GARAGE BEEL: 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 BEEL
Largest movements
- Receivables within one year +€13,530
up €13,530 (+227%), from €5,950 to €19,480
of which Other amounts receivable: +€12,044
- Tangible fixed assets -€12,000
down €12,000 (-2.2%), from €544,217 to €532,217
- Cash -€6,585
down €6,585 (-74.1%), from €8,892 to €2,307
mainly Contributions, distributions and other (-€51,100) and Receivables within one year (-€13,530)
- Reserves -€19,454
down €19,454 (-13.0%), from €149,197 to €129,743
- Short-term financial debts +€18,031
up €18,031 (+9.1%), from €198,333 to €216,365
- Debts after one year -€12,101
down €12,101 (-21.0%), from €57,642 to €45,541
- Tax, wage and social debts +€11,617
up €11,617 (+164%), from €7,070 to €18,688
of which Taxes: +€11,617
- Gross operating margin +€65,239
up €65,239 (+223%), from €29,206 to €94,445
- Taxes +€13,401
up €13,401 (+740%), from €1,811 to €15,211
- Financial charges +€11,355
up €11,355 (+131%), from €8,647 to €20,002
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 | €646,059 | €641,004 | -€5,055 | -0.8% |
| Fixed assets | 21/28 | €631,217 | €619,217 | -€12,000 | -1.9% |
| Tangible fixed assets | 22/27 | €544,217 | €532,217 | -€12,000 | -2.2% |
| Land and buildings | 22 | €544,217 | €532,217 | -€12,000 | -2.2% |
| Financial fixed assets | 28 | €87,000 | €87,000 | = | 0.0% |
| Current assets | 29/58 | €14,842 | €21,787 | +€6,945 | +46.8% |
| Amounts receivable within one year | 40/41 | €5,950 | €19,480 | +€13,530 | +227% |
| Trade receivables | 40 | €393 | €1,880 | +€1,487 | +378% |
| Other amounts receivable | 41 | €5,557 | €17,600 | +€12,044 | +217% |
| Cash at bank and in hand | 54/58 | €8,892 | €2,307 | -€6,585 | -74.1% |
| Total equity and liabilities | 10/49 | €646,059 | €641,004 | -€5,055 | -0.8% |
| Equity | 10/15 | €167,747 | €148,293 | -€19,454 | -11.6% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Reserves | 13 | €149,197 | €129,743 | -€19,454 | -13.0% |
| Distributable reserves | 133 | €149,197 | €129,743 | -€19,454 | -13.0% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Provisions and deferred taxes | 16 | €2,950 | €2,950 | = | 0.0% |
| Provisions for liabilities and charges | 160/5 | €2,950 | €2,950 | = | 0.0% |
| Pensions and similar obligations | 160 | €2,950 | €2,950 | = | 0.0% |
| Amounts payable | 17/49 | €475,362 | €489,760 | +€14,399 | +3.0% |
| Amounts payable after more than one year | 17 | €57,642 | €45,541 | -€12,101 | -21.0% |
| Financial debts | 170/4 | €57,642 | €45,541 | -€12,101 | -21.0% |
| Amounts payable within one year | 42/48 | €414,202 | €440,889 | +€26,687 | +6.4% |
| Current portion of amounts payable after more than one year | 42 | €12,844 | €12,566 | -€277 | -2.2% |
| Financial debts | 43 | €198,333 | €216,365 | +€18,031 | +9.1% |
| Credit institutions | 430/8 | €198,333 | €216,365 | +€18,031 | +9.1% |
| Trade debts | 44 | €2,113 | €850 | -€1,263 | -59.8% |
| Suppliers | 440/4 | €2,113 | €850 | -€1,263 | -59.8% |
| Advances received on contracts in progress | 46 | €75 | €0 | -€75 | -100% |
| Taxes, remuneration and social security | 45 | €7,070 | €18,688 | +€11,617 | +164% |
| Taxes | 450/3 | €5,040 | €16,658 | +€11,617 | +230% |
| Remuneration and social security | 454/9 | €2,030 | €2,030 | = | 0.0% |
| Other amounts payable | 47/48 | €193,766 | €192,420 | -€1,346 | -0.7% |
| Accrued charges and deferred income | 492/3 | €3,518 | €3,330 | -€188 | -5.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,183 | €12,000 | +€817 | +7.3% |
| Other operating charges | 640/8 | €3,925 | €4,325 | +€400 | +10.2% |
| Non-recurring operating charges | 66A | €0 | €11,300 | +€11,300 | |
| Gross operating margin | 9900 | €29,206 | €94,445 | +€65,239 | +223% |
| Operating profit (loss) | 9901 | €14,097 | €66,819 | +€52,722 | +374% |
| Financial income | 75/76B | €47 | €40 | -€7 | -15.5% |
| Recurring financial income | 75 | €47 | €40 | -€7 | -15.5% |
| Financial charges | 65/66B | €8,647 | €20,002 | +€11,355 | +131% |
| Recurring financial charges | 65 | €8,647 | €20,002 | +€11,355 | +131% |
| Profit (loss) for the period before taxes | 9903 | €5,498 | €46,858 | +€41,360 | +752% |
| Income taxes | 67/77 | €1,811 | €15,211 | +€13,401 | +740% |
| Profit (loss) for the period | 9904 | €3,687 | €31,646 | +€27,959 | +758% |
| Profit (loss) for the period to be appropriated | 9905 | €3,687 | €31,646 | +€27,959 | +758% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 31 October 2026 via checked.be.