INCAR-MOTOR: 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
INCAR-MOTOR
NACE 95.314, Bodywork repair (including spraying and painting)
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€85,028
2024 · €99,179-€14,151
Equity
€1.5m
2024 · €1.4m+€85,028
Cash
€900,496
2024 · €1.6m-€729,675
Balance sheet total
€12.9m
2024 · €12.4m+€536,652
Largest movements
Assets
- Financial fixed assets +€1.1m
up €1.1m (+1,268%), from €86,050 to €1.2m
of which Affiliated companies: +€1.1m
- Stocks and contracts +€782,482
up €782,482 (+9.8%), from €8.0m to €8.8m
- Cash -€729,675
down €729,675 (-44.8%), from €1.6m to €900,496
mainly Trade debts (-€1.5m) and Investment in fixed assets (net) (-€1.2m)
- Receivables within one year -€643,370
down €643,370 (-27.3%), from €2.4m to €1.7m
of which Other amounts receivable: -€666,235
Equity and liabilities
- Trade debts -€1.5m
down €1.5m (-75.5%), from €2.0m to €502,479
- Other debts +€656,566
up €656,566 (+2,729%), from €24,059 to €680,625
- Advances received +€555,368
up €555,368 (+136%), from €408,760 to €964,128
- Short-term financial debts +€519,654
up €519,654 (+6.7%), from €7.8m to €8.3m
- Debts after one year +€386,476
up €386,476 (+8,215%), from €4,704 to €391,181
Income statement
- Turnover +€3.8m
up €3.8m (+9.6%), from €39.3m to €43.1m
- Goods and materials +€3.2m
up €3.2m (+9.5%), from €33.7m to €36.9m
of which Purchases: +€1.9m
- Services and other goods +€461,898
up €461,898 (+16.4%), from €2.8m to €3.3m
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
€99,179
Turnover
+€3.8m
Other operating income
+€147,915
Goods and materials
-€3.2m
Services and other goods
-€461,898
Staff costs
-€256,979
Depreciation
-€12,370
Write-downs
-€6,187
Provisions
+€64,685
Other operating charges
-€22,531
Other operating items
+€6,079
Financial income
+€111
Financial charges
-€43,031
Taxes
+€4,989
Result 2025
€85,028
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
-€467,564
Investment
-€1.2m
Financing
+€949,416
Cash 2024
€1.6m
From operations (derived)
-€467,564
Net result for the year
+€85,028
Depreciation
+€105,872
Stocks and contracts
-€782,482
Receivables within one year
+€643,370
Deferred charges and accrued income
-€21,559
Provisions
-€29,392
Trade debts
-€1.5m
Tax, wage and social debts
-€115,124
Advances received
+€555,368
Other debts
+€656,566
Accrued charges and deferred income
-€18,577
Investment (derived)
-€1.2m
Investment in fixed assets (net)
-€1.2m
Financing
+€949,416
Debts after one year
+€386,476
Current portion of long-term debt
+€43,286
Short-term financial debts
+€519,654
Cash 2025
€900,496
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €12,396,252 | €12,932,903 | +€536,652 | +4.3% |
| Fixed assets | 21/28 | €380,770 | €1,486,426 | +€1.1m | +290% |
| Tangible fixed assets | 22/27 | €294,720 | €309,066 | +€14,346 | +4.9% |
| Plant, machinery and equipment | 23 | €57,664 | €36,884 | -€20,780 | -36.0% |
| Furniture and vehicles | 24 | €9,444 | €8,044 | -€1,400 | -14.8% |
| Leasing and similar rights | 25 | €45,921 | €56,693 | +€10,771 | +23.5% |
| Other tangible fixed assets | 26 | €181,691 | €207,446 | +€25,755 | +14.2% |
| Financial fixed assets | 28 | €86,050 | €1,177,360 | +€1.1m | +1,268% |
| Affiliated companies | 280/1 | - | €1,085,000 | +€1.1m | |
| Participating interests | 280 | - | €1,085,000 | +€1.1m | |
| Other financial fixed assets | 284/8 | €86,050 | €92,360 | +€6,310 | +7.3% |
| Amounts receivable and cash guarantees | 285/8 | €86,050 | €92,360 | +€6,310 | +7.3% |
| Current assets | 29/58 | €12,015,482 | €11,446,478 | -€569,004 | -4.7% |
| Stocks and contracts in progress | 3 | €8,021,065 | €8,803,547 | +€782,482 | +9.8% |
| Stocks | 30/36 | €8,021,065 | €8,803,547 | +€782,482 | +9.8% |
| Goods purchased for resale | 34 | €8,021,065 | €8,803,547 | +€782,482 | +9.8% |
| Amounts receivable within one year | 40/41 | €2,357,623 | €1,714,253 | -€643,370 | -27.3% |
| Trade receivables | 40 | €1,050,541 | €1,073,406 | +€22,865 | +2.2% |
| Other amounts receivable | 41 | €1,307,081 | €640,847 | -€666,235 | -51.0% |
| Cash at bank and in hand | 54/58 | €1,630,171 | €900,496 | -€729,675 | -44.8% |
| Deferred charges and accrued income | 490/1 | €6,623 | €28,182 | +€21,559 | +326% |
