GENT MOTORS: what changed
What changed
GENT MOTORS
NACE 47.811, Retail sale of cars and light vans (up to 3.5 tonnes)
filed annual accounts (NBB)
Net result for the year
€14,420
2024 · €183,805-€169,385
Equity
€5.7m
2024 · €5.7m+€14,420
Cash
€1.1m
2024 · €1.7m-€615,945
Balance sheet total
€15.0m
2024 · €15.6m-€558,173
Largest movements
Assets
- Receivables within one year +€1.7m
up €1.7m (+222%), from €782,953 to €2.5m
of which Other amounts receivable: +€1.1m
- Stocks and contracts -€1.7m
down €1.7m (-22.2%), from €7.6m to €5.9m
of which Stocks: -€1.8m
- Cash -€615,945
down €615,945 (-36.8%), from €1.7m to €1.1m
mainly Receivables within one year (-€1.7m) and Investment in fixed assets (net) (-€562,186)
Equity and liabilities
- Other debts -€282,449
down €282,449 (-8.8%), from €3.2m to €2.9m
- Debts after one year -€168,042
down €168,042 (-12.5%), from €1.3m to €1.2m
- Trade debts -€159,166
down €159,166 (-6.4%), from €2.5m to €2.3m
Income statement
- Goods and materials -€1.2m
down €1.2m (-4.4%), from €26.7m to €25.6m
of which Change in stocks: decrease (increase): -€3.7m
- Write-downs +€602,634
up €602,634 (+82.5%), from -€730,033 to -€127,399
- Turnover -€372,133
down €372,133 (-1.2%), from €30.5m to €30.2m
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
€183,805
Turnover
-€372,133
Other operating income
+€26,646
Goods and materials
+€1.2m
Services and other goods
-€303,205
Staff costs
-€245,567
Depreciation
-€27,181
Write-downs
-€602,634
Other operating charges
-€5,240
Other operating items
+€102,628
Financial income
+€1,683
Financial charges
+€28,629
Taxes
+€50,783
Result 2025
€14,420
raises the resultlowers the resultnot broken down further in the accounts
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
+€128,991
Investment
-€562,186
Financing
-€182,750
Cash 2024
€1.7m
From operations (derived)
+€128,991
Net result for the year
+€14,420
Depreciation
+€602,748
Stocks and contracts
+€1.7m
Receivables within one year
-€1.7m
Deferred charges and accrued income
-€52,640
Trade debts
-€159,166
Smaller working-capital items
-€6,644
Advances received
+€58,415
Other debts
-€282,449
Investment (derived)
-€562,186
Investment in fixed assets (net)
-€562,186
Financing
-€182,750
Debts after one year
-€168,042
Current portion of long-term debt
-€14,709
Cash 2025
€1.1m
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €15,598,476 | €15,040,303 | -€558,173 | -3.6% |
| Fixed assets | 21/28 | €5,357,172 | €5,316,610 | -€40,562 | -0.8% |
| Tangible fixed assets | 22/27 | €5,354,777 | €5,314,215 | -€40,562 | -0.8% |
| Land and buildings | 22 | €4,461,672 | €4,261,607 | -€200,065 | -4.5% |
| Plant, machinery and equipment | 23 | €300,800 | €339,140 | +€38,340 | +12.7% |
| Furniture and vehicles | 24 | €592,305 | €713,468 | +€121,163 | +20.5% |
| Financial fixed assets | 28 | €2,395 | €2,395 | = | 0.0% |
| Other financial fixed assets | 284/8 | €2,395 | €2,395 | = | 0.0% |
| Amounts receivable and cash guarantees | 285/8 | €2,395 | €2,395 | = | 0.0% |
| Current assets | 29/58 | €10,241,304 | €9,723,693 | -€517,611 | -5.1% |
| Stocks and contracts in progress | 3 | €7,611,019 | €5,918,810 | -€1.7m | -22.2% |
| Stocks | 30/36 | €7,611,019 | €5,768,810 | -€1.8m | -24.2% |
| Goods purchased for resale | 34 | €7,611,019 | €5,768,810 | -€1.8m | -24.2% |
| Contracts in progress | 37 | - | €150,000 | +€150,000 | |
| Amounts receivable within one year | 40/41 | €782,953 | €2,520,856 | +€1.7m | +222% |
| Trade receivables | 40 | €705,847 | €1,387,548 | +€681,701 | +96.6% |
| Other amounts receivable | 41 | €77,107 | €1,133,308 | +€1.1m | +1,370% |
| Cash at bank and in hand | 54/58 | €1,671,604 | €1,055,659 | -€615,945 | -36.8% |
| Deferred charges and accrued income | 490/1 | €175,728 | €228,368 | +€52,640 | +30.0% |
| Total equity and liabilities | 10/49 | €15,598,476 | €15,040,303 | -€558,173 | -3.6% |
| Equity | 10/15 | €5,693,259 | €5,707,680 | +€14,420 | +0.3% |
| Contributions | 10/11 | €123,947 | €123,947 | = | 0.0% |
| Capital | 10 | €123,947 | €123,947 | = | 0.0% |
