AUTO PANAMA: 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 PANAMA
Largest movements
- Cash +€32,691
up €32,691 (+107.5%), from €30,397 to €63,088
mainly Trade debts (+€147,722) and Debts after one year (+€133,076)
- Stocks and contracts -€16,825
down €16,825 (-2.9%), from €581,697 to €564,872
- Profit (loss) carried forward -€237,128
down €237,128 (-81.2%), from €291,946 to €54,818
- Trade debts +€147,722
up €147,722 (+284.0%), from €52,024 to €199,746
- Debts after one year +€133,076
new in 2024: €133,076
- Tax, wage and social debts -€27,321
down €27,321 (-45.0%), from €60,680 to €33,359
of which Taxes: -€27,547
- Accrued charges and deferred income -€11,300
down €11,300 (-93.6%), from €12,068 to €768
- Gross operating margin -€101,861
down €101,861, from €11,571 to -€90,290
- Taxes +€95,548
up €95,548 (+270.6%), from €35,311 to €130,859
- Staff costs +€9,664
new in 2024: €9,664
- Financial charges +€2,248
up €2,248 (+222582.2%), from €1 to €2,249
- Other operating charges +€1,467
up €1,467 (+43.4%), from €3,376 to €4,843
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 | €622,777 | €638,599 | +€15,822 | +2.5% |
| Fixed assets | 21/28 | €821 | €549 | -€273 | -33.2% |
| Tangible fixed assets | 22/27 | €821 | €549 | -€273 | -33.2% |
| Furniture and vehicles | 24 | €821 | €549 | -€273 | -33.2% |
| Current assets | 29/58 | €621,956 | €638,051 | +€16,095 | +2.6% |
| Stocks and contracts in progress | 3 | €581,697 | €564,872 | -€16,825 | -2.9% |
| Stocks | 30/36 | €581,697 | €564,872 | -€16,825 | -2.9% |
| Amounts receivable within one year | 40/41 | €9,862 | €10,091 | +€229 | +2.3% |
| Trade receivables | 40 | €9,862 | €9,886 | +€24 | +0.2% |
| Other amounts receivable | 41 | - | €205 | +€205 | |
| Cash at bank and in hand | 54/58 | €30,397 | €63,088 | +€32,691 | +107.5% |
| Total equity and liabilities | 10/49 | €622,777 | €638,599 | +€15,822 | +2.5% |
| Equity | 10/15 | €312,143 | €75,014 | -€237,128 | -76.0% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Capital | 10 | €18,592 | €18,592 | = | 0.0% |
| Issued capital | 100 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €1,604 | €1,604 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,604 | €1,604 | = | 0.0% |
| Legal reserve | 130 | €1,604 | €1,604 | = | 0.0% |
| Profit (loss) carried forward | 14 | €291,946 | €54,818 | -€237,128 | -81.2% |
| Amounts payable | 17/49 | €310,634 | €563,585 | +€252,951 | +81.4% |
| Amounts payable after more than one year | 17 | - | €133,076 | +€133,076 | |
| Other amounts payable | 178/9 | - | €133,076 | +€133,076 | |
| Amounts payable within one year | 42/48 | €298,567 | €429,741 | +€131,174 | +43.9% |
| Trade debts | 44 | €52,024 | €199,746 | +€147,722 | +284.0% |
| Suppliers | 440/4 | €52,024 | €199,746 | +€147,722 | +284.0% |
| Taxes, remuneration and social security | 45 | €60,680 | €33,359 | -€27,321 | -45.0% |
| Taxes | 450/3 | €60,680 | €33,133 | -€27,547 | -45.4% |
| Remuneration and social security | 454/9 | - | €226 | +€226 | |
| Other amounts payable | 47/48 | €185,863 | €196,636 | +€10,773 | +5.8% |
| Accrued charges and deferred income | 492/3 | €12,068 | €768 | -€11,300 | -93.6% |
| Remuneration, social security and pensions | 62 | - | €9,664 | +€9,664 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €273 | €273 | = | 0.0% |
| Other operating charges | 640/8 | €3,376 | €4,843 | +€1,467 | +43.4% |
| Gross operating margin | 9900 | €11,571 | -€90,290 | -€101,861 | |
| Operating profit (loss) | 9901 | €7,922 | -€105,069 | -€112,991 | |
| Financial income | 75/76B | €1 | €1,049 | +€1,048 | +101700.0% |
| Recurring financial income | 75 | €1 | €1,049 | +€1,048 | +101700.0% |
| Financial charges | 65/66B | €1 | €2,249 | +€2,248 | +222582.2% |
| Recurring financial charges | 65 | €1 | €2,249 | +€2,248 | +222582.2% |
| Profit (loss) for the period before taxes | 9903 | €7,922 | -€106,269 | -€114,192 | |
| Income taxes | 67/77 | €35,311 | €130,859 | +€95,548 | +270.6% |
| Profit (loss) for the period | 9904 | -€27,389 | -€237,128 | -€209,740 | -765.8% |
| Profit (loss) for the period to be appropriated | 9905 | -€27,389 | -€237,128 | -€209,740 | -765.8% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.