Garage Centrum: 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 Centrum
Largest movements
- Cash +€18,263
up €18,263 (+32.9%), from €55,434 to €73,697
mainly Net result for the year (+€48,085) and Trade debts (+€19,057)
- Tangible fixed assets -€15,466
down €15,466 (-25.8%), from €60,050 to €44,584
of which Land and buildings: -€13,665
- Stocks and contracts -€11,809
down €11,809 (-24.6%), from €48,052 to €36,244
- Receivables within one year -€9,208
down €9,208 (-6.5%), from €141,907 to €132,699
of which Trade receivables: -€15,096
- Deferred charges and accrued income +€9,032
up €9,032 (+263.4%), from €3,429 to €12,461
- Debts after one year -€79,594
no longer reported in 2026 (was €79,594)
- Reserves +€48,085
up €48,085 (+43.9%), from €109,601 to €157,686
- Trade debts +€19,057
up €19,057 (+80.9%), from €23,570 to €42,626
- Tax, wage and social debts +€3,998
up €3,998 (+21.3%), from €18,744 to €22,742
of which Remuneration and social security: +€2,907
- Gross operating margin +€45,062
up €45,062 (+20.3%), from €222,153 to €267,215
- Staff costs +€13,636
up €13,636 (+9.2%), from €148,377 to €162,013
- Taxes +€11,305
up €11,305 (+92.0%), from €12,286 to €23,591
- Financial charges -€7,684
down €7,684 (-40.6%), from €18,929 to €11,245
From the 2025 result to the 2026 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 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €308,872 | €299,685 | -€9,187 | -3.0% |
| Fixed assets | 21/28 | €60,050 | €44,584 | -€15,466 | -25.8% |
| Tangible fixed assets | 22/27 | €60,050 | €44,584 | -€15,466 | -25.8% |
| Land and buildings | 22 | €48,956 | €35,291 | -€13,665 | -27.9% |
| Plant, machinery and equipment | 23 | €9,938 | €7,722 | -€2,215 | -22.3% |
| Furniture and vehicles | 24 | €1,156 | €1,571 | +€415 | +35.9% |
| Current assets | 29/58 | €248,822 | €255,101 | +€6,279 | +2.5% |
| Stocks and contracts in progress | 3 | €48,052 | €36,244 | -€11,809 | -24.6% |
| Stocks | 30/36 | €48,052 | €36,244 | -€11,809 | -24.6% |
| Amounts receivable within one year | 40/41 | €141,907 | €132,699 | -€9,208 | -6.5% |
| Trade receivables | 40 | €112,928 | €97,832 | -€15,096 | -13.4% |
| Other amounts receivable | 41 | €28,979 | €34,867 | +€5,888 | +20.3% |
| Cash at bank and in hand | 54/58 | €55,434 | €73,697 | +€18,263 | +32.9% |
| Deferred charges and accrued income | 490/1 | €3,429 | €12,461 | +€9,032 | +263.4% |
| Total equity and liabilities | 10/49 | €308,872 | €299,685 | -€9,187 | -3.0% |
| Equity | 10/15 | €153,719 | €201,804 | +€48,085 | +31.3% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €109,601 | €157,686 | +€48,085 | +43.9% |
| Distributable reserves | 133 | €109,601 | €157,686 | +€48,085 | +43.9% |
| Profit (loss) carried forward | 14 | €25,518 | €25,518 | = | 0.0% |
| Amounts payable | 17/49 | €155,153 | €97,880 | -€57,273 | -36.9% |
| Amounts payable after more than one year | 17 | €79,594 | - | -€79,594 | |
| Financial debts | 170/4 | €79,594 | - | -€79,594 | |
| Amounts payable within one year | 42/48 | €75,559 | €97,880 | +€22,321 | +29.5% |
| Current portion of amounts payable after more than one year | 42 | €17,317 | €16,594 | -€724 | -4.2% |
| Financial debts | 43 | €15,928 | €15,919 | -€10 | -0.1% |
| Credit institutions | 430/8 | €15,928 | €15,919 | -€10 | -0.1% |
| Trade debts | 44 | €23,570 | €42,626 | +€19,057 | +80.9% |
| Suppliers | 440/4 | €23,570 | €42,626 | +€19,057 | +80.9% |
| Taxes, remuneration and social security | 45 | €18,744 | €22,742 | +€3,998 | +21.3% |
| Taxes | 450/3 | - | €1,091 | +€1,091 | |
| Remuneration and social security | 454/9 | €18,744 | €21,650 | +€2,907 | +15.5% |
| Remuneration, social security and pensions | 62 | €148,377 | €162,013 | +€13,636 | +9.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €19,415 | €18,931 | -€484 | -2.5% |
| Other operating charges | 640/8 | €5,271 | €3,406 | -€1,864 | -35.4% |
| Gross operating margin | 9900 | €222,153 | €267,215 | +€45,062 | +20.3% |
| Operating profit (loss) | 9901 | €49,091 | €82,866 | +€33,775 | +68.8% |
| Financial income | 75/76B | €456 | €56 | -€400 | -87.8% |
| Recurring financial income | 75 | €456 | €56 | -€400 | -87.8% |
| Financial charges | 65/66B | €18,929 | €11,245 | -€7,684 | -40.6% |
| Recurring financial charges | 65 | €18,929 | €11,245 | -€7,684 | -40.6% |
| Profit (loss) for the period before taxes | 9903 | €30,618 | €71,677 | +€41,058 | +134.1% |
| Income taxes | 67/77 | €12,286 | €23,591 | +€11,305 | +92.0% |
| Profit (loss) for the period | 9904 | €18,332 | €48,085 | +€29,754 | +162.3% |
| Profit (loss) for the period to be appropriated | 9905 | €18,332 | €48,085 | +€29,754 | +162.3% |
Source: filed annual accounts (NBB), financial years ended 31 March 2025 and 31 March 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 11 October 2026 via checked.be.