Q-Access: 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.
What changed
Q-Access
NACE 47.811, Retail sale of cars and light vans (up to 3.5 tonnes)
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
-€126,130
2024 · -€1.1m+€957,179
Equity
€93,009
2024 · €218,788-€125,779
Cash
€78,123
2024 · €151,693-€73,569
Balance sheet total
€4.3m
2024 · €5.1m-€804,797
Largest movements
Assets
- Receivables within one year -€364,231
down €364,231 (-19.3%), from €1.9m to €1.5m
of which Other amounts receivable: -€196,451
- Tangible fixed assets -€139,453
down €139,453 (-67.1%), from €207,814 to €68,361
of which Furniture and vehicles: -€77,882
- Stocks and contracts -€129,183
down €129,183 (-5.7%), from €2.3m to €2.2m
- Intangible fixed assets -€73,768
down €73,768 (-30.3%), from €243,530 to €169,762
- Cash -€73,569
down €73,569 (-48.5%), from €151,693 to €78,123
mainly Trade debts (-€395,171) and Short-term financial debts (-€355,364)
Equity and liabilities
- Trade debts -€395,171
down €395,171 (-73.0%), from €541,109 to €145,938
- Short-term financial debts -€355,364
down €355,364 (-9.2%), from €3.9m to €3.5m
- Current portion of long-term debt +€213,065
up €213,065 (+106%), from €200,768 to €413,833
- Profit (loss) carried forward -€125,779
down €125,779 (-2.3%), from -€5.5m to -€5.7m
- Other debts -€88,444
down €88,444 (-100%), from €88,444 to €0
Income statement
- Turnover -€7.5m
no longer reported in 2025 (was €7.5m)
- Goods and materials -€5.9m
no longer reported in 2025 (was €5.9m)
of which Purchases: -€5.6m
- Services and other goods -€1.5m
no longer reported in 2025 (was €1.5m)
- Other operating charges -€530,318
down €530,318 (-98.6%), from €537,624 to €7,306
- Gross operating margin +€459,364
new in 2025: €459,364
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.
Result 2024
-€1.1m
Turnover
-€7.5m
Other operating income
-€372,139
Goods and materials
+€5.9m
Services and other goods
+€1.5m
Staff costs
+€209,956
Depreciation
+€29,257
Write-downs
+€78,526
Other operating charges
+€530,318
Other operating items
+€567,842
Financial income
-€27,319
Financial charges
+€42,952
Taxes
-€1,297
Result 2025
-€126,130
raises the resultlowers the resultnot broken down further in the accounts
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.
From operations
+€8,413
Investment
+€101,494
Financing
-€183,476
Cash 2024
€151,693
From operations (derived)
+€8,413
Net result for the year
-€126,130
Depreciation
+€113,388
Stocks and contracts
+€129,183
Receivables within one year
+€364,231
Deferred charges and accrued income
+€22,932
Trade debts
-€395,171
Tax, wage and social debts
+€3,107
Other debts
-€88,444
Accrued charges and deferred income
-€14,682
Investment (derived)
+€101,494
Investment in fixed assets (net)
+€101,494
Financing
-€183,476
Debts after one year
-€41,529
Current portion of long-term debt
+€213,065
Short-term financial debts
-€355,364
Contributions, distributions and other
+€352
Cash 2025
€78,123
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €5,087,366 | €4,282,570 | -€804,797 | -15.8% |
| Fixed assets | 21/28 | €689,104 | €474,223 | -€214,882 | -31.2% |
| Intangible fixed assets | 21 | €243,530 | €169,762 | -€73,768 | -30.3% |
| Tangible fixed assets | 22/27 | €207,814 | €68,361 | -€139,453 | -67.1% |
| Plant, machinery and equipment | 23 | €64,821 | €3,175 | -€61,646 | -95.1% |
| Furniture and vehicles | 24 | €126,463 | €48,580 | -€77,882 | -61.6% |
| Other tangible fixed assets | 26 | €16,530 | €16,606 | +€75 | +0.5% |
| Financial fixed assets | 28 | €237,760 | €236,100 | -€1,660 | -0.7% |
| Affiliated companies | 280/1 | €236,000 | - | -€236,000 | |
| Participating interests | 280 | €236,000 | - | -€236,000 | |
| Amounts receivable | 281 | €0 | - | = | |
| Other financial fixed assets | 284/8 | €1,760 | - | -€1,760 | |
| Amounts receivable and cash guarantees | 285/8 | €1,760 | - | -€1,760 | |
| Current assets | 29/58 | €4,398,262 | €3,808,347 | -€589,915 | -13.4% |
| Stocks and contracts in progress | 3 | €2,281,130 | €2,151,947 | -€129,183 | -5.7% |
| Stocks | 30/36 | €2,281,130 | €2,151,947 | -€129,183 | -5.7% |
| Goods purchased for resale | 34 | €2,281,130 | - | -€2.3m | |
| Advance payments | 36 | €0 | - | = | |
| Amounts receivable within one year | 40/41 | €1,889,294 | €1,525,063 | -€364,231 | -19.3% |
| Trade receivables | 40 | €865,518 | €697,739 | -€167,780 | -19.4% |
| Other amounts receivable | 41 | €1,023,775 | €827,324 | -€196,451 | -19.2% |
