PITLANE MOTOR: 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.
PITLANE MOTOR
Largest movements
- Cash -€87,790
down €87,790 (-62.9%), from €139,511 to €51,721
mainly Trade debts (-€86,467) and Other debts (-€44,572)
- Tangible fixed assets -€73,234
down €73,234 (-64.1%), from €114,161 to €40,927
of which Land and buildings: -€69,688
- Receivables within one year -€56,620
down €56,620 (-47.0%), from €120,500 to €63,880
of which Trade receivables: -€83,026
- Stocks and contracts +€38,596
up €38,596 (+4.4%), from €868,238 to €906,835
- Trade debts -€86,467
down €86,467 (-86.9%), from €99,495 to €13,028
- Other debts -€44,572
down €44,572 (-68.1%), from €65,418 to €20,846
- Profit (loss) carried forward -€29,213
down €29,213 (-9.0%), from €324,467 to €295,254
- Advances received +€28,990
new in 2025: €28,990
- Debts after one year -€27,850
down €27,850 (-12.6%), from €221,328 to €193,479
of which Financial debts: -€34,421
- Gross operating margin -€159,204
down €159,204 (-31.9%), from €499,419 to €340,215
- Taxes -€31,576
down €31,576 (-100%), from €31,576 to €0
- Financial charges -€19,041
down €19,041 (-42.9%), from €44,420 to €25,379
- Staff costs +€13,821
up €13,821 (+4.6%), from €301,204 to €315,025
- Depreciation -€8,335
down €8,335 (-33.3%), from €25,050 to €16,715
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 | €1,257,257 | €1,071,719 | -€185,537 | -14.8% |
| Fixed assets | 21/28 | €114,611 | €41,377 | -€73,234 | -63.9% |
| Tangible fixed assets | 22/27 | €114,161 | €40,927 | -€73,234 | -64.1% |
| Land and buildings | 22 | €91,617 | €21,929 | -€69,688 | -76.1% |
| Plant, machinery and equipment | 23 | €5,288 | €2,256 | -€3,031 | -57.3% |
| Furniture and vehicles | 24 | €6,937 | €3,055 | -€3,882 | -56.0% |
| Leasing and similar rights | 25 | €835 | €503 | -€332 | -39.7% |
| Other tangible fixed assets | 26 | €9,484 | €13,183 | +€3,700 | +39.0% |
| Financial fixed assets | 28 | €450 | €450 | = | 0.0% |
| Current assets | 29/58 | €1,142,646 | €1,030,342 | -€112,303 | -9.8% |
| Stocks and contracts in progress | 3 | €868,238 | €906,835 | +€38,596 | +4.4% |
| Stocks | 30/36 | €868,238 | €906,835 | +€38,596 | +4.4% |
| Amounts receivable within one year | 40/41 | €120,500 | €63,880 | -€56,620 | -47.0% |
| Trade receivables | 40 | €117,660 | €34,634 | -€83,026 | -70.6% |
| Other amounts receivable | 41 | €2,840 | €29,246 | +€26,406 | +930% |
| Cash at bank and in hand | 54/58 | €139,511 | €51,721 | -€87,790 | -62.9% |
| Deferred charges and accrued income | 490/1 | €14,396 | €7,907 | -€6,490 | -45.1% |
| Total equity and liabilities | 10/49 | €1,257,257 | €1,071,719 | -€185,537 | -14.8% |
| Equity | 10/15 | €344,918 | €315,705 | -€29,213 | -8.5% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Capital | 10 | €18,592 | - | -€18,592 | |
| Issued capital | 100 | €18,592 | - | -€18,592 | |
| Reserves | 13 | €1,859 | €1,859 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Legal reserve | 130 | €1,859 | - | -€1,859 | |
| Reserves not available under the articles | 1311 | - | €1,859 | +€1,859 | |
| Profit (loss) carried forward | 14 | €324,467 | €295,254 | -€29,213 | -9.0% |
| Amounts payable | 17/49 | €912,338 | €756,014 | -€156,324 | -17.1% |
| Amounts payable after more than one year | 17 | €221,328 | €193,479 | -€27,850 | -12.6% |
| Financial debts | 170/4 | €76,324 | €41,903 | -€34,421 | -45.1% |
| Other amounts payable | 178/9 | €145,005 | €151,576 | +€6,571 | +4.5% |
| Amounts payable within one year | 42/48 | €691,010 | €559,728 | -€131,282 | -19.0% |
| Current portion of amounts payable after more than one year | 42 | €437,270 | €434,421 | -€2,849 | -0.7% |
| Trade debts | 44 | €99,495 | €13,028 | -€86,467 | -86.9% |
| Suppliers | 440/4 | €99,495 | €13,028 | -€86,467 | -86.9% |
| Advances received on contracts in progress | 46 | - | €28,990 | +€28,990 | |
| Taxes, remuneration and social security | 45 | €88,826 | €62,443 | -€26,384 | -29.7% |
| Taxes | 450/3 | €63,243 | €31,576 | -€31,667 | -50.1% |
| Remuneration and social security | 454/9 | €25,583 | €30,867 | +€5,284 | +20.7% |
| Other amounts payable | 47/48 | €65,418 | €20,846 | -€44,572 | -68.1% |
| Accrued charges and deferred income | 492/3 | - | €2,808 | +€2,808 | |
| Remuneration, social security and pensions | 62 | €301,204 | €315,025 | +€13,821 | +4.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €25,050 | €16,715 | -€8,335 | -33.3% |
| Other operating charges | 640/8 | €13,543 | €12,354 | -€1,189 | -8.8% |
| Gross operating margin | 9900 | €499,419 | €340,215 | -€159,204 | -31.9% |
| Operating profit (loss) | 9901 | €159,623 | -€3,878 | -€163,500 | |
| Financial income | 75/76B | €44 | €43 | -€1 | -3.0% |
| Recurring financial income | 75 | €44 | €43 | -€1 | -3.0% |
| Financial charges | 65/66B | €44,420 | €25,379 | -€19,041 | -42.9% |
| Recurring financial charges | 65 | €44,420 | €25,379 | -€19,041 | -42.9% |
| Profit (loss) for the period before taxes | 9903 | €115,247 | -€29,213 | -€144,461 | |
| Income taxes | 67/77 | €31,576 | €0 | -€31,576 | -100% |
| Profit (loss) for the period | 9904 | €83,671 | -€29,213 | -€112,885 | |
| Profit (loss) for the period to be appropriated | 9905 | €83,671 | -€29,213 | -€112,885 |
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 28 October 2026 via checked.be.