B.Serious 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.
B.Serious Garage
Largest movements
- Tangible fixed assets +€22,747
up €22,747 (+137%), from €16,605 to €39,353
of which Land and buildings: +€15,213
- Cash -€4,886
down €4,886 (-26.0%), from €18,791 to €13,905
mainly Investment in fixed assets (net) (-€28,785) and Receivables within one year (-€4,076)
- Receivables within one year +€4,076
new in 2025: €4,076
of which Other amounts receivable: +€3,782
- Stocks and contracts -€999
down €999 (-8.1%), from €12,356 to €11,357
- Formation expenses -€911
down €911 (-100%), from €911 to €0
- Debts after one year +€11,572
up €11,572 (+143%), from €8,087 to €19,659
- Current portion of long-term debt +€7,901
new in 2025: €7,901
- Profit (loss) carried forward +€1,117
up €1,117 (+21.6%), from €5,173 to €6,290
- Depreciation +€4,906
up €4,906 (+240%), from €2,043 to €6,949
- Taxes -€1,610
down €1,610 (-100%), from €1,610 to €0
- Financial charges +€1,132
up €1,132 (+554%), from €204 to €1,336
- Gross operating margin +€582
up €582 (+6.2%), from €9,417 to €9,999
- Other operating charges +€211
up €211 (+54.4%), from €387 to €598
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 | €48,663 | €68,690 | +€20,027 | +41.2% |
| Formation expenses | 20 | €911 | €0 | -€911 | -100% |
| Fixed assets | 21/28 | €16,605 | €39,353 | +€22,747 | +137% |
| Tangible fixed assets | 22/27 | €16,605 | €39,353 | +€22,747 | +137% |
| Land and buildings | 22 | - | €15,213 | +€15,213 | |
| Plant, machinery and equipment | 23 | €7,679 | €18,600 | +€10,921 | +142% |
| Furniture and vehicles | 24 | €8,927 | €5,540 | -€3,387 | -37.9% |
| Current assets | 29/58 | €31,147 | €29,337 | -€1,809 | -5.8% |
| Stocks and contracts in progress | 3 | €12,356 | €11,357 | -€999 | -8.1% |
| Stocks | 30/36 | €12,356 | €11,357 | -€999 | -8.1% |
| Amounts receivable within one year | 40/41 | - | €4,076 | +€4,076 | |
| Trade receivables | 40 | - | €294 | +€294 | |
| Other amounts receivable | 41 | - | €3,782 | +€3,782 | |
| Cash at bank and in hand | 54/58 | €18,791 | €13,905 | -€4,886 | -26.0% |
| Total equity and liabilities | 10/49 | €48,663 | €68,690 | +€20,027 | +41.2% |
| Equity | 10/15 | €8,173 | €9,290 | +€1,117 | +13.7% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €5,173 | €6,290 | +€1,117 | +21.6% |
| Amounts payable | 17/49 | €40,490 | €59,400 | +€18,910 | +46.7% |
| Amounts payable after more than one year | 17 | €8,087 | €19,659 | +€11,572 | +143% |
| Financial debts | 170/4 | €8,087 | €19,659 | +€11,572 | +143% |
| Amounts payable within one year | 42/48 | €32,403 | €39,741 | +€7,339 | +22.6% |
| Current portion of amounts payable after more than one year | 42 | - | €7,901 | +€7,901 | |
| Trade debts | 44 | €27,149 | €27,126 | -€23 | -0.1% |
| Suppliers | 440/4 | €27,149 | €27,126 | -€23 | -0.1% |
| Taxes, remuneration and social security | 45 | €5,253 | €4,714 | -€539 | -10.3% |
| Taxes | 450/3 | €5,253 | €4,714 | -€539 | -10.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,043 | €6,949 | +€4,906 | +240% |
| Other operating charges | 640/8 | €387 | €598 | +€211 | +54.4% |
| Gross operating margin | 9900 | €9,417 | €9,999 | +€582 | +6.2% |
| Operating profit (loss) | 9901 | €6,987 | €2,452 | -€4,535 | -64.9% |
| Financial income | 75/76B | - | €1 | +€1 | |
| Recurring financial income | 75 | - | €1 | +€1 | |
| Financial charges | 65/66B | €204 | €1,336 | +€1,132 | +554% |
| Recurring financial charges | 65 | €204 | €1,336 | +€1,132 | +554% |
| Profit (loss) for the period before taxes | 9903 | €6,782 | €1,117 | -€5,666 | -83.5% |
| Income taxes | 67/77 | €1,610 | €0 | -€1,610 | -100% |
| Profit (loss) for the period | 9904 | €5,173 | €1,117 | -€4,056 | -78.4% |
| Profit (loss) for the period to be appropriated | 9905 | €5,173 | €1,117 | -€4,056 | -78.4% |
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 31 October 2026 via checked.be.