AUTO'S Martin: 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.
AUTO'S Martin
Largest movements
- Cash -€104,347
down €104,347 (-50.6%), from €206,301 to €101,953
mainly Trade debts (-€52,674) and Other debts (-€51,314)
- Receivables within one year +€30,977
up €30,977 (+165%), from €18,811 to €49,789
of which Trade receivables: +€28,714
- Tangible fixed assets -€12,900
down €12,900 (-15.7%), from €82,090 to €69,190
of which Furniture and vehicles: -€18,512
- Stocks and contracts +€11,322
up €11,322 (+2.5%), from €448,262 to €459,584
- Trade debts -€52,674
down €52,674 (-96.3%), from €54,678 to €2,005
- Other debts -€51,314
down €51,314 (-59.2%), from €86,717 to €35,403
- Reserves +€46,643
up €46,643 (+8.1%), from €575,897 to €622,540
of which Distributable reserves: +€46,643
- Gross operating margin -€43,544
down €43,544 (-29.9%), from €145,561 to €102,017
- Taxes -€12,028
down €12,028 (-38.4%), from €31,307 to €19,279
- Depreciation +€8,368
up €8,368 (+48.5%), from €17,253 to €25,621
- Staff costs -€3,249
no longer reported in 2025 (was €3,249)
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.
Derived cash bridge
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 | €772,605 | €697,514 | -€75,091 | -9.7% |
| Fixed assets | 21/28 | €82,590 | €69,890 | -€12,700 | -15.4% |
| Tangible fixed assets | 22/27 | €82,090 | €69,190 | -€12,900 | -15.7% |
| Land and buildings | 22 | €2,671 | €11,945 | +€9,274 | +347% |
| Plant, machinery and equipment | 23 | €17,374 | €13,712 | -€3,662 | -21.1% |
| Furniture and vehicles | 24 | €62,045 | €43,533 | -€18,512 | -29.8% |
| Financial fixed assets | 28 | €500 | €700 | +€200 | +40.0% |
| Current assets | 29/58 | €690,015 | €627,624 | -€62,392 | -9.0% |
| Amounts receivable after more than one year | 29 | €15,000 | €15,000 | = | 0.0% |
| Other amounts receivable | 291 | €15,000 | €15,000 | = | 0.0% |
| Stocks and contracts in progress | 3 | €448,262 | €459,584 | +€11,322 | +2.5% |
| Stocks | 30/36 | €448,262 | €459,584 | +€11,322 | +2.5% |
| Amounts receivable within one year | 40/41 | €18,811 | €49,789 | +€30,977 | +165% |
| Trade receivables | 40 | €5,414 | €34,129 | +€28,714 | +530% |
| Other amounts receivable | 41 | €13,397 | €15,660 | +€2,263 | +16.9% |
| Cash at bank and in hand | 54/58 | €206,301 | €101,953 | -€104,347 | -50.6% |
| Deferred charges and accrued income | 490/1 | €1,642 | €1,298 | -€344 | -20.9% |
| Total equity and liabilities | 10/49 | €772,605 | €697,514 | -€75,091 | -9.7% |
| Equity | 10/15 | €594,497 | €641,140 | +€46,643 | +7.8% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €575,897 | €622,540 | +€46,643 | +8.1% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | = | 0.0% |
| Distributable reserves | 133 | €574,038 | €620,681 | +€46,643 | +8.1% |
| Amounts payable | 17/49 | €178,108 | €56,374 | -€121,734 | -68.3% |
| Amounts payable after more than one year | 17 | €2,653 | - | -€2,653 | |
| Financial debts | 170/4 | €2,653 | - | -€2,653 | |
| Amounts payable within one year | 42/48 | €175,455 | €56,374 | -€119,081 | -67.9% |
| Current portion of amounts payable after more than one year | 42 | €12,848 | €6,018 | -€6,830 | -53.2% |
| Trade debts | 44 | €54,678 | €2,005 | -€52,674 | -96.3% |
| Suppliers | 440/4 | €54,678 | €2,005 | -€52,674 | -96.3% |
| Advances received on contracts in progress | 46 | €10,000 | €2,500 | -€7,500 | -75.0% |
| Taxes, remuneration and social security | 45 | €11,212 | €10,448 | -€763 | -6.8% |
| Taxes | 450/3 | €7,497 | €10,448 | +€2,951 | +39.4% |
| Remuneration and social security | 454/9 | €3,715 | - | -€3,715 | |
| Other amounts payable | 47/48 | €86,717 | €35,403 | -€51,314 | -59.2% |
| Remuneration, social security and pensions | 62 | €3,249 | - | -€3,249 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €17,253 | €25,621 | +€8,368 | +48.5% |
| Other operating charges | 640/8 | €5,101 | €5,126 | +€25 | +0.5% |
| Non-recurring operating charges | 66A | €4,720 | - | -€4,720 | |
| Gross operating margin | 9900 | €145,561 | €102,017 | -€43,544 | -29.9% |
| Operating profit (loss) | 9901 | €115,238 | €71,270 | -€43,968 | -38.2% |
| Financial income | 75/76B | €150 | €103 | -€47 | -31.2% |
| Recurring financial income | 75 | €150 | €103 | -€47 | -31.2% |
| Financial charges | 65/66B | €1,162 | €951 | -€211 | -18.2% |
| Recurring financial charges | 65 | €1,162 | €951 | -€211 | -18.2% |
| Profit (loss) for the period before taxes | 9903 | €114,227 | €70,423 | -€43,804 | -38.3% |
| Income taxes | 67/77 | €31,307 | €19,279 | -€12,028 | -38.4% |
| Profit (loss) for the period | 9904 | €82,919 | €51,143 | -€31,776 | -38.3% |
| Profit (loss) for the period to be appropriated | 9905 | €82,919 | €51,143 | -€31,776 | -38.3% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 21 October 2026 via checked.be.