Borsellino Car: what changed
Borsellino Car
Largest movements
- Stocks and contracts +€273,611
up €273,611 (+349%), from €78,450 to €352,061
- Cash +€97,307
up €97,307 (+418%), from €23,273 to €120,580
mainly Debts after one year (+€240,199) and Short-term financial debts (+€75,000)
- Receivables within one year -€25,728
down €25,728 (-25.5%), from €100,948 to €75,220
of which Trade receivables: -€84,913
- Debts after one year +€240,199
up €240,199 (+154%), from €156,293 to €396,492
- Short-term financial debts +€75,000
new in 2025: €75,000
- Trade debts +€24,262
up €24,262 (+1,088%), from €2,231 to €26,493
- Reserves +€13,636
up €13,636 (+234%), from €5,825 to €19,461
- Tax, wage and social debts -€7,907
down €7,907 (-59.4%), from €13,322 to €5,415
- Gross operating margin -€29,360
down €29,360 (-59.6%), from €49,265 to €19,905
- Taxes -€7,861
down €7,861 (-59.2%), from €13,276 to €5,415
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €202,671 | €547,861 | +€345,190 | +170% |
| Current assets | 29/58 | €202,671 | €547,861 | +€345,190 | +170% |
| Stocks and contracts in progress | 3 | €78,450 | €352,061 | +€273,611 | +349% |
| Stocks | 30/36 | €78,450 | €352,061 | +€273,611 | +349% |
| Amounts receivable within one year | 40/41 | €100,948 | €75,220 | -€25,728 | -25.5% |
| Trade receivables | 40 | €86,307 | €1,395 | -€84,913 | -98.4% |
| Other amounts receivable | 41 | €14,641 | €73,826 | +€59,184 | +404% |
| Cash at bank and in hand | 54/58 | €23,273 | €120,580 | +€97,307 | +418% |
| Total equity and liabilities | 10/49 | €202,671 | €547,861 | +€345,190 | +170% |
| Equity | 10/15 | €30,825 | €44,461 | +€13,636 | +44.2% |
| Contributions | 10/11 | €25,000 | €25,000 | = | 0.0% |
| Reserves | 13 | €5,825 | €19,461 | +€13,636 | +234% |
| Distributable reserves | 133 | €5,825 | €19,461 | +€13,636 | +234% |
| Amounts payable | 17/49 | €171,846 | €503,400 | +€331,554 | +193% |
| Amounts payable after more than one year | 17 | €156,293 | €396,492 | +€240,199 | +154% |
| Other amounts payable | 178/9 | €156,293 | €396,492 | +€240,199 | +154% |
| Amounts payable within one year | 42/48 | €15,553 | €106,908 | +€91,355 | +587% |
| Financial debts | 43 | - | €75,000 | +€75,000 | |
| Credit institutions | 430/8 | - | €75,000 | +€75,000 | |
| Trade debts | 44 | €2,231 | €26,493 | +€24,262 | +1,088% |
| Suppliers | 440/4 | €2,231 | €26,493 | +€24,262 | +1,088% |
| Taxes, remuneration and social security | 45 | €13,322 | €5,415 | -€7,907 | -59.4% |
| Taxes | 450/3 | €13,322 | €5,415 | -€7,907 | -59.4% |
| Other operating charges | 640/8 | €241 | €280 | +€39 | +16.1% |
| Gross operating margin | 9900 | €49,265 | €19,905 | -€29,360 | -59.6% |
| Operating profit (loss) | 9901 | €49,024 | €19,625 | -€29,399 | -60.0% |
| Financial charges | 65/66B | €135 | €574 | +€439 | +326% |
| Recurring financial charges | 65 | €135 | €574 | +€439 | +326% |
| Profit (loss) for the period before taxes | 9903 | €48,890 | €19,051 | -€29,839 | -61.0% |
| Income taxes | 67/77 | €13,276 | €5,415 | -€7,861 | -59.2% |
| Profit (loss) for the period | 9904 | €35,614 | €13,636 | -€21,978 | -61.7% |
| Profit (loss) for the period to be appropriated | 9905 | €35,614 | €13,636 | -€21,978 | -61.7% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 7 November 2026 via checked.be.