| Total equity and liabilities | 10/49 | €12,396,252 | €12,932,903 | +€536,652 | +4.3% |
| Equity | 10/15 | €1,422,055 | €1,507,083 | +€85,028 | +6.0% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €1,041,860 | €1,041,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | - | -€1,860 | |
| Reserves not available under the articles | 1311 | €1,860 | - | -€1,860 | |
| Distributable reserves | 133 | €1,040,000 | €1,041,860 | +€1,860 | +0.2% |
| Profit (loss) carried forward | 14 | €373,995 | €459,023 | +€85,028 | +22.7% |
| Provisions and deferred taxes | 16 | €35,292 | €5,900 | -€29,392 | -83.3% |
| Provisions for liabilities and charges | 160/5 | €35,292 | €5,900 | -€29,392 | -83.3% |
| Other liabilities and charges | 164/5 | €35,292 | €5,900 | -€29,392 | -83.3% |
| Amounts payable | 17/49 | €10,938,904 | €11,419,920 | +€481,016 | +4.4% |
| Amounts payable after more than one year | 17 | €4,704 | €391,181 | +€386,476 | +8,215% |
| Financial debts | 170/4 | €4,704 | €391,181 | +€386,476 | +8,215% |
| Credit institutions | 173 | €4,704 | €391,181 | +€386,476 | +8,215% |
| Amounts payable within one year | 42/48 | €10,898,755 | €11,011,872 | +€113,117 | +1.0% |
| Current portion of amounts payable after more than one year | 42 | €27,425 | €70,711 | +€43,286 | +158% |
| Financial debts | 43 | €7,764,391 | €8,284,044 | +€519,654 | +6.7% |
| Credit institutions | 430/8 | €7,764,391 | €8,284,044 | +€519,654 | +6.7% |
| Trade debts | 44 | €2,049,112 | €502,479 | -€1.5m | -75.5% |
| Suppliers | 440/4 | €2,049,112 | €502,479 | -€1.5m | -75.5% |
| Advances received on contracts in progress | 46 | €408,760 | €964,128 | +€555,368 | +136% |
| Taxes, remuneration and social security | 45 | €625,009 | €509,885 | -€115,124 | -18.4% |
| Taxes | 450/3 | €388,403 | €360,064 | -€28,339 | -7.3% |
| Remuneration and social security | 454/9 | €236,606 | €149,821 | -€86,785 | -36.7% |
| Other amounts payable | 47/48 | €24,059 | €680,625 | +€656,566 | +2,729% |
| Accrued charges and deferred income | 492/3 | €35,445 | €16,868 | -€18,577 | -52.4% |
| Operating income | 70/76A | €39,669,917 | €43,591,304 | +€3.9m | +9.9% |
| Turnover | 70 | €39,344,577 | €43,118,049 | +€3.8m | +9.6% |
| Other operating income | 74 | €325,340 | €473,255 | +€147,915 | +45.5% |
| Operating charges | 60/66A | €39,249,039 | €43,146,645 | +€3.9m | +9.9% |
| Goods for resale, raw materials and consumables | 60 | €33,733,271 | €36,941,675 | +€3.2m | +9.5% |
| Purchases | 600/8 | €35,774,959 | €37,720,986 | +€1.9m | +5.4% |
| Change in stocks: decrease (increase) | 609 | -€2,041,688 | -€779,311 | +€1.3m | +61.8% |
| Services and other goods | 61 | €2,808,543 | €3,270,441 | +€461,898 | +16.4% |
| Remuneration, social security and pensions | 62 | €2,539,126 | €2,796,106 | +€256,979 | +10.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €93,502 | €105,872 | +€12,370 | +13.2% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€9,358 | -€3,171 | +€6,187 | +66.1% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | €35,292 | -€29,392 | -€64,685 | |
| Other operating charges | 640/8 | €42,583 | €65,115 | +€22,531 | +52.9% |
| Non-recurring operating charges | 66A | €6,079 | - | -€6,079 | |
| Operating profit (loss) | 9901 | €420,878 | €444,659 | +€23,781 | +5.7% |
| Financial income | 75/76B | €2,082 | €2,193 | +€111 | +5.3% |
| Recurring financial income | 75 | €2,082 | €2,193 | +€111 | +5.3% |
| Other financial income | 752/9 | €2,082 | €2,193 | +€111 | +5.3% |
| Financial charges | 65/66B | €283,069 | €326,101 | +€43,031 | +15.2% |
| Recurring financial charges | 65 | €283,069 | €326,101 | +€43,031 | +15.2% |
| Debt charges | 650 | €276,181 | €316,587 | +€40,406 | +14.6% |
| Other financial charges | 652/9 | €6,888 | €9,514 | +€2,625 | +38.1% |
| Profit (loss) for the period before taxes | 9903 | €139,891 | €120,751 | -€19,140 | -13.7% |
| Income taxes | 67/77 | €40,711 | €35,723 | -€4,989 | -12.3% |
| Taxes | 670/3 | €40,711 | €35,723 | -€4,989 | -12.3% |
| Profit (loss) for the period | 9904 | €99,179 | €85,028 | -€14,151 | -14.3% |
| Profit (loss) for the period to be appropriated | 9905 | €99,179 | €85,028 | -€14,151 | -14.3% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 24 October 2026 via checked.be.