GARAGE GOFFLO: 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 GOFFLO
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
€340,553
2024 · €298,170+€42,383
Equity
€1.3m
2024 · €1.1m+€190,253
Cash
€218,741
2024 · €430,090-€211,349
Balance sheet total
€2.6m
2024 · €2.6m+€21,216
Largest movements
Assets
- Stocks and contracts +€356,694
up €356,694 (+39.5%), from €903,339 to €1.3m
- Cash -€211,349
down €211,349 (-49.1%), from €430,090 to €218,741
mainly Stocks and contracts (-€356,694) and Debts after one year (-€164,403)
- Tangible fixed assets -€72,426
down €72,426 (-8.2%), from €883,249 to €810,824
- Receivables within one year -€51,708
down €51,708 (-14.3%), from €362,710 to €311,002
of which Trade receivables: -€51,708
Equity and liabilities
- Reserves +€190,553
up €190,553 (+18.5%), from €1.0m to €1.2m
of which Distributable reserves: +€242,360
- Debts after one year -€164,403
down €164,403 (-30.2%), from €543,567 to €379,164
- Other debts +€76,017
up €76,017 (+32.7%), from €232,174 to €308,191
- Trade debts -€37,236
down €37,236 (-33.5%), from €111,040 to €73,804
Income statement
- Gross operating margin +€100,944
up €100,944 (+10.2%), from €989,558 to €1.1m
- Staff costs +€57,134
up €57,134 (+17.3%), from €330,503 to €387,637
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
€298,170
Gross operating margin
+€100,944
Staff costs
-€57,134
Depreciation
-€6,296
Write-downs
+€7,917
Other operating charges
-€3,091
Other operating items
-€934
Financial income
+€6,678
Financial charges
+€3,789
Taxes
-€8,736
Deferred taxes and other
-€754
Result 2025
€340,553
raises the resultlowers the resultnot broken down further in the accounts
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
+€247,889
Investment
-€127,668
Financing
-€331,570
Cash 2024
€430,090
From operations (derived)
+€247,889
Net result for the year
+€340,553
Depreciation
+€200,090
Stocks and contracts
-€356,694
Receivables within one year
+€51,708
Provisions
-€3,236
Trade debts
-€37,236
Tax, wage and social debts
-€24,374
Advances received
-€175
Other debts
+€76,017
Accrued charges and deferred income
+€1,235
Investment (derived)
-€127,668
Investment in fixed assets (net)
-€127,668
Financing
-€331,570
Debts after one year
-€164,403
Current portion of long-term debt
-€16,866
Contributions, distributions and other
-€150,300
Cash 2025
€218,741
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €2,580,307 | €2,601,523 | +€21,216 | +0.8% |
| Fixed assets | 21/28 | €884,169 | €811,747 | -€72,421 | -8.2% |
| Tangible fixed assets | 22/27 | €883,249 | €810,824 | -€72,426 | -8.2% |
| Land and buildings | 22 | €473,758 | €465,536 | -€8,222 | -1.7% |
| Plant, machinery and equipment | 23 | €72,166 | €53,888 | -€18,278 | -25.3% |
| Furniture and vehicles | 24 | €310,692 | €283,534 | -€27,158 | -8.7% |
| Leasing and similar rights | 25 | €26,634 | €7,865 | -€18,768 | -70.5% |
| Financial fixed assets | 28 | €919 | €924 | +€5 | +0.5% |
| Current assets | 29/58 | €1,696,138 | €1,789,775 | +€93,637 | +5.5% |
| Stocks and contracts in progress | 3 | €903,339 | €1,260,033 | +€356,694 | +39.5% |
| Stocks | 30/36 | €903,339 | €1,260,033 | +€356,694 | +39.5% |
| Amounts receivable within one year | 40/41 | €362,710 | €311,002 | -€51,708 | -14.3% |
| Trade receivables | 40 | €349,962 | €298,254 | -€51,708 | -14.8% |
| Other amounts receivable | 41 | €12,748 | €12,748 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €430,090 | €218,741 | -€211,349 | -49.1% |
