EURO-AUTO FRE: what changed
EURO-AUTO FRE
Largest movements
- Cash +€19,658
up €19,658 (+88.8%), from €22,128 to €41,786
mainly Depreciation (+€16,637) and Receivables within one year (+€11,451)
- Tangible fixed assets -€15,387
down €15,387 (-15.5%), from €98,971 to €83,584
of which Land and buildings: -€14,788
- Receivables within one year -€11,451
down €11,451 (-30.7%), from €37,286 to €25,835
of which Other amounts receivable: -€8,223
- Stocks and contracts -€7,724
down €7,724 (-6.0%), from €127,693 to €119,969
- Deferred charges and accrued income -€6,985
no longer reported in 2025 (was €6,985)
- Debts after one year -€21,292
down €21,292 (-41.5%), from €51,295 to €30,003
- Reserves -€4,169
down €4,169 (-2.2%), from €191,625 to €187,457
of which Tax-exempt reserves: -€4,210
- Trade debts +€3,904
up €3,904 (+109%), from €3,571 to €7,474
- Depreciation +€4,123
up €4,123 (+32.9%), from €12,515 to €16,637
- Gross operating margin +€1,132
up €1,132 (+7.1%), from €15,936 to €17,067
- Financial income +€895
up €895 (+125%), from €717 to €1,612
- Financial charges -€888
down €888 (-27.1%), from €3,281 to €2,394
- Other operating charges -€716
down €716 (-13.2%), from €5,413 to €4,697
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €294,063 | €272,173 | -€21,890 | -7.4% |
| Fixed assets | 21/28 | €99,971 | €84,584 | -€15,387 | -15.4% |
| Tangible fixed assets | 22/27 | €98,971 | €83,584 | -€15,387 | -15.5% |
| Land and buildings | 22 | €94,092 | €79,303 | -€14,788 | -15.7% |
| Plant, machinery and equipment | 23 | €1,207 | €702 | -€505 | -41.8% |
| Furniture and vehicles | 24 | €3,672 | €3,578 | -€94 | -2.6% |
| Financial fixed assets | 28 | €1,000 | €1,000 | = | 0.0% |
| Current assets | 29/58 | €194,092 | €187,590 | -€6,502 | -3.4% |
| Stocks and contracts in progress | 3 | €127,693 | €119,969 | -€7,724 | -6.0% |
| Stocks | 30/36 | €127,693 | €119,969 | -€7,724 | -6.0% |
| Amounts receivable within one year | 40/41 | €37,286 | €25,835 | -€11,451 | -30.7% |
| Trade receivables | 40 | €3,228 | - | -€3,228 | |
| Other amounts receivable | 41 | €34,058 | €25,835 | -€8,223 | -24.1% |
| Cash at bank and in hand | 54/58 | €22,128 | €41,786 | +€19,658 | +88.8% |
| Deferred charges and accrued income | 490/1 | €6,985 | - | -€6,985 | |
| Total equity and liabilities | 10/49 | €294,063 | €272,173 | -€21,890 | -7.4% |
| Equity | 10/15 | €210,225 | €206,057 | -€4,169 | -2.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €191,625 | €187,457 | -€4,169 | -2.2% |
| Tax-exempt reserves | 132 | €24,334 | €20,124 | -€4,210 | -17.3% |
| Distributable reserves | 133 | €167,291 | €167,332 | +€41 | 0.0% |
| Provisions and deferred taxes | 16 | €5,368 | €4,315 | -€1,052 | -19.6% |
| Deferred taxes | 168 | €5,368 | €4,315 | -€1,052 | -19.6% |
| Amounts payable | 17/49 | €78,470 | €61,802 | -€16,669 | -21.2% |
| Amounts payable after more than one year | 17 | €51,295 | €30,003 | -€21,292 | -41.5% |
| Financial debts | 170/4 | €51,295 | €30,003 | -€21,292 | -41.5% |
| Amounts payable within one year | 42/48 | €27,175 | €31,610 | +€4,435 | +16.3% |
| Current portion of amounts payable after more than one year | 42 | €20,784 | €21,291 | +€507 | +2.4% |
| Trade debts | 44 | €3,571 | €7,474 | +€3,904 | +109% |
| Suppliers | 440/4 | €3,571 | €7,474 | +€3,904 | +109% |
| Advances received on contracts in progress | 46 | €0 | - | = | |
| Taxes, remuneration and social security | 45 | €2,821 | €2,845 | +€24 | +0.9% |
| Taxes | 450/3 | €2,821 | €2,845 | +€24 | +0.9% |
| Accrued charges and deferred income | 492/3 | - | €189 | +€189 | |
| Non-recurring operating income | 76A | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,515 | €16,637 | +€4,123 | +32.9% |
| Other operating charges | 640/8 | €5,413 | €4,697 | -€716 | -13.2% |
| Non-recurring operating charges | 66A | €554 | - | -€554 | |
| Gross operating margin | 9900 | €15,936 | €17,067 | +€1,132 | +7.1% |
| Operating profit (loss) | 9901 | -€2,547 | -€4,267 | -€1,721 | -67.6% |
| Financial income | 75/76B | €717 | €1,612 | +€895 | +125% |
| Recurring financial income | 75 | €717 | €1,612 | +€895 | +125% |
| Financial charges | 65/66B | €3,281 | €2,394 | -€888 | -27.1% |
| Recurring financial charges | 65 | €3,281 | €2,394 | -€888 | -27.1% |
| Profit (loss) for the period before taxes | 9903 | -€5,111 | -€5,049 | +€62 | +1.2% |
| Transfer from deferred taxes | 780 | €1,052 | €1,052 | = | 0.0% |
| Income taxes | 67/77 | €396 | €172 | -€224 | -56.5% |
| Profit (loss) for the period | 9904 | -€4,454 | -€4,169 | +€286 | +6.4% |
| Transfer from tax-exempt reserves | 789 | €4,210 | €4,210 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€244 | €41 | +€286 |
Next steps
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 5 November 2026 via checked.be.