GARAGE COPPENS: 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 COPPENS
Largest movements
- Stocks and contracts -€47,413
down €47,413 (-22.6%), from €209,755 to €162,342
- Receivables within one year -€31,488
down €31,488 (-46.7%), from €67,378 to €35,890
of which Other amounts receivable: -€27,053
- Tangible fixed assets -€21,116
down €21,116 (-7.8%), from €270,855 to €249,739
of which Furniture and vehicles: -€15,379
- Cash +€21,091
up €21,091 (+310%), from €6,801 to €27,892
mainly Debts after one year (+€50,000) and Stocks and contracts (+€47,413)
- Trade debts -€107,164
down €107,164 (-88.6%), from €121,013 to €13,849
- Reserves -€57,472
down €57,472 (-13.8%), from €416,576 to €359,104
- Debts after one year +€50,000
new in 2025: €50,000
- Other debts +€28,974
new in 2025: €28,974
- Tax, wage and social debts +€13,251
up €13,251 (+215%), from €6,156 to €19,407
of which Remuneration and social security: +€9,260
- Gross operating margin +€29,110
up €29,110 (+17.7%), from €164,344 to €193,453
- Staff costs +€20,358
up €20,358 (+15.1%), from €135,130 to €155,488
- Depreciation +€1,960
up €1,960 (+8.9%), from €22,124 to €24,084
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 | €555,714 | €484,094 | -€71,620 | -12.9% |
| Fixed assets | 21/28 | €270,979 | €252,802 | -€18,177 | -6.7% |
| Intangible fixed assets | 21 | - | €2,939 | +€2,939 | |
| Tangible fixed assets | 22/27 | €270,855 | €249,739 | -€21,116 | -7.8% |
| Land and buildings | 22 | €197,197 | €194,231 | -€2,967 | -1.5% |
| Plant, machinery and equipment | 23 | €21,854 | €19,083 | -€2,771 | -12.7% |
| Furniture and vehicles | 24 | €51,804 | €36,426 | -€15,379 | -29.7% |
| Financial fixed assets | 28 | €124 | €124 | = | 0.0% |
| Current assets | 29/58 | €284,735 | €231,292 | -€53,443 | -18.8% |
| Stocks and contracts in progress | 3 | €209,755 | €162,342 | -€47,413 | -22.6% |
| Stocks | 30/36 | €209,755 | €162,342 | -€47,413 | -22.6% |
| Amounts receivable within one year | 40/41 | €67,378 | €35,890 | -€31,488 | -46.7% |
| Trade receivables | 40 | €31,595 | €27,160 | -€4,435 | -14.0% |
| Other amounts receivable | 41 | €35,783 | €8,730 | -€27,053 | -75.6% |
| Cash at bank and in hand | 54/58 | €6,801 | €27,892 | +€21,091 | +310% |
| Deferred charges and accrued income | 490/1 | €801 | €5,169 | +€4,367 | +545% |
| Total equity and liabilities | 10/49 | €555,714 | €484,094 | -€71,620 | -12.9% |
| Equity | 10/15 | €428,389 | €370,917 | -€57,472 | -13.4% |
| Contributions | 10/11 | €8,604 | €8,604 | = | 0.0% |
| Reserves | 13 | €416,576 | €359,104 | -€57,472 | -13.8% |
| Distributable reserves | 133 | €416,576 | €359,104 | -€57,472 | -13.8% |
| Profit (loss) carried forward | 14 | €3,209 | €3,209 | = | 0.0% |
| Amounts payable | 17/49 | €127,325 | €113,176 | -€14,148 | -11.1% |
| Amounts payable after more than one year | 17 | - | €50,000 | +€50,000 | |
| Financial debts | 170/4 | - | €50,000 | +€50,000 | |
| Amounts payable within one year | 42/48 | €127,170 | €62,231 | -€64,938 | -51.1% |
| Trade debts | 44 | €121,013 | €13,849 | -€107,164 | -88.6% |
| Suppliers | 440/4 | €121,013 | €13,849 | -€107,164 | -88.6% |
| Taxes, remuneration and social security | 45 | €6,156 | €19,407 | +€13,251 | +215% |
| Taxes | 450/3 | €1,792 | €5,784 | +€3,991 | +223% |
| Remuneration and social security | 454/9 | €4,364 | €13,624 | +€9,260 | +212% |
| Other amounts payable | 47/48 | - | €28,974 | +€28,974 | |
| Accrued charges and deferred income | 492/3 | €155 | €945 | +€790 | +510% |
| Non-recurring operating income | 76A | - | €450 | +€450 | |
| Remuneration, social security and pensions | 62 | €135,130 | €155,488 | +€20,358 | +15.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €22,124 | €24,084 | +€1,960 | +8.9% |
| Other operating charges | 640/8 | €7,900 | €7,830 | -€69 | -0.9% |
| Gross operating margin | 9900 | €164,344 | €193,453 | +€29,110 | +17.7% |
| Operating profit (loss) | 9901 | -€810 | €6,051 | +€6,861 | |
| Financial income | 75/76B | €272 | €13 | -€259 | -95.1% |
| Recurring financial income | 75 | €272 | €13 | -€259 | -95.1% |
| Financial charges | 65/66B | €70 | €306 | +€237 | +340% |
| Recurring financial charges | 65 | €70 | €306 | +€237 | +340% |
| Profit (loss) for the period before taxes | 9903 | -€608 | €5,758 | +€6,365 | |
| Income taxes | 67/77 | €956 | €1,895 | +€939 | +98.2% |
| Profit (loss) for the period | 9904 | -€1,564 | €3,863 | +€5,426 | |
| Profit (loss) for the period to be appropriated | 9905 | -€1,564 | €3,863 | +€5,426 |
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 23 October 2026 via checked.be.