GARAGE PALERMO: what changed
What changed
GARAGE PALERMO
NACE 95.311, General maintenance and repair of cars and light vans (up to 3.5 tonnes)
filed annual accounts (NBB)
Net result for the year
€247,146
2024 · €149,040+€98,105
Equity
€2.2m
2024 · €2.0m+€247,146
Cash
€517,067
2024 · €601,540-€84,473
Balance sheet total
€2.9m
2024 · €2.7m+€182,011
Largest movements
Assets
- Stocks and contracts +€426,653
up €426,653 (+28.4%), from €1.5m to €1.9m
- Receivables within one year -€123,739
down €123,739 (-60.0%), from €206,327 to €82,589
of which Other amounts receivable: -€70,000
- Cash -€84,473
down €84,473 (-14.0%), from €601,540 to €517,067
mainly Stocks and contracts (-€426,653) and Advances received (-€51,100)
- Tangible fixed assets -€50,031
down €50,031 (-13.5%), from €370,996 to €320,965
of which Land and buildings: -€40,211
Equity and liabilities
- Reserves +€247,146
up €247,146 (+12.8%), from €1.9m to €2.2m
of which Distributable reserves: +€258,415
- Advances received -€51,100
down €51,100 (-99.5%), from €51,350 to €250
Income statement
- Provisions -€66,879
down €66,879 (-80.4%), from €83,150 to €16,271
- Financial charges -€34,256
down €34,256 (-56.0%), from €61,194 to €26,938
- Gross operating margin +€31,001
up €31,001 (+5.0%), from €623,243 to €654,244
- Taxes +€28,753
up €28,753 (+31.1%), from €92,366 to €121,119
- Staff costs +€23,005
up €23,005 (+17.3%), from €133,015 to €156,020
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
€149,040
Gross operating margin
+€31,001
Staff costs
-€23,005
Depreciation
-€3,071
Write-downs
+€22,031
Provisions
+€66,879
Other operating charges
-€7,223
Financial income
-€223
Financial charges
+€34,256
Taxes
-€28,753
Deferred taxes and other
+€6,213
Result 2025
€247,146
raises the resultlowers the resultnot broken down further in the accounts
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
-€63,634
Investment
-€20,840
Financing
€0
Cash 2024
€601,540
From operations (derived)
-€63,634
Net result for the year
+€247,146
Depreciation
+€70,871
Stocks and contracts
-€426,653
Receivables within one year
+€123,739
Deferred charges and accrued income
-€13,601
Provisions
+€10,057
Trade debts
-€8,765
Tax, wage and social debts
-€20,364
Advances received
-€51,100
Other debts
+€6,605
Accrued charges and deferred income
-€1,569
Investment (derived)
-€20,840
Investment in fixed assets (net)
-€20,840
Cash 2025
€517,067
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €2,694,523 | €2,876,533 | +€182,011 | +6.8% |
| Fixed assets | 21/28 | €377,339 | €327,308 | -€50,031 | -13.3% |
| Tangible fixed assets | 22/27 | €370,996 | €320,965 | -€50,031 | -13.5% |
| Land and buildings | 22 | €335,256 | €295,045 | -€40,211 | -12.0% |
| Plant, machinery and equipment | 23 | €25,337 | €17,713 | -€7,624 | -30.1% |
| Furniture and vehicles | 24 | €10,403 | €8,207 | -€2,196 | -21.1% |
| Financial fixed assets | 28 | €6,343 | €6,343 | = | 0.0% |
| Current assets | 29/58 | €2,317,184 | €2,549,226 | +€232,042 | +10.0% |
| Stocks and contracts in progress | 3 | €1,502,699 | €1,929,352 | +€426,653 | +28.4% |
| Stocks | 30/36 | €1,502,699 | €1,929,352 | +€426,653 | +28.4% |
| Amounts receivable within one year | 40/41 | €206,327 | €82,589 | -€123,739 | -60.0% |
| Trade receivables | 40 | €135,857 | €82,118 | -€53,739 | -39.6% |
| Other amounts receivable | 41 | €70,470 | €470 | -€70,000 | -99.3% |
