GARAGE & AUTOHANDEL BAS: 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.
What changed
GARAGE & AUTOHANDEL BAS
NACE 47.811, Retail sale of cars and light vans (up to 3.5 tonnes)
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€216,636
2024 · €128,219+€88,417
Equity
€937,681
2024 · €721,045+€216,636
Cash
€159,420
2024 · €164,486-€5,066
Balance sheet total
€2.0m
2024 · €1.8m+€129,014
Largest movements
Assets
- Stocks and contracts +€121,369
up €121,369 (+9.2%), from €1.3m to €1.4m
- Receivables within one year +€38,381
up €38,381 (+122%), from €31,391 to €69,772
of which Trade receivables: +€38,082
Equity and liabilities
- Reserves +€216,636
up €216,636 (+30.8%), from €702,445 to €919,081
of which Distributable reserves: +€216,636
- Other debts -€52,391
down €52,391 (-5.7%), from €917,372 to €864,982
Income statement
- Gross operating margin +€111,043
up €111,043 (+25.9%), from €428,835 to €539,878
- Taxes +€18,119
up €18,119 (+36.2%), from €50,041 to €68,160
- Write-downs -€6,200
down €6,200, from €2,713 to -€3,487
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.
Result 2024
€128,219
Gross operating margin
+€111,043
Staff costs
-€3,677
Depreciation
-€1,730
Write-downs
+€6,200
Other operating charges
-€2,030
Financial income
-€12
Financial charges
-€3,257
Taxes
-€18,119
Result 2025
€216,636
raises the resultlowers the result
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.
From operations
+€17,428
Investment
-€8,858
Financing
-€13,636
Cash 2024
€164,486
From operations (derived)
+€17,428
Net result for the year
+€216,636
Depreciation
+€38,870
Stocks and contracts
-€121,369
Receivables within one year
-€38,381
Deferred charges and accrued income
-€4,342
Trade debts
-€13,358
Tax, wage and social debts
-€8,213
Other debts
-€52,391
Accrued charges and deferred income
-€24
Investment (derived)
-€8,858
Investment in fixed assets (net)
-€8,858
Financing
-€13,636
Debts after one year
-€13,904
Current portion of long-term debt
+€268
Cash 2025
€159,420
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,844,380 | €1,973,394 | +€129,014 | +7.0% |
| Fixed assets | 21/28 | €319,254 | €289,242 | -€30,012 | -9.4% |
| Intangible fixed assets | 21 | €45,000 | €30,000 | -€15,000 | -33.3% |
| Tangible fixed assets | 22/27 | €273,754 | €258,742 | -€15,012 | -5.5% |
| Land and buildings | 22 | €266,598 | €251,337 | -€15,261 | -5.7% |
| Plant, machinery and equipment | 23 | €4,642 | €5,399 | +€757 | +16.3% |
| Furniture and vehicles | 24 | €2,514 | €2,006 | -€509 | -20.2% |
| Financial fixed assets | 28 | €500 | €500 | = | 0.0% |
| Current assets | 29/58 | €1,525,126 | €1,684,152 | +€159,027 | +10.4% |
| Stocks and contracts in progress | 3 | €1,321,883 | €1,443,252 | +€121,369 | +9.2% |
| Stocks | 30/36 | €1,321,883 | €1,443,252 | +€121,369 | +9.2% |
| Amounts receivable within one year | 40/41 | €31,391 | €69,772 | +€38,381 | +122% |
| Trade receivables | 40 | €31,391 | €69,473 | +€38,082 | +121% |
| Other amounts receivable | 41 | €0 | €299 | +€299 | |
| Cash at bank and in hand | 54/58 | €164,486 | €159,420 | -€5,066 | -3.1% |
| Deferred charges and accrued income | 490/1 | €7,366 | €11,708 | +€4,342 | +58.9% |
| Total equity and liabilities | 10/49 | €1,844,380 | €1,973,394 | +€129,014 | +7.0% |
| Equity | 10/15 | €721,045 | €937,681 | +€216,636 | +30.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €702,445 | €919,081 | +€216,636 | +30.8% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €702,445 | €919,081 | +€216,636 | +30.8% |
| Profit (loss) carried forward | 14 | €0 | - | = | |
| Amounts payable | 17/49 | €1,123,335 | €1,035,713 | -€87,621 | -7.8% |
| Amounts payable after more than one year | 17 | €82,495 | €68,591 | -€13,904 | -16.9% |
| Financial debts | 170/4 | €82,495 | €68,591 | -€13,904 | -16.9% |
| Amounts payable within one year | 42/48 | €1,039,533 | €965,840 | -€73,694 | -7.1% |
| Current portion of amounts payable after more than one year | 42 | €13,636 | €13,904 | +€268 | +2.0% |
| Trade debts | 44 | €55,141 | €41,783 | -€13,358 | -24.2% |
| Suppliers | 440/4 | €55,141 | €41,783 | -€13,358 | -24.2% |
| Taxes, remuneration and social security | 45 | €53,384 | €45,171 | -€8,213 | -15.4% |
| Taxes | 450/3 | €27,391 | €32,164 | +€4,774 | +17.4% |
| Remuneration and social security | 454/9 | €25,994 | €13,007 | -€12,987 | -50.0% |
| Other amounts payable | 47/48 | €917,372 | €864,982 | -€52,391 | -5.7% |
| Accrued charges and deferred income | 492/3 | €1,306 | €1,282 | -€24 | -1.8% |
| Remuneration, social security and pensions | 62 | €148,810 | €152,488 | +€3,677 | +2.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €37,140 | €38,870 | +€1,730 | +4.7% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €2,713 | -€3,487 | -€6,200 | |
| Other operating charges | 640/8 | €11,135 | €13,165 | +€2,030 | +18.2% |
| Gross operating margin | 9900 | €428,835 | €539,878 | +€111,043 | +25.9% |
| Operating profit (loss) | 9901 | €229,037 | €338,843 | +€109,806 | +47.9% |
| Financial income | 75/76B | €110 | €98 | -€12 | -11.0% |
| Recurring financial income | 75 | €110 | €98 | -€12 | -11.0% |
| Financial charges | 65/66B | €50,887 | €54,144 | +€3,257 | +6.4% |
| Recurring financial charges | 65 | €50,887 | €54,144 | +€3,257 | +6.4% |
| Profit (loss) for the period before taxes | 9903 | €178,260 | €284,796 | +€106,536 | +59.8% |
| Income taxes | 67/77 | €50,041 | €68,160 | +€18,119 | +36.2% |
| Profit (loss) for the period | 9904 | €128,219 | €216,636 | +€88,417 | +69.0% |
| Profit (loss) for the period to be appropriated | 9905 | €128,219 | €216,636 | +€88,417 | +69.0% |
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.