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
- Receivables within one year +€29,697
up €29,697 (+26.5%), from €112,177 to €141,874
- Deferred charges and accrued income -€18,884
no longer reported in 2025 (was €18,884)
- Tangible fixed assets -€12,254
down €12,254 (-22.5%), from €54,388 to €42,134
of which Furniture and vehicles: -€11,536
- Stocks and contracts -€9,965
no longer reported in 2025 (was €9,965)
- Cash -€7,088
down €7,088 (-45.4%), from €15,608 to €8,520
mainly Receivables within one year (-€29,697) and Tax, wage and social debts (-€9,370)
- Tax, wage and social debts -€9,370
down €9,370 (-38.1%), from €24,581 to €15,210
- Trade debts -€9,349
down €9,349 (-44.8%), from €20,849 to €11,500
- Gross operating margin -€46,402
down €46,402 (-67.0%), from €69,264 to €22,862
- Write-downs -€15,000
no longer reported in 2025 (was €15,000)
- Taxes -€7,886
down €7,886 (-95.8%), from €8,232 to €346
- Depreciation -€916
down €916 (-4.9%), from €18,615 to €17,699
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 | €211,021 | €192,528 | -€18,493 | -8.8% |
| Fixed assets | 21/28 | €54,388 | €42,134 | -€12,254 | -22.5% |
| Tangible fixed assets | 22/27 | €54,388 | €42,134 | -€12,254 | -22.5% |
| Land and buildings | 22 | €11,186 | €11,188 | +€2 | 0.0% |
| Plant, machinery and equipment | 23 | €4,610 | €3,890 | -€720 | -15.6% |
| Furniture and vehicles | 24 | €38,592 | €27,056 | -€11,536 | -29.9% |
| Current assets | 29/58 | €156,633 | €150,394 | -€6,240 | -4.0% |
| Stocks and contracts in progress | 3 | €9,965 | - | -€9,965 | |
| Stocks | 30/36 | €9,965 | - | -€9,965 | |
| Amounts receivable within one year | 40/41 | €112,177 | €141,874 | +€29,697 | +26.5% |
| Trade receivables | 40 | €112,177 | €141,874 | +€29,697 | +26.5% |
| Cash at bank and in hand | 54/58 | €15,608 | €8,520 | -€7,088 | -45.4% |
| Deferred charges and accrued income | 490/1 | €18,884 | - | -€18,884 | |
| Total equity and liabilities | 10/49 | €211,021 | €192,528 | -€18,493 | -8.8% |
| Equity | 10/15 | -€20,611 | -€19,370 | +€1,241 | +6.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €6,860 | €6,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€46,071 | -€44,830 | +€1,241 | +2.7% |
| Amounts payable | 17/49 | €231,632 | €211,898 | -€19,735 | -8.5% |
| Amounts payable after more than one year | 17 | €76,000 | €76,000 | = | 0.0% |
| Financial debts | 170/4 | €76,000 | €76,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €154,688 | €135,898 | -€18,790 | -12.1% |
| Trade debts | 44 | €20,849 | €11,500 | -€9,349 | -44.8% |
| Suppliers | 440/4 | €20,849 | €11,500 | -€9,349 | -44.8% |
| Taxes, remuneration and social security | 45 | €24,581 | €15,210 | -€9,370 | -38.1% |
| Taxes | 450/3 | €24,581 | €15,210 | -€9,370 | -38.1% |
| Other amounts payable | 47/48 | €109,257 | €109,187 | -€71 | -0.1% |
| Accrued charges and deferred income | 492/3 | €945 | - | -€945 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €18,615 | €17,699 | -€916 | -4.9% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €15,000 | - | -€15,000 | |
| Gross operating margin | 9900 | €69,264 | €22,862 | -€46,402 | -67.0% |
| Operating profit (loss) | 9901 | €35,649 | €5,163 | -€30,486 | -85.5% |
| Financial income | 75/76B | €0 | €4 | +€3 | +810% |
| Recurring financial income | 75 | €0 | €4 | +€3 | +810% |
| Financial charges | 65/66B | €3,345 | €3,580 | +€235 | +7.0% |
| Recurring financial charges | 65 | €3,345 | €3,580 | +€235 | +7.0% |
| Profit (loss) for the period before taxes | 9903 | €32,305 | €1,587 | -€30,718 | -95.1% |
| Income taxes | 67/77 | €8,232 | €346 | -€7,886 | -95.8% |
| Profit (loss) for the period | 9904 | €24,073 | €1,241 | -€22,831 | -94.8% |
| Profit (loss) for the period to be appropriated | 9905 | €24,073 | €1,241 | -€22,831 | -94.8% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 26 October 2026 via checked.be.