SECOND LIFE CAR: 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.
SECOND LIFE CAR
Largest movements
- Receivables within one year -€46,517
down €46,517 (-59.0%), from €78,835 to €32,318
of which Other amounts receivable: -€45,491
- Stocks and contracts -€29,106
down €29,106 (-36.1%), from €80,520 to €51,413
- Tangible fixed assets +€28,250
up €28,250 (+133%), from €21,169 to €49,419
of which Furniture and vehicles: +€20,436
- Cash +€19,376
up €19,376 (+16.2%), from €119,240 to €138,616
mainly Receivables within one year (+€46,517) and Stocks and contracts (+€29,106)
- Profit (loss) carried forward -€45,799
down €45,799 (-36.9%), from €124,194 to €78,394
- Other debts -€44,652
down €44,652 (-48.0%), from €93,000 to €48,348
- Reserves +€26,806
up €26,806 (+111%), from €24,118 to €50,924
of which Distributable reserves: +€26,806
- Trade debts +€20,869
up €20,869 (+106%), from €19,658 to €40,526
- Tax, wage and social debts +€13,258
up €13,258 (+52.8%), from €25,101 to €38,359
of which Taxes: +€10,542
- Gross operating margin -€28,135
down €28,135 (-16.1%), from €174,941 to €146,807
- Taxes +€15,499
up €15,499 (+53.0%), from €29,223 to €44,722
- Staff costs +€5,779
up €5,779 (+10.0%), from €57,786 to €63,565
- Depreciation +€3,174
up €3,174 (+69.3%), from €4,582 to €7,756
- Other operating charges +€2,383
up €2,383 (+175%), from €1,362 to €3,745
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 | €306,214 | €277,896 | -€28,317 | -9.2% |
| Fixed assets | 21/28 | €21,276 | €49,526 | +€28,250 | +133% |
| Tangible fixed assets | 22/27 | €21,169 | €49,419 | +€28,250 | +133% |
| Plant, machinery and equipment | 23 | €15,885 | €23,827 | +€7,942 | +50.0% |
| Furniture and vehicles | 24 | €5,092 | €25,528 | +€20,436 | +401% |
| Other tangible fixed assets | 26 | €192 | €64 | -€128 | -66.7% |
| Financial fixed assets | 28 | €107 | €107 | = | 0.0% |
| Current assets | 29/58 | €284,938 | €228,370 | -€56,567 | -19.9% |
| Stocks and contracts in progress | 3 | €80,520 | €51,413 | -€29,106 | -36.1% |
| Stocks | 30/36 | €80,520 | €51,413 | -€29,106 | -36.1% |
| Amounts receivable within one year | 40/41 | €78,835 | €32,318 | -€46,517 | -59.0% |
| Trade receivables | 40 | €12,454 | €11,428 | -€1,026 | -8.2% |
| Other amounts receivable | 41 | €66,381 | €20,890 | -€45,491 | -68.5% |
| Cash at bank and in hand | 54/58 | €119,240 | €138,616 | +€19,376 | +16.2% |
| Deferred charges and accrued income | 490/1 | €6,343 | €6,024 | -€320 | -5.0% |
| Total equity and liabilities | 10/49 | €306,214 | €277,896 | -€28,317 | -9.2% |
| Equity | 10/15 | €166,912 | €147,918 | -€18,993 | -11.4% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €24,118 | €50,924 | +€26,806 | +111% |
| Tax-exempt reserves | 132 | €22,258 | €22,258 | = | 0.0% |
| Distributable reserves | 133 | €1,860 | €28,666 | +€26,806 | +1,441% |
| Profit (loss) carried forward | 14 | €124,194 | €78,394 | -€45,799 | -36.9% |
| Amounts payable | 17/49 | €139,302 | €129,978 | -€9,324 | -6.7% |
| Amounts payable within one year | 42/48 | €139,302 | €129,364 | -€9,938 | -7.1% |
| Financial debts | 43 | €1,543 | €2,130 | +€587 | +38.1% |
| Credit institutions | 430/8 | €1,543 | €2,130 | +€587 | +38.1% |
| Trade debts | 44 | €19,658 | €40,526 | +€20,869 | +106% |
| Suppliers | 440/4 | €19,658 | €40,526 | +€20,869 | +106% |
| Taxes, remuneration and social security | 45 | €25,101 | €38,359 | +€13,258 | +52.8% |
| Taxes | 450/3 | €19,178 | €29,720 | +€10,542 | +55.0% |
| Remuneration and social security | 454/9 | €5,923 | €8,639 | +€2,716 | +45.9% |
| Other amounts payable | 47/48 | €93,000 | €48,348 | -€44,652 | -48.0% |
| Accrued charges and deferred income | 492/3 | - | €614 | +€614 | |
| Remuneration, social security and pensions | 62 | €57,786 | €63,565 | +€5,779 | +10.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,582 | €7,756 | +€3,174 | +69.3% |
| Other operating charges | 640/8 | €1,362 | €3,745 | +€2,383 | +175% |
| Non-recurring operating charges | 66A | €1,157 | - | -€1,157 | |
| Gross operating margin | 9900 | €174,941 | €146,807 | -€28,135 | -16.1% |
| Operating profit (loss) | 9901 | €110,055 | €71,741 | -€38,314 | -34.8% |
| Financial income | 75/76B | €26 | €102 | +€76 | +286% |
| Recurring financial income | 75 | €26 | €102 | +€76 | +286% |
| Financial charges | 65/66B | €881 | €314 | -€567 | -64.4% |
| Recurring financial charges | 65 | €881 | €314 | -€567 | -64.4% |
| Profit (loss) for the period before taxes | 9903 | €109,200 | €71,529 | -€37,671 | -34.5% |
| Income taxes | 67/77 | €29,223 | €44,722 | +€15,499 | +53.0% |
| Profit (loss) for the period | 9904 | €79,977 | €26,807 | -€53,171 | -66.5% |
| Profit (loss) for the period to be appropriated | 9905 | €79,977 | €26,807 | -€53,171 | -66.5% |
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 29 October 2026 via checked.be.