Garage Gilbert: 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.
What changed
Garage Gilbert
NACE 47.811, Retail sale of cars and light vans (up to 3.5 tonnes)
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€24,567
2024 · €11,230+€13,338
Equity
€242,376
2024 · €217,808+€24,567
Cash
€95,424
2024 · €92,466+€2,958
Balance sheet total
€512,152
2024 · €489,991+€22,162
Largest movements
Assets
- Stocks and contracts +€39,749
up €39,749 (+28.2%), from €141,043 to €180,792
- Receivables within one year -€17,355
down €17,355 (-8.9%), from €194,817 to €177,462
of which Trade receivables: -€16,781
Equity and liabilities
- Reserves +€24,567
up €24,567 (+20.9%), from €117,808 to €142,376
of which Distributable reserves: +€24,567
Income statement
- Gross operating margin +€13,100
up €13,100 (+4.8%), from €271,785 to €284,885
- Staff costs -€11,137
down €11,137 (-5.0%), from €221,926 to €210,789
- Taxes +€5,680
up €5,680 (+78.6%), from €7,228 to €12,908
- Depreciation +€5,591
up €5,591 (+91.0%), from €6,144 to €11,735
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.
Result 2024
€11,230
Gross operating margin
+€13,100
Staff costs
+€11,137
Depreciation
-€5,591
Write-downs
+€1,268
Other operating charges
-€2,241
Financial income
+€5
Financial charges
+€1,339
Taxes
-€5,680
Result 2025
€24,567
raises the resultlowers the result
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.
From operations
+€12,413
Investment
-€9,456
Financing
€0
Cash 2024
€92,466
From operations (derived)
+€12,413
Net result for the year
+€24,567
Depreciation
+€11,735
Stocks and contracts
-€39,749
Receivables within one year
+€17,355
Deferred charges and accrued income
+€911
Trade debts
-€4,055
Tax, wage and social debts
-€1,779
Other debts
+€4,599
Accrued charges and deferred income
-€1,170
Investment (derived)
-€9,456
Investment in fixed assets (net)
-€9,456
Cash 2025
€95,424
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €489,991 | €512,152 | +€22,162 | +4.5% |
| Fixed assets | 21/28 | €56,279 | €53,999 | -€2,280 | -4.1% |
| Tangible fixed assets | 22/27 | €56,144 | €53,864 | -€2,280 | -4.1% |
| Plant, machinery and equipment | 23 | €25,757 | €29,491 | +€3,733 | +14.5% |
| Furniture and vehicles | 24 | €30,386 | €24,374 | -€6,013 | -19.8% |
| Financial fixed assets | 28 | €135 | €135 | = | 0.0% |
| Current assets | 29/58 | €433,712 | €458,153 | +€24,441 | +5.6% |
| Stocks and contracts in progress | 3 | €141,043 | €180,792 | +€39,749 | +28.2% |
| Stocks | 30/36 | €141,043 | €180,792 | +€39,749 | +28.2% |
| Amounts receivable within one year | 40/41 | €194,817 | €177,462 | -€17,355 | -8.9% |
| Trade receivables | 40 | €194,243 | €177,462 | -€16,781 | -8.6% |
| Other amounts receivable | 41 | €574 | - | -€574 | |
| Cash at bank and in hand | 54/58 | €92,466 | €95,424 | +€2,958 | +3.2% |
| Deferred charges and accrued income | 490/1 | €5,386 | €4,476 | -€911 | -16.9% |
| Total equity and liabilities | 10/49 | €489,991 | €512,152 | +€22,162 | +4.5% |
| Equity | 10/15 | €217,808 | €242,376 | +€24,567 | +11.3% |
| Contributions | 10/11 | €100,000 | €100,000 | = | 0.0% |
| Capital | 10 | €100,000 | €100,000 | = | 0.0% |
| Issued capital | 100 | €100,000 | €100,000 | = | 0.0% |
| Reserves | 13 | €117,808 | €142,376 | +€24,567 | +20.9% |
| Non-distributable reserves | 130/1 | €10,000 | €10,000 | = | 0.0% |
| Legal reserve | 130 | €10,000 | €10,000 | = | 0.0% |
| Distributable reserves | 133 | €107,808 | €132,376 | +€24,567 | +22.8% |
| Amounts payable | 17/49 | €272,182 | €269,777 | -€2,406 | -0.9% |
| Amounts payable within one year | 42/48 | €260,407 | €259,171 | -€1,235 | -0.5% |
| Trade debts | 44 | €53,960 | €49,905 | -€4,055 | -7.5% |
| Suppliers | 440/4 | €53,960 | €49,905 | -€4,055 | -7.5% |
| Taxes, remuneration and social security | 45 | €59,203 | €57,424 | -€1,779 | -3.0% |
| Taxes | 450/3 | €26,601 | €33,938 | +€7,337 | +27.6% |
| Remuneration and social security | 454/9 | €32,602 | €23,486 | -€9,116 | -28.0% |
| Other amounts payable | 47/48 | €147,244 | €151,843 | +€4,599 | +3.1% |
| Accrued charges and deferred income | 492/3 | €11,776 | €10,605 | -€1,170 | -9.9% |
| Remuneration, social security and pensions | 62 | €221,926 | €210,789 | -€11,137 | -5.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,144 | €11,735 | +€5,591 | +91.0% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€1,923 | -€3,190 | -€1,268 | -66.0% |
| Other operating charges | 640/8 | €14,375 | €16,616 | +€2,241 | +15.6% |
| Gross operating margin | 9900 | €271,785 | €284,885 | +€13,100 | +4.8% |
| Operating profit (loss) | 9901 | €31,262 | €48,936 | +€17,673 | +56.5% |
| Financial income | 75/76B | €4 | €9 | +€5 | +137% |
| Recurring financial income | 75 | €4 | €9 | +€5 | +137% |
| Financial charges | 65/66B | €12,808 | €11,470 | -€1,339 | -10.5% |
| Recurring financial charges | 65 | €12,808 | €11,470 | -€1,339 | -10.5% |
| Profit (loss) for the period before taxes | 9903 | €18,458 | €37,476 | +€19,018 | +103% |
| Income taxes | 67/77 | €7,228 | €12,908 | +€5,680 | +78.6% |
| Profit (loss) for the period | 9904 | €11,230 | €24,567 | +€13,338 | +119% |
| Profit (loss) for the period to be appropriated | 9905 | €11,230 | €24,567 | +€13,338 | +119% |
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 23 October 2026 via checked.be.