GARAGE BOONE: 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 BOONE
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
€621,168
2024 · €549,144+€72,024
Equity
€4.5m
2024 · €4.0m+€501,168
Cash
€1.2m
2024 · €308,068+€844,740
Balance sheet total
€6.4m
2024 · €5.6m+€778,296
Largest movements
Assets
- Cash +€844,740
up €844,740 (+274%), from €308,068 to €1.2m
mainly Net result for the year (+€621,168) and Trade debts (+€537,798)
- Stocks and contracts -€135,826
down €135,826 (-4.2%), from €3.2m to €3.1m
Equity and liabilities
- Trade debts +€537,798
up €537,798 (+107%), from €503,674 to €1.0m
- Profit (loss) carried forward +€349,515
up €349,515 (+13.5%), from €2.6m to €2.9m
- Reserves +€151,653
up €151,653 (+14.9%), from €1.0m to €1.2m
of which Tax-exempt reserves: +€240,308
- Advances received -€130,450
down €130,450 (-68.1%), from €191,534 to €61,084
Income statement
- Turnover +€1.6m
up €1.6m (+7.1%), from €21.8m to €23.3m
- Goods and materials +€1.4m
up €1.4m (+7.0%), from €19.5m to €20.9m
of which Purchases: +€1.1m
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
€549,144
Turnover
+€1.6m
Other operating income
+€38,284
Goods and materials
-€1.4m
Services and other goods
+€2,122
Staff costs
-€110,616
Depreciation
-€11,552
Write-downs
-€49,015
Other operating charges
+€18,198
Financial income
+€2,898
Financial charges
+€8,399
Taxes
-€17,409
Result 2025
€621,168
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
+€1.2m
Investment
-€148,760
Financing
-€211,138
Cash 2024
€308,068
From operations (derived)
+€1.2m
Net result for the year
+€621,168
Depreciation
+€160,663
Stocks and contracts
+€135,826
Receivables within one year
-€63,331
Deferred charges and accrued income
-€17,955
Provisions
-€11,114
Trade debts
+€537,798
Tax, wage and social debts
-€44,639
Advances received
-€130,450
Other debts
+€1,976
Accrued charges and deferred income
+€14,695
Investment (derived)
-€148,760
Investment in fixed assets (net)
-€148,760
Financing
-€211,138
Debts after one year
-€63,158
Current portion of long-term debt
-€27,980
Contributions, distributions and other
-€120,000
Cash 2025
€1.2m
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €5,604,729 | €6,383,025 | +€778,296 | +13.9% |
| Fixed assets | 21/28 | €1,743,767 | €1,731,864 | -€11,904 | -0.7% |
| Intangible fixed assets | 21 | €0 | €13,561 | +€13,561 | |
| Tangible fixed assets | 22/27 | €1,743,603 | €1,718,138 | -€25,465 | -1.5% |
| Land and buildings | 22 | €1,545,954 | €1,485,396 | -€60,558 | -3.9% |
| Plant, machinery and equipment | 23 | €163,387 | €133,471 | -€29,916 | -18.3% |
| Furniture and vehicles | 24 | €34,261 | €99,270 | +€65,009 | +190% |
| Financial fixed assets | 28 | €165 | €165 | = | 0.0% |
| Other financial fixed assets | 284/8 | €165 | €165 | = | 0.0% |
| Amounts receivable and cash guarantees | 285/8 | €165 | €165 | = | 0.0% |
| Current assets | 29/58 | €3,860,962 | €4,651,162 | +€790,200 | +20.5% |
| Stocks and contracts in progress | 3 | €3,244,193 | €3,108,367 | -€135,826 | -4.2% |
| Stocks | 30/36 | €3,244,193 | €3,108,367 | -€135,826 | -4.2% |
| Goods purchased for resale | 34 | €3,244,193 | €3,108,367 | -€135,826 | -4.2% |
| Amounts receivable within one year | 40/41 | €200,486 | €263,816 | +€63,331 | +31.6% |
| Trade receivables | 40 | €104,859 | €231,502 | +€126,643 | +121% |
| Other amounts receivable | 41 | €95,626 | €32,314 | -€63,312 | -66.2% |
| Cash at bank and in hand | 54/58 | €308,068 | €1,152,808 | +€844,740 | +274% |
| Deferred charges and accrued income | 490/1 | €108,215 | €126,170 | +€17,955 | +16.6% |
| Total equity and liabilities | 10/49 | €5,604,729 | €6,383,025 | +€778,296 | +13.9% |
| Equity | 10/15 | €3,982,146 | €4,483,315 | +€501,168 | +12.6% |
| Contributions | 10/11 | €375,000 | €375,000 | = | 0.0% |
| Capital | 10 | €375,000 | €375,000 | = | 0.0% |
| Issued capital | 100 | €375,000 | €375,000 | = | 0.0% |
| Reserves | 13 | €1,015,221 | €1,166,874 | +€151,653 | +14.9% |
| Non-distributable reserves | 130/1 | €37,500 | €37,500 | = | 0.0% |
