FR MOTORS: what changed
What changed
FR MOTORS
NACE 95.311, General maintenance and repair of cars and light vans (up to 3.5 tonnes)
filed annual accounts (NBB)
Net result for the year
€158,046
2024 · €106,877+€51,169
Equity
€2.7m
2024 · €2.6m+€58,046
Cash
€651,685
2024 · €563,165+€88,520
Balance sheet total
€2.9m
2024 · €2.9m+€88,750
Largest movements
Assets
- Cash +€88,520
up €88,520 (+15.7%), from €563,165 to €651,685
mainly Net result for the year (+€158,046) and Depreciation (+€31,574)
- Current investments +€41,655
up €41,655 (+2.7%), from €1.5m to €1.6m
Equity and liabilities
- Reserves +€44,052
up €44,052 (+4.3%), from €1.0m to €1.1m
of which Distributable reserves: +€50,000
- Other debts +€30,628
up €30,628 (+40.2%), from €76,262 to €106,889
Income statement
- Gross operating margin -€68,794
down €68,794 (-20.0%), from €344,309 to €275,515
- Financial charges -€65,734
down €65,734 (-96.6%), from €68,041 to €2,307
- Depreciation -€26,453
down €26,453 (-45.6%), from €58,027 to €31,574
- Financial income +€17,402
up €17,402 (+84.9%), from €20,499 to €37,902
- Staff costs -€7,131
down €7,131 (-12.6%), from €56,430 to €49,299
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
€106,877
Gross operating margin
-€68,794
Staff costs
+€7,131
Depreciation
+€26,453
Write-downs
+€1,008
Other operating charges
-€1,089
Financial income
+€17,402
Financial charges
+€65,734
Taxes
+€5,865
Deferred taxes and other
-€2,542
Result 2025
€158,046
raises the resultlowers the resultnot broken down further in the accounts
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€247,510
Investment
-€50,656
Financing
-€108,333
Cash 2024
€563,165
From operations (derived)
+€247,510
Net result for the year
+€158,046
Depreciation
+€31,574
Stocks and contracts
+€13,956
Receivables within one year
-€2,398
Deferred charges and accrued income
+€7,294
Provisions
-€2,101
Trade debts
+€4,245
Tax, wage and social debts
+€6,457
Other debts
+€30,628
Accrued charges and deferred income
-€191
Investment (derived)
-€50,656
Investment in fixed assets (net)
-€9,002
Current investments
-€41,655
Financing
-€108,333
Short-term financial debts
-€8,333
Contributions, distributions and other
-€100,000
Cash 2025
€651,685
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €2,850,059 | €2,938,809 | +€88,750 | +3.1% |
| Fixed assets | 21/28 | €650,459 | €627,887 | -€22,572 | -3.5% |
| Tangible fixed assets | 22/27 | €650,459 | €627,887 | -€22,572 | -3.5% |
| Land and buildings | 22 | €591,933 | €574,104 | -€17,829 | -3.0% |
| Plant, machinery and equipment | 23 | €19,236 | €10,346 | -€8,890 | -46.2% |
| Furniture and vehicles | 24 | €19,067 | €27,455 | +€8,388 | +44.0% |
| Other tangible fixed assets | 26 | €20,223 | €15,982 | -€4,241 | -21.0% |
| Current assets | 29/58 | €2,199,600 | €2,310,923 | +€111,322 | +5.1% |
| Stocks and contracts in progress | 3 | €64,010 | €50,054 | -€13,956 | -21.8% |
| Stocks | 30/36 | €64,010 | €50,054 | -€13,956 | -21.8% |
| Amounts receivable within one year | 40/41 | €17,004 | €19,402 | +€2,398 | +14.1% |
| Trade receivables | 40 | €12,721 | €15,324 | +€2,603 | +20.5% |
| Other amounts receivable | 41 | €4,283 | €4,078 | -€205 | -4.8% |
| Current investments | 50/53 | €1,539,672 | €1,581,326 | +€41,655 | +2.7% |
| Cash at bank and in hand | 54/58 | €563,165 | €651,685 | +€88,520 | +15.7% |
