AUTO MEUSE: 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.
AUTO MEUSE
Largest movements
- Stocks and contracts +€18,026
up €18,026 (+17.5%), from €103,106 to €121,132
- Cash +€16,265
up €16,265 (+50.7%), from €32,066 to €48,331
mainly Short-term financial debts (+€48,361) and Other debts (+€22,235)
- Tangible fixed assets +€13,282
up €13,282 (+25.0%), from €53,169 to €66,451
of which Plant, machinery and equipment: +€19,054
- Short-term financial debts +€48,361
new in 2025: €48,361
- Profit (loss) carried forward -€34,335
down €34,335 (-67.1%), from -€51,156 to -€85,491
- Other debts +€22,235
up €22,235 (+44.2%), from €50,298 to €72,533
- Trade debts +€14,863
up €14,863 (+7.0%), from €211,251 to €226,113
- Tax, wage and social debts -€5,652
down €5,652 (-21.3%), from €26,529 to €20,876
of which Taxes: -€11,936
- Staff costs +€14,532
up €14,532 (+13.1%), from €110,633 to €125,165
- Gross operating margin +€4,413
up €4,413 (+3.5%), from €127,215 to €131,628
- Depreciation -€3,468
down €3,468 (-18.1%), from €19,140 to €15,672
- Taxes -€2,627
down €2,627 (-88.1%), from €2,980 to €353
- Financial charges +€2,506
up €2,506 (+108.1%), from €2,318 to €4,824
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 | €277,823 | €323,295 | +€45,472 | +16.4% |
| Fixed assets | 21/28 | €53,231 | €66,513 | +€13,282 | +25.0% |
| Tangible fixed assets | 22/27 | €53,169 | €66,451 | +€13,282 | +25.0% |
| Land and buildings | 22 | - | €2,635 | +€2,635 | |
| Plant, machinery and equipment | 23 | €7,979 | €27,033 | +€19,054 | +238.8% |
| Furniture and vehicles | 24 | €45,190 | €36,784 | -€8,406 | -18.6% |
| Financial fixed assets | 28 | €62 | €62 | = | 0.0% |
| Current assets | 29/58 | €224,592 | €256,782 | +€32,190 | +14.3% |
| Stocks and contracts in progress | 3 | €103,106 | €121,132 | +€18,026 | +17.5% |
| Stocks | 30/36 | €103,106 | €121,132 | +€18,026 | +17.5% |
| Amounts receivable within one year | 40/41 | €85,163 | €83,316 | -€1,846 | -2.2% |
| Trade receivables | 40 | €51,589 | €65,604 | +€14,015 | +27.2% |
| Other amounts receivable | 41 | €33,574 | €17,713 | -€15,861 | -47.2% |
| Cash at bank and in hand | 54/58 | €32,066 | €48,331 | +€16,265 | +50.7% |
| Deferred charges and accrued income | 490/1 | €4,258 | €4,003 | -€255 | -6.0% |
| Total equity and liabilities | 10/49 | €277,823 | €323,295 | +€45,472 | +16.4% |
| Equity | 10/15 | -€10,254 | -€44,589 | -€34,335 | -334.9% |
| Contributions | 10/11 | €40,902 | €40,902 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€51,156 | -€85,491 | -€34,335 | -67.1% |
| Amounts payable | 17/49 | €288,077 | €367,884 | +€79,807 | +27.7% |
| Amounts payable within one year | 42/48 | €288,077 | €367,884 | +€79,807 | +27.7% |
| Financial debts | 43 | - | €48,361 | +€48,361 | |
| Credit institutions | 430/8 | - | €48,361 | +€48,361 | |
| Trade debts | 44 | €211,251 | €226,113 | +€14,863 | +7.0% |
| Suppliers | 440/4 | €211,251 | €226,113 | +€14,863 | +7.0% |
| Taxes, remuneration and social security | 45 | €26,529 | €20,876 | -€5,652 | -21.3% |
| Taxes | 450/3 | €15,876 | €3,940 | -€11,936 | -75.2% |
| Remuneration and social security | 454/9 | €10,653 | €16,937 | +€6,284 | +59.0% |
| Other amounts payable | 47/48 | €50,298 | €72,533 | +€22,235 | +44.2% |
| Non-recurring operating income | 76A | €2,842 | €5,840 | +€2,999 | +105.5% |
| Remuneration, social security and pensions | 62 | €110,633 | €125,165 | +€14,532 | +13.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €19,140 | €15,672 | -€3,468 | -18.1% |
| Other operating charges | 640/8 | €19,835 | €19,968 | +€134 | +0.7% |
| Non-recurring operating charges | 66A | €720 | - | -€720 | |
| Gross operating margin | 9900 | €127,215 | €131,628 | +€4,413 | +3.5% |
| Operating profit (loss) | 9901 | -€23,113 | -€29,178 | -€6,065 | -26.2% |
| Financial income | 75/76B | €225 | €20 | -€205 | -91.1% |
| Recurring financial income | 75 | €225 | €20 | -€205 | -91.1% |
| Financial charges | 65/66B | €2,318 | €4,824 | +€2,506 | +108.1% |
| Recurring financial charges | 65 | €2,318 | €4,824 | +€2,506 | +108.1% |
| Profit (loss) for the period before taxes | 9903 | -€25,205 | -€33,982 | -€8,777 | -34.8% |
| Income taxes | 67/77 | €2,980 | €353 | -€2,627 | -88.1% |
| Profit (loss) for the period | 9904 | -€28,185 | -€34,335 | -€6,150 | -21.8% |
| Profit (loss) for the period to be appropriated | 9905 | -€28,185 | -€34,335 | -€6,150 | -21.8% |
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 1 October 2026 via checked.be.