CLASS MOTORS: 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.
CLASS MOTORS
Largest movements
- Receivables within one year +€163,873
up €163,873 (+4602.4%), from €3,561 to €167,434
- Stocks and contracts +€78,751
up €78,751 (+61.5%), from €127,984 to €206,735
- Profit (loss) carried forward +€120,856
up €120,856 (+112.0%), from €107,950 to €228,807
- Tax, wage and social debts +€65,580
up €65,580 (+135.2%), from €48,520 to €114,100
- Trade debts +€54,880
up €54,880 (+68.0%), from €80,704 to €135,584
- Other debts -€5,841
no longer reported in 2024 (was €5,841)
- Gross operating margin +€16,409
up €16,409 (+11.4%), from €144,094 to €160,503
- Taxes +€4,522
up €4,522 (+15.1%), from €29,933 to €34,456
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 | €243,015 | €480,791 | +€237,775 | +97.8% |
| Fixed assets | 21/28 | €916 | €458 | -€458 | -50.0% |
| Tangible fixed assets | 22/27 | €916 | €458 | -€458 | -50.0% |
| Furniture and vehicles | 24 | €916 | €458 | -€458 | -50.0% |
| Current assets | 29/58 | €242,100 | €480,333 | +€238,233 | +98.4% |
| Stocks and contracts in progress | 3 | €127,984 | €206,735 | +€78,751 | +61.5% |
| Stocks | 30/36 | €127,984 | €206,735 | +€78,751 | +61.5% |
| Amounts receivable within one year | 40/41 | €3,561 | €167,434 | +€163,873 | +4602.4% |
| Other amounts receivable | 41 | €3,561 | €167,434 | +€163,873 | +4602.4% |
| Cash at bank and in hand | 54/58 | €110,555 | €106,164 | -€4,391 | -4.0% |
| Total equity and liabilities | 10/49 | €243,015 | €480,791 | +€237,775 | +97.8% |
| Equity | 10/15 | €107,950 | €228,807 | +€120,856 | +112.0% |
| Profit (loss) carried forward | 14 | €107,950 | €228,807 | +€120,856 | +112.0% |
| Amounts payable | 17/49 | €135,065 | €251,984 | +€116,919 | +86.6% |
| Amounts payable within one year | 42/48 | €135,065 | €251,984 | +€116,919 | +86.6% |
| Trade debts | 44 | €80,704 | €135,584 | +€54,880 | +68.0% |
| Suppliers | 440/4 | €80,704 | €135,584 | +€54,880 | +68.0% |
| Advances received on contracts in progress | 46 | - | €2,300 | +€2,300 | |
| Taxes, remuneration and social security | 45 | €48,520 | €114,100 | +€65,580 | +135.2% |
| Taxes | 450/3 | €48,520 | €114,100 | +€65,580 | +135.2% |
| Other amounts payable | 47/48 | €5,841 | - | -€5,841 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €458 | €458 | = | 0.0% |
| Other operating charges | 640/8 | €5,654 | €4,512 | -€1,142 | -20.2% |
| Gross operating margin | 9900 | €144,094 | €160,503 | +€16,409 | +11.4% |
| Operating profit (loss) | 9901 | €137,982 | €155,533 | +€17,551 | +12.7% |
| Financial charges | 65/66B | €98 | €221 | +€123 | +124.9% |
| Recurring financial charges | 65 | €98 | €221 | +€123 | +124.9% |
| Profit (loss) for the period before taxes | 9903 | €137,884 | €155,312 | +€17,428 | +12.6% |
| Income taxes | 67/77 | €29,933 | €34,456 | +€4,522 | +15.1% |
| Profit (loss) for the period | 9904 | €107,950 | €120,856 | +€12,906 | +12.0% |
| Profit (loss) for the period to be appropriated | 9905 | €107,950 | €120,856 | +€12,906 | +12.0% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 10 October 2026 via checked.be.