GARAGE BUTTIENS: what changed
GARAGE BUTTIENS
Largest movements
- Cash -€156,311
down €156,311 (-52.7%), from €296,774 to €140,463
mainly Debts after one year (-€150,666) and Trade debts (-€141,297)
- Tangible fixed assets -€58,591
down €58,591 (-11.9%), from €491,471 to €432,880
of which Land and buildings: -€45,177
- Receivables within one year -€41,314
down €41,314 (-8.2%), from €501,199 to €459,885
of which Other amounts receivable: -€51,493
- Debts after one year -€150,666
down €150,666 (-46.0%), from €327,368 to €176,702
- Trade debts -€141,297
down €141,297 (-7.9%), from €1.8m to €1.7m
- Advances received -€99,829
down €99,829 (-16.6%), from €600,000 to €500,171
- Current portion of long-term debt +€80,442
new in 2025: €80,442
- Reserves +€45,419
up €45,419 (+11.5%), from €394,687 to €440,106
of which Distributable reserves: +€45,419
- Gross operating margin -€29,202
down €29,202 (-4.3%), from €680,080 to €650,878
- Staff costs +€13,953
up €13,953 (+3.7%), from €380,363 to €394,316
- Financial charges -€12,123
down €12,123 (-10.0%), from €121,446 to €109,323
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €3,495,228 | €3,211,002 | -€284,226 | -8.1% |
| Fixed assets | 21/28 | €491,471 | €432,880 | -€58,591 | -11.9% |
| Tangible fixed assets | 22/27 | €491,471 | €432,880 | -€58,591 | -11.9% |
| Land and buildings | 22 | €477,803 | €432,625 | -€45,177 | -9.5% |
| Plant, machinery and equipment | 23 | €13,669 | €255 | -€13,414 | -98.1% |
| Current assets | 29/58 | €3,003,757 | €2,778,122 | -€225,635 | -7.5% |
| Stocks and contracts in progress | 3 | €2,205,784 | €2,177,773 | -€28,010 | -1.3% |
| Stocks | 30/36 | €2,205,784 | €2,177,773 | -€28,010 | -1.3% |
| Amounts receivable within one year | 40/41 | €501,199 | €459,885 | -€41,314 | -8.2% |
| Trade receivables | 40 | €428,404 | €438,582 | +€10,179 | +2.4% |
| Other amounts receivable | 41 | €72,795 | €21,302 | -€51,493 | -70.7% |
| Cash at bank and in hand | 54/58 | €296,774 | €140,463 | -€156,311 | -52.7% |
| Total equity and liabilities | 10/49 | €3,495,228 | €3,211,002 | -€284,226 | -8.1% |
| Equity | 10/15 | €750,483 | €795,902 | +€45,419 | +6.1% |
| Contributions | 10/11 | €355,796 | €355,796 | = | 0.0% |
| Capital | 10 | €355,796 | €355,796 | = | 0.0% |
| Issued capital | 100 | €355,796 | €355,796 | = | 0.0% |
| Reserves | 13 | €394,687 | €440,106 | +€45,419 | +11.5% |
| Non-distributable reserves | 130/1 | €16,270 | €16,270 | = | 0.0% |
| Legal reserve | 130 | €16,270 | €16,270 | = | 0.0% |
| Distributable reserves | 133 | €378,417 | €423,836 | +€45,419 | +12.0% |
| Amounts payable | 17/49 | €2,744,746 | €2,415,100 | -€329,646 | -12.0% |
| Amounts payable after more than one year | 17 | €327,368 | €176,702 | -€150,666 | -46.0% |
| Financial debts | 170/4 | €327,368 | €176,702 | -€150,666 | -46.0% |
| Amounts payable within one year | 42/48 | €2,417,378 | €2,238,398 | -€178,980 | -7.4% |
| Current portion of amounts payable after more than one year | 42 | - | €80,442 | +€80,442 | |
| Trade debts | 44 | €1,799,082 | €1,657,785 | -€141,297 | -7.9% |
| Suppliers | 440/4 | €1,799,082 | €1,657,785 | -€141,297 | -7.9% |
| Advances received on contracts in progress | 46 | €600,000 | €500,171 | -€99,829 | -16.6% |
| Taxes, remuneration and social security | 45 | €18,296 | - | -€18,296 | |
| Taxes | 450/3 | €16,906 | - | -€16,906 | |
| Remuneration and social security | 454/9 | €1,390 | - | -€1,390 | |
| Remuneration, social security and pensions | 62 | €380,363 | €394,316 | +€13,953 | +3.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €60,519 | €58,591 | -€1,928 | -3.2% |
| Other operating charges | 640/8 | €26,760 | €22,923 | -€3,837 | -14.3% |
| Gross operating margin | 9900 | €680,080 | €650,878 | -€29,202 | -4.3% |
| Operating profit (loss) | 9901 | €212,437 | €175,047 | -€37,390 | -17.6% |
| Financial income | 75/76B | €10,096 | €5,036 | -€5,060 | -50.1% |
| Recurring financial income | 75 | €10,096 | €5,036 | -€5,060 | -50.1% |
| Financial charges | 65/66B | €121,446 | €109,323 | -€12,123 | -10.0% |
| Recurring financial charges | 65 | €121,446 | €109,323 | -€12,123 | -10.0% |
| Profit (loss) for the period before taxes | 9903 | €101,087 | €70,760 | -€30,327 | -30.0% |
| Income taxes | 67/77 | €24,458 | €25,341 | +€883 | +3.6% |
| Profit (loss) for the period | 9904 | €76,629 | €45,419 | -€31,210 | -40.7% |
| Profit (loss) for the period to be appropriated | 9905 | €76,629 | €45,419 | -€31,210 | -40.7% |
Next steps
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.