Car Care Kurt: 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.
Car Care Kurt
Largest movements
- Tangible fixed assets +€239,661
up €239,661 (+1,200%), from €19,979 to €259,641
of which Land and buildings: +€243,952
- Current investments +€39,000
up €39,000 (+156%), from €25,000 to €64,000
- Cash -€9,540
down €9,540 (-31.8%), from €29,957 to €20,417
mainly Investment in fixed assets (net) (-€242,415) and Current investments (-€39,000)
- Receivables within one year +€4,777
up €4,777 (+46.2%), from €10,338 to €15,115
of which Trade receivables: +€4,777
- Debts after one year +€144,438
new in 2025: €144,438
- Other debts +€119,893
up €119,893 (+1,416%), from €8,466 to €128,359
- Current portion of long-term debt +€10,562
new in 2025: €10,562
- Gross operating margin -€41,444
down €41,444 (-88.2%), from €46,993 to €5,549
- Taxes -€10,653
down €10,653 (-96.4%), from €11,048 to €395
- Depreciation -€4,742
down €4,742 (-63.3%), from €7,496 to €2,754
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 | €87,000 | €360,897 | +€273,898 | +315% |
| Fixed assets | 21/28 | €21,704 | €261,366 | +€239,661 | +1,104% |
| Tangible fixed assets | 22/27 | €19,979 | €259,641 | +€239,661 | +1,200% |
| Land and buildings | 22 | - | €243,952 | +€243,952 | |
| Plant, machinery and equipment | 23 | €5,171 | €14,622 | +€9,451 | +183% |
| Furniture and vehicles | 24 | €14,808 | €1,067 | -€13,741 | -92.8% |
| Financial fixed assets | 28 | €1,725 | €1,725 | = | 0.0% |
| Current assets | 29/58 | €65,295 | €99,532 | +€34,237 | +52.4% |
| Amounts receivable within one year | 40/41 | €10,338 | €15,115 | +€4,777 | +46.2% |
| Trade receivables | 40 | €10,318 | €15,095 | +€4,777 | +46.3% |
| Other amounts receivable | 41 | €20 | €20 | = | 0.0% |
| Current investments | 50/53 | €25,000 | €64,000 | +€39,000 | +156% |
| Cash at bank and in hand | 54/58 | €29,957 | €20,417 | -€9,540 | -31.8% |
| Total equity and liabilities | 10/49 | €87,000 | €360,897 | +€273,898 | +315% |
| Equity | 10/15 | €55,795 | €56,747 | +€952 | +1.7% |
| Contributions | 10/11 | €4,000 | €4,000 | = | 0.0% |
| Reserves | 13 | €45,000 | €45,000 | = | 0.0% |
| Distributable reserves | 133 | €45,000 | €45,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €6,795 | €7,747 | +€952 | +14.0% |
| Amounts payable | 17/49 | €31,205 | €304,150 | +€272,946 | +875% |
| Amounts payable after more than one year | 17 | - | €144,438 | +€144,438 | |
| Financial debts | 170/4 | - | €144,438 | +€144,438 | |
| Amounts payable within one year | 42/48 | €29,105 | €157,612 | +€128,508 | +442% |
| Current portion of amounts payable after more than one year | 42 | - | €10,562 | +€10,562 | |
| Trade debts | 44 | €4,697 | €5,503 | +€806 | +17.2% |
| Suppliers | 440/4 | €4,697 | €5,503 | +€806 | +17.2% |
| Taxes, remuneration and social security | 45 | €15,942 | €13,188 | -€2,753 | -17.3% |
| Taxes | 450/3 | €15,942 | €13,188 | -€2,753 | -17.3% |
| Other amounts payable | 47/48 | €8,466 | €128,359 | +€119,893 | +1,416% |
| Accrued charges and deferred income | 492/3 | €2,100 | €2,100 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,496 | €2,754 | -€4,742 | -63.3% |
| Other operating charges | 640/8 | €640 | €943 | +€303 | +47.3% |
| Non-recurring operating charges | 66A | - | €759 | +€759 | |
| Gross operating margin | 9900 | €46,993 | €5,549 | -€41,444 | -88.2% |
| Operating profit (loss) | 9901 | €38,858 | €1,094 | -€37,764 | -97.2% |
| Financial income | 75/76B | - | €381 | +€381 | |
| Recurring financial income | 75 | - | €381 | +€381 | |
| Financial charges | 65/66B | €322 | €128 | -€194 | -60.4% |
| Recurring financial charges | 65 | €322 | €128 | -€194 | -60.4% |
| Profit (loss) for the period before taxes | 9903 | €38,536 | €1,347 | -€37,189 | -96.5% |
| Income taxes | 67/77 | €11,048 | €395 | -€10,653 | -96.4% |
| Profit (loss) for the period | 9904 | €27,488 | €952 | -€26,535 | -96.5% |
| Profit (loss) for the period to be appropriated | 9905 | €27,488 | €952 | -€26,535 | -96.5% |
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 31 October 2026 via checked.be.