GARAGE COOLS: what changed
Two fiscal 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 COOLS
NACE 47.811, Retail sale of cars and light vans (up to 3.5 tonnes)
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€186,366
2024 · €165,309+€21,057
Equity
€1.1m
2024 · €1.0m+€36,330
Cash
€594,376
2024 · €542,616+€51,760
Balance sheet total
€1.7m
2024 · €1.7m-€84,749
Largest movements
Assets
- Receivables within one year -€254,924
down €254,924 (-45.7%), from €557,561 to €302,637
of which Trade receivables: -€255,405
- Stocks and contracts +€169,969
up €169,969 (+102.3%), from €166,076 to €336,045
- Cash +€51,760
up €51,760 (+9.5%), from €542,616 to €594,376
mainly Receivables within one year (+€254,924) and Net result for the year (+€186,366)
- Tangible fixed assets -€28,625
down €28,625 (-26.3%), from €108,769 to €80,144
of which Furniture and vehicles: -€35,713
- Deferred charges and accrued income -€22,929
down €22,929 (-51.2%), from €44,821 to €21,892
Equity and liabilities
- Debts after one year -€150,000
no longer reported in 2025 (was €150,000)
- Reserves +€36,330
up €36,330 (+4.1%), from €876,605 to €912,935
- Trade debts +€25,467
up €25,467 (+10.3%), from €246,303 to €271,770
Income statement
- Goods and materials -€1.2m
down €1.2m (-14.5%), from €8.6m to €7.3m
of which Change in stocks: decrease (increase): -€655,366
- Turnover -€999,138
down €999,138 (-10.7%), from €9.3m to €8.3m
- Services and other goods +€136,164
up €136,164 (+30.3%), from €449,898 to €586,062
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
€165,309
Turnover
-€999,138
Other operating income
-€34,282
Goods and materials
+€1.2m
Services and other goods
-€136,164
Staff costs
-€52,517
Depreciation
+€12,795
Write-downs
-€16,084
Provisions
+€7,603
Other operating charges
+€719
Other operating items
+€5,195
Financial income
-€3,240
Financial charges
-€1,169
Taxes
-€7,743
Result 2025
€186,366
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.
From operations
+€346,331
Investment
+€5,465
Financing
-€300,036
Cash 2024
€542,616
From operations (derived)
+€346,331
Net result for the year
+€186,366
Depreciation
+€23,160
Stocks and contracts
-€169,969
Receivables within one year
+€254,924
Deferred charges and accrued income
+€22,929
Provisions
-€3,655
Trade debts
+€25,467
Tax, wage and social debts
+€14,549
Advances received
-€5,200
Other debts
-€2,112
Accrued charges and deferred income
-€128
Investment (derived)
+€5,465
Investment in fixed assets (net)
+€5,465
Financing
-€300,036
Debts after one year
-€150,000
Contributions, distributions and other
-€150,036
Cash 2025
€594,376
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,747,194 | €1,662,444 | -€84,749 | -4.9% |
| Fixed assets | 21/28 | €136,119 | €107,494 | -€28,625 | -21.0% |
| Tangible fixed assets | 22/27 | €108,769 | €80,144 | -€28,625 | -26.3% |
| Land and buildings | 22 | €10,908 | €23,565 | +€12,656 | +116.0% |
| Plant, machinery and equipment | 23 | €21,914 | €14,732 | -€7,182 | -32.8% |
| Furniture and vehicles | 24 | €53,851 | €18,138 | -€35,713 | -66.3% |
| Other tangible fixed assets | 26 | €22,096 | €23,709 | +€1,614 | +7.3% |
| Financial fixed assets | 28 | €27,350 | €27,350 | = | 0.0% |
| Companies linked by participating interests | 282/3 | €26,850 | €26,850 | = | 0.0% |
| Participating interests | 282 | €26,850 | €26,850 | = | 0.0% |
| Other financial fixed assets | 284/8 | €500 | €500 | = | 0.0% |
| Amounts receivable and cash guarantees | 285/8 | €500 | €500 | = | 0.0% |
| Current assets | 29/58 | €1,611,075 | €1,554,951 | -€56,124 | -3.5% |
| Amounts receivable after more than one year | 29 | €300,000 | €300,000 | = | 0.0% |
| Other amounts receivable | 291 | €300,000 | €300,000 | = | 0.0% |
| Stocks and contracts in progress | 3 | €166,076 | €336,045 | +€169,969 | +102.3% |
| Stocks | 30/36 | €166,076 | €336,045 | +€169,969 | +102.3% |
| Goods purchased for resale | 34 | €166,076 | €336,045 | +€169,969 | +102.3% |
| Amounts receivable within one year | 40/41 | €557,561 | €302,637 | -€254,924 | -45.7% |
