CIAC - GENT: 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.
What changed
CIAC - GENT
NACE 47.811, Retail sale of cars and light vans (up to 3.5 tonnes)
financial year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€347,671
2024 · €303,135+€44,536
Equity
€3.8m
2024 · €3.5m+€247,671
Cash
€51,662
2024 · €375,750-€324,088
Balance sheet total
€14.3m
2024 · €17.4m-€3.1m
Largest movements
Assets
- Stocks and contracts -€1.6m
down €1.6m (-12.1%), from €13.5m to €11.9m
of which Stocks: -€1.6m
- Receivables within one year -€842,063
down €842,063 (-34.0%), from €2.5m to €1.6m
of which Trade receivables: -€817,688
- Cash -€324,088
down €324,088 (-86.3%), from €375,750 to €51,662
mainly Trade debts (-€1.3m) and Other debts (-€1.0m)
- Deferred charges and accrued income -€243,077
down €243,077 (-33.2%), from €731,276 to €488,199
Equity and liabilities
- Trade debts -€1.3m
down €1.3m (-14.9%), from €8.5m to €7.3m
- Other debts -€1.0m
down €1.0m (-89.0%), from €1.2m to €128,000
- Short-term financial debts -€750,000
down €750,000 (-25.0%), from €3.0m to €2.3m
- Advances received -€296,293
down €296,293 (-49.4%), from €599,494 to €303,201
- Profit (loss) carried forward +€247,671
up €247,671 (+69.3%), from €357,228 to €604,900
Income statement
- Turnover +€3.4m
up €3.4m (+10.4%), from €32.8m to €36.2m
- Goods and materials +€3.2m
up €3.2m (+11.4%), from €28.3m to €31.5m
of which Change in stocks: decrease (increase): +€6.6m
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
€303,135
Turnover
+€3.4m
Other operating income
+€21,893
Goods and materials
-€3.2m
Services and other goods
-€173,617
Staff costs
-€213,237
Depreciation
+€49,983
Write-downs
+€34,098
Provisions
+€11,861
Other operating charges
+€20,271
Other operating items
+€374
Financial income
-€562
Financial charges
+€120,485
Taxes
-€12,472
Result 2025
€347,671
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
+€553,437
Investment
-€22,396
Financing
-€855,128
Cash 2024
€375,750
From operations (derived)
+€553,437
Net result for the year
+€347,671
Depreciation
+€92,556
Stocks and contracts
+€1.6m
Receivables within one year
+€842,063
Deferred charges and accrued income
+€243,077
Provisions
-€1,661
Trade debts
-€1.3m
Tax, wage and social debts
+€55,716
Advances received
-€296,293
Other debts
-€1.0m
Accrued charges and deferred income
-€52,493
Investment (derived)
-€22,396
Investment in fixed assets (net)
-€22,396
Financing
-€855,128
Debts after one year
-€862
Current portion of long-term debt
-€4,267
Short-term financial debts
-€750,000
Contributions, distributions and other
-€100,000
Cash 2025
€51,662
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €17,414,377 | €14,302,198 | -€3.1m | -17.9% |
| Fixed assets | 21/28 | €332,491 | €262,331 | -€70,160 | -21.1% |
| Intangible fixed assets | 21 | €29,292 | €21,532 | -€7,760 | -26.5% |
| Tangible fixed assets | 22/27 | €301,046 | €239,188 | -€61,858 | -20.5% |
| Plant, machinery and equipment | 23 | €171,231 | €166,578 | -€4,653 | -2.7% |
| Furniture and vehicles | 24 | €126,693 | €70,975 | -€55,718 | -44.0% |
| Other tangible fixed assets | 26 | €3,122 | €1,635 | -€1,487 | -47.6% |
| Financial fixed assets | 28 | €2,153 | €1,611 | -€542 | -25.2% |
| Other financial fixed assets | 284/8 | €2,153 | €1,611 | -€542 | -25.2% |
| Amounts receivable and cash guarantees | 285/8 | €2,153 | €1,611 | -€542 | -25.2% |
| Current assets | 29/58 | €17,081,885 | €14,039,867 | -€3.0m | -17.8% |
| Stocks and contracts in progress | 3 | €13,501,597 | €11,868,806 | -€1.6m | -12.1% |
| Stocks | 30/36 | €13,489,196 | €11,858,583 | -€1.6m | -12.1% |
| Goods purchased for resale | 34 | €13,489,196 | €11,858,583 | -€1.6m | -12.1% |
| Contracts in progress | 37 | €12,401 | €10,224 | -€2,178 | -17.6% |
| Amounts receivable within one year | 40/41 | €2,473,262 | €1,631,199 | -€842,063 | -34.0% |
| Trade receivables | 40 | €2,448,122 | €1,630,434 | -€817,688 | -33.4% |
| Other amounts receivable | 41 | €25,140 | €765 | -€24,375 | -97.0% |
| Cash at bank and in hand | 54/58 | €375,750 | €51,662 | -€324,088 | -86.3% |
| Deferred charges and accrued income | 490/1 | €731,276 | €488,199 | -€243,077 | -33.2% |
| Total equity and liabilities | 10/49 | €17,414,377 | €14,302,198 | -€3.1m | -17.9% |
