CUMMINS BELGIUM: what changed
What changed
CUMMINS BELGIUM
NACE 46.720, Wholesale of motor vehicle parts and accessories
filed annual accounts (NBB)
Net result for the year
-€236,926
2024 · €2.1m-€2.3m
Equity
€17.0m
2024 · €27.3m-€10.2m
Cash
€15.6m
2024 · €14.6m+€1.0m
Balance sheet total
€37.5m
2024 · €39.5m-€2.0m
Largest movements
Assets
- Receivables within one year -€2.4m
down €2.4m (-17.5%), from €13.9m to €11.5m
of which Trade receivables: -€2.4m
- Cash +€1.0m
up €1.0m (+6.9%), from €14.6m to €15.6m
mainly Other debts (+€10.0m) and Receivables within one year (+€2.4m)
- Stocks and contracts -€597,739
down €597,739 (-5.7%), from €10.4m to €9.8m
of which Stocks: -€607,201
Equity and liabilities
- Profit (loss) carried forward -€10.2m
down €10.2m (-39.3%), from €26.0m to €15.8m
- Other debts +€10.0m
new in 2025: €10.0m
- Trade debts -€2.6m
down €2.6m (-25.6%), from €10.1m to €7.5m
- Provisions +€829,000
new in 2025: €829,000
Income statement
- Turnover +€2.1m
up €2.1m (+4.0%), from €52.3m to €54.3m
- Goods and materials +€1.8m
up €1.8m (+4.6%), from €40.1m to €42.0m
of which Change in stocks: decrease (increase): +€2.5m
- Financial charges +€1.7m
up €1.7m (+3,838%), from €44,199 to €1.7m
- Provisions +€829,000
new in 2025: €829,000
- Financial income -€689,854
down €689,854 (-52.3%), from €1.3m to €629,081
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
€2.1m
Turnover
+€2.1m
Other operating income
-€375,439
Goods and materials
-€1.8m
Services and other goods
-€185,764
Staff costs
+€393,684
Depreciation
-€12,345
Write-downs
+€572,954
Provisions
-€829,000
Other operating charges
+€378,688
Other operating items
-€78,869
Financial income
-€689,854
Financial charges
-€1.7m
Taxes
-€6,868
Result 2025
-€236,926
raises the resultlowers the resultnot broken down further in the accounts
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€11.1m
Investment
-€61,791
Financing
-€10.0m
Cash 2024
€14.6m
From operations (derived)
+€11.1m
Net result for the year
-€236,926
Depreciation
+€62,359
Stocks and contracts
+€597,739
Receivables within one year
+€2.4m
Deferred charges and accrued income
-€21,941
Provisions
+€829,000
Trade debts
-€2.6m
Tax, wage and social debts
-€54,848
Other debts
+€10.0m
Accrued charges and deferred income
+€39,037
Investment (derived)
-€61,791
Investment in fixed assets (net)
-€61,791
Financing
-€10.0m
Contributions, distributions and other
-€10.0m
Cash 2025
€15.6m
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €39,471,972 | €37,476,303 | -€2.0m | -5.1% |
| Fixed assets | 21/28 | €382,180 | €381,611 | -€569 | -0.1% |
| Tangible fixed assets | 22/27 | €382,180 | €381,611 | -€569 | -0.1% |
| Plant, machinery and equipment | 23 | €631 | €10,937 | +€10,306 | +1,634% |
| Furniture and vehicles | 24 | €63,339 | €56,849 | -€6,490 | -10.2% |
| Other tangible fixed assets | 26 | €318,210 | €313,825 | -€4,385 | -1.4% |
| Current assets | 29/58 | €39,089,792 | €37,094,692 | -€2.0m | -5.1% |
| Stocks and contracts in progress | 3 | €10,401,013 | €9,803,273 | -€597,739 | -5.7% |
| Stocks | 30/36 | €10,247,814 | €9,640,612 | -€607,201 | -5.9% |
| Goods purchased for resale | 34 | €10,247,814 | €9,640,612 | -€607,201 | -5.9% |
| Contracts in progress | 37 | €153,199 | €162,661 | +€9,462 | +6.2% |
| Amounts receivable within one year | 40/41 | €13,894,767 | €11,464,300 | -€2.4m | -17.5% |
| Trade receivables | 40 | €13,371,225 | €10,950,079 | -€2.4m | -18.1% |
| Other amounts receivable | 41 | €523,542 | €514,221 | -€9,321 | -1.8% |
| Cash at bank and in hand | 54/58 | €14,576,315 | €15,587,480 | +€1.0m | +6.9% |
| Deferred charges and accrued income | 490/1 | €217,698 | €239,638 | +€21,941 | +10.1% |
| Total equity and liabilities | 10/49 | €39,471,972 | €37,476,303 | -€2.0m | -5.1% |
| Equity | 10/15 | €27,264,713 | €17,027,787 | -€10.2m | -37.5% |
