GENTLEMAN CAR: 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.
What changed
GENTLEMAN CAR
NACE 47.811, Retail sale of cars and light vans (up to 3.5 tonnes)
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€65,011
2024 · -€271,172+€336,183
Equity
-€369,709
2024 · -€434,720+€65,011
Cash
€49,656
2024 · €45,746+€3,910
Balance sheet total
€3.7m
2024 · €3.5m+€192,480
Largest movements
Assets
- Receivables within one year +€563,559
up €563,559 (+33.7%), from €1.7m to €2.2m
of which Trade receivables: +€548,275
- Stocks and contracts -€253,059
down €253,059 (-15.9%), from €1.6m to €1.3m
- Deferred charges and accrued income -€76,430
down €76,430 (-76.7%), from €99,585 to €23,155
- Tangible fixed assets -€41,499
down €41,499 (-37.3%), from €111,162 to €69,663
Equity and liabilities
- Advances received +€265,641
up €265,641 (+8.1%), from €3.3m to €3.5m
- Trade debts -€147,559
down €147,559 (-27.0%), from €546,836 to €399,277
- Profit (loss) carried forward +€65,011
up €65,011 (+14.5%), from -€447,220 to -€382,209
Income statement
- Gross operating margin +€322,118
up €322,118, from -€102,685 to €219,433
- Staff costs -€6,680
down €6,680 (-13.1%), from €51,138 to €44,458
- Financial income +€4,788
up €4,788 (+726%), from €660 to €5,448
of which Financial income: +€3,921
From the 2024 result to the 2025 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.
Result 2024
-€271,172
Gross operating margin
+€322,118
Staff costs
+€6,680
Depreciation
-€673
Other operating charges
+€1,311
Other operating items
+€1,641
Financial income
+€4,788
Financial charges
+€318
Result 2025
€65,011
raises the resultlowers the resultnot broken down further in the accounts
Derived cash bridge
Derived from the 2024 and 2025 balance sheets and the 2025 result: not a filed cash-flow statement. It shows where the money came from and went.
From operations
+€22,382
Investment
-€1,000
Financing
-€17,472
Cash 2024
€45,746
From operations (derived)
+€22,382
Net result for the year
+€65,011
Depreciation
+€46,499
Stocks and contracts
+€253,059
Receivables within one year
-€563,559
Deferred charges and accrued income
+€76,430
Trade debts
-€147,559
Tax, wage and social debts
+€4,540
Advances received
+€265,641
Other debts
+€18,536
Accrued charges and deferred income
+€3,783
Investment (derived)
-€1,000
Investment in fixed assets (net)
-€1,000
Financing
-€17,472
Debts after one year
-€18,109
Current portion of long-term debt
+€637
Cash 2025
€49,656
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €3,538,114 | €3,730,593 | +€192,480 | +5.4% |
| Fixed assets | 21/28 | €124,562 | €79,063 | -€45,499 | -36.5% |
| Intangible fixed assets | 21 | €10,000 | €5,000 | -€5,000 | -50.0% |
| Tangible fixed assets | 22/27 | €111,162 | €69,663 | -€41,499 | -37.3% |
| Plant, machinery and equipment | 23 | €1,711 | €1,111 | -€600 | -35.1% |
| Furniture and vehicles | 24 | €53,645 | €34,237 | -€19,408 | -36.2% |
| Leasing and similar rights | 25 | €45,069 | €27,169 | -€17,900 | -39.7% |
| Other tangible fixed assets | 26 | €10,737 | €7,146 | -€3,591 | -33.4% |
| Financial fixed assets | 28 | €3,400 | €4,400 | +€1,000 | +29.4% |
| Current assets | 29/58 | €3,413,551 | €3,651,531 | +€237,979 | +7.0% |
