ELECTRIC VEHICLE ENGINEERING: 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.
ELECTRIC VEHICLE ENGINEERING
Largest movements
- Cash +€2,276
up €2,276 (+79.9%), from €2,849 to €5,125
mainly Other debts (+€5,000) and Trade debts (+€644)
- Other debts +€5,000
up €5,000 (+1.7%), from €290,000 to €295,000
- Profit (loss) carried forward -€3,368
down €3,368 (-1.3%), from -€254,866 to -€258,234
- Trade debts +€644
new in 2024: €644
- Gross operating margin -€605
down €605 (-33.5%), from -€1,807 to -€2,412
- Other operating charges +€132
up €132 (+31.2%), from €425 to €557
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.
Derived cash bridge
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 | €53,734 | €56,010 | +€2,276 | +4.2% |
| Current assets | 29/58 | €53,734 | €56,010 | +€2,276 | +4.2% |
| Stocks and contracts in progress | 3 | €11,866 | €11,866 | = | 0.0% |
| Stocks | 30/36 | €11,866 | €11,866 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €39,019 | €39,019 | = | 0.0% |
| Trade receivables | 40 | €37,412 | €37,412 | = | 0.0% |
| Other amounts receivable | 41 | €1,607 | €1,607 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €2,849 | €5,125 | +€2,276 | +79.9% |
| Total equity and liabilities | 10/49 | €53,734 | €56,010 | +€2,276 | +4.2% |
| Equity | 10/15 | -€236,266 | -€239,634 | -€3,368 | -1.4% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€254,866 | -€258,234 | -€3,368 | -1.3% |
| Amounts payable | 17/49 | €290,000 | €295,644 | +€5,644 | +1.9% |
| Amounts payable within one year | 42/48 | €290,000 | €295,644 | +€5,644 | +1.9% |
| Trade debts | 44 | - | €644 | +€644 | |
| Suppliers | 440/4 | - | €644 | +€644 | |
| Other amounts payable | 47/48 | €290,000 | €295,000 | +€5,000 | +1.7% |
| Other operating charges | 640/8 | €425 | €557 | +€132 | +31.2% |
| Gross operating margin | 9900 | -€1,807 | -€2,412 | -€605 | -33.5% |
| Operating profit (loss) | 9901 | -€2,231 | -€2,969 | -€737 | -33.0% |
| Financial charges | 65/66B | €394 | €399 | +€6 | +1.4% |
| Recurring financial charges | 65 | €394 | €399 | +€6 | +1.4% |
| Profit (loss) for the period before taxes | 9903 | -€2,625 | -€3,368 | -€743 | -28.3% |
| Profit (loss) for the period | 9904 | -€2,625 | -€3,368 | -€743 | -28.3% |
| Profit (loss) for the period to be appropriated | 9905 | -€2,625 | -€3,368 | -€743 | -28.3% |
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 19 October 2026 via checked.be.