Garage CHIF: 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.
What changed
Garage CHIF
NACE 77.110, Renting and leasing of cars and light motor vehicles
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€433,335
2024 · €82,416+€350,919
Equity
€7.7m
2024 · €7.3m+€433,335
Cash
€3.5m
2024 · €3.8m-€292,153
Balance sheet total
€11.3m
2024 · €11.2m+€137,019
Largest movements
Assets
- Receivables within one year +€658,520
up €658,520 (+35.3%), from €1.9m to €2.5m
of which Trade receivables: +€751,480
- Stocks and contracts -€312,054
down €312,054 (-7.9%), from €3.9m to €3.6m
- Cash -€292,153
down €292,153 (-7.8%), from €3.8m to €3.5m
mainly Receivables within one year (-€658,520) and Trade debts (-€509,337)
Equity and liabilities
- Trade debts -€509,337
down €509,337 (-13.7%), from €3.7m to €3.2m
- Profit (loss) carried forward +€433,335
up €433,335 (+9.5%), from €4.6m to €5.0m
- Tax, wage and social debts +€213,021
up €213,021 (+105%), from €202,536 to €415,557
of which Taxes: +€126,268
Income statement
- Turnover +€4.2m
up €4.2m (+14.0%), from €30.3m to €34.5m
- Goods and materials +€3.3m
up €3.3m (+13.6%), from €24.3m to €27.6m
of which Purchases: +€3.4m
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.
Result 2024
€82,416
Turnover
+€4.2m
Other operating income
+€68,186
Goods and materials
-€3.3m
Services and other goods
-€54,832
Staff costs
-€250,329
Depreciation
-€107,738
Write-downs
-€118,054
Other operating charges
-€4,703
Other operating items
+€1,189
Financial income
+€1,998
Financial charges
+€7,505
Taxes
-€112,327
Result 2025
€433,335
raises the resultlowers the resultnot broken down further in the accounts
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.
From operations
+€183,352
Investment
-€475,505
Financing
€0
Cash 2024
€3.8m
From operations (derived)
+€183,352
Net result for the year
+€433,335
Depreciation
+€453,348
Stocks and contracts
+€312,054
Receivables within one year
-€658,520
Deferred charges and accrued income
-€60,548
Trade debts
-€509,337
Tax, wage and social debts
+€213,021
Investment (derived)
-€475,505
Investment in fixed assets (net)
-€475,505
Cash 2025
€3.5m
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €11,206,563 | €11,343,582 | +€137,019 | +1.2% |
| Fixed assets | 21/28 | €1,570,299 | €1,592,456 | +€22,157 | +1.4% |
| Tangible fixed assets | 22/27 | €1,569,995 | €1,592,152 | +€22,157 | +1.4% |
| Land and buildings | 22 | €1,392,180 | €1,374,141 | -€18,038 | -1.3% |
| Plant, machinery and equipment | 23 | €12,167 | €55,598 | +€43,430 | +357% |
| Furniture and vehicles | 24 | €165,648 | €162,413 | -€3,235 | -2.0% |
| Financial fixed assets | 28 | €304 | €304 | = | 0.0% |
| Other financial fixed assets | 284/8 | €304 | €304 | = | 0.0% |
| Amounts receivable and cash guarantees | 285/8 | €304 | €304 | = | 0.0% |
| Current assets | 29/58 | €9,636,264 | €9,751,126 | +€114,861 | +1.2% |
| Stocks and contracts in progress | 3 | €3,928,158 | €3,616,104 | -€312,054 | -7.9% |
| Stocks | 30/36 | €3,928,158 | €3,616,104 | -€312,054 | -7.9% |
| Goods purchased for resale | 34 | €3,928,158 | €3,616,104 | -€312,054 | -7.9% |
| Amounts receivable within one year | 40/41 | €1,863,615 | €2,522,135 | +€658,520 | +35.3% |
| Trade receivables | 40 | €131,457 | €882,937 | +€751,480 | +572% |
| Other amounts receivable | 41 | €1,732,158 | €1,639,198 | -€92,960 | -5.4% |
