AUTO'S MAVEAU: what changed
AUTO'S MAVEAU
Largest movements
- Cash -€152,604
down €152,604 (-67.2%), from €227,002 to €74,398
mainly Debts after one year (-€291,802) and Contributions, distributions and other (-€81,209)
- Tangible fixed assets -€70,264
down €70,264 (-9.5%), from €739,016 to €668,752
of which Land and buildings: -€47,837
- Receivables within one year +€38,238
up €38,238 (+335%), from €11,423 to €49,661
of which Trade receivables: +€38,204
- Stocks and contracts +€29,626
up €29,626 (+7.0%), from €425,476 to €455,102
- Financial fixed assets -€21,110
down €21,110 (-100%), from €21,110 to €0
- Debts after one year -€291,802
down €291,802 (-44.3%), from €658,240 to €366,438
of which Other amounts payable: -€300,000
- Other debts +€61,018
up €61,018 (+109%), from €56,177 to €117,195
- Trade debts +€30,226
up €30,226 (+132%), from €22,897 to €53,123
- Current portion of long-term debt +€29,412
up €29,412 (+53.1%), from €55,348 to €84,761
- Reserves +€21,961
up €21,961 (+4.1%), from €539,873 to €561,834
of which Distributable reserves: +€40,417
- Gross operating margin +€23,815
up €23,815 (+7.5%), from €318,952 to €342,767
- Financial charges -€19,610
down €19,610 (-46.6%), from €42,109 to €22,499
- Taxes +€16,516
up €16,516 (+45.4%), from €36,409 to €52,925
- Other operating charges +€8,842
up €8,842 (+36.7%), from €24,102 to €32,944
- Depreciation -€4,132
down €4,132 (-4.8%), from €86,667 to €82,535
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,424,027 | €1,247,914 | -€176,113 | -12.4% |
| Fixed assets | 21/28 | €760,126 | €668,752 | -€91,374 | -12.0% |
| Tangible fixed assets | 22/27 | €739,016 | €668,752 | -€70,264 | -9.5% |
| Land and buildings | 22 | €673,068 | €625,231 | -€47,837 | -7.1% |
| Plant, machinery and equipment | 23 | €5,794 | €7,880 | +€2,085 | +36.0% |
| Furniture and vehicles | 24 | €60,153 | €35,641 | -€24,513 | -40.8% |
| Financial fixed assets | 28 | €21,110 | €0 | -€21,110 | -100% |
| Current assets | 29/58 | €663,902 | €579,162 | -€84,740 | -12.8% |
| Stocks and contracts in progress | 3 | €425,476 | €455,102 | +€29,626 | +7.0% |
| Stocks | 30/36 | €425,476 | €455,102 | +€29,626 | +7.0% |
| Amounts receivable within one year | 40/41 | €11,423 | €49,661 | +€38,238 | +335% |
| Trade receivables | 40 | €11,423 | €49,627 | +€38,204 | +334% |
| Other amounts receivable | 41 | - | €34 | +€34 | |
| Cash at bank and in hand | 54/58 | €227,002 | €74,398 | -€152,604 | -67.2% |
| Total equity and liabilities | 10/49 | €1,424,027 | €1,247,914 | -€176,113 | -12.4% |
| Equity | 10/15 | €558,473 | €580,434 | +€21,961 | +3.9% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €539,873 | €561,834 | +€21,961 | +4.1% |
| Non-distributable reserves | 130/1 | €1,860 | €0 | -€1,860 | -100% |
| Other | 1319 | €1,860 | €0 | -€1,860 | -100% |
| Tax-exempt reserves | 132 | €61,884 | €45,288 | -€16,596 | -26.8% |
| Distributable reserves | 133 | €476,129 | €516,546 | +€40,417 | +8.5% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €865,554 | €667,480 | -€198,074 | -22.9% |
| Amounts payable after more than one year | 17 | €658,240 | €366,438 | -€291,802 | -44.3% |
| Financial debts | 170/4 | €358,240 | €366,438 | +€8,198 | +2.3% |
| Other amounts payable | 178/9 | €300,000 | €0 | -€300,000 | -100% |
| Amounts payable within one year | 42/48 | €183,314 | €296,804 | +€113,491 | +61.9% |
| Current portion of amounts payable after more than one year | 42 | €55,348 | €84,761 | +€29,412 | +53.1% |
| Trade debts | 44 | €22,897 | €53,123 | +€30,226 | +132% |
| Suppliers | 440/4 | €22,897 | €53,123 | +€30,226 | +132% |
| Taxes, remuneration and social security | 45 | €48,892 | €41,725 | -€7,167 | -14.7% |
| Taxes | 450/3 | €39,556 | €35,825 | -€3,731 | -9.4% |
| Remuneration and social security | 454/9 | €9,336 | €5,900 | -€3,436 | -36.8% |
| Other amounts payable | 47/48 | €56,177 | €117,195 | +€61,018 | +109% |
| Accrued charges and deferred income | 492/3 | €24,000 | €4,237 | -€19,763 | -82.3% |
| Remuneration, social security and pensions | 62 | €47,887 | €49,279 | +€1,393 | +2.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €86,667 | €82,535 | -€4,132 | -4.8% |
| Other operating charges | 640/8 | €24,102 | €32,944 | +€8,842 | +36.7% |
| Gross operating margin | 9900 | €318,952 | €342,767 | +€23,815 | +7.5% |
| Operating profit (loss) | 9901 | €160,296 | €178,009 | +€17,713 | +11.1% |
| Financial income | 75/76B | €1,046 | €585 | -€461 | -44.1% |
| Recurring financial income | 75 | €1,046 | €585 | -€461 | -44.1% |
| Financial charges | 65/66B | €42,109 | €22,499 | -€19,610 | -46.6% |
| Recurring financial charges | 65 | €42,109 | €22,499 | -€19,610 | -46.6% |
| Profit (loss) for the period before taxes | 9903 | €119,233 | €156,095 | +€36,862 | +30.9% |
| Income taxes | 67/77 | €36,409 | €52,925 | +€16,516 | +45.4% |
| Profit (loss) for the period | 9904 | €82,824 | €103,170 | +€20,346 | +24.6% |
| Transfer from tax-exempt reserves | 789 | €1,266 | €16,596 | +€15,330 | +1,211% |
| Profit (loss) for the period to be appropriated | 9905 | €84,090 | €119,766 | +€35,676 | +42.4% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 3 November 2026 via checked.be.