SO CAR: 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.
SO CAR
Largest movements
- Receivables within one year +€60,566
up €60,566 (+485.8%), from €12,467 to €73,033
of which Trade receivables: +€60,939
- Stocks and contracts +€18,000
new in 2025: €18,000
- Cash +€4,120
up €4,120 (+5.0%), from €82,236 to €86,356
mainly Trade debts (+€85,286) and Other debts (+€761)
- Trade debts +€85,286
up €85,286 (+1108.4%), from €7,695 to €92,980
- Tax, wage and social debts -€2,903
down €2,903 (-40.3%), from €7,202 to €4,299
- Gross operating margin -€13,757
down €13,757 (-78.3%), from €17,559 to €3,803
- Other operating charges -€2,146
no longer reported in 2025 (was €2,146)
- Financial charges -€250
down €250 (-84.3%), from €296 to €46
- Taxes -€181
down €181 (-4.8%), from €3,779 to €3,598
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €94,704 | €177,860 | +€83,156 | +87.8% |
| Fixed assets | 21/28 | - | €471 | +€471 | |
| Tangible fixed assets | 22/27 | - | €471 | +€471 | |
| Furniture and vehicles | 24 | - | €471 | +€471 | |
| Current assets | 29/58 | €94,704 | €177,389 | +€82,685 | +87.3% |
| Stocks and contracts in progress | 3 | - | €18,000 | +€18,000 | |
| Stocks | 30/36 | - | €18,000 | +€18,000 | |
| Amounts receivable within one year | 40/41 | €12,467 | €73,033 | +€60,566 | +485.8% |
| Trade receivables | 40 | €10,033 | €70,972 | +€60,939 | +607.4% |
| Other amounts receivable | 41 | €2,434 | €2,060 | -€374 | -15.4% |
| Cash at bank and in hand | 54/58 | €82,236 | €86,356 | +€4,120 | +5.0% |
| Total equity and liabilities | 10/49 | €94,704 | €177,860 | +€83,156 | +87.8% |
| Equity | 10/15 | €23,651 | €23,664 | +€12 | +0.1% |
| Contributions | 10/11 | €100 | €100 | = | 0.0% |
| Profit (loss) carried forward | 14 | €23,551 | €23,564 | +€12 | +0.1% |
| Amounts payable | 17/49 | €71,052 | €154,196 | +€83,144 | +117.0% |
| Amounts payable within one year | 42/48 | €71,052 | €154,196 | +€83,144 | +117.0% |
| Trade debts | 44 | €7,695 | €92,980 | +€85,286 | +1108.4% |
| Suppliers | 440/4 | €7,695 | €92,980 | +€85,286 | +1108.4% |
| Taxes, remuneration and social security | 45 | €7,202 | €4,299 | -€2,903 | -40.3% |
| Taxes | 450/3 | €7,202 | €4,299 | -€2,903 | -40.3% |
| Other amounts payable | 47/48 | €56,156 | €56,917 | +€761 | +1.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €145 | +€145 | |
| Other operating charges | 640/8 | €2,146 | - | -€2,146 | |
| Gross operating margin | 9900 | €17,559 | €3,803 | -€13,757 | -78.3% |
| Operating profit (loss) | 9901 | €15,413 | €3,657 | -€11,756 | -76.3% |
| Financial charges | 65/66B | €296 | €46 | -€250 | -84.3% |
| Recurring financial charges | 65 | €296 | €46 | -€250 | -84.3% |
| Profit (loss) for the period before taxes | 9903 | €15,117 | €3,611 | -€11,506 | -76.1% |
| Income taxes | 67/77 | €3,779 | €3,598 | -€181 | -4.8% |
| Profit (loss) for the period | 9904 | €11,338 | €12 | -€11,325 | -99.9% |
| Profit (loss) for the period to be appropriated | 9905 | €11,338 | €12 | -€11,325 | -99.9% |
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 4 October 2026 via checked.be.