E-G CAR'S: 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.
E-G CAR'S
Largest movements
- Tangible fixed assets +€171,841
up €171,841 (+488%), from €35,202 to €207,043
of which Land and buildings: +€149,676
- Cash -€72,489
down €72,489 (-62.0%), from €116,901 to €44,412
mainly Investment in fixed assets (net) (-€201,460) and Tax, wage and social debts (-€3,192)
- Formation expenses +€4,299
up €4,299, from €0 to €4,299
- Receivables within one year -€3,517
down €3,517 (-29.5%), from €11,923 to €8,406
of which Other amounts receivable: -€4,129
- Debts after one year +€44,733
up €44,733 (+559%), from €8,009 to €52,742
- Other debts +€32,693
up €32,693 (+1,621%), from €2,016 to €34,709
- Profit (loss) carried forward +€26,701
up €26,701 (+21.2%), from €125,814 to €152,515
- Tax, wage and social debts -€3,192
down €3,192 (-17.4%), from €18,362 to €15,169
of which Taxes: -€2,510
- Depreciation +€11,702
up €11,702 (+85.9%), from €13,618 to €25,321
- Staff costs +€8,550
up €8,550 (+10.9%), from €78,775 to €87,325
- Taxes -€8,261
down €8,261 (-60.7%), from €13,609 to €5,348
- Gross operating margin -€7,831
down €7,831 (-5.4%), from €146,158 to €138,327
- Financial income -€1,866
down €1,866 (-12.0%), from €15,565 to €13,699
of which Non-recurring financial income: -€1,912
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 | €188,348 | €289,083 | +€100,735 | +53.5% |
| Formation expenses | 20 | €0 | €4,299 | +€4,299 | |
| Fixed assets | 21/28 | €35,202 | €207,043 | +€171,841 | +488% |
| Tangible fixed assets | 22/27 | €35,202 | €207,043 | +€171,841 | +488% |
| Land and buildings | 22 | €0 | €149,676 | +€149,676 | |
| Plant, machinery and equipment | 23 | €24,345 | €29,647 | +€5,303 | +21.8% |
| Furniture and vehicles | 24 | €10,858 | €27,720 | +€16,863 | +155% |
| Current assets | 29/58 | €153,145 | €77,741 | -€75,405 | -49.2% |
| Stocks and contracts in progress | 3 | €24,322 | €24,923 | +€601 | +2.5% |
| Stocks | 30/36 | €24,322 | €24,923 | +€601 | +2.5% |
| Amounts receivable within one year | 40/41 | €11,923 | €8,406 | -€3,517 | -29.5% |
| Trade receivables | 40 | €1,144 | €1,756 | +€612 | +53.4% |
| Other amounts receivable | 41 | €10,778 | €6,650 | -€4,129 | -38.3% |
| Cash at bank and in hand | 54/58 | €116,901 | €44,412 | -€72,489 | -62.0% |
| Total equity and liabilities | 10/49 | €188,348 | €289,083 | +€100,735 | +53.5% |
| Equity | 10/15 | €146,274 | €172,975 | +€26,701 | +18.3% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €125,814 | €152,515 | +€26,701 | +21.2% |
| Amounts payable | 17/49 | €42,074 | €116,108 | +€74,034 | +176% |
| Amounts payable after more than one year | 17 | €8,009 | €52,742 | +€44,733 | +559% |
| Financial debts | 170/4 | €8,009 | €52,742 | +€44,733 | +559% |
| Amounts payable within one year | 42/48 | €34,065 | €63,366 | +€29,301 | +86.0% |
| Current portion of amounts payable after more than one year | 42 | €4,992 | €5,267 | +€275 | +5.5% |
| Trade debts | 44 | €8,695 | €8,220 | -€475 | -5.5% |
| Suppliers | 440/4 | €8,695 | €8,220 | -€475 | -5.5% |
| Taxes, remuneration and social security | 45 | €18,362 | €15,169 | -€3,192 | -17.4% |
| Taxes | 450/3 | €12,954 | €10,444 | -€2,510 | -19.4% |
| Remuneration and social security | 454/9 | €5,408 | €4,726 | -€682 | -12.6% |
| Other amounts payable | 47/48 | €2,016 | €34,709 | +€32,693 | +1,621% |
| Remuneration, social security and pensions | 62 | €78,775 | €87,325 | +€8,550 | +10.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,618 | €25,321 | +€11,702 | +85.9% |
| Other operating charges | 640/8 | €3,123 | €4,364 | +€1,241 | +39.7% |
| Gross operating margin | 9900 | €146,158 | €138,327 | -€7,831 | -5.4% |
| Operating profit (loss) | 9901 | €50,642 | €21,317 | -€29,325 | -57.9% |
| Financial income | 75/76B | €15,565 | €13,699 | -€1,866 | -12.0% |
| Recurring financial income | 75 | €1,928 | €1,974 | +€47 | +2.4% |
| Non-recurring financial income | 76B | €13,637 | €11,725 | -€1,912 | -14.0% |
| Financial charges | 65/66B | €2,182 | €2,967 | +€785 | +36.0% |
| Recurring financial charges | 65 | €2,182 | €2,967 | +€785 | +36.0% |
| Profit (loss) for the period before taxes | 9903 | €64,024 | €32,049 | -€31,975 | -49.9% |
| Income taxes | 67/77 | €13,609 | €5,348 | -€8,261 | -60.7% |
| Profit (loss) for the period | 9904 | €50,415 | €26,701 | -€23,714 | -47.0% |
| Profit (loss) for the period to be appropriated | 9905 | €50,415 | €26,701 | -€23,714 | -47.0% |
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 1 November 2026 via checked.be.