DS33-CARS: what changed
What changed
DS33-CARS
NACE 47.811, Retail sale of cars and light vans (up to 3.5 tonnes)
filed annual accounts (NBB)
Net result for the year
€109,124
2024 · €167,626-€58,502
Equity
€377,932
2024 · €268,808+€109,124
Cash
€47,752
2024 · €178,402-€130,650
Balance sheet total
€2.1m
2024 · €1.4m+€676,781
Largest movements
Assets
- Tangible fixed assets +€564,021
up €564,021 (+112%), from €502,067 to €1.1m
of which Land and buildings: +€551,775
- Stocks and contracts +€296,834
up €296,834 (+56.6%), from €524,864 to €821,698
- Cash -€130,650
down €130,650 (-73.2%), from €178,402 to €47,752
mainly Investment in fixed assets (net) (-€723,183) and Stocks and contracts (-€296,834)
- Receivables within one year -€57,533
down €57,533 (-35.1%), from €164,063 to €106,531
of which Trade receivables: -€61,067
Equity and liabilities
- Debts after one year +€526,955
up €526,955 (+108%), from €489,949 to €1.0m
- Reserves +€109,124
up €109,124 (+40.7%), from €268,308 to €377,432
- Accrued charges and deferred income -€27,696
down €27,696 (-50.4%), from €54,973 to €27,277
- Advances received +€24,499
new in 2025: €24,499
Income statement
- Gross operating margin +€134,004
up €134,004 (+39.2%), from €341,989 to €475,993
- Depreciation +€131,866
up €131,866 (+477%), from €27,657 to €159,522
- Other operating charges +€86,210
up €86,210 (+1,410%), from €6,113 to €92,323
- Taxes -€28,915
down €28,915 (-50.7%), from €56,983 to €28,067
- Financial charges +€11,942
up €11,942 (+15.8%), from €75,493 to €87,435
of which Financial charges: +€11,582
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
€167,626
Gross operating margin
+€134,004
Depreciation
-€131,866
Other operating charges
-€86,210
Other operating items
+€8,441
Financial income
+€155
Financial charges
-€11,942
Taxes
+€28,915
Result 2025
€109,124
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
+€55,481
Investment
-€723,183
Financing
+€537,053
Cash 2024
€178,402
From operations (derived)
+€55,481
Net result for the year
+€109,124
Depreciation
+€159,522
Stocks and contracts
-€296,834
Receivables within one year
+€57,533
Deferred charges and accrued income
-€4,468
Trade debts
+€11,246
Tax, wage and social debts
+€6,950
Advances received
+€24,499
Other debts
+€15,605
Accrued charges and deferred income
-€27,696
Investment (derived)
-€723,183
Investment in fixed assets (net)
-€723,183
Financing
+€537,053
Debts after one year
+€526,955
Current portion of long-term debt
+€10,097
Cash 2025
€47,752
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,373,329 | €2,050,110 | +€676,781 | +49.3% |
| Fixed assets | 21/28 | €502,927 | €1,066,588 | +€563,661 | +112% |
| Tangible fixed assets | 22/27 | €502,067 | €1,066,088 | +€564,021 | +112% |
| Land and buildings | 22 | €472,649 | €1,024,424 | +€551,775 | +117% |
| Plant, machinery and equipment | 23 | €7,218 | €21,476 | +€14,258 | +198% |
| Furniture and vehicles | 24 | €22,200 | €20,188 | -€2,012 | -9.1% |
| Financial fixed assets | 28 | €860 | €500 | -€360 | -41.8% |
| Current assets | 29/58 | €870,402 | €983,522 | +€113,120 | +13.0% |
| Stocks and contracts in progress | 3 | €524,864 | €821,698 | +€296,834 | +56.6% |
| Stocks | 30/36 | €524,864 | €821,698 | +€296,834 | +56.6% |
| Amounts receivable within one year | 40/41 | €164,063 | €106,531 | -€57,533 | -35.1% |