| Current investments | 50/53 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €601,540 | €517,067 | -€84,473 | -14.0% |
| Deferred charges and accrued income | 490/1 | €6,617 | €20,218 | +€13,601 | +206% |
| Total equity and liabilities | 10/49 | €2,694,523 | €2,876,533 | +€182,011 | +6.8% |
| Equity | 10/15 | €1,976,901 | €2,224,047 | +€247,146 | +12.5% |
| Contributions | 10/11 | €19,831 | €19,831 | = | 0.0% |
| Reserves | 13 | €1,924,873 | €2,172,019 | +€247,146 | +12.8% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Tax-exempt reserves | 132 | €93,845 | €82,576 | -€11,269 | -12.0% |
| Distributable reserves | 133 | €1,831,028 | €2,089,443 | +€258,415 | +14.1% |
| Profit (loss) carried forward | 14 | €32,196 | €32,196 | = | 0.0% |
| Provisions and deferred taxes | 16 | €114,216 | €124,273 | +€10,057 | +8.8% |
| Provisions for liabilities and charges | 160/5 | €83,150 | €99,420 | +€16,271 | +19.6% |
| Other liabilities and charges | 164/5 | €83,150 | €99,420 | +€16,271 | +19.6% |
| Deferred taxes | 168 | €31,066 | €24,853 | -€6,213 | -20.0% |
| Amounts payable | 17/49 | €603,405 | €528,213 | -€75,192 | -12.5% |
| Amounts payable within one year | 42/48 | €570,030 | €496,407 | -€73,624 | -12.9% |
| Financial debts | 43 | €0 | - | = | |
| Credit institutions | 430/8 | €0 | - | = | |
| Trade debts | 44 | €40,803 | €32,038 | -€8,765 | -21.5% |
| Suppliers | 440/4 | €40,803 | €32,038 | -€8,765 | -21.5% |
| Advances received on contracts in progress | 46 | €51,350 | €250 | -€51,100 | -99.5% |
| Taxes, remuneration and social security | 45 | €126,552 | €106,189 | -€20,364 | -16.1% |
| Taxes | 450/3 | €108,733 | €90,133 | -€18,600 | -17.1% |
| Remuneration and social security | 454/9 | €17,819 | €16,056 | -€1,764 | -9.9% |
| Other amounts payable | 47/48 | €351,325 | €357,930 | +€6,605 | +1.9% |
| Accrued charges and deferred income | 492/3 | €33,375 | €31,806 | -€1,569 | -4.7% |
| Non-recurring operating income | 76A | €11,358 | €0 | -€11,358 | -100% |
| Remuneration, social security and pensions | 62 | €133,015 | €156,020 | +€23,005 | +17.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €67,800 | €70,871 | +€3,071 | +4.5% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €14,790 | -€7,240 | -€22,031 | |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | €83,150 | €16,271 | -€66,879 | -80.4% |
| Other operating charges | 640/8 | €22,369 | €29,592 | +€7,223 | +32.3% |
| Gross operating margin | 9900 | €623,243 | €654,244 | +€31,001 | +5.0% |
| Operating profit (loss) | 9901 | €302,119 | €388,732 | +€86,612 | +28.7% |
| Financial income | 75/76B | €481 | €258 | -€223 | -46.4% |
| Recurring financial income | 75 | €481 | €258 | -€223 | -46.4% |
| Financial charges | 65/66B | €61,194 | €26,938 | -€34,256 | -56.0% |
| Recurring financial charges | 65 | €61,194 | €26,938 | -€34,256 | -56.0% |
| Profit (loss) for the period before taxes | 9903 | €241,407 | €362,052 | +€120,645 | +50.0% |
| Transfer from deferred taxes | 780 | €0 | €6,213 | +€6,213 | |
| Income taxes | 67/77 | €92,366 | €121,119 | +€28,753 | +31.1% |
| Profit (loss) for the period | 9904 | €149,040 | €247,146 | +€98,105 | +65.8% |
| Transfer from tax-exempt reserves | 789 | €17,482 | €11,269 | -€6,213 | -35.5% |
| Profit (loss) for the period to be appropriated | 9905 | €166,523 | €258,415 | +€91,892 | +55.2% |
Next steps
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 1 November 2026 via checked.be.