AUTOREDO: 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
AUTOREDO
NACE 77.391, Rental and leasing activities
fiscal year 2022 against 2023filed annual accounts (NBB)
Net result for the year
€1.1m
2022 · €875,548+€182,283
Equity
€4.9m
2022 · €3.9m+€1.1m
Cash
€2.2m
2022 · €2.2m-€51,726
Balance sheet total
€6.4m
2022 · €5.4m+€981,067
Largest movements
Assets
- Receivables within one year +€1.0m
up €1.0m (+32.5%), from €3.2m to €4.2m
of which Other amounts receivable: +€634,261
Equity and liabilities
- Profit (loss) carried forward +€1.1m
up €1.1m (+17.0%), from -€6.2m to -€5.2m
- Trade debts -€128,184
down €128,184 (-11.4%), from €1.1m to €1.0m
Income statement
- Write-downs -€1.2m
new in 2023: -€1.2m
- Financial income -€454,647
down €454,647 (-84.8%), from €536,368 to €81,721
- Other operating income -€357,637
down €357,637 (-30.6%), from €1.2m to €809,504
- Staff costs +€139,520
up €139,520 (+25.7%), from €542,548 to €682,068
- Services and other goods +€82,121
up €82,121 (+44.5%), from €184,475 to €266,596
From the 2022 result to the 2023 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 2022
€875,548
Turnover
-€42,764
Other operating income
-€357,637
Goods and materials
+€44,861
Services and other goods
-€82,121
Staff costs
-€139,520
Depreciation
+€710
Write-downs
+€1.2m
Provisions
-€70,000
Other operating charges
-€6,989
Financial income
-€454,647
Financial charges
+€70,735
Taxes
+€6,156
Result 2023
€1.1m
Cash bridge derived
Derived from the 2022 and 2023 balance sheets and the 2023 result: not a filed cash-flow statement. It shows where the money came from and went.
From operations
-€51,226
Investment
-€500
Financing
€0
Cash 2022
€2.2m
From operations (derived)
-€51,226
Net result for the year
+€1.1m
Depreciation
+€430
Receivables within one year
-€1.0m
Deferred charges and accrued income
+€45
Provisions
+€25,000
Trade debts
-€128,184
Tax, wage and social debts
+€36,359
Accrued charges and deferred income
-€9,940
Investment (derived)
-€500
Investment in fixed assets (net)
-€500
Cash 2023
€2.2m
Every line side by side
| Line | Code | 2022 | 2023 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €5,396,989 | €6,378,056 | +€981,067 | +18.2% |
| Fixed assets | 21/28 | €430 | €500 | +€70 | +16.3% |
| Tangible fixed assets | 22/27 | €430 | - | -€430 | |
| Other tangible fixed assets | 26 | €430 | - | -€430 | |
| Financial fixed assets | 28 | - | €500 | +€500 | |
| Other financial fixed assets | 284/8 | - | €500 | +€500 | |
| Amounts receivable and cash guarantees | 285/8 | - | €500 | +€500 | |
| Current assets | 29/58 | €5,396,559 | €6,377,556 | +€980,997 | +18.2% |
| Amounts receivable within one year | 40/41 | €3,175,451 | €4,208,219 | +€1.0m | +32.5% |
| Trade receivables | 40 | €1,747,535 | €2,146,042 | +€398,507 | +22.8% |
| Other amounts receivable | 41 | €1,427,916 | €2,062,177 | +€634,261 | +44.4% |
| Cash at bank and in hand | 54/58 | €2,218,248 | €2,166,521 | -€51,726 | -2.3% |
| Deferred charges and accrued income | 490/1 | €2,860 | €2,815 | -€45 | -1.6% |
| Total equity and liabilities | 10/49 | €5,396,989 | €6,378,056 | +€981,067 | +18.2% |
| Equity | 10/15 | €3,860,493 | €4,918,324 | +€1.1m | +27.4% |
| Contributions | 10/11 | €555,693 | €555,693 | = | 0.0% |
| Capital | 10 | €555,693 | €555,693 | = | 0.0% |
| Issued capital | 100 | €555,693 | €555,693 | = | 0.0% |
| Reserves | 13 | €9,542,725 | €9,542,725 | = | 0.0% |
| Non-distributable reserves | 130/1 | €55,569 | €55,569 | = | 0.0% |
| Legal reserve | 130 | €55,569 | €55,569 | = | 0.0% |
