004
Financial income
+€42,811
Financial charges
+€59,295
Taxes
+€237
Result 2026
-€100,235
raises the resultlowers the resultnot broken down further in the accounts
Derived cash bridge
Derived from the 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
From operations
+€70,159
Investment
+€17,490
Financing
-€37,076
Cash 2025
€483,165
From operations (derived)
+€70,159
Net result for the year
-€100,235
Depreciation
+€44,056
Stocks and contracts
-€192,724
Receivables within one year
-€629,855
Deferred charges and accrued income
-€26,559
Provisions
-€10,500
Trade debts
+€1.1m
Tax, wage and social debts
-€102,086
Advances received
-€67,704
Other debts
+€67,072
Accrued charges and deferred income
-€1,693
Investment (derived)
+€17,490
Investment in fixed assets (net)
+€17,490
Financing
-€37,076
Current portion of long-term debt
-€37,076
Cash 2026
€533,738
brings cash intakes cash out
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €11,504,425 | €12,342,589 | +€838,164 | +7.3% |
| Fixed assets | 21/28 | €5,876,698 | €5,815,153 | -€61,545 | -1.0% |
| Tangible fixed assets | 22/27 | €146,309 | €102,253 | -€44,056 | -30.1% |
| Land and buildings | 22 | €77,347 | €74,243 | -€3,104 | -4.0% |
| Plant, machinery and equipment | 23 | €4,569 | €1,422 | -€3,146 | -68.9% |
| Furniture and vehicles | 24 | €41,910 | €17,916 | -€23,994 | -57.3% |
| Other tangible fixed assets | 26 | €22,483 | €8,673 | -€13,811 | -61.4% |
| Financial fixed assets | 28 | €5,730,389 | €5,712,899 | -€17,490 | -0.3% |
| Affiliated companies | 280/1 | €5,728,370 | €5,710,880 | -€17,490 | -0.3% |
| Participating interests | 280 | €4,978,370 | €4,978,370 | = | 0.0% |
| Amounts receivable | 281 | €750,000 | €732,510 | -€17,490 | -2.3% |
| Other financial fixed assets | 284/8 | €2,019 | €2,019 | = | 0.0% |
| Shares | 284 | €1,884 | €1,884 | = | 0.0% |
| Amounts receivable and cash guarantees | 285/8 | €135 | €135 | = | 0.0% |
| Current assets | 29/58 | €5,627,727 | €6,527,436 | +€899,710 | +16.0% |
| Stocks and contracts in progress | 3 | €4,103,620 | €4,296,344 | +€192,724 | +4.7% |
| Stocks | 30/36 | €4,103,620 | €4,296,344 | +€192,724 | +4.7% |
| Goods purchased for resale | 34 | €4,103,620 | €4,296,344 | +€192,724 | +4.7% |
| Amounts receivable within one year | 40/41 | €1,012,791 | €1,642,646 | +€629,855 | +62.2% |
| Trade receivables | 40 | €836,067 | €1,532,383 | +€696,315 | +83.3% |
| Other amounts receivable | 41 | €176,724 | €110,263 | -€66,461 | -37.6% |
| Cash at bank and in hand | 54/58 | €483,165 | €533,738 | +€50,572 | +10.5% |
| Deferred charges and accrued income | 490/1 | €28,150 | €54,709 | +€26,559 | +94.3% |
| Total equity and liabilities | 10/49 | €11,504,425 | €12,342,589 | +€838,164 | +7.3% |
| Equity | 10/15 | €7,475,839 | €7,375,604 | -€100,235 | -1.3% |
| Contributions | 10/11 | €1,930,000 | €1,930,000 | = | 0.0% |
| Capital | 10 | €1,930,000 | €1,930,000 | = | 0.0% |
| Issued capital | 100 | €1,930,000 | €1,930,000 | = | 0.0% |
| Reserves | 13 | €5,545,839 | €5,445,604 | -€100,235 | -1.8% |
| Non-distributable reserves | 130/1 | €193,000 | €193,000 | = | 0.0% |
| Legal reserve | 130 | €193,000 | €193,000 | = | 0.0% |
| Tax-exempt reserves | 132 | €151,913 | €151,913 | = | 0.0% |
| Distributable reserves | 133 | €5,200,927 | €5,100,692 | -€100,235 | -1.9% |
| Provisions and deferred taxes | 16 | €23,250 | €12,750 | -€10,500 | -45.2% |
| Provisions for liabilities and charges | 160/5 | €23,250 | €12,750 | -€10,500 | -45.2% |
| Other liabilities and charges | 164/5 | €23,250 | €12,750 | -€10,500 | -45.2% |
