GARAGE ALBERT: 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 ALBERT
Largest movements
- Stocks and contracts +€289,983
up €289,983 (+84.4%), from €343,684 to €633,666
- Cash +€102,351
up €102,351 (+64.3%), from €159,206 to €261,557
mainly Trade debts (+€332,272) and Net result for the year (+€139,138)
- Tangible fixed assets -€29,774
down €29,774 (-10.7%), from €278,247 to €248,474
of which Plant, machinery and equipment: -€50,826
- Receivables within one year -€16,384
down €16,384 (-4.8%), from €343,746 to €327,361
of which Trade receivables: -€25,301
- Trade debts +€332,272
up €332,272 (+75.7%), from €438,901 to €771,173
- Reserves +€75,000
up €75,000 (+20.5%), from €365,977 to €440,977
of which Distributable reserves: +€75,000
- Debts after one year -€62,496
down €62,496 (-73.9%), from €84,581 to €22,086
- Other debts -€19,923
down €19,923 (-24.9%), from €79,923 to €60,000
- Turnover -€8.3m
no longer reported in 2025 (was €8.3m)
- Purchases and services -€7.6m
no longer reported in 2025 (was €7.6m)
- Gross operating margin +€112,396
up €112,396 (+17.9%), from €629,129 to €741,525
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 | €1,155,960 | €1,492,241 | +€336,281 | +29.1% |
| Fixed assets | 21/28 | €279,347 | €249,574 | -€29,774 | -10.7% |
| Tangible fixed assets | 22/27 | €278,247 | €248,474 | -€29,774 | -10.7% |
| Land and buildings | 22 | €6,817 | €6,817 | = | 0.0% |
| Plant, machinery and equipment | 23 | €252,532 | €201,706 | -€50,826 | -20.1% |
| Furniture and vehicles | 24 | €18,898 | €39,951 | +€21,053 | +111% |
| Other tangible fixed assets | 26 | €0 | - | = | |
| Financial fixed assets | 28 | €1,100 | €1,100 | = | 0.0% |
| Current assets | 29/58 | €876,612 | €1,242,667 | +€366,055 | +41.8% |
| Amounts receivable after more than one year | 29 | €24,000 | €12,000 | -€12,000 | -50.0% |
| Other amounts receivable | 291 | €24,000 | €12,000 | -€12,000 | -50.0% |
| Stocks and contracts in progress | 3 | €343,684 | €633,666 | +€289,983 | +84.4% |
| Stocks | 30/36 | €343,684 | €633,666 | +€289,983 | +84.4% |
| Amounts receivable within one year | 40/41 | €343,746 | €327,361 | -€16,384 | -4.8% |
| Trade receivables | 40 | €208,121 | €182,820 | -€25,301 | -12.2% |
| Other amounts receivable | 41 | €135,624 | €144,541 | +€8,917 | +6.6% |
| Cash at bank and in hand | 54/58 | €159,206 | €261,557 | +€102,351 | +64.3% |
| Deferred charges and accrued income | 490/1 | €5,977 | €8,083 | +€2,105 | +35.2% |
| Total equity and liabilities | 10/49 | €1,155,960 | €1,492,241 | +€336,281 | +29.1% |
| Equity | 10/15 | €430,736 | €509,874 | +€79,138 | +18.4% |
| Contributions | 10/11 | €61,500 | €61,500 | = | 0.0% |
| Capital | 10 | €61,500 | €61,500 | = | 0.0% |
| Issued capital | 100 | €61,500 | €61,500 | = | 0.0% |
| Reserves | 13 | €365,977 | €440,977 | +€75,000 | +20.5% |
| Non-distributable reserves | 130/1 | €15,989 | €15,989 | = | 0.0% |
| Legal reserve | 130 | €15,989 | €15,989 | = | 0.0% |
| Tax-exempt reserves | 132 | €54,988 | €54,988 | = | 0.0% |
| Distributable reserves | 133 | €295,000 | €370,000 | +€75,000 | +25.4% |
| Profit (loss) carried forward | 14 | €3,259 | €7,397 | +€4,138 | +127% |
| Provisions and deferred taxes | 16 | €33,700 | €33,700 | = | 0.0% |
| Provisions for liabilities and charges | 160/5 | €33,700 | €33,700 | = | 0.0% |
| Other liabilities and charges | 164/5 | €33,700 | €33,700 | = | 0.0% |
| Amounts payable | 17/49 | €691,524 | €948,667 | +€257,143 | +37.2% |
| Amounts payable after more than one year | 17 | €84,581 | €22,086 | -€62,496 | -73.9% |
| Financial debts | 170/4 | €84,581 | €22,086 | -€62,496 | -73.9% |
| Amounts payable within one year | 42/48 | €606,943 | €926,582 | +€319,639 | +52.7% |
| Current portion of amounts payable after more than one year | 42 | €26,098 | €35,412 | +€9,314 | +35.7% |
| Trade debts | 44 | €438,901 | €771,173 | +€332,272 | +75.7% |
| Suppliers | 440/4 | €438,901 | €771,173 | +€332,272 | +75.7% |
| Taxes, remuneration and social security | 45 | €62,021 | €59,997 | -€2,024 | -3.3% |
| Taxes | 450/3 | €23,669 | €16,600 | -€7,069 | -29.9% |
| Remuneration and social security | 454/9 | €38,352 | €43,397 | +€5,044 | +13.2% |
| Other amounts payable | 47/48 | €79,923 | €60,000 | -€19,923 | -24.9% |
| Turnover | 70 | €8,258,233 | - | -€8.3m | |
| Non-recurring operating income | 76A | €1,348 | - | -€1,348 | |
| Goods, raw materials, services and sundry goods | 60/61 | €7,630,452 | - | -€7.6m | |
| Remuneration, social security and pensions | 62 | €512,565 | €483,647 | -€28,918 | -5.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €54,902 | €72,311 | +€17,409 | +31.7% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€5,573 | -€12,390 | -€6,817 | -122% |
| Other operating charges | 640/8 | €14,565 | €13,993 | -€573 | -3.9% |
| Gross operating margin | 9900 | €629,129 | €741,525 | +€112,396 | +17.9% |
| Operating profit (loss) | 9901 | €52,669 | €183,965 | +€131,295 | +249% |
| Financial income | 75/76B | €170 | €66 | -€103 | -60.8% |
| Recurring financial income | 75 | €170 | €66 | -€103 | -60.8% |
| Financial charges | 65/66B | €4,657 | €8,811 | +€4,154 | +89.2% |
| Recurring financial charges | 65 | €4,657 | €8,811 | +€4,154 | +89.2% |
| Profit (loss) for the period before taxes | 9903 | €48,182 | €175,220 | +€127,038 | +264% |
| Income taxes | 67/77 | €5,754 | €36,083 | +€30,329 | +527% |
| Profit (loss) for the period | 9904 | €42,428 | €139,138 | +€96,710 | +228% |
| Profit (loss) for the period to be appropriated | 9905 | €42,428 | €139,138 | +€96,710 | +228% |
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 16 October 2026 via checked.be.