| Cash at bank and in hand | 54/58 | €3,758,292 | €3,466,139 | -€292,153 | -7.8% |
| Deferred charges and accrued income | 490/1 | €86,199 | €146,747 | +€60,548 | +70.2% |
| Total equity and liabilities | 10/49 | €11,206,563 | €11,343,582 | +€137,019 | +1.2% |
| Equity | 10/15 | €7,286,229 | €7,719,564 | +€433,335 | +5.9% |
| Contributions | 10/11 | €2,097,060 | €2,097,060 | = | 0.0% |
| Capital | 10 | €2,097,060 | €2,097,060 | = | 0.0% |
| Issued capital | 100 | €2,097,060 | €2,097,060 | = | 0.0% |
| Reserves | 13 | €633,596 | €633,596 | = | 0.0% |
| Non-distributable reserves | 130/1 | €209,706 | €209,706 | = | 0.0% |
| Legal reserve | 130 | €209,706 | €209,706 | = | 0.0% |
| Tax-exempt reserves | 132 | €423,890 | €423,890 | = | 0.0% |
| Profit (loss) carried forward | 14 | €4,555,572 | €4,988,907 | +€433,335 | +9.5% |
| Amounts payable | 17/49 | €3,920,334 | €3,624,018 | -€296,316 | -7.6% |
| Amounts payable within one year | 42/48 | €3,920,334 | €3,624,018 | -€296,316 | -7.6% |
| Trade debts | 44 | €3,717,798 | €3,208,461 | -€509,337 | -13.7% |
| Suppliers | 440/4 | €3,717,798 | €3,208,461 | -€509,337 | -13.7% |
| Taxes, remuneration and social security | 45 | €202,536 | €415,557 | +€213,021 | +105% |
| Taxes | 450/3 | - | €126,268 | +€126,268 | |
| Remuneration and social security | 454/9 | €202,536 | €289,289 | +€86,753 | +42.8% |
| Operating income | 70/76A | €30,442,801 | €34,737,343 | +€4.3m | +14.1% |
| Turnover | 70 | €30,255,805 | €34,480,970 | +€4.2m | +14.0% |
| Other operating income | 74 | €178,656 | €246,842 | +€68,186 | +38.2% |
| Non-recurring operating income | 76A | €8,341 | €9,530 | +€1,189 | +14.3% |
| Operating charges | 60/66A | €30,318,665 | €34,159,464 | +€3.8m | +12.7% |
| Goods for resale, raw materials and consumables | 60 | €24,290,526 | €27,595,670 | +€3.3m | +13.6% |
| Purchases | 600/8 | €23,895,339 | €27,283,616 | +€3.4m | +14.2% |
| Change in stocks: decrease (increase) | 609 | €395,188 | €312,054 | -€83,134 | -21.0% |
| Services and other goods | 61 | €3,061,764 | €3,116,596 | +€54,832 | +1.8% |
| Remuneration, social security and pensions | 62 | €2,676,209 | €2,926,538 | +€250,329 | +9.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €345,610 | €453,348 | +€107,738 | +31.2% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€66,680 | €51,374 | +€118,054 | |
| Other operating charges | 640/8 | €11,236 | €15,938 | +€4,703 | +41.9% |
| Operating profit (loss) | 9901 | €124,136 | €577,879 | +€453,743 | +366% |
| Financial income | 75/76B | - | €1,998 | +€1,998 | |
| Recurring financial income | 75 | - | €1,998 | +€1,998 | |
| Other financial income | 752/9 | - | €1,998 | +€1,998 | |
| Financial charges | 65/66B | €38,168 | €30,662 | -€7,505 | -19.7% |
| Recurring financial charges | 65 | €38,168 | €30,662 | -€7,505 | -19.7% |
| Other financial charges | 652/9 | €38,168 | €30,662 | -€7,505 | -19.7% |
| Profit (loss) for the period before taxes | 9903 | €85,968 | €549,214 | +€463,246 | +539% |
| Income taxes | 67/77 | €3,553 | €115,879 | +€112,327 | +3,162% |
| Taxes | 670/3 | €3,553 | €115,879 | +€112,327 | +3,162% |
| Profit (loss) for the period | 9904 | €82,416 | €433,335 | +€350,919 | +426% |
| Profit (loss) for the period to be appropriated | 9905 | €82,416 | €433,335 | +€350,919 | +426% |
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 31 October 2026 via checked.be.