GARAGE BOLS: 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 BOLS
Largest movements
- Tangible fixed assets +€241,726
up €241,726 (+18.2%), from €1.3m to €1.6m
of which Land and buildings: +€199,963
- Receivables within one year +€133,920
up €133,920 (+80.0%), from €167,332 to €301,252
of which Trade receivables: +€134,234
- Cash +€76,296
up €76,296 (+42.8%), from €178,305 to €254,602
mainly Net result for the year (+€408,380) and Accrued charges and deferred income (+€224,810)
- Stocks and contracts +€62,638
up €62,638 (+9.4%), from €664,581 to €727,219
- Profit (loss) carried forward +€258,380
up €258,380 (+53.0%), from €487,235 to €745,616
- Accrued charges and deferred income +€224,810
up €224,810 (+178%), from €126,175 to €350,984
- Trade debts -€188,431
down €188,431 (-67.4%), from €279,658 to €91,227
- Other debts +€150,000
up €150,000 (+83.3%), from €180,017 to €330,017
- Tax, wage and social debts +€88,232
up €88,232 (+182%), from €48,392 to €136,624
of which Taxes: +€80,634
- Gross operating margin +€180,750
up €180,750 (+26.4%), from €683,717 to €864,467
- Taxes +€44,018
up €44,018 (+72.9%), from €60,411 to €104,429
- Staff costs +€24,356
up €24,356 (+12.0%), from €202,867 to €227,223
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 | €2,387,897 | €2,914,808 | +€526,911 | +22.1% |
| Fixed assets | 21/28 | €1,328,608 | €1,570,334 | +€241,726 | +18.2% |
| Tangible fixed assets | 22/27 | €1,328,608 | €1,570,334 | +€241,726 | +18.2% |
| Land and buildings | 22 | €1,240,349 | €1,440,312 | +€199,963 | +16.1% |
| Plant, machinery and equipment | 23 | €67,236 | €69,978 | +€2,742 | +4.1% |
| Furniture and vehicles | 24 | €21,023 | €60,043 | +€39,020 | +186% |
| Current assets | 29/58 | €1,059,289 | €1,344,474 | +€285,185 | +26.9% |
| Stocks and contracts in progress | 3 | €664,581 | €727,219 | +€62,638 | +9.4% |
| Stocks | 30/36 | €664,581 | €727,219 | +€62,638 | +9.4% |
| Amounts receivable within one year | 40/41 | €167,332 | €301,252 | +€133,920 | +80.0% |
| Trade receivables | 40 | €166,882 | €301,117 | +€134,234 | +80.4% |
| Other amounts receivable | 41 | €449 | €135 | -€314 | -70.0% |
| Cash at bank and in hand | 54/58 | €178,305 | €254,602 | +€76,296 | +42.8% |
| Deferred charges and accrued income | 490/1 | €49,071 | €61,402 | +€12,331 | +25.1% |
| Total equity and liabilities | 10/49 | €2,387,897 | €2,914,808 | +€526,911 | +22.1% |
| Equity | 10/15 | €810,749 | €1,069,129 | +€258,380 | +31.9% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Contributions outside capital | 11 | €18,600 | €18,600 | = | 0.0% |
| Share premium | 1100/10 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €304,914 | €304,914 | = | 0.0% |
| Non-distributable reserves | 130/1 | €4,648 | €4,648 | = | 0.0% |
| Other | 1319 | €4,648 | €4,648 | = | 0.0% |
| Tax-exempt reserves | 132 | €146,250 | €146,250 | = | 0.0% |
| Distributable reserves | 133 | €154,016 | €154,016 | = | 0.0% |
| Profit (loss) carried forward | 14 | €487,235 | €745,616 | +€258,380 | +53.0% |
| Provisions and deferred taxes | 16 | €10,500 | €10,500 | = | 0.0% |
| Provisions for liabilities and charges | 160/5 | €10,500 | €10,500 | = | 0.0% |
| Major repairs and maintenance | 162 | €10,500 | €10,500 | = | 0.0% |
| Amounts payable | 17/49 | €1,566,648 | €1,835,179 | +€268,531 | +17.1% |
| Amounts payable after more than one year | 17 | €573,994 | €557,132 | -€16,861 | -2.9% |
| Financial debts | 170/4 | €573,994 | €557,132 | -€16,861 | -2.9% |
| Amounts payable within one year | 42/48 | €866,480 | €927,062 | +€60,582 | +7.0% |
| Current portion of amounts payable after more than one year | 42 | €158,412 | €169,195 | +€10,782 | +6.8% |
| Financial debts | 43 | €200,000 | €200,000 | = | 0.0% |
| Credit institutions | 430/8 | €200,000 | €200,000 | = | 0.0% |
| Trade debts | 44 | €279,658 | €91,227 | -€188,431 | -67.4% |
| Suppliers | 440/4 | €279,658 | €91,227 | -€188,431 | -67.4% |
| Taxes, remuneration and social security | 45 | €48,392 | €136,624 | +€88,232 | +182% |
| Taxes | 450/3 | €41,110 | €121,743 | +€80,634 | +196% |
| Remuneration and social security | 454/9 | €7,283 | €14,881 | +€7,598 | +104% |
| Other amounts payable | 47/48 | €180,017 | €330,017 | +€150,000 | +83.3% |
| Accrued charges and deferred income | 492/3 | €126,175 | €350,984 | +€224,810 | +178% |
| Remuneration, social security and pensions | 62 | €202,867 | €227,223 | +€24,356 | +12.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €83,893 | €85,778 | +€1,885 | +2.2% |
| Other operating charges | 640/8 | €7,887 | €12,345 | +€4,458 | +56.5% |
| Gross operating margin | 9900 | €683,717 | €864,467 | +€180,750 | +26.4% |
| Operating profit (loss) | 9901 | €389,071 | €539,122 | +€150,051 | +38.6% |
| Financial income | 75/76B | €290 | €4 | -€286 | -98.5% |
| Recurring financial income | 75 | €290 | €4 | -€286 | -98.5% |
| Financial charges | 65/66B | €24,463 | €26,317 | +€1,854 | +7.6% |
| Recurring financial charges | 65 | €24,171 | €24,598 | +€427 | +1.8% |
| Non-recurring financial charges | 66B | €292 | €1,719 | +€1,427 | +489% |
| Profit (loss) for the period before taxes | 9903 | €364,898 | €512,809 | +€147,911 | +40.5% |
| Income taxes | 67/77 | €60,411 | €104,429 | +€44,018 | +72.9% |
| Profit (loss) for the period | 9904 | €304,487 | €408,380 | +€103,893 | +34.1% |
| Profit (loss) for the period to be appropriated | 9905 | €304,487 | €408,380 | +€103,893 | +34.1% |
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.