GARAGE BASTIN: 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 BASTIN
Largest movements
- Cash +€45,483
up €45,483 (+45.0%), from €100,995 to €146,478
mainly Net result for the year (+€25,359) and Depreciation (+€19,290)
- Tangible fixed assets -€13,746
down €13,746 (-17.1%), from €80,251 to €66,505
of which Plant, machinery and equipment: -€8,074
- Receivables within one year -€8,600
down €8,600 (-27.1%), from €31,769 to €23,169
of which Trade receivables: -€6,253
- Formation expenses -€3,969
down €3,969 (-15.1%), from €26,236 to €22,267
- Reserves +€25,000
up €25,000 (+32.6%), from €76,584 to €101,584
of which Distributable reserves: +€25,000
- Debts after one year -€4,996
down €4,996 (-43.9%), from €11,379 to €6,383
- Gross operating margin +€29,993
up €29,993 (+48.4%), from €61,986 to €91,980
- Taxes +€9,132
up €9,132 (+321%), from €2,849 to €11,981
- Depreciation +€1,540
up €1,540 (+8.7%), from €17,750 to €19,290
- Other operating charges +€1,297
up €1,297 (+24.6%), from €5,266 to €6,563
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 | €285,860 | €304,679 | +€18,819 | +6.6% |
| Formation expenses | 20 | €26,236 | €22,267 | -€3,969 | -15.1% |
| Fixed assets | 21/28 | €88,744 | €75,483 | -€13,262 | -14.9% |
| Intangible fixed assets | 21 | €0 | €0 | = | |
| Tangible fixed assets | 22/27 | €80,251 | €66,505 | -€13,746 | -17.1% |
| Land and buildings | 22 | €41,717 | €36,217 | -€5,500 | -13.2% |
| Plant, machinery and equipment | 23 | €38,231 | €30,157 | -€8,074 | -21.1% |
| Furniture and vehicles | 24 | €304 | €131 | -€173 | -56.9% |
| Financial fixed assets | 28 | €8,493 | €8,977 | +€484 | +5.7% |
| Current assets | 29/58 | €170,880 | €206,929 | +€36,049 | +21.1% |
| Stocks and contracts in progress | 3 | €34,941 | €34,118 | -€823 | -2.4% |
| Stocks | 30/36 | €34,941 | €34,118 | -€823 | -2.4% |
| Amounts receivable within one year | 40/41 | €31,769 | €23,169 | -€8,600 | -27.1% |
| Trade receivables | 40 | €28,214 | €21,961 | -€6,253 | -22.2% |
| Other amounts receivable | 41 | €3,555 | €1,208 | -€2,347 | -66.0% |
| Cash at bank and in hand | 54/58 | €100,995 | €146,478 | +€45,483 | +45.0% |
| Deferred charges and accrued income | 490/1 | €3,175 | €3,164 | -€11 | -0.3% |
| Total equity and liabilities | 10/49 | €285,860 | €304,679 | +€18,819 | +6.6% |
| Equity | 10/15 | €162,107 | €187,466 | +€25,359 | +15.6% |
| Contributions | 10/11 | €30,987 | €30,987 | = | 0.0% |
| Reserves | 13 | €76,584 | €101,584 | +€25,000 | +32.6% |
| Tax-exempt reserves | 132 | €13,985 | €13,985 | = | 0.0% |
| Distributable reserves | 133 | €62,599 | €87,599 | +€25,000 | +39.9% |
| Profit (loss) carried forward | 14 | €54,537 | €54,895 | +€359 | +0.7% |
| Amounts payable | 17/49 | €123,753 | €117,213 | -€6,540 | -5.3% |
| Amounts payable after more than one year | 17 | €11,379 | €6,383 | -€4,996 | -43.9% |
| Financial debts | 170/4 | €11,379 | €6,383 | -€4,996 | -43.9% |
| Amounts payable within one year | 42/48 | €112,375 | €110,830 | -€1,545 | -1.4% |
| Current portion of amounts payable after more than one year | 42 | €6,597 | €7,099 | +€502 | +7.6% |
| Trade debts | 44 | €66,423 | €64,014 | -€2,409 | -3.6% |
| Suppliers | 440/4 | €66,423 | €64,014 | -€2,409 | -3.6% |
| Taxes, remuneration and social security | 45 | €6,113 | €7,866 | +€1,753 | +28.7% |
| Taxes | 450/3 | €1,793 | €1,784 | -€9 | -0.5% |
| Remuneration and social security | 454/9 | €4,319 | €6,081 | +€1,762 | +40.8% |
| Other amounts payable | 47/48 | €33,242 | €31,852 | -€1,390 | -4.2% |
| Remuneration, social security and pensions | 62 | €28,438 | €28,437 | -€1 | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €17,750 | €19,290 | +€1,540 | +8.7% |
| Other operating charges | 640/8 | €5,266 | €6,563 | +€1,297 | +24.6% |
| Gross operating margin | 9900 | €61,986 | €91,980 | +€29,993 | +48.4% |
| Operating profit (loss) | 9901 | €10,533 | €37,689 | +€27,157 | +258% |
| Financial income | 75/76B | €768 | €932 | +€164 | +21.4% |
| Recurring financial income | 75 | €768 | €932 | +€164 | +21.4% |
| Financial charges | 65/66B | €1,799 | €1,282 | -€517 | -28.8% |
| Recurring financial charges | 65 | €1,799 | €1,282 | -€517 | -28.8% |
| Profit (loss) for the period before taxes | 9903 | €9,502 | €37,340 | +€27,838 | +293% |
| Income taxes | 67/77 | €2,849 | €11,981 | +€9,132 | +321% |
| Profit (loss) for the period | 9904 | €6,652 | €25,359 | +€18,706 | +281% |
| Profit (loss) for the period to be appropriated | 9905 | €6,652 | €25,359 | +€18,706 | +281% |
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 23 October 2026 via checked.be.