FIRST MOTOR SERVICE: what changed
FIRST MOTOR SERVICE
Largest movements
- Receivables within one year +€95,989
up €95,989 (+325%), from €29,525 to €125,514
of which Trade receivables: +€87,681
- Stocks and contracts -€55,701
down €55,701 (-45.8%), from €121,566 to €65,865
- Cash -€4,861
down €4,861 (-8.2%), from €59,129 to €54,268
mainly Receivables within one year (-€95,989) and Trade debts (-€44,667)
- Short-term financial debts +€99,072
new in 2025: €99,072
- Trade debts -€44,667
down €44,667 (-100%), from €44,667 to €0
- Profit (loss) carried forward -€19,336
down €19,336 (-15.0%), from €128,803 to €109,467
- Tax, wage and social debts -€10,486
down €10,486 (-98.9%), from €10,607 to €121
- Other debts +€9,771
up €9,771 (+49.4%), from €19,782 to €29,553
- Gross operating margin -€46,569
down €46,569, from €30,718 to -€15,851
- Taxes -€7,082
down €7,082 (-99.3%), from €7,132 to €50
- Financial charges +€1,657
up €1,657 (+340%), from €488 to €2,145
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 | €216,259 | €250,613 | +€34,354 | +15.9% |
| Fixed assets | 21/28 | €2,700 | €2,700 | = | 0.0% |
| Financial fixed assets | 28 | €2,700 | €2,700 | = | 0.0% |
| Current assets | 29/58 | €213,559 | €247,913 | +€34,354 | +16.1% |
| Stocks and contracts in progress | 3 | €121,566 | €65,865 | -€55,701 | -45.8% |
| Stocks | 30/36 | €121,566 | €65,865 | -€55,701 | -45.8% |
| Amounts receivable within one year | 40/41 | €29,525 | €125,514 | +€95,989 | +325% |
| Trade receivables | 40 | €29,525 | €117,206 | +€87,681 | +297% |
| Other amounts receivable | 41 | €0 | €8,308 | +€8,308 | |
| Cash at bank and in hand | 54/58 | €59,129 | €54,268 | -€4,861 | -8.2% |
| Deferred charges and accrued income | 490/1 | €3,339 | €2,266 | -€1,073 | -32.1% |
| Total equity and liabilities | 10/49 | €216,259 | €250,613 | +€34,354 | +15.9% |
| Equity | 10/15 | €141,203 | €121,867 | -€19,336 | -13.7% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Profit (loss) carried forward | 14 | €128,803 | €109,467 | -€19,336 | -15.0% |
| Amounts payable | 17/49 | €75,056 | €128,746 | +€53,690 | +71.5% |
| Amounts payable within one year | 42/48 | €75,056 | €128,746 | +€53,690 | +71.5% |
| Financial debts | 43 | - | €99,072 | +€99,072 | |
| Credit institutions | 430/8 | - | €99,072 | +€99,072 | |
| Trade debts | 44 | €44,667 | €0 | -€44,667 | -100% |
| Suppliers | 440/4 | €44,667 | €0 | -€44,667 | -100% |
| Taxes, remuneration and social security | 45 | €10,607 | €121 | -€10,486 | -98.9% |
| Taxes | 450/3 | €10,607 | €121 | -€10,486 | -98.9% |
| Other amounts payable | 47/48 | €19,782 | €29,553 | +€9,771 | +49.4% |
| Other operating charges | 640/8 | €1,122 | €1,291 | +€169 | +15.1% |
| Gross operating margin | 9900 | €30,718 | -€15,851 | -€46,569 | |
| Operating profit (loss) | 9901 | €29,596 | -€17,142 | -€46,738 | |
| Financial income | 75/76B | €0 | €0 | +€0 | +833% |
| Recurring financial income | 75 | €0 | €0 | +€0 | +833% |
| Financial charges | 65/66B | €488 | €2,145 | +€1,657 | +340% |
| Recurring financial charges | 65 | €488 | €2,145 | +€1,657 | +340% |
| Profit (loss) for the period before taxes | 9903 | €29,109 | -€19,286 | -€48,394 | |
| Income taxes | 67/77 | €7,132 | €50 | -€7,082 | -99.3% |
| Profit (loss) for the period | 9904 | €21,977 | -€19,336 | -€41,312 | |
| Profit (loss) for the period to be appropriated | 9905 | €21,977 | -€19,336 | -€41,312 |
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 4 November 2026 via checked.be.