GARAGE COX: 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 COX
Largest movements
- Stocks and contracts -€30,230
no longer reported in 2025 (was €30,230)
- Receivables within one year -€15,095
down €15,095 (-78.8%), from €19,149 to €4,053
of which Other amounts receivable: -€13,075
- Tangible fixed assets -€6,733
down €6,733 (-2.4%), from €282,991 to €276,258
of which Land and buildings: -€6,463
- Profit (loss) carried forward -€26,555
down €26,555 (-46.7%), from -€56,858 to -€83,413
- Tax, wage and social debts -€13,028
down €13,028 (-91.5%), from €14,239 to €1,211
- Trade debts -€6,920
down €6,920 (-79.2%), from €8,733 to €1,813
- Gross operating margin -€25,601
down €25,601, from €4,363 to -€21,238
- Financial income +€2,926
up €2,926 (+3,530%), from €83 to €3,009
- Depreciation -€1,817
down €1,817 (-21.3%), from €8,550 to €6,733
- Taxes -€1,154
new in 2025: -€1,154
- Other operating charges -€303
down €303 (-33.3%), from €909 to €606
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 | €360,169 | €311,080 | -€49,090 | -13.6% |
| Fixed assets | 21/28 | €283,862 | €277,130 | -€6,733 | -2.4% |
| Tangible fixed assets | 22/27 | €282,991 | €276,258 | -€6,733 | -2.4% |
| Land and buildings | 22 | €282,721 | €276,258 | -€6,463 | -2.3% |
| Plant, machinery and equipment | 23 | €269 | €0 | -€269 | -100% |
| Furniture and vehicles | 24 | - | €0 | = | |
| Financial fixed assets | 28 | €872 | €872 | = | 0.0% |
| Current assets | 29/58 | €76,307 | €33,950 | -€42,357 | -55.5% |
| Stocks and contracts in progress | 3 | €30,230 | - | -€30,230 | |
| Stocks | 30/36 | €30,230 | - | -€30,230 | |
| Amounts receivable within one year | 40/41 | €19,149 | €4,053 | -€15,095 | -78.8% |
| Trade receivables | 40 | €5,779 | €3,759 | -€2,020 | -35.0% |
| Other amounts receivable | 41 | €13,369 | €294 | -€13,075 | -97.8% |
| Cash at bank and in hand | 54/58 | €26,929 | €29,896 | +€2,968 | +11.0% |
| Total equity and liabilities | 10/49 | €360,169 | €311,080 | -€49,090 | -13.6% |
| Equity | 10/15 | €334,611 | €308,056 | -€26,555 | -7.9% |
| Contributions | 10/11 | €18,592 | €18,592 | +€0 | 0.0% |
| Revaluation surpluses | 12 | €235,000 | €235,000 | = | 0.0% |
| Reserves | 13 | €137,876 | €137,876 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | = | 0.0% |
| Distributable reserves | 133 | €136,017 | €136,017 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€56,858 | -€83,413 | -€26,555 | -46.7% |
| Amounts payable | 17/49 | €25,559 | €3,024 | -€22,535 | -88.2% |
| Amounts payable after more than one year | 17 | - | €0 | = | |
| Financial debts | 170/4 | - | €0 | = | |
| Amounts payable within one year | 42/48 | €25,559 | €3,024 | -€22,535 | -88.2% |
| Current portion of amounts payable after more than one year | 42 | €2,587 | €0 | -€2,587 | -100.0% |
| Trade debts | 44 | €8,733 | €1,813 | -€6,920 | -79.2% |
| Suppliers | 440/4 | €8,733 | €1,813 | -€6,920 | -79.2% |
| Taxes, remuneration and social security | 45 | €14,239 | €1,211 | -€13,028 | -91.5% |
| Taxes | 450/3 | €14,239 | €1,211 | -€13,028 | -91.5% |
| Remuneration, social security and pensions | 62 | €2,037 | €2,005 | -€32 | -1.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,550 | €6,733 | -€1,817 | -21.3% |
| Other operating charges | 640/8 | €909 | €606 | -€303 | -33.3% |
| Gross operating margin | 9900 | €4,363 | -€21,238 | -€25,601 | |
| Operating profit (loss) | 9901 | -€7,133 | -€30,582 | -€23,449 | -329% |
| Financial income | 75/76B | €83 | €3,009 | +€2,926 | +3,530% |
| Recurring financial income | 75 | €83 | €3,009 | +€2,926 | +3,530% |
| Financial charges | 65/66B | €407 | €136 | -€270 | -66.5% |
| Recurring financial charges | 65 | €407 | €136 | -€270 | -66.5% |
| Profit (loss) for the period before taxes | 9903 | -€7,456 | -€27,709 | -€20,253 | -272% |
| Income taxes | 67/77 | - | -€1,154 | -€1,154 | |
| Profit (loss) for the period | 9904 | -€7,456 | -€26,555 | -€19,099 | -256% |
| Profit (loss) for the period to be appropriated | 9905 | -€7,456 | -€26,555 | -€19,099 | -256% |
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 26 October 2026 via checked.be.