INTERCARS PATRICK RAES: what changed
What changed
INTERCARS PATRICK RAES
NACE 95.311, General maintenance and repair of cars and light vans (up to 3.5 tonnes)
not consecutivefiled annual accounts (NBB)
Net result for the year
-€30,217
2022 · €273,249-€303,466
Equity
€1.3m
2022 · €1.1m+€156,027
Cash
€417,833
2022 · €935,304-€517,471
Balance sheet total
€1.3m
2022 · €1.3m+€32,797
Largest movements
Assets
- Current investments +€800,000
new in 2024: €800,000
- Cash -€517,471
down €517,471 (-55.3%), from €935,304 to €417,833
- Receivables within one year -€142,754
down €142,754 (-63.0%), from €226,703 to €83,950
of which Trade receivables: -€184,331
- Tangible fixed assets -€94,275
down €94,275 (-81.0%), from €116,455 to €22,180
of which Furniture and vehicles: -€88,392
Equity and liabilities
- Reserves +€186,244
up €186,244 (+16.6%), from €1.1m to €1.3m
of which Distributable reserves: +€186,244
- Tax, wage and social debts -€73,139
no longer reported in 2024 (was €73,139)
of which Taxes: -€70,265
- Trade debts -€47,457
no longer reported in 2024 (was €47,457)
- Profit (loss) carried forward -€30,217
new in 2024: -€30,217
Income statement
- Gross operating margin -€485,181
down €485,181, from €454,131 to -€31,049
- Taxes -€124,383
no longer reported in 2024 (was €124,383)
- Depreciation -€27,861
down €27,861 (-55.8%), from €49,890 to €22,029
- Financial income +€26,256
up €26,256 (+42,125%), from €62 to €26,319
Change in the result, 2022 to 2024
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 2022
€273,249
Gross operating margin
-€485,181
Staff costs
-€59
Depreciation
+€27,861
Other operating charges
+€2,940
Other operating items
+€278
Financial income
+€26,256
Financial charges
+€57
Taxes
+€124,383
Result 2024
-€30,217
raises the resultlowers the resultnot broken down further in the accounts
Derived cash bridge
A cash bridge needs two consecutive financial years. One year's result and depreciation cannot explain a change over several years. Pick two years that follow each other.
Every line side by side
| Line | Code | 2022 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,294,147 | €1,326,944 | +€32,797 | +2.5% |
| Fixed assets | 21/28 | €118,896 | €24,621 | -€94,275 | -79.3% |
| Tangible fixed assets | 22/27 | €116,455 | €22,180 | -€94,275 | -81.0% |
| Land and buildings | 22 | €17 | - | -€17 | |
| Plant, machinery and equipment | 23 | €12,886 | €7,020 | -€5,867 | -45.5% |
| Furniture and vehicles | 24 | €103,552 | €15,161 | -€88,392 | -85.4% |
| Financial fixed assets | 28 | €2,440 | €2,440 | = | 0.0% |
| Current assets | 29/58 | €1,175,251 | €1,302,323 | +€127,072 | +10.8% |
| Stocks and contracts in progress | 3 | €5,124 | - | -€5,124 | |
| Stocks | 30/36 | €5,124 | - | -€5,124 | |
| Amounts receivable within one year | 40/41 | €226,703 | €83,950 | -€142,754 | -63.0% |
| Trade receivables | 40 | €218,151 | €33,820 | -€184,331 | -84.5% |
| Other amounts receivable | 41 | €8,553 | €50,130 | +€41,577 | +486% |
| Current investments | 50/53 | - | €800,000 | +€800,000 | |
| Cash at bank and in hand | 54/58 | €935,304 | €417,833 | -€517,471 | -55.3% |
| Deferred charges and accrued income | 490/1 | €8,120 | €541 | -€7,580 | -93.3% |
| Total equity and liabilities | 10/49 | €1,294,147 | €1,326,944 | +€32,797 | +2.5% |
| Equity | 10/15 | €1,145,026 | €1,301,053 | +€156,027 | +13.6% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Contributions outside capital | 11 | €20,000 | €20,000 | = | 0.0% |
| Other | 1109/19 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €1,125,026 | €1,311,270 | +€186,244 | +16.6% |
| Non-distributable reserves | 130/1 | €8,782 | €8,782 | = | 0.0% |
| Reserves not available under the articles | 1311 | €8,782 | €8,782 | = | 0.0% |
| Tax-exempt reserves | 132 | €133,308 | €133,308 | = | 0.0% |
| Distributable reserves | 133 | €982,936 | €1,169,180 | +€186,244 | +18.9% |
| Profit (loss) carried forward | 14 | - | -€30,217 | -€30,217 | |
| Amounts payable | 17/49 | €149,121 | €25,891 | -€123,230 | -82.6% |
| Amounts payable after more than one year | 17 | €5,881 | - | -€5,881 | |
| Financial debts | 170/4 | €5,881 | - | -€5,881 | |
| Amounts payable within one year | 42/48 | €138,102 | €16,636 | -€121,466 | -88.0% |
| Current portion of amounts payable after more than one year | 42 | €7,057 | - | -€7,057 | |
| Trade debts | 44 | €47,457 | - | -€47,457 | |
| Suppliers | 440/4 | €47,457 | - | -€47,457 | |
| Taxes, remuneration and social security | 45 | €73,139 | - | -€73,139 | |
| Taxes | 450/3 | €70,265 | - | -€70,265 | |
| Remuneration and social security | 454/9 | €2,874 | - | -€2,874 | |
| Other amounts payable | 47/48 | €10,449 | €16,636 | +€6,187 | +59.2% |
| Accrued charges and deferred income | 492/3 | €5,139 | €9,255 | +€4,116 | +80.1% |
| Non-recurring operating income | 76A | - | €2,225 | +€2,225 | |
| Remuneration, social security and pensions | 62 | - | €59 | +€59 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €49,890 | €22,029 | -€27,861 | -55.8% |
| Other operating charges | 640/8 | €4,419 | €1,479 | -€2,940 | -66.5% |
| Non-recurring operating charges | 66A | €278 | - | -€278 | |
| Gross operating margin | 9900 | €454,131 | -€31,049 | -€485,181 | |
| Operating profit (loss) | 9901 | €399,544 | -€54,618 | -€454,161 | |
| Financial income | 75/76B | €62 | €26,319 | +€26,256 | +42,125% |
| Recurring financial income | 75 | €62 | €26,319 | +€26,256 | +42,125% |
| Financial charges | 65/66B | €1,975 | €1,918 | -€57 | -2.9% |
| Recurring financial charges | 65 | €1,975 | €1,918 | -€57 | -2.9% |
| Profit (loss) for the period before taxes | 9903 | €397,631 | -€30,217 | -€427,849 | |
| Income taxes | 67/77 | €124,383 | - | -€124,383 | |
| Profit (loss) for the period | 9904 | €273,249 | -€30,217 | -€303,466 | |
| Profit (loss) for the period to be appropriated | 9905 | €273,249 | -€30,217 | -€303,466 |
Next steps
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2022 and 31 December 2024. Green is a favourable move for that line, red an unfavourable one. Prepared on 3 November 2026 via checked.be.