fair drive belux: what changed
What changed
fair drive belux
NACE 47.811, Retail sale of cars and light vans (up to 3.5 tonnes)
filed annual accounts (NBB)
Net result for the year
€26,675
2024 · €9,989+€16,686
Equity
€269,678
2024 · €243,003+€26,675
Cash
€130,808
2024 · €17,623+€113,185
Balance sheet total
€11.2m
2024 · €2.5m+€8.7m
Largest movements
Assets
- Tangible fixed assets +€8.7m
up €8.7m (+5,575%), from €155,334 to €8.8m
of which Furniture and vehicles: +€8.7m
- Stocks and contracts -€316,178
down €316,178 (-21.4%), from €1.5m to €1.2m
- Deferred charges and accrued income +€193,503
up €193,503 (+338%), from €57,296 to €250,799
- Cash +€113,185
up €113,185 (+642%), from €17,623 to €130,808
mainly Other debts (+€9.1m) and Stocks and contracts (+€316,178)
Equity and liabilities
- Other debts +€9.1m
up €9.1m (+628%), from €1.5m to €10.6m
- Tax, wage and social debts -€415,132
down €415,132 (-96.5%), from €430,044 to €14,911
of which Taxes: -€420,970
- Short-term financial debts -€250,000
down €250,000 (-100%), from €250,000 to €0
- Trade debts +€216,565
up €216,565 (+236%), from €91,883 to €308,449
Income statement
- Gross operating margin +€835,606
up €835,606 (+230%), from €362,681 to €1.2m
- Other operating charges +€410,105
up €410,105 (+3,565%), from €11,503 to €421,609
- Depreciation +€241,718
up €241,718 (+954%), from €25,333 to €267,051
- Financial charges +€177,007
up €177,007 (+422%), from €41,939 to €218,946
- Staff costs -€106,440
down €106,440 (-29.3%), from €363,546 to €257,105
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
€9,989
Gross operating margin
+€835,606
Staff costs
+€106,440
Depreciation
-€241,718
Write-downs
-€97,034
Other operating charges
-€410,105
Financial income
+€191
Financial charges
-€177,007
Taxes
+€314
Result 2025
€26,675
raises the resultlowers the result
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
+€9.3m
Investment
-€8.9m
Financing
-€251,641
Cash 2024
€17,623
From operations (derived)
+€9.3m
Net result for the year
+€26,675
Depreciation
+€267,051
Stocks and contracts
+€316,178
Receivables within one year
-€45,342
Deferred charges and accrued income
-€193,503
Trade debts
+€216,565
Tax, wage and social debts
-€415,132
Other debts
+€9.1m
Accrued charges and deferred income
-€2,674
Investment (derived)
-€8.9m
Investment in fixed assets (net)
-€8.9m
Financing
-€251,641
Current portion of long-term debt
-€1,641
Short-term financial debts
-€250,000
Cash 2025
€130,808
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €2,470,856 | €11,167,342 | +€8.7m | +352% |
| Fixed assets | 21/28 | €158,347 | €8,818,981 | +€8.7m | +5,469% |
| Tangible fixed assets | 22/27 | €155,334 | €8,815,968 | +€8.7m | +5,575% |
| Plant, machinery and equipment | 23 | €9,846 | €7,966 | -€1,880 | -19.1% |
| Furniture and vehicles | 24 | €111,089 | €8,779,017 | +€8.7m | +7,803% |
| Other tangible fixed assets | 26 | €34,399 | €28,986 | -€5,413 | -15.7% |
| Financial fixed assets | 28 | €3,013 | €3,013 | = | 0.0% |
| Current assets | 29/58 | €2,312,509 | €2,348,361 | +€35,851 | +1.6% |
| Stocks and contracts in progress | 3 | €1,480,294 | €1,164,117 | -€316,178 | -21.4% |
| Stocks | 30/36 | €1,480,294 | €1,164,117 | -€316,178 | -21.4% |
| Amounts receivable within one year | 40/41 | €757,296 | €802,638 | +€45,342 | +6.0% |
| Trade receivables | 40 | €757,296 | €334,240 | -€423,056 | -55.9% |
| Other amounts receivable | 41 | - | €468,397 | +€468,397 | |
| Cash at bank and in hand | 54/58 | €17,623 | €130,808 | +€113,185 | +642% |
| Deferred charges and accrued income | 490/1 | €57,296 | €250,799 | +€193,503 | +338% |
| Total equity and liabilities | 10/49 | €2,470,856 | €11,167,342 | +€8.7m | +352% |
| Equity | 10/15 | €243,003 | €269,678 | +€26,675 | +11.0% |
| Contributions | 10/11 | €250,000 | €250,000 | = | 0.0% |
| Capital | 10 | €250,000 | €250,000 | = | 0.0% |
| Issued capital | 100 | €250,000 | €250,000 | = | 0.0% |
| Reserves | 13 | €6,885 | €6,885 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,885 | €6,885 | = | 0.0% |
| Legal reserve | 130 | €6,885 | €6,885 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€13,882 | €12,793 | +€26,675 | |
| Amounts payable | 17/49 | €2,227,853 | €10,897,663 | +€8.7m | +389% |
| Amounts payable within one year | 42/48 | €2,225,163 | €10,897,647 | +€8.7m | +390% |
| Current portion of amounts payable after more than one year | 42 | €1,641 | €0 | -€1,641 | -100% |
| Financial debts | 43 | €250,000 | €0 | -€250,000 | -100% |
| Credit institutions | 430/8 | €250,000 | €0 | -€250,000 | -100% |
| Trade debts | 44 | €91,883 | €308,449 | +€216,565 | +236% |
| Suppliers | 440/4 | €91,883 | €308,449 | +€216,565 | +236% |
| Taxes, remuneration and social security | 45 | €430,044 | €14,911 | -€415,132 | -96.5% |
| Taxes | 450/3 | €420,970 | €0 | -€420,970 | -100% |
| Remuneration and social security | 454/9 | €9,074 | €14,911 | +€5,838 | +64.3% |
| Other amounts payable | 47/48 | €1,451,594 | €10,574,287 | +€9.1m | +628% |
| Accrued charges and deferred income | 492/3 | €2,690 | €16 | -€2,674 | -99.4% |
| Remuneration, social security and pensions | 62 | €363,546 | €257,105 | -€106,440 | -29.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €25,333 | €267,051 | +€241,718 | +954% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€89,955 | €7,079 | +€97,034 | |
| Other operating charges | 640/8 | €11,503 | €421,609 | +€410,105 | +3,565% |
| Gross operating margin | 9900 | €362,681 | €1,198,286 | +€835,606 | +230% |
| Operating profit (loss) | 9901 | €52,254 | €245,442 | +€193,189 | +370% |
| Financial income | 75/76B | €71 | €262 | +€191 | +267% |
| Recurring financial income | 75 | €71 | €262 | +€191 | +267% |
| Financial charges | 65/66B | €41,939 | €218,946 | +€177,007 | +422% |
| Recurring financial charges | 65 | €41,939 | €218,946 | +€177,007 | +422% |
| Profit (loss) for the period before taxes | 9903 | €10,386 | €26,758 | +€16,372 | +158% |
| Income taxes | 67/77 | €397 | €83 | -€314 | -79.1% |
| Profit (loss) for the period | 9904 | €9,989 | €26,675 | +€16,686 | +167% |
| Profit (loss) for the period to be appropriated | 9905 | €9,989 | €26,675 | +€16,686 | +167% |
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 3 November 2026 via checked.be.