Garage Aerts: 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 Aerts
Largest movements
- Tangible fixed assets -€34,277
down €34,277 (-10.8%), from €317,775 to €283,498
of which Land and buildings: -€25,178
- Cash +€26,720
up €26,720 (+53.3%), from €50,115 to €76,835
mainly Depreciation (+€34,637) and Receivables within one year (+€12,969)
- Receivables within one year -€12,969
down €12,969 (-40.0%), from €32,403 to €19,434
of which Trade receivables: -€17,660
- Stocks and contracts +€4,924
up €4,924 (+28.3%), from €17,415 to €22,339
- Debts after one year -€27,490
down €27,490 (-10.0%), from €273,619 to €246,130
- Reserves +€6,508
up €6,508 (+18.8%), from €34,675 to €41,184
- Trade debts +€4,562
up €4,562 (+29.2%), from €15,637 to €20,199
- Gross operating margin -€21,311
down €21,311 (-29.9%), from €71,206 to €49,895
- Depreciation +€1,375
up €1,375 (+4.1%), from €33,262 to €34,637
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 | €418,827 | €402,939 | -€15,888 | -3.8% |
| Fixed assets | 21/28 | €318,326 | €283,690 | -€34,637 | -10.9% |
| Intangible fixed assets | 21 | €551 | €191 | -€360 | -65.3% |
| Tangible fixed assets | 22/27 | €317,775 | €283,498 | -€34,277 | -10.8% |
| Land and buildings | 22 | €294,803 | €269,625 | -€25,178 | -8.5% |
| Plant, machinery and equipment | 23 | €7,550 | €5,259 | -€2,290 | -30.3% |
| Furniture and vehicles | 24 | €15,423 | €8,614 | -€6,809 | -44.1% |
| Current assets | 29/58 | €100,500 | €119,250 | +€18,749 | +18.7% |
| Stocks and contracts in progress | 3 | €17,415 | €22,339 | +€4,924 | +28.3% |
| Stocks | 30/36 | €17,415 | €22,339 | +€4,924 | +28.3% |
| Amounts receivable within one year | 40/41 | €32,403 | €19,434 | -€12,969 | -40.0% |
| Trade receivables | 40 | €31,734 | €14,074 | -€17,660 | -55.6% |
| Other amounts receivable | 41 | €669 | €5,360 | +€4,691 | +702% |
| Cash at bank and in hand | 54/58 | €50,115 | €76,835 | +€26,720 | +53.3% |
| Deferred charges and accrued income | 490/1 | €568 | €642 | +€74 | +13.0% |
| Total equity and liabilities | 10/49 | €418,827 | €402,939 | -€15,888 | -3.8% |
| Equity | 10/15 | €40,875 | €47,384 | +€6,508 | +15.9% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €34,675 | €41,184 | +€6,508 | +18.8% |
| Distributable reserves | 133 | €34,675 | €41,184 | +€6,508 | +18.8% |
| Amounts payable | 17/49 | €377,952 | €355,556 | -€22,396 | -5.9% |
| Amounts payable after more than one year | 17 | €273,619 | €246,130 | -€27,490 | -10.0% |
| Financial debts | 170/4 | €273,619 | €246,130 | -€27,490 | -10.0% |
| Amounts payable within one year | 42/48 | €104,332 | €109,379 | +€5,047 | +4.8% |
| Current portion of amounts payable after more than one year | 42 | €28,842 | €29,482 | +€640 | +2.2% |
| Trade debts | 44 | €15,637 | €20,199 | +€4,562 | +29.2% |
| Suppliers | 440/4 | €15,637 | €20,199 | +€4,562 | +29.2% |
| Other amounts payable | 47/48 | €59,853 | €59,698 | -€155 | -0.3% |
| Accrued charges and deferred income | 492/3 | - | €47 | +€47 | |
| Non-recurring operating income | 76A | €18,247 | €2,083 | -€16,164 | -88.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €33,262 | €34,637 | +€1,375 | +4.1% |
| Other operating charges | 640/8 | €2,149 | €2,405 | +€256 | +11.9% |
| Gross operating margin | 9900 | €71,206 | €49,895 | -€21,311 | -29.9% |
| Operating profit (loss) | 9901 | €35,795 | €12,853 | -€22,942 | -64.1% |
| Financial income | 75/76B | €237 | €341 | +€104 | +43.8% |
| Recurring financial income | 75 | €237 | €341 | +€104 | +43.8% |
| Financial charges | 65/66B | €7,302 | €6,686 | -€616 | -8.4% |
| Recurring financial charges | 65 | €7,302 | €6,686 | -€616 | -8.4% |
| Profit (loss) for the period before taxes | 9903 | €28,731 | €6,508 | -€22,222 | -77.3% |
| Profit (loss) for the period | 9904 | €28,731 | €6,508 | -€22,222 | -77.3% |
| Profit (loss) for the period to be appropriated | 9905 | €28,731 | €6,508 | -€22,222 | -77.3% |
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 20 October 2026 via checked.be.