GARAGE COENE: 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 COENE
Largest movements
- Tangible fixed assets -€9,385
down €9,385 (-3.2%), from €294,130 to €284,745
of which Land and buildings: -€9,664
- Cash +€5,427
up €5,427 (+24.6%), from €22,076 to €27,503
mainly Depreciation (+€11,885) and Receivables within one year (+€2,296)
- Profit (loss) carried forward -€5,636
down €5,636 (-71.3%), from -€7,906 to -€13,542
- Gross operating margin +€4,117
up €4,117 (+37.9%), from €10,876 to €14,993
- Taxes +€2,101
up €2,101 (+234%), from €899 to €3,000
- Staff costs -€828
down €828 (-63.9%), from €1,297 to €469
- Other operating charges +€690
up €690 (+15.6%), from €4,427 to €5,117
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 | €323,576 | €317,473 | -€6,103 | -1.9% |
| Fixed assets | 21/28 | €294,130 | €284,745 | -€9,385 | -3.2% |
| Tangible fixed assets | 22/27 | €294,130 | €284,745 | -€9,385 | -3.2% |
| Land and buildings | 22 | €289,543 | €279,879 | -€9,664 | -3.3% |
| Plant, machinery and equipment | 23 | €0 | €2,000 | +€2,000 | |
| Furniture and vehicles | 24 | €4,587 | €2,867 | -€1,720 | -37.5% |
| Current assets | 29/58 | €29,446 | €32,728 | +€3,282 | +11.1% |
| Stocks and contracts in progress | 3 | €723 | €874 | +€151 | +20.9% |
| Stocks | 30/36 | €723 | €874 | +€151 | +20.9% |
| Amounts receivable within one year | 40/41 | €6,647 | €4,351 | -€2,296 | -34.5% |
| Trade receivables | 40 | €6,600 | €4,351 | -€2,249 | -34.1% |
| Other amounts receivable | 41 | €47 | - | -€47 | |
| Cash at bank and in hand | 54/58 | €22,076 | €27,503 | +€5,427 | +24.6% |
| Total equity and liabilities | 10/49 | €323,576 | €317,473 | -€6,103 | -1.9% |
| Equity | 10/15 | €222,860 | €217,224 | -€5,636 | -2.5% |
| Contributions | 10/11 | €142,000 | €142,000 | = | 0.0% |
| Reserves | 13 | €88,766 | €88,766 | +€0 | 0.0% |
| Distributable reserves | 133 | €88,766 | €88,766 | +€0 | 0.0% |
| Profit (loss) carried forward | 14 | -€7,906 | -€13,542 | -€5,636 | -71.3% |
| Amounts payable | 17/49 | €100,716 | €100,249 | -€467 | -0.5% |
| Amounts payable within one year | 42/48 | €100,716 | €100,249 | -€467 | -0.5% |
| Trade debts | 44 | €583 | €1,957 | +€1,374 | +236% |
| Suppliers | 440/4 | €583 | €1,957 | +€1,374 | +236% |
| Taxes, remuneration and social security | 45 | - | €160 | +€160 | |
| Taxes | 450/3 | - | €160 | +€160 | |
| Other amounts payable | 47/48 | €100,133 | €98,132 | -€2,001 | -2.0% |
| Remuneration, social security and pensions | 62 | €1,297 | €469 | -€828 | -63.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,013 | €11,885 | -€128 | -1.1% |
| Other operating charges | 640/8 | €4,427 | €5,117 | +€690 | +15.6% |
| Gross operating margin | 9900 | €10,876 | €14,993 | +€4,117 | +37.9% |
| Operating profit (loss) | 9901 | -€6,861 | -€2,477 | +€4,384 | +63.9% |
| Financial charges | 65/66B | €146 | €159 | +€13 | +9.1% |
| Recurring financial charges | 65 | €146 | €159 | +€13 | +9.1% |
| Profit (loss) for the period before taxes | 9903 | -€7,007 | -€2,636 | +€4,371 | +62.4% |
| Income taxes | 67/77 | €899 | €3,000 | +€2,101 | +234% |
| Profit (loss) for the period | 9904 | -€7,906 | -€5,636 | +€2,270 | +28.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€7,906 | -€5,636 | +€2,270 | +28.7% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 21 October 2026 via checked.be.