GARAGE CARMA: 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 CARMA
Largest movements
- Cash -€8,937
down €8,937 (-91.6%), from €9,756 to €820
mainly Tax, wage and social debts (-€17,090) and Trade debts (-€14,120)
- Tangible fixed assets -€8,338
down €8,338 (-27.4%), from €30,437 to €22,100
of which Furniture and vehicles: -€5,471
- Receivables within one year -€1,599
down €1,599 (-55.5%), from €2,883 to €1,284
- Deferred charges and accrued income +€598
new in 2025: €598
- Tax, wage and social debts -€17,090
down €17,090 (-55.9%), from €30,575 to €13,485
of which Taxes: -€13,872
- Profit (loss) carried forward +€16,935
up €16,935 (+33.4%), from -€50,736 to -€33,801
- Trade debts -€14,120
down €14,120 (-49.5%), from €28,516 to €14,396
- Debts after one year -€6,827
down €6,827 (-37.9%), from €18,033 to €11,206
- Other debts +€2,354
up €2,354 (+32.1%), from €7,335 to €9,689
- Staff costs -€24,554
down €24,554 (-87.5%), from €28,068 to €3,514
- Other operating charges -€2,111
down €2,111 (-37.8%), from €5,585 to €3,474
- Financial charges -€1,848
down €1,848 (-47.9%), from €3,861 to €2,013
- Gross operating margin +€677
up €677 (+2.0%), from €33,595 to €34,271
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.
Cash bridge derived
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 | €43,076 | €24,801 | -€18,276 | -42.4% |
| Fixed assets | 21/28 | €30,437 | €22,100 | -€8,338 | -27.4% |
| Tangible fixed assets | 22/27 | €30,437 | €22,100 | -€8,338 | -27.4% |
| Plant, machinery and equipment | 23 | €11,744 | €8,878 | -€2,867 | -24.4% |
| Furniture and vehicles | 24 | €18,693 | €13,222 | -€5,471 | -29.3% |
| Current assets | 29/58 | €12,639 | €2,701 | -€9,938 | -78.6% |
| Amounts receivable within one year | 40/41 | €2,883 | €1,284 | -€1,599 | -55.5% |
| Trade receivables | 40 | €2,883 | €1,284 | -€1,599 | -55.5% |
| Cash at bank and in hand | 54/58 | €9,756 | €820 | -€8,937 | -91.6% |
| Deferred charges and accrued income | 490/1 | - | €598 | +€598 | |
| Total equity and liabilities | 10/49 | €43,076 | €24,801 | -€18,276 | -42.4% |
| Equity | 10/15 | -€47,736 | -€30,801 | +€16,935 | +35.5% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€50,736 | -€33,801 | +€16,935 | +33.4% |
| Amounts payable | 17/49 | €90,812 | €55,602 | -€35,210 | -38.8% |
| Amounts payable after more than one year | 17 | €18,033 | €11,206 | -€6,827 | -37.9% |
| Financial debts | 170/4 | €18,033 | €11,206 | -€6,827 | -37.9% |
| Amounts payable within one year | 42/48 | €72,780 | €44,396 | -€28,384 | -39.0% |
| Current portion of amounts payable after more than one year | 42 | €6,354 | €6,827 | +€473 | +7.5% |
| Trade debts | 44 | €28,516 | €14,396 | -€14,120 | -49.5% |
| Suppliers | 440/4 | €28,516 | €14,396 | -€14,120 | -49.5% |
| Taxes, remuneration and social security | 45 | €30,575 | €13,485 | -€17,090 | -55.9% |
| Taxes | 450/3 | €14,852 | €980 | -€13,872 | -93.4% |
| Remuneration and social security | 454/9 | €15,722 | €12,504 | -€3,218 | -20.5% |
| Other amounts payable | 47/48 | €7,335 | €9,689 | +€2,354 | +32.1% |
| Remuneration, social security and pensions | 62 | €28,068 | €3,514 | -€24,554 | -87.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,338 | €8,338 | = | 0.0% |
| Other operating charges | 640/8 | €5,585 | €3,474 | -€2,111 | -37.8% |
| Gross operating margin | 9900 | €33,595 | €34,271 | +€677 | +2.0% |
| Operating profit (loss) | 9901 | -€8,395 | €18,946 | +€27,341 | |
| Financial income | 75/76B | €0 | €2 | +€2 | +3900.0% |
| Recurring financial income | 75 | €0 | €2 | +€2 | +3900.0% |
| Financial charges | 65/66B | €3,861 | €2,013 | -€1,848 | -47.9% |
| Recurring financial charges | 65 | €3,861 | €2,013 | -€1,848 | -47.9% |
| Profit (loss) for the period before taxes | 9903 | -€12,256 | €16,935 | +€29,191 | |
| Profit (loss) for the period | 9904 | -€12,256 | €16,935 | +€29,191 | |
| Profit (loss) for the period to be appropriated | 9905 | -€12,256 | €16,935 | +€29,191 |
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 9 October 2026 via checked.be.