GARAGE GUNS: 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 GUNS
Largest movements
- Cash -€9,612
down €9,612 (-3.4%), from €286,847 to €277,235
mainly Contributions, distributions and other (-€71,333) and Trade debts (-€12,831)
- Tangible fixed assets +€6,508
up €6,508 (+351%), from €1,856 to €8,364
of which Plant, machinery and equipment: +€5,372
- Stocks and contracts -€5,591
down €5,591 (-25.4%), from €22,031 to €16,440
- Receivables within one year -€3,777
down €3,777 (-35.2%), from €10,743 to €6,966
- Trade debts -€12,831
down €12,831 (-66.1%), from €19,408 to €6,577
- Gross operating margin +€2,277
up €2,277 (+2.2%), from €105,251 to €107,529
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 | €324,403 | €309,105 | -€15,298 | -4.7% |
| Fixed assets | 21/28 | €1,956 | €8,464 | +€6,508 | +333% |
| Tangible fixed assets | 22/27 | €1,856 | €8,364 | +€6,508 | +351% |
| Plant, machinery and equipment | 23 | - | €5,372 | +€5,372 | |
| Furniture and vehicles | 24 | - | €1,599 | +€1,599 | |
| Other tangible fixed assets | 26 | €1,856 | €1,392 | -€464 | -25.0% |
| Financial fixed assets | 28 | €100 | €100 | = | 0.0% |
| Current assets | 29/58 | €322,447 | €300,641 | -€21,805 | -6.8% |
| Stocks and contracts in progress | 3 | €22,031 | €16,440 | -€5,591 | -25.4% |
| Stocks | 30/36 | €22,031 | €16,440 | -€5,591 | -25.4% |
| Amounts receivable within one year | 40/41 | €10,743 | €6,966 | -€3,777 | -35.2% |
| Trade receivables | 40 | €10,743 | €6,966 | -€3,777 | -35.2% |
| Cash at bank and in hand | 54/58 | €286,847 | €277,235 | -€9,612 | -3.4% |
| Deferred charges and accrued income | 490/1 | €2,825 | - | -€2,825 | |
| Total equity and liabilities | 10/49 | €324,403 | €309,105 | -€15,298 | -4.7% |
| Equity | 10/15 | €270,347 | €272,901 | +€2,554 | +0.9% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €248,685 | €251,239 | +€2,554 | +1.0% |
| Distributable reserves | 133 | €248,685 | €251,239 | +€2,554 | +1.0% |
| Profit (loss) carried forward | 14 | €3,070 | €3,070 | = | 0.0% |
| Amounts payable | 17/49 | €54,056 | €36,204 | -€17,852 | -33.0% |
| Amounts payable within one year | 42/48 | €50,556 | €32,704 | -€17,852 | -35.3% |
| Trade debts | 44 | €19,408 | €6,577 | -€12,831 | -66.1% |
| Suppliers | 440/4 | €19,408 | €6,577 | -€12,831 | -66.1% |
| Taxes, remuneration and social security | 45 | €17,146 | €14,561 | -€2,585 | -15.1% |
| Taxes | 450/3 | €17,146 | €14,561 | -€2,585 | -15.1% |
| Other amounts payable | 47/48 | €14,003 | €11,566 | -€2,436 | -17.4% |
| Accrued charges and deferred income | 492/3 | €3,500 | €3,500 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,284 | €2,117 | -€167 | -7.3% |
| Other operating charges | 640/8 | €2,235 | €2,942 | +€707 | +31.6% |
| Gross operating margin | 9900 | €105,251 | €107,529 | +€2,277 | +2.2% |
| Operating profit (loss) | 9901 | €100,732 | €102,469 | +€1,737 | +1.7% |
| Financial income | 75/76B | €2,051 | €1,193 | -€858 | -41.8% |
| Recurring financial income | 75 | €2,051 | €1,193 | -€858 | -41.8% |
| Financial charges | 65/66B | €874 | €831 | -€43 | -4.9% |
| Recurring financial charges | 65 | €874 | €831 | -€43 | -4.9% |
| Profit (loss) for the period before taxes | 9903 | €101,910 | €102,831 | +€921 | +0.9% |
| Income taxes | 67/77 | €28,849 | €28,944 | +€95 | +0.3% |
| Profit (loss) for the period | 9904 | €73,061 | €73,887 | +€826 | +1.1% |
| Profit (loss) for the period to be appropriated | 9905 | €73,061 | €73,887 | +€826 | +1.1% |
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 14 October 2026 via checked.be.