PUTTEMANS AUTOMOBILES: 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.
PUTTEMANS AUTOMOBILES
Largest movements
- Tangible fixed assets -€155,819
down €155,819 (-99.6%), from €156,454 to €635
- Receivables within one year -€132,455
down €132,455 (-66.8%), from €198,261 to €65,806
of which Trade receivables: -€89,997
- Receivables after one year +€128,257
new in 2025: €128,257
- Stocks and contracts -€87,000
no longer reported in 2025 (was €87,000)
- Cash +€37,194
up €37,194 (+336%), from €11,068 to €48,261
mainly Debts after one year (+€967,471) and Investment in fixed assets (net) (+€153,750)
- Other debts -€1.3m
no longer reported in 2025 (was €1.3m)
- Debts after one year +€967,471
new in 2025: €967,471
of which Financial debts: +€650,816
- Trade debts +€82,002
up €82,002 (+234%), from €35,037 to €117,039
- Provisions -€12,503
no longer reported in 2025 (was €12,503)
- Profit (loss) carried forward +€11,739
up €11,739 (+1.3%), from -€914,443 to -€902,704
- Depreciation -€45,000
down €45,000 (-95.6%), from €47,069 to €2,069
- Gross operating margin -€40,763
down €40,763 (-55.8%), from €73,065 to €32,302
- Financial charges -€19,977
down €19,977 (-68.3%), from €29,246 to €9,269
- Other operating charges +€14,184
up €14,184, from €0 to €14,184
- Provisions -€12,503
new in 2025: -€12,503
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 | €457,981 | €244,041 | -€213,940 | -46.7% |
| Fixed assets | 21/28 | €156,454 | €635 | -€155,819 | -99.6% |
| Tangible fixed assets | 22/27 | €156,454 | €635 | -€155,819 | -99.6% |
| Furniture and vehicles | 24 | €156,454 | €635 | -€155,819 | -99.6% |
| Current assets | 29/58 | €301,527 | €243,405 | -€58,122 | -19.3% |
| Amounts receivable after more than one year | 29 | - | €128,257 | +€128,257 | |
| Other amounts receivable | 291 | - | €128,257 | +€128,257 | |
| Stocks and contracts in progress | 3 | €87,000 | - | -€87,000 | |
| Stocks | 30/36 | €87,000 | - | -€87,000 | |
| Amounts receivable within one year | 40/41 | €198,261 | €65,806 | -€132,455 | -66.8% |
| Trade receivables | 40 | €131,581 | €41,584 | -€89,997 | -68.4% |
| Other amounts receivable | 41 | €66,680 | €24,222 | -€42,458 | -63.7% |
| Cash at bank and in hand | 54/58 | €11,068 | €48,261 | +€37,194 | +336% |
| Deferred charges and accrued income | 490/1 | €5,199 | €1,081 | -€4,118 | -79.2% |
| Total equity and liabilities | 10/49 | €457,981 | €244,041 | -€213,940 | -46.7% |
| Equity | 10/15 | -€852,469 | -€840,730 | +€11,739 | +1.4% |
| Contributions | 10/11 | €61,973 | €61,973 | = | 0.0% |
| Capital | 10 | €61,973 | €61,973 | = | 0.0% |
| Issued capital | 100 | €61,973 | €61,973 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€914,443 | -€902,704 | +€11,739 | +1.3% |
| Provisions and deferred taxes | 16 | €12,503 | - | -€12,503 | |
| Provisions for liabilities and charges | 160/5 | €12,503 | - | -€12,503 | |
| Environmental obligations | 163 | €12,503 | - | -€12,503 | |
| Amounts payable | 17/49 | €1,297,947 | €1,084,771 | -€213,176 | -16.4% |
| Amounts payable after more than one year | 17 | - | €967,471 | +€967,471 | |
| Financial debts | 170/4 | - | €650,816 | +€650,816 | |
| Other amounts payable | 178/9 | - | €316,655 | +€316,655 | |
| Amounts payable within one year | 42/48 | €1,297,947 | €117,300 | -€1.2m | -91.0% |
| Current portion of amounts payable after more than one year | 42 | €0 | - | = | |
| Financial debts | 43 | €0 | - | = | |
| Credit institutions | 430/8 | €0 | - | = | |
| Trade debts | 44 | €35,037 | €117,039 | +€82,002 | +234% |
| Suppliers | 440/4 | €35,037 | €117,039 | +€82,002 | +234% |
| Taxes, remuneration and social security | 45 | - | €261 | +€261 | |
| Taxes | 450/3 | - | €261 | +€261 | |
| Other amounts payable | 47/48 | €1,262,911 | - | -€1.3m | |
| Non-recurring operating income | 76A | €0 | €157,407 | +€157,407 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €47,069 | €2,069 | -€45,000 | -95.6% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | - | -€12,503 | -€12,503 | |
| Other operating charges | 640/8 | €0 | €14,184 | +€14,184 | |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | €73,065 | €32,302 | -€40,763 | -55.8% |
| Operating profit (loss) | 9901 | €25,997 | €28,553 | +€2,556 | +9.8% |
| Financial income | 75/76B | €1,873 | €1,961 | +€88 | +4.7% |
| Recurring financial income | 75 | €1,873 | €1,961 | +€88 | +4.7% |
| Financial charges | 65/66B | €29,246 | €9,269 | -€19,977 | -68.3% |
| Recurring financial charges | 65 | €29,246 | €9,269 | -€19,977 | -68.3% |
| Profit (loss) for the period before taxes | 9903 | -€1,376 | €21,244 | +€22,620 | |
| Income taxes | 67/77 | €3,245 | €9,505 | +€6,261 | +193% |
| Profit (loss) for the period | 9904 | -€4,621 | €11,739 | +€16,360 | |
| Profit (loss) for the period to be appropriated | 9905 | -€4,621 | €11,739 | +€16,360 |
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 20 October 2026 via checked.be.