| Equity | 10/15 | €3,527,725 | €3,775,397 | +€247,671 | +7.0% |
| Contributions | 10/11 | €1,107,242 | €1,107,242 | = | 0.0% |
| Capital | 10 | €1,107,242 | €1,107,242 | = | 0.0% |
| Issued capital | 100 | €1,107,242 | €1,107,242 | = | 0.0% |
| Reserves | 13 | €2,063,255 | €2,063,255 | = | 0.0% |
| Non-distributable reserves | 130/1 | €110,724 | €110,724 | = | 0.0% |
| Legal reserve | 130 | €110,724 | €110,724 | = | 0.0% |
| Tax-exempt reserves | 132 | €46,824 | €46,824 | = | 0.0% |
| Distributable reserves | 133 | €1,905,707 | €1,905,707 | = | 0.0% |
| Profit (loss) carried forward | 14 | €357,228 | €604,900 | +€247,671 | +69.3% |
| Provisions and deferred taxes | 16 | €55,268 | €53,607 | -€1,661 | -3.0% |
| Provisions for liabilities and charges | 160/5 | €55,268 | €53,607 | -€1,661 | -3.0% |
| Other liabilities and charges | 164/5 | €55,268 | €53,607 | -€1,661 | -3.0% |
| Amounts payable | 17/49 | €13,831,384 | €10,473,195 | -€3.4m | -24.3% |
| Amounts payable after more than one year | 17 | €862 | - | -€862 | |
| Financial debts | 170/4 | €862 | - | -€862 | |
| Credit institutions | 173 | €862 | - | -€862 | |
| Amounts payable within one year | 42/48 | €13,683,186 | €10,378,352 | -€3.3m | -24.2% |
| Current portion of amounts payable after more than one year | 42 | €5,128 | €862 | -€4,267 | -83.2% |
| Financial debts | 43 | €3,000,000 | €2,250,000 | -€750,000 | -25.0% |
| Credit institutions | 430/8 | €3,000,000 | €2,250,000 | -€750,000 | -25.0% |
| Trade debts | 44 | €8,541,802 | €7,266,812 | -€1.3m | -14.9% |
| Suppliers | 440/4 | €8,541,802 | €7,266,812 | -€1.3m | -14.9% |
| Advances received on contracts in progress | 46 | €599,494 | €303,201 | -€296,293 | -49.4% |
| Taxes, remuneration and social security | 45 | €373,761 | €429,477 | +€55,716 | +14.9% |
| Taxes | 450/3 | €100,151 | €113,074 | +€12,924 | +12.9% |
| Remuneration and social security | 454/9 | €273,611 | €316,403 | +€42,792 | +15.6% |
| Other amounts payable | 47/48 | €1,163,000 | €128,000 | -€1.0m | -89.0% |
| Accrued charges and deferred income | 492/3 | €147,336 | €94,843 | -€52,493 | -35.6% |
| Operating income | 70/76A | €33,057,108 | €36,496,662 | +€3.4m | +10.4% |
| Turnover | 70 | €32,819,762 | €36,237,423 | +€3.4m | +10.4% |
| Other operating income | 74 | €237,346 | €259,239 | +€21,893 | +9.2% |
| Operating charges | 60/66A | €32,317,610 | €35,820,079 | +€3.5m | +10.8% |
| Goods for resale, raw materials and consumables | 60 | €28,261,664 | €31,493,868 | +€3.2m | +11.4% |
| Purchases | 600/8 | €33,235,269 | €29,880,855 | -€3.4m | -10.1% |
| Change in stocks: decrease (increase) | 609 | -€4,973,605 | €1,613,012 | +€6.6m | |
| Services and other goods | 61 | €1,570,238 | €1,743,855 | +€173,617 | +11.1% |
| Remuneration, social security and pensions | 62 | €2,198,550 | €2,411,787 | +€213,237 | +9.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €142,540 | €92,556 | -€49,983 | -35.1% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €86,433 | €52,335 | -€34,098 | -39.5% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | €10,200 | -€1,661 | -€11,861 | |
| Other operating charges | 640/8 | €47,072 | €26,800 | -€20,271 | -43.1% |
| Non-recurring operating charges | 66A | €913 | €539 | -€374 | -41.0% |
| Operating profit (loss) | 9901 | €739,498 | €676,582 | -€62,916 | -8.5% |
| Financial income | 75/76B | €1,620 | €1,058 | -€562 | -34.7% |
| Recurring financial income | 75 | €1,620 | €1,058 | -€562 | -34.7% |
| Other financial income | 752/9 | €1,620 | €1,058 | -€562 | -34.7% |
| Financial charges | 65/66B | €309,364 | €188,879 | -€120,485 | -38.9% |
| Recurring financial charges | 65 | €309,364 | €188,879 | -€120,485 | -38.9% |
| Debt charges | 650 | €301,613 | €181,076 | -€120,536 | -40.0% |
| Other financial charges | 652/9 | €7,751 | €7,802 | +€51 | +0.7% |
| Profit (loss) for the period before taxes | 9903 | €431,754 | €488,762 | +€57,008 | +13.2% |
| Income taxes | 67/77 | €128,619 | €141,090 | +€12,472 | +9.7% |
| Taxes | 670/3 | €128,619 | €141,090 | +€12,472 | +9.7% |
| Profit (loss) for the period | 9904 | €303,135 | €347,671 | +€44,536 | +14.7% |
| Profit (loss) for the period to be appropriated | 9905 | €303,135 | €347,671 | +€44,536 | +14.7% |
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 11 October 2026 via checked.be.