MY OLDTIMER: what changed
What changed
MY OLDTIMER
NACE 47.811, Retail sale of cars and light vans (up to 3.5 tonnes)
filed annual accounts (NBB)
Net result for the year
-€134,587
2024 · -€81,760-€52,827
Equity
-€903,683
2024 · -€769,096-€134,587
Cash
€6,609
2024 · €12,166-€5,557
Balance sheet total
€1.3m
2024 · €1.4m-€86,755
Largest movements
Assets
- Stocks and contracts -€45,000
down €45,000 (-14.4%), from €312,784 to €267,784
- Tangible fixed assets -€42,838
down €42,838 (-4.2%), from €1.0m to €972,388
of which Land and buildings: -€23,600
Equity and liabilities
- Profit (loss) carried forward -€134,587
down €134,587 (-17.0%), from -€790,096 to -€924,683
- Other debts +€120,866
up €120,866 (+22.0%), from €548,560 to €669,425
- Debts after one year -€95,662
down €95,662 (-6.3%), from €1.5m to €1.4m
- Current portion of long-term debt +€16,448
up €16,448 (+20.8%), from €79,056 to €95,504
Income statement
- Gross operating margin -€51,800
down €51,800, from €50,502 to -€1,298
- Staff costs +€5,659
up €5,659 (+8.2%), from €68,738 to €74,397
- Depreciation -€1,836
down €1,836 (-4.1%), from €44,674 to €42,838
- Financial charges -€1,369
down €1,369 (-13.4%), from €10,208 to €8,839
- Write-downs -€1,221
no longer reported in 2025 (was €1,221)
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
-€81,760
Gross operating margin
-€51,800
Staff costs
-€5,659
Depreciation
+€1,836
Write-downs
+€1,221
Other operating charges
+€205
Financial income
-€0
Financial charges
+€1,369
Result 2025
-€134,587
raises the resultlowers the result
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€77,622
Investment
-€3,966
Financing
-€79,213
Cash 2024
€12,166
From operations (derived)
+€77,622
Net result for the year
-€134,587
Depreciation
+€42,838
Stocks and contracts
+€45,000
Receivables within one year
-€2,675
Trade debts
+€8,563
Tax, wage and social debts
-€2,383
Other debts
+€120,866
Investment (derived)
-€3,966
Investment in fixed assets (net)
-€3,966
Financing
-€79,213
Debts after one year
-€95,662
Current portion of long-term debt
+€16,448
Cash 2025
€6,609
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,388,849 | €1,302,095 | -€86,755 | -6.2% |
| Fixed assets | 21/28 | €1,015,227 | €976,354 | -€38,872 | -3.8% |
| Tangible fixed assets | 22/27 | €1,015,227 | €972,388 | -€42,838 | -4.2% |
| Land and buildings | 22 | €579,082 | €555,482 | -€23,600 | -4.1% |
| Plant, machinery and equipment | 23 | €219,644 | €200,406 | -€19,238 | -8.8% |
| Furniture and vehicles | 24 | €216,500 | €216,500 | = | 0.0% |
| Financial fixed assets | 28 | - | €3,966 | +€3,966 | |
| Current assets | 29/58 | €373,622 | €325,740 | -€47,882 | -12.8% |
| Stocks and contracts in progress | 3 | €312,784 | €267,784 | -€45,000 | -14.4% |
| Stocks | 30/36 | €312,784 | €267,784 | -€45,000 | -14.4% |
| Amounts receivable within one year | 40/41 | €48,672 | €51,347 | +€2,675 | +5.5% |
| Trade receivables | 40 | €48,153 | €48,859 | +€706 | +1.5% |
| Other amounts receivable | 41 | €519 | €2,488 | +€1,969 | +380% |
| Cash at bank and in hand | 54/58 | €12,166 | €6,609 | -€5,557 | -45.7% |
| Total equity and liabilities | 10/49 | €1,388,849 | €1,302,095 | -€86,755 | -6.2% |
| Equity | 10/15 | -€769,096 | -€903,683 | -€134,587 | -17.5% |
| Contributions | 10/11 | €21,000 | €21,000 | = | 0.0% |
| Contributions outside capital | 11 | €21,000 | €21,000 | = | 0.0% |
| Other | 1109/19 | €21,000 | €21,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€790,096 | -€924,683 | -€134,587 | -17.0% |
| Amounts payable | 17/49 | €2,157,945 | €2,205,777 | +€47,833 | +2.2% |
| Amounts payable after more than one year | 17 | €1,512,654 | €1,416,992 | -€95,662 | -6.3% |
| Financial debts | 170/4 | €1,512,654 | €1,416,992 | -€95,662 | -6.3% |
| Amounts payable within one year | 42/48 | €645,291 | €788,785 | +€143,494 | +22.2% |
| Current portion of amounts payable after more than one year | 42 | €79,056 | €95,504 | +€16,448 | +20.8% |
| Trade debts | 44 | €6,792 | €15,355 | +€8,563 | +126% |
| Suppliers | 440/4 | €6,792 | €15,355 | +€8,563 | +126% |
| Taxes, remuneration and social security | 45 | €10,883 | €8,500 | -€2,383 | -21.9% |
| Taxes | 450/3 | €1,010 | €283 | -€727 | -72.0% |
| Remuneration and social security | 454/9 | €9,873 | €8,217 | -€1,656 | -16.8% |
| Other amounts payable | 47/48 | €548,560 | €669,425 | +€120,866 | +22.0% |
| Remuneration, social security and pensions | 62 | €68,738 | €74,397 | +€5,659 | +8.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €44,674 | €42,838 | -€1,836 | -4.1% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €1,221 | - | -€1,221 | |
| Other operating charges | 640/8 | €7,420 | €7,215 | -€205 | -2.8% |
| Gross operating margin | 9900 | €50,502 | -€1,298 | -€51,800 | |
| Operating profit (loss) | 9901 | -€71,552 | -€125,748 | -€54,197 | -75.7% |
| Financial income | 75/76B | €0 | - | -€0 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Financial charges | 65/66B | €10,208 | €8,839 | -€1,369 | -13.4% |
| Recurring financial charges | 65 | €10,208 | €8,839 | -€1,369 | -13.4% |
| Profit (loss) for the period before taxes | 9903 | -€81,760 | -€134,587 | -€52,827 | -64.6% |
| Profit (loss) for the period | 9904 | -€81,760 | -€134,587 | -€52,827 | -64.6% |
| Profit (loss) for the period to be appropriated | 9905 | -€81,760 | -€134,587 | -€52,827 | -64.6% |
Next steps
Work out how much credit to give this customer and on what payment terms.Credit check Check what to know before you do business with this company.Supplier due diligence Check whether you can accept this company as a client under the anti-money-laundering law.AML client file Compare this company with its sector.Sector benchmark
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 2 November 2026 via checked.be.