MOTO JL SELECTION: 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
MOTO JL SELECTION
NACE 47.830, Retail sale of motorcycles and motorcycle parts and accessories
financial year 2024 compared with 2023filed annual accounts (NBB)
Net result for the year
-€317,349
2023 · €73,742-€391,090
Equity
€24,725
2023 · €342,074-€317,349
Cash
€2,395
2023 · €71,820-€69,425
Balance sheet total
€2.8m
2023 · €4.7m-€1.9m
Largest movements
Assets
- Receivables within one year -€1.6m
down €1.6m (-96.5%), from €1.6m to €57,220
of which Trade receivables: -€1.6m
- Stocks and contracts -€247,034
down €247,034 (-10.0%), from €2.5m to €2.2m
of which Stocks: -€242,874
- Cash -€69,425
down €69,425 (-96.7%), from €71,820 to €2,395
mainly Advances received (-€1.9m) and Net result for the year (-€317,349)
Equity and liabilities
- Advances received -€1.9m
down €1.9m (-77.9%), from €2.4m to €525,703
- Tax, wage and social debts +€457,199
up €457,199 (+105%), from €436,469 to €893,668
of which Taxes: +€437,480
- Profit (loss) carried forward -€317,349
down €317,349, from €41,074 to -€276,275
- Trade debts -€298,843
down €298,843 (-48.0%), from €622,702 to €323,859
of which Suppliers: -€298,843
- Debts after one year +€91,843
up €91,843 (+17.9%), from €514,289 to €606,132
of which Trade debts: +€62,000
Income statement
- Turnover +€3.6m
new in 2024: €3.6m
- Purchases and services +€3.5m
new in 2024: €3.5m
- Financial charges +€170,074
up €170,074 (+277%), from €61,390 to €231,464
of which Financial charges: +€170,074
- Gross operating margin -€157,936
down €157,936 (-27.8%), from €567,791 to €409,855
- Other operating charges +€90,737
up €90,737 (+167%), from €54,385 to €145,122
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.
Result 2023
€73,742
Gross operating margin
-€157,936
Staff costs
-€13,388
Depreciation
-€22,028
Other operating charges
-€90,737
Financial income
+€8,838
Financial charges
-€170,074
Taxes
+€54,235
Result 2024
-€317,349
raises the resultlowers the result
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.
From operations
-€135,286
Investment
-€64,357
Financing
+€130,217
Cash 2023
€71,820
From operations (derived)
-€135,286
Net result for the year
-€317,349
Depreciation
+€61,954
Stocks and contracts
+€247,034
Receivables within one year
+€1.6m
Deferred charges and accrued income
+€7,623
Trade debts
-€298,843
Tax, wage and social debts
+€457,199
Advances received
-€1.9m
Smaller working-capital items
+€1,808
Investment (derived)
-€64,357
Investment in fixed assets (net)
-€64,357
Financing
+€130,217
Debts after one year
+€91,843
Current portion of long-term debt
+€19,491
Short-term financial debts
+€18,883
Cash 2024
€2,395
brings cash intakes cash out
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €4,692,199 | €2,806,827 | -€1.9m | -40.2% |
| Formation expenses | 20 | - | €0 | = | |
| Fixed assets | 21/28 | €532,959 | €535,362 | +€2,402 | +0.5% |
| Intangible fixed assets | 21 | - | €0 | = | |
| Tangible fixed assets | 22/27 | €532,751 | €535,153 | +€2,402 | +0.5% |
| Land and buildings | 22 | €507,681 | €462,901 | -€44,780 | -8.8% |
| Plant, machinery and equipment | 23 | €17,477 | €1,887 | -€15,590 | -89.2% |
| Furniture and vehicles | 24 | €7,592 | €70,365 | +€62,773 | +827% |
| Leasing and similar rights | 25 | - | €0 | = | |
| Other tangible fixed assets | 26 | - | €0 | = | |
| Assets under construction and advance payments | 27 | - | €0 | = | |
| Financial fixed assets | 28 | €209 | €209 | = | 0.0% |
| Current assets | 29/58 | €4,159,240 | €2,271,465 | -€1.9m | -45.4% |
| Amounts receivable after more than one year | 29 | - | €0 | = | |
| Trade receivables | 290 | - | €0 | = | |
| Other amounts receivable | 291 | - | €0 | = | |
| Stocks and contracts in progress | 3 | €2,458,283 | €2,211,249 | -€247,034 | -10.0% |
| Stocks | 30/36 | €2,360,333 | €2,117,459 | -€242,874 | -10.3% |
| Contracts in progress | 37 | €97,950 | €93,790 | -€4,161 | -4.2% |
| Amounts receivable within one year | 40/41 | €1,620,912 | €57,220 | -€1.6m | -96.5% |
| Trade receivables | 40 | €1,587,335 | €41 | -€1.6m | -100.0% |
| Other amounts receivable | 41 | €33,577 | €57,180 | +€23,603 | +70.3% |
| Current investments | 50/53 | - | €0 | = | |
| Cash at bank and in hand | 54/58 | €71,820 | €2,395 | -€69,425 | -96.7% |
| Deferred charges and accrued income | 490/1 | €8,225 | €601 | -€7,623 | -92.7% |
| Total equity and liabilities | 10/49 | €4,692,199 | €2,806,827 | -€1.9m | -40.2% |
| Equity | 10/15 | €342,074 | €24,725 | -€317,349 | -92.8% |
| Contributions | 10/11 | €100,000 | €100,000 | = | 0.0% |
