GARAGE LOPES: 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 LOPES
Largest movements
- Stocks and contracts -€25,688
down €25,688 (-14.8%), from €173,375 to €147,687
- Receivables within one year -€12,819
down €12,819 (-35.7%), from €35,874 to €23,055
of which Trade receivables: -€12,122
- Tangible fixed assets +€12,519
up €12,519 (+7.2%), from €174,081 to €186,600
of which Plant, machinery and equipment: +€16,995
- Cash -€8,720
down €8,720 (-7.0%), from €124,625 to €115,905
mainly Contributions, distributions and other (-€70,000) and Investment in fixed assets (net) (-€29,791)
- Profit (loss) carried forward -€52,810
down €52,810 (-17.9%), from €294,776 to €241,966
- Trade debts +€20,858
up €20,858 (+115%), from €18,149 to €39,007
- Gross operating margin +€61,799
up €61,799 (+36.9%), from €167,443 to €229,241
- Staff costs +€54,531
up €54,531 (+41.8%), from €130,348 to €184,879
- Financial income +€4,601
up €4,601 (+1,000,324%), from €0 to €4,602
- Taxes +€2,805
new in 2025: €2,805
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 | €512,615 | €477,065 | -€35,550 | -6.9% |
| Fixed assets | 21/28 | €174,371 | €186,890 | +€12,519 | +7.2% |
| Tangible fixed assets | 22/27 | €174,081 | €186,600 | +€12,519 | +7.2% |
| Land and buildings | 22 | €170,533 | €159,321 | -€11,212 | -6.6% |
| Plant, machinery and equipment | 23 | €2,334 | €19,329 | +€16,995 | +728% |
| Furniture and vehicles | 24 | €1,214 | €7,950 | +€6,736 | +555% |
| Financial fixed assets | 28 | €290 | €290 | = | 0.0% |
| Current assets | 29/58 | €338,244 | €290,174 | -€48,069 | -14.2% |
| Stocks and contracts in progress | 3 | €173,375 | €147,687 | -€25,688 | -14.8% |
| Stocks | 30/36 | €173,375 | €147,687 | -€25,688 | -14.8% |
| Amounts receivable within one year | 40/41 | €35,874 | €23,055 | -€12,819 | -35.7% |
| Trade receivables | 40 | €25,693 | €13,571 | -€12,122 | -47.2% |
| Other amounts receivable | 41 | €10,181 | €9,484 | -€697 | -6.8% |
| Cash at bank and in hand | 54/58 | €124,625 | €115,905 | -€8,720 | -7.0% |
| Deferred charges and accrued income | 490/1 | €4,370 | €3,527 | -€843 | -19.3% |
| Total equity and liabilities | 10/49 | €512,615 | €477,065 | -€35,550 | -6.9% |
| Equity | 10/15 | €465,236 | €412,426 | -€52,810 | -11.4% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €151,860 | €151,860 | = | 0.0% |
| Distributable reserves | 133 | €151,860 | €151,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €294,776 | €241,966 | -€52,810 | -17.9% |
| Amounts payable | 17/49 | €47,379 | €64,639 | +€17,260 | +36.4% |
| Amounts payable within one year | 42/48 | €47,379 | €64,639 | +€17,260 | +36.4% |
| Trade debts | 44 | €18,149 | €39,007 | +€20,858 | +115% |
| Suppliers | 440/4 | €18,149 | €39,007 | +€20,858 | +115% |
| Taxes, remuneration and social security | 45 | €29,230 | €25,632 | -€3,598 | -12.3% |
| Taxes | 450/3 | €9,941 | €12,162 | +€2,222 | +22.3% |
| Remuneration and social security | 454/9 | €19,290 | €13,470 | -€5,820 | -30.2% |
| Remuneration, social security and pensions | 62 | €130,348 | €184,879 | +€54,531 | +41.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €17,952 | €17,272 | -€680 | -3.8% |
| Other operating charges | 640/8 | €10,598 | €11,533 | +€935 | +8.8% |
| Gross operating margin | 9900 | €167,443 | €229,241 | +€61,799 | +36.9% |
| Operating profit (loss) | 9901 | €8,544 | €15,557 | +€7,013 | +82.1% |
| Financial income | 75/76B | €0 | €4,602 | +€4,601 | +1,000,324% |
| Recurring financial income | 75 | €0 | €4,602 | +€4,601 | +1,000,324% |
| Financial charges | 65/66B | €1,007 | €164 | -€842 | -83.7% |
| Recurring financial charges | 65 | €1,007 | €164 | -€842 | -83.7% |
| Profit (loss) for the period before taxes | 9903 | €7,538 | €19,995 | +€12,457 | +165% |
| Income taxes | 67/77 | - | €2,805 | +€2,805 | |
| Profit (loss) for the period | 9904 | €7,538 | €17,190 | +€9,652 | +128% |
| Profit (loss) for the period to be appropriated | 9905 | €7,538 | €17,190 | +€9,652 | +128% |
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 25 October 2026 via checked.be.