ASD CAR: 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.
ASD CAR
Largest movements
- Cash +€69,399
up €69,399 (+2850.3%), from €2,435 to €71,833
mainly Trade debts (+€457,843) and Other debts (+€178,650)
- Tangible fixed assets +€39,096
up €39,096 (+5.1%), from €766,660 to €805,756
of which Plant, machinery and equipment: +€103,700
- Stocks and contracts -€30,212
down €30,212 (-14.1%), from €214,049 to €183,837
- Trade debts +€457,843
up €457,843 (+124.3%), from €368,423 to €826,266
- Profit (loss) carried forward -€275,391
down €275,391 (-4720.7%), from -€5,834 to -€281,225
- Other debts +€178,650
up €178,650 (+151.7%), from €117,792 to €296,442
- Tax, wage and social debts -€140,420
down €140,420 (-39.5%), from €355,070 to €214,650
of which Taxes: -€123,037
- Short-term financial debts -€67,373
down €67,373 (-29.2%), from €231,000 to €163,627
- Gross operating margin -€234,513
down €234,513 (-27.3%), from €859,963 to €625,450
- Staff costs -€37,448
down €37,448 (-4.9%), from €764,926 to €727,479
- Financial income -€31,865
down €31,865 (-97.7%), from €32,629 to €763
- Depreciation +€11,452
up €11,452 (+11.4%), from €100,153 to €111,605
- Financial charges +€11,380
up €11,380 (+54.3%), from €20,976 to €32,356
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,633,389 | €1,693,348 | +€59,960 | +3.7% |
| Fixed assets | 21/28 | €899,155 | €922,591 | +€23,436 | +2.6% |
| Intangible fixed assets | 21 | €121,980 | €106,320 | -€15,660 | -12.8% |
| Tangible fixed assets | 22/27 | €766,660 | €805,756 | +€39,096 | +5.1% |
| Land and buildings | 22 | €731,062 | €665,779 | -€65,283 | -8.9% |
| Plant, machinery and equipment | 23 | €31,426 | €135,126 | +€103,700 | +330.0% |
| Furniture and vehicles | 24 | €4,172 | €4,851 | +€679 | +16.3% |
| Financial fixed assets | 28 | €10,515 | €10,515 | = | 0.0% |
| Current assets | 29/58 | €734,234 | €770,758 | +€36,524 | +5.0% |
| Stocks and contracts in progress | 3 | €214,049 | €183,837 | -€30,212 | -14.1% |
| Stocks | 30/36 | €214,049 | €183,837 | -€30,212 | -14.1% |
| Amounts receivable within one year | 40/41 | €517,750 | €515,087 | -€2,664 | -0.5% |
| Trade receivables | 40 | €502,504 | €499,841 | -€2,664 | -0.5% |
| Other amounts receivable | 41 | €15,246 | €15,246 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €2,435 | €71,833 | +€69,399 | +2850.3% |
| Total equity and liabilities | 10/49 | €1,633,389 | €1,693,348 | +€59,960 | +3.7% |
| Equity | 10/15 | €129,945 | -€145,446 | -€275,391 | |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Capital | 10 | €18,600 | €18,600 | = | 0.0% |
| Issued capital | 100 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €117,179 | €117,179 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Legal reserve | 130 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €115,319 | €115,319 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€5,834 | -€281,225 | -€275,391 | -4720.7% |
| Amounts payable | 17/49 | €1,503,444 | €1,838,794 | +€335,351 | +22.3% |
| Amounts payable after more than one year | 17 | €337,480 | €287,610 | -€49,870 | -14.8% |
| Financial debts | 170/4 | €337,480 | €287,610 | -€49,870 | -14.8% |
| Amounts payable within one year | 42/48 | €1,165,634 | €1,550,855 | +€385,221 | +33.0% |
| Current portion of amounts payable after more than one year | 42 | €93,349 | €49,870 | -€43,480 | -46.6% |
| Financial debts | 43 | €231,000 | €163,627 | -€67,373 | -29.2% |
| Credit institutions | 430/8 | €231,000 | €163,627 | -€67,373 | -29.2% |
| Trade debts | 44 | €368,423 | €826,266 | +€457,843 | +124.3% |
| Suppliers | 440/4 | €368,423 | €826,266 | +€457,843 | +124.3% |
| Taxes, remuneration and social security | 45 | €355,070 | €214,650 | -€140,420 | -39.5% |
| Taxes | 450/3 | €201,764 | €78,726 | -€123,037 | -61.0% |
| Remuneration and social security | 454/9 | €153,306 | €135,923 | -€17,382 | -11.3% |
| Other amounts payable | 47/48 | €117,792 | €296,442 | +€178,650 | +151.7% |
| Accrued charges and deferred income | 492/3 | €329 | €329 | = | 0.0% |
| Remuneration, social security and pensions | 62 | €764,926 | €727,479 | -€37,448 | -4.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €100,153 | €111,605 | +€11,452 | +11.4% |
| Other operating charges | 640/8 | €13,941 | €24,408 | +€10,467 | +75.1% |
| Gross operating margin | 9900 | €859,963 | €625,450 | -€234,513 | -27.3% |
| Operating profit (loss) | 9901 | -€19,058 | -€238,042 | -€218,984 | -1149.0% |
| Financial income | 75/76B | €32,629 | €763 | -€31,865 | -97.7% |
| Recurring financial income | 75 | €32,629 | €763 | -€31,865 | -97.7% |
| Financial charges | 65/66B | €20,976 | €32,356 | +€11,380 | +54.3% |
| Recurring financial charges | 65 | €20,976 | €32,356 | +€11,380 | +54.3% |
| Profit (loss) for the period before taxes | 9903 | -€7,406 | -€269,635 | -€262,229 | -3540.8% |
| Income taxes | 67/77 | €3,157 | €5,756 | +€2,599 | +82.3% |
| Profit (loss) for the period | 9904 | -€10,563 | -€275,391 | -€264,828 | -2507.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€10,563 | -€275,391 | -€264,828 | -2507.2% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 10 October 2026 via checked.be.