CAR - MEN: 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 - MEN
Largest movements
- Stocks and contracts +€39,000
up €39,000 (+84.8%), from €46,000 to €85,000
- Receivables within one year -€12,231
down €12,231 (-16.4%), from €74,449 to €62,218
of which Trade receivables: -€13,642
- Trade debts +€17,457
up €17,457 (+43.2%), from €40,428 to €57,885
- Other debts +€12,295
up €12,295 (+25.7%), from €47,864 to €60,159
- Tax, wage and social debts -€5,175
down €5,175 (-88.8%), from €5,825 to €650
- Profit (loss) carried forward +€5,131
up €5,131 (+41.2%), from €12,462 to €17,593
- Current portion of long-term debt -€1,762
down €1,762 (-100%), from €1,762 to €0
- Gross operating margin +€3,394
up €3,394 (+73.3%), from €4,633 to €8,027
- Depreciation -€1,625
no longer reported in 2023 (was €1,625)
- Taxes +€1,255
new in 2023: €1,255
- Other operating charges +€892
up €892 (+200%), from €446 to €1,338
From the 2022 result to the 2023 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 2022 and 2023 balance sheets and the 2023 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2022 | 2023 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €120,891 | €148,837 | +€27,945 | +23.1% |
| Formation expenses | 20 | €0 | €0 | = | |
| Fixed assets | 21/28 | €0 | €0 | = | |
| Tangible fixed assets | 22/27 | €0 | €0 | = | |
| Furniture and vehicles | 24 | €0 | €0 | = | |
| Current assets | 29/58 | €120,891 | €148,837 | +€27,945 | +23.1% |
| Stocks and contracts in progress | 3 | €46,000 | €85,000 | +€39,000 | +84.8% |
| Stocks | 30/36 | €46,000 | €85,000 | +€39,000 | +84.8% |
| Amounts receivable within one year | 40/41 | €74,449 | €62,218 | -€12,231 | -16.4% |
| Trade receivables | 40 | €54,949 | €41,307 | -€13,642 | -24.8% |
| Other amounts receivable | 41 | €19,500 | €20,911 | +€1,411 | +7.2% |
| Cash at bank and in hand | 54/58 | €442 | €1,619 | +€1,177 | +266% |
| Total equity and liabilities | 10/49 | €120,891 | €148,837 | +€27,945 | +23.1% |
| Equity | 10/15 | €25,012 | €30,143 | +€5,131 | +20.5% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Capital | 10 | €12,400 | €12,400 | = | 0.0% |
| Issued capital | 100 | €18,600 | €18,600 | = | 0.0% |
| Uncalled capital | 101 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €150 | €150 | = | 0.0% |
| Non-distributable reserves | 130/1 | €150 | €150 | = | 0.0% |
| Legal reserve | 130 | €150 | €150 | = | 0.0% |
| Profit (loss) carried forward | 14 | €12,462 | €17,593 | +€5,131 | +41.2% |
| Amounts payable | 17/49 | €95,879 | €118,694 | +€22,815 | +23.8% |
| Amounts payable after more than one year | 17 | €0 | - | = | |
| Financial debts | 170/4 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €95,879 | €118,694 | +€22,815 | +23.8% |
| Current portion of amounts payable after more than one year | 42 | €1,762 | €0 | -€1,762 | -100% |
| Trade debts | 44 | €40,428 | €57,885 | +€17,457 | +43.2% |
| Suppliers | 440/4 | €40,428 | €57,885 | +€17,457 | +43.2% |
| Taxes, remuneration and social security | 45 | €5,825 | €650 | -€5,175 | -88.8% |
| Taxes | 450/3 | €5,825 | €650 | -€5,175 | -88.8% |
| Other amounts payable | 47/48 | €47,864 | €60,159 | +€12,295 | +25.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,625 | - | -€1,625 | |
| Other operating charges | 640/8 | €446 | €1,338 | +€892 | +200% |
| Gross operating margin | 9900 | €4,633 | €8,027 | +€3,394 | +73.3% |
| Operating profit (loss) | 9901 | €2,562 | €6,689 | +€4,127 | +161% |
| Financial income | 75/76B | €3 | - | -€3 | |
| Recurring financial income | 75 | €3 | - | -€3 | |
| Financial charges | 65/66B | €262 | €304 | +€42 | +16.1% |
| Recurring financial charges | 65 | €262 | €304 | +€42 | +16.1% |
| Profit (loss) for the period before taxes | 9903 | €2,303 | €6,385 | +€4,082 | +177% |
| Income taxes | 67/77 | - | €1,255 | +€1,255 | |
| Profit (loss) for the period | 9904 | €2,303 | €5,131 | +€2,827 | +123% |
| Profit (loss) for the period to be appropriated | 9905 | €2,303 | €5,131 | +€2,827 | +123% |
Source: filed annual accounts (NBB), financial years ended 31 December 2022 and 31 December 2023. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 13 October 2026 via checked.be.