GARAGE BUDA: 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 BUDA
Largest movements
- Receivables within one year -€275,096
down €275,096 (-25.9%), from €1.1m to €786,064
of which Trade receivables: -€278,549
- Stocks and contracts +€147,409
up €147,409 (+89.1%), from €165,470 to €312,879
- Tangible fixed assets -€41,225
down €41,225 (-19.1%), from €215,457 to €174,232
of which Plant, machinery and equipment: -€36,882
- Trade debts -€362,446
down €362,446 (-58.6%), from €618,852 to €256,406
- Profit (loss) carried forward +€146,045
up €146,045 (+119%), from €123,208 to €269,253
- Tax, wage and social debts +€92,677
up €92,677 (+25.2%), from €367,989 to €460,666
of which Remuneration and social security: +€50,816
- Debts after one year -€55,871
down €55,871 (-38.8%), from €143,901 to €88,030
- Gross operating margin +€94,305
up €94,305 (+9.9%), from €951,645 to €1.0m
- Staff costs -€73,663
down €73,663 (-9.0%), from €814,159 to €740,496
- Taxes +€33,463
up €33,463 (+98.5%), from €33,988 to €67,451
- Financial charges +€14,437
up €14,437 (+243%), from €5,941 to €20,378
- Depreciation +€13,224
up €13,224 (+26.0%), from €50,933 to €64,157
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 | €1,501,790 | €1,324,775 | -€177,015 | -11.8% |
| Fixed assets | 21/28 | €216,865 | €175,144 | -€41,721 | -19.2% |
| Intangible fixed assets | 21 | €908 | €412 | -€496 | -54.6% |
| Tangible fixed assets | 22/27 | €215,457 | €174,232 | -€41,225 | -19.1% |
| Plant, machinery and equipment | 23 | €158,443 | €121,561 | -€36,882 | -23.3% |
| Furniture and vehicles | 24 | €57,014 | €38,892 | -€18,123 | -31.8% |
| Other tangible fixed assets | 26 | - | €13,780 | +€13,780 | |
| Financial fixed assets | 28 | €500 | €500 | = | 0.0% |
| Current assets | 29/58 | €1,284,925 | €1,149,631 | -€135,294 | -10.5% |
| Stocks and contracts in progress | 3 | €165,470 | €312,879 | +€147,409 | +89.1% |
| Stocks | 30/36 | €165,470 | €312,879 | +€147,409 | +89.1% |
| Amounts receivable within one year | 40/41 | €1,061,160 | €786,064 | -€275,096 | -25.9% |
| Trade receivables | 40 | €1,040,150 | €761,601 | -€278,549 | -26.8% |
| Other amounts receivable | 41 | €21,010 | €24,463 | +€3,453 | +16.4% |
| Cash at bank and in hand | 54/58 | €46,985 | €41,048 | -€5,936 | -12.6% |
| Deferred charges and accrued income | 490/1 | €11,310 | €9,640 | -€1,670 | -14.8% |
| Total equity and liabilities | 10/49 | €1,501,790 | €1,324,775 | -€177,015 | -11.8% |
| Equity | 10/15 | €138,320 | €284,365 | +€146,045 | +106% |
| Contributions | 10/11 | €7,437 | €7,437 | = | 0.0% |
| Reserves | 13 | €7,676 | €7,676 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €5,816 | €5,816 | = | 0.0% |
| Profit (loss) carried forward | 14 | €123,208 | €269,253 | +€146,045 | +119% |
| Amounts payable | 17/49 | €1,363,470 | €1,040,410 | -€323,060 | -23.7% |
| Amounts payable after more than one year | 17 | €143,901 | €88,030 | -€55,871 | -38.8% |
| Financial debts | 170/4 | €143,901 | €88,030 | -€55,871 | -38.8% |
| Amounts payable within one year | 42/48 | €1,219,569 | €952,380 | -€267,189 | -21.9% |
| Current portion of amounts payable after more than one year | 42 | €61,096 | €62,962 | +€1,866 | +3.1% |
| Trade debts | 44 | €618,852 | €256,406 | -€362,446 | -58.6% |
| Suppliers | 440/4 | €618,852 | €256,406 | -€362,446 | -58.6% |
| Taxes, remuneration and social security | 45 | €367,989 | €460,666 | +€92,677 | +25.2% |
| Taxes | 450/3 | €91,333 | €133,194 | +€41,861 | +45.8% |
| Remuneration and social security | 454/9 | €276,656 | €327,472 | +€50,816 | +18.4% |
| Other amounts payable | 47/48 | €171,632 | €172,345 | +€713 | +0.4% |
| Remuneration, social security and pensions | 62 | €814,159 | €740,496 | -€73,663 | -9.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €50,933 | €64,157 | +€13,224 | +26.0% |
| Other operating charges | 640/8 | €5,228 | €7,423 | +€2,195 | +42.0% |
| Gross operating margin | 9900 | €951,645 | €1,045,950 | +€94,305 | +9.9% |
| Operating profit (loss) | 9901 | €81,325 | €233,874 | +€152,549 | +188% |
| Financial income | 75/76B | €11 | €0 | -€11 | -97.5% |
| Recurring financial income | 75 | €11 | €0 | -€11 | -97.5% |
| Financial charges | 65/66B | €5,941 | €20,378 | +€14,437 | +243% |
| Recurring financial charges | 65 | €5,941 | €20,378 | +€14,437 | +243% |
| Profit (loss) for the period before taxes | 9903 | €75,395 | €213,496 | +€138,101 | +183% |
| Income taxes | 67/77 | €33,988 | €67,451 | +€33,463 | +98.5% |
| Profit (loss) for the period | 9904 | €41,407 | €146,045 | +€104,638 | +253% |
| Profit (loss) for the period to be appropriated | 9905 | €41,407 | €146,045 | +€104,638 | +253% |
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 1 November 2026 via checked.be.