| Capital | 10 | €100,000 | €100,000 | = | 0.0% |
| Issued capital | 100 | €100,000 | €100,000 | = | 0.0% |
| Uncalled capital | 101 | - | €0 | = | |
| Contributions outside capital | 11 | - | €0 | = | |
| Share premium | 1100/10 | - | €0 | = | |
| Other | 1109/19 | - | €0 | = | |
| Revaluation surpluses | 12 | €200,000 | €200,000 | = | 0.0% |
| Reserves | 13 | €1,000 | €1,000 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,000 | €1,000 | = | 0.0% |
| Legal reserve | 130 | €1,000 | €1,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | - | €0 | = | |
| Own shares acquired | 1312 | - | €0 | = | |
| Financial assistance | 1313 | - | €0 | = | |
| Other | 1319 | - | €0 | = | |
| Tax-exempt reserves | 132 | - | €0 | = | |
| Distributable reserves | 133 | - | €0 | = | |
| Profit (loss) carried forward | 14 | €41,074 | -€276,275 | -€317,349 | |
| Investment grants | 15 | - | €0 | = | |
| Advance to shareholders on the distribution of net assets | 19 | - | €0 | = | |
| Provisions and deferred taxes | 16 | - | €0 | = | |
| Provisions for liabilities and charges | 160/5 | - | €0 | = | |
| Pensions and similar obligations | 160 | - | €0 | = | |
| Taxes | 161 | - | €0 | = | |
| Major repairs and maintenance | 162 | - | €0 | = | |
| Environmental obligations | 163 | - | €0 | = | |
| Other liabilities and charges | 164/5 | - | €0 | = | |
| Deferred taxes | 168 | - | €0 | = | |
| Amounts payable | 17/49 | €4,350,126 | €2,782,102 | -€1.6m | -36.0% |
| Amounts payable after more than one year | 17 | €514,289 | €606,132 | +€91,843 | +17.9% |
| Financial debts | 170/4 | €181,289 | €211,132 | +€29,843 | +16.5% |
| Trade debts | 175 | €333,000 | €395,000 | +€62,000 | +18.6% |
| Advances received on contracts in progress | 176 | - | €0 | = | |
| Other amounts payable | 178/9 | - | €0 | = | |
| Amounts payable within one year | 42/48 | €3,834,265 | €2,171,850 | -€1.7m | -43.4% |
| Current portion of amounts payable after more than one year | 42 | €58,289 | €77,780 | +€19,491 | +33.4% |
| Financial debts | 43 | €331,956 | €350,839 | +€18,883 | +5.7% |
| Credit institutions | 430/8 | €331,956 | €350,839 | +€18,883 | +5.7% |
| Other loans | 439 | - | €0 | = | |
| Trade debts | 44 | €622,702 | €323,859 | -€298,843 | -48.0% |
| Suppliers | 440/4 | €622,702 | €323,859 | -€298,843 | -48.0% |
| Bills of exchange payable | 441 | - | €0 | = | |
| Advances received on contracts in progress | 46 | €2,384,107 | €525,703 | -€1.9m | -77.9% |
| Taxes, remuneration and social security | 45 | €436,469 | €893,668 | +€457,199 | +105% |
| Taxes | 450/3 | €421,164 | €858,644 | +€437,480 | +104% |
| Remuneration and social security | 454/9 | €15,306 | €35,025 | +€19,719 | +129% |
| Other amounts payable | 47/48 | €741 | €0 | -€741 | -100% |
| Accrued charges and deferred income | 492/3 | €1,571 | €4,120 | +€2,549 | +162% |
| Turnover | 70 | - | €3,552,760 | +€3.6m | |
| Non-recurring operating income | 76A | €2,756 | €0 | -€2,756 | -100% |
| Goods, raw materials, services and sundry goods | 60/61 | - | €3,461,228 | +€3.5m | |
| Remuneration, social security and pensions | 62 | €283,328 | €296,715 | +€13,388 | +4.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €39,926 | €61,954 | +€22,028 | +55.2% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €0 | = | |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | - | €0 | = | |
| Other operating charges | 640/8 | €54,385 | €145,122 | +€90,737 | +167% |
| Non-recurring operating charges | 66A | - | €0 | = | |
| Gross operating margin | 9900 | €567,791 | €409,855 | -€157,936 | -27.8% |
| Operating profit (loss) | 9901 | €190,152 | -€93,937 | -€284,089 | |
| Financial income | 75/76B | - | €8,838 | +€8,838 | |
| Recurring financial income | 75 | - | €8,838 | +€8,838 | |
| Non-recurring financial income | 76B | - | €0 | = | |
| Financial charges | 65/66B | €61,390 | €231,464 | +€170,074 | +277% |
| Recurring financial charges | 65 | €61,390 | €231,464 | +€170,074 | +277% |
| Non-recurring financial charges | 66B | - | €0 | = | |
| Profit (loss) for the period before taxes | 9903 | €128,762 | -€316,563 | -€445,325 | |
| Transfer from deferred taxes | 780 | - | €0 | = | |
| Transfer to deferred taxes | 680 | - | €0 | = | |
| Income taxes | 67/77 | €55,020 | €785 | -€54,235 | -98.6% |
| Profit (loss) for the period | 9904 | €73,742 | -€317,349 | -€391,090 | |
| Profit (loss) for the period to be appropriated | 9905 | €73,742 | -€317,349 | -€391,090 |
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 20 October 2026 via checked.be.