| Legal reserve | 130 | €37,500 | €37,500 | = | 0.0% |
| Tax-exempt reserves | 132 | €889,066 | €1,129,374 | +€240,308 | +27.0% |
| Distributable reserves | 133 | €88,655 | €0 | -€88,655 | -100% |
| Profit (loss) carried forward | 14 | €2,591,925 | €2,941,441 | +€349,515 | +13.5% |
| Provisions and deferred taxes | 16 | €111,115 | €100,001 | -€11,114 | -10.0% |
| Deferred taxes | 168 | €111,115 | €100,001 | -€11,114 | -10.0% |
| Amounts payable | 17/49 | €1,511,468 | €1,799,709 | +€288,242 | +19.1% |
| Amounts payable after more than one year | 17 | €573,684 | €510,526 | -€63,158 | -11.0% |
| Financial debts | 170/4 | €573,684 | €510,526 | -€63,158 | -11.0% |
| Credit institutions | 173 | €573,684 | €510,526 | -€63,158 | -11.0% |
| Amounts payable within one year | 42/48 | €937,656 | €1,274,360 | +€336,705 | +35.9% |
| Current portion of amounts payable after more than one year | 42 | €91,138 | €63,158 | -€27,980 | -30.7% |
| Financial debts | 43 | €0 | - | = | |
| Credit institutions | 430/8 | €0 | - | = | |
| Trade debts | 44 | €503,674 | €1,041,472 | +€537,798 | +107% |
| Suppliers | 440/4 | €503,674 | €1,041,472 | +€537,798 | +107% |
| Advances received on contracts in progress | 46 | €191,534 | €61,084 | -€130,450 | -68.1% |
| Taxes, remuneration and social security | 45 | €151,309 | €106,670 | -€44,639 | -29.5% |
| Taxes | 450/3 | €31,413 | €23,194 | -€8,219 | -26.2% |
| Remuneration and social security | 454/9 | €119,897 | €83,477 | -€36,420 | -30.4% |
| Other amounts payable | 47/48 | €0 | €1,976 | +€1,976 | |
| Accrued charges and deferred income | 492/3 | €128 | €14,823 | +€14,695 | +11,476% |
| Operating income | 70/76A | €21,915,106 | €23,503,947 | +€1.6m | +7.2% |
| Turnover | 70 | €21,768,428 | €23,318,985 | +€1.6m | +7.1% |
| Other operating income | 74 | €146,678 | €184,962 | +€38,284 | +26.1% |
| Operating charges | 60/66A | €21,136,695 | €22,647,400 | +€1.5m | +7.1% |
| Goods for resale, raw materials and consumables | 60 | €19,501,443 | €20,861,284 | +€1.4m | +7.0% |
| Purchases | 600/8 | €19,631,858 | €20,773,307 | +€1.1m | +5.8% |
| Change in stocks: decrease (increase) | 609 | -€130,415 | €87,977 | +€218,392 | |
| Services and other goods | 61 | €810,047 | €807,926 | -€2,122 | -0.3% |
| Remuneration, social security and pensions | 62 | €617,889 | €728,505 | +€110,616 | +17.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €149,112 | €160,663 | +€11,552 | +7.7% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €188 | €49,204 | +€49,015 | +26,025% |
| Other operating charges | 640/8 | €58,016 | €39,819 | -€18,198 | -31.4% |
| Operating profit (loss) | 9901 | €778,411 | €856,547 | +€78,136 | +10.0% |
| Financial income | 75/76B | €7,581 | €10,479 | +€2,898 | +38.2% |
| Recurring financial income | 75 | €7,581 | €10,479 | +€2,898 | +38.2% |
| Income from current assets | 751 | €6,657 | €5,719 | -€938 | -14.1% |
| Other financial income | 752/9 | €924 | €4,760 | +€3,836 | +415% |
| Financial charges | 65/66B | €47,954 | €39,555 | -€8,399 | -17.5% |
| Recurring financial charges | 65 | €47,954 | €39,555 | -€8,399 | -17.5% |
| Debt charges | 650 | €44,292 | €33,665 | -€10,627 | -24.0% |
| Other financial charges | 652/9 | €3,662 | €5,890 | +€2,228 | +60.9% |
| Profit (loss) for the period before taxes | 9903 | €738,038 | €827,472 | +€89,434 | +12.1% |
| Transfer from deferred taxes | 780 | €11,114 | €11,114 | = | 0.0% |
| Income taxes | 67/77 | €200,008 | €217,417 | +€17,409 | +8.7% |
| Taxes | 670/3 | €200,008 | €217,417 | +€17,409 | +8.7% |
| Profit (loss) for the period | 9904 | €549,144 | €621,168 | +€72,024 | +13.1% |
| Transfer from tax-exempt reserves | 789 | €180,692 | €33,342 | -€147,350 | -81.5% |
| Transfer to tax-exempt reserves | 689 | €92,620 | €273,650 | +€181,030 | +195% |
| Profit (loss) for the period to be appropriated | 9905 | €637,216 | €380,860 | -€256,356 | -40.2% |
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 30 October 2026 via checked.be.