Garage Hercules: 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 Hercules
Largest movements
- Receivables within one year +€45,948
up €45,948 (+35.9%), from €128,138 to €174,086
of which Trade receivables: +€34,843
- Cash +€19,388
up €19,388 (+11.1%), from €173,941 to €193,329
- Tangible fixed assets -€14,492
down €14,492 (-39.8%), from €36,430 to €21,938
of which Furniture and vehicles: -€9,993
- Deferred charges and accrued income +€8,284
up €8,284 (+204%), from €4,056 to €12,340
- Profit (loss) carried forward +€110,495
up €110,495 (+55.7%), from €198,403 to €308,898
- Trade debts -€35,516
down €35,516 (-54.0%), from €65,752 to €30,236
- Debts after one year -€12,611
down €12,611 (-76.7%), from €16,447 to €3,836
- Tax, wage and social debts -€4,215
down €4,215 (-26.0%), from €16,184 to €11,969
of which Remuneration and social security: -€4,215
- Gross operating margin +€172,867
up €172,867 (+91.7%), from €188,525 to €361,392
- Taxes +€37,595
up €37,595 (+404%), from €9,314 to €46,909
- Staff costs +€36,488
up €36,488 (+27.9%), from €130,929 to €167,417
- Other operating charges +€18,869
up €18,869 (+969%), from €1,948 to €20,817
From the 2023 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
A cash bridge needs two consecutive financial years: one year's result and depreciation cannot explain a change over several years. Pick two years that follow each other.
Every line side by side
| Line | Code | 2023 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €342,565 | €401,693 | +€59,128 | +17.3% |
| Fixed assets | 21/28 | €36,430 | €21,938 | -€14,492 | -39.8% |
| Tangible fixed assets | 22/27 | €36,430 | €21,938 | -€14,492 | -39.8% |
| Plant, machinery and equipment | 23 | €14,993 | €10,494 | -€4,499 | -30.0% |
| Furniture and vehicles | 24 | €21,437 | €11,444 | -€9,993 | -46.6% |
| Current assets | 29/58 | €306,135 | €379,755 | +€73,620 | +24.0% |
| Amounts receivable within one year | 40/41 | €128,138 | €174,086 | +€45,948 | +35.9% |
| Trade receivables | 40 | €95,280 | €130,123 | +€34,843 | +36.6% |
| Other amounts receivable | 41 | €32,858 | €43,963 | +€11,105 | +33.8% |
| Cash at bank and in hand | 54/58 | €173,941 | €193,329 | +€19,388 | +11.1% |
| Deferred charges and accrued income | 490/1 | €4,056 | €12,340 | +€8,284 | +204% |
| Total equity and liabilities | 10/49 | €342,565 | €401,693 | +€59,128 | +17.3% |
| Equity | 10/15 | €218,748 | €329,243 | +€110,495 | +50.5% |
| Contributions | 10/11 | €16,500 | €16,500 | = | 0.0% |
| Reserves | 13 | €3,845 | €3,845 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,650 | €1,650 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,650 | €1,650 | = | 0.0% |
| Distributable reserves | 133 | €2,195 | €2,195 | = | 0.0% |
| Profit (loss) carried forward | 14 | €198,403 | €308,898 | +€110,495 | +55.7% |
| Amounts payable | 17/49 | €123,817 | €72,450 | -€51,367 | -41.5% |
| Amounts payable after more than one year | 17 | €16,447 | €3,836 | -€12,611 | -76.7% |
| Financial debts | 170/4 | €16,447 | €3,836 | -€12,611 | -76.7% |
| Amounts payable within one year | 42/48 | €107,370 | €68,614 | -€38,756 | -36.1% |
| Current portion of amounts payable after more than one year | 42 | €25,434 | €26,409 | +€975 | +3.8% |
| Trade debts | 44 | €65,752 | €30,236 | -€35,516 | -54.0% |
| Suppliers | 440/4 | €65,752 | €30,236 | -€35,516 | -54.0% |
| Taxes, remuneration and social security | 45 | €16,184 | €11,969 | -€4,215 | -26.0% |
| Taxes | 450/3 | €0 | - | = | |
| Remuneration and social security | 454/9 | €16,184 | €11,969 | -€4,215 | -26.0% |
| Remuneration, social security and pensions | 62 | €130,929 | €167,417 | +€36,488 | +27.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,799 | €10,686 | -€1,113 | -9.4% |
| Other operating charges | 640/8 | €1,948 | €20,817 | +€18,869 | +969% |
| Gross operating margin | 9900 | €188,525 | €361,392 | +€172,867 | +91.7% |
| Operating profit (loss) | 9901 | €43,849 | €162,472 | +€118,623 | +271% |
| Financial income | 75/76B | €157 | €150 | -€7 | -4.5% |
| Recurring financial income | 75 | €157 | €150 | -€7 | -4.5% |
| Financial charges | 65/66B | €1,886 | €1,494 | -€392 | -20.8% |
| Recurring financial charges | 65 | €1,886 | €1,494 | -€392 | -20.8% |
| Profit (loss) for the period before taxes | 9903 | €42,120 | €161,128 | +€119,008 | +283% |
| Income taxes | 67/77 | €9,314 | €46,909 | +€37,595 | +404% |
| Profit (loss) for the period | 9904 | €32,806 | €114,219 | +€81,413 | +248% |
| Profit (loss) for the period to be appropriated | 9905 | €32,806 | €114,219 | +€81,413 | +248% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 31 October 2026 via checked.be.