| Contributions | 10/11 | €1,115,521 | €1,115,521 | = | 0.0% |
| Capital | 10 | €1,115,521 | €1,115,521 | = | 0.0% |
| Issued capital | 100 | €1,115,521 | €1,115,521 | = | 0.0% |
| Reserves | 13 | €111,552 | €111,552 | = | 0.0% |
| Non-distributable reserves | 130/1 | €111,552 | €111,552 | = | 0.0% |
| Legal reserve | 130 | €111,552 | €111,552 | = | 0.0% |
| Profit (loss) carried forward | 14 | €26,037,640 | €15,800,714 | -€10.2m | -39.3% |
| Provisions and deferred taxes | 16 | - | €829,000 | +€829,000 | |
| Provisions for liabilities and charges | 160/5 | - | €829,000 | +€829,000 | |
| Other liabilities and charges | 164/5 | - | €829,000 | +€829,000 | |
| Amounts payable | 17/49 | €12,207,259 | €19,619,516 | +€7.4m | +60.7% |
| Amounts payable within one year | 42/48 | €12,005,973 | €19,379,192 | +€7.4m | +61.4% |
| Trade debts | 44 | €10,050,454 | €7,478,523 | -€2.6m | -25.6% |
| Suppliers | 440/4 | €10,050,454 | €7,478,523 | -€2.6m | -25.6% |
| Taxes, remuneration and social security | 45 | €1,955,518 | €1,900,670 | -€54,848 | -2.8% |
| Taxes | 450/3 | €462,293 | €600,781 | +€138,488 | +30.0% |
| Remuneration and social security | 454/9 | €1,493,225 | €1,299,889 | -€193,336 | -12.9% |
| Other amounts payable | 47/48 | - | €10,000,000 | +€10.0m | |
| Accrued charges and deferred income | 492/3 | €201,286 | €240,323 | +€39,037 | +19.4% |
| Operating income | 70/76A | €53,941,494 | €55,553,176 | +€1.6m | +3.0% |
| Turnover | 70 | €52,262,237 | €54,328,227 | +€2.1m | +4.0% |
| Change in stocks of work in progress, finished goods and contracts in progress | 71 | €88,332 | €9,462 | -€78,869 | -89.3% |
| Other operating income | 74 | €1,590,925 | €1,215,486 | -€375,439 | -23.6% |
| Operating charges | 60/66A | €52,325,040 | €53,854,089 | +€1.5m | +2.9% |
| Goods for resale, raw materials and consumables | 60 | €40,113,880 | €41,961,147 | +€1.8m | +4.6% |
| Purchases | 600/8 | €41,964,917 | €41,284,022 | -€680,895 | -1.6% |
| Change in stocks: decrease (increase) | 609 | -€1,851,037 | €677,125 | +€2.5m | |
| Services and other goods | 61 | €3,637,979 | €3,823,742 | +€185,764 | +5.1% |
| Remuneration, social security and pensions | 62 | €7,632,699 | €7,239,015 | -€393,684 | -5.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €50,014 | €62,359 | +€12,345 | +24.7% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €487,406 | -€85,548 | -€572,954 | |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | - | €829,000 | +€829,000 | |
| Other operating charges | 640/8 | €403,062 | €24,374 | -€378,688 | -94.0% |
| Operating profit (loss) | 9901 | €1,616,455 | €1,699,086 | +€82,632 | +5.1% |
| Financial income | 75/76B | €1,318,934 | €629,081 | -€689,854 | -52.3% |
| Recurring financial income | 75 | €1,318,934 | €629,081 | -€689,854 | -52.3% |
| Income from current assets | 751 | €592,615 | €629,081 | +€36,466 | +6.2% |
| Other financial income | 752/9 | €726,319 | - | -€726,319 | |
| Financial charges | 65/66B | €44,199 | €1,740,777 | +€1.7m | +3,838% |
| Recurring financial charges | 65 | €44,199 | €1,740,777 | +€1.7m | +3,838% |
| Debt charges | 650 | €270 | €267 | -€3 | -1.0% |
| Other financial charges | 652/9 | €43,930 | €1,740,510 | +€1.7m | +3,862% |
| Profit (loss) for the period before taxes | 9903 | €2,891,190 | €587,391 | -€2.3m | -79.7% |
| Income taxes | 67/77 | €817,448 | €824,316 | +€6,868 | +0.8% |
| Taxes | 670/3 | €817,448 | €825,526 | +€8,078 | +1.0% |
| Tax adjustments and reversals of tax provisions | 77 | - | €1,210 | +€1,210 | |
| Profit (loss) for the period | 9904 | €2,073,742 | -€236,926 | -€2.3m | |
| Profit (loss) for the period to be appropriated | 9905 | €2,073,742 | -€236,926 | -€2.3m |
Next steps
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 6 November 2026 via checked.be.