GARAGE DEGUELDE: 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 DEGUELDE
Largest movements
- Tangible fixed assets -€50,170
down €50,170 (-12.7%), from €393,619 to €343,450
of which Furniture and vehicles: -€25,820
- Receivables within one year -€49,030
down €49,030 (-53.3%), from €91,920 to €42,891
of which Trade receivables: -€49,631
- Cash +€42,409
up €42,409 (+15.1%), from €280,294 to €322,702
mainly Depreciation (+€60,923) and Net result for the year (+€49,593)
- Stocks and contracts -€39,672
down €39,672 (-40.5%), from €97,873 to €58,201
- Receivables after one year -€26,061
down €26,061 (-35.3%), from €73,841 to €47,779
- Trade debts -€69,354
down €69,354 (-51.7%), from €134,163 to €64,808
- Debts after one year -€46,938
down €46,938 (-29.1%), from €161,294 to €114,356
- Current portion of long-term debt -€32,507
down €32,507 (-40.9%), from €79,445 to €46,938
- Profit (loss) carried forward +€29,593
up €29,593 (+8.1%), from €365,034 to €394,626
- Staff costs +€42,196
up €42,196 (+140%), from €30,170 to €72,366
- Purchases and services -€36,878
down €36,878 (-4.4%), from €834,719 to €797,841
- Gross operating margin +€33,417
up €33,417 (+20.8%), from €160,942 to €194,359
- Financial income +€12,662
up €12,662 (+46.6%), from €27,185 to €39,847
- Depreciation +€10,293
up €10,293 (+20.3%), from €50,630 to €60,923
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 | €945,229 | €823,355 | -€121,874 | -12.9% |
| Fixed assets | 21/28 | €394,819 | €344,650 | -€50,170 | -12.7% |
| Tangible fixed assets | 22/27 | €393,619 | €343,450 | -€50,170 | -12.7% |
| Land and buildings | 22 | €284,568 | €265,039 | -€19,530 | -6.9% |
| Plant, machinery and equipment | 23 | €9,212 | €4,392 | -€4,820 | -52.3% |
| Furniture and vehicles | 24 | €99,839 | €74,019 | -€25,820 | -25.9% |
| Financial fixed assets | 28 | €1,200 | €1,200 | = | 0.0% |
| Current assets | 29/58 | €550,410 | €478,706 | -€71,704 | -13.0% |
| Amounts receivable after more than one year | 29 | €73,841 | €47,779 | -€26,061 | -35.3% |
| Other amounts receivable | 291 | €73,841 | €47,779 | -€26,061 | -35.3% |
| Stocks and contracts in progress | 3 | €97,873 | €58,201 | -€39,672 | -40.5% |
| Stocks | 30/36 | €97,873 | €58,201 | -€39,672 | -40.5% |
| Amounts receivable within one year | 40/41 | €91,920 | €42,891 | -€49,030 | -53.3% |
| Trade receivables | 40 | €62,762 | €13,130 | -€49,631 | -79.1% |
| Other amounts receivable | 41 | €29,159 | €29,761 | +€602 | +2.1% |
| Cash at bank and in hand | 54/58 | €280,294 | €322,702 | +€42,409 | +15.1% |
| Deferred charges and accrued income | 490/1 | €6,482 | €7,132 | +€650 | +10.0% |
| Total equity and liabilities | 10/49 | €945,229 | €823,355 | -€121,874 | -12.9% |
| Equity | 10/15 | €513,237 | €542,829 | +€29,593 | +5.8% |
| Contributions | 10/11 | €134,730 | €134,730 | = | 0.0% |
| Capital | 10 | €134,730 | €134,730 | = | 0.0% |
| Issued capital | 100 | €134,730 | €134,730 | = | 0.0% |
| Reserves | 13 | €13,473 | €13,473 | = | 0.0% |
| Non-distributable reserves | 130/1 | €13,473 | €13,473 | = | 0.0% |
| Legal reserve | 130 | €13,473 | €13,473 | = | 0.0% |
| Profit (loss) carried forward | 14 | €365,034 | €394,626 | +€29,593 | +8.1% |
| Amounts payable | 17/49 | €431,992 | €280,526 | -€151,466 | -35.1% |
| Amounts payable after more than one year | 17 | €161,294 | €114,356 | -€46,938 | -29.1% |
| Financial debts | 170/4 | €161,294 | €114,356 | -€46,938 | -29.1% |
| Amounts payable within one year | 42/48 | €270,698 | €166,170 | -€104,528 | -38.6% |
| Current portion of amounts payable after more than one year | 42 | €79,445 | €46,938 | -€32,507 | -40.9% |
| Financial debts | 43 | €1,500 | €1,500 | = | 0.0% |
| Credit institutions | 430/8 | €1,500 | €1,500 | = | 0.0% |
| Trade debts | 44 | €134,163 | €64,808 | -€69,354 | -51.7% |
| Suppliers | 440/4 | €134,163 | €64,808 | -€69,354 | -51.7% |
| Taxes, remuneration and social security | 45 | €11,807 | €4,890 | -€6,916 | -58.6% |
| Taxes | 450/3 | €11,807 | €4,890 | -€6,916 | -58.6% |
| Other amounts payable | 47/48 | €43,783 | €48,033 | +€4,250 | +9.7% |
| Turnover | 70 | €995,661 | €992,200 | -€3,461 | -0.3% |
| Goods, raw materials, services and sundry goods | 60/61 | €834,719 | €797,841 | -€36,878 | -4.4% |
| Remuneration, social security and pensions | 62 | €30,170 | €72,366 | +€42,196 | +140% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €50,630 | €60,923 | +€10,293 | +20.3% |
| Other operating charges | 640/8 | €13,154 | €14,861 | +€1,707 | +13.0% |
| Gross operating margin | 9900 | €160,942 | €194,359 | +€33,417 | +20.8% |
| Operating profit (loss) | 9901 | €66,988 | €46,209 | -€20,779 | -31.0% |
| Financial income | 75/76B | €27,185 | €39,847 | +€12,662 | +46.6% |
| Recurring financial income | 75 | €27,185 | €39,847 | +€12,662 | +46.6% |
| Financial charges | 65/66B | €11,333 | €16,076 | +€4,743 | +41.9% |
| Recurring financial charges | 65 | €11,333 | €11,488 | +€155 | +1.4% |
| Non-recurring financial charges | 66B | - | €4,588 | +€4,588 | |
| Profit (loss) for the period before taxes | 9903 | €82,840 | €69,980 | -€12,860 | -15.5% |
| Income taxes | 67/77 | €22,824 | €20,388 | -€2,436 | -10.7% |
| Profit (loss) for the period | 9904 | €60,016 | €49,593 | -€10,423 | -17.4% |
| Profit (loss) for the period to be appropriated | 9905 | €60,016 | €49,593 | -€10,423 | -17.4% |
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.