ISO2010: what changed
Two fiscal 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
ISO2010
NACE 47.811, Retail sale of cars and light vans (up to 3.5 tonnes)
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
-€45,623
2024 · €3,758-€49,380
Equity
€276,148
2024 · €349,083-€72,935
Cash
€10,315
2024 · €6,416+€3,900
Balance sheet total
€1.1m
2024 · €1.2m-€76,673
Largest movements
Assets
- Tangible fixed assets -€64,445
down €64,445 (-6.4%), from €1.0m to €946,986
of which Land and buildings: -€62,684
- Stocks and contracts -€22,518
down €22,518 (-16.3%), from €138,216 to €115,699
of which Stocks: -€26,521
Equity and liabilities
- Profit (loss) carried forward -€45,623
down €45,623 (-38.0%), from -€120,210 to -€165,832
- Revaluation surpluses -€27,312
down €27,312 (-8.5%), from €319,928 to €292,616
Income statement
- Gross operating margin -€48,252
down €48,252 (-47.0%), from €102,665 to €54,413
- Financial charges +€7,272
up €7,272 (+32.1%), from €22,688 to €29,960
- Depreciation -€4,705
down €4,705 (-11.3%), from €41,551 to €36,845
- Other operating charges -€1,427
down €1,427 (-19.4%), from €7,357 to €5,929
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
€3,758
Gross operating margin
-€48,252
Depreciation
+€4,705
Other operating charges
+€1,427
Financial income
+€11
Financial charges
-€7,272
Result 2025
-€45,623
Cash bridge derived
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
-€10,641
Investment
+€27,986
Financing
-€13,445
Cash 2024
€6,416
From operations (derived)
-€10,641
Net result for the year
-€45,623
Depreciation
+€36,845
Stocks and contracts
+€22,518
Receivables within one year
-€791
Deferred charges and accrued income
-€5,985
Trade debts
-€8,217
Tax, wage and social debts
-€1,745
Advances received
-€1,339
Other debts
-€3,569
Accrued charges and deferred income
-€2,736
Investment (derived)
+€27,986
Investment in fixed assets (net)
+€27,986
Financing
-€13,445
Debts after one year
-€6,339
Current portion of long-term debt
+€10,886
Short-term financial debts
+€9,321
Contributions, distributions and other
-€27,312
Cash 2025
€10,315
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,201,922 | €1,125,249 | -€76,673 | -6.4% |
| Formation expenses | 20 | €428 | €41 | -€386 | -90.3% |
| Fixed assets | 21/28 | €1,011,455 | €947,011 | -€64,445 | -6.4% |
| Tangible fixed assets | 22/27 | €1,011,430 | €946,986 | -€64,445 | -6.4% |
| Land and buildings | 22 | €1,006,413 | €943,729 | -€62,684 | -6.2% |
| Plant, machinery and equipment | 23 | €1,770 | €1,402 | -€368 | -20.8% |
| Furniture and vehicles | 24 | €3,248 | €1,855 | -€1,393 | -42.9% |
| Financial fixed assets | 28 | €25 | €25 | = | 0.0% |
| Current assets | 29/58 | €190,039 | €178,197 | -€11,842 | -6.2% |
| Stocks and contracts in progress | 3 | €138,216 | €115,699 | -€22,518 | -16.3% |
| Stocks | 30/36 | €107,345 | €80,824 | -€26,521 | -24.7% |
| Contracts in progress | 37 | €30,871 | €34,874 | +€4,003 | +13.0% |
| Amounts receivable within one year | 40/41 | €28,722 | €29,513 | +€791 | +2.8% |
| Trade receivables | 40 | €22,722 | €23,495 | +€773 | +3.4% |
| Other amounts receivable | 41 | €6,000 | €6,018 | +€18 | +0.3% |
| Cash at bank and in hand | 54/58 | €6,416 | €10,315 | +€3,900 | +60.8% |
| Deferred charges and accrued income | 490/1 | €16,685 | €22,670 | +€5,985 | +35.9% |
| Total equity and liabilities | 10/49 | €1,201,922 | €1,125,249 | -€76,673 | -6.4% |
| Equity | 10/15 | €349,083 | €276,148 | -€72,935 | -20.9% |
| Contributions | 10/11 | €147,505 | €147,505 | = | 0.0% |
| Revaluation surpluses | 12 | €319,928 | €292,616 | -€27,312 | -8.5% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€120,210 | -€165,832 | -€45,623 | -38.0% |
| Amounts payable | 17/49 | €852,839 | €849,101 | -€3,738 | -0.4% |
| Amounts payable after more than one year | 17 | €399,002 | €392,663 | -€6,339 | -1.6% |
| Financial debts | 170/4 | €334,002 | €327,663 | -€6,339 | -1.9% |
| Other amounts payable | 178/9 | €65,000 | €65,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €451,102 | €456,438 | +€5,336 | +1.2% |
| Current portion of amounts payable after more than one year | 42 | €42,536 | €53,422 | +€10,886 | +25.6% |
| Financial debts | 43 | €205,054 | €214,374 | +€9,321 | +4.5% |
| Credit institutions | 430/8 | €205,054 | €214,374 | +€9,321 | +4.5% |
| Trade debts | 44 | €175,545 | €167,328 | -€8,217 | -4.7% |
| Suppliers | 440/4 | €175,545 | €167,328 | -€8,217 | -4.7% |
| Advances received on contracts in progress | 46 | €5,339 | €4,000 | -€1,339 | -25.1% |
| Taxes, remuneration and social security | 45 | €5,913 | €4,169 | -€1,745 | -29.5% |
| Taxes | 450/3 | €5,913 | €4,169 | -€1,745 | -29.5% |
| Other amounts payable | 47/48 | €16,714 | €13,145 | -€3,569 | -21.4% |
| Accrued charges and deferred income | 492/3 | €2,736 | - | -€2,736 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €41,551 | €36,845 | -€4,705 | -11.3% |
| Other operating charges | 640/8 | €7,357 | €5,929 | -€1,427 | -19.4% |
| Non-recurring operating charges | 66A | €27,312 | €27,312 | = | 0.0% |
| Gross operating margin | 9900 | €102,665 | €54,413 | -€48,252 | -47.0% |
| Operating profit (loss) | 9901 | €26,445 | -€15,674 | -€42,119 | |
| Financial income | 75/76B | - | €11 | +€11 | |
| Recurring financial income | 75 | - | €11 | +€11 | |
| Financial charges | 65/66B | €22,688 | €29,960 | +€7,272 | +32.1% |
| Recurring financial charges | 65 | €22,688 | €29,960 | +€7,272 | +32.1% |
| Profit (loss) for the period before taxes | 9903 | €3,758 | -€45,623 | -€49,380 | |
| Profit (loss) for the period | 9904 | €3,758 | -€45,623 | -€49,380 | |
| Profit (loss) for the period to be appropriated | 9905 | €3,758 | -€45,623 | -€49,380 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.