carselect.be: 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.
carselect.be
Largest movements
- Stocks and contracts -€106,997
down €106,997 (-31.8%), from €336,809 to €229,812
- Receivables within one year +€36,158
up €36,158 (+12.7%), from €284,365 to €320,523
of which Trade receivables: +€38,824
- Cash -€25,446
down €25,446 (-20.6%), from €123,615 to €98,169
mainly Trade debts (-€109,020) and Other debts (-€63,533)
- Trade debts -€109,020
no longer reported in 2024 (was €109,020)
- Short-term financial debts +€75,000
up €75,000 (+37.5%), from €200,000 to €275,000
of which Other loans: +€75,000
- Other debts -€63,533
down €63,533 (-37.3%), from €170,475 to €106,943
- Reserves +€44,303
up €44,303 (+504.5%), from €8,781 to €53,084
of which Distributable reserves: +€44,303
- Profit (loss) carried forward -€30,429
no longer reported in 2024 (was €30,429)
- Gross operating margin -€3,234
down €3,234 (-3.6%), from €90,305 to €87,071
- Staff costs +€3,190
up €3,190 (+7.5%), from €42,440 to €45,629
- Financial charges +€2,788
up €2,788 (+13.0%), from €21,411 to €24,199
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 | €758,313 | €661,672 | -€96,640 | -12.7% |
| Fixed assets | 21/28 | €6,103 | €4,140 | -€1,964 | -32.2% |
| Tangible fixed assets | 22/27 | €6,103 | €4,140 | -€1,964 | -32.2% |
| Plant, machinery and equipment | 23 | €2,885 | €1,966 | -€919 | -31.9% |
| Furniture and vehicles | 24 | €535 | €229 | -€306 | -57.1% |
| Other tangible fixed assets | 26 | €2,683 | €1,945 | -€739 | -27.5% |
| Current assets | 29/58 | €752,209 | €657,533 | -€94,677 | -12.6% |
| Stocks and contracts in progress | 3 | €336,809 | €229,812 | -€106,997 | -31.8% |
| Stocks | 30/36 | €336,809 | €229,812 | -€106,997 | -31.8% |
| Amounts receivable within one year | 40/41 | €284,365 | €320,523 | +€36,158 | +12.7% |
| Trade receivables | 40 | €109,262 | €148,087 | +€38,824 | +35.5% |
| Other amounts receivable | 41 | €175,103 | €172,436 | -€2,666 | -1.5% |
| Cash at bank and in hand | 54/58 | €123,615 | €98,169 | -€25,446 | -20.6% |
| Deferred charges and accrued income | 490/1 | €7,420 | €9,029 | +€1,608 | +21.7% |
| Total equity and liabilities | 10/49 | €758,313 | €661,672 | -€96,640 | -12.7% |
| Equity | 10/15 | €85,410 | €99,284 | +€13,874 | +16.2% |
| Contributions | 10/11 | €46,200 | €46,200 | = | 0.0% |
| Reserves | 13 | €8,781 | €53,084 | +€44,303 | +504.5% |
| Tax-exempt reserves | 132 | €5,921 | €5,921 | = | 0.0% |
| Distributable reserves | 133 | €2,860 | €47,163 | +€44,303 | +1549.1% |
| Profit (loss) carried forward | 14 | €30,429 | - | -€30,429 | |
| Amounts payable | 17/49 | €672,903 | €562,388 | -€110,515 | -16.4% |
| Amounts payable after more than one year | 17 | €115,277 | €92,207 | -€23,070 | -20.0% |
| Financial debts | 170/4 | €115,277 | €92,207 | -€23,070 | -20.0% |
| Amounts payable within one year | 42/48 | €554,361 | €466,541 | -€87,820 | -15.8% |
| Current portion of amounts payable after more than one year | 42 | €22,239 | €23,070 | +€830 | +3.7% |
| Financial debts | 43 | €200,000 | €275,000 | +€75,000 | +37.5% |
| Credit institutions | 430/8 | €125,000 | €125,000 | = | 0.0% |
| Other loans | 439 | €75,000 | €150,000 | +€75,000 | +100.0% |
| Trade debts | 44 | €109,020 | - | -€109,020 | |
| Suppliers | 440/4 | €109,020 | - | -€109,020 | |
| Taxes, remuneration and social security | 45 | €52,627 | €61,529 | +€8,902 | +16.9% |
| Taxes | 450/3 | €45,477 | €51,128 | +€5,651 | +12.4% |
| Remuneration and social security | 454/9 | €7,150 | €10,401 | +€3,251 | +45.5% |
| Other amounts payable | 47/48 | €170,475 | €106,943 | -€63,533 | -37.3% |
| Accrued charges and deferred income | 492/3 | €3,265 | €3,640 | +€375 | +11.5% |
| Remuneration, social security and pensions | 62 | €42,440 | €45,629 | +€3,190 | +7.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,438 | €1,964 | -€475 | -19.5% |
| Other operating charges | 640/8 | €2,075 | €1,420 | -€655 | -31.6% |
| Gross operating margin | 9900 | €90,305 | €87,071 | -€3,234 | -3.6% |
| Operating profit (loss) | 9901 | €43,352 | €38,059 | -€5,293 | -12.2% |
| Financial income | 75/76B | €140 | €14 | -€126 | -89.7% |
| Recurring financial income | 75 | €140 | €14 | -€126 | -89.7% |
| Financial charges | 65/66B | €21,411 | €24,199 | +€2,788 | +13.0% |
| Recurring financial charges | 65 | €21,411 | €24,199 | +€2,788 | +13.0% |
| Profit (loss) for the period before taxes | 9903 | €22,081 | €13,874 | -€8,206 | -37.2% |
| Profit (loss) for the period | 9904 | €22,081 | €13,874 | -€8,206 | -37.2% |
| Profit (loss) for the period to be appropriated | 9905 | €22,081 | €13,874 | -€8,206 | -37.2% |
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 5 October 2026 via checked.be.