MASTER CAR TRADING: 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.
MASTER CAR TRADING
Largest movements
- Receivables within one year -€62,682
down €62,682 (-75.1%), from €83,514 to €20,832
of which Trade receivables: -€56,998
- Tangible fixed assets -€15,931
down €15,931 (-100%), from €15,931 to €0
- Trade debts -€69,543
down €69,543 (-82.4%), from €84,420 to €14,877
of which Bills of exchange payable: -€42,035
- Profit (loss) carried forward -€29,810
down €29,810, from €5,483 to -€24,327
- Contributions +€12,300
up €12,300 (+195%), from €6,300 to €18,600
- Other debts +€6,795
new in 2024: €6,795
- Tax, wage and social debts +€1,320
up €1,320 (+127%), from €1,042 to €2,362
of which Taxes: +€1,320
- Financial charges +€12,513
up €12,513 (+1,099%), from €1,138 to €13,651
of which Non-recurring financial charges: +€11,983
- Gross operating margin -€5,204
down €5,204 (-68.6%), from -€7,583 to -€12,787
- Purchases and services +€5,204
up €5,204 (+68.6%), from €7,583 to €12,787
- Depreciation -€4,626
no longer reported in 2024 (was €4,626)
- Taxes +€3,922
new in 2024: €3,922
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €100,601 | €21,889 | -€78,712 | -78.2% |
| Fixed assets | 21/28 | €15,931 | €0 | -€15,931 | -100% |
| Tangible fixed assets | 22/27 | €15,931 | €0 | -€15,931 | -100% |
| Furniture and vehicles | 24 | €15,931 | €0 | -€15,931 | -100% |
| Current assets | 29/58 | €84,669 | €21,889 | -€62,781 | -74.1% |
| Amounts receivable within one year | 40/41 | €83,514 | €20,832 | -€62,682 | -75.1% |
| Trade receivables | 40 | €77,475 | €20,477 | -€56,998 | -73.6% |
| Other amounts receivable | 41 | €6,039 | €356 | -€5,684 | -94.1% |
| Cash at bank and in hand | 54/58 | €1,156 | €1,056 | -€99 | -8.6% |
| Total equity and liabilities | 10/49 | €100,601 | €21,889 | -€78,712 | -78.2% |
| Equity | 10/15 | €14,302 | -€3,208 | -€17,510 | |
| Contributions | 10/11 | €6,300 | €18,600 | +€12,300 | +195% |
| Reserves | 13 | €2,519 | €2,519 | = | 0.0% |
| Non-distributable reserves | 130/1 | €2,519 | €2,519 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,519 | €2,519 | = | 0.0% |
| Profit (loss) carried forward | 14 | €5,483 | -€24,327 | -€29,810 | |
| Amounts payable | 17/49 | €86,299 | €25,096 | -€61,202 | -70.9% |
| Amounts payable within one year | 42/48 | €86,299 | €25,096 | -€61,202 | -70.9% |
| Current portion of amounts payable after more than one year | 42 | €728 | €728 | = | 0.0% |
| Financial debts | 43 | €108 | €334 | +€226 | +209% |
| Credit institutions | 430/8 | €108 | €334 | +€226 | +209% |
| Trade debts | 44 | €84,420 | €14,877 | -€69,543 | -82.4% |
| Suppliers | 440/4 | €30,797 | €3,289 | -€27,508 | -89.3% |
| Bills of exchange payable | 441 | €53,624 | €11,589 | -€42,035 | -78.4% |
| Taxes, remuneration and social security | 45 | €1,042 | €2,362 | +€1,320 | +127% |
| Taxes | 450/3 | €170 | €1,489 | +€1,320 | +778% |
| Remuneration and social security | 454/9 | €872 | €872 | = | 0.0% |
| Other amounts payable | 47/48 | - | €6,795 | +€6,795 | |
| Goods, raw materials, services and sundry goods | 60/61 | €7,583 | €12,787 | +€5,204 | +68.6% |
| Remuneration, social security and pensions | 62 | - | €932 | +€932 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,626 | - | -€4,626 | |
| Other operating charges | 640/8 | €543 | - | -€543 | |
| Gross operating margin | 9900 | -€7,583 | -€12,787 | -€5,204 | -68.6% |
| Operating profit (loss) | 9901 | -€12,751 | -€13,719 | -€968 | -7.6% |
| Financial income | 75/76B | €1,340 | €1,482 | +€142 | +10.6% |
| Recurring financial income | 75 | €358 | €1,482 | +€1,124 | +314% |
| Non-recurring financial income | 76B | €982 | €1,482 | +€500 | +50.9% |
| Financial charges | 65/66B | €1,138 | €13,651 | +€12,513 | +1,099% |
| Recurring financial charges | 65 | €1,138 | €1,667 | +€529 | +46.5% |
| Non-recurring financial charges | 66B | - | €11,983 | +€11,983 | |
| Profit (loss) for the period before taxes | 9903 | -€12,549 | -€25,888 | -€13,339 | -106% |
| Income taxes | 67/77 | - | €3,922 | +€3,922 | |
| Profit (loss) for the period | 9904 | -€12,549 | -€29,810 | -€17,261 | -138% |
| Profit (loss) for the period to be appropriated | 9905 | -€12,549 | -€29,810 | -€17,261 | -138% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 21 October 2026 via checked.be.