W33A: 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.
What changed
W33A
NACE 46.720, Wholesale of motor vehicle parts and accessories
financial year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€46,874
2024 · €51,179-€4,306
Equity
€624,982
2024 · €578,108+€46,874
Cash
€417
2024 · €778-€361
Balance sheet total
€1.2m
2024 · €1.3m-€84,830
Largest movements
Assets
- Receivables within one year -€50,563
down €50,563 (-12.2%), from €412,997 to €362,434
of which Other amounts receivable: -€43,054
- Tangible fixed assets -€33,222
down €33,222 (-3.7%), from €899,022 to €865,800
of which Land and buildings: -€33,222
Equity and liabilities
- Debts after one year -€76,277
down €76,277 (-16.2%), from €471,914 to €395,637
- Reserves +€46,874
up €46,874 (+9.3%), from €501,512 to €548,386
of which Distributable reserves: +€50,896
- Current portion of long-term debt -€24,196
down €24,196 (-24.1%), from €100,473 to €76,277
- Short-term financial debts -€23,248
down €23,248 (-22.3%), from €104,383 to €81,134
Income statement
- Gross operating margin -€83,217
down €83,217 (-45.7%), from €181,998 to €98,781
- Staff costs -€36,782
down €36,782 (-100.0%), from €36,782 to €0
- Financial income +€26,623
up €26,623 (+1727.6%), from €1,541 to €28,164
of which Financial income: +€23,723
- Financial charges -€6,379
down €6,379 (-26.3%), from €24,238 to €17,859
- Write-downs -€4,538
down €4,538, from €0 to -€4,538
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.
Result 2024
€51,179
Gross operating margin
-€83,217
Staff costs
+€36,782
Depreciation
-€689
Write-downs
+€4,538
Other operating charges
+€3,042
Financial income
+€26,623
Financial charges
+€6,379
Taxes
+€2,236
Result 2025
€46,874
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.
From operations
+€130,010
Investment
-€6,650
Financing
-€123,721
Cash 2024
€778
From operations (derived)
+€130,010
Net result for the year
+€46,874
Depreciation
+€39,871
Receivables within one year
+€50,563
Deferred charges and accrued income
+€683
Provisions
-€1,690
Trade debts
-€6,151
Tax, wage and social debts
+€6,621
Advances received
-€838
Other debts
-€6,495
Accrued charges and deferred income
+€571
Investment (derived)
-€6,650
Investment in fixed assets (net)
-€6,650
Financing
-€123,721
Debts after one year
-€76,277
Current portion of long-term debt
-€24,196
Short-term financial debts
-€23,248
Cash 2025
€417
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,314,196 | €1,229,367 | -€84,830 | -6.5% |
| Fixed assets | 21/28 | €899,022 | €865,800 | -€33,222 | -3.7% |
| Tangible fixed assets | 22/27 | €899,022 | €865,800 | -€33,222 | -3.7% |
| Land and buildings | 22 | €899,022 | €865,800 | -€33,222 | -3.7% |
| Plant, machinery and equipment | 23 | €0 | - | = | |
| Furniture and vehicles | 24 | €0 | - | = | |
| Financial fixed assets | 28 | €0 | - | = | |
| Current assets | 29/58 | €415,174 | €363,566 | -€51,608 | -12.4% |
| Stocks and contracts in progress | 3 | €0 | - | = | |
| Stocks | 30/36 | €0 | - | = | |
| Amounts receivable within one year | 40/41 | €412,997 | €362,434 | -€50,563 | -12.2% |
| Trade receivables | 40 | €9,141 | €1,631 | -€7,509 | -82.2% |
| Other amounts receivable | 41 | €403,857 | €360,803 | -€43,054 | -10.7% |
| Cash at bank and in hand | 54/58 | €778 | €417 | -€361 | -46.4% |
| Deferred charges and accrued income | 490/1 | €1,399 | €715 | -€683 | -48.9% |
