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
- Receivables within one year +€11,147
up €11,147 (+153%), from €7,283 to €18,430
- Cash -€7,130
down €7,130 (-78.8%), from €9,047 to €1,918
mainly Receivables within one year (-€11,147) and Advances received (-€7,450)
- Deferred charges and accrued income -€6,287
down €6,287 (-98.2%), from €6,404 to €116
- Stocks and contracts -€2,730
down €2,730 (-3.4%), from €79,991 to €77,261
- Advances received -€7,450
no longer reported in 2025 (was €7,450)
- Reserves +€3,786
up €3,786 (+8.0%), from €47,276 to €51,063
- Gross operating margin -€6,236
down €6,236 (-40.2%), from €15,532 to €9,296
- Other operating charges -€2,086
down €2,086 (-42.5%), from €4,912 to €2,827
- Taxes -€648
down €648 (-97.7%), from €663 to €15
- Financial charges -€531
down €531 (-24.3%), from €2,186 to €1,655
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 | €103,241 | €98,031 | -€5,210 | -5.0% |
| Fixed assets | 21/28 | €516 | €306 | -€210 | -40.7% |
| Tangible fixed assets | 22/27 | €516 | €306 | -€210 | -40.7% |
| Plant, machinery and equipment | 23 | €396 | €306 | -€91 | -22.9% |
| Furniture and vehicles | 24 | €119 | - | -€119 | |
| Current assets | 29/58 | €102,725 | €97,725 | -€5,000 | -4.9% |
| Stocks and contracts in progress | 3 | €79,991 | €77,261 | -€2,730 | -3.4% |
| Stocks | 30/36 | €79,991 | €77,261 | -€2,730 | -3.4% |
| Amounts receivable within one year | 40/41 | €7,283 | €18,430 | +€11,147 | +153% |
| Trade receivables | 40 | €7,283 | €18,430 | +€11,147 | +153% |
| Cash at bank and in hand | 54/58 | €9,047 | €1,918 | -€7,130 | -78.8% |
| Deferred charges and accrued income | 490/1 | €6,404 | €116 | -€6,287 | -98.2% |
| Total equity and liabilities | 10/49 | €103,241 | €98,031 | -€5,210 | -5.0% |
| Equity | 10/15 | €65,868 | €69,655 | +€3,786 | +5.7% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €47,276 | €51,063 | +€3,786 | +8.0% |
| Distributable reserves | 133 | €47,276 | €51,063 | +€3,786 | +8.0% |
| Amounts payable | 17/49 | €37,372 | €28,376 | -€8,996 | -24.1% |
| Amounts payable within one year | 42/48 | €33,368 | €25,176 | -€8,192 | -24.5% |
| Financial debts | 43 | €12,741 | €13,241 | +€500 | +3.9% |
| Credit institutions | 430/8 | €12,741 | €13,241 | +€500 | +3.9% |
| Trade debts | 44 | €8,403 | €7,833 | -€570 | -6.8% |
| Suppliers | 440/4 | €8,403 | €7,833 | -€570 | -6.8% |
| Advances received on contracts in progress | 46 | €7,450 | - | -€7,450 | |
| Taxes, remuneration and social security | 45 | €3,877 | €3,449 | -€428 | -11.0% |
| Taxes | 450/3 | €3,877 | €3,449 | -€428 | -11.0% |
| Other amounts payable | 47/48 | €897 | €653 | -€244 | -27.2% |
| Accrued charges and deferred income | 492/3 | €4,004 | €3,200 | -€805 | -20.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €242 | €210 | -€32 | -13.4% |
| Other operating charges | 640/8 | €4,912 | €2,827 | -€2,086 | -42.5% |
| Gross operating margin | 9900 | €15,532 | €9,296 | -€6,236 | -40.2% |
| Operating profit (loss) | 9901 | €10,377 | €6,259 | -€4,118 | -39.7% |
| Financial income | 75/76B | €7 | €98 | +€91 | +1,330% |
| Recurring financial income | 75 | €7 | €98 | +€91 | +1,330% |
| Financial charges | 65/66B | €2,186 | €1,655 | -€531 | -24.3% |
| Recurring financial charges | 65 | €2,186 | €1,655 | -€531 | -24.3% |
| Profit (loss) for the period before taxes | 9903 | €8,198 | €4,702 | -€3,496 | -42.6% |
| Income taxes | 67/77 | €663 | €15 | -€648 | -97.7% |
| Profit (loss) for the period | 9904 | €7,534 | €4,686 | -€2,848 | -37.8% |
| Profit (loss) for the period to be appropriated | 9905 | €7,534 | €4,686 | -€2,848 | -37.8% |
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 27 October 2026 via checked.be.