| Amounts payable | 17/49 | €4,005,336 | €4,954,235 | +€948,899 | +23.7% |
| Amounts payable after more than one year | 17 | €0 | - | = | |
| Financial debts | 170/4 | €0 | - | = | |
| Credit institutions | 173 | €0 | - | = | |
| Other loans | 174 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €3,996,311 | €4,946,903 | +€950,592 | +23.8% |
| Current portion of amounts payable after more than one year | 42 | €37,076 | €0 | -€37,076 | -100% |
| Financial debts | 43 | €0 | - | = | |
| Credit institutions | 430/8 | €0 | - | = | |
| Trade debts | 44 | €3,289,441 | €4,379,826 | +€1.1m | +33.1% |
| Suppliers | 440/4 | €3,289,441 | €4,379,826 | +€1.1m | +33.1% |
| Advances received on contracts in progress | 46 | €98,717 | €31,013 | -€67,704 | -68.6% |
| Taxes, remuneration and social security | 45 | €566,041 | €463,955 | -€102,086 | -18.0% |
| Taxes | 450/3 | €447,686 | €388,650 | -€59,037 | -13.2% |
| Remuneration and social security | 454/9 | €118,354 | €75,305 | -€43,050 | -36.4% |
| Other amounts payable | 47/48 | €5,037 | €72,109 | +€67,072 | +1,332% |
| Accrued charges and deferred income | 492/3 | €9,025 | €7,332 | -€1,693 | -18.8% |
| Operating income | 70/76A | €18,856,564 | €20,667,049 | +€1.8m | +9.6% |
| Turnover | 70 | €18,614,365 | €20,461,248 | +€1.8m | +9.9% |
| Other operating income | 74 | €234,855 | €132,453 | -€102,402 | -43.6% |
| Non-recurring operating income | 76A | €7,345 | €73,349 | +€66,004 | +899% |
| Operating charges | 60/66A | €19,489,300 | €20,819,450 | +€1.3m | +6.8% |
| Goods for resale, raw materials and consumables | 60 | €17,310,649 | €18,801,366 | +€1.5m | +8.6% |
| Purchases | 600/8 | €14,460,769 | €18,994,090 | +€4.5m | +31.3% |
| Change in stocks: decrease (increase) | 609 | €2,849,880 | -€192,724 | -€3.0m | |
| Services and other goods | 61 | €1,511,403 | €1,458,189 | -€53,214 | -3.5% |
| Remuneration, social security and pensions | 62 | €574,659 | €498,736 | -€75,923 | -13.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €56,496 | €44,056 | -€12,440 | -22.0% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | €9,750 | -€10,500 | -€20,250 | |
| Other operating charges | 640/8 | €26,342 | €27,603 | +€1,261 | +4.8% |
| Operating profit (loss) | 9901 | -€632,735 | -€152,400 | +€480,335 | +75.9% |
| Financial income | 75/76B | €31,798 | €74,608 | +€42,811 | +135% |
| Recurring financial income | 75 | €31,798 | €74,608 | +€42,811 | +135% |
| Income from financial fixed assets | 750 | €28,223 | €26,441 | -€1,783 | -6.3% |
| Other financial income | 752/9 | €3,575 | €48,168 | +€44,593 | +1,247% |
| Financial charges | 65/66B | €79,835 | €20,540 | -€59,295 | -74.3% |
| Recurring financial charges | 65 | €79,835 | €20,540 | -€59,295 | -74.3% |
| Debt charges | 650 | €73,300 | €14,002 | -€59,298 | -80.9% |
| Other financial charges | 652/9 | €6,535 | €6,538 | +€4 | +0.1% |
| Profit (loss) for the period before taxes | 9903 | -€680,772 | -€98,332 | +€582,440 | +85.6% |
| Income taxes | 67/77 | €2,139 | €1,903 | -€237 | -11.1% |
| Taxes | 670/3 | €2,139 | €1,903 | -€237 | -11.1% |
| Tax adjustments and reversals of tax provisions | 77 | €0 | - | = | |
| Profit (loss) for the period | 9904 | -€682,911 | -€100,235 | +€582,677 | +85.3% |
| Profit (loss) for the period to be appropriated | 9905 | -€682,911 | -€100,235 | +€582,677 | +85.3% |
Source: filed annual accounts (NBB), financial years ended 31 March 2025 and 31 March 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 27 October 2026 via checked.be.