GARAGE JOHAN: 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 JOHAN
Largest movements
- Cash +€54,066
up €54,066 (+36.8%), from €146,768 to €200,834
mainly Net result for the year (+€47,134) and Trade debts (+€21,564)
- Stocks and contracts +€18,211
up €18,211 (+2.4%), from €763,592 to €781,804
- Receivables within one year +€17,016
up €17,016 (+25.2%), from €67,638 to €84,654
of which Trade receivables: +€16,821
- Reserves +€47,134
up €47,134 (+10.7%), from €438,951 to €486,086
of which Distributable reserves: +€47,134
- Trade debts +€21,564
up €21,564 (+33.3%), from €64,665 to €86,229
- Other debts +€16,354
up €16,354 (+4.9%), from €336,069 to €352,423
- Gross operating margin -€78,634
down €78,634 (-29.9%), from €263,277 to €184,643
- Taxes -€24,428
down €24,428 (-57.7%), from €42,360 to €17,932
- Write-downs -€10,000
down €10,000 (-100%), from €10,000 to €0
- Staff costs +€9,496
up €9,496 (+19.7%), from €48,255 to €57,751
- Other operating charges +€3,585
up €3,585 (+67.6%), from €5,302 to €8,887
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 | €1,035,606 | €1,118,380 | +€82,774 | +8.0% |
| Fixed assets | 21/28 | €52,703 | €47,685 | -€5,018 | -9.5% |
| Tangible fixed assets | 22/27 | €52,666 | €47,648 | -€5,018 | -9.5% |
| Plant, machinery and equipment | 23 | €47,234 | €44,708 | -€2,526 | -5.3% |
| Furniture and vehicles | 24 | €124 | €0 | -€124 | -100% |
| Leasing and similar rights | 25 | €5,309 | €2,940 | -€2,369 | -44.6% |
| Financial fixed assets | 28 | €37 | €37 | = | 0.0% |
| Current assets | 29/58 | €982,903 | €1,070,695 | +€87,792 | +8.9% |
| Stocks and contracts in progress | 3 | €763,592 | €781,804 | +€18,211 | +2.4% |
| Stocks | 30/36 | €763,592 | €781,804 | +€18,211 | +2.4% |
| Amounts receivable within one year | 40/41 | €67,638 | €84,654 | +€17,016 | +25.2% |
| Trade receivables | 40 | €67,638 | €84,459 | +€16,821 | +24.9% |
| Other amounts receivable | 41 | - | €196 | +€196 | |
| Cash at bank and in hand | 54/58 | €146,768 | €200,834 | +€54,066 | +36.8% |
| Deferred charges and accrued income | 490/1 | €4,905 | €3,404 | -€1,501 | -30.6% |
| Total equity and liabilities | 10/49 | €1,035,606 | €1,118,380 | +€82,774 | +8.0% |
| Equity | 10/15 | €500,951 | €548,086 | +€47,134 | +9.4% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €438,951 | €486,086 | +€47,134 | +10.7% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Distributable reserves | 133 | €432,751 | €479,886 | +€47,134 | +10.9% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €534,654 | €570,295 | +€35,640 | +6.7% |
| Amounts payable after more than one year | 17 | €3,101 | €457 | -€2,644 | -85.3% |
| Financial debts | 170/4 | €3,101 | €457 | -€2,644 | -85.3% |
| Amounts payable within one year | 42/48 | €531,554 | €569,838 | +€38,284 | +7.2% |
| Current portion of amounts payable after more than one year | 42 | €2,485 | €2,644 | +€159 | +6.4% |
| Financial debts | 43 | €75,000 | €75,000 | = | 0.0% |
| Credit institutions | 430/8 | €75,000 | €75,000 | = | 0.0% |
| Trade debts | 44 | €64,665 | €86,229 | +€21,564 | +33.3% |
| Suppliers | 440/4 | €64,665 | €86,229 | +€21,564 | +33.3% |
| Taxes, remuneration and social security | 45 | €53,335 | €53,542 | +€207 | +0.4% |
| Taxes | 450/3 | €46,975 | €46,800 | -€175 | -0.4% |
| Remuneration and social security | 454/9 | €6,360 | €6,743 | +€383 | +6.0% |
| Other amounts payable | 47/48 | €336,069 | €352,423 | +€16,354 | +4.9% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Remuneration, social security and pensions | 62 | €48,255 | €57,751 | +€9,496 | +19.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €17,420 | €18,346 | +€925 | +5.3% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €10,000 | €0 | -€10,000 | -100% |
| Other operating charges | 640/8 | €5,302 | €8,887 | +€3,585 | +67.6% |
| Non-recurring operating charges | 66A | - | €6,950 | +€6,950 | |
| Gross operating margin | 9900 | €263,277 | €184,643 | -€78,634 | -29.9% |
| Operating profit (loss) | 9901 | €182,300 | €92,709 | -€89,590 | -49.1% |
| Financial income | 75/76B | €21 | €75 | +€54 | +257% |
| Recurring financial income | 75 | €21 | €75 | +€54 | +257% |
| Financial charges | 65/66B | €30,904 | €27,718 | -€3,185 | -10.3% |
| Recurring financial charges | 65 | €30,904 | €27,718 | -€3,185 | -10.3% |
| Profit (loss) for the period before taxes | 9903 | €151,417 | €65,066 | -€86,351 | -57.0% |
| Income taxes | 67/77 | €42,360 | €17,932 | -€24,428 | -57.7% |
| Profit (loss) for the period | 9904 | €109,057 | €47,134 | -€61,923 | -56.8% |
| Profit (loss) for the period to be appropriated | 9905 | €109,057 | €47,134 | -€61,923 | -56.8% |
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 18 October 2026 via checked.be.