MOTOR PALACE: 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 PALACE
Largest movements
- Cash +€15,592
up €15,592 (+27.8%), from €56,086 to €71,678
mainly Net result for the year (+€12,982) and Trade debts (+€9,004)
- Receivables within one year +€6,298
up €6,298 (+19.9%), from €31,624 to €37,921
of which Trade receivables: +€9,135
- Tangible fixed assets -€3,511
down €3,511 (-5.1%), from €69,032 to €65,521
of which Land and buildings: -€3,520
- Reserves +€12,982
up €12,982 (+15.4%), from €84,330 to €97,311
- Trade debts +€9,004
up €9,004 (+37.4%), from €24,083 to €33,087
- Debts after one year -€5,101
down €5,101 (-14.8%), from €34,538 to €29,438
of which Financial debts: -€5,502
- Gross operating margin +€17,503
up €17,503 (+36.9%), from €47,454 to €64,957
- Write-downs +€4,035
new in 2025: €4,035
- Taxes +€3,328
up €3,328 (+195%), from €1,709 to €5,037
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 | €181,512 | €199,210 | +€17,698 | +9.8% |
| Fixed assets | 21/28 | €69,032 | €65,521 | -€3,511 | -5.1% |
| Tangible fixed assets | 22/27 | €69,032 | €65,521 | -€3,511 | -5.1% |
| Land and buildings | 22 | €57,392 | €53,872 | -€3,520 | -6.1% |
| Plant, machinery and equipment | 23 | €6,969 | €5,755 | -€1,214 | -17.4% |
| Furniture and vehicles | 24 | - | €1,812 | +€1,812 | |
| Other tangible fixed assets | 26 | €4,671 | €4,082 | -€589 | -12.6% |
| Current assets | 29/58 | €112,479 | €133,689 | +€21,209 | +18.9% |
| Stocks and contracts in progress | 3 | €21,345 | €20,114 | -€1,231 | -5.8% |
| Stocks | 30/36 | €21,345 | €20,114 | -€1,231 | -5.8% |
| Amounts receivable within one year | 40/41 | €31,624 | €37,921 | +€6,298 | +19.9% |
| Trade receivables | 40 | €24,552 | €33,687 | +€9,135 | +37.2% |
| Other amounts receivable | 41 | €7,072 | €4,234 | -€2,838 | -40.1% |
| Cash at bank and in hand | 54/58 | €56,086 | €71,678 | +€15,592 | +27.8% |
| Deferred charges and accrued income | 490/1 | €3,425 | €3,976 | +€550 | +16.1% |
| Total equity and liabilities | 10/49 | €181,512 | €199,210 | +€17,698 | +9.8% |
| Equity | 10/15 | €102,922 | €115,903 | +€12,982 | +12.6% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Contributions outside capital | 11 | €18,592 | €18,592 | = | 0.0% |
| Other | 1109/19 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €84,330 | €97,311 | +€12,982 | +15.4% |
| Distributable reserves | 133 | €84,330 | €97,311 | +€12,982 | +15.4% |
| Amounts payable | 17/49 | €78,590 | €83,307 | +€4,717 | +6.0% |
| Amounts payable after more than one year | 17 | €34,538 | €29,438 | -€5,101 | -14.8% |
| Financial debts | 170/4 | €10,205 | €4,703 | -€5,502 | -53.9% |
| Other amounts payable | 178/9 | €24,333 | €24,734 | +€402 | +1.7% |
| Amounts payable within one year | 42/48 | €43,986 | €53,869 | +€9,883 | +22.5% |
| Current portion of amounts payable after more than one year | 42 | €6,215 | €5,502 | -€712 | -11.5% |
| Trade debts | 44 | €24,083 | €33,087 | +€9,004 | +37.4% |
| Suppliers | 440/4 | €24,083 | €33,087 | +€9,004 | +37.4% |
| Taxes, remuneration and social security | 45 | €13,234 | €14,824 | +€1,591 | +12.0% |
| Taxes | 450/3 | €2,506 | €5,814 | +€3,308 | +132% |
| Remuneration and social security | 454/9 | €10,728 | €9,011 | -€1,717 | -16.0% |
| Other amounts payable | 47/48 | €455 | €455 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €66 | - | -€66 | |
| Remuneration, social security and pensions | 62 | €30,316 | €30,370 | +€55 | +0.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,524 | €5,761 | +€237 | +4.3% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €4,035 | +€4,035 | |
| Other operating charges | 640/8 | €5,253 | €5,370 | +€117 | +2.2% |
| Gross operating margin | 9900 | €47,454 | €64,957 | +€17,503 | +36.9% |
| Operating profit (loss) | 9901 | €6,361 | €19,422 | +€13,061 | +205% |
| Financial income | 75/76B | €348 | €18 | -€330 | -94.7% |
| Recurring financial income | 75 | €348 | €18 | -€330 | -94.7% |
| Financial charges | 65/66B | €1,816 | €1,422 | -€394 | -21.7% |
| Recurring financial charges | 65 | €1,816 | €1,422 | -€394 | -21.7% |
| Profit (loss) for the period before taxes | 9903 | €4,893 | €18,019 | +€13,125 | +268% |
| Income taxes | 67/77 | €1,709 | €5,037 | +€3,328 | +195% |
| Profit (loss) for the period | 9904 | €3,184 | €12,982 | +€9,797 | +308% |
| Profit (loss) for the period to be appropriated | 9905 | €3,184 | €12,982 | +€9,797 | +308% |
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 16 October 2026 via checked.be.