CAR DOUCH: 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 DOUCH
Largest movements
- Receivables within one year +€68,508
up €68,508 (+51.2%), from €133,922 to €202,431
of which Trade receivables: +€53,324
- Tangible fixed assets -€17,731
down €17,731 (-5.6%), from €315,836 to €298,105
of which Land and buildings: -€15,100
- Stocks and contracts -€12,097
down €12,097 (-50.6%), from €23,889 to €11,792
- Current investments +€10,000
new in 2025: €10,000
- Other debts +€55,381
up €55,381 (+23.8%), from €233,026 to €288,406
- Short-term financial debts -€51,217
no longer reported in 2025 (was €51,217)
- Reserves +€29,739
up €29,739 (+22.9%), from €130,000 to €159,739
- Tax, wage and social debts +€19,554
up €19,554 (+454%), from €4,308 to €23,862
of which Taxes: +€13,104
- Debts after one year -€10,330
down €10,330 (-79.8%), from €12,942 to €2,613
- Gross operating margin +€33,099
up €33,099 (+83.4%), from €39,682 to €72,782
- Taxes +€8,470
up €8,470 (+423%), from €2,001 to €10,471
- Financial charges +€2,263
up €2,263 (+49.5%), from €4,577 to €6,840
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 | €486,034 | €532,521 | +€46,487 | +9.6% |
| Fixed assets | 21/28 | €315,836 | €298,605 | -€17,231 | -5.5% |
| Tangible fixed assets | 22/27 | €315,836 | €298,105 | -€17,731 | -5.6% |
| Land and buildings | 22 | €285,486 | €270,386 | -€15,100 | -5.3% |
| Plant, machinery and equipment | 23 | €27,571 | €22,667 | -€4,904 | -17.8% |
| Furniture and vehicles | 24 | €2,402 | €4,768 | +€2,367 | +98.5% |
| Other tangible fixed assets | 26 | €377 | €283 | -€94 | -25.0% |
| Financial fixed assets | 28 | - | €500 | +€500 | |
| Current assets | 29/58 | €170,198 | €233,917 | +€63,719 | +37.4% |
| Stocks and contracts in progress | 3 | €23,889 | €11,792 | -€12,097 | -50.6% |
| Stocks | 30/36 | €23,889 | €11,792 | -€12,097 | -50.6% |
| Amounts receivable within one year | 40/41 | €133,922 | €202,431 | +€68,508 | +51.2% |
| Trade receivables | 40 | €12,524 | €65,848 | +€53,324 | +426% |
| Other amounts receivable | 41 | €121,398 | €136,582 | +€15,184 | +12.5% |
| Current investments | 50/53 | - | €10,000 | +€10,000 | |
| Cash at bank and in hand | 54/58 | €11,017 | €7,712 | -€3,305 | -30.0% |
| Deferred charges and accrued income | 490/1 | €1,370 | €1,982 | +€612 | +44.7% |
| Total equity and liabilities | 10/49 | €486,034 | €532,521 | +€46,487 | +9.6% |
| Equity | 10/15 | €150,385 | €178,339 | +€27,954 | +18.6% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €130,000 | €159,739 | +€29,739 | +22.9% |
| Distributable reserves | 133 | €130,000 | €159,739 | +€29,739 | +22.9% |
| Profit (loss) carried forward | 14 | €1,785 | - | -€1,785 | |
| Amounts payable | 17/49 | €335,649 | €354,183 | +€18,533 | +5.5% |
| Amounts payable after more than one year | 17 | €12,942 | €2,613 | -€10,330 | -79.8% |
| Financial debts | 170/4 | €12,942 | €2,613 | -€10,330 | -79.8% |
| Amounts payable within one year | 42/48 | €322,622 | €351,485 | +€28,863 | +8.9% |
| Current portion of amounts payable after more than one year | 42 | €10,138 | €10,330 | +€192 | +1.9% |
| Financial debts | 43 | €51,217 | - | -€51,217 | |
| Credit institutions | 430/8 | €51,217 | - | -€51,217 | |
| Trade debts | 44 | €23,933 | €28,887 | +€4,954 | +20.7% |
| Suppliers | 440/4 | €23,933 | €28,887 | +€4,954 | +20.7% |
| Taxes, remuneration and social security | 45 | €4,308 | €23,862 | +€19,554 | +454% |
| Taxes | 450/3 | €4,308 | €17,412 | +€13,104 | +304% |
| Remuneration and social security | 454/9 | - | €6,450 | +€6,450 | |
| Other amounts payable | 47/48 | €233,026 | €288,406 | +€55,381 | +23.8% |
| Accrued charges and deferred income | 492/3 | €85 | €85 | = | 0.0% |
| Non-recurring operating income | 76A | - | €1,929 | +€1,929 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €20,990 | €20,701 | -€288 | -1.4% |
| Other operating charges | 640/8 | €6,335 | €6,816 | +€481 | +7.6% |
| Gross operating margin | 9900 | €39,682 | €72,782 | +€33,099 | +83.4% |
| Operating profit (loss) | 9901 | €12,357 | €45,264 | +€32,907 | +266% |
| Financial income | 75/76B | - | €1 | +€1 | |
| Recurring financial income | 75 | - | €1 | +€1 | |
| Financial charges | 65/66B | €4,577 | €6,840 | +€2,263 | +49.5% |
| Recurring financial charges | 65 | €4,577 | €6,840 | +€2,263 | +49.5% |
| Profit (loss) for the period before taxes | 9903 | €7,780 | €38,425 | +€30,644 | +394% |
| Income taxes | 67/77 | €2,001 | €10,471 | +€8,470 | +423% |
| Profit (loss) for the period | 9904 | €5,779 | €27,954 | +€22,175 | +384% |
| Profit (loss) for the period to be appropriated | 9905 | €5,779 | €27,954 | +€22,175 | +384% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 14 October 2026 via checked.be.