Garage KOCKELMANN: 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 KOCKELMANN
Largest movements
- Receivables within one year -€108,181
down €108,181 (-48.3%), from €224,107 to €115,926
of which Trade receivables: -€113,972
- Stocks and contracts -€79,937
down €79,937 (-6.0%), from €1.3m to €1.3m
- Cash -€26,894
down €26,894 (-39.2%), from €68,553 to €41,659
mainly Trade debts (-€235,718) and Investment in fixed assets (net) (-€83,976)
- Trade debts -€235,718
down €235,718 (-21.2%), from €1.1m to €878,504
- Short-term financial debts +€31,766
up €31,766 (+9.6%), from €332,040 to €363,806
- Debts after one year +€27,904
up €27,904 (+8.7%), from €320,786 to €348,690
- Current portion of long-term debt +€27,357
up €27,357 (+49.2%), from €55,620 to €82,977
- Reserves -€26,521
down €26,521 (-5.9%), from €452,363 to €425,841
of which Distributable reserves: -€26,521
- Staff costs +€68,535
up €68,535 (+27.9%), from €245,412 to €313,947
- Gross operating margin +€61,665
up €61,665 (+16.7%), from €369,081 to €430,745
- Depreciation +€13,424
up €13,424 (+28.3%), from €47,375 to €60,799
- Financial charges -€4,768
down €4,768 (-8.1%), from €59,175 to €54,407
- Write-downs +€4,582
up €4,582, from -€4,582 to €0
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 | €2,407,546 | €2,217,030 | -€190,515 | -7.9% |
| Fixed assets | 21/28 | €774,040 | €797,216 | +€23,177 | +3.0% |
| Intangible fixed assets | 21 | €14,642 | €17,686 | +€3,043 | +20.8% |
| Tangible fixed assets | 22/27 | €758,282 | €778,415 | +€20,133 | +2.7% |
| Land and buildings | 22 | €719,979 | €698,819 | -€21,160 | -2.9% |
| Plant, machinery and equipment | 23 | €13,517 | €29,442 | +€15,925 | +118% |
| Furniture and vehicles | 24 | €24,785 | €15,137 | -€9,648 | -38.9% |
| Leasing and similar rights | 25 | - | €35,017 | +€35,017 | |
| Financial fixed assets | 28 | €1,116 | €1,116 | = | 0.0% |
| Current assets | 29/58 | €1,633,506 | €1,419,814 | -€213,692 | -13.1% |
| Stocks and contracts in progress | 3 | €1,335,830 | €1,255,894 | -€79,937 | -6.0% |
| Stocks | 30/36 | €1,335,830 | €1,255,894 | -€79,937 | -6.0% |
| Amounts receivable within one year | 40/41 | €224,107 | €115,926 | -€108,181 | -48.3% |
| Trade receivables | 40 | €217,918 | €103,945 | -€113,972 | -52.3% |
| Other amounts receivable | 41 | €6,189 | €11,981 | +€5,792 | +93.6% |
| Cash at bank and in hand | 54/58 | €68,553 | €41,659 | -€26,894 | -39.2% |
| Deferred charges and accrued income | 490/1 | €5,016 | €6,335 | +€1,319 | +26.3% |
| Total equity and liabilities | 10/49 | €2,407,546 | €2,217,030 | -€190,515 | -7.9% |
| Equity | 10/15 | €470,955 | €444,433 | -€26,521 | -5.6% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €452,363 | €425,841 | -€26,521 | -5.9% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | = | 0.0% |
| Tax-exempt reserves | 132 | €56,250 | €56,250 | = | 0.0% |
| Distributable reserves | 133 | €394,253 | €367,732 | -€26,521 | -6.7% |
| Amounts payable | 17/49 | €1,936,591 | €1,772,597 | -€163,994 | -8.5% |
| Amounts payable after more than one year | 17 | €320,786 | €348,690 | +€27,904 | +8.7% |
| Financial debts | 170/4 | €320,786 | €348,690 | +€27,904 | +8.7% |
| Amounts payable within one year | 42/48 | €1,607,486 | €1,420,266 | -€187,220 | -11.6% |
| Current portion of amounts payable after more than one year | 42 | €55,620 | €82,977 | +€27,357 | +49.2% |
| Financial debts | 43 | €332,040 | €363,806 | +€31,766 | +9.6% |
| Credit institutions | 430/8 | €332,040 | €363,806 | +€31,766 | +9.6% |
| Trade debts | 44 | €1,114,222 | €878,504 | -€235,718 | -21.2% |
| Suppliers | 440/4 | €1,114,222 | €878,504 | -€235,718 | -21.2% |
| Taxes, remuneration and social security | 45 | €101,337 | €78,572 | -€22,766 | -22.5% |
| Taxes | 450/3 | €58,208 | €36,149 | -€22,059 | -37.9% |
| Remuneration and social security | 454/9 | €43,130 | €42,423 | -€707 | -1.6% |
| Other amounts payable | 47/48 | €4,267 | €16,408 | +€12,141 | +285% |
| Accrued charges and deferred income | 492/3 | €8,319 | €3,641 | -€4,678 | -56.2% |
| Remuneration, social security and pensions | 62 | €245,412 | €313,947 | +€68,535 | +27.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €47,375 | €60,799 | +€13,424 | +28.3% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€4,582 | €0 | +€4,582 | |
| Other operating charges | 640/8 | €25,246 | €27,226 | +€1,980 | +7.8% |
| Non-recurring operating charges | 66A | €0 | €4,280 | +€4,280 | |
| Gross operating margin | 9900 | €369,081 | €430,745 | +€61,665 | +16.7% |
| Operating profit (loss) | 9901 | €55,629 | €24,493 | -€31,136 | -56.0% |
| Financial income | 75/76B | €2 | €3,707 | +€3,705 | +198,154% |
| Recurring financial income | 75 | €2 | €3,707 | +€3,705 | +198,154% |
| Financial charges | 65/66B | €59,175 | €54,407 | -€4,768 | -8.1% |
| Recurring financial charges | 65 | €59,175 | €54,407 | -€4,768 | -8.1% |
| Profit (loss) for the period before taxes | 9903 | -€3,544 | -€26,207 | -€22,663 | -640% |
| Income taxes | 67/77 | €311 | €315 | +€4 | +1.2% |
| Profit (loss) for the period | 9904 | -€3,855 | -€26,521 | -€22,667 | -588% |
| Profit (loss) for the period to be appropriated | 9905 | -€3,855 | -€26,521 | -€22,667 | -588% |
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 1 November 2026 via checked.be.