| Total equity and liabilities | 10/49 | €2,580,307 | €2,601,523 | +€21,216 | +0.8% |
| Equity | 10/15 | €1,068,733 | €1,258,986 | +€190,253 | +17.8% |
| Contributions | 10/11 | €40,000 | €40,000 | = | 0.0% |
| Reserves | 13 | €1,027,833 | €1,218,386 | +€190,553 | +18.5% |
| Tax-exempt reserves | 132 | €206,858 | €155,051 | -€51,807 | -25.0% |
| Distributable reserves | 133 | €820,975 | €1,063,335 | +€242,360 | +29.5% |
| Investment grants | 15 | €900 | €600 | -€300 | -33.3% |
| Provisions and deferred taxes | 16 | €249,707 | €246,471 | -€3,236 | -1.3% |
| Provisions for liabilities and charges | 160/5 | €240,000 | €240,000 | = | 0.0% |
| Environmental obligations | 163 | €240,000 | €240,000 | = | 0.0% |
| Deferred taxes | 168 | €9,707 | €6,471 | -€3,236 | -33.3% |
| Amounts payable | 17/49 | €1,261,867 | €1,096,065 | -€165,802 | -13.1% |
| Amounts payable after more than one year | 17 | €543,567 | €379,164 | -€164,403 | -30.2% |
| Financial debts | 170/4 | €543,567 | €379,164 | -€164,403 | -30.2% |
| Amounts payable within one year | 42/48 | €709,378 | €706,744 | -€2,634 | -0.4% |
| Current portion of amounts payable after more than one year | 42 | €180,105 | €163,239 | -€16,866 | -9.4% |
| Trade debts | 44 | €111,040 | €73,804 | -€37,236 | -33.5% |
| Suppliers | 440/4 | €111,040 | €73,804 | -€37,236 | -33.5% |
| Advances received on contracts in progress | 46 | €494 | €319 | -€175 | -35.4% |
| Taxes, remuneration and social security | 45 | €185,565 | €161,191 | -€24,374 | -13.1% |
| Taxes | 450/3 | €152,382 | €123,911 | -€28,471 | -18.7% |
| Remuneration and social security | 454/9 | €33,183 | €37,280 | +€4,097 | +12.3% |
| Other amounts payable | 47/48 | €232,174 | €308,191 | +€76,017 | +32.7% |
| Accrued charges and deferred income | 492/3 | €8,923 | €10,158 | +€1,235 | +13.8% |
| Remuneration, social security and pensions | 62 | €330,503 | €387,637 | +€57,134 | +17.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €193,794 | €200,090 | +€6,296 | +3.2% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€20,000 | -€27,917 | -€7,917 | -39.6% |
| Other operating charges | 640/8 | €37,615 | €40,706 | +€3,091 | +8.2% |
| Non-recurring operating charges | 66A | €4,995 | €5,928 | +€934 | +18.7% |
| Gross operating margin | 9900 | €989,558 | €1,090,501 | +€100,944 | +10.2% |
| Operating profit (loss) | 9901 | €442,652 | €484,057 | +€41,406 | +9.4% |
| Financial income | 75/76B | €5,446 | €12,124 | +€6,678 | +123% |
| Recurring financial income | 75 | €5,446 | €3,059 | -€2,387 | -43.8% |
| Non-recurring financial income | 76B | - | €9,064 | +€9,064 | |
| Financial charges | 65/66B | €38,728 | €34,939 | -€3,789 | -9.8% |
| Recurring financial charges | 65 | €38,728 | €34,939 | -€3,789 | -9.8% |
| Profit (loss) for the period before taxes | 9903 | €409,369 | €461,242 | +€51,873 | +12.7% |
| Transfer from deferred taxes | 780 | €3,990 | €3,236 | -€754 | -18.9% |
| Income taxes | 67/77 | €115,188 | €123,924 | +€8,736 | +7.6% |
| Profit (loss) for the period | 9904 | €298,170 | €340,553 | +€42,383 | +14.2% |
| Transfer from tax-exempt reserves | 789 | €11,553 | €51,807 | +€40,254 | +348% |
| Transfer to tax-exempt reserves | 689 | €42,100 | - | -€42,100 | |
| Profit (loss) for the period to be appropriated | 9905 | €267,623 | €392,360 | +€124,737 | +46.6% |
Source: filed annual accounts (NBB), financial years ended 30 November 2024 and 30 November 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 17 October 2026 via checked.be.