SPECIAL CAR CONCEPT: 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.
SPECIAL CAR CONCEPT
Largest movements
- Stocks and contracts -€64,000
down €64,000 (-59.7%), from €107,211 to €43,211
of which Stocks: -€64,000
- Receivables within one year +€46,408
up €46,408 (+297%), from €15,609 to €62,016
of which Trade receivables: +€50,314
- Cash -€16,952
down €16,952 (-100%), from €16,952 to €0
mainly Receivables within one year (-€46,408) and Debts after one year (-€22,291)
- Tangible fixed assets -€8,262
down €8,262 (-19.4%), from €42,479 to €34,217
of which Furniture and vehicles: -€4,955
- Debts after one year -€22,291
down €22,291 (-43.8%), from €50,925 to €28,634
- Profit (loss) carried forward -€20,673
down €20,673 (-28.1%), from -€73,452 to -€94,125
- Current portion of long-term debt -€8,431
down €8,431 (-67.2%), from €12,546 to €4,115
- Other debts +€7,688
up €7,688 (+158%), from €4,852 to €12,540
- Tax, wage and social debts +€1,997
up €1,997 (+54.0%), from €3,697 to €5,693
of which Taxes: +€1,982
- Gross operating margin +€39,536
up €39,536, from -€19,491 to €20,045
- Financial charges +€6,643
up €6,643 (+48.7%), from €13,643 to €20,286
of which Financial charges: +€6,643
- Depreciation -€4,737
down €4,737 (-20.7%), from €22,855 to €18,118
- Other operating charges -€748
down €748 (-24.0%), from €3,121 to €2,373
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 | €187,498 | €145,215 | -€42,283 | -22.6% |
| Fixed assets | 21/28 | €43,979 | €35,717 | -€8,262 | -18.8% |
| Tangible fixed assets | 22/27 | €42,479 | €34,217 | -€8,262 | -19.4% |
| Plant, machinery and equipment | 23 | €2,933 | €1,044 | -€1,889 | -64.4% |
| Furniture and vehicles | 24 | €30,492 | €25,537 | -€4,955 | -16.2% |
| Other tangible fixed assets | 26 | €9,054 | €7,636 | -€1,418 | -15.7% |
| Financial fixed assets | 28 | €1,500 | €1,500 | = | 0.0% |
| Current assets | 29/58 | €143,520 | €109,499 | -€34,021 | -23.7% |
| Stocks and contracts in progress | 3 | €107,211 | €43,211 | -€64,000 | -59.7% |
| Stocks | 30/36 | €98,711 | €34,711 | -€64,000 | -64.8% |
| Contracts in progress | 37 | €8,500 | €8,500 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €15,609 | €62,016 | +€46,408 | +297% |
| Trade receivables | 40 | €11,702 | €62,016 | +€50,314 | +430% |
| Other amounts receivable | 41 | €3,906 | €0 | -€3,906 | -100% |
| Cash at bank and in hand | 54/58 | €16,952 | €0 | -€16,952 | -100% |
| Deferred charges and accrued income | 490/1 | €3,748 | €4,272 | +€523 | +14.0% |
| Total equity and liabilities | 10/49 | €187,498 | €145,215 | -€42,283 | -22.6% |
| Equity | 10/15 | -€41,545 | -€62,218 | -€20,673 | -49.8% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Reserves | 13 | €21,906 | €21,906 | = | 0.0% |
| Distributable reserves | 133 | €21,906 | €21,906 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€73,452 | -€94,125 | -€20,673 | -28.1% |
| Amounts payable | 17/49 | €229,044 | €207,434 | -€21,610 | -9.4% |
| Amounts payable after more than one year | 17 | €50,925 | €28,634 | -€22,291 | -43.8% |
| Financial debts | 170/4 | €50,925 | €28,634 | -€22,291 | -43.8% |
| Amounts payable within one year | 42/48 | €177,856 | €178,644 | +€788 | +0.4% |
| Current portion of amounts payable after more than one year | 42 | €12,546 | €4,115 | -€8,431 | -67.2% |
| Financial debts | 43 | €150,030 | €150,786 | +€756 | +0.5% |
| Credit institutions | 430/8 | €150,030 | €150,786 | +€756 | +0.5% |
| Trade debts | 44 | €6,731 | €5,509 | -€1,222 | -18.2% |
| Suppliers | 440/4 | €6,731 | €5,509 | -€1,222 | -18.2% |
| Taxes, remuneration and social security | 45 | €3,697 | €5,693 | +€1,997 | +54.0% |
| Taxes | 450/3 | €1,410 | €3,392 | +€1,982 | +141% |
| Remuneration and social security | 454/9 | €2,287 | €2,301 | +€14 | +0.6% |
| Other amounts payable | 47/48 | €4,852 | €12,540 | +€7,688 | +158% |
| Accrued charges and deferred income | 492/3 | €263 | €155 | -€108 | -41.0% |
| Non-recurring operating income | 76A | €1,844 | €0 | -€1,844 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €22,855 | €18,118 | -€4,737 | -20.7% |
| Other operating charges | 640/8 | €3,121 | €2,373 | -€748 | -24.0% |
| Gross operating margin | 9900 | -€19,491 | €20,045 | +€39,536 | |
| Operating profit (loss) | 9901 | -€45,467 | -€446 | +€45,021 | +99.0% |
| Financial income | 75/76B | €10 | €58 | +€48 | +483% |
| Recurring financial income | 75 | €10 | €58 | +€48 | +483% |
| Financial charges | 65/66B | €13,643 | €20,286 | +€6,643 | +48.7% |
| Recurring financial charges | 65 | €13,643 | €20,286 | +€6,643 | +48.7% |
| Non-recurring financial charges | 66B | €0 | - | = | |
| Profit (loss) for the period before taxes | 9903 | -€59,099 | -€20,673 | +€38,426 | +65.0% |
| Profit (loss) for the period | 9904 | -€59,099 | -€20,673 | +€38,426 | +65.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€59,099 | -€20,673 | +€38,426 | +65.0% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 26 October 2026 via checked.be.