| Issued capital | 100 | €123,947 | €123,947 | = | 0.0% |
| Reserves | 13 | €5,569,313 | €5,583,733 | +€14,420 | +0.3% |
| Non-distributable reserves | 130/1 | €12,395 | €12,395 | = | 0.0% |
| Legal reserve | 130 | €12,395 | €12,395 | = | 0.0% |
| Tax-exempt reserves | 132 | €18,750 | €18,750 | = | 0.0% |
| Distributable reserves | 133 | €5,538,168 | €5,552,588 | +€14,420 | +0.3% |
| Amounts payable | 17/49 | €9,905,217 | €9,332,623 | -€572,594 | -5.8% |
| Amounts payable after more than one year | 17 | €1,346,831 | €1,178,790 | -€168,042 | -12.5% |
| Financial debts | 170/4 | €1,346,831 | €1,178,790 | -€168,042 | -12.5% |
| Credit institutions | 173 | €1,346,831 | €1,178,790 | -€168,042 | -12.5% |
| Amounts payable within one year | 42/48 | €8,552,445 | €8,150,847 | -€401,599 | -4.7% |
| Current portion of amounts payable after more than one year | 42 | €221,843 | €207,134 | -€14,709 | -6.6% |
| Financial debts | 43 | €2,000,000 | €2,000,000 | = | 0.0% |
| Credit institutions | 430/8 | €2,000,000 | €2,000,000 | = | 0.0% |
| Trade debts | 44 | €2,473,035 | €2,313,870 | -€159,166 | -6.4% |
| Suppliers | 440/4 | €2,473,035 | €2,313,870 | -€159,166 | -6.4% |
| Advances received on contracts in progress | 46 | €72,677 | €131,091 | +€58,415 | +80.4% |
| Taxes, remuneration and social security | 45 | €582,621 | €578,931 | -€3,690 | -0.6% |
| Taxes | 450/3 | €202,441 | €268,560 | +€66,119 | +32.7% |
| Remuneration and social security | 454/9 | €380,180 | €310,371 | -€69,809 | -18.4% |
| Other amounts payable | 47/48 | €3,202,270 | €2,919,821 | -€282,449 | -8.8% |
| Accrued charges and deferred income | 492/3 | €5,941 | €2,987 | -€2,954 | -49.7% |
| Operating income | 70/76A | €30,896,872 | €30,654,543 | -€242,328 | -0.8% |
| Turnover | 70 | €30,540,348 | €30,168,215 | -€372,133 | -1.2% |
| Change in stocks of work in progress, finished goods and contracts in progress | 71 | - | €150,000 | +€150,000 | |
| Other operating income | 74 | €281,420 | €308,067 | +€26,646 | +9.5% |
| Non-recurring operating income | 76A | €75,103 | €28,261 | -€46,842 | -62.4% |
| Operating charges | 60/66A | €30,391,796 | €30,399,947 | +€8,151 | 0.0% |
| Goods for resale, raw materials and consumables | 60 | €26,730,839 | €25,554,633 | -€1.2m | -4.4% |
| Purchases | 600/8 | €21,026,767 | €23,585,025 | +€2.6m | +12.2% |
| Change in stocks: decrease (increase) | 609 | €5,704,072 | €1,969,608 | -€3.7m | -65.5% |
| Services and other goods | 61 | €1,814,442 | €2,117,647 | +€303,205 | +16.7% |
| Remuneration, social security and pensions | 62 | €1,896,219 | €2,141,786 | +€245,567 | +13.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €575,567 | €602,748 | +€27,181 | +4.7% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€730,033 | -€127,399 | +€602,634 | +82.5% |
| Other operating charges | 640/8 | €104,762 | €110,002 | +€5,240 | +5.0% |
| Non-recurring operating charges | 66A | - | €530 | +€530 | |
| Operating profit (loss) | 9901 | €505,076 | €254,597 | -€250,479 | -49.6% |
| Financial income | 75/76B | €1,006 | €2,689 | +€1,683 | +167% |
| Recurring financial income | 75 | €1,006 | €2,689 | +€1,683 | +167% |
| Income from current assets | 751 | - | €2,206 | +€2,206 | |
| Other financial income | 752/9 | €1,006 | €483 | -€523 | -52.0% |
| Financial charges | 65/66B | €244,383 | €215,754 | -€28,629 | -11.7% |
| Recurring financial charges | 65 | €244,383 | €215,754 | -€28,629 | -11.7% |
| Debt charges | 650 | €241,943 | €203,834 | -€38,109 | -15.8% |
| Other financial charges | 652/9 | €2,441 | €11,920 | +€9,479 | +388% |
| Profit (loss) for the period before taxes | 9903 | €261,698 | €41,531 | -€220,167 | -84.1% |
| Income taxes | 67/77 | €77,893 | €27,111 | -€50,783 | -65.2% |
| Taxes | 670/3 | €77,893 | €27,111 | -€50,783 | -65.2% |
| Profit (loss) for the period | 9904 | €183,805 | €14,420 | -€169,385 | -92.2% |
| Profit (loss) for the period to be appropriated | 9905 | €183,805 | €14,420 | -€169,385 | -92.2% |
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 4 November 2026 via checked.be.