GARAGE CREMERS: what changed
What changed
GARAGE CREMERS
NACE 47.811, Retail sale of cars and light vans (up to 3.5 tonnes)
filed annual accounts (NBB)
Net result for the year
€60,728
2024 · €42,152+€18,577
Equity
€123,126
2024 · €202,397-€79,272
Cash
€24,315
2024 · €18,725+€5,590
Balance sheet total
€606,567
2024 · €552,535+€54,032
Largest movements
Assets
- Receivables within one year +€27,842
up €27,842 (+117%), from €23,696 to €51,538
of which Other amounts receivable: +€30,111
- Stocks and contracts +€26,215
up €26,215 (+10.1%), from €259,935 to €286,150
Equity and liabilities
- Contributions -€140,000
down €140,000 (-96.6%), from €145,000 to €5,000
- Debts after one year +€119,669
up €119,669 (+121%), from €99,178 to €218,846
- Reserves +€60,728
up €60,728 (+106%), from €57,397 to €118,126
- Short-term financial debts +€27,698
up €27,698 (+15.6%), from €177,983 to €205,680
- Trade debts -€17,293
down €17,293 (-43.3%), from €39,929 to €22,637
Income statement
- Staff costs -€20,400
down €20,400 (-19.6%), from €103,996 to €83,596
- Other operating charges -€5,967
down €5,967 (-34.1%), from €17,513 to €11,546
- Gross operating margin -€5,863
down €5,863 (-2.8%), from €211,477 to €205,613
- Taxes +€3,015
up €3,015 (+17.6%), from €17,149 to €20,164
- Financial charges -€2,236
down €2,236 (-13.5%), from €16,605 to €14,369
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
€42,152
Gross operating margin
-€5,863
Staff costs
+€20,400
Depreciation
-€1,537
Other operating charges
+€5,967
Financial income
+€388
Financial charges
+€2,236
Taxes
-€3,015
Result 2025
€60,728
raises the resultlowers the result
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€2,782
Investment
-€10,157
Financing
+€12,965
Cash 2024
€18,725
From operations (derived)
+€2,782
Net result for the year
+€60,728
Depreciation
+€15,616
Stocks and contracts
-€26,215
Receivables within one year
-€27,842
Smaller working-capital items
+€117
Trade debts
-€17,293
Tax, wage and social debts
-€1,229
Other debts
-€1,101
Investment (derived)
-€10,157
Investment in fixed assets (net)
-€10,157
Financing
+€12,965
Debts after one year
+€119,669
Current portion of long-term debt
+€5,599
Short-term financial debts
+€27,698
Contributions, distributions and other
-€140,000
Cash 2025
€24,315
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €552,535 | €606,567 | +€54,032 | +9.8% |
| Fixed assets | 21/28 | €239,641 | €234,182 | -€5,459 | -2.3% |
| Tangible fixed assets | 22/27 | €239,641 | €234,182 | -€5,459 | -2.3% |
| Land and buildings | 22 | €221,994 | €211,427 | -€10,567 | -4.8% |
| Plant, machinery and equipment | 23 | €13,683 | €16,253 | +€2,569 | +18.8% |
| Furniture and vehicles | 24 | €3,964 | €6,503 | +€2,539 | +64.1% |
| Leasing and similar rights | 25 | €0 | - | = | |
| Current assets | 29/58 | €312,894 | €372,385 | +€59,490 | +19.0% |
| Stocks and contracts in progress | 3 | €259,935 | €286,150 | +€26,215 | +10.1% |
| Stocks | 30/36 | €259,935 | €286,150 | +€26,215 | +10.1% |
| Amounts receivable within one year | 40/41 | €23,696 | €51,538 | +€27,842 | +117% |
| Trade receivables | 40 | €20,391 | €18,122 | -€2,269 | -11.1% |
| Other amounts receivable | 41 | €3,305 | €33,416 | +€30,111 | +911% |
| Cash at bank and in hand | 54/58 | €18,725 | €24,315 | +€5,590 | +29.9% |
| Deferred charges and accrued income | 490/1 | €10,537 | €10,381 | -€156 | -1.5% |
| Total equity and liabilities | 10/49 | €552,535 | €606,567 | +€54,032 | +9.8% |
| Equity | 10/15 | €202,397 | €123,126 | -€79,272 | -39.2% |
| Contributions | 10/11 | €145,000 | €5,000 | -€140,000 | -96.6% |
| Reserves | 13 | €57,397 | €118,126 | +€60,728 | +106% |
| Distributable reserves | 133 | €57,397 | €118,126 | +€60,728 | +106% |
| Amounts payable | 17/49 | €350,138 | €483,441 | +€133,303 | +38.1% |
| Amounts payable after more than one year | 17 | €99,178 | €218,846 | +€119,669 | +121% |
| Financial debts | 170/4 | €99,178 | €218,846 | +€119,669 | +121% |
| Amounts payable within one year | 42/48 | €250,695 | €264,369 | +€13,674 | +5.5% |
| Current portion of amounts payable after more than one year | 42 | €14,733 | €20,331 | +€5,599 | +38.0% |
| Financial debts | 43 | €177,983 | €205,680 | +€27,698 | +15.6% |
| Credit institutions | 430/8 | €177,983 | €205,680 | +€27,698 | +15.6% |
| Trade debts | 44 | €39,929 | €22,637 | -€17,293 | -43.3% |
| Suppliers | 440/4 | €39,929 | €22,637 | -€17,293 | -43.3% |
| Taxes, remuneration and social security | 45 | €16,950 | €15,721 | -€1,229 | -7.3% |
| Taxes | 450/3 | €9,633 | €9,979 | +€346 | +3.6% |
| Remuneration and social security | 454/9 | €7,317 | €5,742 | -€1,575 | -21.5% |
| Other amounts payable | 47/48 | €1,101 | €0 | -€1,101 | -100% |
| Accrued charges and deferred income | 492/3 | €265 | €226 | -€39 | -14.8% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Remuneration, social security and pensions | 62 | €103,996 | €83,596 | -€20,400 | -19.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,079 | €15,616 | +€1,537 | +10.9% |
| Other operating charges | 640/8 | €17,513 | €11,546 | -€5,967 | -34.1% |
| Gross operating margin | 9900 | €211,477 | €205,613 | -€5,863 | -2.8% |
| Operating profit (loss) | 9901 | €75,889 | €94,856 | +€18,967 | +25.0% |
| Financial income | 75/76B | €18 | €406 | +€388 | +2,210% |
| Recurring financial income | 75 | €18 | €406 | +€388 | +2,210% |
| Financial charges | 65/66B | €16,605 | €14,369 | -€2,236 | -13.5% |
| Recurring financial charges | 65 | €16,605 | €14,369 | -€2,236 | -13.5% |
| Profit (loss) for the period before taxes | 9903 | €59,301 | €80,892 | +€21,592 | +36.4% |
| Income taxes | 67/77 | €17,149 | €20,164 | +€3,015 | +17.6% |
| Profit (loss) for the period | 9904 | €42,152 | €60,728 | +€18,577 | +44.1% |
| Profit (loss) for the period to be appropriated | 9905 | €42,152 | €60,728 | +€18,577 | +44.1% |
Next steps
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 4 November 2026 via checked.be.