CAR TUNING DEVELOPMENT: 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.
What changed
CAR TUNING DEVELOPMENT
NACE 93.199, Other sports activities
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€151,760
2024 · €147,370+€4,390
Equity
€277,234
2024 · €270,473+€6,760
Cash
€202,935
2024 · €134,145+€68,790
Balance sheet total
€604,163
2024 · €543,476+€60,687
Largest movements
Assets
- Cash +€68,790
up €68,790 (+51.3%), from €134,145 to €202,935
mainly Net result for the year (+€151,760) and Other debts (+€28,715)
Equity and liabilities
- Other debts +€28,715
up €28,715 (+24.5%), from €117,180 to €145,895
- Trade debts +€18,496
up €18,496 (+12.6%), from €146,516 to €165,012
- Profit (loss) carried forward +€8,938
up €8,938 (+5.8%), from €153,581 to €162,519
Income statement
- Depreciation +€3,743
up €3,743 (+21.5%), from €17,408 to €21,151
- Taxes -€3,640
down €3,640 (-52.5%), from €6,929 to €3,289
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.
Result 2024
€147,370
Gross operating margin
+€702
Depreciation
-€3,743
Other operating charges
-€162
Financial income
-€1,602
Financial charges
+€1,004
Taxes
+€3,640
Deferred taxes and other
+€4,550
Result 2025
€151,760
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.
From operations
+€234,382
Investment
-€20,592
Financing
-€145,000
Cash 2024
€134,145
From operations (derived)
+€234,382
Net result for the year
+€151,760
Depreciation
+€21,151
Receivables within one year
+€4,742
Deferred charges and accrued income
+€2,802
Provisions
-€726
Trade debts
+€18,496
Tax, wage and social debts
+€2,290
Other debts
+€28,715
Accrued charges and deferred income
+€5,153
Investment (derived)
-€20,592
Investment in fixed assets (net)
-€20,592
Financing
-€145,000
Contributions, distributions and other
-€145,000
Cash 2025
€202,935
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €543,476 | €604,163 | +€60,687 | +11.2% |
| Fixed assets | 21/28 | €76,201 | €75,642 | -€559 | -0.7% |
| Intangible fixed assets | 21 | €4,534 | €3,479 | -€1,055 | -23.3% |
| Tangible fixed assets | 22/27 | €71,667 | €72,164 | +€497 | +0.7% |
| Plant, machinery and equipment | 23 | €4,304 | €13,872 | +€9,569 | +222.3% |
| Furniture and vehicles | 24 | €64,722 | €55,170 | -€9,551 | -14.8% |
| Other tangible fixed assets | 26 | €2,642 | €3,121 | +€479 | +18.1% |
| Current assets | 29/58 | €467,274 | €528,520 | +€61,246 | +13.1% |
| Stocks and contracts in progress | 3 | €3,000 | €3,000 | = | 0.0% |
| Stocks | 30/36 | €3,000 | €3,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €75,413 | €70,671 | -€4,742 | -6.3% |
| Trade receivables | 40 | €43,126 | €27,980 | -€15,147 | -35.1% |
| Other amounts receivable | 41 | €32,287 | €42,691 | +€10,404 | +32.2% |
| Current investments | 50/53 | €250,000 | €250,000 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €134,145 | €202,935 | +€68,790 | +51.3% |
| Deferred charges and accrued income | 490/1 | €4,716 | €1,914 | -€2,802 | -59.4% |
| Total equity and liabilities | 10/49 | €543,476 | €604,163 | +€60,687 | +11.2% |
| Equity | 10/15 | €270,473 | €277,234 | +€6,760 | +2.5% |
| Contributions | 10/11 | €61,973 | €61,973 | = | 0.0% |
| Capital | 10 | €61,973 | €61,973 | = | 0.0% |
| Issued capital | 100 | €61,973 | €61,973 | = | 0.0% |
| Reserves | 13 | €54,919 | €52,741 | -€2,178 | -4.0% |
| Non-distributable reserves | 130/1 | €6,197 | €6,197 | = | 0.0% |
| Legal reserve | 130 | €6,197 | €6,197 | = | 0.0% |
| Tax-exempt reserves | 132 | €18,722 | €16,544 | -€2,178 | -11.6% |
| Distributable reserves | 133 | €30,000 | €30,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €153,581 | €162,519 | +€8,938 | +5.8% |
| Provisions and deferred taxes | 16 | €3,824 | €3,098 | -€726 | -19.0% |
| Deferred taxes | 168 | €3,824 | €3,098 | -€726 | -19.0% |
| Amounts payable | 17/49 | €269,178 | €323,831 | +€54,653 | +20.3% |
| Amounts payable within one year | 42/48 | €263,717 | €313,217 | +€49,500 | +18.8% |
| Trade debts | 44 | €146,516 | €165,012 | +€18,496 | +12.6% |
| Suppliers | 440/4 | €146,516 | €165,012 | +€18,496 | +12.6% |
| Taxes, remuneration and social security | 45 | €21 | €2,310 | +€2,290 | +10997.1% |
| Taxes | 450/3 | €21 | €2,310 | +€2,290 | +10997.1% |
| Other amounts payable | 47/48 | €117,180 | €145,895 | +€28,715 | +24.5% |
| Accrued charges and deferred income | 492/3 | €5,461 | €10,614 | +€5,153 | +94.4% |
| Non-recurring operating income | 76A | €18,200 | €0 | -€18,200 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €17,408 | €21,151 | +€3,743 | +21.5% |
| Other operating charges | 640/8 | €406 | €567 | +€162 | +39.9% |
| Gross operating margin | 9900 | €173,074 | €173,776 | +€702 | +0.4% |
| Operating profit (loss) | 9901 | €155,260 | €152,057 | -€3,202 | -2.1% |
| Financial income | 75/76B | €3,939 | €2,338 | -€1,602 | -40.7% |
| Recurring financial income | 75 | €3,939 | €2,338 | -€1,602 | -40.7% |
| Financial charges | 65/66B | €1,076 | €72 | -€1,004 | -93.3% |
| Recurring financial charges | 65 | €1,076 | €72 | -€1,004 | -93.3% |
| Profit (loss) for the period before taxes | 9903 | €158,123 | €154,323 | -€3,800 | -2.4% |
| Transfer from deferred taxes | 780 | €726 | €726 | = | 0.0% |
| Transfer to deferred taxes | 680 | €4,550 | €0 | -€4,550 | -100.0% |
| Income taxes | 67/77 | €6,929 | €3,289 | -€3,640 | -52.5% |
| Profit (loss) for the period | 9904 | €147,370 | €151,760 | +€4,390 | +3.0% |
| Transfer from tax-exempt reserves | 789 | €2,178 | €2,178 | = | 0.0% |
| Transfer to tax-exempt reserves | 689 | €13,650 | €0 | -€13,650 | -100.0% |
| Profit (loss) for the period to be appropriated | 9905 | €135,898 | €153,938 | +€18,040 | +13.3% |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.