| Deferred charges and accrued income | 490/1 | €15,749 | €8,455 | -€7,294 | -46.3% |
| Total equity and liabilities | 10/49 | €2,850,059 | €2,938,809 | +€88,750 | +3.1% |
| Equity | 10/15 | €2,623,137 | €2,681,182 | +€58,046 | +2.2% |
| Contributions | 10/11 | €61,975 | €61,975 | = | 0.0% |
| Capital | 10 | €61,975 | €61,975 | = | 0.0% |
| Issued capital | 100 | €61,975 | €61,975 | = | 0.0% |
| Reserves | 13 | €1,026,007 | €1,070,059 | +€44,052 | +4.3% |
| Non-distributable reserves | 130/1 | €51,198 | €51,198 | = | 0.0% |
| Legal reserve | 130 | €51,198 | €51,198 | = | 0.0% |
| Tax-exempt reserves | 132 | €124,809 | €118,861 | -€5,948 | -4.8% |
| Distributable reserves | 133 | €850,000 | €900,000 | +€50,000 | +5.9% |
| Profit (loss) carried forward | 14 | €1,535,155 | €1,549,148 | +€13,994 | +0.9% |
| Provisions and deferred taxes | 16 | €41,763 | €39,663 | -€2,101 | -5.0% |
| Deferred taxes | 168 | €41,763 | €39,663 | -€2,101 | -5.0% |
| Amounts payable | 17/49 | €185,160 | €217,965 | +€32,805 | +17.7% |
| Amounts payable after more than one year | 17 | €1,900 | €1,900 | = | 0.0% |
| Other amounts payable | 178/9 | €1,900 | €1,900 | = | 0.0% |
| Amounts payable within one year | 42/48 | €183,069 | €216,065 | +€32,996 | +18.0% |
| Financial debts | 43 | €8,333 | €0 | -€8,333 | -100% |
| Credit institutions | 430/8 | €8,333 | €0 | -€8,333 | -100% |
| Trade debts | 44 | €56,823 | €61,067 | +€4,245 | +7.5% |
| Suppliers | 440/4 | €56,823 | €61,067 | +€4,245 | +7.5% |
| Advances received on contracts in progress | 46 | €300 | €300 | = | 0.0% |
| Taxes, remuneration and social security | 45 | €41,351 | €47,808 | +€6,457 | +15.6% |
| Taxes | 450/3 | €31,634 | €35,045 | +€3,411 | +10.8% |
| Remuneration and social security | 454/9 | €9,718 | €12,763 | +€3,046 | +31.3% |
| Other amounts payable | 47/48 | €76,262 | €106,889 | +€30,628 | +40.2% |
| Accrued charges and deferred income | 492/3 | €191 | €0 | -€191 | -100% |
| Remuneration, social security and pensions | 62 | €56,430 | €49,299 | -€7,131 | -12.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €58,027 | €31,574 | -€26,453 | -45.6% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €1,008 | €0 | -€1,008 | -100% |
| Other operating charges | 640/8 | €8,973 | €10,062 | +€1,089 | +12.1% |
| Gross operating margin | 9900 | €344,309 | €275,515 | -€68,794 | -20.0% |
| Operating profit (loss) | 9901 | €219,871 | €184,580 | -€35,291 | -16.1% |
| Financial income | 75/76B | €20,499 | €37,902 | +€17,402 | +84.9% |
| Recurring financial income | 75 | €20,499 | €37,902 | +€17,402 | +84.9% |
| Financial charges | 65/66B | €68,041 | €2,307 | -€65,734 | -96.6% |
| Recurring financial charges | 65 | €68,041 | €2,307 | -€65,734 | -96.6% |
| Profit (loss) for the period before taxes | 9903 | €172,329 | €220,175 | +€47,845 | +27.8% |
| Transfer from deferred taxes | 780 | €4,643 | €2,101 | -€2,542 | -54.8% |
| Income taxes | 67/77 | €70,095 | €64,230 | -€5,865 | -8.4% |
| Profit (loss) for the period | 9904 | €106,877 | €158,046 | +€51,169 | +47.9% |
| Transfer from tax-exempt reserves | 789 | €13,574 | €5,948 | -€7,626 | -56.2% |
| Profit (loss) for the period to be appropriated | 9905 | €120,451 | €163,994 | +€43,543 | +36.1% |
Next steps
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 4 November 2026 via checked.be.