GARAGE DANIELS: 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 DANIELS
Largest movements
- Current investments +€94,709
up €94,709 (+32.3%), from €293,480 to €388,188
- Stocks and contracts -€49,010
down €49,010 (-14.8%), from €330,449 to €281,440
- Cash -€31,051
down €31,051 (-14.2%), from €218,232 to €187,181
mainly Current investments (-€94,709) and Advances received (-€38,750)
- Tangible fixed assets -€18,806
down €18,806 (-18.7%), from €100,721 to €81,915
of which Furniture and vehicles: -€10,160
- Receivables within one year -€11,193
down €11,193 (-68.9%), from €16,235 to €5,042
of which Trade receivables: -€5,958
- Advances received -€38,750
no longer reported in 2025 (was €38,750)
- Reserves +€38,605
up €38,605 (+7.3%), from €531,318 to €569,923
of which Distributable reserves: +€38,605
- Trade debts -€18,814
down €18,814 (-79.2%), from €23,755 to €4,941
- Tax, wage and social debts +€11,661
up €11,661 (+328%), from €3,560 to €15,221
- Gross operating margin +€26,988
up €26,988 (+38.0%), from €70,933 to €97,920
- Financial charges +€16,276
up €16,276 (+328%), from €4,958 to €21,234
- Provisions +€9,696
no longer reported in 2025 (was -€9,696)
- Taxes +€7,205
up €7,205 (+55.4%), from €13,015 to €20,220
- Write-downs -€5,100
down €5,100 (-45.5%), from €11,200 to €6,100
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 | €961,628 | €946,426 | -€15,203 | -1.6% |
| Fixed assets | 21/28 | €100,721 | €81,915 | -€18,806 | -18.7% |
| Tangible fixed assets | 22/27 | €100,721 | €81,915 | -€18,806 | -18.7% |
| Land and buildings | 22 | €59,153 | €53,697 | -€5,456 | -9.2% |
| Plant, machinery and equipment | 23 | €13,802 | €10,612 | -€3,190 | -23.1% |
| Furniture and vehicles | 24 | €27,766 | €17,606 | -€10,160 | -36.6% |
| Current assets | 29/58 | €860,908 | €864,510 | +€3,603 | +0.4% |
| Stocks and contracts in progress | 3 | €330,449 | €281,440 | -€49,010 | -14.8% |
| Stocks | 30/36 | €330,449 | €281,440 | -€49,010 | -14.8% |
| Amounts receivable within one year | 40/41 | €16,235 | €5,042 | -€11,193 | -68.9% |
| Trade receivables | 40 | €10,530 | €4,572 | -€5,958 | -56.6% |
| Other amounts receivable | 41 | €5,706 | €470 | -€5,236 | -91.8% |
| Current investments | 50/53 | €293,480 | €388,188 | +€94,709 | +32.3% |
| Cash at bank and in hand | 54/58 | €218,232 | €187,181 | -€31,051 | -14.2% |
| Deferred charges and accrued income | 490/1 | €2,511 | €2,660 | +€149 | +5.9% |
| Total equity and liabilities | 10/49 | €961,628 | €946,426 | -€15,203 | -1.6% |
| Equity | 10/15 | €735,318 | €773,923 | +€38,605 | +5.3% |
| Contributions | 10/11 | €204,000 | €204,000 | = | 0.0% |
| Capital | 10 | €204,000 | €204,000 | = | 0.0% |
| Issued capital | 100 | €204,000 | €204,000 | = | 0.0% |
| Reserves | 13 | €531,318 | €569,923 | +€38,605 | +7.3% |
| Non-distributable reserves | 130/1 | €29,338 | €29,338 | = | 0.0% |
| Legal reserve | 130 | €29,338 | €29,338 | = | 0.0% |
| Distributable reserves | 133 | €501,980 | €540,585 | +€38,605 | +7.7% |
| Provisions and deferred taxes | 16 | €46,303 | €46,303 | = | 0.0% |
| Provisions for liabilities and charges | 160/5 | €46,303 | €46,303 | = | 0.0% |
| Major repairs and maintenance | 162 | €46,303 | €46,303 | = | 0.0% |
| Amounts payable | 17/49 | €180,008 | €126,200 | -€53,808 | -29.9% |
| Amounts payable within one year | 42/48 | €171,552 | €118,968 | -€52,584 | -30.7% |
| Trade debts | 44 | €23,755 | €4,941 | -€18,814 | -79.2% |
| Suppliers | 440/4 | €23,755 | €4,941 | -€18,814 | -79.2% |
| Advances received on contracts in progress | 46 | €38,750 | - | -€38,750 | |
| Taxes, remuneration and social security | 45 | €3,560 | €15,221 | +€11,661 | +328% |
| Taxes | 450/3 | €3,560 | €15,221 | +€11,661 | +328% |
| Other amounts payable | 47/48 | €105,487 | €98,806 | -€6,681 | -6.3% |
| Accrued charges and deferred income | 492/3 | €8,456 | €7,232 | -€1,224 | -14.5% |
| Non-recurring operating income | 76A | €14,279 | - | -€14,279 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,261 | €18,806 | +€2,544 | +15.6% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €11,200 | €6,100 | -€5,100 | -45.5% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | -€9,696 | - | +€9,696 | |
| Other operating charges | 640/8 | €11,083 | €10,190 | -€894 | -8.1% |
| Gross operating margin | 9900 | €70,933 | €97,920 | +€26,988 | +38.0% |
| Operating profit (loss) | 9901 | €42,084 | €62,825 | +€20,741 | +49.3% |
| Financial income | 75/76B | €14,703 | €17,234 | +€2,531 | +17.2% |
| Recurring financial income | 75 | €14,703 | €17,234 | +€2,531 | +17.2% |
| Financial charges | 65/66B | €4,958 | €21,234 | +€16,276 | +328% |
| Recurring financial charges | 65 | €4,958 | €21,234 | +€16,276 | +328% |
| Profit (loss) for the period before taxes | 9903 | €51,829 | €58,825 | +€6,996 | +13.5% |
| Income taxes | 67/77 | €13,015 | €20,220 | +€7,205 | +55.4% |
| Profit (loss) for the period | 9904 | €38,814 | €38,605 | -€208 | -0.5% |
| Profit (loss) for the period to be appropriated | 9905 | €38,814 | €38,605 | -€208 | -0.5% |
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 28 October 2026 via checked.be.