U.S. 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.
U.S. CAR
Largest movements
- Cash -€14,424
down €14,424 (-96.9%), from €14,878 to €454
mainly Other debts (-€30,326) and Current portion of long-term debt (-€6,000)
- Tangible fixed assets -€7,757
down €7,757 (-3.5%), from €224,285 to €216,528
- Other debts -€30,326
down €30,326 (-41.1%), from €73,834 to €43,508
- Profit (loss) carried forward +€17,068
up €17,068 (+80.2%), from €21,273 to €38,341
- Current portion of long-term debt -€6,000
down €6,000 (-16.3%), from €36,899 to €30,899
- Tax, wage and social debts -€3,221
down €3,221 (-40.9%), from €7,872 to €4,651
- Other operating charges +€7,727
up €7,727 (+37.5%), from €20,632 to €28,359
- Turnover -€4,115
down €4,115 (-7.1%), from €57,767 to €53,652
- Gross operating margin -€4,115
down €4,115 (-7.1%), from €57,767 to €53,652
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 | €239,640 | €217,459 | -€22,181 | -9.3% |
| Fixed assets | 21/28 | €224,762 | €217,005 | -€7,757 | -3.5% |
| Tangible fixed assets | 22/27 | €224,285 | €216,528 | -€7,757 | -3.5% |
| Land and buildings | 22 | €224,285 | €216,528 | -€7,757 | -3.5% |
| Financial fixed assets | 28 | €477 | €477 | = | 0.0% |
| Current assets | 29/58 | €14,878 | €454 | -€14,424 | -96.9% |
| Cash at bank and in hand | 54/58 | €14,878 | €454 | -€14,424 | -96.9% |
| Total equity and liabilities | 10/49 | €239,640 | €217,459 | -€22,181 | -9.3% |
| Equity | 10/15 | €114,233 | €131,301 | +€17,068 | +14.9% |
| Contributions | 10/11 | €92,960 | €92,960 | = | 0.0% |
| Capital | 10 | €92,960 | €92,960 | = | 0.0% |
| Issued capital | 100 | €92,960 | €92,960 | = | 0.0% |
| Profit (loss) carried forward | 14 | €21,273 | €38,341 | +€17,068 | +80.2% |
| Amounts payable | 17/49 | €125,407 | €86,158 | -€39,249 | -31.3% |
| Amounts payable within one year | 42/48 | €125,407 | €86,158 | -€39,249 | -31.3% |
| Current portion of amounts payable after more than one year | 42 | €36,899 | €30,899 | -€6,000 | -16.3% |
| Financial debts | 43 | €6,000 | €6,000 | = | 0.0% |
| Credit institutions | 430/8 | €6,000 | €6,000 | = | 0.0% |
| Trade debts | 44 | €802 | €1,100 | +€298 | +37.1% |
| Suppliers | 440/4 | €802 | €1,100 | +€298 | +37.1% |
| Taxes, remuneration and social security | 45 | €7,872 | €4,651 | -€3,221 | -40.9% |
| Taxes | 450/3 | €7,872 | €4,651 | -€3,221 | -40.9% |
| Other amounts payable | 47/48 | €73,834 | €43,508 | -€30,326 | -41.1% |
| Turnover | 70 | €57,767 | €53,652 | -€4,115 | -7.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,757 | €7,757 | = | 0.0% |
| Other operating charges | 640/8 | €20,632 | €28,359 | +€7,727 | +37.5% |
| Gross operating margin | 9900 | €57,767 | €53,652 | -€4,115 | -7.1% |
| Operating profit (loss) | 9901 | €29,378 | €17,536 | -€11,842 | -40.3% |
| Financial charges | 65/66B | €490 | €467 | -€23 | -4.6% |
| Recurring financial charges | 65 | €490 | €467 | -€23 | -4.6% |
| Non-recurring financial charges | 66B | €490 | €467 | -€23 | -4.6% |
| Profit (loss) for the period before taxes | 9903 | €28,888 | €17,068 | -€11,820 | -40.9% |
| Profit (loss) for the period | 9904 | €28,888 | €17,068 | -€11,820 | -40.9% |
| Profit (loss) for the period to be appropriated | 9905 | €28,888 | €17,068 | -€11,820 | -40.9% |
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 26 October 2026 via checked.be.