AUTOCARS GORSELE: 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.
AUTOCARS GORSELE
Largest movements
- Tangible fixed assets +€442,094
up €442,094 (+27.3%), from €1.6m to €2.1m
of which Land and buildings: +€475,522
- Receivables after one year -€358,500
down €358,500 (-100%), from €358,500 to €0
- Receivables within one year -€178,178
down €178,178 (-11.9%), from €1.5m to €1.3m
of which Trade receivables: -€230,773
- Cash -€155,780
down €155,780 (-48.9%), from €318,337 to €162,557
mainly Investment in fixed assets (net) (-€745,971) and Trade debts (-€679,764)
- Trade debts -€679,764
down €679,764 (-65.4%), from €1.0m to €359,286
- Reserves +€631,326
up €631,326 (+32.7%), from €1.9m to €2.6m
of which Distributable reserves: +€631,326
- Debts after one year -€96,818
down €96,818 (-55.8%), from €173,663 to €76,845
of which Financial debts: -€100,618
- Current portion of long-term debt -€70,464
down €70,464 (-19.5%), from €360,574 to €290,110
- Tax, wage and social debts -€51,990
down €51,990 (-16.2%), from €321,725 to €269,735
of which Taxes: -€37,303
- Gross operating margin +€359,027
up €359,027 (+10.9%), from €3.3m to €3.7m
- Depreciation +€111,810
up €111,810 (+58.2%), from €192,067 to €303,876
- Taxes +€60,454
up €60,454 (+19.7%), from €307,065 to €367,519
- Staff costs -€58,739
down €58,739 (-3.2%), from €1.8m to €1.7m
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 | €3,846,359 | €3,582,969 | -€263,390 | -6.8% |
| Fixed assets | 21/28 | €1,639,285 | €2,081,379 | +€442,094 | +27.0% |
| Tangible fixed assets | 22/27 | €1,618,513 | €2,060,607 | +€442,094 | +27.3% |
| Land and buildings | 22 | €682,927 | €1,158,449 | +€475,522 | +69.6% |
| Plant, machinery and equipment | 23 | €10,096 | €22,122 | +€12,025 | +119% |
| Furniture and vehicles | 24 | €925,490 | €880,037 | -€45,453 | -4.9% |
| Financial fixed assets | 28 | €20,772 | €20,772 | = | 0.0% |
| Current assets | 29/58 | €2,207,074 | €1,501,589 | -€705,484 | -32.0% |
| Amounts receivable after more than one year | 29 | €358,500 | €0 | -€358,500 | -100% |
| Other amounts receivable | 291 | €358,500 | €0 | -€358,500 | -100% |
| Amounts receivable within one year | 40/41 | €1,503,414 | €1,325,236 | -€178,178 | -11.9% |
| Trade receivables | 40 | €1,460,399 | €1,229,626 | -€230,773 | -15.8% |
| Other amounts receivable | 41 | €43,015 | €95,609 | +€52,595 | +122% |
| Cash at bank and in hand | 54/58 | €318,337 | €162,557 | -€155,780 | -48.9% |
| Deferred charges and accrued income | 490/1 | €26,823 | €13,797 | -€13,026 | -48.6% |
| Total equity and liabilities | 10/49 | €3,846,359 | €3,582,969 | -€263,390 | -6.8% |
| Equity | 10/15 | €1,949,847 | €2,581,173 | +€631,326 | +32.4% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €1,931,255 | €2,562,581 | +€631,326 | +32.7% |
| Tax-exempt reserves | 132 | €0 | - | = | |
| Distributable reserves | 133 | €1,931,255 | €2,562,581 | +€631,326 | +32.7% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €1,896,511 | €1,001,796 | -€894,716 | -47.2% |
| Amounts payable after more than one year | 17 | €173,663 | €76,845 | -€96,818 | -55.8% |
| Financial debts | 170/4 | €170,963 | €70,345 | -€100,618 | -58.9% |
| Other amounts payable | 178/9 | €2,700 | €6,500 | +€3,800 | +141% |
| Amounts payable within one year | 42/48 | €1,721,348 | €924,926 | -€796,423 | -46.3% |
| Current portion of amounts payable after more than one year | 42 | €360,574 | €290,110 | -€70,464 | -19.5% |
| Financial debts | 43 | - | €3,793 | +€3,793 | |
| Credit institutions | 430/8 | - | €3,793 | +€3,793 | |
| Trade debts | 44 | €1,039,050 | €359,286 | -€679,764 | -65.4% |
| Suppliers | 440/4 | €1,039,050 | €359,286 | -€679,764 | -65.4% |
| Taxes, remuneration and social security | 45 | €321,725 | €269,735 | -€51,990 | -16.2% |
| Taxes | 450/3 | €91,422 | €54,119 | -€37,303 | -40.8% |
| Remuneration and social security | 454/9 | €230,303 | €215,616 | -€14,687 | -6.4% |
| Other amounts payable | 47/48 | - | €2,002 | +€2,002 | |
| Accrued charges and deferred income | 492/3 | €1,500 | €25 | -€1,475 | -98.3% |
| Non-recurring operating income | 76A | €8,222 | €1,708 | -€6,514 | -79.2% |
| Remuneration, social security and pensions | 62 | €1,808,604 | €1,749,865 | -€58,739 | -3.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €192,067 | €303,876 | +€111,810 | +58.2% |
| Other operating charges | 640/8 | €47,625 | €50,684 | +€3,060 | +6.4% |
| Non-recurring operating charges | 66A | €68 | €35,532 | +€35,465 | +52,486% |
| Gross operating margin | 9900 | €3,294,913 | €3,653,939 | +€359,027 | +10.9% |
| Operating profit (loss) | 9901 | €1,246,549 | €1,513,981 | +€267,432 | +21.5% |
| Financial income | 75/76B | €589 | €15 | -€574 | -97.4% |
| Recurring financial income | 75 | €589 | €15 | -€574 | -97.4% |
| Financial charges | 65/66B | €63,079 | €75,653 | +€12,574 | +19.9% |
| Recurring financial charges | 65 | €63,079 | €75,653 | +€12,574 | +19.9% |
| Profit (loss) for the period before taxes | 9903 | €1,184,060 | €1,438,344 | +€254,285 | +21.5% |
| Income taxes | 67/77 | €307,065 | €367,519 | +€60,454 | +19.7% |
| Profit (loss) for the period | 9904 | €876,995 | €1,070,826 | +€193,831 | +22.1% |
| Transfer from tax-exempt reserves | 789 | €84,200 | €0 | -€84,200 | -100% |
| Profit (loss) for the period to be appropriated | 9905 | €961,195 | €1,070,826 | +€109,631 | +11.4% |
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 14 October 2026 via checked.be.