BPW BENELUX: 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.
What changed
BPW BENELUX
NACE 47.820, Retail sale of motor vehicle parts and accessories
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€240,483
2024 · -€1.9m+€2.2m
Equity
€19.4m
2024 · €19.2m+€180,483
Cash
€3.5m
2024 · €2.6m+€912,200
Balance sheet total
€25.5m
2024 · €27.3m-€1.8m
Largest movements
Assets
- Receivables within one year -€1.5m
down €1.5m (-12.0%), from €12.1m to €10.7m
of which Other amounts receivable: -€2.0m
- Stocks and contracts -€1.1m
down €1.1m (-9.4%), from €11.6m to €10.5m
- Cash +€912,200
up €912,200 (+34.9%), from €2.6m to €3.5m
mainly Receivables within one year (+€1.5m) and Stocks and contracts (+€1.1m)
Equity and liabilities
- Trade debts -€1.3m
down €1.3m (-21.0%), from €6.3m to €5.0m
- Provisions -€863,234
no longer reported in 2025 (was €863,234)
Income statement
- Turnover -€1.7m
down €1.7m (-3.1%), from €55.9m to €54.2m
- Goods and materials -€1.6m
down €1.6m (-3.6%), from €45.6m to €44.0m
of which Purchases: -€4.9m
- Write-downs -€886,695
down €886,695 (-87.9%), from €1.0m to €121,670
- Staff costs +€582,396
up €582,396 (+9.1%), from €6.4m to €7.0m
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.
Result 2024
-€1.9m
Turnover
-€1.7m
Other operating income
-€505,078
Goods and materials
+€1.6m
Services and other goods
+€537,725
Staff costs
-€582,396
Depreciation
-€22,879
Write-downs
+€886,695
Other operating charges
-€17,005
Other operating items
+€1.7m
Financial income
-€68,208
Financial charges
+€260,696
Taxes
+€40,854
Result 2025
€240,483
raises the resultlowers the resultnot broken down further in the accounts
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.
From operations
+€1.1m
Investment
-€82,607
Financing
-€60,000
Cash 2024
€2.6m
From operations (derived)
+€1.1m
Net result for the year
+€240,483
Depreciation
+€284,928
Stocks and contracts
+€1.1m
Receivables within one year
+€1.5m
Deferred charges and accrued income
-€32,547
Provisions
-€863,234
Trade debts
-€1.3m
Tax, wage and social debts
+€205,380
Accrued charges and deferred income
-€8,953
Investment (derived)
-€82,607
Investment in fixed assets (net)
-€82,607
Financing
-€60,000
Contributions, distributions and other
-€60,000
Cash 2025
€3.5m
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €27,275,212 | €25,469,400 | -€1.8m | -6.6% |
| Fixed assets | 21/28 | €924,443 | €722,122 | -€202,321 | -21.9% |
| Intangible fixed assets | 21 | €0 | - | = | |
| Tangible fixed assets | 22/27 | €924,443 | €722,122 | -€202,321 | -21.9% |
| Land and buildings | 22 | €72,602 | €63,864 | -€8,738 | -12.0% |
| Plant, machinery and equipment | 23 | €356,365 | €297,186 | -€59,179 | -16.6% |
| Furniture and vehicles | 24 | €495,476 | €361,072 | -€134,404 | -27.1% |
| Current assets | 29/58 | €26,350,769 | €24,747,278 | -€1.6m | -6.1% |
| Stocks and contracts in progress | 3 | €11,568,939 | €10,481,548 | -€1.1m | -9.4% |
| Stocks | 30/36 | €11,568,939 | €10,481,548 | -€1.1m | -9.4% |
| Goods purchased for resale | 34 | €11,568,939 | €10,481,548 | -€1.1m | -9.4% |
| Amounts receivable within one year | 40/41 | €12,124,629 | €10,663,783 | -€1.5m | -12.0% |
| Trade receivables | 40 | €9,093,987 | €9,596,574 | +€502,586 | +5.5% |
| Other amounts receivable | 41 | €3,030,642 | €1,067,209 | -€2.0m | -64.8% |
| Cash at bank and in hand | 54/58 | €2,611,512 | €3,523,712 | +€912,200 | +34.9% |
| Deferred charges and accrued income | 490/1 | €45,689 | €78,236 | +€32,547 | +71.2% |
| Total equity and liabilities | 10/49 | €27,275,212 | €25,469,400 | -€1.8m | -6.6% |
