EMOCAR: 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
EMOCAR
NACE 47.811, Retail sale of cars and light vans (up to 3.5 tonnes)
financial year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€978,123
2024 · -€122,658+€1.1m
Equity
€2.4m
2024 · €1.6m+€878,123
Cash
€11,903
2024 · €57,579-€45,676
Balance sheet total
€17.9m
2024 · €15.9m+€2.0m
Largest movements
Assets
- Stocks and contracts +€2.1m
up €2.1m (+18.6%), from €11.5m to €13.6m
of which Stocks: +€2.1m
- Receivables within one year -€630,128
down €630,128 (-22.6%), from €2.8m to €2.2m
of which Trade receivables: -€455,975
- Tangible fixed assets +€426,409
up €426,409 (+32.2%), from €1.3m to €1.8m
of which Other tangible fixed assets: +€513,279
Equity and liabilities
- Other debts +€2.8m
up €2.8m (+431.2%), from €659,259 to €3.5m
- Trade debts -€1.1m
down €1.1m (-9.7%), from €11.6m to €10.5m
- Profit (loss) carried forward +€493,345
up €493,345, from -€81,716 to €411,629
- Provisions -€477,103
down €477,103 (-99.2%), from €480,860 to €3,757
- Reserves +€384,778
up €384,778 (+52.1%), from €738,129 to €1.1m
of which Tax-exempt reserves: +€357,850
Income statement
- Turnover +€16.6m
up €16.6m (+33.6%), from €49.5m to €66.2m
- Goods and materials +€15.4m
up €15.4m (+34.8%), from €44.2m to €59.6m
of which Purchases: +€11.0m
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
-€122,658
Turnover
+€16.6m
Other operating income
+€12,357
Goods and materials
-€15.4m
Services and other goods
-€24,631
Staff costs
-€386,041
Depreciation
-€41,974
Write-downs
-€115,835
Provisions
-€16,789
Other operating charges
-€28,222
Other operating items
+€592,602
Financial income
+€5,227
Financial charges
-€121,328
Taxes
-€32,865
Result 2025
€978,123
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
+€845,347
Investment
-€679,023
Financing
-€212,000
Cash 2024
€57,579
From operations (derived)
+€845,347
Net result for the year
+€978,123
Depreciation
+€272,991
Stocks and contracts
-€2.1m
Receivables within one year
+€630,128
Deferred charges and accrued income
-€152,288
Provisions
-€477,103
Trade debts
-€1.1m
Tax, wage and social debts
+€32,179
Advances received
-€52,303
Other debts
+€2.8m
Accrued charges and deferred income
+€32,072
Investment (derived)
-€679,023
Investment in fixed assets (net)
-€679,023
Financing
-€212,000
Short-term financial debts
-€112,000
Contributions, distributions and other
-€100,000
Cash 2025
€11,903
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €15,908,188 | €17,922,911 | +€2.0m | +12.7% |
| Fixed assets | 21/28 | €1,523,175 | €1,929,207 | +€406,032 | +26.7% |
| Intangible fixed assets | 21 | €195,000 | €175,000 | -€20,000 | -10.3% |
| Tangible fixed assets | 22/27 | €1,325,999 | €1,752,408 | +€426,409 | +32.2% |
| Land and buildings | 22 | €1,239 | €0 | -€1,239 | -100.0% |
| Plant, machinery and equipment | 23 | €82,125 | €88,300 | +€6,175 | +7.5% |
| Furniture and vehicles | 24 | €949,334 | €857,528 | -€91,806 | -9.7% |
| Other tangible fixed assets | 26 | €293,301 | €806,580 | +€513,279 | +175.0% |
| Financial fixed assets | 28 | €2,175 | €1,798 | -€377 | -17.3% |
| Other financial fixed assets | 284/8 | €2,175 | €1,798 | -€377 | -17.3% |
| Amounts receivable and cash guarantees | 285/8 | €2,175 | €1,798 | -€377 | -17.3% |
| Current assets | 29/58 | €14,385,013 | €15,993,704 | +€1.6m | +11.2% |
| Stocks and contracts in progress | 3 | €11,460,717 | €13,592,925 | +€2.1m | +18.6% |
| Stocks | 30/36 | €11,427,488 | €13,497,402 | +€2.1m | +18.1% |
| Goods purchased for resale | 34 | €11,427,488 | €13,497,402 | +€2.1m | +18.1% |
| Contracts in progress | 37 | €33,229 | €95,522 | +€62,293 | +187.5% |
| Amounts receivable within one year | 40/41 | €2,789,103 | €2,158,975 | -€630,128 | -22.6% |
| Trade receivables | 40 | €1,588,220 | €1,132,245 | -€455,975 | -28.7% |
| Other amounts receivable | 41 | €1,200,883 | €1,026,730 | -€174,153 | -14.5% |
| Cash at bank and in hand | 54/58 | €57,579 | €11,903 | -€45,676 | -79.3% |
| Deferred charges and accrued income | 490/1 | €77,614 | €229,902 | +€152,288 | +196.2% |
| Total equity and liabilities | 10/49 | €15,908,188 | €17,922,911 | +€2.0m | +12.7% |
| Equity | 10/15 | €1,563,413 | €2,441,536 | +€878,123 | +56.2% |
| Contributions | 10/11 | €907,000 | €907,000 | = | 0.0% |
| Capital | 10 | €907,000 | €907,000 | = | 0.0% |
| Issued capital | 100 | €907,000 | €907,000 | = | 0.0% |
