AUTO'S kurt: 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'S kurt
Largest movements
- Stocks and contracts -€75,448
down €75,448 (-15.7%), from €481,908 to €406,459
- Cash -€53,969
down €53,969 (-36.6%), from €147,482 to €93,512
mainly Investment in fixed assets (net) (-€78,692) and Net result for the year (-€44,819)
- Tangible fixed assets +€51,579
up €51,579 (+12.8%), from €404,430 to €456,009
of which Furniture and vehicles: +€74,252
- Profit (loss) carried forward -€44,819
down €44,819 (-43.5%), from -€103,133 to -€147,952
- Short-term financial debts +€35,000
up €35,000 (+23.3%), from €150,000 to €185,000
- Tax, wage and social debts -€31,815
down €31,815 (-80.9%), from €39,338 to €7,523
of which Taxes: -€29,094
- Accrued charges and deferred income -€16,402
down €16,402 (-71.3%), from €23,017 to €6,615
- Gross operating margin -€73,270
down €73,270 (-78.3%), from €93,586 to €20,317
- Financial charges -€21,062
down €21,062 (-46.3%), from €45,479 to €24,417
- Depreciation +€3,440
up €3,440 (+14.5%), from €23,673 to €27,113
- Staff costs +€1,170
up €1,170 (+154.5%), from €757 to €1,927
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 | €1,036,878 | €958,836 | -€78,042 | -7.5% |
| Fixed assets | 21/28 | €404,430 | €456,009 | +€51,579 | +12.8% |
| Tangible fixed assets | 22/27 | €404,430 | €456,009 | +€51,579 | +12.8% |
| Land and buildings | 22 | €339,862 | €317,189 | -€22,672 | -6.7% |
| Furniture and vehicles | 24 | €64,568 | €138,820 | +€74,252 | +115.0% |
| Current assets | 29/58 | €632,448 | €502,827 | -€129,621 | -20.5% |
| Stocks and contracts in progress | 3 | €481,908 | €406,459 | -€75,448 | -15.7% |
| Stocks | 30/36 | €481,908 | €406,459 | -€75,448 | -15.7% |
| Cash at bank and in hand | 54/58 | €147,482 | €93,512 | -€53,969 | -36.6% |
| Deferred charges and accrued income | 490/1 | €3,059 | €2,855 | -€204 | -6.7% |
| Total equity and liabilities | 10/49 | €1,036,878 | €958,836 | -€78,042 | -7.5% |
| Equity | 10/15 | €219,430 | €174,611 | -€44,819 | -20.4% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €303,963 | €303,963 | = | 0.0% |
| Tax-exempt reserves | 132 | €18,750 | €18,750 | = | 0.0% |
| Distributable reserves | 133 | €285,213 | €285,213 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€103,133 | -€147,952 | -€44,819 | -43.5% |
| Amounts payable | 17/49 | €817,448 | €784,225 | -€33,223 | -4.1% |
| Amounts payable after more than one year | 17 | €112,178 | €109,168 | -€3,010 | -2.7% |
| Financial debts | 170/4 | €112,178 | €109,168 | -€3,010 | -2.7% |
| Amounts payable within one year | 42/48 | €682,253 | €668,442 | -€13,811 | -2.0% |
| Current portion of amounts payable after more than one year | 42 | €389,446 | €385,068 | -€4,378 | -1.1% |
| Financial debts | 43 | €150,000 | €185,000 | +€35,000 | +23.3% |
| Credit institutions | 430/8 | €150,000 | €185,000 | +€35,000 | +23.3% |
| Trade debts | 44 | €6,507 | €1,758 | -€4,749 | -73.0% |
| Suppliers | 440/4 | €6,507 | €1,758 | -€4,749 | -73.0% |
| Taxes, remuneration and social security | 45 | €39,338 | €7,523 | -€31,815 | -80.9% |
| Taxes | 450/3 | €35,125 | €6,031 | -€29,094 | -82.8% |
| Remuneration and social security | 454/9 | €4,213 | €1,492 | -€2,721 | -64.6% |
| Other amounts payable | 47/48 | €96,962 | €89,093 | -€7,869 | -8.1% |
| Accrued charges and deferred income | 492/3 | €23,017 | €6,615 | -€16,402 | -71.3% |
| Non-recurring operating income | 76A | €19,027 | - | -€19,027 | |
| Remuneration, social security and pensions | 62 | €757 | €1,927 | +€1,170 | +154.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €23,673 | €27,113 | +€3,440 | +14.5% |
| Other operating charges | 640/8 | €4,982 | €5,615 | +€633 | +12.7% |
| Non-recurring operating charges | 66A | €4,128 | €6,037 | +€1,909 | +46.2% |
| Gross operating margin | 9900 | €93,586 | €20,317 | -€73,270 | -78.3% |
| Operating profit (loss) | 9901 | €60,046 | -€20,376 | -€80,422 | |
| Financial income | 75/76B | €1 | €0 | -€0 | -60.0% |
| Recurring financial income | 75 | €1 | €0 | -€0 | -60.0% |
| Financial charges | 65/66B | €45,479 | €24,417 | -€21,062 | -46.3% |
| Recurring financial charges | 65 | €45,479 | €24,417 | -€21,062 | -46.3% |
| Profit (loss) for the period before taxes | 9903 | €14,567 | -€44,793 | -€59,360 | |
| Income taxes | 67/77 | €150 | €25 | -€125 | -83.0% |
| Profit (loss) for the period | 9904 | €14,417 | -€44,819 | -€59,236 | |
| Profit (loss) for the period to be appropriated | 9905 | €14,417 | -€44,819 | -€59,236 |
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 2 October 2026 via checked.be.