MOTOR EXPRESS: 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.
MOTOR EXPRESS
Largest movements
- Cash +€75,535
up €75,535 (+477.2%), from €15,829 to €91,363
mainly Net result for the year (+€66,561) and Depreciation (+€47,241)
- Receivables within one year +€70,387
up €70,387 (+92.4%), from €76,151 to €146,538
of which Trade receivables: +€79,080
- Tangible fixed assets -€47,241
no longer reported in 2024 (was €47,241)
of which Furniture and vehicles: -€30,053
- Financial fixed assets -€29,960
no longer reported in 2024 (was €29,960)
- Profit (loss) carried forward +€66,561
up €66,561 (+147.4%), from €45,147 to €111,708
- Tax, wage and social debts +€24,509
up €24,509 (+118.2%), from €20,735 to €45,244
of which Taxes: +€33,821
- Trade debts -€15,349
down €15,349 (-16.8%), from €91,298 to €75,950
- Debts after one year -€7,000
no longer reported in 2024 (was €7,000)
- Turnover -€1.0m
no longer reported in 2024 (was €1.0m)
- Purchases and services -€808,131
no longer reported in 2024 (was €808,131)
- Gross operating margin +€104,246
up €104,246 (+47.7%), from €218,627 to €322,873
- Staff costs +€41,031
up €41,031 (+28.3%), from €144,926 to €185,957
- Depreciation +€24,836
up €24,836 (+110.9%), from €22,405 to €47,241
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.
Cash bridge derived
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 | €169,181 | €237,902 | +€68,721 | +40.6% |
| Fixed assets | 21/28 | €77,201 | - | -€77,201 | |
| Tangible fixed assets | 22/27 | €47,241 | - | -€47,241 | |
| Plant, machinery and equipment | 23 | €3,005 | - | -€3,005 | |
| Furniture and vehicles | 24 | €30,053 | - | -€30,053 | |
| Other tangible fixed assets | 26 | €14,183 | - | -€14,183 | |
| Financial fixed assets | 28 | €29,960 | - | -€29,960 | |
| Current assets | 29/58 | €91,980 | €237,902 | +€145,922 | +158.6% |
| Amounts receivable within one year | 40/41 | €76,151 | €146,538 | +€70,387 | +92.4% |
| Trade receivables | 40 | €67,459 | €146,538 | +€79,080 | +117.2% |
| Other amounts receivable | 41 | €8,693 | - | -€8,693 | |
| Cash at bank and in hand | 54/58 | €15,829 | €91,363 | +€75,535 | +477.2% |
| Total equity and liabilities | 10/49 | €169,181 | €237,902 | +€68,721 | +40.6% |
| Equity | 10/15 | €50,147 | €116,708 | +€66,561 | +132.7% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €45,147 | €111,708 | +€66,561 | +147.4% |
| Amounts payable | 17/49 | €119,033 | €121,193 | +€2,160 | +1.8% |
| Amounts payable after more than one year | 17 | €7,000 | - | -€7,000 | |
| Financial debts | 170/4 | €7,000 | - | -€7,000 | |
| Amounts payable within one year | 42/48 | €112,033 | €121,193 | +€9,160 | +8.2% |
| Trade debts | 44 | €91,298 | €75,950 | -€15,349 | -16.8% |
| Suppliers | 440/4 | €91,298 | €75,950 | -€15,349 | -16.8% |
| Taxes, remuneration and social security | 45 | €20,735 | €45,244 | +€24,509 | +118.2% |
| Taxes | 450/3 | - | €33,821 | +€33,821 | |
| Remuneration and social security | 454/9 | €20,735 | €11,423 | -€9,312 | -44.9% |
| Turnover | 70 | €1,026,758 | - | -€1.0m | |
| Goods, raw materials, services and sundry goods | 60/61 | €808,131 | - | -€808,131 | |
| Remuneration, social security and pensions | 62 | €144,926 | €185,957 | +€41,031 | +28.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €22,405 | €47,241 | +€24,836 | +110.9% |
| Other operating charges | 640/8 | €24,297 | €6,475 | -€17,822 | -73.4% |
| Gross operating margin | 9900 | €218,627 | €322,873 | +€104,246 | +47.7% |
| Operating profit (loss) | 9901 | €27,000 | €83,201 | +€56,201 | +208.1% |
| Financial income | 75/76B | €1 | - | -€1 | |
| Recurring financial income | 75 | €1 | - | -€1 | |
| Non-recurring financial income | 76B | €1 | - | -€1 | |
| Financial charges | 65/66B | €2,907 | - | -€2,907 | |
| Recurring financial charges | 65 | €355 | - | -€355 | |
| Non-recurring financial charges | 66B | €2,552 | - | -€2,552 | |
| Profit (loss) for the period before taxes | 9903 | €24,094 | €83,201 | +€59,107 | +245.3% |
| Income taxes | 67/77 | €2,631 | €16,640 | +€14,009 | +532.5% |
| Profit (loss) for the period | 9904 | €21,463 | €66,561 | +€45,098 | +210.1% |
| Profit (loss) for the period to be appropriated | 9905 | €21,463 | €66,561 | +€45,098 | +210.1% |
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 10 October 2026 via checked.be.