CAR CONNEXION: 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 CONNEXION
Largest movements
- Receivables within one year +€594,976
up €594,976 (+66.6%), from €893,637 to €1.5m
of which Trade receivables: +€590,945
- Stocks and contracts +€333,778
up €333,778 (+57.3%), from €582,867 to €916,645
- Cash -€62,629
down €62,629 (-31.2%), from €200,467 to €137,838
mainly Receivables within one year (-€594,976) and Stocks and contracts (-€333,778)
- Trade debts +€882,450
up €882,450 (+62.0%), from €1.4m to €2.3m
- Gross operating margin -€94,566
down €94,566 (-59.9%), from €157,851 to €63,285
- Taxes -€29,677
down €29,677 (-76.2%), from €38,931 to €9,254
- Depreciation +€12,488
up €12,488 (+84.2%), from €14,831 to €27,319
- Financial charges +€12,379
up €12,379 (+364%), from €3,406 to €15,785
- Other operating charges -€3,492
down €3,492 (-43.5%), from €8,028 to €4,536
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,775,726 | €2,649,555 | +€873,830 | +49.2% |
| Fixed assets | 21/28 | €97,015 | €102,959 | +€5,944 | +6.1% |
| Tangible fixed assets | 22/27 | €97,015 | €102,754 | +€5,739 | +5.9% |
| Furniture and vehicles | 24 | €97,015 | €102,754 | +€5,739 | +5.9% |
| Financial fixed assets | 28 | - | €205 | +€205 | |
| Current assets | 29/58 | €1,678,710 | €2,546,596 | +€867,886 | +51.7% |
| Stocks and contracts in progress | 3 | €582,867 | €916,645 | +€333,778 | +57.3% |
| Stocks | 30/36 | €582,867 | €916,645 | +€333,778 | +57.3% |
| Amounts receivable within one year | 40/41 | €893,637 | €1,488,613 | +€594,976 | +66.6% |
| Trade receivables | 40 | €885,981 | €1,476,926 | +€590,945 | +66.7% |
| Other amounts receivable | 41 | €7,656 | €11,687 | +€4,031 | +52.6% |
| Cash at bank and in hand | 54/58 | €200,467 | €137,838 | -€62,629 | -31.2% |
| Deferred charges and accrued income | 490/1 | €1,739 | €3,499 | +€1,760 | +101% |
| Total equity and liabilities | 10/49 | €1,775,726 | €2,649,555 | +€873,830 | +49.2% |
| Equity | 10/15 | €219,174 | €225,565 | +€6,391 | +2.9% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 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% |
| Profit (loss) carried forward | 14 | €198,714 | €205,105 | +€6,391 | +3.2% |
| Amounts payable | 17/49 | €1,556,552 | €2,423,990 | +€867,439 | +55.7% |
| Amounts payable after more than one year | 17 | €46,668 | €35,655 | -€11,013 | -23.6% |
| Financial debts | 170/4 | €46,668 | €35,655 | -€11,013 | -23.6% |
| Amounts payable within one year | 42/48 | €1,509,883 | €2,388,335 | +€878,452 | +58.2% |
| Current portion of amounts payable after more than one year | 42 | €13,999 | €11,703 | -€2,296 | -16.4% |
| Trade debts | 44 | €1,424,093 | €2,306,542 | +€882,450 | +62.0% |
| Suppliers | 440/4 | €1,424,093 | €2,306,542 | +€882,450 | +62.0% |
| Taxes, remuneration and social security | 45 | €69,657 | €70,090 | +€433 | +0.6% |
| Taxes | 450/3 | €69,657 | €70,090 | +€433 | +0.6% |
| Other amounts payable | 47/48 | €2,135 | - | -€2,135 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,831 | €27,319 | +€12,488 | +84.2% |
| Other operating charges | 640/8 | €8,028 | €4,536 | -€3,492 | -43.5% |
| Gross operating margin | 9900 | €157,851 | €63,285 | -€94,566 | -59.9% |
| Operating profit (loss) | 9901 | €134,992 | €31,430 | -€103,562 | -76.7% |
| Financial charges | 65/66B | €3,406 | €15,785 | +€12,379 | +364% |
| Recurring financial charges | 65 | €3,406 | €15,785 | +€12,379 | +364% |
| Profit (loss) for the period before taxes | 9903 | €131,586 | €15,645 | -€115,941 | -88.1% |
| Income taxes | 67/77 | €38,931 | €9,254 | -€29,677 | -76.2% |
| Profit (loss) for the period | 9904 | €92,655 | €6,391 | -€86,264 | -93.1% |
| Profit (loss) for the period to be appropriated | 9905 | €92,655 | €6,391 | -€86,264 | -93.1% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 28 October 2026 via checked.be.