Q-AUTOCARS: 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.
Q-AUTOCARS
Largest movements
- Tangible fixed assets +€260,745
up €260,745 (+83.5%), from €312,281 to €573,025
of which Leasing and similar rights: +€307,024
- Cash +€107,283
up €107,283 (+102,998%), from €104 to €107,387
mainly Debts after one year (+€169,198) and Trade debts (+€126,342)
- Receivables within one year -€24,282
down €24,282 (-28.2%), from €86,128 to €61,846
of which Trade receivables: -€43,282
- Debts after one year +€169,198
up €169,198 (+235%), from €72,041 to €241,239
- Trade debts +€126,342
up €126,342 (+278%), from €45,372 to €171,714
- Other debts +€30,699
up €30,699 (+930%), from €3,302 to €34,000
- Reserves +€20,772
up €20,772 (+43.1%), from €48,180 to €68,952
of which Distributable reserves: +€20,772
- Other operating charges +€13,342
up €13,342 (+114%), from €11,734 to €25,076
- Gross operating margin -€9,233
down €9,233 (-6.1%), from €151,134 to €141,902
- Taxes -€7,378
down €7,378 (-77.7%), from €9,495 to €2,118
- Staff costs -€3,063
down €3,063 (-7.5%), from €40,728 to €37,665
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 | €404,188 | €748,544 | +€344,356 | +85.2% |
| Fixed assets | 21/28 | €312,281 | €573,025 | +€260,745 | +83.5% |
| Tangible fixed assets | 22/27 | €312,281 | €573,025 | +€260,745 | +83.5% |
| Land and buildings | 22 | €82,258 | €78,563 | -€3,695 | -4.5% |
| Plant, machinery and equipment | 23 | €8,135 | €6,016 | -€2,119 | -26.0% |
| Furniture and vehicles | 24 | €221,888 | €181,422 | -€40,465 | -18.2% |
| Leasing and similar rights | 25 | - | €307,024 | +€307,024 | |
| Current assets | 29/58 | €91,907 | €175,519 | +€83,612 | +91.0% |
| Amounts receivable within one year | 40/41 | €86,128 | €61,846 | -€24,282 | -28.2% |
| Trade receivables | 40 | €75,299 | €32,017 | -€43,282 | -57.5% |
| Other amounts receivable | 41 | €10,830 | €29,830 | +€19,000 | +175% |
| Cash at bank and in hand | 54/58 | €104 | €107,387 | +€107,283 | +102,998% |
| Deferred charges and accrued income | 490/1 | €5,675 | €6,286 | +€611 | +10.8% |
| Total equity and liabilities | 10/49 | €404,188 | €748,544 | +€344,356 | +85.2% |
| Equity | 10/15 | €193,180 | €213,952 | +€20,772 | +10.8% |
| Contributions | 10/11 | €145,000 | €145,000 | = | 0.0% |
| Reserves | 13 | €48,180 | €68,952 | +€20,772 | +43.1% |
| Non-distributable reserves | 130/1 | €996 | €996 | = | 0.0% |
| Reserves not available under the articles | 1311 | €996 | €996 | = | 0.0% |
| Tax-exempt reserves | 132 | €18,750 | €18,750 | = | 0.0% |
| Distributable reserves | 133 | €28,434 | €49,206 | +€20,772 | +73.1% |
| Amounts payable | 17/49 | €211,008 | €534,592 | +€323,584 | +153% |
| Amounts payable after more than one year | 17 | €72,041 | €241,239 | +€169,198 | +235% |
| Financial debts | 170/4 | €72,041 | €241,239 | +€169,198 | +235% |
| Amounts payable within one year | 42/48 | €138,967 | €293,353 | +€154,386 | +111% |
| Current portion of amounts payable after more than one year | 42 | €31,409 | €32,692 | +€1,283 | +4.1% |
| Financial debts | 43 | €31,670 | €28,595 | -€3,075 | -9.7% |
| Credit institutions | 430/8 | €31,670 | €28,595 | -€3,075 | -9.7% |
| Trade debts | 44 | €45,372 | €171,714 | +€126,342 | +278% |
| Suppliers | 440/4 | €45,372 | €171,714 | +€126,342 | +278% |
| Taxes, remuneration and social security | 45 | €27,215 | €26,352 | -€862 | -3.2% |
| Taxes | 450/3 | €15,733 | €18,639 | +€2,906 | +18.5% |
| Remuneration and social security | 454/9 | €11,482 | €7,714 | -€3,768 | -32.8% |
| Other amounts payable | 47/48 | €3,302 | €34,000 | +€30,699 | +930% |
| Remuneration, social security and pensions | 62 | €40,728 | €37,665 | -€3,063 | -7.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €49,254 | €50,062 | +€808 | +1.6% |
| Other operating charges | 640/8 | €11,734 | €25,076 | +€13,342 | +114% |
| Gross operating margin | 9900 | €151,134 | €141,902 | -€9,233 | -6.1% |
| Operating profit (loss) | 9901 | €49,418 | €29,098 | -€20,320 | -41.1% |
| Financial income | 75/76B | €56 | €368 | +€313 | +563% |
| Recurring financial income | 75 | €56 | €368 | +€313 | +563% |
| Financial charges | 65/66B | €7,143 | €6,577 | -€566 | -7.9% |
| Recurring financial charges | 65 | €7,143 | €6,577 | -€566 | -7.9% |
| Profit (loss) for the period before taxes | 9903 | €42,331 | €22,890 | -€19,441 | -45.9% |
| Income taxes | 67/77 | €9,495 | €2,118 | -€7,378 | -77.7% |
| Profit (loss) for the period | 9904 | €32,835 | €20,772 | -€12,063 | -36.7% |
| Profit (loss) for the period to be appropriated | 9905 | €32,835 | €20,772 | -€12,063 | -36.7% |
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 21 October 2026 via checked.be.