Car-Grêle: 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-Grêle
Largest movements
- Cash -€261,979
down €261,979 (-42.7%), from €613,109 to €351,129
mainly Investment in fixed assets (net) (-€274,953) and Receivables within one year (-€152,973)
- Tangible fixed assets +€167,076
up €167,076 (+66.4%), from €251,555 to €418,631
of which Furniture and vehicles: +€155,521
- Receivables within one year +€152,973
up €152,973 (+330%), from €46,303 to €199,277
of which Trade receivables: +€158,674
- Profit (loss) carried forward +€123,336
up €123,336 (+18.3%), from €672,982 to €796,318
- Other debts -€67,658
down €67,658 (-75.3%), from €89,862 to €22,205
- Trade debts +€21,232
up €21,232 (+101%), from €21,072 to €42,304
of which Suppliers: +€18,964
- Debts after one year -€18,399
down €18,399 (-42.8%), from €42,947 to €24,548
- Gross operating margin +€166,605
up €166,605 (+143%), from €116,794 to €283,400
- Depreciation +€39,660
up €39,660 (+58.1%), from €68,217 to €107,877
- Staff costs -€38,638
down €38,638 (-63.1%), from €61,185 to €22,547
- Taxes +€17,922
up €17,922, from €0 to €17,922
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 | €916,006 | €972,144 | +€56,139 | +6.1% |
| Fixed assets | 21/28 | €251,690 | €418,766 | +€167,076 | +66.4% |
| Tangible fixed assets | 22/27 | €251,555 | €418,631 | +€167,076 | +66.4% |
| Plant, machinery and equipment | 23 | €12,697 | €23,669 | +€10,972 | +86.4% |
| Furniture and vehicles | 24 | €229,352 | €384,873 | +€155,521 | +67.8% |
| Other tangible fixed assets | 26 | €9,506 | €10,089 | +€583 | +6.1% |
| Financial fixed assets | 28 | €135 | €135 | = | 0.0% |
| Current assets | 29/58 | €664,316 | €553,379 | -€110,937 | -16.7% |
| Amounts receivable within one year | 40/41 | €46,303 | €199,277 | +€152,973 | +330% |
| Trade receivables | 40 | €40,439 | €199,112 | +€158,674 | +392% |
| Other amounts receivable | 41 | €5,864 | €164 | -€5,700 | -97.2% |
| Cash at bank and in hand | 54/58 | €613,109 | €351,129 | -€261,979 | -42.7% |
| Deferred charges and accrued income | 490/1 | €4,904 | €2,972 | -€1,932 | -39.4% |
| Total equity and liabilities | 10/49 | €916,006 | €972,144 | +€56,139 | +6.1% |
| Equity | 10/15 | €693,442 | €816,778 | +€123,336 | +17.8% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €672,982 | €796,318 | +€123,336 | +18.3% |
| Amounts payable | 17/49 | €222,564 | €155,366 | -€67,197 | -30.2% |
| Amounts payable after more than one year | 17 | €42,947 | €24,548 | -€18,399 | -42.8% |
| Financial debts | 170/4 | €42,947 | €24,548 | -€18,399 | -42.8% |
| Amounts payable within one year | 42/48 | €179,617 | €130,742 | -€48,875 | -27.2% |
| Current portion of amounts payable after more than one year | 42 | €18,922 | €18,399 | -€523 | -2.8% |
| Trade debts | 44 | €21,072 | €42,304 | +€21,232 | +101% |
| Suppliers | 440/4 | €21,072 | €40,036 | +€18,964 | +90.0% |
| Bills of exchange payable | 441 | - | €2,268 | +€2,268 | |
| Taxes, remuneration and social security | 45 | €49,760 | €47,834 | -€1,926 | -3.9% |
| Taxes | 450/3 | €31,383 | €41,297 | +€9,914 | +31.6% |
| Remuneration and social security | 454/9 | €18,378 | €6,538 | -€11,840 | -64.4% |
| Other amounts payable | 47/48 | €89,862 | €22,205 | -€67,658 | -75.3% |
| Accrued charges and deferred income | 492/3 | - | €76 | +€76 | |
| Remuneration, social security and pensions | 62 | €61,185 | €22,547 | -€38,638 | -63.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €68,217 | €107,877 | +€39,660 | +58.1% |
| Other operating charges | 640/8 | €5,114 | €6,220 | +€1,106 | +21.6% |
| Gross operating margin | 9900 | €116,794 | €283,400 | +€166,605 | +143% |
| Operating profit (loss) | 9901 | -€17,721 | €146,756 | +€164,477 | |
| Financial income | 75/76B | €599 | €106 | -€493 | -82.3% |
| Recurring financial income | 75 | €599 | €106 | -€493 | -82.3% |
| Financial charges | 65/66B | €3,667 | €5,604 | +€1,937 | +52.8% |
| Recurring financial charges | 65 | €3,667 | €5,604 | +€1,937 | +52.8% |
| Profit (loss) for the period before taxes | 9903 | -€20,790 | €141,258 | +€162,048 | |
| Income taxes | 67/77 | €0 | €17,922 | +€17,922 | |
| Profit (loss) for the period | 9904 | -€20,790 | €123,336 | +€144,126 | |
| Profit (loss) for the period to be appropriated | 9905 | -€20,790 | €123,336 | +€144,126 |
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 28 October 2026 via checked.be.