EMOCARS: 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.
EMOCARS
Largest movements
- Stocks and contracts +€47,650
up €47,650 (+3.6%), from €1.3m to €1.4m
- Receivables within one year +€27,324
up €27,324 (+71.4%), from €38,276 to €65,600
of which Trade receivables: +€22,279
- Tangible fixed assets -€21,846
down €21,846 (-14.1%), from €154,908 to €133,062
of which Furniture and vehicles: -€14,556
- Profit (loss) carried forward -€377,947
down €377,947 (-60.2%), from -€627,727 to -€1.0m
- Other debts +€313,684
up €313,684 (+26.7%), from €1.2m to €1.5m
- Trade debts +€89,808
up €89,808 (+364.4%), from €24,646 to €114,453
- Accrued charges and deferred income +€49,459
up €49,459 (+44.9%), from €110,076 to €159,536
- Advances received -€21,432
no longer reported in 2024 (was €21,432)
- Gross operating margin -€101,498
down €101,498, from €29,189 to -€72,310
- Staff costs +€14,078
up €14,078 (+9.5%), from €148,383 to €162,462
- Financial charges +€7,659
up €7,659 (+9.1%), from €84,192 to €91,851
of which Financial charges: +€9,123
- Financial income +€2,516
up €2,516 (+706.2%), from €356 to €2,873
- Write-downs +€1,439
new in 2024: €1,439
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,520,888 | €1,569,467 | +€48,579 | +3.2% |
| Fixed assets | 21/28 | €155,004 | €133,158 | -€21,846 | -14.1% |
| Tangible fixed assets | 22/27 | €154,908 | €133,062 | -€21,846 | -14.1% |
| Plant, machinery and equipment | 23 | €27,235 | €29,928 | +€2,693 | +9.9% |
| Furniture and vehicles | 24 | €51,444 | €36,888 | -€14,556 | -28.3% |
| Leasing and similar rights | 25 | €3,486 | €1,034 | -€2,452 | -70.3% |
| Other tangible fixed assets | 26 | €72,743 | €65,212 | -€7,531 | -10.4% |
| Financial fixed assets | 28 | €96 | €96 | = | 0.0% |
| Current assets | 29/58 | €1,365,884 | €1,436,309 | +€70,425 | +5.2% |
| Stocks and contracts in progress | 3 | €1,320,701 | €1,368,351 | +€47,650 | +3.6% |
| Stocks | 30/36 | €1,320,701 | €1,368,351 | +€47,650 | +3.6% |
| Amounts receivable within one year | 40/41 | €38,276 | €65,600 | +€27,324 | +71.4% |
| Trade receivables | 40 | €34,764 | €57,043 | +€22,279 | +64.1% |
| Other amounts receivable | 41 | €3,512 | €8,557 | +€5,045 | +143.6% |
| Cash at bank and in hand | 54/58 | €2,685 | €1,405 | -€1,280 | -47.7% |
| Deferred charges and accrued income | 490/1 | €4,222 | €953 | -€3,269 | -77.4% |
| Total equity and liabilities | 10/49 | €1,520,888 | €1,569,467 | +€48,579 | +3.2% |
| Equity | 10/15 | -€473,527 | -€851,473 | -€377,947 | -79.8% |
| Contributions | 10/11 | €105,000 | €105,000 | = | 0.0% |
| Capital | 10 | €105,000 | €105,000 | = | 0.0% |
| Issued capital | 100 | €105,000 | €105,000 | = | 0.0% |
| Reserves | 13 | €49,200 | €49,200 | = | 0.0% |
| Non-distributable reserves | 130/1 | €49,200 | €49,200 | = | 0.0% |
| Legal reserve | 130 | €49,200 | €49,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€627,727 | -€1,005,673 | -€377,947 | -60.2% |
| Amounts payable | 17/49 | €1,994,415 | €2,420,941 | +€426,526 | +21.4% |
| Amounts payable within one year | 42/48 | €1,884,338 | €2,261,405 | +€377,066 | +20.0% |
| Current portion of amounts payable after more than one year | 42 | €3,641 | - | -€3,641 | |
| Financial debts | 43 | €640,000 | €640,000 | = | 0.0% |
| Credit institutions | 430/8 | €640,000 | €640,000 | = | 0.0% |
| Trade debts | 44 | €24,646 | €114,453 | +€89,808 | +364.4% |
| Suppliers | 440/4 | €24,646 | €114,453 | +€89,808 | +364.4% |
| Advances received on contracts in progress | 46 | €21,432 | - | -€21,432 | |
| Taxes, remuneration and social security | 45 | €18,885 | €17,533 | -€1,352 | -7.2% |
| Taxes | 450/3 | €958 | €467 | -€491 | -51.3% |
| Remuneration and social security | 454/9 | €17,927 | €17,066 | -€861 | -4.8% |
| Other amounts payable | 47/48 | €1,175,734 | €1,489,418 | +€313,684 | +26.7% |
| Accrued charges and deferred income | 492/3 | €110,076 | €159,536 | +€49,459 | +44.9% |
| Remuneration, social security and pensions | 62 | €148,383 | €162,462 | +€14,078 | +9.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €44,427 | €43,029 | -€1,398 | -3.1% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €1,439 | +€1,439 | |
| Other operating charges | 640/8 | €10,247 | €9,729 | -€518 | -5.1% |
| Gross operating margin | 9900 | €29,189 | -€72,310 | -€101,498 | |
| Operating profit (loss) | 9901 | -€173,869 | -€288,969 | -€115,100 | -66.2% |
| Financial income | 75/76B | €356 | €2,873 | +€2,516 | +706.2% |
| Recurring financial income | 75 | €356 | €2,873 | +€2,516 | +706.2% |
| Financial charges | 65/66B | €84,192 | €91,851 | +€7,659 | +9.1% |
| Recurring financial charges | 65 | €82,727 | €91,851 | +€9,123 | +11.0% |
| Non-recurring financial charges | 66B | €1,465 | - | -€1,465 | |
| Profit (loss) for the period before taxes | 9903 | -€257,704 | -€377,947 | -€120,243 | -46.7% |
| Profit (loss) for the period | 9904 | -€257,704 | -€377,947 | -€120,243 | -46.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€257,704 | -€377,947 | -€120,243 | -46.7% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.