TURBO CAR: what changed
TURBO CAR
Largest movements
- Receivables within one year -€35,218
no longer reported in 2024 (was €35,218)
- Stocks and contracts +€33,257
up €33,257 (+149%), from €22,395 to €55,652
- Cash +€15,409
up €15,409 (+22,446%), from €69 to €15,478
mainly Other debts (+€38,991) and Receivables within one year (+€35,218)
- Tangible fixed assets +€3,092
up €3,092 (+77.3%), from €4,000 to €7,092
- Other debts +€38,991
up €38,991 (+308%), from €12,661 to €51,652
- Trade debts -€23,802
down €23,802 (-71.1%), from €33,481 to €9,679
- Tax, wage and social debts +€8,331
up €8,331 (+180,321%), from €5 to €8,335
- Profit (loss) carried forward -€6,979
down €6,979 (-48.2%), from -€14,465 to -€21,444
- Gross operating margin +€5,847
up €5,847 (+47.4%), from -€12,337 to -€6,490
- Depreciation -€1,177
no longer reported in 2024 (was €1,177)
- Other operating charges -€489
down €489 (-56.4%), from €868 to €379
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 | €61,681 | €78,222 | +€16,541 | +26.8% |
| Fixed assets | 21/28 | €4,000 | €7,092 | +€3,092 | +77.3% |
| Tangible fixed assets | 22/27 | €4,000 | €7,092 | +€3,092 | +77.3% |
| Furniture and vehicles | 24 | €4,000 | €7,092 | +€3,092 | +77.3% |
| Current assets | 29/58 | €57,681 | €71,130 | +€13,448 | +23.3% |
| Stocks and contracts in progress | 3 | €22,395 | €55,652 | +€33,257 | +149% |
| Stocks | 30/36 | €22,395 | €55,652 | +€33,257 | +149% |
| Amounts receivable within one year | 40/41 | €35,218 | - | -€35,218 | |
| Trade receivables | 40 | €35,218 | - | -€35,218 | |
| Cash at bank and in hand | 54/58 | €69 | €15,478 | +€15,409 | +22,446% |
| Total equity and liabilities | 10/49 | €61,681 | €78,222 | +€16,541 | +26.8% |
| Equity | 10/15 | €15,535 | €8,556 | -€6,979 | -44.9% |
| Contributions | 10/11 | €30,000 | €30,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€14,465 | -€21,444 | -€6,979 | -48.2% |
| Amounts payable | 17/49 | €46,147 | €69,667 | +€23,520 | +51.0% |
| Amounts payable within one year | 42/48 | €46,147 | €69,667 | +€23,520 | +51.0% |
| Trade debts | 44 | €33,481 | €9,679 | -€23,802 | -71.1% |
| Suppliers | 440/4 | €33,481 | €9,679 | -€23,802 | -71.1% |
| Taxes, remuneration and social security | 45 | €5 | €8,335 | +€8,331 | +180,321% |
| Taxes | 450/3 | €5 | €8,335 | +€8,331 | +180,321% |
| Other amounts payable | 47/48 | €12,661 | €51,652 | +€38,991 | +308% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,177 | - | -€1,177 | |
| Other operating charges | 640/8 | €868 | €379 | -€489 | -56.4% |
| Gross operating margin | 9900 | -€12,337 | -€6,490 | +€5,847 | +47.4% |
| Operating profit (loss) | 9901 | -€14,382 | -€6,869 | +€7,513 | +52.2% |
| Financial charges | 65/66B | €83 | €110 | +€27 | +32.8% |
| Recurring financial charges | 65 | €83 | €110 | +€27 | +32.8% |
| Profit (loss) for the period before taxes | 9903 | -€14,465 | -€6,979 | +€7,486 | +51.8% |
| Profit (loss) for the period | 9904 | -€14,465 | -€6,979 | +€7,486 | +51.8% |
| Profit (loss) for the period to be appropriated | 9905 | -€14,465 | -€6,979 | +€7,486 | +51.8% |
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 7 November 2026 via checked.be.