| Equity | 10/15 | €19,185,564 | €19,366,047 | +€180,483 | +0.9% |
| Contributions | 10/11 | €2,000,000 | €2,000,000 | = | 0.0% |
| Reserves | 13 | €15,550,000 | €15,550,000 | = | 0.0% |
| Non-distributable reserves | 130/1 | €15,550,000 | €15,550,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €15,550,000 | €15,550,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €1,635,564 | €1,816,047 | +€180,483 | +11.0% |
| Provisions and deferred taxes | 16 | €863,234 | - | -€863,234 | |
| Provisions for liabilities and charges | 160/5 | €863,234 | - | -€863,234 | |
| Other liabilities and charges | 164/5 | €863,234 | - | -€863,234 | |
| Amounts payable | 17/49 | €7,226,414 | €6,103,354 | -€1.1m | -15.5% |
| Amounts payable within one year | 42/48 | €7,215,238 | €6,101,130 | -€1.1m | -15.4% |
| Trade debts | 44 | €6,291,124 | €4,971,635 | -€1.3m | -21.0% |
| Suppliers | 440/4 | €6,291,124 | €4,971,635 | -€1.3m | -21.0% |
| Taxes, remuneration and social security | 45 | €864,114 | €1,069,495 | +€205,380 | +23.8% |
| Taxes | 450/3 | €327,917 | €469,202 | +€141,285 | +43.1% |
| Remuneration and social security | 454/9 | €536,198 | €600,293 | +€64,095 | +12.0% |
| Other amounts payable | 47/48 | €60,000 | €60,000 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €11,176 | €2,223 | -€8,953 | -80.1% |
| Operating income | 70/76A | €57,347,282 | €55,132,646 | -€2.2m | -3.9% |
| Turnover | 70 | €55,872,303 | €54,162,745 | -€1.7m | -3.1% |
| Other operating income | 74 | €1,474,979 | €969,901 | -€505,078 | -34.2% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Operating charges | 60/66A | €58,791,434 | €54,629,320 | -€4.2m | -7.1% |
| Goods for resale, raw materials and consumables | 60 | €45,609,927 | €43,976,645 | -€1.6m | -3.6% |
| Purchases | 600/8 | €47,962,870 | €43,069,031 | -€4.9m | -10.2% |
| Change in stocks: decrease (increase) | 609 | -€2,352,944 | €907,614 | +€3.3m | |
| Services and other goods | 61 | €4,541,279 | €4,003,554 | -€537,725 | -11.8% |
| Remuneration, social security and pensions | 62 | €6,403,247 | €6,985,643 | +€582,396 | +9.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €262,050 | €284,928 | +€22,879 | +8.7% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €1,008,365 | €121,670 | -€886,695 | -87.9% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | €0 | - | = | |
| Other operating charges | 640/8 | €103,333 | €120,338 | +€17,005 | +16.5% |
| Non-recurring operating charges | 66A | €863,234 | -€863,458 | -€1.7m | |
| Operating profit (loss) | 9901 | -€1,444,152 | €503,326 | +€1.9m | |
| Financial income | 75/76B | €190,314 | €122,106 | -€68,208 | -35.8% |
| Recurring financial income | 75 | €190,314 | €122,106 | -€68,208 | -35.8% |
| Income from current assets | 751 | €155,618 | €108,975 | -€46,643 | -30.0% |
| Other financial income | 752/9 | €34,696 | €13,131 | -€21,565 | -62.2% |
| Financial charges | 65/66B | €430,619 | €169,923 | -€260,696 | -60.5% |
| Recurring financial charges | 65 | €430,619 | €169,923 | -€260,696 | -60.5% |
| Other financial charges | 652/9 | €430,619 | €169,923 | -€260,696 | -60.5% |
| Profit (loss) for the period before taxes | 9903 | -€1,684,457 | €455,509 | +€2.1m | |
| Income taxes | 67/77 | €255,881 | €215,026 | -€40,854 | -16.0% |
| Taxes | 670/3 | €255,881 | €215,026 | -€40,854 | -16.0% |
| Profit (loss) for the period | 9904 | -€1,940,338 | €240,483 | +€2.2m | |
| Profit (loss) for the period to be appropriated | 9905 | -€1,940,338 | €240,483 | +€2.2m |
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 19 October 2026 via checked.be.