GARAGE DE CLERCQ: what changed
GARAGE DE CLERCQ
Largest movements
- Tangible fixed assets +€85,278
up €85,278 (+53.3%), from €160,091 to €245,368
of which Leasing and similar rights: +€128,000
- Cash -€60,092
down €60,092 (-23.7%), from €253,501 to €193,409
mainly Investment in fixed assets (net) (-€160,500) and Net result for the year (-€70,434)
- Receivables within one year -€29,371
down €29,371 (-23.2%), from €126,855 to €97,484
- Stocks and contracts -€14,710
down €14,710 (-15.3%), from €95,895 to €81,185
- Profit (loss) carried forward -€70,434
down €70,434 (-14.8%), from €474,790 to €404,356
- Debts after one year +€50,623
new in 2025: €50,623
- Current portion of long-term debt +€14,693
new in 2025: €14,693
- Tax, wage and social debts -€7,061
down €7,061 (-42.5%), from €16,597 to €9,536
of which Taxes: -€9,237
- Trade debts -€6,716
down €6,716 (-26.8%), from €25,098 to €18,382
- Depreciation +€32,263
up €32,263 (+75.1%), from €42,959 to €75,222
- Write-downs +€18,431
new in 2025: €18,431
- Financial income +€6,152
up €6,152 (+105%), from €5,859 to €12,011
of which Financial income: +€11,872
- Gross operating margin +€4,646
up €4,646 (+29.1%), from €15,977 to €20,623
- Other operating charges -€416
down €416 (-4.5%), from €9,272 to €8,856
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €639,209 | €620,314 | -€18,895 | -3.0% |
| Fixed assets | 21/28 | €162,958 | €248,236 | +€85,278 | +52.3% |
| Tangible fixed assets | 22/27 | €160,091 | €245,368 | +€85,278 | +53.3% |
| Land and buildings | 22 | €2,905 | €2,563 | -€342 | -11.8% |
| Plant, machinery and equipment | 23 | €154,483 | €112,555 | -€41,928 | -27.1% |
| Furniture and vehicles | 24 | €2,703 | €2,251 | -€452 | -16.7% |
| Leasing and similar rights | 25 | - | €128,000 | +€128,000 | |
| Financial fixed assets | 28 | €2,868 | €2,868 | = | 0.0% |
| Current assets | 29/58 | €476,251 | €372,078 | -€104,173 | -21.9% |
| Stocks and contracts in progress | 3 | €95,895 | €81,185 | -€14,710 | -15.3% |
| Stocks | 30/36 | €95,895 | €81,185 | -€14,710 | -15.3% |
| Amounts receivable within one year | 40/41 | €126,855 | €97,484 | -€29,371 | -23.2% |
| Trade receivables | 40 | €126,855 | €97,484 | -€29,371 | -23.2% |
| Cash at bank and in hand | 54/58 | €253,501 | €193,409 | -€60,092 | -23.7% |
| Total equity and liabilities | 10/49 | €639,209 | €620,314 | -€18,895 | -3.0% |
| Equity | 10/15 | €597,515 | €527,081 | -€70,434 | -11.8% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €60,725 | €60,725 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Tax-exempt reserves | 132 | €54,525 | €54,525 | = | 0.0% |
| Profit (loss) carried forward | 14 | €474,790 | €404,356 | -€70,434 | -14.8% |
| Amounts payable | 17/49 | €41,694 | €93,233 | +€51,539 | +124% |
| Amounts payable after more than one year | 17 | - | €50,623 | +€50,623 | |
| Financial debts | 170/4 | - | €50,623 | +€50,623 | |
| Amounts payable within one year | 42/48 | €41,694 | €42,610 | +€916 | +2.2% |
| Current portion of amounts payable after more than one year | 42 | - | €14,693 | +€14,693 | |
| Trade debts | 44 | €25,098 | €18,382 | -€6,716 | -26.8% |
| Suppliers | 440/4 | €25,098 | €18,382 | -€6,716 | -26.8% |
| Taxes, remuneration and social security | 45 | €16,597 | €9,536 | -€7,061 | -42.5% |
| Taxes | 450/3 | €16,597 | €7,359 | -€9,237 | -55.7% |
| Remuneration and social security | 454/9 | - | €2,176 | +€2,176 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €42,959 | €75,222 | +€32,263 | +75.1% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €18,431 | +€18,431 | |
| Other operating charges | 640/8 | €9,272 | €8,856 | -€416 | -4.5% |
| Gross operating margin | 9900 | €15,977 | €20,623 | +€4,646 | +29.1% |
| Operating profit (loss) | 9901 | -€36,254 | -€81,886 | -€45,632 | -126% |
| Financial income | 75/76B | €5,859 | €12,011 | +€6,152 | +105% |
| Recurring financial income | 75 | €138 | €12,011 | +€11,872 | +8,576% |
| Non-recurring financial income | 76B | €5,720 | - | -€5,720 | |
| Financial charges | 65/66B | €190 | €228 | +€38 | +19.9% |
| Recurring financial charges | 65 | €190 | €228 | +€38 | +19.9% |
| Profit (loss) for the period before taxes | 9903 | -€30,586 | -€70,103 | -€39,517 | -129% |
| Income taxes | 67/77 | - | €331 | +€331 | |
| Profit (loss) for the period | 9904 | -€30,586 | -€70,434 | -€39,848 | -130% |
| Profit (loss) for the period to be appropriated | 9905 | -€30,586 | -€70,434 | -€39,848 | -130% |
Next steps
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 7 November 2026 via checked.be.