| Distributable reserves | 133 | €9,487,156 | €9,487,156 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€6,237,925 | -€5,180,093 | +€1.1m | +17.0% |
| Provisions and deferred taxes | 16 | €105,000 | €130,000 | +€25,000 | +23.8% |
| Provisions for liabilities and charges | 160/5 | €105,000 | €130,000 | +€25,000 | +23.8% |
| Other liabilities and charges | 164/5 | €105,000 | €130,000 | +€25,000 | +23.8% |
| Amounts payable | 17/49 | €1,431,496 | €1,329,731 | -€101,765 | -7.1% |
| Amounts payable within one year | 42/48 | €1,410,056 | €1,318,231 | -€91,825 | -6.5% |
| Trade debts | 44 | €1,129,276 | €1,001,092 | -€128,184 | -11.4% |
| Suppliers | 440/4 | €1,129,276 | €1,001,092 | -€128,184 | -11.4% |
| Advances received on contracts in progress | 46 | €96,978 | €96,978 | = | 0.0% |
| Taxes, remuneration and social security | 45 | €183,802 | €220,162 | +€36,359 | +19.8% |
| Taxes | 450/3 | €19,960 | €12,876 | -€7,084 | -35.5% |
| Remuneration and social security | 454/9 | €163,843 | €207,286 | +€43,443 | +26.5% |
| Accrued charges and deferred income | 492/3 | €21,440 | €11,500 | -€9,940 | -46.4% |
| Operating income | 70/76A | €2,539,811 | €2,139,410 | -€400,401 | -15.8% |
| Turnover | 70 | €1,372,670 | €1,329,906 | -€42,764 | -3.1% |
| Other operating income | 74 | €1,167,141 | €809,504 | -€357,637 | -30.6% |
| Operating charges | 60/66A | €2,025,213 | €1,064,772 | -€960,441 | -47.4% |
| Goods for resale, raw materials and consumables | 60 | €1,331,560 | €1,286,699 | -€44,861 | -3.4% |
| Purchases | 600/8 | €1,331,560 | €1,286,699 | -€44,861 | -3.4% |
| Services and other goods | 61 | €184,475 | €266,596 | +€82,121 | +44.5% |
| Remuneration, social security and pensions | 62 | €542,548 | €682,068 | +€139,520 | +25.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,140 | €430 | -€710 | -62.3% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | -€1,213,500 | -€1.2m | |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | -€45,000 | €25,000 | +€70,000 | |
| Other operating charges | 640/8 | €10,490 | €17,479 | +€6,989 | +66.6% |
| Operating profit (loss) | 9901 | €514,597 | €1,074,637 | +€560,040 | +108.8% |
| Financial income | 75/76B | €536,368 | €81,721 | -€454,647 | -84.8% |
| Recurring financial income | 75 | €536,368 | €81,721 | -€454,647 | -84.8% |
| Income from financial fixed assets | 750 | - | €33,774 | +€33,774 | |
| Income from current assets | 751 | €29,334 | - | -€29,334 | |
| Other financial income | 752/9 | €507,034 | €47,946 | -€459,088 | -90.5% |
| Financial charges | 65/66B | €170,762 | €100,027 | -€70,735 | -41.4% |
| Recurring financial charges | 65 | €170,762 | €100,027 | -€70,735 | -41.4% |
| Debt charges | 650 | €2,787 | €4,528 | +€1,741 | +62.5% |
| Write-downs on current assets other than stocks, contracts in progress and trade receivables: additions (reversals) | 651 | - | -€583 | -€583 | |
| Other financial charges | 652/9 | €167,975 | €96,082 | -€71,893 | -42.8% |
| Profit (loss) for the period before taxes | 9903 | €880,204 | €1,056,332 | +€176,127 | +20.0% |
| Income taxes | 67/77 | €4,656 | -€1,500 | -€6,156 | |
| Taxes | 670/3 | €4,656 | - | -€4,656 | |
| Tax adjustments and reversals of tax provisions | 77 | - | €1,500 | +€1,500 | |
| Profit (loss) for the period | 9904 | €875,548 | €1,057,832 | +€182,283 | +20.8% |
| Profit (loss) for the period to be appropriated | 9905 | €875,548 | €1,057,832 | +€182,283 | +20.8% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2022 and 31 December 2023. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.