| Cash at bank and in hand | 54/58 | €151,693 | €78,123 | -€73,569 | -48.5% |
| Deferred charges and accrued income | 490/1 | €76,146 | €53,214 | -€22,932 | -30.1% |
| Total equity and liabilities | 10/49 | €5,087,366 | €4,282,570 | -€804,797 | -15.8% |
| Equity | 10/15 | €218,788 | €93,009 | -€125,779 | -57.5% |
| Contributions | 10/11 | €3,290,000 | €3,290,000 | = | 0.0% |
| Capital | 10 | €3,290,000 | €3,290,000 | = | 0.0% |
| Issued capital | 100 | €3,290,000 | €3,290,000 | = | 0.0% |
| Reserves | 13 | €2,474,142 | €2,474,142 | = | 0.0% |
| Non-distributable reserves | 130/1 | €8,247 | €8,247 | = | 0.0% |
| Legal reserve | 130 | €8,247 | €8,247 | = | 0.0% |
| Tax-exempt reserves | 132 | €18,750 | €18,750 | = | 0.0% |
| Distributable reserves | 133 | €2,447,144 | €2,447,144 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€5,545,354 | -€5,671,132 | -€125,779 | -2.3% |
| Amounts payable | 17/49 | €4,868,578 | €4,189,560 | -€679,018 | -13.9% |
| Amounts payable after more than one year | 17 | €54,180 | €12,652 | -€41,529 | -76.6% |
| Financial debts | 170/4 | €54,180 | €12,652 | -€41,529 | -76.6% |
| Credit institutions | 173 | €54,180 | - | -€54,180 | |
| Amounts payable within one year | 42/48 | €4,781,716 | €4,158,909 | -€622,807 | -13.0% |
| Current portion of amounts payable after more than one year | 42 | €200,768 | €413,833 | +€213,065 | +106% |
| Financial debts | 43 | €3,855,364 | €3,500,000 | -€355,364 | -9.2% |
| Credit institutions | 430/8 | €3,855,364 | €3,500,000 | -€355,364 | -9.2% |
| Trade debts | 44 | €541,109 | €145,938 | -€395,171 | -73.0% |
| Suppliers | 440/4 | €541,109 | €145,938 | -€395,171 | -73.0% |
| Taxes, remuneration and social security | 45 | €96,030 | €99,137 | +€3,107 | +3.2% |
| Taxes | 450/3 | €22,543 | €61,117 | +€38,574 | +171% |
| Remuneration and social security | 454/9 | €73,487 | €38,020 | -€35,467 | -48.3% |
| Other amounts payable | 47/48 | €88,444 | €0 | -€88,444 | -100% |
| Accrued charges and deferred income | 492/3 | €32,682 | €18,000 | -€14,682 | -44.9% |
| Operating income | 70/76A | €7,932,927 | - | -€7.9m | |
| Turnover | 70 | €7,527,033 | - | -€7.5m | |
| Change in stocks of work in progress, finished goods and contracts in progress | 71 | €0 | - | = | |
| Other operating income | 74 | €372,139 | - | -€372,139 | |
| Non-recurring operating income | 76A | €33,755 | €0 | -€33,755 | -100% |
| Operating charges | 60/66A | €8,745,442 | - | -€8.7m | |
| Goods for resale, raw materials and consumables | 60 | €5,935,732 | - | -€5.9m | |
| Purchases | 600/8 | €5,565,474 | - | -€5.6m | |
| Change in stocks: decrease (increase) | 609 | €370,257 | - | -€370,257 | |
| Services and other goods | 61 | €1,490,384 | - | -€1.5m | |
| Remuneration, social security and pensions | 62 | €711,256 | €501,301 | -€209,956 | -29.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €142,645 | €113,388 | -€29,257 | -20.5% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€248,665 | -€327,191 | -€78,526 | -31.6% |
| Other operating charges | 640/8 | €537,624 | €7,306 | -€530,318 | -98.6% |
| Non-recurring operating charges | 66A | €176,466 | €34,233 | -€142,233 | -80.6% |
| Gross operating margin | 9900 | - | €459,364 | +€459,364 | |
| Operating profit (loss) | 9901 | -€812,515 | €130,327 | +€942,842 | |
| Financial income | 75/76B | €35,434 | €8,116 | -€27,319 | -77.1% |
| Recurring financial income | 75 | €35,434 | €8,116 | -€27,319 | -77.1% |
| Income from current assets | 751 | €25,178 | - | -€25,178 | |
| Other financial income | 752/9 | €10,256 | - | -€10,256 | |
| Financial charges | 65/66B | €305,877 | €262,925 | -€42,952 | -14.0% |
| Recurring financial charges | 65 | €305,877 | €262,925 | -€42,952 | -14.0% |
| Debt charges | 650 | €242,961 | - | -€242,961 | |
| Other financial charges | 652/9 | €62,916 | - | -€62,916 | |
| Non-recurring financial charges | 66B | €0 | - | = | |
| Profit (loss) for the period before taxes | 9903 | -€1,082,958 | -€124,482 | +€958,476 | +88.5% |
| Income taxes | 67/77 | €352 | €1,648 | +€1,297 | +369% |
| Taxes | 670/3 | €352 | - | -€352 | |
| Profit (loss) for the period | 9904 | -€1,083,309 | -€126,130 | +€957,179 | +88.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€1,083,309 | -€126,130 | +€957,179 | +88.4% |
Source: filed annual accounts (NBB), financial years ended 30 December 2024 and 30 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 15 October 2026 via checked.be.