| Trade receivables | 40 | €150,843 | €89,776 | -€61,067 | -40.5% |
| Other amounts receivable | 41 | €13,220 | €16,754 | +€3,534 | +26.7% |
| Cash at bank and in hand | 54/58 | €178,402 | €47,752 | -€130,650 | -73.2% |
| Deferred charges and accrued income | 490/1 | €3,073 | €7,542 | +€4,468 | +145% |
| Total equity and liabilities | 10/49 | €1,373,329 | €2,050,110 | +€676,781 | +49.3% |
| Equity | 10/15 | €268,808 | €377,932 | +€109,124 | +40.6% |
| Contributions | 10/11 | €500 | €500 | = | 0.0% |
| Reserves | 13 | €268,308 | €377,432 | +€109,124 | +40.7% |
| Distributable reserves | 133 | €268,308 | €377,432 | +€109,124 | +40.7% |
| Amounts payable | 17/49 | €1,104,521 | €1,672,178 | +€567,657 | +51.4% |
| Amounts payable after more than one year | 17 | €489,949 | €1,016,905 | +€526,955 | +108% |
| Financial debts | 170/4 | €489,949 | €1,016,905 | +€526,955 | +108% |
| Amounts payable within one year | 42/48 | €559,599 | €627,996 | +€68,397 | +12.2% |
| Current portion of amounts payable after more than one year | 42 | €22,998 | €33,095 | +€10,097 | +43.9% |
| Financial debts | 43 | €150,000 | €150,000 | = | 0.0% |
| Credit institutions | 430/8 | €150,000 | €150,000 | = | 0.0% |
| Trade debts | 44 | €8,829 | €20,075 | +€11,246 | +127% |
| Suppliers | 440/4 | €8,829 | €20,075 | +€11,246 | +127% |
| Advances received on contracts in progress | 46 | - | €24,499 | +€24,499 | |
| Taxes, remuneration and social security | 45 | €4,792 | €11,742 | +€6,950 | +145% |
| Taxes | 450/3 | €4,792 | €11,742 | +€6,950 | +145% |
| Other amounts payable | 47/48 | €372,980 | €388,585 | +€15,605 | +4.2% |
| Accrued charges and deferred income | 492/3 | €54,973 | €27,277 | -€27,696 | -50.4% |
| Non-recurring operating income | 76A | €27,024 | €219,907 | +€192,883 | +714% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €27,657 | €159,522 | +€131,866 | +477% |
| Other operating charges | 640/8 | €6,113 | €92,323 | +€86,210 | +1,410% |
| Non-recurring operating charges | 66A | €8,441 | - | -€8,441 | |
| Gross operating margin | 9900 | €341,989 | €475,993 | +€134,004 | +39.2% |
| Operating profit (loss) | 9901 | €299,779 | €224,148 | -€75,631 | -25.2% |
| Financial income | 75/76B | €324 | €479 | +€155 | +47.9% |
| Recurring financial income | 75 | €324 | €479 | +€155 | +47.9% |
| Financial charges | 65/66B | €75,493 | €87,435 | +€11,942 | +15.8% |
| Recurring financial charges | 65 | €75,493 | €87,075 | +€11,582 | +15.3% |
| Non-recurring financial charges | 66B | - | €360 | +€360 | |
| Profit (loss) for the period before taxes | 9903 | €224,609 | €137,192 | -€87,418 | -38.9% |
| Income taxes | 67/77 | €56,983 | €28,067 | -€28,915 | -50.7% |
| Profit (loss) for the period | 9904 | €167,626 | €109,124 | -€58,502 | -34.9% |
| Profit (loss) for the period to be appropriated | 9905 | €167,626 | €109,124 | -€58,502 | -34.9% |
Next steps
Work out how much credit to give this customer and on what payment terms.Credit check Check what to know before you do business with this company.Supplier due diligence Check whether you can accept this company as a client under the anti-money-laundering law.AML client file Compare this company with its sector.Sector benchmark
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 2 November 2026 via checked.be.