GARAGE DE BEULE: 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 DE BEULE
Largest movements
- Cash +€121,813
up €121,813 (+289%), from €42,203 to €164,016
mainly Net result for the year (+€109,326) and Depreciation (+€81,487)
- Tangible fixed assets +€92,157
up €92,157 (+8.0%), from €1.2m to €1.2m
of which Land and buildings: +€148,401
- Stocks and contracts -€37,304
down €37,304 (-19.0%), from €196,399 to €159,096
- Debts after one year +€79,230
up €79,230 (+11.2%), from €705,160 to €784,390
- Reserves +€55,000
up €55,000 (+16.2%), from €338,669 to €393,669
of which Distributable reserves: +€58,150
- Profit (loss) carried forward +€48,326
up €48,326 (+27.6%), from €175,101 to €223,428
- Advances received -€27,539
down €27,539 (-98.7%), from €27,889 to €350
- Current portion of long-term debt +€18,533
up €18,533 (+32.6%), from €56,911 to €75,444
- Staff costs +€32,394
up €32,394 (+24.6%), from €131,680 to €164,074
- Other operating charges -€18,424
down €18,424 (-57.7%), from €31,920 to €13,496
- Depreciation +€12,913
up €12,913 (+18.8%), from €68,574 to €81,487
- Gross operating margin +€6,411
up €6,411 (+1.4%), from €447,406 to €453,817
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 | €1,572,327 | €1,750,624 | +€178,296 | +11.3% |
| Fixed assets | 21/28 | €1,157,583 | €1,249,740 | +€92,157 | +8.0% |
| Tangible fixed assets | 22/27 | €1,157,333 | €1,249,490 | +€92,157 | +8.0% |
| Land and buildings | 22 | €975,468 | €1,123,869 | +€148,401 | +15.2% |
| Plant, machinery and equipment | 23 | €46,519 | €42,142 | -€4,377 | -9.4% |
| Furniture and vehicles | 24 | €135,347 | €83,479 | -€51,868 | -38.3% |
| Financial fixed assets | 28 | €250 | €250 | = | 0.0% |
| Current assets | 29/58 | €414,744 | €500,884 | +€86,140 | +20.8% |
| Stocks and contracts in progress | 3 | €196,399 | €159,096 | -€37,304 | -19.0% |
| Stocks | 30/36 | €196,399 | €159,096 | -€37,304 | -19.0% |
| Amounts receivable within one year | 40/41 | €172,259 | €173,889 | +€1,630 | +0.9% |
| Trade receivables | 40 | €160,779 | €135,482 | -€25,297 | -15.7% |
| Other amounts receivable | 41 | €11,480 | €38,407 | +€26,927 | +235% |
| Cash at bank and in hand | 54/58 | €42,203 | €164,016 | +€121,813 | +289% |
| Deferred charges and accrued income | 490/1 | €3,883 | €3,883 | = | 0.0% |
| Total equity and liabilities | 10/49 | €1,572,327 | €1,750,624 | +€178,296 | +11.3% |
| Equity | 10/15 | €545,270 | €648,597 | +€103,326 | +18.9% |
| Contributions | 10/11 | €31,500 | €31,500 | = | 0.0% |
| Reserves | 13 | €338,669 | €393,669 | +€55,000 | +16.2% |
| Non-distributable reserves | 130/1 | €3,150 | - | -€3,150 | |
| Reserves not available under the articles | 1311 | €3,150 | - | -€3,150 | |
| Distributable reserves | 133 | €335,519 | €393,669 | +€58,150 | +17.3% |
| Profit (loss) carried forward | 14 | €175,101 | €223,428 | +€48,326 | +27.6% |
| Amounts payable | 17/49 | €1,027,057 | €1,102,027 | +€74,970 | +7.3% |
| Amounts payable after more than one year | 17 | €705,160 | €784,390 | +€79,230 | +11.2% |
| Financial debts | 170/4 | €705,160 | €784,390 | +€79,230 | +11.2% |
| Amounts payable within one year | 42/48 | €320,462 | €314,409 | -€6,053 | -1.9% |
| Current portion of amounts payable after more than one year | 42 | €56,911 | €75,444 | +€18,533 | +32.6% |
| Trade debts | 44 | €151,409 | €144,889 | -€6,521 | -4.3% |
| Suppliers | 440/4 | €151,409 | €144,889 | -€6,521 | -4.3% |
| Advances received on contracts in progress | 46 | €27,889 | €350 | -€27,539 | -98.7% |
| Taxes, remuneration and social security | 45 | €81,252 | €88,007 | +€6,755 | +8.3% |
| Taxes | 450/3 | €63,539 | €61,078 | -€2,461 | -3.9% |
| Remuneration and social security | 454/9 | €17,714 | €26,929 | +€9,215 | +52.0% |
| Other amounts payable | 47/48 | €3,000 | €5,719 | +€2,719 | +90.6% |
| Accrued charges and deferred income | 492/3 | €1,435 | €3,228 | +€1,793 | +125% |
| Non-recurring operating income | 76A | €15,289 | €4,912 | -€10,378 | -67.9% |
| Remuneration, social security and pensions | 62 | €131,680 | €164,074 | +€32,394 | +24.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €68,574 | €81,487 | +€12,913 | +18.8% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €844 | - | -€844 | |
| Other operating charges | 640/8 | €31,920 | €13,496 | -€18,424 | -57.7% |
| Non-recurring operating charges | 66A | €578 | €342 | -€236 | -40.8% |
| Gross operating margin | 9900 | €447,406 | €453,817 | +€6,411 | +1.4% |
| Operating profit (loss) | 9901 | €213,811 | €194,418 | -€19,393 | -9.1% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €35,494 | €33,565 | -€1,929 | -5.4% |
| Recurring financial charges | 65 | €35,494 | €33,565 | -€1,929 | -5.4% |
| Profit (loss) for the period before taxes | 9903 | €178,317 | €160,853 | -€17,464 | -9.8% |
| Income taxes | 67/77 | €48,091 | €51,527 | +€3,436 | +7.1% |
| Profit (loss) for the period | 9904 | €130,226 | €109,326 | -€20,900 | -16.0% |
| Profit (loss) for the period to be appropriated | 9905 | €130,226 | €109,326 | -€20,900 | -16.0% |
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 24 October 2026 via checked.be.