GARAGE CARBONEZ: 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 CARBONEZ
Largest movements
- Stocks and contracts -€312,551
no longer reported in 2025 (was €312,551)
- Cash +€188,387
up €188,387 (+72.4%), from €260,210 to €448,597
mainly Stocks and contracts (+€312,551) and Investment in fixed assets (net) (+€85,057)
- Tangible fixed assets -€94,676
no longer reported in 2025 (was €94,676)
of which Other tangible fixed assets: -€62,290
- Receivables within one year +€37,650
up €37,650 (+72.1%), from €52,243 to €89,893
of which Other amounts receivable: +€70,061
- Other debts -€117,597
no longer reported in 2025 (was €117,597)
- Tax, wage and social debts -€73,245
down €73,245 (-88.6%), from €82,716 to €9,471
of which Taxes: -€57,864
- Reserves +€25,408
up €25,408 (+5.4%), from €471,812 to €497,220
of which Distributable reserves: +€42,308
- Trade debts -€20,036
down €20,036 (-82.6%), from €24,253 to €4,217
- Gross operating margin -€126,358
down €126,358 (-38.3%), from €330,334 to €203,976
- Staff costs -€68,026
down €68,026 (-53.5%), from €127,203 to €59,177
- Taxes -€34,779
down €34,779 (-61.0%), from €57,046 to €22,266
- Depreciation -€17,407
down €17,407 (-64.1%), from €27,161 to €9,755
- Provisions +€4,100
new in 2025: €4,100
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 | €723,479 | €540,008 | -€183,471 | -25.4% |
| Fixed assets | 21/28 | €94,811 | - | -€94,811 | |
| Tangible fixed assets | 22/27 | €94,676 | - | -€94,676 | |
| Land and buildings | 22 | €18,747 | - | -€18,747 | |
| Plant, machinery and equipment | 23 | €3,884 | - | -€3,884 | |
| Furniture and vehicles | 24 | €9,755 | - | -€9,755 | |
| Other tangible fixed assets | 26 | €62,290 | - | -€62,290 | |
| Financial fixed assets | 28 | €135 | - | -€135 | |
| Current assets | 29/58 | €628,668 | €540,008 | -€88,660 | -14.1% |
| Stocks and contracts in progress | 3 | €312,551 | - | -€312,551 | |
| Stocks | 30/36 | €312,551 | - | -€312,551 | |
| Amounts receivable within one year | 40/41 | €52,243 | €89,893 | +€37,650 | +72.1% |
| Trade receivables | 40 | €52,243 | €19,832 | -€32,411 | -62.0% |
| Other amounts receivable | 41 | - | €70,061 | +€70,061 | |
| Cash at bank and in hand | 54/58 | €260,210 | €448,597 | +€188,387 | +72.4% |
| Deferred charges and accrued income | 490/1 | €3,663 | €1,518 | -€2,145 | -58.6% |
| Total equity and liabilities | 10/49 | €723,479 | €540,008 | -€183,471 | -25.4% |
| Equity | 10/15 | €496,812 | €522,220 | +€25,408 | +5.1% |
| Contributions | 10/11 | €25,000 | €25,000 | = | 0.0% |
| Reserves | 13 | €471,812 | €497,220 | +€25,408 | +5.4% |
| Tax-exempt reserves | 132 | €16,900 | - | -€16,900 | |
| Distributable reserves | 133 | €454,912 | €497,220 | +€42,308 | +9.3% |
| Provisions and deferred taxes | 16 | - | €4,100 | +€4,100 | |
| Provisions for liabilities and charges | 160/5 | - | €4,100 | +€4,100 | |
| Other liabilities and charges | 164/5 | - | €4,100 | +€4,100 | |
| Amounts payable | 17/49 | €226,668 | €13,688 | -€212,979 | -94.0% |
| Amounts payable within one year | 42/48 | €224,566 | €13,688 | -€210,878 | -93.9% |
| Trade debts | 44 | €24,253 | €4,217 | -€20,036 | -82.6% |
| Suppliers | 440/4 | €24,253 | €4,217 | -€20,036 | -82.6% |
| Taxes, remuneration and social security | 45 | €82,716 | €9,471 | -€73,245 | -88.6% |
| Taxes | 450/3 | €59,120 | €1,257 | -€57,864 | -97.9% |
| Remuneration and social security | 454/9 | €23,596 | €8,214 | -€15,382 | -65.2% |
| Other amounts payable | 47/48 | €117,597 | - | -€117,597 | |
| Accrued charges and deferred income | 492/3 | €2,102 | - | -€2,102 | |
| Non-recurring operating income | 76A | - | €96,116 | +€96,116 | |
| Remuneration, social security and pensions | 62 | €127,203 | €59,177 | -€68,026 | -53.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €27,161 | €9,755 | -€17,407 | -64.1% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | - | €4,100 | +€4,100 | |
| Other operating charges | 640/8 | €4,360 | €3,121 | -€1,239 | -28.4% |
| Non-recurring operating charges | 66A | - | €81,038 | +€81,038 | |
| Gross operating margin | 9900 | €330,334 | €203,976 | -€126,358 | -38.3% |
| Operating profit (loss) | 9901 | €171,609 | €46,786 | -€124,823 | -72.7% |
| Financial income | 75/76B | - | €1,926 | +€1,926 | |
| Recurring financial income | 75 | - | €1,926 | +€1,926 | |
| Financial charges | 65/66B | €2,765 | €1,038 | -€1,728 | -62.5% |
| Recurring financial charges | 65 | €2,765 | €1,038 | -€1,728 | -62.5% |
| Profit (loss) for the period before taxes | 9903 | €168,844 | €47,674 | -€121,169 | -71.8% |
| Income taxes | 67/77 | €57,046 | €22,266 | -€34,779 | -61.0% |
| Profit (loss) for the period | 9904 | €111,798 | €25,408 | -€86,390 | -77.3% |
| Transfer from tax-exempt reserves | 789 | - | €16,900 | +€16,900 | |
| Profit (loss) for the period to be appropriated | 9905 | €111,798 | €42,308 | -€69,490 | -62.2% |
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 26 October 2026 via checked.be.