AUTO ECOLE GEORGES: 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.
AUTO ECOLE GEORGES
Largest movements
- Tangible fixed assets +€255,145
up €255,145 (+152%), from €168,173 to €423,318
of which Assets under construction and advance payments: +€180,126
- Receivables within one year +€150,503
up €150,503 (+127%), from €118,625 to €269,128
of which Trade receivables: +€87,655
- Cash -€86,533
down €86,533 (-27.8%), from €311,796 to €225,263
mainly Investment in fixed assets (net) (-€316,759) and Receivables within one year (-€150,503)
- Debts after one year +€131,681
new in 2025: €131,681
- Trade debts +€77,494
up €77,494 (+98.4%), from €78,741 to €156,236
- Profit (loss) carried forward +€46,941
up €46,941 (+10.9%), from €430,977 to €477,918
- Current portion of long-term debt +€34,293
up €34,293 (+574%), from €5,978 to €40,271
- Tax, wage and social debts +€31,604
up €31,604 (+15.3%), from €207,015 to €238,619
of which Remuneration and social security: +€29,815
- Staff costs +€49,323
up €49,323 (+6.1%), from €809,408 to €858,731
- Taxes -€16,327
down €16,327 (-48.0%), from €34,032 to €17,705
- Depreciation +€12,525
up €12,525 (+27.0%), from €46,430 to €58,954
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 | €818,528 | €1,140,541 | +€322,013 | +39.3% |
| Fixed assets | 21/28 | €190,793 | €448,598 | +€257,805 | +135% |
| Tangible fixed assets | 22/27 | €168,173 | €423,318 | +€255,145 | +152% |
| Land and buildings | 22 | €15,000 | €21,266 | +€6,266 | +41.8% |
| Plant, machinery and equipment | 23 | €58,010 | €81,620 | +€23,610 | +40.7% |
| Furniture and vehicles | 24 | €95,163 | €140,306 | +€45,143 | +47.4% |
| Assets under construction and advance payments | 27 | - | €180,126 | +€180,126 | |
| Financial fixed assets | 28 | €22,620 | €25,280 | +€2,660 | +11.8% |
| Current assets | 29/58 | €627,735 | €691,943 | +€64,209 | +10.2% |
| Amounts receivable within one year | 40/41 | €118,625 | €269,128 | +€150,503 | +127% |
| Trade receivables | 40 | €44,653 | €132,307 | +€87,655 | +196% |
| Other amounts receivable | 41 | €73,972 | €136,821 | +€62,848 | +85.0% |
| Current investments | 50/53 | €150,337 | €151,469 | +€1,132 | +0.8% |
| Cash at bank and in hand | 54/58 | €311,796 | €225,263 | -€86,533 | -27.8% |
| Deferred charges and accrued income | 490/1 | €46,977 | €46,084 | -€893 | -1.9% |
| Total equity and liabilities | 10/49 | €818,528 | €1,140,541 | +€322,013 | +39.3% |
| Equity | 10/15 | €526,532 | €573,473 | +€46,941 | +8.9% |
| Contributions | 10/11 | €6,454 | €6,454 | = | 0.0% |
| Reserves | 13 | €89,101 | €89,101 | = | 0.0% |
| Non-distributable reserves | 130/1 | €645 | €645 | = | 0.0% |
| Reserves not available under the articles | 1311 | €645 | €645 | = | 0.0% |
| Distributable reserves | 133 | €88,455 | €88,455 | = | 0.0% |
| Profit (loss) carried forward | 14 | €430,977 | €477,918 | +€46,941 | +10.9% |
| Amounts payable | 17/49 | €291,996 | €567,068 | +€275,072 | +94.2% |
| Amounts payable after more than one year | 17 | - | €131,681 | +€131,681 | |
| Financial debts | 170/4 | - | €131,681 | +€131,681 | |
| Amounts payable within one year | 42/48 | €291,996 | €435,387 | +€143,391 | +49.1% |
| Current portion of amounts payable after more than one year | 42 | €5,978 | €40,271 | +€34,293 | +574% |
| Trade debts | 44 | €78,741 | €156,236 | +€77,494 | +98.4% |
| Suppliers | 440/4 | €78,741 | €156,236 | +€77,494 | +98.4% |
| Taxes, remuneration and social security | 45 | €207,015 | €238,619 | +€31,604 | +15.3% |
| Taxes | 450/3 | €84,755 | €86,544 | +€1,789 | +2.1% |
| Remuneration and social security | 454/9 | €122,260 | €152,075 | +€29,815 | +24.4% |
| Other amounts payable | 47/48 | €261 | €261 | = | 0.0% |
| Remuneration, social security and pensions | 62 | €809,408 | €858,731 | +€49,323 | +6.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €46,430 | €58,954 | +€12,525 | +27.0% |
| Other operating charges | 640/8 | €4,890 | €8,969 | +€4,080 | +83.4% |
| Non-recurring operating charges | 66A | €941 | €869 | -€73 | -7.7% |
| Gross operating margin | 9900 | €994,266 | €998,201 | +€3,935 | +0.4% |
| Operating profit (loss) | 9901 | €132,597 | €70,677 | -€61,920 | -46.7% |
| Financial income | 75/76B | €521 | €1,446 | +€925 | +178% |
| Recurring financial income | 75 | €521 | €1,446 | +€925 | +178% |
| Financial charges | 65/66B | €3,557 | €7,478 | +€3,921 | +110% |
| Recurring financial charges | 65 | €3,557 | €7,478 | +€3,921 | +110% |
| Profit (loss) for the period before taxes | 9903 | €129,561 | €64,646 | -€64,916 | -50.1% |
| Income taxes | 67/77 | €34,032 | €17,705 | -€16,327 | -48.0% |
| Profit (loss) for the period | 9904 | €95,529 | €46,941 | -€48,588 | -50.9% |
| Profit (loss) for the period to be appropriated | 9905 | €95,529 | €46,941 | -€48,588 | -50.9% |
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 18 October 2026 via checked.be.