AUTO W.E.B.: 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.
What changed
AUTO W.E.B.
NACE 47.811, Retail sale of cars and light vans (up to 3.5 tonnes)
fiscal year 2023 against 2024filed annual accounts (NBB)
Net result for the year
€972,701
2023 · €1.2m-€230,415
Equity
€3.6m
2023 · €2.8m+€752,070
Cash
€325,677
2023 · €229,214+€96,463
Balance sheet total
€7.3m
2023 · €5.9m+€1.4m
Largest movements
Assets
- Stocks and contracts +€1.2m
up €1.2m (+28.2%), from €4.3m to €5.5m
- Tangible fixed assets +€461,558
up €461,558 (+81.8%), from €564,463 to €1.0m
of which Land and buildings: +€577,942
- Receivables within one year -€231,962
down €231,962 (-42.2%), from €550,011 to €318,049
of which Trade receivables: -€156,140
- Cash +€96,463
up €96,463 (+42.1%), from €229,214 to €325,677
mainly Trade debts (+€1.3m) and Net result for the year (+€972,701)
Equity and liabilities
- Trade debts +€1.3m
up €1.3m (+103.4%), from €1.3m to €2.6m
- Profit (loss) carried forward +€752,701
up €752,701 (+33.3%), from €2.3m to €3.0m
- Short-term financial debts -€300,000
down €300,000 (-100.0%), from €300,000 to €0
- Tax, wage and social debts -€244,443
down €244,443 (-44.5%), from €549,610 to €305,167
of which Taxes: -€287,814
- Debts after one year +€228,852
up €228,852 (+281.4%), from €81,328 to €310,180
Income statement
- Turnover +€2.5m
up €2.5m (+10.7%), from €23.3m to €25.7m
- Goods and materials +€2.4m
up €2.4m (+12.6%), from €19.4m to €21.8m
of which Purchases: +€3.3m
- Staff costs +€293,822
up €293,822 (+23.7%), from €1.2m to €1.5m
From the 2023 result to the 2024 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.
Result 2023
€1.2m
Turnover
+€2.5m
Other operating income
-€4,772
Goods and materials
-€2.4m
Services and other goods
-€61,595
Staff costs
-€293,822
Depreciation
-€15,146
Write-downs
+€110,855
Other operating charges
-€44,674
Other operating items
-€6,950
Financial income
+€8
Financial charges
-€41,683
Taxes
+€87,002
Deferred taxes and other
-€325
Result 2024
€972,701
Cash bridge derived
Derived from the 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
From operations
+€902,787
Investment
-€590,485
Financing
-€215,839
Cash 2023
€229,214
From operations (derived)
+€902,787
Net result for the year
+€972,701
Depreciation
+€185,152
Stocks and contracts
-€1.2m
Receivables within one year
+€231,962
Deferred charges and accrued income
+€58,088
Trade debts
+€1.3m
Tax, wage and social debts
-€244,443
Advances received
-€150,762
Other debts
-€210,000
Accrued charges and deferred income
-€25,973
Investment (derived)
-€590,485
Investment in fixed assets (net)
-€590,485
Financing
-€215,839
Debts after one year
+€228,852
Current portion of long-term debt
+€75,940
Short-term financial debts
-€300,000
Contributions, distributions and other
-€220,632
Cash 2024
€325,677
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €5,910,989 | €7,339,392 | +€1.4m | +24.2% |
| Fixed assets | 21/28 | €662,197 | €1,067,530 | +€405,333 | +61.2% |
| Intangible fixed assets | 21 | €97,502 | €41,277 | -€56,225 | -57.7% |
| Tangible fixed assets | 22/27 | €564,463 | €1,026,021 | +€461,558 | +81.8% |
| Land and buildings | 22 | €346,334 | €924,276 | +€577,942 | +166.9% |
| Plant, machinery and equipment | 23 | €26,253 | €37,528 | +€11,275 | +42.9% |
| Furniture and vehicles | 24 | €12,824 | €37,065 | +€24,241 | +189.0% |
| Leasing and similar rights | 25 | €0 | - | = | |
| Other tangible fixed assets | 26 | €34,433 | €27,152 | -€7,281 | -21.1% |
| Assets under construction and advance payments | 27 | €144,619 | €0 | -€144,619 | -100.0% |
| Financial fixed assets | 28 | €232 | €232 | = | 0.0% |
| Other financial fixed assets | 284/8 | €232 | €232 | = | 0.0% |
| Amounts receivable and cash guarantees | 285/8 | €232 | €232 | = | 0.0% |
| Current assets | 29/58 | €5,248,792 | €6,271,862 | +€1.0m | +19.5% |
| Stocks and contracts in progress | 3 | €4,320,146 | €5,536,804 | +€1.2m | +28.2% |
| Stocks | 30/36 | €4,320,146 | €5,536,804 | +€1.2m | +28.2% |
| Work in progress | 32 | €18,466 | €6,690 | -€11,776 | -63.8% |
| Goods purchased for resale | 34 | €4,301,681 | €5,530,114 | +€1.2m | +28.6% |
| Amounts receivable within one year | 40/41 | €550,011 | €318,049 | -€231,962 | -42.2% |
| Trade receivables | 40 | €466,518 | €310,378 | -€156,140 | -33.5% |
| Other amounts receivable | 41 | €83,493 | €7,671 | -€75,822 | -90.8% |
| Cash at bank and in hand | 54/58 | €229,214 | €325,677 | +€96,463 | +42.1% |
