CarWorx: what changed
Two financial 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.
CarWorx
Largest movements
- Tangible fixed assets +€97,679
up €97,679 (+171%), from €57,027 to €154,707
of which Furniture and vehicles: +€95,394
- Cash +€64,565
up €64,565 (+152%), from €42,347 to €106,912
mainly Debts after one year (+€97,182) and Net result for the year (+€58,436)
- Receivables within one year +€8,468
up €8,468 (+18.4%), from €45,962 to €54,430
of which Other amounts receivable: +€17,824
- Debts after one year +€97,182
up €97,182 (+463%), from €21,000 to €118,183
- Other debts +€29,166
up €29,166 (+126%), from €23,098 to €52,264
- Reserves +€17,260
up €17,260 (+95.4%), from €18,097 to €35,357
- Current portion of long-term debt +€16,511
up €16,511 (+96.7%), from €17,070 to €33,581
- Trade debts +€9,121
up €9,121 (+15.0%), from €60,990 to €70,111
- Gross operating margin +€131,743
up €131,743 (+292%), from €45,050 to €176,793
- Staff costs +€40,283
up €40,283 (+895%), from €4,499 to €44,782
- Depreciation +€29,628
up €29,628 (+722%), from €4,106 to €33,735
- Other operating charges +€16,850
up €16,850 (+1,174%), from €1,436 to €18,286
- Taxes +€6,467
up €6,467 (+62.0%), from €10,437 to €16,904
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.
Derived cash bridge
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 | €166,245 | €336,736 | +€170,492 | +103% |
| Formation expenses | 20 | €235 | €0 | -€235 | -100% |
| Fixed assets | 21/28 | €57,027 | €154,707 | +€97,679 | +171% |
| Tangible fixed assets | 22/27 | €57,027 | €154,707 | +€97,679 | +171% |
| Plant, machinery and equipment | 23 | €10,324 | €12,609 | +€2,285 | +22.1% |
| Furniture and vehicles | 24 | €46,704 | €142,098 | +€95,394 | +204% |
| Current assets | 29/58 | €108,983 | €182,029 | +€73,047 | +67.0% |
| Stocks and contracts in progress | 3 | €5,739 | €6,401 | +€662 | +11.5% |
| Stocks | 30/36 | €5,739 | €6,401 | +€662 | +11.5% |
| Amounts receivable within one year | 40/41 | €45,962 | €54,430 | +€8,468 | +18.4% |
| Trade receivables | 40 | €43,190 | €33,834 | -€9,356 | -21.7% |
| Other amounts receivable | 41 | €2,772 | €20,596 | +€17,824 | +643% |
| Cash at bank and in hand | 54/58 | €42,347 | €106,912 | +€64,565 | +152% |
| Deferred charges and accrued income | 490/1 | €14,935 | €14,286 | -€649 | -4.3% |
| Total equity and liabilities | 10/49 | €166,245 | €336,736 | +€170,492 | +103% |
| Equity | 10/15 | €23,097 | €40,357 | +€17,260 | +74.7% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €18,097 | €35,357 | +€17,260 | +95.4% |
| Distributable reserves | 133 | €18,097 | €35,357 | +€17,260 | +95.4% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €143,147 | €296,380 | +€153,232 | +107% |
| Amounts payable after more than one year | 17 | €21,000 | €118,183 | +€97,182 | +463% |
| Financial debts | 170/4 | €21,000 | €118,183 | +€97,182 | +463% |
| Amounts payable within one year | 42/48 | €119,507 | €175,681 | +€56,174 | +47.0% |
| Current portion of amounts payable after more than one year | 42 | €17,070 | €33,581 | +€16,511 | +96.7% |
| Trade debts | 44 | €60,990 | €70,111 | +€9,121 | +15.0% |
| Suppliers | 440/4 | €60,990 | €70,111 | +€9,121 | +15.0% |
| Advances received on contracts in progress | 46 | €684 | €557 | -€127 | -18.6% |
| Taxes, remuneration and social security | 45 | €17,665 | €19,168 | +€1,503 | +8.5% |
| Taxes | 450/3 | €17,665 | €16,418 | -€1,247 | -7.1% |
| Remuneration and social security | 454/9 | - | €2,750 | +€2,750 | |
| Other amounts payable | 47/48 | €23,098 | €52,264 | +€29,166 | +126% |
| Accrued charges and deferred income | 492/3 | €2,640 | €2,516 | -€124 | -4.7% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Remuneration, social security and pensions | 62 | €4,499 | €44,782 | +€40,283 | +895% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,106 | €33,735 | +€29,628 | +722% |
| Other operating charges | 640/8 | €1,436 | €18,286 | +€16,850 | +1,174% |
| Non-recurring operating charges | 66A | €0 | €174 | +€174 | |
| Gross operating margin | 9900 | €45,050 | €176,793 | +€131,743 | +292% |
| Operating profit (loss) | 9901 | €35,010 | €79,817 | +€44,807 | +128% |
| Financial income | 75/76B | €151 | €2 | -€149 | -98.6% |
| Recurring financial income | 75 | €151 | €2 | -€149 | -98.6% |
| Financial charges | 65/66B | €1,626 | €4,479 | +€2,853 | +175% |
| Recurring financial charges | 65 | €1,626 | €4,479 | +€2,853 | +175% |
| Profit (loss) for the period before taxes | 9903 | €33,535 | €75,340 | +€41,805 | +125% |
| Income taxes | 67/77 | €10,437 | €16,904 | +€6,467 | +62.0% |
| Profit (loss) for the period | 9904 | €23,098 | €58,436 | +€35,338 | +153% |
| Profit (loss) for the period to be appropriated | 9905 | €23,098 | €58,436 | +€35,338 | +153% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 22 October 2026 via checked.be.