AUTO-VEPE: 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-VEPE
Largest movements
- Tangible fixed assets +€30,371
up €30,371 (+989%), from €3,071 to €33,442
of which Furniture and vehicles: +€30,592
- Receivables within one year -€5,511
down €5,511 (-52.2%), from €10,553 to €5,042
of which Trade receivables: -€3,536
- Cash +€3,623
up €3,623 (+10.9%), from €33,342 to €36,964
mainly Debts after one year (+€13,436) and Net result for the year (+€11,652)
- Stocks and contracts +€2,138
up €2,138 (+7.1%), from €30,256 to €32,394
- Debts after one year +€13,436
up €13,436 (+263%), from €5,101 to €18,537
- Reserves +€8,792
up €8,792 (+32.2%), from €27,263 to €36,055
- Current portion of long-term debt +€5,588
up €5,588 (+120%), from €4,639 to €10,227
- Trade debts +€4,434
up €4,434 (+29.9%), from €14,839 to €19,273
- Other debts -€2,387
down €2,387 (-76.8%), from €3,107 to €719
- Purchases and services -€14,605
down €14,605 (-5.7%), from €258,084 to €243,479
- Depreciation +€8,929
up €8,929 (+439%), from €2,033 to €10,963
- Gross operating margin +€7,054
up €7,054 (+30.5%), from €23,116 to €30,170
- Financial charges -€2,591
down €2,591 (-52.3%), from €4,955 to €2,364
- Other operating charges +€1,288
up €1,288 (+274%), from €470 to €1,758
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 | €78,217 | €108,989 | +€30,772 | +39.3% |
| Fixed assets | 21/28 | €3,071 | €33,442 | +€30,371 | +989% |
| Tangible fixed assets | 22/27 | €3,071 | €33,442 | +€30,371 | +989% |
| Plant, machinery and equipment | 23 | €2,946 | €2,725 | -€221 | -7.5% |
| Furniture and vehicles | 24 | €125 | €30,717 | +€30,592 | +24,452% |
| Current assets | 29/58 | €75,146 | €75,547 | +€401 | +0.5% |
| Stocks and contracts in progress | 3 | €30,256 | €32,394 | +€2,138 | +7.1% |
| Stocks | 30/36 | €30,256 | €32,394 | +€2,138 | +7.1% |
| Amounts receivable within one year | 40/41 | €10,553 | €5,042 | -€5,511 | -52.2% |
| Trade receivables | 40 | €8,578 | €5,042 | -€3,536 | -41.2% |
| Other amounts receivable | 41 | €1,975 | - | -€1,975 | |
| Cash at bank and in hand | 54/58 | €33,342 | €36,964 | +€3,623 | +10.9% |
| Deferred charges and accrued income | 490/1 | €995 | €1,146 | +€151 | +15.2% |
| Total equity and liabilities | 10/49 | €78,217 | €108,989 | +€30,772 | +39.3% |
| Equity | 10/15 | €45,863 | €54,655 | +€8,792 | +19.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Capital | 10 | €18,600 | €18,600 | = | 0.0% |
| Issued capital | 100 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €27,263 | €36,055 | +€8,792 | +32.2% |
| Distributable reserves | 133 | €27,263 | €36,055 | +€8,792 | +32.2% |
| Amounts payable | 17/49 | €32,354 | €54,334 | +€21,980 | +67.9% |
| Amounts payable after more than one year | 17 | €5,101 | €18,537 | +€13,436 | +263% |
| Financial debts | 170/4 | €5,101 | €18,537 | +€13,436 | +263% |
| Amounts payable within one year | 42/48 | €27,253 | €35,797 | +€8,544 | +31.4% |
| Current portion of amounts payable after more than one year | 42 | €4,639 | €10,227 | +€5,588 | +120% |
| Trade debts | 44 | €14,839 | €19,273 | +€4,434 | +29.9% |
| Suppliers | 440/4 | €14,839 | €19,273 | +€4,434 | +29.9% |
| Taxes, remuneration and social security | 45 | €4,668 | €5,578 | +€910 | +19.5% |
| Taxes | 450/3 | €4,668 | €5,578 | +€910 | +19.5% |
| Other amounts payable | 47/48 | €3,107 | €719 | -€2,387 | -76.8% |
| Goods, raw materials, services and sundry goods | 60/61 | €258,084 | €243,479 | -€14,605 | -5.7% |
| Remuneration, social security and pensions | 62 | €291 | €85 | -€207 | -70.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,033 | €10,963 | +€8,929 | +439% |
| Other operating charges | 640/8 | €470 | €1,758 | +€1,288 | +274% |
| Gross operating margin | 9900 | €23,116 | €30,170 | +€7,054 | +30.5% |
| Operating profit (loss) | 9901 | €20,321 | €17,365 | -€2,957 | -14.5% |
| Financial income | 75/76B | €671 | €680 | +€9 | +1.3% |
| Recurring financial income | 75 | €671 | €680 | +€9 | +1.3% |
| Financial charges | 65/66B | €4,955 | €2,364 | -€2,591 | -52.3% |
| Recurring financial charges | 65 | €4,955 | €2,364 | -€2,591 | -52.3% |
| Profit (loss) for the period before taxes | 9903 | €16,037 | €15,681 | -€357 | -2.2% |
| Income taxes | 67/77 | €4,406 | €4,029 | -€377 | -8.6% |
| Profit (loss) for the period | 9904 | €11,631 | €11,652 | +€21 | +0.2% |
| Profit (loss) for the period to be appropriated | 9905 | €11,631 | €11,652 | +€21 | +0.2% |
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.