LUXURIOUS WHEELS: 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.
LUXURIOUS WHEELS
Largest movements
- Receivables within one year +€16,668
up €16,668 (+331%), from €5,043 to €21,710
- Financial fixed assets +€14,000
up €14,000 (+933%), from €1,500 to €15,500
- Cash -€5,184
down €5,184 (-37.5%), from €13,825 to €8,641
mainly Receivables within one year (-€16,668) and Investment in fixed assets (net) (-€15,222)
- Stocks and contracts +€988
up €988 (+6.4%), from €15,497 to €16,485
- Other debts +€13,279
up €13,279 (+147%), from €9,039 to €22,318
- Trade debts +€8,260
up €8,260 (+1,276%), from €648 to €8,907
- Tax, wage and social debts +€4,702
up €4,702 (+69.3%), from €6,786 to €11,488
of which Taxes: +€4,005
- Staff costs +€10,169
new in 2025: €10,169
- Gross operating margin +€7,827
up €7,827 (+141%), from €5,542 to €13,369
- Other operating charges -€1,260
down €1,260 (-64.8%), from €1,944 to €683
- Depreciation -€318
down €318 (-19.8%), from €1,603 to €1,285
- Financial charges -€220
down €220 (-18.5%), from €1,189 to €970
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €37,563 | €63,971 | +€26,408 | +70.3% |
| Fixed assets | 21/28 | €3,198 | €17,135 | +€13,937 | +436% |
| Tangible fixed assets | 22/27 | €1,698 | €1,635 | -€63 | -3.7% |
| Plant, machinery and equipment | 23 | €1,288 | €1,635 | +€347 | +27.0% |
| Furniture and vehicles | 24 | €410 | €0 | -€410 | -100.0% |
| Financial fixed assets | 28 | €1,500 | €15,500 | +€14,000 | +933% |
| Current assets | 29/58 | €34,365 | €46,836 | +€12,471 | +36.3% |
| Stocks and contracts in progress | 3 | €15,497 | €16,485 | +€988 | +6.4% |
| Stocks | 30/36 | €15,497 | €16,485 | +€988 | +6.4% |
| Amounts receivable within one year | 40/41 | €5,043 | €21,710 | +€16,668 | +331% |
| Trade receivables | 40 | €5,043 | €21,710 | +€16,668 | +331% |
| Cash at bank and in hand | 54/58 | €13,825 | €8,641 | -€5,184 | -37.5% |
| Total equity and liabilities | 10/49 | €37,563 | €63,971 | +€26,408 | +70.3% |
| Equity | 10/15 | €21,091 | €21,258 | +€167 | +0.8% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €11,091 | €11,258 | +€167 | +1.5% |
| Amounts payable | 17/49 | €16,472 | €42,713 | +€26,241 | +159% |
| Amounts payable within one year | 42/48 | €16,472 | €42,713 | +€26,241 | +159% |
| Trade debts | 44 | €648 | €8,907 | +€8,260 | +1,276% |
| Suppliers | 440/4 | €648 | €8,907 | +€8,260 | +1,276% |
| Taxes, remuneration and social security | 45 | €6,786 | €11,488 | +€4,702 | +69.3% |
| Taxes | 450/3 | €6,786 | €10,791 | +€4,005 | +59.0% |
| Remuneration and social security | 454/9 | - | €697 | +€697 | |
| Other amounts payable | 47/48 | €9,039 | €22,318 | +€13,279 | +147% |
| Remuneration, social security and pensions | 62 | - | €10,169 | +€10,169 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,603 | €1,285 | -€318 | -19.8% |
| Other operating charges | 640/8 | €1,944 | €683 | -€1,260 | -64.8% |
| Non-recurring operating charges | 66A | €63 | - | -€63 | |
| Gross operating margin | 9900 | €5,542 | €13,369 | +€7,827 | +141% |
| Operating profit (loss) | 9901 | €1,931 | €1,231 | -€700 | -36.3% |
| Financial income | 75/76B | €66 | €32 | -€34 | -51.8% |
| Recurring financial income | 75 | €40 | €32 | -€8 | -20.0% |
| Non-recurring financial income | 76B | €26 | - | -€26 | |
| Financial charges | 65/66B | €1,189 | €970 | -€220 | -18.5% |
| Recurring financial charges | 65 | €1,189 | €970 | -€220 | -18.5% |
| Profit (loss) for the period before taxes | 9903 | €809 | €293 | -€515 | -63.7% |
| Income taxes | 67/77 | €162 | €126 | -€35 | -21.9% |
| Profit (loss) for the period | 9904 | €647 | €167 | -€480 | -74.2% |
| Profit (loss) for the period to be appropriated | 9905 | €647 | €167 | -€480 | -74.2% |
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.