GARAGE D'HERICOURT: 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 D'HERICOURT
Largest movements
- Cash +€111,127
up €111,127 (+98.7%), from €112,616 to €223,742
mainly Net result for the year (+€64,083) and Stocks and contracts (+€28,839)
- Stocks and contracts -€28,839
down €28,839 (-22.3%), from €129,244 to €100,405
- Receivables within one year +€4,662
up €4,662 (+6.6%), from €70,581 to €75,242
of which Trade receivables: +€4,961
- Profit (loss) carried forward +€64,083
up €64,083 (+51.5%), from €124,320 to €188,403
- Tax, wage and social debts +€24,820
up €24,820 (+269%), from €9,217 to €34,038
of which Taxes: +€25,204
- Trade debts +€7,511
up €7,511 (+13.6%), from €55,306 to €62,817
- Current portion of long-term debt -€5,718
no longer reported in 2025 (was €5,718)
- Gross operating margin +€40,387
up €40,387 (+60.9%), from €66,342 to €106,729
- Staff costs +€9,623
up €9,623 (+228%), from €4,213 to €13,836
- Depreciation -€9,264
down €9,264 (-92.3%), from €10,032 to €768
- Taxes +€8,677
up €8,677 (+58.8%), from €14,760 to €23,437
- Other operating charges -€2,864
down €2,864 (-45.2%), from €6,341 to €3,477
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 | €314,391 | €405,088 | +€90,697 | +28.8% |
| Fixed assets | 21/28 | €402 | €4,178 | +€3,776 | +938% |
| Tangible fixed assets | 22/27 | €217 | €3,993 | +€3,776 | +1,736% |
| Plant, machinery and equipment | 23 | €217 | €2,949 | +€2,732 | +1,256% |
| Furniture and vehicles | 24 | - | €1,044 | +€1,044 | |
| Financial fixed assets | 28 | €185 | €185 | = | 0.0% |
| Current assets | 29/58 | €313,989 | €400,910 | +€86,921 | +27.7% |
| Stocks and contracts in progress | 3 | €129,244 | €100,405 | -€28,839 | -22.3% |
| Stocks | 30/36 | €129,244 | €100,405 | -€28,839 | -22.3% |
| Amounts receivable within one year | 40/41 | €70,581 | €75,242 | +€4,662 | +6.6% |
| Trade receivables | 40 | €69,982 | €74,943 | +€4,961 | +7.1% |
| Other amounts receivable | 41 | €598 | €299 | -€299 | -50.0% |
| Cash at bank and in hand | 54/58 | €112,616 | €223,742 | +€111,127 | +98.7% |
| Deferred charges and accrued income | 490/1 | €1,549 | €1,520 | -€28 | -1.8% |
| Total equity and liabilities | 10/49 | €314,391 | €405,088 | +€90,697 | +28.8% |
| Equity | 10/15 | €208,166 | €272,249 | +€64,083 | +30.8% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €77,646 | €77,646 | = | 0.0% |
| Distributable reserves | 133 | €77,646 | €77,646 | = | 0.0% |
| Profit (loss) carried forward | 14 | €124,320 | €188,403 | +€64,083 | +51.5% |
| Amounts payable | 17/49 | €106,225 | €132,838 | +€26,613 | +25.1% |
| Amounts payable after more than one year | 17 | €35,374 | €35,374 | = | 0.0% |
| Other amounts payable | 178/9 | €35,374 | €35,374 | = | 0.0% |
| Amounts payable within one year | 42/48 | €70,241 | €96,854 | +€26,613 | +37.9% |
| Current portion of amounts payable after more than one year | 42 | €5,718 | - | -€5,718 | |
| Trade debts | 44 | €55,306 | €62,817 | +€7,511 | +13.6% |
| Suppliers | 440/4 | €55,306 | €62,817 | +€7,511 | +13.6% |
| Taxes, remuneration and social security | 45 | €9,217 | €34,038 | +€24,820 | +269% |
| Taxes | 450/3 | €8,834 | €34,038 | +€25,204 | +285% |
| Remuneration and social security | 454/9 | €384 | - | -€384 | |
| Accrued charges and deferred income | 492/3 | €610 | €610 | = | 0.0% |
| Non-recurring operating income | 76A | - | €102 | +€102 | |
| Remuneration, social security and pensions | 62 | €4,213 | €13,836 | +€9,623 | +228% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,032 | €768 | -€9,264 | -92.3% |
| Other operating charges | 640/8 | €6,341 | €3,477 | -€2,864 | -45.2% |
| Non-recurring operating charges | 66A | €466 | - | -€466 | |
| Gross operating margin | 9900 | €66,342 | €106,729 | +€40,387 | +60.9% |
| Operating profit (loss) | 9901 | €45,289 | €88,648 | +€43,358 | +95.7% |
| Financial income | 75/76B | €276 | €306 | +€29 | +10.6% |
| Recurring financial income | 75 | €276 | €306 | +€29 | +10.6% |
| Financial charges | 65/66B | €1,234 | €1,432 | +€198 | +16.1% |
| Recurring financial charges | 65 | €1,234 | €1,432 | +€198 | +16.1% |
| Profit (loss) for the period before taxes | 9903 | €44,332 | €87,521 | +€43,189 | +97.4% |
| Income taxes | 67/77 | €14,760 | €23,437 | +€8,677 | +58.8% |
| Profit (loss) for the period | 9904 | €29,571 | €64,083 | +€34,512 | +117% |
| Profit (loss) for the period to be appropriated | 9905 | €29,571 | €64,083 | +€34,512 | +117% |
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 31 October 2026 via checked.be.