Garage Blaise: what changed
What changed
Garage Blaise
NACE 47.811, Retail sale of cars and light vans (up to 3.5 tonnes)
filed annual accounts (NBB)
Net result for the year
€571,819
2024 · €379,799+€192,020
Equity
€3.5m
2024 · €2.9m+€571,819
Cash
€2.0m
2024 · €1.6m+€335,398
Balance sheet total
€4.4m
2024 · €3.5m+€925,857
Largest movements
Assets
- Current investments +€403,451
up €403,451 (+51.8%), from €779,527 to €1.2m
- Cash +€335,398
up €335,398 (+20.5%), from €1.6m to €2.0m
mainly Net result for the year (+€571,819) and Tax, wage and social debts (+€180,448)
- Receivables within one year +€115,285
up €115,285 (+59.2%), from €194,629 to €309,913
of which Trade receivables: +€116,152
- Stocks and contracts +€45,138
up €45,138 (+10.1%), from €446,184 to €491,322
Equity and liabilities
- Reserves +€571,819
up €571,819 (+27.1%), from €2.1m to €2.7m
of which Distributable reserves: +€571,819
- Tax, wage and social debts +€180,448
up €180,448 (+115%), from €156,265 to €336,713
of which Taxes: +€162,590
- Trade debts +€149,257
up €149,257 (+259%), from €57,671 to €206,929
Income statement
- Gross operating margin +€364,233
up €364,233 (+35.2%), from €1.0m to €1.4m
- Taxes +€90,191
up €90,191 (+52.7%), from €171,302 to €261,493
- Staff costs +€67,723
up €67,723 (+17.3%), from €391,779 to €459,502
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
€379,799
Gross operating margin
+€364,233
Staff costs
-€67,723
Depreciation
-€3,973
Write-downs
-€1,033
Other operating charges
-€5,549
Financial income
-€2,304
Financial charges
-€1,439
Taxes
-€90,191
Result 2025
€571,819
raises the resultlowers the result
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€839,274
Investment
-€503,876
Financing
€0
Cash 2024
€1.6m
From operations (derived)
+€839,274
Net result for the year
+€571,819
Depreciation
+€80,024
Stocks and contracts
-€45,138
Receivables within one year
-€115,285
Deferred charges and accrued income
-€6,185
Trade debts
+€149,257
Tax, wage and social debts
+€180,448
Other debts
+€25,840
Accrued charges and deferred income
-€1,507
Investment (derived)
-€503,876
Investment in fixed assets (net)
-€100,425
Current investments
-€403,451
Cash 2025
€2.0m
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €3,519,253 | €4,445,110 | +€925,857 | +26.3% |
| Fixed assets | 21/28 | €437,694 | €458,094 | +€20,400 | +4.7% |
| Tangible fixed assets | 22/27 | €437,694 | €458,094 | +€20,400 | +4.7% |
| Land and buildings | 22 | €351,487 | €322,257 | -€29,230 | -8.3% |
| Plant, machinery and equipment | 23 | €54,067 | €69,658 | +€15,591 | +28.8% |
| Furniture and vehicles | 24 | €32,140 | €66,179 | +€34,039 | +106% |
| Current assets | 29/58 | €3,081,559 | €3,987,016 | +€905,456 | +29.4% |
| Stocks and contracts in progress | 3 | €446,184 | €491,322 | +€45,138 | +10.1% |
| Stocks | 30/36 | €446,184 | €491,322 | +€45,138 | +10.1% |
| Amounts receivable within one year | 40/41 | €194,629 | €309,913 | +€115,285 | +59.2% |
| Trade receivables | 40 | €166,413 | €282,565 | +€116,152 | +69.8% |
| Other amounts receivable | 41 | €28,216 | €27,348 | -€868 | -3.1% |
| Current investments | 50/53 | €779,527 | €1,182,978 | +€403,451 | +51.8% |
| Cash at bank and in hand | 54/58 | €1,638,965 | €1,974,363 | +€335,398 | +20.5% |
| Deferred charges and accrued income | 490/1 | €22,254 | €28,439 | +€6,185 | +27.8% |
| Total equity and liabilities | 10/49 | €3,519,253 | €4,445,110 | +€925,857 | +26.3% |
| Equity | 10/15 | €2,881,572 | €3,453,390 | +€571,819 | +19.8% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €2,112,593 | €2,684,411 | +€571,819 | +27.1% |
| Non-distributable reserves | 130/1 | €57,900 | €57,900 | = | 0.0% |
| Legal reserve | 130 | €57,900 | €57,900 | = | 0.0% |
| Distributable reserves | 133 | €2,054,693 | €2,626,511 | +€571,819 | +27.8% |
| Profit (loss) carried forward | 14 | €706,979 | €706,979 | = | 0.0% |
| Amounts payable | 17/49 | €637,681 | €991,719 | +€354,038 | +55.5% |
| Amounts payable within one year | 42/48 | €618,305 | €973,850 | +€355,545 | +57.5% |
| Trade debts | 44 | €57,671 | €206,929 | +€149,257 | +259% |
| Suppliers | 440/4 | €57,671 | €206,929 | +€149,257 | +259% |
| Taxes, remuneration and social security | 45 | €156,265 | €336,713 | +€180,448 | +115% |
| Taxes | 450/3 | €107,430 | €270,021 | +€162,590 | +151% |
| Remuneration and social security | 454/9 | €48,835 | €66,692 | +€17,858 | +36.6% |
| Other amounts payable | 47/48 | €404,369 | €430,208 | +€25,840 | +6.4% |
| Accrued charges and deferred income | 492/3 | €19,376 | €17,869 | -€1,507 | -7.8% |
| Non-recurring operating income | 76A | €3,061 | €0 | -€3,061 | -100% |
| Remuneration, social security and pensions | 62 | €391,779 | €459,502 | +€67,723 | +17.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €76,051 | €80,024 | +€3,973 | +5.2% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €5,195 | €6,228 | +€1,033 | +19.9% |
| Other operating charges | 640/8 | €13,996 | €19,545 | +€5,549 | +39.6% |
| Gross operating margin | 9900 | €1,033,347 | €1,397,580 | +€364,233 | +35.2% |
| Operating profit (loss) | 9901 | €546,325 | €832,280 | +€285,954 | +52.3% |
| Financial income | 75/76B | €26,187 | €23,883 | -€2,304 | -8.8% |
| Recurring financial income | 75 | €23,856 | €23,883 | +€27 | +0.1% |
| Non-recurring financial income | 76B | €2,331 | €0 | -€2,331 | -100% |
| Financial charges | 65/66B | €21,412 | €22,851 | +€1,439 | +6.7% |
| Recurring financial charges | 65 | €21,412 | €22,851 | +€1,439 | +6.7% |
| Profit (loss) for the period before taxes | 9903 | €551,100 | €833,312 | +€282,211 | +51.2% |
| Income taxes | 67/77 | €171,302 | €261,493 | +€90,191 | +52.7% |
| Profit (loss) for the period | 9904 | €379,799 | €571,819 | +€192,020 | +50.6% |
| Profit (loss) for the period to be appropriated | 9905 | €379,799 | €571,819 | +€192,020 | +50.6% |
Next steps
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 1 November 2026 via checked.be.