GARAGE MARC: 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 MARC
Largest movements
- Current investments -€39,839
down €39,839 (-84.4%), from €47,189 to €7,350
- Tangible fixed assets +€38,775
up €38,775 (+28.0%), from €138,380 to €177,154
of which Land and buildings: +€42,835
- Receivables within one year -€9,801
down €9,801 (-42.0%), from €23,318 to €13,517
of which Trade receivables: -€7,934
- Cash +€8,732
up €8,732 (+17.7%), from €49,335 to €58,067
mainly Current investments (+€39,839) and Net result for the year (+€31,954)
- Accrued charges and deferred income -€38,466
down €38,466 (-97.8%), from €39,321 to €855
- Reserves +€31,500
up €31,500 (+25.3%), from €124,415 to €155,915
of which Distributable reserves: +€31,500
- Other debts +€11,071
up €11,071 (+890%), from €1,244 to €12,315
- Tax, wage and social debts -€5,797
down €5,797 (-18.6%), from €31,084 to €25,287
of which Taxes: -€4,265
- Staff costs +€11,831
up €11,831 (+18.3%), from €64,507 to €76,338
- Gross operating margin +€4,090
up €4,090 (+2.8%), from €144,366 to €148,456
- Taxes -€3,459
down €3,459 (-18.6%), from €18,599 to €15,140
- Depreciation +€2,071
up €2,071 (+15.9%), from €13,026 to €15,097
- Financial charges -€1,507
down €1,507 (-29.1%), from €5,182 to €3,675
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 | €262,584 | €262,608 | +€24 | 0.0% |
| Fixed assets | 21/28 | €138,380 | €177,154 | +€38,775 | +28.0% |
| Tangible fixed assets | 22/27 | €138,380 | €177,154 | +€38,775 | +28.0% |
| Land and buildings | 22 | €121,220 | €164,056 | +€42,835 | +35.3% |
| Plant, machinery and equipment | 23 | €13,099 | €10,141 | -€2,958 | -22.6% |
| Furniture and vehicles | 24 | €4,060 | €2,958 | -€1,102 | -27.2% |
| Current assets | 29/58 | €124,205 | €85,454 | -€38,751 | -31.2% |
| Stocks and contracts in progress | 3 | €2,971 | €5,307 | +€2,336 | +78.6% |
| Stocks | 30/36 | €2,971 | €5,307 | +€2,336 | +78.6% |
| Amounts receivable within one year | 40/41 | €23,318 | €13,517 | -€9,801 | -42.0% |
| Trade receivables | 40 | €21,450 | €13,517 | -€7,934 | -37.0% |
| Other amounts receivable | 41 | €1,868 | - | -€1,868 | |
| Current investments | 50/53 | €47,189 | €7,350 | -€39,839 | -84.4% |
| Cash at bank and in hand | 54/58 | €49,335 | €58,067 | +€8,732 | +17.7% |
| Deferred charges and accrued income | 490/1 | €1,392 | €1,214 | -€178 | -12.8% |
| Total equity and liabilities | 10/49 | €262,584 | €262,608 | +€24 | 0.0% |
| Equity | 10/15 | €168,911 | €200,865 | +€31,954 | +18.9% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €124,415 | €155,915 | +€31,500 | +25.3% |
| 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 | €122,555 | €154,055 | +€31,500 | +25.7% |
| Profit (loss) carried forward | 14 | €25,896 | €26,350 | +€454 | +1.8% |
| Amounts payable | 17/49 | €93,673 | €61,743 | -€31,930 | -34.1% |
| Amounts payable within one year | 42/48 | €54,352 | €60,888 | +€6,536 | +12.0% |
| Trade debts | 44 | €22,024 | €23,286 | +€1,262 | +5.7% |
| Suppliers | 440/4 | €22,024 | €23,286 | +€1,262 | +5.7% |
| Taxes, remuneration and social security | 45 | €31,084 | €25,287 | -€5,797 | -18.6% |
| Taxes | 450/3 | €22,479 | €18,215 | -€4,265 | -19.0% |
| Remuneration and social security | 454/9 | €8,605 | €7,073 | -€1,532 | -17.8% |
| Other amounts payable | 47/48 | €1,244 | €12,315 | +€11,071 | +890% |
| Accrued charges and deferred income | 492/3 | €39,321 | €855 | -€38,466 | -97.8% |
| Non-recurring operating income | 76A | €1,344 | - | -€1,344 | |
| Remuneration, social security and pensions | 62 | €64,507 | €76,338 | +€11,831 | +18.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,026 | €15,097 | +€2,071 | +15.9% |
| Other operating charges | 640/8 | €5,476 | €6,808 | +€1,331 | +24.3% |
| Gross operating margin | 9900 | €144,366 | €148,456 | +€4,090 | +2.8% |
| Operating profit (loss) | 9901 | €61,356 | €50,214 | -€11,143 | -18.2% |
| Financial income | 75/76B | €361 | €554 | +€193 | +53.6% |
| Recurring financial income | 75 | €361 | €554 | +€193 | +53.6% |
| Financial charges | 65/66B | €5,182 | €3,675 | -€1,507 | -29.1% |
| Recurring financial charges | 65 | €5,182 | €3,675 | -€1,507 | -29.1% |
| Profit (loss) for the period before taxes | 9903 | €56,535 | €47,093 | -€9,442 | -16.7% |
| Income taxes | 67/77 | €18,599 | €15,140 | -€3,459 | -18.6% |
| Profit (loss) for the period | 9904 | €37,937 | €31,954 | -€5,983 | -15.8% |
| Profit (loss) for the period to be appropriated | 9905 | €37,937 | €31,954 | -€5,983 | -15.8% |
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 17 October 2026 via checked.be.