| Reserves | 13 | €738,129 | €1,122,907 | +€384,778 | +52.1% |
| Non-distributable reserves | 130/1 | €45,452 | €72,380 | +€26,928 | +59.2% |
| Legal reserve | 130 | €45,452 | €72,380 | +€26,928 | +59.2% |
| Tax-exempt reserves | 132 | €664,784 | €1,022,634 | +€357,850 | +53.8% |
| Distributable reserves | 133 | €27,894 | €27,894 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€81,716 | €411,629 | +€493,345 | |
| Provisions and deferred taxes | 16 | €480,860 | €3,757 | -€477,103 | -99.2% |
| Provisions for liabilities and charges | 160/5 | €480,860 | €3,757 | -€477,103 | -99.2% |
| Other liabilities and charges | 164/5 | €480,860 | €3,757 | -€477,103 | -99.2% |
| Amounts payable | 17/49 | €13,863,915 | €15,477,618 | +€1.6m | +11.6% |
| Amounts payable after more than one year | 17 | €1,000,000 | €1,000,000 | = | 0.0% |
| Other amounts payable | 178/9 | €1,000,000 | €1,000,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €12,863,915 | €14,445,545 | +€1.6m | +12.3% |
| Current portion of amounts payable after more than one year | 42 | €0 | - | = | |
| Financial debts | 43 | €112,000 | €0 | -€112,000 | -100.0% |
| Credit institutions | 430/8 | €112,000 | €0 | -€112,000 | -100.0% |
| Trade debts | 44 | €11,648,952 | €10,519,936 | -€1.1m | -9.7% |
| Suppliers | 440/4 | €11,648,952 | €10,519,936 | -€1.1m | -9.7% |
| Advances received on contracts in progress | 46 | €196,093 | €143,790 | -€52,303 | -26.7% |
| Taxes, remuneration and social security | 45 | €247,610 | €279,790 | +€32,179 | +13.0% |
| Taxes | 450/3 | €0 | - | = | |
| Remuneration and social security | 454/9 | €247,610 | €279,790 | +€32,179 | +13.0% |
| Other amounts payable | 47/48 | €659,259 | €3,502,029 | +€2.8m | +431.2% |
| Accrued charges and deferred income | 492/3 | €0 | €32,072 | +€32,072 | |
| Operating income | 70/76A | €49,761,156 | €66,488,198 | +€16.7m | +33.6% |
| Turnover | 70 | €49,545,383 | €66,191,440 | +€16.6m | +33.6% |
| Change in stocks of work in progress, finished goods and contracts in progress | 71 | -€6,335 | €62,293 | +€68,628 | |
| Other operating income | 74 | €222,108 | €234,465 | +€12,357 | +5.6% |
| Operating charges | 60/66A | €49,671,453 | €65,148,749 | +€15.5m | +31.2% |
| Goods for resale, raw materials and consumables | 60 | €44,239,384 | €59,627,161 | +€15.4m | +34.8% |
| Purchases | 600/8 | €50,759,219 | €61,789,863 | +€11.0m | +21.7% |
| Change in stocks: decrease (increase) | 609 | -€6,519,835 | -€2,162,702 | +€4.4m | +66.8% |
| Services and other goods | 61 | €2,084,074 | €2,108,705 | +€24,631 | +1.2% |
| Remuneration, social security and pensions | 62 | €2,582,470 | €2,968,511 | +€386,041 | +14.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €231,017 | €272,991 | +€41,974 | +18.2% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€19,670 | €96,165 | +€115,835 | |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | -€24,732 | -€7,943 | +€16,789 | +67.9% |
| Other operating charges | 640/8 | €109,751 | €137,972 | +€28,222 | +25.7% |
| Non-recurring operating charges | 66A | €469,160 | -€54,814 | -€523,974 | |
| Operating profit (loss) | 9901 | €89,702 | €1,339,449 | +€1.2m | +1393.2% |
| Financial income | 75/76B | €4,423 | €9,649 | +€5,227 | +118.2% |
| Recurring financial income | 75 | €4,423 | €9,649 | +€5,227 | +118.2% |
| Income from current assets | 751 | €2,623 | €4,438 | +€1,815 | +69.2% |
| Other financial income | 752/9 | €1,800 | €5,212 | +€3,411 | +189.5% |
| Financial charges | 65/66B | €96,358 | €217,686 | +€121,328 | +125.9% |
| Recurring financial charges | 65 | €96,358 | €217,686 | +€121,328 | +125.9% |
| Debt charges | 650 | €94,069 | €216,048 | +€121,979 | +129.7% |
| Other financial charges | 652/9 | €2,289 | €1,638 | -€651 | -28.5% |
| Profit (loss) for the period before taxes | 9903 | -€2,233 | €1,131,413 | +€1.1m | |
| Income taxes | 67/77 | €120,425 | €153,290 | +€32,865 | +27.3% |
| Taxes | 670/3 | €128,569 | €153,290 | +€24,721 | +19.2% |
| Tax adjustments and reversals of tax provisions | 77 | €8,144 | €0 | -€8,144 | -100.0% |
| Profit (loss) for the period | 9904 | -€122,658 | €978,123 | +€1.1m | |
| Transfer to tax-exempt reserves | 689 | €145,245 | €357,850 | +€212,605 | +146.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€267,903 | €620,273 | +€888,176 |
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 12 October 2026 via checked.be.