AR GARAGE: 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.
AR GARAGE
Largest movements
- Cash +€16,309
up €16,309 (+53.8%), from €30,286 to €46,594
mainly Net result for the year (+€11,985) and Trade debts (+€4,016)
- Stocks and contracts +€1,439
up €1,439 (+77.0%), from €1,868 to €3,307
- Receivables within one year -€1,083
down €1,083 (-19.0%), from €5,700 to €4,617
- Tangible fixed assets -€665
down €665 (-23.9%), from €2,784 to €2,120
of which Plant, machinery and equipment: -€713
- Reserves +€11,985
up €11,985 (+37.6%), from €31,832 to €43,817
- Trade debts +€4,016
up €4,016 (+178%), from €2,252 to €6,268
- Purchases and services +€41,560
up €41,560 (+222%), from €18,684 to €60,244
- Taxes +€8,001
new in 2025: €8,001
- Gross operating margin +€1,893
up €1,893 (+9.6%), from €19,781 to €21,675
- Depreciation +€496
up €496 (+82.1%), from €603 to €1,099
- Staff costs +€377
up €377 (+422%), from €89 to €466
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €40,638 | €56,638 | +€16,000 | +39.4% |
| Fixed assets | 21/28 | €2,784 | €2,120 | -€665 | -23.9% |
| Tangible fixed assets | 22/27 | €2,784 | €2,120 | -€665 | -23.9% |
| Plant, machinery and equipment | 23 | €1,845 | €1,131 | -€713 | -38.7% |
| Furniture and vehicles | 24 | €940 | €988 | +€48 | +5.2% |
| Current assets | 29/58 | €37,853 | €54,518 | +€16,665 | +44.0% |
| Stocks and contracts in progress | 3 | €1,868 | €3,307 | +€1,439 | +77.0% |
| Stocks | 30/36 | €1,868 | €3,307 | +€1,439 | +77.0% |
| Amounts receivable within one year | 40/41 | €5,700 | €4,617 | -€1,083 | -19.0% |
| Trade receivables | 40 | €5,700 | €4,617 | -€1,083 | -19.0% |
| Cash at bank and in hand | 54/58 | €30,286 | €46,594 | +€16,309 | +53.8% |
| Total equity and liabilities | 10/49 | €40,638 | €56,638 | +€16,000 | +39.4% |
| Equity | 10/15 | €36,832 | €48,817 | +€11,985 | +32.5% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Capital | 10 | €5,000 | €5,000 | = | 0.0% |
| Issued capital | 100 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €31,832 | €43,817 | +€11,985 | +37.6% |
| Distributable reserves | 133 | €31,832 | €43,817 | +€11,985 | +37.6% |
| Amounts payable | 17/49 | €3,805 | €7,821 | +€4,015 | +106% |
| Amounts payable within one year | 42/48 | €3,805 | €7,821 | +€4,015 | +106% |
| Trade debts | 44 | €2,252 | €6,268 | +€4,016 | +178% |
| Suppliers | 440/4 | €2,252 | €6,268 | +€4,016 | +178% |
| Taxes, remuneration and social security | 45 | €1,394 | €1,378 | -€17 | -1.2% |
| Taxes | 450/3 | €1,394 | €1,378 | -€17 | -1.2% |
| Other amounts payable | 47/48 | €159 | €175 | +€16 | +10.0% |
| Goods, raw materials, services and sundry goods | 60/61 | €18,684 | €60,244 | +€41,560 | +222% |
| Remuneration, social security and pensions | 62 | €89 | €466 | +€377 | +422% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €603 | €1,099 | +€496 | +82.1% |
| Other operating charges | 640/8 | €75 | €62 | -€13 | -16.8% |
| Gross operating margin | 9900 | €19,781 | €21,675 | +€1,893 | +9.6% |
| Operating profit (loss) | 9901 | €19,014 | €20,048 | +€1,033 | +5.4% |
| Financial income | 75/76B | €0 | €36 | +€36 | +30,042% |
| Recurring financial income | 75 | €0 | €36 | +€36 | +30,042% |
| Financial charges | 65/66B | €101 | €99 | -€2 | -1.9% |
| Recurring financial charges | 65 | €101 | €99 | -€2 | -1.9% |
| Profit (loss) for the period before taxes | 9903 | €18,914 | €19,985 | +€1,071 | +5.7% |
| Income taxes | 67/77 | - | €8,001 | +€8,001 | |
| Profit (loss) for the period | 9904 | €18,914 | €11,985 | -€6,929 | -36.6% |
| Profit (loss) for the period to be appropriated | 9905 | €18,914 | €11,985 | -€6,929 | -36.6% |
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.