GARAGE CENTRAL: 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 CENTRAL
Largest movements
- Cash +€655,442
up €655,442 (+237%), from €276,601 to €932,043
mainly Stocks and contracts (+€559,886) and Receivables within one year (+€229,642)
- Stocks and contracts -€559,886
down €559,886 (-60.8%), from €920,546 to €360,661
- Receivables within one year -€229,642
down €229,642 (-27.2%), from €844,378 to €614,736
of which Trade receivables: -€230,211
- Tangible fixed assets -€46,145
down €46,145 (-18.1%), from €254,289 to €208,144
of which Plant, machinery and equipment: -€47,328
- Deferred charges and accrued income -€43,856
down €43,856 (-28.6%), from €153,349 to €109,493
- Trade debts -€208,068
down €208,068 (-44.7%), from €465,919 to €257,851
- Accrued charges and deferred income +€80,000
new in 2025: €80,000
- Short-term financial debts -€75,000
down €75,000 (-6.2%), from €1.2m to €1.1m
- Profit (loss) carried forward -€62,343
down €62,343 (-6.9%), from €898,172 to €835,829
- Tax, wage and social debts +€46,253
up €46,253 (+55.7%), from €83,057 to €129,310
of which Taxes: +€30,732
- Other operating charges +€146,940
up €146,940 (+323%), from €45,428 to €192,368
- Staff costs +€87,828
up €87,828 (+11.2%), from €787,322 to €875,150
- Gross operating margin +€67,276
up €67,276 (+5.8%), from €1.2m to €1.2m
- Write-downs +€31,957
new in 2025: €31,957
- Taxes -€26,621
down €26,621 (-52.9%), from €50,355 to €23,734
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 | €2,898,468 | €2,651,992 | -€246,476 | -8.5% |
| Fixed assets | 21/28 | €277,593 | €229,059 | -€48,535 | -17.5% |
| Intangible fixed assets | 21 | €6,800 | €4,410 | -€2,389 | -35.1% |
| Tangible fixed assets | 22/27 | €254,289 | €208,144 | -€46,145 | -18.1% |
| Land and buildings | 22 | €45,191 | €41,531 | -€3,660 | -8.1% |
| Plant, machinery and equipment | 23 | €198,540 | €151,212 | -€47,328 | -23.8% |
| Furniture and vehicles | 24 | €9,557 | €15,400 | +€5,843 | +61.1% |
| Other tangible fixed assets | 26 | €1,000 | - | -€1,000 | |
| Financial fixed assets | 28 | €16,505 | €16,505 | = | 0.0% |
| Current assets | 29/58 | €2,620,874 | €2,422,933 | -€197,941 | -7.6% |
| Amounts receivable after more than one year | 29 | €426,000 | €406,000 | -€20,000 | -4.7% |
| Trade receivables | 290 | €426,000 | - | -€426,000 | |
| Other amounts receivable | 291 | - | €406,000 | +€406,000 | |
| Stocks and contracts in progress | 3 | €920,546 | €360,661 | -€559,886 | -60.8% |
| Stocks | 30/36 | €920,546 | €360,661 | -€559,886 | -60.8% |
| Amounts receivable within one year | 40/41 | €844,378 | €614,736 | -€229,642 | -27.2% |
| Trade receivables | 40 | €789,877 | €559,665 | -€230,211 | -29.1% |
| Other amounts receivable | 41 | €54,501 | €55,071 | +€570 | +1.0% |
| Cash at bank and in hand | 54/58 | €276,601 | €932,043 | +€655,442 | +237% |
| Deferred charges and accrued income | 490/1 | €153,349 | €109,493 | -€43,856 | -28.6% |
| Total equity and liabilities | 10/49 | €2,898,468 | €2,651,992 | -€246,476 | -8.5% |
| Equity | 10/15 | €952,708 | €890,366 | -€62,343 | -6.5% |
| Contributions | 10/11 | €49,579 | €49,579 | = | 0.0% |
| Reserves | 13 | €4,958 | €4,958 | = | 0.0% |
| Non-distributable reserves | 130/1 | €4,958 | €4,958 | = | 0.0% |
| Reserves not available under the articles | 1311 | €4,958 | €4,958 | = | 0.0% |
| Profit (loss) carried forward | 14 | €898,172 | €835,829 | -€62,343 | -6.9% |
| Amounts payable | 17/49 | €1,945,759 | €1,761,626 | -€184,133 | -9.5% |
| Amounts payable after more than one year | 17 | €134,665 | €106,789 | -€27,877 | -20.7% |
| Financial debts | 170/4 | €134,665 | €106,789 | -€27,877 | -20.7% |
| Amounts payable within one year | 42/48 | €1,811,094 | €1,574,837 | -€236,257 | -13.0% |
| Current portion of amounts payable after more than one year | 42 | €49,618 | €50,176 | +€559 | +1.1% |
| Financial debts | 43 | €1,212,500 | €1,137,500 | -€75,000 | -6.2% |
| Credit institutions | 430/8 | €1,212,500 | €1,137,500 | -€75,000 | -6.2% |
| Trade debts | 44 | €465,919 | €257,851 | -€208,068 | -44.7% |
| Suppliers | 440/4 | €465,919 | €257,851 | -€208,068 | -44.7% |
| Taxes, remuneration and social security | 45 | €83,057 | €129,310 | +€46,253 | +55.7% |
| Taxes | 450/3 | €5,086 | €35,818 | +€30,732 | +604% |
| Remuneration and social security | 454/9 | €77,971 | €93,492 | +€15,520 | +19.9% |
| Accrued charges and deferred income | 492/3 | - | €80,000 | +€80,000 | |
| Remuneration, social security and pensions | 62 | €787,322 | €875,150 | +€87,828 | +11.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €108,996 | €105,415 | -€3,581 | -3.3% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €31,957 | +€31,957 | |
| Other operating charges | 640/8 | €45,428 | €192,368 | +€146,940 | +323% |
| Gross operating margin | 9900 | €1,164,272 | €1,231,548 | +€67,276 | +5.8% |
| Operating profit (loss) | 9901 | €222,526 | €26,658 | -€195,869 | -88.0% |
| Financial income | 75/76B | €230 | €20 | -€210 | -91.1% |
| Recurring financial income | 75 | €230 | €20 | -€210 | -91.1% |
| Financial charges | 65/66B | €88,216 | €65,287 | -€22,929 | -26.0% |
| Recurring financial charges | 65 | €88,216 | €65,287 | -€22,929 | -26.0% |
| Profit (loss) for the period before taxes | 9903 | €134,541 | -€38,608 | -€173,149 | |
| Income taxes | 67/77 | €50,355 | €23,734 | -€26,621 | -52.9% |
| Profit (loss) for the period | 9904 | €84,186 | -€62,343 | -€146,528 | |
| Profit (loss) for the period to be appropriated | 9905 | €84,186 | -€62,343 | -€146,528 |
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 29 October 2026 via checked.be.