| Total equity and liabilities | 10/49 | €1,314,196 | €1,229,367 | -€84,830 | -6.5% |
| Equity | 10/15 | €578,108 | €624,982 | +€46,874 | +8.1% |
| Contributions | 10/11 | €50,000 | €50,000 | = | 0.0% |
| Revaluation surpluses | 12 | €26,596 | €26,596 | = | 0.0% |
| Reserves | 13 | €501,512 | €548,386 | +€46,874 | +9.3% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Tax-exempt reserves | 132 | €65,290 | €61,268 | -€4,022 | -6.2% |
| Distributable reserves | 133 | €436,221 | €487,118 | +€50,896 | +11.7% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Provisions and deferred taxes | 16 | €27,425 | €25,736 | -€1,690 | -6.2% |
| Deferred taxes | 168 | €27,425 | €25,736 | -€1,690 | -6.2% |
| Amounts payable | 17/49 | €708,663 | €578,649 | -€130,014 | -18.3% |
| Amounts payable after more than one year | 17 | €471,914 | €395,637 | -€76,277 | -16.2% |
| Financial debts | 170/4 | €471,914 | €395,637 | -€76,277 | -16.2% |
| Amounts payable within one year | 42/48 | €234,380 | €180,072 | -€54,308 | -23.2% |
| Current portion of amounts payable after more than one year | 42 | €100,473 | €76,277 | -€24,196 | -24.1% |
| Financial debts | 43 | €104,383 | €81,134 | -€23,248 | -22.3% |
| Credit institutions | 430/8 | €104,383 | €81,134 | -€23,248 | -22.3% |
| Trade debts | 44 | €10,635 | €4,484 | -€6,151 | -57.8% |
| Suppliers | 440/4 | €10,635 | €4,484 | -€6,151 | -57.8% |
| Advances received on contracts in progress | 46 | €1,409 | €571 | -€838 | -59.5% |
| Taxes, remuneration and social security | 45 | €10,985 | €17,607 | +€6,621 | +60.3% |
| Taxes | 450/3 | €8,835 | €17,607 | +€8,771 | +99.3% |
| Remuneration and social security | 454/9 | €2,150 | €0 | -€2,150 | -100.0% |
| Other amounts payable | 47/48 | €6,495 | €0 | -€6,495 | -100.0% |
| Accrued charges and deferred income | 492/3 | €2,369 | €2,940 | +€571 | +24.1% |
| Non-recurring operating income | 76A | €15,000 | €0 | -€15,000 | -100.0% |
| Remuneration, social security and pensions | 62 | €36,782 | €0 | -€36,782 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €39,183 | €39,871 | +€689 | +1.8% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €0 | -€4,538 | -€4,538 | |
| Other operating charges | 640/8 | €11,537 | €8,495 | -€3,042 | -26.4% |
| Gross operating margin | 9900 | €181,998 | €98,781 | -€83,217 | -45.7% |
| Operating profit (loss) | 9901 | €94,497 | €54,953 | -€39,543 | -41.8% |
| Financial income | 75/76B | €1,541 | €28,164 | +€26,623 | +1727.6% |
| Recurring financial income | 75 | €1,541 | €25,264 | +€23,723 | +1539.5% |
| Non-recurring financial income | 76B | €0 | €2,900 | +€2,900 | |
| Financial charges | 65/66B | €24,238 | €17,859 | -€6,379 | -26.3% |
| Recurring financial charges | 65 | €24,238 | €17,859 | -€6,379 | -26.3% |
| Profit (loss) for the period before taxes | 9903 | €71,799 | €65,258 | -€6,541 | -9.1% |
| Transfer from deferred taxes | 780 | €1,690 | €1,690 | = | 0.0% |
| Income taxes | 67/77 | €22,310 | €20,074 | -€2,236 | -10.0% |
| Profit (loss) for the period | 9904 | €51,179 | €46,874 | -€4,306 | -8.4% |
| Transfer from tax-exempt reserves | 789 | €4,022 | €4,022 | -€0 | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €55,202 | €50,896 | -€4,306 | -7.8% |
Source: filed annual accounts (NBB), financial years ended 31 May 2024 and 31 May 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 10 October 2026 via checked.be.