CAR - ONE: what changed
Two fiscal 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 - ONE
Largest movements
- Stocks and contracts +€38,010
up €38,010 (+118.8%), from €32,000 to €70,010
- Receivables within one year +€5,909
up €5,909 (+248.9%), from €2,375 to €8,284
- Tangible fixed assets -€1,838
down €1,838 (-30.0%), from €6,132 to €4,294
of which Furniture and vehicles: -€1,102
- Accrued charges and deferred income -€30,000
no longer reported in 2025 (was €30,000)
- Trade debts +€28,465
up €28,465 (+57.7%), from €49,316 to €77,781
- Other debts +€26,215
up €26,215 (+7.4%), from €353,455 to €379,670
- Profit (loss) carried forward +€21,247
up €21,247 (+3.1%), from -€683,187 to -€661,939
- Tax, wage and social debts -€4,357
down €4,357 (-21.5%), from €20,239 to €15,882
of which Taxes: -€4,357
- Gross operating margin -€23,100
down €23,100 (-39.0%), from €59,166 to €36,066
- Financial charges -€2,828
down €2,828 (-68.5%), from €4,131 to €1,303
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.
Cash bridge derived
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 | €42,507 | €84,077 | +€41,570 | +97.8% |
| Fixed assets | 21/28 | €6,627 | €4,789 | -€1,838 | -27.7% |
| Tangible fixed assets | 22/27 | €6,132 | €4,294 | -€1,838 | -30.0% |
| Plant, machinery and equipment | 23 | €1,011 | €644 | -€367 | -36.3% |
| Furniture and vehicles | 24 | €4,381 | €3,279 | -€1,102 | -25.1% |
| Other tangible fixed assets | 26 | €740 | €370 | -€370 | -50.0% |
| Financial fixed assets | 28 | €495 | €495 | = | 0.0% |
| Current assets | 29/58 | €35,880 | €79,288 | +€43,408 | +121.0% |
| Stocks and contracts in progress | 3 | €32,000 | €70,010 | +€38,010 | +118.8% |
| Stocks | 30/36 | €32,000 | €70,010 | +€38,010 | +118.8% |
| Amounts receivable within one year | 40/41 | €2,375 | €8,284 | +€5,909 | +248.9% |
| Trade receivables | 40 | €2,375 | €8,284 | +€5,909 | +248.9% |
| Cash at bank and in hand | 54/58 | €730 | €756 | +€26 | +3.6% |
| Deferred charges and accrued income | 490/1 | €775 | €238 | -€537 | -69.3% |
| Total equity and liabilities | 10/49 | €42,507 | €84,077 | +€41,570 | +97.8% |
| Equity | 10/15 | -€410,503 | -€389,256 | +€21,247 | +5.2% |
| Contributions | 10/11 | €247,894 | €247,894 | = | 0.0% |
| Capital | 10 | €247,894 | €247,894 | = | 0.0% |
| Issued capital | 100 | €247,894 | €247,894 | = | 0.0% |
| Reserves | 13 | €24,790 | €24,790 | = | 0.0% |
| Non-distributable reserves | 130/1 | €24,790 | €24,790 | = | 0.0% |
| Legal reserve | 130 | €24,790 | €24,790 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€683,187 | -€661,939 | +€21,247 | +3.1% |
| Amounts payable | 17/49 | €453,010 | €473,332 | +€20,322 | +4.5% |
| Amounts payable within one year | 42/48 | €423,010 | €473,332 | +€50,322 | +11.9% |
| Trade debts | 44 | €49,316 | €77,781 | +€28,465 | +57.7% |
| Suppliers | 440/4 | €49,316 | €77,781 | +€28,465 | +57.7% |
| Taxes, remuneration and social security | 45 | €20,239 | €15,882 | -€4,357 | -21.5% |
| Taxes | 450/3 | €6,323 | €1,965 | -€4,357 | -68.9% |
| Remuneration and social security | 454/9 | €13,916 | €13,916 | = | 0.0% |
| Other amounts payable | 47/48 | €353,455 | €379,670 | +€26,215 | +7.4% |
| Accrued charges and deferred income | 492/3 | €30,000 | - | -€30,000 | |
| Non-recurring operating income | 76A | €8,309 | - | -€8,309 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,272 | €1,838 | +€566 | +44.5% |
| Other operating charges | 640/8 | €11,673 | €11,679 | +€6 | 0.0% |
| Gross operating margin | 9900 | €59,166 | €36,066 | -€23,100 | -39.0% |
| Operating profit (loss) | 9901 | €46,222 | €22,549 | -€23,673 | -51.2% |
| Financial income | 75/76B | €1 | €1 | +€0 | +69.0% |
| Recurring financial income | 75 | €1 | €1 | +€0 | +69.0% |
| Financial charges | 65/66B | €4,131 | €1,303 | -€2,828 | -68.5% |
| Recurring financial charges | 65 | €4,131 | €1,303 | -€2,828 | -68.5% |
| Profit (loss) for the period before taxes | 9903 | €42,091 | €21,247 | -€20,844 | -49.5% |
| Profit (loss) for the period | 9904 | €42,091 | €21,247 | -€20,844 | -49.5% |
| Profit (loss) for the period to be appropriated | 9905 | €42,091 | €21,247 | -€20,844 | -49.5% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.