Brussels Motors: 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.
Brussels Motors
Largest movements
- Stocks and contracts +€143,212
up €143,212 (+69.4%), from €206,241 to €349,453
- Receivables within one year +€25,158
up €25,158 (+43.7%), from €57,510 to €82,668
of which Trade receivables: +€29,771
- Tangible fixed assets -€20,630
down €20,630 (-19.3%), from €107,129 to €86,499
of which Other tangible fixed assets: -€11,751
- Cash -€20,250
down €20,250 (-97.7%), from €20,730 to €480
mainly Stocks and contracts (-€143,212) and Current portion of long-term debt (-€47,500)
- Deferred charges and accrued income -€9,391
down €9,391 (-77.0%), from €12,192 to €2,801
- Other debts +€162,509
up €162,509 (+92.0%), from €176,577 to €339,086
- Current portion of long-term debt -€47,500
no longer reported in 2025 (was €47,500)
- Profit (loss) carried forward -€37,270
down €37,270 (-50.1%), from €74,406 to €37,136
- Trade debts +€29,760
up €29,760 (+42.7%), from €69,616 to €99,376
- Contributions +€6,100
up €6,100 (+48.8%), from €12,500 to €18,600
- Gross operating margin -€44,231
down €44,231, from €36,746 to -€7,485
- Other operating charges -€2,596
down €2,596 (-30.5%), from €8,515 to €5,919
- Depreciation -€1,757
down €1,757 (-7.6%), from €23,126 to €21,369
- Financial charges +€1,729
up €1,729 (+225%), from €768 to €2,497
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 | €403,864 | €521,963 | +€118,099 | +29.2% |
| Fixed assets | 21/28 | €107,191 | €86,561 | -€20,630 | -19.2% |
| Tangible fixed assets | 22/27 | €107,129 | €86,499 | -€20,630 | -19.3% |
| Land and buildings | 22 | €34,649 | €29,015 | -€5,634 | -16.3% |
| Plant, machinery and equipment | 23 | €9,711 | €6,883 | -€2,828 | -29.1% |
| Furniture and vehicles | 24 | €3,189 | €2,772 | -€417 | -13.1% |
| Other tangible fixed assets | 26 | €59,580 | €47,829 | -€11,751 | -19.7% |
| Financial fixed assets | 28 | €62 | €62 | = | 0.0% |
| Current assets | 29/58 | €296,673 | €435,402 | +€138,729 | +46.8% |
| Stocks and contracts in progress | 3 | €206,241 | €349,453 | +€143,212 | +69.4% |
| Stocks | 30/36 | €206,241 | €349,453 | +€143,212 | +69.4% |
| Amounts receivable within one year | 40/41 | €57,510 | €82,668 | +€25,158 | +43.7% |
| Trade receivables | 40 | €38,028 | €67,799 | +€29,771 | +78.3% |
| Other amounts receivable | 41 | €19,482 | €14,869 | -€4,613 | -23.7% |
| Cash at bank and in hand | 54/58 | €20,730 | €480 | -€20,250 | -97.7% |
| Deferred charges and accrued income | 490/1 | €12,192 | €2,801 | -€9,391 | -77.0% |
| Total equity and liabilities | 10/49 | €403,864 | €521,963 | +€118,099 | +29.2% |
| Equity | 10/15 | €107,516 | €76,346 | -€31,170 | -29.0% |
| Contributions | 10/11 | €12,500 | €18,600 | +€6,100 | +48.8% |
| Reserves | 13 | €20,610 | €20,610 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Tax-exempt reserves | 132 | €18,750 | €18,750 | = | 0.0% |
| Profit (loss) carried forward | 14 | €74,406 | €37,136 | -€37,270 | -50.1% |
| Amounts payable | 17/49 | €296,348 | €445,617 | +€149,269 | +50.4% |
| Amounts payable after more than one year | 17 | €1,155 | €1,155 | = | 0.0% |
| Other amounts payable | 178/9 | €1,155 | €1,155 | = | 0.0% |
| Amounts payable within one year | 42/48 | €295,193 | €444,462 | +€149,269 | +50.6% |
| Current portion of amounts payable after more than one year | 42 | €47,500 | - | -€47,500 | |
| Trade debts | 44 | €69,616 | €99,376 | +€29,760 | +42.7% |
| Suppliers | 440/4 | €69,616 | €99,376 | +€29,760 | +42.7% |
| Taxes, remuneration and social security | 45 | €1,500 | €6,000 | +€4,500 | +300% |
| Taxes | 450/3 | €1,500 | - | -€1,500 | |
| Remuneration and social security | 454/9 | - | €6,000 | +€6,000 | |
| Other amounts payable | 47/48 | €176,577 | €339,086 | +€162,509 | +92.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €23,126 | €21,369 | -€1,757 | -7.6% |
| Other operating charges | 640/8 | €8,515 | €5,919 | -€2,596 | -30.5% |
| Gross operating margin | 9900 | €36,746 | -€7,485 | -€44,231 | |
| Operating profit (loss) | 9901 | €5,105 | -€34,773 | -€39,878 | |
| Financial income | 75/76B | €3 | - | -€3 | |
| Recurring financial income | 75 | €3 | - | -€3 | |
| Financial charges | 65/66B | €768 | €2,497 | +€1,729 | +225% |
| Recurring financial charges | 65 | €768 | €2,497 | +€1,729 | +225% |
| Profit (loss) for the period before taxes | 9903 | €4,340 | -€37,270 | -€41,610 | |
| Profit (loss) for the period | 9904 | €4,340 | -€37,270 | -€41,610 | |
| Profit (loss) for the period to be appropriated | 9905 | €4,340 | -€37,270 | -€41,610 |
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 1 November 2026 via checked.be.