| Deferred charges and accrued income | 490/1 | €149,420 | €91,332 | -€58,088 | -38.9% |
| Total equity and liabilities | 10/49 | €5,910,989 | €7,339,392 | +€1.4m | +24.2% |
| Equity | 10/15 | €2,828,695 | €3,580,765 | +€752,070 | +26.6% |
| Contributions | 10/11 | €135,109 | €135,109 | = | 0.0% |
| Capital | 10 | €135,109 | €135,109 | = | 0.0% |
| Issued capital | 100 | €135,109 | €135,109 | = | 0.0% |
| Revaluation surpluses | 12 | €141,114 | €120,955 | -€20,159 | -14.3% |
| Reserves | 13 | €287,424 | €307,584 | +€20,159 | +7.0% |
| Non-distributable reserves | 130/1 | €13,511 | €13,511 | = | 0.0% |
| Legal reserve | 130 | €13,511 | €13,511 | = | 0.0% |
| Distributable reserves | 133 | €273,914 | €294,073 | +€20,159 | +7.4% |
| Profit (loss) carried forward | 14 | €2,263,090 | €3,015,791 | +€752,701 | +33.3% |
| Investment grants | 15 | €1,959 | €1,327 | -€632 | -32.2% |
| Provisions and deferred taxes | 16 | €0 | - | = | |
| Deferred taxes | 168 | €0 | - | = | |
| Amounts payable | 17/49 | €3,082,294 | €3,758,627 | +€676,333 | +21.9% |
| Amounts payable after more than one year | 17 | €81,328 | €310,180 | +€228,852 | +281.4% |
| Financial debts | 170/4 | €81,328 | €310,180 | +€228,852 | +281.4% |
| Leasing and similar obligations | 172 | €0 | - | = | |
| Credit institutions | 173 | €81,328 | €310,180 | +€228,852 | +281.4% |
| Amounts payable within one year | 42/48 | €2,956,594 | €3,430,049 | +€473,454 | +16.0% |
| Current portion of amounts payable after more than one year | 42 | €93,273 | €169,213 | +€75,940 | +81.4% |
| Financial debts | 43 | €300,000 | €0 | -€300,000 | -100.0% |
| Credit institutions | 430/8 | €300,000 | €0 | -€300,000 | -100.0% |
| Trade debts | 44 | €1,259,296 | €2,562,014 | +€1.3m | +103.4% |
| Suppliers | 440/4 | €1,259,296 | €2,562,014 | +€1.3m | +103.4% |
| Advances received on contracts in progress | 46 | €324,416 | €173,654 | -€150,762 | -46.5% |
| Taxes, remuneration and social security | 45 | €549,610 | €305,167 | -€244,443 | -44.5% |
| Taxes | 450/3 | €366,282 | €78,468 | -€287,814 | -78.6% |
| Remuneration and social security | 454/9 | €183,327 | €226,699 | +€43,372 | +23.7% |
| Other amounts payable | 47/48 | €430,000 | €220,000 | -€210,000 | -48.8% |
| Accrued charges and deferred income | 492/3 | €44,371 | €18,398 | -€25,973 | -58.5% |
| Operating income | 70/76A | €23,526,775 | €26,003,623 | +€2.5m | +10.5% |
| Turnover | 70 | €23,252,484 | €25,734,105 | +€2.5m | +10.7% |
| Other operating income | 74 | €274,291 | €269,518 | -€4,772 | -1.7% |
| Operating charges | 60/66A | €21,818,229 | €24,570,493 | +€2.8m | +12.6% |
| Goods for resale, raw materials and consumables | 60 | €19,397,456 | €21,838,389 | +€2.4m | +12.6% |
| Purchases | 600/8 | €19,727,234 | €23,027,581 | +€3.3m | +16.7% |
| Change in stocks: decrease (increase) | 609 | -€329,778 | -€1,189,192 | -€859,414 | -260.6% |
| Services and other goods | 61 | €863,892 | €925,487 | +€61,595 | +7.1% |
| Remuneration, social security and pensions | 62 | €1,240,044 | €1,533,866 | +€293,822 | +23.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €170,005 | €185,152 | +€15,146 | +8.9% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €83,390 | -€27,465 | -€110,855 | |
| Other operating charges | 640/8 | €63,441 | €108,114 | +€44,674 | +70.4% |
| Non-recurring operating charges | 66A | - | €6,950 | +€6,950 | |
| Operating profit (loss) | 9901 | €1,708,546 | €1,433,129 | -€275,417 | -16.1% |
| Financial income | 75/76B | €876 | €884 | +€8 | +0.9% |
| Recurring financial income | 75 | €876 | €884 | +€8 | +0.9% |
| Income from current assets | 751 | - | €45 | +€45 | |
| Other financial income | 752/9 | €876 | €839 | -€37 | -4.2% |
| Financial charges | 65/66B | €76,298 | €117,981 | +€41,683 | +54.6% |
| Recurring financial charges | 65 | €76,298 | €117,981 | +€41,683 | +54.6% |
| Debt charges | 650 | €68,492 | €105,198 | +€36,706 | +53.6% |
| Other financial charges | 652/9 | €7,806 | €12,783 | +€4,976 | +63.7% |
| Profit (loss) for the period before taxes | 9903 | €1,633,124 | €1,316,032 | -€317,092 | -19.4% |
| Transfer from deferred taxes | 780 | €325 | €0 | -€325 | -100.0% |
| Income taxes | 67/77 | €430,332 | €343,331 | -€87,002 | -20.2% |
| Taxes | 670/3 | €430,332 | €343,331 | -€87,002 | -20.2% |
| Profit (loss) for the period | 9904 | €1,203,117 | €972,701 | -€230,415 | -19.2% |
| Profit (loss) for the period to be appropriated | 9905 | €1,203,117 | €972,701 | -€230,415 | -19.2% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.