CAR TECHNIC BRUSSELS: 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 TECHNIC BRUSSELS
Largest movements
- Receivables within one year -€185,885
down €185,885 (-92.3%), from €201,458 to €15,573
of which Trade receivables: -€192,527
- Stocks and contracts -€116,855
down €116,855 (-39.8%), from €293,597 to €176,742
- Cash -€102,407
down €102,407 (-10.0%), from €1.0m to €926,633
mainly Debts after one year (-€260,449) and Contributions, distributions and other (-€206,875)
- Tangible fixed assets -€52,854
down €52,854 (-2.3%), from €2.3m to €2.3m
of which Land and buildings: -€95,279
- Debts after one year -€260,449
down €260,449 (-13.4%), from €2.0m to €1.7m
- Trade debts -€188,924
down €188,924 (-87.0%), from €217,141 to €28,217
- Other debts +€149,890
up €149,890 (+263.6%), from €56,873 to €206,762
- Current portion of long-term debt +€142,092
new in 2024: €142,092
- Tax, wage and social debts -€128,335
down €128,335 (-61.2%), from €209,542 to €81,207
of which Taxes: -€88,582
- Gross operating margin -€1.2m
down €1.2m (-93.5%), from €1.3m to €82,337
- Taxes -€343,611
down €343,611, from €270,562 to -€73,049
- Staff costs -€298,821
down €298,821, from €245,787 to -€53,034
- Depreciation +€21,448
up €21,448 (+22.3%), from €96,075 to €117,522
- Financial income +€19,932
up €19,932 (+751.7%), from €2,652 to €22,584
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.
Cash bridge derived
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 | €3,844,222 | €3,386,220 | -€458,002 | -11.9% |
| Formation expenses | 20 | €0 | €0 | = | |
| Fixed assets | 21/28 | €2,320,127 | €2,267,273 | -€52,854 | -2.3% |
| Intangible fixed assets | 21 | €0 | €0 | = | |
| Tangible fixed assets | 22/27 | €2,320,127 | €2,267,273 | -€52,854 | -2.3% |
| Land and buildings | 22 | €2,317,331 | €2,222,052 | -€95,279 | -4.1% |
| Plant, machinery and equipment | 23 | €0 | €0 | = | |
| Furniture and vehicles | 24 | €0 | €43,124 | +€43,124 | |
| Other tangible fixed assets | 26 | €2,796 | €2,097 | -€699 | -25.0% |
| Current assets | 29/58 | €1,524,095 | €1,118,948 | -€405,147 | -26.6% |
| Stocks and contracts in progress | 3 | €293,597 | €176,742 | -€116,855 | -39.8% |
| Stocks | 30/36 | €293,597 | €176,742 | -€116,855 | -39.8% |
| Amounts receivable within one year | 40/41 | €201,458 | €15,573 | -€185,885 | -92.3% |
| Trade receivables | 40 | €200,657 | €8,129 | -€192,527 | -95.9% |
| Other amounts receivable | 41 | €801 | €7,444 | +€6,642 | +829.1% |
| Cash at bank and in hand | 54/58 | €1,029,040 | €926,633 | -€102,407 | -10.0% |
| Total equity and liabilities | 10/49 | €3,844,222 | €3,386,220 | -€458,002 | -11.9% |
| Equity | 10/15 | €1,410,006 | €1,227,055 | -€182,951 | -13.0% |
| Contributions | 10/11 | €75,000 | €75,000 | = | 0.0% |
| Capital | 10 | €75,000 | €75,000 | = | 0.0% |
| Issued capital | 100 | €75,000 | €75,000 | = | 0.0% |
| Reserves | 13 | €537,080 | €501,004 | -€36,076 | -6.7% |
| Non-distributable reserves | 130/1 | €7,500 | €7,500 | = | 0.0% |
| Legal reserve | 130 | €7,500 | €7,500 | = | 0.0% |
| Tax-exempt reserves | 132 | €15,035 | €15,035 | = | 0.0% |
| Distributable reserves | 133 | €514,545 | €478,469 | -€36,076 | -7.0% |
| Profit (loss) carried forward | 14 | €691,050 | €651,050 | -€40,000 | -5.8% |
| Investment grants | 15 | €106,875 | €0 | -€106,875 | -100.0% |
| Amounts payable | 17/49 | €2,434,216 | €2,159,166 | -€275,051 | -11.3% |
| Amounts payable after more than one year | 17 | €1,950,661 | €1,690,212 | -€260,449 | -13.4% |
| Financial debts | 170/4 | €1,950,661 | €1,690,212 | -€260,449 | -13.4% |
| Amounts payable within one year | 42/48 | €483,555 | €466,056 | -€17,499 | -3.6% |
| Current portion of amounts payable after more than one year | 42 | - | €142,092 | +€142,092 | |
| Trade debts | 44 | €217,141 | €28,217 | -€188,924 | -87.0% |
| Suppliers | 440/4 | €217,141 | €28,217 | -€188,924 | -87.0% |
| Advances received on contracts in progress | 46 | - | €7,779 | +€7,779 | |
| Taxes, remuneration and social security | 45 | €209,542 | €81,207 | -€128,335 | -61.2% |
| Taxes | 450/3 | €169,789 | €81,207 | -€88,582 | -52.2% |
| Remuneration and social security | 454/9 | €39,753 | €0 | -€39,753 | -100.0% |
| Other amounts payable | 47/48 | €56,873 | €206,762 | +€149,890 | +263.6% |
| Accrued charges and deferred income | 492/3 | - | €2,897 | +€2,897 | |
| Turnover | 70 | €0 | €0 | = | |
| Non-recurring operating income | 76A | €0 | €0 | = | |
| Goods, raw materials, services and sundry goods | 60/61 | €0 | €0 | = | |
| Remuneration, social security and pensions | 62 | €245,787 | -€53,034 | -€298,821 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €96,075 | €117,522 | +€21,448 | +22.3% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €12,197 | +€12,197 | |
| Other operating charges | 640/8 | €9,725 | €25,342 | +€15,617 | +160.6% |
| Non-recurring operating charges | 66A | €45,762 | €0 | -€45,762 | -100.0% |
| Gross operating margin | 9900 | €1,263,916 | €82,337 | -€1.2m | -93.5% |
| Operating profit (loss) | 9901 | €866,568 | -€19,689 | -€886,258 | |
| Financial income | 75/76B | €2,652 | €22,584 | +€19,932 | +751.7% |
| Recurring financial income | 75 | €2,652 | €22,584 | +€19,932 | +751.7% |
| Financial charges | 65/66B | €42,807 | €52,019 | +€9,212 | +21.5% |
| Recurring financial charges | 65 | €42,807 | €52,019 | +€9,212 | +21.5% |
| Profit (loss) for the period before taxes | 9903 | €826,413 | -€49,125 | -€875,538 | |
| Income taxes | 67/77 | €270,562 | -€73,049 | -€343,611 | |
| Profit (loss) for the period | 9904 | €555,851 | €23,924 | -€531,927 | -95.7% |
| Profit (loss) for the period to be appropriated | 9905 | €555,851 | €23,924 | -€531,927 | -95.7% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 2 October 2026 via checked.be.