AUTOGLAS KURT: 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.
AUTOGLAS KURT
Largest movements
- Tangible fixed assets +€730,100
up €730,100 (+1,002%), from €72,860 to €802,960
of which Land and buildings: +€436,896
- Receivables within one year -€57,021
down €57,021 (-43.3%), from €131,804 to €74,783
of which Trade receivables: -€40,419
- Cash +€50,037
up €50,037 (+29.6%), from €168,833 to €218,870
mainly Debts after one year (+€589,033) and Other debts (+€220,140)
- Debts after one year +€589,033
up €589,033 (+1,537%), from €38,318 to €627,350
- Other debts +€220,140
up €220,140 (+11,778%), from €1,869 to €222,009
- Reserves -€38,509
down €38,509 (-17.5%), from €219,960 to €181,451
- Trade debts -€29,951
down €29,951 (-43.6%), from €68,675 to €38,724
- Gross operating margin -€126,813
down €126,813 (-33.8%), from €374,714 to €247,901
- Taxes -€35,623
down €35,623 (-84.4%), from €42,231 to €6,609
- Depreciation +€10,632
up €10,632 (+28.7%), from €37,079 to €47,711
- Financial charges +€6,283
up €6,283 (+53.1%), from €11,842 to €18,125
- Staff costs +€4,362
up €4,362 (+3.0%), from €146,090 to €150,452
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 | €395,562 | €1,118,836 | +€723,274 | +183% |
| Fixed assets | 21/28 | €77,610 | €808,710 | +€731,100 | +942% |
| Tangible fixed assets | 22/27 | €72,860 | €802,960 | +€730,100 | +1,002% |
| Land and buildings | 22 | €35,406 | €472,302 | +€436,896 | +1,234% |
| Plant, machinery and equipment | 23 | €20,287 | €11,055 | -€9,232 | -45.5% |
| Furniture and vehicles | 24 | €0 | €4,446 | +€4,446 | |
| Leasing and similar rights | 25 | €17,166 | €61,740 | +€44,574 | +260% |
| Assets under construction and advance payments | 27 | - | €253,417 | +€253,417 | |
| Financial fixed assets | 28 | €4,750 | €5,750 | +€1,000 | +21.1% |
| Current assets | 29/58 | €317,953 | €310,126 | -€7,827 | -2.5% |
| Stocks and contracts in progress | 3 | €11,945 | €14,012 | +€2,067 | +17.3% |
| Stocks | 30/36 | €11,945 | €14,012 | +€2,067 | +17.3% |
| Amounts receivable within one year | 40/41 | €131,804 | €74,783 | -€57,021 | -43.3% |
| Trade receivables | 40 | €112,385 | €71,966 | -€40,419 | -36.0% |
| Other amounts receivable | 41 | €19,419 | €2,817 | -€16,602 | -85.5% |
| Cash at bank and in hand | 54/58 | €168,833 | €218,870 | +€50,037 | +29.6% |
| Deferred charges and accrued income | 490/1 | €5,371 | €2,462 | -€2,910 | -54.2% |
| Total equity and liabilities | 10/49 | €395,562 | €1,118,836 | +€723,274 | +183% |
| Equity | 10/15 | €231,060 | €192,551 | -€38,509 | -16.7% |
| Contributions | 10/11 | €11,100 | €11,100 | = | 0.0% |
| Reserves | 13 | €219,960 | €181,451 | -€38,509 | -17.5% |
| Distributable reserves | 133 | €219,960 | €181,451 | -€38,509 | -17.5% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €164,503 | €926,285 | +€761,782 | +463% |
| Amounts payable after more than one year | 17 | €38,318 | €627,350 | +€589,033 | +1,537% |
| Financial debts | 170/4 | €38,318 | €627,350 | +€589,033 | +1,537% |
| Amounts payable within one year | 42/48 | €126,185 | €298,935 | +€172,749 | +137% |
| Current portion of amounts payable after more than one year | 42 | €28,820 | €21,395 | -€7,425 | -25.8% |
| Trade debts | 44 | €68,675 | €38,724 | -€29,951 | -43.6% |
| Suppliers | 440/4 | €68,675 | €38,724 | -€29,951 | -43.6% |
| Taxes, remuneration and social security | 45 | €26,821 | €16,807 | -€10,014 | -37.3% |
| Taxes | 450/3 | €4,364 | €1,609 | -€2,755 | -63.1% |
| Remuneration and social security | 454/9 | €22,457 | €15,198 | -€7,259 | -32.3% |
| Other amounts payable | 47/48 | €1,869 | €222,009 | +€220,140 | +11,778% |
| Non-recurring operating income | 76A | €7,851 | €0 | -€7,851 | -100% |
| Remuneration, social security and pensions | 62 | €146,090 | €150,452 | +€4,362 | +3.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €37,079 | €47,711 | +€10,632 | +28.7% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €1,151 | €1,101 | -€50 | -4.3% |
| Other operating charges | 640/8 | €12,142 | €15,978 | +€3,836 | +31.6% |
| Gross operating margin | 9900 | €374,714 | €247,901 | -€126,813 | -33.8% |
| Operating profit (loss) | 9901 | €178,252 | €32,659 | -€145,594 | -81.7% |
| Financial income | 75/76B | €2,148 | €2,084 | -€64 | -3.0% |
| Recurring financial income | 75 | €2,148 | €2,084 | -€64 | -3.0% |
| Financial charges | 65/66B | €11,842 | €18,125 | +€6,283 | +53.1% |
| Recurring financial charges | 65 | €11,842 | €18,125 | +€6,283 | +53.1% |
| Profit (loss) for the period before taxes | 9903 | €168,558 | €16,617 | -€151,941 | -90.1% |
| Income taxes | 67/77 | €42,231 | €6,609 | -€35,623 | -84.4% |
| Profit (loss) for the period | 9904 | €126,327 | €10,009 | -€116,318 | -92.1% |
| Profit (loss) for the period to be appropriated | 9905 | €126,327 | €10,009 | -€116,318 | -92.1% |
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 27 October 2026 via checked.be.