Auto's Zebs: 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 Zebs
Largest movements
- Cash +€104,610
up €104,610 (+48.2%), from €216,849 to €321,459
mainly Net result for the year (+€174,634) and Receivables within one year (+€75,544)
- Tangible fixed assets -€81,586
down €81,586 (-11.9%), from €687,809 to €606,223
of which Leasing and similar rights: -€43,370
- Receivables within one year -€75,544
down €75,544 (-22.6%), from €333,959 to €258,415
of which Other amounts receivable: -€55,500
- Stocks and contracts +€66,340
up €66,340 (+20.5%), from €323,284 to €389,624
- Reserves +€100,000
up €100,000 (+50.0%), from €200,000 to €300,000
- Profit (loss) carried forward +€74,634
up €74,634 (+28.0%), from €266,356 to €340,991
- Debts after one year -€71,125
down €71,125 (-14.2%), from €502,421 to €431,296
- Other debts -€51,096
down €51,096 (-46.1%), from €110,811 to €59,715
- Current portion of long-term debt -€23,493
down €23,493 (-6.2%), from €376,282 to €352,789
- Staff costs +€68,321
up €68,321 (+114%), from €59,893 to €128,214
- Gross operating margin +€56,140
up €56,140 (+14.0%), from €400,939 to €457,079
- Depreciation -€11,564
down €11,564 (-20.6%), from €56,270 to €44,706
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 | €1,564,978 | €1,579,986 | +€15,007 | +1.0% |
| Fixed assets | 21/28 | €687,809 | €606,223 | -€81,586 | -11.9% |
| Tangible fixed assets | 22/27 | €687,809 | €606,223 | -€81,586 | -11.9% |
| Land and buildings | 22 | €609,483 | €580,091 | -€29,393 | -4.8% |
| Plant, machinery and equipment | 23 | €14,987 | €8,726 | -€6,262 | -41.8% |
| Furniture and vehicles | 24 | €11,315 | €8,753 | -€2,562 | -22.6% |
| Leasing and similar rights | 25 | €52,022 | €8,653 | -€43,370 | -83.4% |
| Current assets | 29/58 | €877,170 | €973,763 | +€96,593 | +11.0% |
| Stocks and contracts in progress | 3 | €323,284 | €389,624 | +€66,340 | +20.5% |
| Stocks | 30/36 | €323,284 | €389,624 | +€66,340 | +20.5% |
| Amounts receivable within one year | 40/41 | €333,959 | €258,415 | -€75,544 | -22.6% |
| Trade receivables | 40 | €54,959 | €34,915 | -€20,044 | -36.5% |
| Other amounts receivable | 41 | €279,000 | €223,500 | -€55,500 | -19.9% |
| Cash at bank and in hand | 54/58 | €216,849 | €321,459 | +€104,610 | +48.2% |
| Deferred charges and accrued income | 490/1 | €3,078 | €4,265 | +€1,187 | +38.6% |
| Total equity and liabilities | 10/49 | €1,564,978 | €1,579,986 | +€15,007 | +1.0% |
| Equity | 10/15 | €526,356 | €700,991 | +€174,634 | +33.2% |
| Contributions | 10/11 | €60,000 | €60,000 | = | 0.0% |
| Reserves | 13 | €200,000 | €300,000 | +€100,000 | +50.0% |
| Distributable reserves | 133 | €200,000 | €300,000 | +€100,000 | +50.0% |
| Profit (loss) carried forward | 14 | €266,356 | €340,991 | +€74,634 | +28.0% |
| Amounts payable | 17/49 | €1,038,622 | €878,995 | -€159,627 | -15.4% |
| Amounts payable after more than one year | 17 | €502,421 | €431,296 | -€71,125 | -14.2% |
| Financial debts | 170/4 | €502,421 | €431,296 | -€71,125 | -14.2% |
| Amounts payable within one year | 42/48 | €536,201 | €447,699 | -€88,502 | -16.5% |
| Current portion of amounts payable after more than one year | 42 | €376,282 | €352,789 | -€23,493 | -6.2% |
| Trade debts | 44 | €10,051 | €2,214 | -€7,837 | -78.0% |
| Suppliers | 440/4 | €10,051 | €2,214 | -€7,837 | -78.0% |
| Taxes, remuneration and social security | 45 | €39,057 | €32,981 | -€6,076 | -15.6% |
| Taxes | 450/3 | €38,956 | €26,792 | -€12,165 | -31.2% |
| Remuneration and social security | 454/9 | €101 | €6,190 | +€6,089 | +6,028% |
| Other amounts payable | 47/48 | €110,811 | €59,715 | -€51,096 | -46.1% |
| Remuneration, social security and pensions | 62 | €59,893 | €128,214 | +€68,321 | +114% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €56,270 | €44,706 | -€11,564 | -20.6% |
| Other operating charges | 640/8 | €7,448 | €8,930 | +€1,482 | +19.9% |
| Gross operating margin | 9900 | €400,939 | €457,079 | +€56,140 | +14.0% |
| Operating profit (loss) | 9901 | €277,328 | €275,229 | -€2,099 | -0.8% |
| Financial income | 75/76B | €61 | €1 | -€59 | -97.6% |
| Recurring financial income | 75 | €61 | €1 | -€59 | -97.6% |
| Financial charges | 65/66B | €37,374 | €33,566 | -€3,807 | -10.2% |
| Recurring financial charges | 65 | €37,374 | €33,566 | -€3,807 | -10.2% |
| Profit (loss) for the period before taxes | 9903 | €240,015 | €241,664 | +€1,649 | +0.7% |
| Income taxes | 67/77 | €66,966 | €67,030 | +€64 | +0.1% |
| Profit (loss) for the period | 9904 | €173,049 | €174,634 | +€1,586 | +0.9% |
| Profit (loss) for the period to be appropriated | 9905 | €173,049 | €174,634 | +€1,586 | +0.9% |
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 23 October 2026 via checked.be.