Centrum 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.
Centrum Garage
Largest movements
- Stocks and contracts +€58,288
up €58,288 (+22.2%), from €262,442 to €320,730
- Receivables within one year -€50,293
down €50,293 (-80.8%), from €62,220 to €11,927
of which Trade receivables: -€27,896
- Cash +€42,335
up €42,335 (+12.2%), from €345,759 to €388,094
mainly Net result for the year (+€75,541) and Receivables within one year (+€50,293)
- Tangible fixed assets -€36,008
down €36,008 (-18.3%), from €196,369 to €160,361
- Trade debts +€42,476
up €42,476 (+250%), from €16,994 to €59,470
- Debts after one year -€29,985
down €29,985 (-25.6%), from €117,145 to €87,160
- Gross operating margin +€75,147
up €75,147 (+26.1%), from €287,891 to €363,038
- Write-downs +€53,950
up €53,950, from -€34,521 to €19,429
- Staff costs +€19,691
up €19,691 (+11.4%), from €173,251 to €192,942
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 | €953,216 | €967,306 | +€14,090 | +1.5% |
| Fixed assets | 21/28 | €197,069 | €161,061 | -€36,008 | -18.3% |
| Tangible fixed assets | 22/27 | €196,369 | €160,361 | -€36,008 | -18.3% |
| Land and buildings | 22 | €159,300 | €141,600 | -€17,700 | -11.1% |
| Plant, machinery and equipment | 23 | €14,427 | €7,580 | -€6,847 | -47.5% |
| Furniture and vehicles | 24 | €22,643 | €11,182 | -€11,461 | -50.6% |
| Financial fixed assets | 28 | €700 | €700 | = | 0.0% |
| Current assets | 29/58 | €756,146 | €806,245 | +€50,099 | +6.6% |
| Stocks and contracts in progress | 3 | €262,442 | €320,730 | +€58,288 | +22.2% |
| Stocks | 30/36 | €262,442 | €320,730 | +€58,288 | +22.2% |
| Amounts receivable within one year | 40/41 | €62,220 | €11,927 | -€50,293 | -80.8% |
| Trade receivables | 40 | €36,107 | €8,211 | -€27,896 | -77.3% |
| Other amounts receivable | 41 | €26,113 | €3,716 | -€22,397 | -85.8% |
| Current investments | 50/53 | €83,388 | €83,738 | +€350 | +0.4% |
| Cash at bank and in hand | 54/58 | €345,759 | €388,094 | +€42,335 | +12.2% |
| Deferred charges and accrued income | 490/1 | €2,337 | €1,756 | -€581 | -24.9% |
| Total equity and liabilities | 10/49 | €953,216 | €967,306 | +€14,090 | +1.5% |
| Equity | 10/15 | €770,726 | €778,267 | +€7,541 | +1.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €752,126 | €759,667 | +€7,541 | +1.0% |
| Distributable reserves | 133 | €752,126 | €759,667 | +€7,541 | +1.0% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €182,490 | €189,039 | +€6,549 | +3.6% |
| Amounts payable after more than one year | 17 | €117,145 | €87,160 | -€29,985 | -25.6% |
| Financial debts | 170/4 | €117,145 | €87,160 | -€29,985 | -25.6% |
| Amounts payable within one year | 42/48 | €65,345 | €101,880 | +€36,534 | +55.9% |
| Current portion of amounts payable after more than one year | 42 | €29,114 | €29,985 | +€871 | +3.0% |
| Trade debts | 44 | €16,994 | €59,470 | +€42,476 | +250% |
| Suppliers | 440/4 | €16,994 | €59,470 | +€42,476 | +250% |
| Taxes, remuneration and social security | 45 | €19,237 | €12,424 | -€6,813 | -35.4% |
| Taxes | 450/3 | €9,079 | €4,067 | -€5,013 | -55.2% |
| Remuneration and social security | 454/9 | €10,158 | €8,358 | -€1,800 | -17.7% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Remuneration, social security and pensions | 62 | €173,251 | €192,942 | +€19,691 | +11.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €35,079 | €37,907 | +€2,829 | +8.1% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€34,521 | €19,429 | +€53,950 | |
| Other operating charges | 640/8 | €3,538 | €6,022 | +€2,485 | +70.2% |
| Gross operating margin | 9900 | €287,891 | €363,038 | +€75,147 | +26.1% |
| Operating profit (loss) | 9901 | €110,544 | €106,736 | -€3,808 | -3.4% |
| Financial income | 75/76B | €1,799 | €1,324 | -€475 | -26.4% |
| Recurring financial income | 75 | €1,799 | €1,324 | -€475 | -26.4% |
| Financial charges | 65/66B | €4,019 | €4,945 | +€926 | +23.0% |
| Recurring financial charges | 65 | €4,019 | €4,945 | +€926 | +23.0% |
| Profit (loss) for the period before taxes | 9903 | €108,324 | €103,115 | -€5,209 | -4.8% |
| Income taxes | 67/77 | €28,972 | €27,574 | -€1,398 | -4.8% |
| Profit (loss) for the period | 9904 | €79,352 | €75,541 | -€3,811 | -4.8% |
| Profit (loss) for the period to be appropriated | 9905 | €79,352 | €75,541 | -€3,811 | -4.8% |
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 28 October 2026 via checked.be.