BST MOTORS: what changed
What changed
BST MOTORS
NACE 47.811, Retail sale of cars and light vans (up to 3.5 tonnes)
filed annual accounts (NBB)
Net result for the year
-€72,833
2024 · -€29,173-€43,660
Equity
-€37,904
2024 · €34,929-€72,833
Cash
€62,623
2024 · €32,192+€30,431
Balance sheet total
€304,565
2024 · €340,324-€35,758
Largest movements
Assets
- Stocks and contracts -€100,755
down €100,755 (-55.2%), from €182,405 to €81,650
- Deferred charges and accrued income +€40,424
up €40,424 (+433%), from €9,346 to €49,770
- Cash +€30,431
up €30,431 (+94.5%), from €32,192 to €62,623
mainly Stocks and contracts (+€100,755) and Trade debts (+€55,656)
- Tangible fixed assets -€5,463
down €5,463 (-9.0%), from €60,556 to €55,094
Equity and liabilities
- Profit (loss) carried forward -€72,833
down €72,833 (-1,436%), from -€5,071 to -€77,904
- Trade debts +€55,656
up €55,656 (+68.0%), from €81,822 to €137,478
- Tax, wage and social debts -€10,732
down €10,732 (-66.4%), from €16,159 to €5,427
- Other debts -€4,381
down €4,381 (-10.9%), from €40,326 to €35,946
Income statement
- Gross operating margin -€42,189
down €42,189 (-730%), from -€5,780 to -€47,968
- Depreciation +€5,943
up €5,943 (+173%), from €3,432 to €9,375
- Financial charges -€3,881
down €3,881 (-24.4%), from €15,922 to €12,041
- Other operating charges -€537
down €537 (-12.9%), from €4,172 to €3,635
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.
Result 2024
-€29,173
Gross operating margin
-€42,189
Depreciation
-€5,943
Other operating charges
+€537
Financial income
+€48
Financial charges
+€3,881
Taxes
+€5
Result 2025
-€72,833
raises the resultlowers the result
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.
From operations
+€36,840
Investment
-€3,704
Financing
-€2,705
Cash 2024
€32,192
From operations (derived)
+€36,840
Net result for the year
-€72,833
Depreciation
+€9,375
Stocks and contracts
+€100,755
Receivables within one year
+€187
Deferred charges and accrued income
-€40,424
Trade debts
+€55,656
Tax, wage and social debts
-€10,732
Other debts
-€4,381
Accrued charges and deferred income
-€764
Investment (derived)
-€3,704
Investment in fixed assets (net)
-€3,704
Financing
-€2,705
Debts after one year
-€1,106
Current portion of long-term debt
-€1,599
Cash 2025
€62,623
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €340,324 | €304,565 | -€35,758 | -10.5% |
| Formation expenses | 20 | €226 | €17 | -€208 | -92.3% |
| Fixed assets | 21/28 | €60,556 | €55,094 | -€5,463 | -9.0% |
| Tangible fixed assets | 22/27 | €60,556 | €55,094 | -€5,463 | -9.0% |
| Plant, machinery and equipment | 23 | €4,334 | €2,440 | -€1,894 | -43.7% |
| Furniture and vehicles | 24 | €6,236 | €4,312 | -€1,925 | -30.9% |
| Other tangible fixed assets | 26 | €49,986 | €48,342 | -€1,644 | -3.3% |
| Current assets | 29/58 | €279,542 | €249,454 | -€30,087 | -10.8% |
| Stocks and contracts in progress | 3 | €182,405 | €81,650 | -€100,755 | -55.2% |
| Stocks | 30/36 | €182,405 | €81,650 | -€100,755 | -55.2% |
| Amounts receivable within one year | 40/41 | €55,598 | €55,411 | -€187 | -0.3% |
| Trade receivables | 40 | €39,095 | €40,396 | +€1,301 | +3.3% |
| Other amounts receivable | 41 | €16,503 | €15,015 | -€1,488 | -9.0% |
| Cash at bank and in hand | 54/58 | €32,192 | €62,623 | +€30,431 | +94.5% |
| Deferred charges and accrued income | 490/1 | €9,346 | €49,770 | +€40,424 | +433% |
| Total equity and liabilities | 10/49 | €340,324 | €304,565 | -€35,758 | -10.5% |
| Equity | 10/15 | €34,929 | -€37,904 | -€72,833 | |
| Contributions | 10/11 | €40,000 | €40,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€5,071 | -€77,904 | -€72,833 | -1,436% |
| Amounts payable | 17/49 | €305,395 | €342,469 | +€37,075 | +12.1% |
| Amounts payable after more than one year | 17 | €1,391 | €285 | -€1,106 | -79.5% |
| Financial debts | 170/4 | €1,391 | €285 | -€1,106 | -79.5% |
| Amounts payable within one year | 42/48 | €301,012 | €339,957 | +€38,945 | +12.9% |
| Current portion of amounts payable after more than one year | 42 | €2,705 | €1,106 | -€1,599 | -59.1% |
| Financial debts | 43 | €160,000 | €160,000 | = | 0.0% |
| Credit institutions | 430/8 | €160,000 | €160,000 | = | 0.0% |
| Trade debts | 44 | €81,822 | €137,478 | +€55,656 | +68.0% |
| Suppliers | 440/4 | €81,822 | €137,478 | +€55,656 | +68.0% |
| Taxes, remuneration and social security | 45 | €16,159 | €5,427 | -€10,732 | -66.4% |
| Taxes | 450/3 | €16,159 | €5,427 | -€10,732 | -66.4% |
| Other amounts payable | 47/48 | €40,326 | €35,946 | -€4,381 | -10.9% |
| Accrued charges and deferred income | 492/3 | €2,992 | €2,228 | -€764 | -25.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,432 | €9,375 | +€5,943 | +173% |
| Other operating charges | 640/8 | €4,172 | €3,635 | -€537 | -12.9% |
| Gross operating margin | 9900 | -€5,780 | -€47,968 | -€42,189 | -730% |
| Operating profit (loss) | 9901 | -€13,383 | -€60,978 | -€47,595 | -356% |
| Financial income | 75/76B | €394 | €442 | +€48 | +12.3% |
| Recurring financial income | 75 | €394 | €442 | +€48 | +12.3% |
| Financial charges | 65/66B | €15,922 | €12,041 | -€3,881 | -24.4% |
| Recurring financial charges | 65 | €15,922 | €12,041 | -€3,881 | -24.4% |
| Profit (loss) for the period before taxes | 9903 | -€28,911 | -€72,577 | -€43,665 | -151% |
| Income taxes | 67/77 | €262 | €256 | -€5 | -2.1% |
| Profit (loss) for the period | 9904 | -€29,173 | -€72,833 | -€43,660 | -150% |
| Profit (loss) for the period to be appropriated | 9905 | -€29,173 | -€72,833 | -€43,660 | -150% |
Next steps
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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 1 November 2026 via checked.be.