SPECIALIST VEHICLES BE: what changed
SPECIALIST VEHICLES BE
Largest movements
- Cash +€33,358
up €33,358 (+116%), from €28,813 to €62,171
mainly Net result for the year (+€69,260) and Stocks and contracts (+€13,275)
- Receivables within one year +€18,709
up €18,709 (+17.1%), from €109,359 to €128,068
of which Trade receivables: +€17,890
- Stocks and contracts -€13,275
down €13,275 (-3.4%), from €388,455 to €375,180
- Reserves +€69,260
up €69,260 (+16.5%), from €419,322 to €488,582
of which Distributable reserves: +€69,260
- Tax, wage and social debts -€27,560
down €27,560 (-62.5%), from €44,085 to €16,525
of which Taxes: -€28,560
- Gross operating margin +€49,280
up €49,280 (+87.0%), from €56,619 to €105,898
- Taxes +€11,831
up €11,831 (+54.5%), from €21,705 to €33,535
- Financial income -€2,456
down €2,456 (-89.3%), from €2,751 to €295
- Financial charges -€1,953
down €1,953 (-40.5%), from €4,817 to €2,865
Change in the result, 2023 to 2024
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2023 and 2024 balance sheets and the 2024 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €527,728 | €567,591 | +€39,863 | +7.6% |
| Fixed assets | 21/28 | - | €1,030 | +€1,030 | |
| Tangible fixed assets | 22/27 | - | €1,030 | +€1,030 | |
| Furniture and vehicles | 24 | - | €1,030 | +€1,030 | |
| Current assets | 29/58 | €527,728 | €566,562 | +€38,833 | +7.4% |
| Stocks and contracts in progress | 3 | €388,455 | €375,180 | -€13,275 | -3.4% |
| Stocks | 30/36 | €388,455 | €375,180 | -€13,275 | -3.4% |
| Amounts receivable within one year | 40/41 | €109,359 | €128,068 | +€18,709 | +17.1% |
| Trade receivables | 40 | €109,359 | €127,249 | +€17,890 | +16.4% |
| Other amounts receivable | 41 | - | €819 | +€819 | |
| Cash at bank and in hand | 54/58 | €28,813 | €62,171 | +€33,358 | +116% |
| Deferred charges and accrued income | 490/1 | €1,101 | €1,143 | +€42 | +3.8% |
| Total equity and liabilities | 10/49 | €527,728 | €567,591 | +€39,863 | +7.6% |
| Equity | 10/15 | €438,058 | €507,318 | +€69,260 | +15.8% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €419,322 | €488,582 | +€69,260 | +16.5% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Other | 1319 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €417,462 | €486,722 | +€69,260 | +16.6% |
| Profit (loss) carried forward | 14 | €136 | €136 | -€0 | 0.0% |
| Amounts payable | 17/49 | €89,670 | €60,274 | -€29,397 | -32.8% |
| Amounts payable within one year | 42/48 | €89,670 | €60,274 | -€29,397 | -32.8% |
| Trade debts | 44 | €11,181 | €11,872 | +€690 | +6.2% |
| Suppliers | 440/4 | €11,181 | €11,872 | +€690 | +6.2% |
| Taxes, remuneration and social security | 45 | €44,085 | €16,525 | -€27,560 | -62.5% |
| Taxes | 450/3 | €43,085 | €14,525 | -€28,560 | -66.3% |
| Remuneration and social security | 454/9 | €1,000 | €2,000 | +€1,000 | +100% |
| Other amounts payable | 47/48 | €34,404 | €31,877 | -€2,527 | -7.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €101 | +€101 | |
| Other operating charges | 640/8 | €1,321 | €432 | -€889 | -67.3% |
| Gross operating margin | 9900 | €56,619 | €105,898 | +€49,280 | +87.0% |
| Operating profit (loss) | 9901 | €55,297 | €105,365 | +€50,068 | +90.5% |
| Financial income | 75/76B | €2,751 | €295 | -€2,456 | -89.3% |
| Recurring financial income | 75 | €2,751 | €295 | -€2,456 | -89.3% |
| Financial charges | 65/66B | €4,817 | €2,865 | -€1,953 | -40.5% |
| Recurring financial charges | 65 | €4,817 | €2,865 | -€1,953 | -40.5% |
| Profit (loss) for the period before taxes | 9903 | €53,230 | €102,795 | +€49,565 | +93.1% |
| Income taxes | 67/77 | €21,705 | €33,535 | +€11,831 | +54.5% |
| Profit (loss) for the period | 9904 | €31,526 | €69,260 | +€37,734 | +120% |
| Profit (loss) for the period to be appropriated | 9905 | €31,526 | €69,260 | +€37,734 | +120% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Green is a favourable move for that line, red an unfavourable one. Prepared on 4 November 2026 via checked.be.