| Trade receivables | 40 | €546,802 | €291,396 | -€255,405 | -46.7% |
| Other amounts receivable | 41 | €10,760 | €11,241 | +€481 | +4.5% |
| Cash at bank and in hand | 54/58 | €542,616 | €594,376 | +€51,760 | +9.5% |
| Deferred charges and accrued income | 490/1 | €44,821 | €21,892 | -€22,929 | -51.2% |
| Total equity and liabilities | 10/49 | €1,747,194 | €1,662,444 | -€84,749 | -4.9% |
| Equity | 10/15 | €1,026,605 | €1,062,935 | +€36,330 | +3.5% |
| Contributions | 10/11 | €150,000 | €150,000 | = | 0.0% |
| Reserves | 13 | €876,605 | €912,935 | +€36,330 | +4.1% |
| Distributable reserves | 133 | €876,605 | €912,935 | +€36,330 | +4.1% |
| Provisions and deferred taxes | 16 | €41,420 | €37,765 | -€3,655 | -8.8% |
| Provisions for liabilities and charges | 160/5 | €41,420 | €37,765 | -€3,655 | -8.8% |
| Other liabilities and charges | 164/5 | €41,420 | €37,765 | -€3,655 | -8.8% |
| Amounts payable | 17/49 | €679,169 | €561,744 | -€117,425 | -17.3% |
| Amounts payable after more than one year | 17 | €150,000 | - | -€150,000 | |
| Other amounts payable | 178/9 | €150,000 | - | -€150,000 | |
| Amounts payable within one year | 42/48 | €527,709 | €560,412 | +€32,703 | +6.2% |
| Trade debts | 44 | €246,303 | €271,770 | +€25,467 | +10.3% |
| Suppliers | 440/4 | €246,303 | €271,770 | +€25,467 | +10.3% |
| Advances received on contracts in progress | 46 | €8,200 | €3,000 | -€5,200 | -63.4% |
| Taxes, remuneration and social security | 45 | €118,640 | €133,189 | +€14,549 | +12.3% |
| Taxes | 450/3 | €57,591 | €63,403 | +€5,811 | +10.1% |
| Remuneration and social security | 454/9 | €61,049 | €69,786 | +€8,738 | +14.3% |
| Other amounts payable | 47/48 | €154,565 | €152,453 | -€2,112 | -1.4% |
| Accrued charges and deferred income | 492/3 | €1,460 | €1,332 | -€128 | -8.8% |
| Operating income | 70/76A | €9,703,423 | €8,677,371 | -€1.0m | -10.6% |
| Turnover | 70 | €9,307,236 | €8,308,097 | -€999,138 | -10.7% |
| Other operating income | 74 | €396,187 | €361,905 | -€34,282 | -8.7% |
| Non-recurring operating income | 76A | - | €7,369 | +€7,369 | |
| Operating charges | 60/66A | €9,484,250 | €8,424,990 | -€1.1m | -11.2% |
| Goods for resale, raw materials and consumables | 60 | €8,594,730 | €7,349,648 | -€1.2m | -14.5% |
| Purchases | 600/8 | €8,125,418 | €7,535,701 | -€589,717 | -7.3% |
| Change in stocks: decrease (increase) | 609 | €469,312 | -€186,053 | -€655,366 | |
| Services and other goods | 61 | €449,898 | €586,062 | +€136,164 | +30.3% |
| Remuneration, social security and pensions | 62 | €394,050 | €446,567 | +€52,517 | +13.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €35,955 | €23,160 | -€12,795 | -35.6% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €16,084 | +€16,084 | |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | €3,948 | -€3,655 | -€7,603 | |
| Other operating charges | 640/8 | €5,669 | €4,950 | -€719 | -12.7% |
| Non-recurring operating charges | 66A | - | €2,174 | +€2,174 | |
| Operating profit (loss) | 9901 | €219,173 | €252,381 | +€33,208 | +15.2% |
| Financial income | 75/76B | €6,582 | €3,342 | -€3,240 | -49.2% |
| Recurring financial income | 75 | €6,582 | €3,342 | -€3,240 | -49.2% |
| Other financial income | 752/9 | €6,582 | €3,342 | -€3,240 | -49.2% |
| Financial charges | 65/66B | €2,437 | €3,606 | +€1,169 | +47.9% |
| Recurring financial charges | 65 | €2,437 | €3,606 | +€1,169 | +47.9% |
| Debt charges | 650 | €737 | €1,497 | +€759 | +103.0% |
| Other financial charges | 652/9 | €1,700 | €2,110 | +€409 | +24.1% |
| Profit (loss) for the period before taxes | 9903 | €223,317 | €252,117 | +€28,800 | +12.9% |
| Income taxes | 67/77 | €58,008 | €65,751 | +€7,743 | +13.3% |
| Taxes | 670/3 | €58,008 | €65,751 | +€7,743 | +13.3% |
| Profit (loss) for the period | 9904 | €165,309 | €186,366 | +€21,057 | +12.7% |
| Profit (loss) for the period to be appropriated | 9905 | €165,309 | €186,366 | +€21,057 | +12.7% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.