Garage Adams: 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.
Garage Adams
Largest movements
- Stocks and contracts -€56,337
down €56,337 (-49.4%), from €114,022 to €57,685
- Cash +€38,062
up €38,062 (+72.2%), from €52,690 to €90,751
mainly Stocks and contracts (+€56,337) and Net result for the year (+€36,657)
- Receivables within one year +€9,004
up €9,004 (+113%), from €7,963 to €16,967
- Tangible fixed assets -€8,818
down €8,818 (-7.1%), from €124,799 to €115,981
of which Land and buildings: -€11,672
- Debts after one year -€49,418
down €49,418 (-29.1%), from €169,587 to €120,169
- Reserves +€36,657
up €36,657 (+55.1%), from €66,500 to €103,157
- Trade debts -€8,016
down €8,016 (-38.9%), from €20,597 to €12,581
- Other debts +€4,099
up €4,099 (+207%), from €1,984 to €6,082
- Gross operating margin +€11,901
up €11,901 (+12.6%), from €94,440 to €106,341
- Staff costs +€8,524
new in 2025: €8,524
- Financial charges +€4,447
up €4,447 (+86.0%), from €5,171 to €9,618
- Depreciation -€2,429
down €2,429 (-6.8%), from €35,605 to €33,176
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 | €305,048 | €287,835 | -€17,213 | -5.6% |
| Fixed assets | 21/28 | €124,799 | €115,981 | -€8,818 | -7.1% |
| Tangible fixed assets | 22/27 | €124,799 | €115,981 | -€8,818 | -7.1% |
| Land and buildings | 22 | €104,593 | €92,921 | -€11,672 | -11.2% |
| Plant, machinery and equipment | 23 | €12,816 | €17,247 | +€4,432 | +34.6% |
| Furniture and vehicles | 24 | €7,390 | €5,812 | -€1,578 | -21.4% |
| Current assets | 29/58 | €180,249 | €171,854 | -€8,395 | -4.7% |
| Stocks and contracts in progress | 3 | €114,022 | €57,685 | -€56,337 | -49.4% |
| Stocks | 30/36 | €114,022 | €57,685 | -€56,337 | -49.4% |
| Amounts receivable within one year | 40/41 | €7,963 | €16,967 | +€9,004 | +113% |
| Trade receivables | 40 | €7,963 | €16,967 | +€9,004 | +113% |
| Cash at bank and in hand | 54/58 | €52,690 | €90,751 | +€38,062 | +72.2% |
| Deferred charges and accrued income | 490/1 | €5,575 | €6,451 | +€876 | +15.7% |
| Total equity and liabilities | 10/49 | €305,048 | €287,835 | -€17,213 | -5.6% |
| Equity | 10/15 | €85,100 | €121,757 | +€36,657 | +43.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €66,500 | €103,157 | +€36,657 | +55.1% |
| Distributable reserves | 133 | €66,500 | €103,157 | +€36,657 | +55.1% |
| Amounts payable | 17/49 | €219,948 | €166,078 | -€53,870 | -24.5% |
| Amounts payable after more than one year | 17 | €169,587 | €120,169 | -€49,418 | -29.1% |
| Financial debts | 170/4 | €169,587 | €120,169 | -€49,418 | -29.1% |
| Amounts payable within one year | 42/48 | €47,456 | €45,840 | -€1,616 | -3.4% |
| Current portion of amounts payable after more than one year | 42 | €16,084 | €16,618 | +€534 | +3.3% |
| Trade debts | 44 | €20,597 | €12,581 | -€8,016 | -38.9% |
| Suppliers | 440/4 | €20,597 | €12,581 | -€8,016 | -38.9% |
| Taxes, remuneration and social security | 45 | €8,791 | €10,558 | +€1,767 | +20.1% |
| Taxes | 450/3 | €6,791 | €10,558 | +€3,767 | +55.5% |
| Remuneration and social security | 454/9 | €2,000 | - | -€2,000 | |
| Other amounts payable | 47/48 | €1,984 | €6,082 | +€4,099 | +207% |
| Accrued charges and deferred income | 492/3 | €2,905 | €69 | -€2,836 | -97.6% |
| Remuneration, social security and pensions | 62 | - | €8,524 | +€8,524 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €35,605 | €33,176 | -€2,429 | -6.8% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €809 | +€809 | |
| Other operating charges | 640/8 | €202 | €168 | -€34 | -16.9% |
| Gross operating margin | 9900 | €94,440 | €106,341 | +€11,901 | +12.6% |
| Operating profit (loss) | 9901 | €58,633 | €63,665 | +€5,031 | +8.6% |
| Financial income | 75/76B | €80 | €63 | -€18 | -22.2% |
| Recurring financial income | 75 | €80 | €63 | -€18 | -22.2% |
| Financial charges | 65/66B | €5,171 | €9,618 | +€4,447 | +86.0% |
| Recurring financial charges | 65 | €5,171 | €9,618 | +€4,447 | +86.0% |
| Profit (loss) for the period before taxes | 9903 | €53,543 | €54,109 | +€566 | +1.1% |
| Income taxes | 67/77 | €17,231 | €17,452 | +€221 | +1.3% |
| Profit (loss) for the period | 9904 | €36,312 | €36,657 | +€345 | +0.9% |
| Profit (loss) for the period to be appropriated | 9905 | €36,312 | €36,657 | +€345 | +0.9% |
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 25 October 2026 via checked.be.