GARAGE HELLINCKX: what changed
Two fiscal 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 HELLINCKX
Largest movements
- Stocks and contracts +€629,730
up €629,730 (+145.6%), from €432,398 to €1.1m
- Cash -€295,231
down €295,231 (-13.9%), from €2.1m to €1.8m
mainly Stocks and contracts (-€629,730) and Tax, wage and social debts (-€11,671)
- Receivables within one year -€52,259
down €52,259 (-8.0%), from €651,001 to €598,742
of which Other amounts receivable: -€88,265
- Trade debts +€249,926
up €249,926 (+57.2%), from €436,787 to €686,713
- Turnover -€194,578
down €194,578 (-4.2%), from €4.7m to €4.5m
- Gross operating margin -€182,392
down €182,392 (-73.9%), from €246,772 to €64,380
- Taxes -€71,215
down €71,215 (-97.9%), from €72,770 to €1,556
- Purchases and services -€61,420
down €61,420 (-1.4%), from €4.5m to €4.4m
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.
Cash bridge derived
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 | €3,657,990 | €3,918,026 | +€260,037 | +7.1% |
| Fixed assets | 21/28 | €449,843 | €427,639 | -€22,204 | -4.9% |
| Tangible fixed assets | 22/27 | €448,615 | €426,411 | -€22,204 | -4.9% |
| Land and buildings | 22 | €427,035 | €409,072 | -€17,963 | -4.2% |
| Plant, machinery and equipment | 23 | €4,814 | €5,380 | +€566 | +11.8% |
| Furniture and vehicles | 24 | €16,766 | €11,959 | -€4,808 | -28.7% |
| Financial fixed assets | 28 | €1,228 | €1,228 | = | 0.0% |
| Current assets | 29/58 | €3,208,147 | €3,490,387 | +€282,240 | +8.8% |
| Stocks and contracts in progress | 3 | €432,398 | €1,062,128 | +€629,730 | +145.6% |
| Stocks | 30/36 | €432,398 | €1,062,128 | +€629,730 | +145.6% |
| Amounts receivable within one year | 40/41 | €651,001 | €598,742 | -€52,259 | -8.0% |
| Trade receivables | 40 | €363,763 | €399,769 | +€36,006 | +9.9% |
| Other amounts receivable | 41 | €287,238 | €198,973 | -€88,265 | -30.7% |
| Current investments | 50/53 | €245 | €245 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €2,124,503 | €1,829,273 | -€295,231 | -13.9% |
| Total equity and liabilities | 10/49 | €3,657,990 | €3,918,026 | +€260,037 | +7.1% |
| Equity | 10/15 | €3,021,148 | €3,043,330 | +€22,182 | +0.7% |
| Contributions | 10/11 | €250,000 | €250,000 | = | 0.0% |
| Capital | 10 | €250,000 | €250,000 | = | 0.0% |
| Issued capital | 100 | €250,000 | €250,000 | = | 0.0% |
| Reserves | 13 | €175,000 | €175,000 | = | 0.0% |
| Non-distributable reserves | 130/1 | €25,000 | €25,000 | = | 0.0% |
| Legal reserve | 130 | €25,000 | €25,000 | = | 0.0% |
| Distributable reserves | 133 | €150,000 | €150,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €2,596,148 | €2,618,330 | +€22,182 | +0.9% |
| Amounts payable | 17/49 | €636,842 | €874,697 | +€237,855 | +37.3% |
| Amounts payable within one year | 42/48 | €636,842 | €874,697 | +€237,855 | +37.3% |
| Trade debts | 44 | €436,787 | €686,713 | +€249,926 | +57.2% |
| Suppliers | 440/4 | €436,787 | €686,713 | +€249,926 | +57.2% |
| Taxes, remuneration and social security | 45 | €11,671 | - | -€11,671 | |
| Taxes | 450/3 | €11,665 | - | -€11,665 | |
| Remuneration and social security | 454/9 | €6 | - | -€6 | |
| Other amounts payable | 47/48 | €188,384 | €187,984 | -€400 | -0.2% |
| Turnover | 70 | €4,683,609 | €4,489,030 | -€194,578 | -4.2% |
| Non-recurring operating income | 76A | €584 | - | -€584 | |
| Goods, raw materials, services and sundry goods | 60/61 | €4,487,721 | €4,426,301 | -€61,420 | -1.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €30,600 | €24,533 | -€6,067 | -19.8% |
| Other operating charges | 640/8 | €17,305 | €15,934 | -€1,370 | -7.9% |
| Gross operating margin | 9900 | €246,772 | €64,380 | -€182,392 | -73.9% |
| Operating profit (loss) | 9901 | €198,867 | €23,912 | -€174,955 | -88.0% |
| Financial income | 75/76B | €1 | - | -€1 | |
| Recurring financial income | 75 | €1 | - | -€1 | |
| Financial charges | 65/66B | €180 | €175 | -€5 | -2.8% |
| Recurring financial charges | 65 | €180 | €175 | -€5 | -2.8% |
| Profit (loss) for the period before taxes | 9903 | €198,688 | €23,737 | -€174,950 | -88.1% |
| Income taxes | 67/77 | €72,770 | €1,556 | -€71,215 | -97.9% |
| Profit (loss) for the period | 9904 | €125,917 | €22,182 | -€103,736 | -82.4% |
| Profit (loss) for the period to be appropriated | 9905 | €125,917 | €22,182 | -€103,736 | -82.4% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 9 October 2026 via checked.be.