IVOZ 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
IVOZ MOTOR
NACE 47.811, Retail sale of cars and light vans (up to 3.5 tonnes)
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€64,434
2024 · €61,168+€3,266
Equity
€496,954
2024 · €432,520+€64,434
Cash
€460,451
2024 · €334,317+€126,134
Balance sheet total
€823,146
2024 · €707,225+€115,921
Largest movements
Assets
- Cash +€126,134
up €126,134 (+37.7%), from €334,317 to €460,451
mainly Net result for the year (+€64,434) and Other debts (+€55,884)
- Receivables within one year -€31,860
down €31,860 (-91.2%), from €34,939 to €3,079
of which Other amounts receivable: -€28,685
- Stocks and contracts +€24,225
up €24,225 (+8.0%), from €303,582 to €327,807
Equity and liabilities
- Profit (loss) carried forward +€64,434
up €64,434 (+20.9%), from €308,770 to €373,204
- Other debts +€55,884
new in 2025: €55,884
- Debts after one year -€12,812
down €12,812 (-37.1%), from €34,549 to €21,737
Income statement
No income-statement line moved by more than 1% of the activity.
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
€61,168
Gross operating margin
+€8,262
Staff costs
-€10,298
Depreciation
-€1,392
Other operating charges
+€1,530
Financial income
-€2,261
Financial charges
-€80
Taxes
+€7,505
Result 2025
€64,434
raises the resultlowers the result
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
+€140,603
Investment
-€7,155
Financing
-€7,314
Cash 2024
€334,317
From operations (derived)
+€140,603
Net result for the year
+€64,434
Depreciation
+€8,426
Stocks and contracts
-€24,225
Receivables within one year
+€31,860
Deferred charges and accrued income
+€1,307
Trade debts
-€222
Tax, wage and social debts
+€3,139
Other debts
+€55,884
Investment (derived)
-€7,155
Investment in fixed assets (net)
-€7,155
Financing
-€7,314
Debts after one year
-€12,812
Current portion of long-term debt
+€5,498
Cash 2025
€460,451
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €707,225 | €823,146 | +€115,921 | +16.4% |
| Fixed assets | 21/28 | €33,080 | €31,809 | -€1,271 | -3.8% |
| Tangible fixed assets | 22/27 | €33,080 | €31,809 | -€1,271 | -3.8% |
| Land and buildings | 22 | €33,080 | €26,045 | -€7,035 | -21.3% |
| Furniture and vehicles | 24 | - | €5,764 | +€5,764 | |
| Current assets | 29/58 | €674,145 | €791,337 | +€117,192 | +17.4% |
| Stocks and contracts in progress | 3 | €303,582 | €327,807 | +€24,225 | +8.0% |
| Stocks | 30/36 | €303,582 | €327,807 | +€24,225 | +8.0% |
| Amounts receivable within one year | 40/41 | €34,939 | €3,079 | -€31,860 | -91.2% |
| Trade receivables | 40 | €6,254 | €3,079 | -€3,175 | -50.8% |
| Other amounts receivable | 41 | €28,685 | - | -€28,685 | |
| Cash at bank and in hand | 54/58 | €334,317 | €460,451 | +€126,134 | +37.7% |
| Deferred charges and accrued income | 490/1 | €1,307 | - | -€1,307 | |
| Total equity and liabilities | 10/49 | €707,225 | €823,146 | +€115,921 | +16.4% |
| Equity | 10/15 | €432,520 | €496,954 | +€64,434 | +14.9% |
| Contributions | 10/11 | €112,500 | €112,500 | = | 0.0% |
| Capital | 10 | €112,500 | €112,500 | = | 0.0% |
| Issued capital | 100 | €112,500 | €112,500 | = | 0.0% |
| Reserves | 13 | €11,250 | €11,250 | = | 0.0% |
| Non-distributable reserves | 130/1 | €11,250 | €11,250 | = | 0.0% |
| Legal reserve | 130 | €11,250 | €11,250 | = | 0.0% |
| Profit (loss) carried forward | 14 | €308,770 | €373,204 | +€64,434 | +20.9% |
| Amounts payable | 17/49 | €274,705 | €326,192 | +€51,487 | +18.7% |
| Amounts payable after more than one year | 17 | €34,549 | €21,737 | -€12,812 | -37.1% |
| Financial debts | 170/4 | €34,549 | €21,737 | -€12,812 | -37.1% |
| Amounts payable within one year | 42/48 | €240,156 | €304,455 | +€64,299 | +26.8% |
| Current portion of amounts payable after more than one year | 42 | €36,563 | €42,061 | +€5,498 | +15.0% |
| Trade debts | 44 | €180,666 | €180,444 | -€222 | -0.1% |
| Suppliers | 440/4 | €180,666 | €180,444 | -€222 | -0.1% |
| Taxes, remuneration and social security | 45 | €22,927 | €26,066 | +€3,139 | +13.7% |
| Taxes | 450/3 | €13,299 | €12,266 | -€1,033 | -7.8% |
| Remuneration and social security | 454/9 | €9,628 | €13,800 | +€4,172 | +43.3% |
| Other amounts payable | 47/48 | - | €55,884 | +€55,884 | |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Turnover | 70 | €1,367,950 | €1,370,105 | +€2,155 | +0.2% |
| Non-recurring operating income | 76A | €19,222 | €34,425 | +€15,203 | +79.1% |
| Goods, raw materials, services and sundry goods | 60/61 | €1,128,153 | €1,137,249 | +€9,096 | +0.8% |
| Remuneration, social security and pensions | 62 | €154,511 | €164,809 | +€10,298 | +6.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,034 | €8,426 | +€1,392 | +19.8% |
| Other operating charges | 640/8 | €8,559 | €7,029 | -€1,530 | -17.9% |
| Gross operating margin | 9900 | €259,019 | €267,281 | +€8,262 | +3.2% |
| Operating profit (loss) | 9901 | €88,915 | €87,017 | -€1,898 | -2.1% |
| Financial income | 75/76B | €4,198 | €1,937 | -€2,261 | -53.9% |
| Recurring financial income | 75 | €1,883 | €1,937 | +€54 | +2.9% |
| Non-recurring financial income | 76B | €2,315 | - | -€2,315 | |
| Financial charges | 65/66B | €3,319 | €3,399 | +€80 | +2.4% |
| Recurring financial charges | 65 | €3,319 | €3,399 | +€80 | +2.4% |
| Profit (loss) for the period before taxes | 9903 | €89,794 | €85,555 | -€4,239 | -4.7% |
| Income taxes | 67/77 | €28,626 | €21,121 | -€7,505 | -26.2% |
| Profit (loss) for the period | 9904 | €61,168 | €64,434 | +€3,266 | +5.3% |
| Profit (loss) for the period to be appropriated | 9905 | €61,168 | €64,434 | +€3,266 | +5.3% |
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 15 October 2026 via checked.be.