AUTOMATIC BELGIUM: what changed
Two fiscal 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.
AUTOMATIC BELGIUM
Largest movements
- Cash +€312,550
up €312,550 (+54.7%), from €571,770 to €884,320
mainly Net result for the year (+€453,815) and Depreciation (+€226,533)
- Tangible fixed assets -€184,830
down €184,830 (-10.0%), from €1.8m to €1.7m
of which Plant, machinery and equipment: -€146,040
- Receivables within one year -€176,531
down €176,531 (-35.5%), from €497,003 to €320,472
of which Other amounts receivable: -€176,395
- Reserves +€419,780
up €419,780 (+31.3%), from €1.3m to €1.8m
of which Distributable reserves: +€419,780
- Debts after one year -€277,913
down €277,913 (-47.5%), from €585,127 to €307,214
- Accrued charges and deferred income -€253,708
down €253,708 (-78.8%), from €322,025 to €68,317
- Trade debts +€57,592
up €57,592 (+5.8%), from €999,007 to €1.1m
- Gross operating margin +€218,277
up €218,277 (+23.2%), from €941,168 to €1.2m
- Taxes +€83,267
up €83,267 (+66.1%), from €126,022 to €209,289
- Depreciation -€35,819
down €35,819 (-13.7%), from €262,352 to €226,533
- Financial charges +€21,772
up €21,772 (+9.2%), from €237,588 to €259,359
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €4,037,908 | €3,993,511 | -€44,397 | -1.1% |
| Fixed assets | 21/28 | €2,796,698 | €2,611,867 | -€184,830 | -6.6% |
| Tangible fixed assets | 22/27 | €1,844,448 | €1,659,617 | -€184,830 | -10.0% |
| Land and buildings | 22 | €1,268,156 | €1,247,938 | -€20,219 | -1.6% |
| Plant, machinery and equipment | 23 | €457,285 | €311,245 | -€146,040 | -31.9% |
| Furniture and vehicles | 24 | €57,178 | €50,739 | -€6,438 | -11.3% |
| Leasing and similar rights | 25 | €49,829 | €37,695 | -€12,134 | -24.4% |
| Other tangible fixed assets | 26 | €12,000 | €12,000 | = | 0.0% |
| Financial fixed assets | 28 | €952,250 | €952,250 | = | 0.0% |
| Current assets | 29/58 | €1,241,211 | €1,381,644 | +€140,433 | +11.3% |
| Stocks and contracts in progress | 3 | €159,603 | €158,920 | -€683 | -0.4% |
| Stocks | 30/36 | €159,603 | €158,920 | -€683 | -0.4% |
| Amounts receivable within one year | 40/41 | €497,003 | €320,472 | -€176,531 | -35.5% |
| Trade receivables | 40 | €170,335 | €170,198 | -€136 | -0.1% |
| Other amounts receivable | 41 | €326,669 | €150,274 | -€176,395 | -54.0% |
| Cash at bank and in hand | 54/58 | €571,770 | €884,320 | +€312,550 | +54.7% |
| Deferred charges and accrued income | 490/1 | €12,834 | €17,931 | +€5,098 | +39.7% |
| Total equity and liabilities | 10/49 | €4,037,908 | €3,993,511 | -€44,397 | -1.1% |
| Equity | 10/15 | €1,359,818 | €1,779,598 | +€419,780 | +30.9% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €1,341,226 | €1,761,006 | +€419,780 | +31.3% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €1,341,226 | €1,761,006 | +€419,780 | +31.3% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €2,678,090 | €2,213,913 | -€464,177 | -17.3% |
| Amounts payable after more than one year | 17 | €585,127 | €307,214 | -€277,913 | -47.5% |
| Financial debts | 170/4 | €585,127 | €307,214 | -€277,913 | -47.5% |
| Amounts payable within one year | 42/48 | €1,770,938 | €1,838,382 | +€67,444 | +3.8% |
| Current portion of amounts payable after more than one year | 42 | €277,836 | €277,913 | +€77 | 0.0% |
| Trade debts | 44 | €999,007 | €1,056,599 | +€57,592 | +5.8% |
| Suppliers | 440/4 | €999,007 | €1,056,599 | +€57,592 | +5.8% |
| Taxes, remuneration and social security | 45 | €68,730 | €92,559 | +€23,829 | +34.7% |
| Taxes | 450/3 | €65,730 | €89,289 | +€23,559 | +35.8% |
| Remuneration and social security | 454/9 | €3,000 | €3,270 | +€270 | +9.0% |
| Other amounts payable | 47/48 | €425,365 | €411,311 | -€14,054 | -3.3% |
| Accrued charges and deferred income | 492/3 | €322,025 | €68,317 | -€253,708 | -78.8% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €262,352 | €226,533 | -€35,819 | -13.7% |
| Other operating charges | 640/8 | €20,736 | €10,471 | -€10,265 | -49.5% |
| Gross operating margin | 9900 | €941,168 | €1,159,445 | +€218,277 | +23.2% |
| Operating profit (loss) | 9901 | €658,080 | €922,441 | +€264,361 | +40.2% |
| Financial income | 75/76B | €28 | €22 | -€6 | -20.9% |
| Recurring financial income | 75 | €28 | €22 | -€6 | -20.9% |
| Financial charges | 65/66B | €237,588 | €259,359 | +€21,772 | +9.2% |
| Recurring financial charges | 65 | €237,588 | €259,359 | +€21,772 | +9.2% |
| Profit (loss) for the period before taxes | 9903 | €420,520 | €663,104 | +€242,583 | +57.7% |
| Income taxes | 67/77 | €126,022 | €209,289 | +€83,267 | +66.1% |
| Profit (loss) for the period | 9904 | €294,498 | €453,815 | +€159,317 | +54.1% |
| Profit (loss) for the period to be appropriated | 9905 | €294,498 | €453,815 | +€159,317 | +54.1% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.