ENDOCAR: 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.
ENDOCAR
Largest movements
- Tangible fixed assets +€25,365
up €25,365 (+3.5%), from €723,852 to €749,217
of which Land and buildings: +€26,361
- Other debts +€354,232
up €354,232 (+200%), from €177,083 to €531,315
- Reserves -€336,081
down €336,081 (-36.2%), from €928,953 to €592,872
- Debts after one year -€25,272
down €25,272 (-47.6%), from €53,093 to €27,821
- Gross operating margin -€18,538
down €18,538 (-5.5%), from €338,337 to €319,799
- Financial income +€7,394
up €7,394 (+53.7%), from €13,768 to €21,162
- Taxes -€3,561
down €3,561 (-3.9%), from €90,700 to €87,139
- Depreciation +€3,421
up €3,421 (+7.4%), from €46,222 to €49,643
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 | €1,214,392 | €1,207,987 | -€6,405 | -0.5% |
| Fixed assets | 21/28 | €723,907 | €749,272 | +€25,365 | +3.5% |
| Tangible fixed assets | 22/27 | €723,852 | €749,217 | +€25,365 | +3.5% |
| Land and buildings | 22 | €722,856 | €749,217 | +€26,361 | +3.6% |
| Plant, machinery and equipment | 23 | €0 | €0 | = | |
| Furniture and vehicles | 24 | €996 | €0 | -€996 | -100% |
| Financial fixed assets | 28 | €55 | €55 | = | 0.0% |
| Current assets | 29/58 | €490,485 | €458,715 | -€31,770 | -6.5% |
| Amounts receivable within one year | 40/41 | €12,050 | - | -€12,050 | |
| Trade receivables | 40 | €12,050 | - | -€12,050 | |
| Current investments | 50/53 | €351,084 | €341,460 | -€9,623 | -2.7% |
| Cash at bank and in hand | 54/58 | €92,344 | €81,826 | -€10,519 | -11.4% |
| Deferred charges and accrued income | 490/1 | €35,007 | €35,429 | +€422 | +1.2% |
| Total equity and liabilities | 10/49 | €1,214,392 | €1,207,987 | -€6,405 | -0.5% |
| Equity | 10/15 | €935,153 | €599,072 | -€336,081 | -35.9% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €928,953 | €592,872 | -€336,081 | -36.2% |
| Distributable reserves | 133 | €928,953 | €592,872 | -€336,081 | -36.2% |
| Amounts payable | 17/49 | €279,240 | €608,915 | +€329,675 | +118% |
| Amounts payable after more than one year | 17 | €53,093 | €27,821 | -€25,272 | -47.6% |
| Financial debts | 170/4 | €53,093 | €27,821 | -€25,272 | -47.6% |
| Amounts payable within one year | 42/48 | €225,850 | €581,094 | +€355,245 | +157% |
| Current portion of amounts payable after more than one year | 42 | €24,886 | €25,272 | +€386 | +1.6% |
| Trade debts | 44 | €5,056 | €4,797 | -€259 | -5.1% |
| Suppliers | 440/4 | €5,056 | €4,797 | -€259 | -5.1% |
| Taxes, remuneration and social security | 45 | €18,825 | €19,710 | +€885 | +4.7% |
| Taxes | 450/3 | €10,081 | €6,912 | -€3,169 | -31.4% |
| Remuneration and social security | 454/9 | €8,744 | €12,799 | +€4,054 | +46.4% |
| Other amounts payable | 47/48 | €177,083 | €531,315 | +€354,232 | +200% |
| Accrued charges and deferred income | 492/3 | €297 | - | -€297 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €46,222 | €49,643 | +€3,421 | +7.4% |
| Other operating charges | 640/8 | €6,138 | €6,340 | +€202 | +3.3% |
| Gross operating margin | 9900 | €338,337 | €319,799 | -€18,538 | -5.5% |
| Operating profit (loss) | 9901 | €285,978 | €263,816 | -€22,161 | -7.7% |
| Financial income | 75/76B | €13,768 | €21,162 | +€7,394 | +53.7% |
| Recurring financial income | 75 | €13,768 | €21,162 | +€7,394 | +53.7% |
| Financial charges | 65/66B | €3,576 | €2,234 | -€1,342 | -37.5% |
| Recurring financial charges | 65 | €3,576 | €2,234 | -€1,342 | -37.5% |
| Profit (loss) for the period before taxes | 9903 | €296,169 | €282,744 | -€13,426 | -4.5% |
| Income taxes | 67/77 | €90,700 | €87,139 | -€3,561 | -3.9% |
| Profit (loss) for the period | 9904 | €205,469 | €195,604 | -€9,864 | -4.8% |
| Profit (loss) for the period to be appropriated | 9905 | €205,469 | €195,604 | -€9,864 | -4.8% |
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 14 October 2026 via checked.be.