Garage Luc: 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 Luc
Largest movements
- Cash +€27,785
up €27,785 (+29.7%), from €93,620 to €121,405
mainly Net result for the year (+€23,306) and Receivables within one year (+€18,483)
- Receivables within one year -€18,483
down €18,483 (-42.5%), from €43,502 to €25,019
of which Trade receivables: -€16,950
- Tangible fixed assets -€6,083
down €6,083 (-21.7%), from €28,049 to €21,966
of which Land and buildings: -€4,738
- Deferred charges and accrued income -€1,908
no longer reported in 2025 (was €1,908)
- Reserves -€11,944
down €11,944 (-9.2%), from €129,575 to €117,631
- Other debts +€8,799
up €8,799 (+62.4%), from €14,101 to €22,900
- Tax, wage and social debts +€5,809
up €5,809 (+456%), from €1,273 to €7,082
- Gross operating margin +€23,944
up €23,944 (+110%), from €21,776 to €45,720
- Taxes +€7,466
up €7,466 (+198%), from €3,774 to €11,240
- Other operating charges +€2,950
up €2,950 (+171%), from €1,721 to €4,671
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 | €168,580 | €169,890 | +€1,310 | +0.8% |
| Fixed assets | 21/28 | €28,049 | €21,966 | -€6,083 | -21.7% |
| Tangible fixed assets | 22/27 | €28,049 | €21,966 | -€6,083 | -21.7% |
| Land and buildings | 22 | €26,221 | €21,483 | -€4,738 | -18.1% |
| Plant, machinery and equipment | 23 | €1,335 | €483 | -€852 | -63.8% |
| Furniture and vehicles | 24 | €493 | - | -€493 | |
| Current assets | 29/58 | €140,531 | €147,924 | +€7,393 | +5.3% |
| Stocks and contracts in progress | 3 | €1,500 | €1,500 | = | 0.0% |
| Stocks | 30/36 | €1,500 | €1,500 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €43,502 | €25,019 | -€18,483 | -42.5% |
| Trade receivables | 40 | €37,743 | €20,792 | -€16,950 | -44.9% |
| Other amounts receivable | 41 | €5,759 | €4,226 | -€1,533 | -26.6% |
| Cash at bank and in hand | 54/58 | €93,620 | €121,405 | +€27,785 | +29.7% |
| Deferred charges and accrued income | 490/1 | €1,908 | - | -€1,908 | |
| Total equity and liabilities | 10/49 | €168,580 | €169,890 | +€1,310 | +0.8% |
| Equity | 10/15 | €148,796 | €136,852 | -€11,944 | -8.0% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €129,575 | €117,631 | -€11,944 | -9.2% |
| Distributable reserves | 133 | €129,575 | €117,631 | -€11,944 | -9.2% |
| Profit (loss) carried forward | 14 | €629 | €629 | +€0 | 0.0% |
| Amounts payable | 17/49 | €19,783 | €33,038 | +€13,254 | +67.0% |
| Amounts payable within one year | 42/48 | €19,783 | €33,038 | +€13,254 | +67.0% |
| Financial debts | 43 | €2,518 | €2,688 | +€170 | +6.8% |
| Credit institutions | 430/8 | €2,518 | €2,688 | +€170 | +6.8% |
| Trade debts | 44 | €1,891 | €367 | -€1,524 | -80.6% |
| Suppliers | 440/4 | €1,891 | €367 | -€1,524 | -80.6% |
| Taxes, remuneration and social security | 45 | €1,273 | €7,082 | +€5,809 | +456% |
| Taxes | 450/3 | €1,273 | €7,082 | +€5,809 | +456% |
| Other amounts payable | 47/48 | €14,101 | €22,900 | +€8,799 | +62.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,849 | €6,083 | +€235 | +4.0% |
| Other operating charges | 640/8 | €1,721 | €4,671 | +€2,950 | +171% |
| Gross operating margin | 9900 | €21,776 | €45,720 | +€23,944 | +110% |
| Operating profit (loss) | 9901 | €14,207 | €34,966 | +€20,760 | +146% |
| Financial income | 75/76B | €15 | €0 | -€15 | -99.9% |
| Recurring financial income | 75 | €15 | €0 | -€15 | -99.9% |
| Financial charges | 65/66B | €428 | €421 | -€7 | -1.6% |
| Recurring financial charges | 65 | €428 | €421 | -€7 | -1.6% |
| Profit (loss) for the period before taxes | 9903 | €13,793 | €34,546 | +€20,752 | +150% |
| Income taxes | 67/77 | €3,774 | €11,240 | +€7,466 | +198% |
| Profit (loss) for the period | 9904 | €10,020 | €23,306 | +€13,286 | +133% |
| Profit (loss) for the period to be appropriated | 9905 | €10,020 | €23,306 | +€13,286 | +133% |
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 24 October 2026 via checked.be.