IMPECAR: 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
IMPECAR
NACE 95.314, Bodywork repair (including spraying and painting)
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
-€14,384
2024 · -€27,303+€12,919
Equity
€57,677
2024 · €72,061-€14,384
Cash
€7,126
2024 · €5,701+€1,425
Balance sheet total
€525,970
2024 · €517,016+€8,954
Largest movements
Assets
- Deferred charges and accrued income +€6,450
up €6,450 (+393%), from €1,640 to €8,090
Equity and liabilities
- Trade debts +€40,348
up €40,348 (+235%), from €17,165 to €57,513
- Tax, wage and social debts -€30,045
down €30,045 (-38.1%), from €78,917 to €48,872
of which Remuneration and social security: -€21,094
- Profit (loss) carried forward -€14,384
down €14,384, from €1,602 to -€12,782
- Advances received +€8,500
new in 2025: €8,500
Income statement
- Staff costs -€15,875
down €15,875 (-9.9%), from €159,973 to €144,098
- Gross operating margin -€12,667
down €12,667 (-7.3%), from €172,880 to €160,213
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
-€27,303
Gross operating margin
-€12,667
Staff costs
+€15,875
Depreciation
-€541
Other operating charges
+€110
Other operating items
+€9,064
Financial income
-€168
Financial charges
+€1,233
Taxes
+€14
Result 2025
-€14,384
raises the resultlowers the resultnot broken down further in the accounts
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.
From operations
-€3,111
Investment
€0
Financing
+€4,536
Cash 2024
€5,701
From operations (derived)
-€3,111
Net result for the year
-€14,384
Depreciation
+€4,062
Stocks and contracts
-€781
Receivables within one year
-€4,361
Deferred charges and accrued income
-€6,450
Trade debts
+€40,348
Tax, wage and social debts
-€30,045
Advances received
+€8,500
Financing
+€4,536
Debts after one year
+€3,306
Current portion of long-term debt
+€1,230
Cash 2025
€7,126
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €517,016 | €525,970 | +€8,954 | +1.7% |
| Fixed assets | 21/28 | €455,843 | €451,781 | -€4,062 | -0.9% |
| Tangible fixed assets | 22/27 | €55,843 | €51,781 | -€4,062 | -7.3% |
| Land and buildings | 22 | €26,305 | €26,305 | = | 0.0% |
| Plant, machinery and equipment | 23 | €29,538 | €25,476 | -€4,062 | -13.8% |
| Financial fixed assets | 28 | €400,000 | €400,000 | = | 0.0% |
| Current assets | 29/58 | €61,173 | €74,190 | +€13,017 | +21.3% |
| Stocks and contracts in progress | 3 | €47,717 | €48,498 | +€781 | +1.6% |
| Stocks | 30/36 | €39,820 | €47,798 | +€7,978 | +20.0% |
| Contracts in progress | 37 | €7,897 | €700 | -€7,197 | -91.1% |
| Amounts receivable within one year | 40/41 | €6,116 | €10,477 | +€4,361 | +71.3% |
| Trade receivables | 40 | €6,115 | €10,448 | +€4,332 | +70.8% |
| Other amounts receivable | 41 | €0 | €29 | +€29 | +7,150% |
| Cash at bank and in hand | 54/58 | €5,701 | €7,126 | +€1,425 | +25.0% |
| Deferred charges and accrued income | 490/1 | €1,640 | €8,090 | +€6,450 | +393% |
| Total equity and liabilities | 10/49 | €517,016 | €525,970 | +€8,954 | +1.7% |
| Equity | 10/15 | €72,061 | €57,677 | -€14,384 | -20.0% |
| Contributions | 10/11 | €68,600 | €68,600 | = | 0.0% |
| Reserves | 13 | €1,859 | €1,859 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | = | 0.0% |
| Profit (loss) carried forward | 14 | €1,602 | -€12,782 | -€14,384 | |
| Amounts payable | 17/49 | €444,955 | €468,294 | +€23,338 | +5.2% |
| Amounts payable after more than one year | 17 | €320,640 | €323,946 | +€3,306 | +1.0% |
| Financial debts | 170/4 | €138,456 | €108,994 | -€29,463 | -21.3% |
| Other amounts payable | 178/9 | €182,184 | €214,952 | +€32,769 | +18.0% |
| Amounts payable within one year | 42/48 | €124,316 | €144,348 | +€20,032 | +16.1% |
| Current portion of amounts payable after more than one year | 42 | €28,233 | €29,463 | +€1,230 | +4.4% |
| Trade debts | 44 | €17,165 | €57,513 | +€40,348 | +235% |
| Suppliers | 440/4 | €17,165 | €57,513 | +€40,348 | +235% |
| Advances received on contracts in progress | 46 | - | €8,500 | +€8,500 | |
| Taxes, remuneration and social security | 45 | €78,917 | €48,872 | -€30,045 | -38.1% |
| Taxes | 450/3 | €28,954 | €20,003 | -€8,951 | -30.9% |
| Remuneration and social security | 454/9 | €49,963 | €28,869 | -€21,094 | -42.2% |
| Non-recurring operating income | 76A | €1,747 | - | -€1,747 | |
| Remuneration, social security and pensions | 62 | €159,973 | €144,098 | -€15,875 | -9.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,521 | €4,062 | +€541 | +15.4% |
| Other operating charges | 640/8 | €9,997 | €9,887 | -€110 | -1.1% |
| Non-recurring operating charges | 66A | €11,175 | €2,111 | -€9,064 | -81.1% |
| Gross operating margin | 9900 | €172,880 | €160,213 | -€12,667 | -7.3% |
| Operating profit (loss) | 9901 | -€11,785 | €55 | +€11,840 | |
| Financial income | 75/76B | €299 | €130 | -€168 | -56.4% |
| Recurring financial income | 75 | €299 | €130 | -€168 | -56.4% |
| Financial charges | 65/66B | €15,615 | €14,381 | -€1,233 | -7.9% |
| Recurring financial charges | 65 | €15,615 | €14,381 | -€1,233 | -7.9% |
| Profit (loss) for the period before taxes | 9903 | -€27,101 | -€14,196 | +€12,905 | +47.6% |
| Income taxes | 67/77 | €202 | €188 | -€14 | -6.9% |
| Profit (loss) for the period | 9904 | -€27,303 | -€14,384 | +€12,919 | +47.3% |
| Profit (loss) for the period to be appropriated | 9905 | -€27,303 | -€14,384 | +€12,919 | +47.3% |
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 24 October 2026 via checked.be.