GARAGE DEBUE: 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 DEBUE
Largest movements
- Cash +€219,829
up €219,829 (+44.1%), from €498,604 to €718,433
mainly Net result for the year (+€325,681) and Trade debts (+€199,972)
- Tangible fixed assets +€202,477
up €202,477 (+26.3%), from €770,326 to €972,802
of which Land and buildings: +€207,994
- Stocks and contracts +€196,520
up €196,520 (+49.0%), from €401,111 to €597,631
- Trade debts +€199,972
up €199,972 (+103%), from €194,935 to €394,907
- Other debts +€146,290
up €146,290 (+52.2%), from €280,205 to €426,495
- Reserves +€127,611
up €127,611 (+10.6%), from €1.2m to €1.3m
of which Distributable reserves: +€127,611
- Debts after one year +€105,635
up €105,635 (+58.1%), from €181,919 to €287,554
- Gross operating margin +€148,495
up €148,495 (+18.2%), from €818,082 to €966,577
- Depreciation +€24,267
up €24,267 (+21.8%), from €111,433 to €135,700
- Taxes +€15,118
up €15,118 (+11.0%), from €137,136 to €152,253
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 | €2,020,423 | €2,630,783 | +€610,360 | +30.2% |
| Fixed assets | 21/28 | €772,826 | €975,302 | +€202,477 | +26.2% |
| Tangible fixed assets | 22/27 | €770,326 | €972,802 | +€202,477 | +26.3% |
| Land and buildings | 22 | €582,443 | €790,436 | +€207,994 | +35.7% |
| Plant, machinery and equipment | 23 | €31,366 | €22,851 | -€8,515 | -27.1% |
| Furniture and vehicles | 24 | €156,517 | €159,515 | +€2,998 | +1.9% |
| Financial fixed assets | 28 | €2,500 | €2,500 | = | 0.0% |
| Current assets | 29/58 | €1,247,597 | €1,655,481 | +€407,884 | +32.7% |
| Stocks and contracts in progress | 3 | €401,111 | €597,631 | +€196,520 | +49.0% |
| Stocks | 30/36 | €401,111 | €597,631 | +€196,520 | +49.0% |
| Amounts receivable within one year | 40/41 | €181,218 | €169,090 | -€12,128 | -6.7% |
| Trade receivables | 40 | €168,228 | €162,536 | -€5,692 | -3.4% |
| Other amounts receivable | 41 | €12,990 | €6,554 | -€6,436 | -49.5% |
| Current investments | 50/53 | €150,000 | €150,000 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €498,604 | €718,433 | +€219,829 | +44.1% |
| Deferred charges and accrued income | 490/1 | €16,664 | €20,326 | +€3,662 | +22.0% |
| Total equity and liabilities | 10/49 | €2,020,423 | €2,630,783 | +€610,360 | +30.2% |
| Equity | 10/15 | €1,221,531 | €1,349,142 | +€127,611 | +10.4% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €1,201,531 | €1,329,142 | +€127,611 | +10.6% |
| Tax-exempt reserves | 132 | €732 | €732 | = | 0.0% |
| Distributable reserves | 133 | €1,200,799 | €1,328,410 | +€127,611 | +10.6% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €798,891 | €1,281,641 | +€482,749 | +60.4% |
| Amounts payable after more than one year | 17 | €181,919 | €287,554 | +€105,635 | +58.1% |
| Financial debts | 170/4 | €181,919 | €287,554 | +€105,635 | +58.1% |
| Amounts payable within one year | 42/48 | €616,972 | €994,087 | +€377,114 | +61.1% |
| Current portion of amounts payable after more than one year | 42 | €50,580 | €69,040 | +€18,460 | +36.5% |
| Financial debts | 43 | €25,571 | €25,510 | -€61 | -0.2% |
| Credit institutions | 430/8 | €25,571 | €25,510 | -€61 | -0.2% |
| Trade debts | 44 | €194,935 | €394,907 | +€199,972 | +103% |
| Suppliers | 440/4 | €194,935 | €394,907 | +€199,972 | +103% |
| Taxes, remuneration and social security | 45 | €65,681 | €78,135 | +€12,454 | +19.0% |
| Taxes | 450/3 | €45,742 | €58,637 | +€12,895 | +28.2% |
| Remuneration and social security | 454/9 | €19,939 | €19,498 | -€441 | -2.2% |
| Other amounts payable | 47/48 | €280,205 | €426,495 | +€146,290 | +52.2% |
| Non-recurring operating income | 76A | €3,133 | €0 | -€3,133 | -100% |
| Remuneration, social security and pensions | 62 | €246,845 | €253,203 | +€6,358 | +2.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €111,433 | €135,700 | +€24,267 | +21.8% |
| Other operating charges | 640/8 | €11,028 | €11,967 | +€939 | +8.5% |
| Non-recurring operating charges | 66A | €301 | €58,858 | +€58,557 | +19,430% |
| Gross operating margin | 9900 | €818,082 | €966,577 | +€148,495 | +18.2% |
| Operating profit (loss) | 9901 | €448,475 | €506,849 | +€58,374 | +13.0% |
| Financial income | 75/76B | €582 | €38 | -€544 | -93.4% |
| Recurring financial income | 75 | €582 | €38 | -€544 | -93.4% |
| Financial charges | 65/66B | €21,669 | €28,953 | +€7,284 | +33.6% |
| Recurring financial charges | 65 | €21,669 | €28,953 | +€7,284 | +33.6% |
| Profit (loss) for the period before taxes | 9903 | €427,389 | €477,934 | +€50,546 | +11.8% |
| Income taxes | 67/77 | €137,136 | €152,253 | +€15,118 | +11.0% |
| Profit (loss) for the period | 9904 | €290,253 | €325,681 | +€35,428 | +12.2% |
| Profit (loss) for the period to be appropriated | 9905 | €290,253 | €325,681 | +€35,428 | +12.2% |
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 25 October 2026 via checked.be.