GARAGE BRAEKEN: what changed
What changed
GARAGE BRAEKEN
NACE 47.811, Retail sale of cars and light vans (up to 3.5 tonnes)
filed annual accounts (NBB)
Net result for the year
€83,710
2024 · €144,891-€61,181
Equity
€699,943
2024 · €646,233+€53,710
Cash
€318,169
2024 · €628,550-€310,382
Balance sheet total
€1.3m
2024 · €1.2m+€68,394
Largest movements
Assets
- Current investments +€352,000
new in 2025: €352,000
- Cash -€310,382
down €310,382 (-49.4%), from €628,550 to €318,169
mainly Current investments (-€352,000) and Stocks and contracts (-€102,507)
- Stocks and contracts +€102,507
up €102,507 (+22.2%), from €460,763 to €563,271
- Receivables within one year -€73,428
down €73,428 (-75.4%), from €97,433 to €24,005
of which Trade receivables: -€81,246
Equity and liabilities
- Reserves +€53,710
up €53,710 (+9.2%), from €584,260 to €637,970
of which Distributable reserves: +€53,710
- Other debts +€20,765
up €20,765 (+4.3%), from €479,915 to €500,681
Income statement
- Gross operating margin -€51,802
down €51,802 (-18.3%), from €282,723 to €230,920
- Taxes -€21,150
down €21,150 (-53.4%), from €39,596 to €18,446
- Other operating charges +€13,840
up €13,840 (+178%), from €7,760 to €21,601
- Write-downs +€13,637
up €13,637, from -€2,537 to €11,100
- Staff costs +€2,950
up €2,950 (+3.5%), from €83,497 to €86,447
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
€144,891
Gross operating margin
-€51,802
Staff costs
-€2,950
Depreciation
+€340
Write-downs
-€13,637
Other operating charges
-€13,840
Financial income
-€1,355
Financial charges
+€913
Taxes
+€21,150
Result 2025
€83,710
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
+€81,698
Investment
-€362,079
Financing
-€30,000
Cash 2024
€628,550
From operations (derived)
+€81,698
Net result for the year
+€83,710
Depreciation
+€11,574
Stocks and contracts
-€102,507
Receivables within one year
+€73,428
Deferred charges and accrued income
+€808
Trade debts
+€1,095
Tax, wage and social debts
-€7,177
Other debts
+€20,765
Investment (derived)
-€362,079
Investment in fixed assets (net)
-€10,079
Current investments
-€352,000
Financing
-€30,000
Contributions, distributions and other
-€30,000
Cash 2025
€318,169
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,232,080 | €1,300,474 | +€68,394 | +5.6% |
| Fixed assets | 21/28 | €34,188 | €32,694 | -€1,495 | -4.4% |
| Tangible fixed assets | 22/27 | €34,188 | €32,694 | -€1,495 | -4.4% |
| Land and buildings | 22 | €4,812 | €4,812 | = | 0.0% |
| Plant, machinery and equipment | 23 | €2,724 | €1,531 | -€1,193 | -43.8% |
| Furniture and vehicles | 24 | €11,385 | €14,192 | +€2,806 | +24.6% |
| Other tangible fixed assets | 26 | €15,267 | €12,160 | -€3,108 | -20.4% |
| Current assets | 29/58 | €1,197,892 | €1,267,781 | +€69,889 | +5.8% |
| Stocks and contracts in progress | 3 | €460,763 | €563,271 | +€102,507 | +22.2% |
| Stocks | 30/36 | €460,763 | €563,271 | +€102,507 | +22.2% |
| Amounts receivable within one year | 40/41 | €97,433 | €24,005 | -€73,428 | -75.4% |
| Trade receivables | 40 | €97,433 | €16,187 | -€81,246 | -83.4% |
| Other amounts receivable | 41 | - | €7,818 | +€7,818 | |
| Current investments | 50/53 | - | €352,000 | +€352,000 | |
| Cash at bank and in hand | 54/58 | €628,550 | €318,169 | -€310,382 | -49.4% |
| Deferred charges and accrued income | 490/1 | €11,145 | €10,336 | -€808 | -7.3% |
| Total equity and liabilities | 10/49 | €1,232,080 | €1,300,474 | +€68,394 | +5.6% |
| Equity | 10/15 | €646,233 | €699,943 | +€53,710 | +8.3% |
| Contributions | 10/11 | €61,973 | €61,973 | = | 0.0% |
| Capital | 10 | €61,973 | €61,973 | = | 0.0% |
| Issued capital | 100 | €61,973 | €61,973 | = | 0.0% |
| Reserves | 13 | €584,260 | €637,970 | +€53,710 | +9.2% |
| Non-distributable reserves | 130/1 | €6,197 | €6,197 | = | 0.0% |
| Legal reserve | 130 | €6,197 | €6,197 | = | 0.0% |
| Distributable reserves | 133 | €578,062 | €631,773 | +€53,710 | +9.3% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €585,847 | €600,531 | +€14,684 | +2.5% |
| Amounts payable within one year | 42/48 | €585,847 | €600,531 | +€14,684 | +2.5% |
| Trade debts | 44 | €71,216 | €72,312 | +€1,095 | +1.5% |
| Suppliers | 440/4 | €71,216 | €72,312 | +€1,095 | +1.5% |
| Taxes, remuneration and social security | 45 | €34,715 | €27,539 | -€7,177 | -20.7% |
| Taxes | 450/3 | €24,432 | €15,570 | -€8,862 | -36.3% |
| Remuneration and social security | 454/9 | €10,283 | €11,968 | +€1,685 | +16.4% |
| Other amounts payable | 47/48 | €479,915 | €500,681 | +€20,765 | +4.3% |
| Remuneration, social security and pensions | 62 | €83,497 | €86,447 | +€2,950 | +3.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,915 | €11,574 | -€340 | -2.9% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€2,537 | €11,100 | +€13,637 | |
| Other operating charges | 640/8 | €7,760 | €21,601 | +€13,840 | +178% |
| Gross operating margin | 9900 | €282,723 | €230,920 | -€51,802 | -18.3% |
| Operating profit (loss) | 9901 | €182,088 | €100,198 | -€81,889 | -45.0% |
| Financial income | 75/76B | €5,681 | €4,326 | -€1,355 | -23.9% |
| Recurring financial income | 75 | €5,681 | €4,326 | -€1,355 | -23.9% |
| Financial charges | 65/66B | €3,281 | €2,368 | -€913 | -27.8% |
| Recurring financial charges | 65 | €3,281 | €2,368 | -€913 | -27.8% |
| Profit (loss) for the period before taxes | 9903 | €184,487 | €102,156 | -€82,331 | -44.6% |
| Income taxes | 67/77 | €39,596 | €18,446 | -€21,150 | -53.4% |
| Profit (loss) for the period | 9904 | €144,891 | €83,710 | -€61,181 | -42.2% |
| Profit (loss) for the period to be appropriated | 9905 | €144,891 | €83,710 | -€61,181 | -42.2% |
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 2 November 2026 via checked.be.