CAR ZONE: 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 ZONE
Largest movements
- Cash -€65,516
down €65,516 (-22.3%), from €294,290 to €228,774
mainly Receivables within one year (-€45,680) and Stocks and contracts (-€38,592)
- Receivables within one year +€45,680
up €45,680 (+237.2%), from €19,260 to €64,940
of which Trade receivables: +€45,771
- Stocks and contracts +€38,592
up €38,592 (+221.4%), from €17,427 to €56,019
- Reserves +€17,600
up €17,600 (+6.9%), from €256,005 to €273,605
- Tax, wage and social debts +€7,750
up €7,750 (+31.1%), from €24,932 to €32,682
of which Remuneration and social security: +€5,585
- Gross operating margin -€21,736
down €21,736 (-19.2%), from €112,973 to €91,238
- Staff costs +€10,389
up €10,389 (+24.0%), from €43,303 to €53,692
- Taxes -€9,615
down €9,615 (-50.9%), from €18,877 to €9,261
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 | €340,862 | €361,165 | +€20,303 | +6.0% |
| Fixed assets | 21/28 | €6,561 | €8,013 | +€1,452 | +22.1% |
| Tangible fixed assets | 22/27 | €6,561 | €8,013 | +€1,452 | +22.1% |
| Plant, machinery and equipment | 23 | - | €7,067 | +€7,067 | |
| Furniture and vehicles | 24 | €5,194 | €119 | -€5,075 | -97.7% |
| Other tangible fixed assets | 26 | €1,367 | €827 | -€540 | -39.5% |
| Current assets | 29/58 | €334,300 | €353,152 | +€18,852 | +5.6% |
| Stocks and contracts in progress | 3 | €17,427 | €56,019 | +€38,592 | +221.4% |
| Stocks | 30/36 | €17,427 | €56,019 | +€38,592 | +221.4% |
| Amounts receivable within one year | 40/41 | €19,260 | €64,940 | +€45,680 | +237.2% |
| Trade receivables | 40 | €18,429 | €64,200 | +€45,771 | +248.4% |
| Other amounts receivable | 41 | €831 | €740 | -€91 | -11.0% |
| Current investments | 50/53 | €2,438 | €2,438 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €294,290 | €228,774 | -€65,516 | -22.3% |
| Deferred charges and accrued income | 490/1 | €886 | €982 | +€96 | +10.8% |
| Total equity and liabilities | 10/49 | €340,862 | €361,165 | +€20,303 | +6.0% |
| Equity | 10/15 | €281,044 | €298,653 | +€17,609 | +6.3% |
| Contributions | 10/11 | €25,000 | €25,000 | = | 0.0% |
| Reserves | 13 | €256,005 | €273,605 | +€17,600 | +6.9% |
| Distributable reserves | 133 | €256,005 | €273,605 | +€17,600 | +6.9% |
| Profit (loss) carried forward | 14 | €39 | €48 | +€9 | +22.6% |
| Amounts payable | 17/49 | €59,818 | €62,512 | +€2,694 | +4.5% |
| Amounts payable within one year | 42/48 | €58,097 | €62,092 | +€3,994 | +6.9% |
| Financial debts | 43 | €3,381 | €3,363 | -€17 | -0.5% |
| Credit institutions | 430/8 | €3,381 | €3,363 | -€17 | -0.5% |
| Trade debts | 44 | €28,834 | €25,453 | -€3,381 | -11.7% |
| Suppliers | 440/4 | €28,834 | €25,453 | -€3,381 | -11.7% |
| Advances received on contracts in progress | 46 | €358 | €0 | -€358 | -100.0% |
| Taxes, remuneration and social security | 45 | €24,932 | €32,682 | +€7,750 | +31.1% |
| Taxes | 450/3 | €14,440 | €16,605 | +€2,166 | +15.0% |
| Remuneration and social security | 454/9 | €10,492 | €16,076 | +€5,585 | +53.2% |
| Other amounts payable | 47/48 | €593 | €593 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €1,720 | €420 | -€1,300 | -75.6% |
| Remuneration, social security and pensions | 62 | €43,303 | €53,692 | +€10,389 | +24.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,615 | €6,228 | +€613 | +10.9% |
| Other operating charges | 640/8 | €4,015 | €3,496 | -€519 | -12.9% |
| Gross operating margin | 9900 | €112,973 | €91,238 | -€21,736 | -19.2% |
| Operating profit (loss) | 9901 | €60,041 | €27,821 | -€32,219 | -53.7% |
| Financial income | 75/76B | €110 | €10 | -€101 | -91.1% |
| Recurring financial income | 75 | €110 | €10 | -€101 | -91.1% |
| Financial charges | 65/66B | €1,739 | €961 | -€779 | -44.8% |
| Recurring financial charges | 65 | €1,739 | €961 | -€779 | -44.8% |
| Profit (loss) for the period before taxes | 9903 | €58,412 | €26,870 | -€31,541 | -54.0% |
| Income taxes | 67/77 | €18,877 | €9,261 | -€9,615 | -50.9% |
| Profit (loss) for the period | 9904 | €39,535 | €17,609 | -€21,926 | -55.5% |
| Profit (loss) for the period to be appropriated | 9905 | €39,535 | €17,609 | -€21,926 | -55.5% |
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 4 October 2026 via checked.be.