| Stocks and contracts in progress | 3 | €1,594,148 | €1,341,089 | -€253,059 | -15.9% |
| Stocks | 30/36 | €1,594,148 | €1,341,089 | -€253,059 | -15.9% |
| Amounts receivable within one year | 40/41 | €1,674,072 | €2,237,630 | +€563,559 | +33.7% |
| Trade receivables | 40 | €1,559,069 | €2,107,344 | +€548,275 | +35.2% |
| Other amounts receivable | 41 | €115,002 | €130,286 | +€15,284 | +13.3% |
| Cash at bank and in hand | 54/58 | €45,746 | €49,656 | +€3,910 | +8.5% |
| Deferred charges and accrued income | 490/1 | €99,585 | €23,155 | -€76,430 | -76.7% |
| Total equity and liabilities | 10/49 | €3,538,114 | €3,730,593 | +€192,480 | +5.4% |
| Equity | 10/15 | -€434,720 | -€369,709 | +€65,011 | +15.0% |
| Contributions | 10/11 | €12,500 | €12,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€447,220 | -€382,209 | +€65,011 | +14.5% |
| Amounts payable | 17/49 | €3,972,834 | €4,100,303 | +€127,469 | +3.2% |
| Amounts payable after more than one year | 17 | €30,990 | €12,881 | -€18,109 | -58.4% |
| Financial debts | 170/4 | €30,990 | €12,881 | -€18,109 | -58.4% |
| Amounts payable within one year | 42/48 | €3,941,844 | €4,083,639 | +€141,795 | +3.6% |
| Current portion of amounts payable after more than one year | 42 | €17,472 | €18,109 | +€637 | +3.6% |
| Trade debts | 44 | €546,836 | €399,277 | -€147,559 | -27.0% |
| Suppliers | 440/4 | €546,836 | €399,277 | -€147,559 | -27.0% |
| Advances received on contracts in progress | 46 | €3,283,201 | €3,548,843 | +€265,641 | +8.1% |
| Taxes, remuneration and social security | 45 | €13,388 | €17,928 | +€4,540 | +33.9% |
| Taxes | 450/3 | €9,770 | €5,341 | -€4,429 | -45.3% |
| Remuneration and social security | 454/9 | €3,619 | €12,587 | +€8,968 | +248% |
| Other amounts payable | 47/48 | €80,946 | €99,482 | +€18,536 | +22.9% |
| Accrued charges and deferred income | 492/3 | - | €3,783 | +€3,783 | |
| Non-recurring operating income | 76A | €7,580 | €20,737 | +€13,157 | +174% |
| Remuneration, social security and pensions | 62 | €51,138 | €44,458 | -€6,680 | -13.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €45,826 | €46,499 | +€673 | +1.5% |
| Other operating charges | 640/8 | €3,699 | €2,388 | -€1,311 | -35.4% |
| Non-recurring operating charges | 66A | €61,336 | €59,695 | -€1,641 | -2.7% |
| Gross operating margin | 9900 | -€102,685 | €219,433 | +€322,118 | |
| Operating profit (loss) | 9901 | -€264,684 | €66,392 | +€331,076 | |
| Financial income | 75/76B | €660 | €5,448 | +€4,788 | +726% |
| Recurring financial income | 75 | €39 | €3,960 | +€3,921 | +9,974% |
| Non-recurring financial income | 76B | €620 | €1,488 | +€868 | +140% |
| Financial charges | 65/66B | €7,148 | €6,830 | -€318 | -4.5% |
| Recurring financial charges | 65 | €4,781 | €5,775 | +€994 | +20.8% |
| Non-recurring financial charges | 66B | €2,367 | €1,055 | -€1,312 | -55.4% |
| Profit (loss) for the period before taxes | 9903 | -€271,172 | €65,011 | +€336,183 | |
| Profit (loss) for the period | 9904 | -€271,172 | €65,011 | +€336,183 | |
| Profit (loss) for the period to be appropriated | 9905 | -€271,172 | €65,011 | +€336,183 |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 27 October 2026 via checked.be.