RETROSPECTIVE: what changed
Two fiscal 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
RETROSPECTIVE
NACE 47.811, Retail sale of cars and light vans (up to 3.5 tonnes)
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
-€3,507
2024 · €101-€3,608
Equity
€137,600
2024 · €141,107-€3,507
Cash
€8
2024 · €21-€13
Balance sheet total
€807,177
2024 · €795,692+€11,485
Largest movements
Assets
- Deferred charges and accrued income +€11,369
up €11,369 (+8.3%), from €136,978 to €148,347
Equity and liabilities
- Trade debts +€9,216
up €9,216 (+68.2%), from €13,505 to €22,721
Income statement
- Gross operating margin -€9,797
down €9,797 (-57.7%), from €16,986 to €7,189
- Other operating charges -€4,659
down €4,659 (-44.2%), from €10,550 to €5,891
- Financial charges -€1,441
down €1,441 (-23.2%), from €6,216 to €4,775
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
€101
Gross operating margin
-€9,797
Other operating charges
+€4,659
Financial charges
+€1,441
Taxes
+€89
Result 2025
-€3,507
Cash bridge derived
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
-€6,156
Investment
€0
Financing
+€6,143
Cash 2024
€21
From operations (derived)
-€6,156
Net result for the year
-€3,507
Receivables within one year
-€129
Deferred charges and accrued income
-€11,369
Trade debts
+€9,216
Accrued charges and deferred income
-€367
Financing
+€6,143
Debts after one year
+€4,287
Current portion of long-term debt
+€1,853
Short-term financial debts
+€3
Cash 2025
€8
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €795,692 | €807,177 | +€11,485 | +1.4% |
| Fixed assets | 21/28 | €607,481 | €607,481 | = | 0.0% |
| Tangible fixed assets | 22/27 | €514,437 | €514,437 | = | 0.0% |
| Land and buildings | 22 | €514,437 | €514,437 | = | 0.0% |
| Financial fixed assets | 28 | €93,044 | €93,044 | = | 0.0% |
| Current assets | 29/58 | €188,211 | €199,696 | +€11,485 | +6.1% |
| Amounts receivable within one year | 40/41 | €51,212 | €51,341 | +€129 | +0.3% |
| Other amounts receivable | 41 | €51,212 | €51,341 | +€129 | +0.3% |
| Cash at bank and in hand | 54/58 | €21 | €8 | -€13 | -61.9% |
| Deferred charges and accrued income | 490/1 | €136,978 | €148,347 | +€11,369 | +8.3% |
| Total equity and liabilities | 10/49 | €795,692 | €807,177 | +€11,485 | +1.4% |
| Equity | 10/15 | €141,107 | €137,600 | -€3,507 | -2.5% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Revaluation surpluses | 12 | €115,000 | €115,000 | = | 0.0% |
| Reserves | 13 | €1,859 | €1,859 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | = | 0.0% |
| Profit (loss) carried forward | 14 | €5,656 | €2,149 | -€3,507 | -62.0% |
| Amounts payable | 17/49 | €654,585 | €669,577 | +€14,992 | +2.3% |
| Amounts payable after more than one year | 17 | €542,794 | €547,081 | +€4,287 | +0.8% |
| Financial debts | 170/4 | €502,794 | €500,677 | -€2,117 | -0.4% |
| Other amounts payable | 178/9 | €40,000 | €46,404 | +€6,404 | +16.0% |
| Amounts payable within one year | 42/48 | €111,424 | €122,496 | +€11,072 | +9.9% |
| Current portion of amounts payable after more than one year | 42 | €35,005 | €36,858 | +€1,853 | +5.3% |
| Financial debts | 43 | €62,206 | €62,209 | +€3 | 0.0% |
| Credit institutions | 430/8 | €62,206 | €62,209 | +€3 | 0.0% |
| Trade debts | 44 | €13,505 | €22,721 | +€9,216 | +68.2% |
| Suppliers | 440/4 | €13,505 | €22,721 | +€9,216 | +68.2% |
| Taxes, remuneration and social security | 45 | €708 | €708 | = | 0.0% |
| Taxes | 450/3 | €708 | €708 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €367 | - | -€367 | |
| Non-recurring operating income | 76A | €20,400 | - | -€20,400 | |
| Other operating charges | 640/8 | €10,550 | €5,891 | -€4,659 | -44.2% |
| Gross operating margin | 9900 | €16,986 | €7,189 | -€9,797 | -57.7% |
| Operating profit (loss) | 9901 | €6,436 | €1,298 | -€5,138 | -79.8% |
| Financial income | 75/76B | €1 | €1 | = | 0.0% |
| Recurring financial income | 75 | €1 | €1 | = | 0.0% |
| Financial charges | 65/66B | €6,216 | €4,775 | -€1,441 | -23.2% |
| Recurring financial charges | 65 | €6,216 | €4,775 | -€1,441 | -23.2% |
| Profit (loss) for the period before taxes | 9903 | €221 | -€3,476 | -€3,697 | |
| Income taxes | 67/77 | €120 | €31 | -€89 | -74.2% |
| Profit (loss) for the period | 9904 | €101 | -€3,507 | -€3,608 | |
| Profit (loss) for the period to be appropriated | 9905 | €101 | -€3,507 | -€3,608 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.