GARAGE DE MEYER: 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 MEYER
Largest movements
- Cash +€57,541
up €57,541 (+26.2%), from €219,726 to €277,268
mainly Trade debts (+€67,427) and Other debts (+€62,717)
- Tangible fixed assets +€40,459
up €40,459 (+22.5%), from €179,912 to €220,371
of which Furniture and vehicles: +€26,571
- Stocks and contracts -€32,108
down €32,108 (-3.3%), from €987,931 to €955,822
- Receivables within one year -€21,248
down €21,248 (-23.2%), from €91,763 to €70,515
of which Trade receivables: -€25,504
- Debts after one year -€75,967
down €75,967 (-11.5%), from €662,396 to €586,428
of which Financial debts: -€70,355
- Trade debts +€67,427
up €67,427 (+914%), from €7,380 to €74,807
- Other debts +€62,717
up €62,717 (+33.9%), from €185,000 to €247,717
- Current portion of long-term debt -€36,858
down €36,858 (-34.4%), from €107,212 to €70,355
- Tax, wage and social debts +€25,694
up €25,694 (+35.4%), from €72,640 to €98,334
of which Taxes: +€19,347
- Purchases and services -€557,502
down €557,502 (-13.2%), from €4.2m to €3.7m
- Turnover -€537,926
down €537,926 (-11.5%), from €4.7m to €4.1m
- Staff costs +€100,108
up €100,108 (+26.9%), from €371,648 to €471,756
- Gross operating margin +€46,752
up €46,752 (+9.8%), from €479,250 to €526,002
From the 31-12-2024 result to the 31-12-2025 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 31-12-2024 and 31-12-2025 balance sheets and the 31-12-2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 31-12-2024 | 31-12-2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,482,569 | €1,527,794 | +€45,225 | +3.1% |
| Formation expenses | 20 | €0 | €0 | = | |
| Fixed assets | 21/28 | €180,040 | €220,499 | +€40,459 | +22.5% |
| Intangible fixed assets | 21 | €0 | €0 | = | |
| Tangible fixed assets | 22/27 | €179,912 | €220,371 | +€40,459 | +22.5% |
| Plant, machinery and equipment | 23 | €28,450 | €31,002 | +€2,552 | +9.0% |
| Furniture and vehicles | 24 | €11,142 | €37,713 | +€26,571 | +238% |
| Other tangible fixed assets | 26 | €140,320 | €151,656 | +€11,336 | +8.1% |
| Financial fixed assets | 28 | €128 | €128 | = | 0.0% |
| Current assets | 29/58 | €1,302,530 | €1,307,295 | +€4,765 | +0.4% |
| Stocks and contracts in progress | 3 | €987,931 | €955,822 | -€32,108 | -3.3% |
| Stocks | 30/36 | €987,931 | €955,822 | -€32,108 | -3.3% |
| Amounts receivable within one year | 40/41 | €91,763 | €70,515 | -€21,248 | -23.2% |
| Trade receivables | 40 | €77,173 | €51,669 | -€25,504 | -33.0% |
| Other amounts receivable | 41 | €14,590 | €18,846 | +€4,256 | +29.2% |
| Cash at bank and in hand | 54/58 | €219,726 | €277,268 | +€57,541 | +26.2% |
| Deferred charges and accrued income | 490/1 | €3,110 | €3,690 | +€580 | +18.7% |
| Total equity and liabilities | 10/49 | €1,482,569 | €1,527,794 | +€45,225 | +3.1% |
| Equity | 10/15 | €435,110 | €439,818 | +€4,708 | +1.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €163,001 | €167,162 | +€4,161 | +2.6% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Tax-exempt reserves | 132 | €31,141 | €25,302 | -€5,839 | -18.8% |
| Distributable reserves | 133 | €130,000 | €140,000 | +€10,000 | +7.7% |
| Profit (loss) carried forward | 14 | €253,510 | €254,056 | +€547 | +0.2% |
| Provisions and deferred taxes | 16 | €12,719 | €10,335 | -€2,385 | -18.7% |
| Deferred taxes | 168 | €12,719 | €10,335 | -€2,385 | -18.7% |
| Amounts payable | 17/49 | €1,034,739 | €1,077,641 | +€42,902 | +4.1% |
| Amounts payable after more than one year | 17 | €662,396 | €586,428 | -€75,967 | -11.5% |
| Financial debts | 170/4 | €70,355 | €0 | -€70,355 | -100% |
| Other amounts payable | 178/9 | €592,041 | €586,428 | -€5,613 | -0.9% |
| Amounts payable within one year | 42/48 | €372,232 | €491,213 | +€118,981 | +32.0% |
| Current portion of amounts payable after more than one year | 42 | €107,212 | €70,355 | -€36,858 | -34.4% |
| Trade debts | 44 | €7,380 | €74,807 | +€67,427 | +914% |
| Suppliers | 440/4 | €7,380 | €74,807 | +€67,427 | +914% |
| Taxes, remuneration and social security | 45 | €72,640 | €98,334 | +€25,694 | +35.4% |
| Taxes | 450/3 | €20,898 | €40,245 | +€19,347 | +92.6% |
| Remuneration and social security | 454/9 | €51,742 | €58,089 | +€6,347 | +12.3% |
| Other amounts payable | 47/48 | €185,000 | €247,717 | +€62,717 | +33.9% |
| Accrued charges and deferred income | 492/3 | €112 | €0 | -€112 | -100% |
| Turnover | 70 | €4,671,071 | €4,133,145 | -€537,926 | -11.5% |
| Goods, raw materials, services and sundry goods | 60/61 | €4,207,771 | €3,650,269 | -€557,502 | -13.2% |
| Remuneration, social security and pensions | 62 | €371,648 | €471,756 | +€100,108 | +26.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €26,928 | €39,123 | +€12,195 | +45.3% |
| Other operating charges | 640/8 | €5,618 | €6,142 | +€524 | +9.3% |
| Gross operating margin | 9900 | €479,250 | €526,002 | +€46,752 | +9.8% |
| Operating profit (loss) | 9901 | €75,056 | €8,980 | -€66,075 | -88.0% |
| Financial income | 75/76B | €22,427 | €203 | -€22,224 | -99.1% |
| Recurring financial income | 75 | €22,427 | €203 | -€22,224 | -99.1% |
| Financial charges | 65/66B | €4,440 | €3,317 | -€1,122 | -25.3% |
| Recurring financial charges | 65 | €4,440 | €3,317 | -€1,122 | -25.3% |
| Profit (loss) for the period before taxes | 9903 | €93,043 | €5,866 | -€87,177 | -93.7% |
| Transfer from deferred taxes | 780 | €2,385 | €2,385 | = | 0.0% |
| Income taxes | 67/77 | €30,243 | €3,543 | -€26,700 | -88.3% |
| Profit (loss) for the period | 9904 | €65,184 | €4,708 | -€60,477 | -92.8% |
| Transfer from tax-exempt reserves | 789 | €5,839 | €5,839 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €71,023 | €10,547 | -€60,477 | -85.2% |
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.