Garage G&S: what changed
Garage G&S
Largest movements
- Stocks and contracts -€31,170
down €31,170 (-94.0%), from €33,170 to €2,000
- Tangible fixed assets -€30,784
down €30,784 (-95.5%), from €32,250 to €1,466
of which Plant, machinery and equipment: -€17,002
- Receivables within one year +€21,299
up €21,299 (+48.6%), from €43,858 to €65,157
of which Trade receivables: +€44,104
- Cash +€4,706
up €4,706 (+424%), from €1,111 to €5,817
mainly Advances received (+€46,300) and Stocks and contracts (+€31,170)
- Other debts -€64,452
down €64,452 (-79.2%), from €81,374 to €16,922
- Advances received +€46,300
new in 2025: €46,300
- Trade debts -€20,765
down €20,765 (-43.3%), from €47,974 to €27,208
- Profit (loss) carried forward +€3,241
up €3,241 (+8.4%), from -€38,640 to -€35,398
- Tax, wage and social debts -€1,474
down €1,474 (-72.1%), from €2,045 to €572
- Gross operating margin +€21,048
up €21,048, from -€13,987 to €7,060
- Depreciation -€8,280
down €8,280 (-83.1%), from €9,967 to €1,687
- Other operating charges -€2,179
down €2,179 (-74.5%), from €2,924 to €745
- Financial charges -€1,342
down €1,342 (-77.4%), from €1,735 to €392
- Financial income -€1,309
down €1,309 (-100.0%), from €1,309 to €0
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 | €112,753 | €75,604 | -€37,150 | -32.9% |
| Formation expenses | 20 | €1,325 | €883 | -€442 | -33.3% |
| Fixed assets | 21/28 | €32,250 | €1,466 | -€30,784 | -95.5% |
| Tangible fixed assets | 22/27 | €32,250 | €1,466 | -€30,784 | -95.5% |
| Land and buildings | 22 | €10,124 | - | -€10,124 | |
| Plant, machinery and equipment | 23 | €17,002 | - | -€17,002 | |
| Furniture and vehicles | 24 | €5,124 | €1,466 | -€3,658 | -71.4% |
| Current assets | 29/58 | €79,178 | €73,255 | -€5,924 | -7.5% |
| Stocks and contracts in progress | 3 | €33,170 | €2,000 | -€31,170 | -94.0% |
| Stocks | 30/36 | €33,170 | €2,000 | -€31,170 | -94.0% |
| Amounts receivable within one year | 40/41 | €43,858 | €65,157 | +€21,299 | +48.6% |
| Trade receivables | 40 | €16,053 | €60,157 | +€44,104 | +275% |
| Other amounts receivable | 41 | €27,805 | €5,000 | -€22,805 | -82.0% |
| Cash at bank and in hand | 54/58 | €1,111 | €5,817 | +€4,706 | +424% |
| Deferred charges and accrued income | 490/1 | €1,039 | €280 | -€759 | -73.0% |
| Total equity and liabilities | 10/49 | €112,753 | €75,604 | -€37,150 | -32.9% |
| Equity | 10/15 | -€18,640 | -€15,398 | +€3,241 | +17.4% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€38,640 | -€35,398 | +€3,241 | +8.4% |
| Amounts payable | 17/49 | €131,393 | €91,002 | -€40,391 | -30.7% |
| Amounts payable within one year | 42/48 | €131,393 | €91,002 | -€40,391 | -30.7% |
| Trade debts | 44 | €47,974 | €27,208 | -€20,765 | -43.3% |
| Suppliers | 440/4 | €47,974 | €27,208 | -€20,765 | -43.3% |
| Advances received on contracts in progress | 46 | - | €46,300 | +€46,300 | |
| Taxes, remuneration and social security | 45 | €2,045 | €572 | -€1,474 | -72.1% |
| Taxes | 450/3 | €2,045 | €572 | -€1,474 | -72.1% |
| Other amounts payable | 47/48 | €81,374 | €16,922 | -€64,452 | -79.2% |
| Non-recurring operating income | 76A | - | €26,462 | +€26,462 | |
| Remuneration, social security and pensions | 62 | - | €75 | +€75 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,967 | €1,687 | -€8,280 | -83.1% |
| Other operating charges | 640/8 | €2,924 | €745 | -€2,179 | -74.5% |
| Non-recurring operating charges | 66A | €1,159 | €920 | -€239 | -20.6% |
| Gross operating margin | 9900 | -€13,987 | €7,060 | +€21,048 | |
| Operating profit (loss) | 9901 | -€28,038 | €3,634 | +€31,671 | |
| Financial income | 75/76B | €1,309 | €0 | -€1,309 | -100.0% |
| Recurring financial income | 75 | €1,309 | €0 | -€1,309 | -100.0% |
| Financial charges | 65/66B | €1,735 | €392 | -€1,342 | -77.4% |
| Recurring financial charges | 65 | €1,735 | €392 | -€1,342 | -77.4% |
| Profit (loss) for the period before taxes | 9903 | -€28,464 | €3,241 | +€31,705 | |
| Profit (loss) for the period | 9904 | -€28,464 | €3,241 | +€31,705 | |
| Profit (loss) for the period to be appropriated | 9905 | -€28,464 | €3,241 | +€31,705 |
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 4 November 2026 via checked.be.