GARAGE PATRICK: 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 PATRICK
Largest movements
- Cash +€31,586
up €31,586 (+52.8%), from €59,862 to €91,447
mainly Net result for the year (+€42,884) and Depreciation (+€19,562)
- Tangible fixed assets -€15,772
down €15,772 (-7.6%), from €208,489 to €192,717
of which Land and buildings: -€10,715
- Receivables within one year -€12,451
down €12,451 (-19.0%), from €65,461 to €53,010
of which Trade receivables: -€13,129
- Stocks and contracts +€11,041
up €11,041 (+20.1%), from €54,959 to €66,000
- Reserves +€33,884
up €33,884 (+45.6%), from €74,354 to €108,238
of which Distributable reserves: +€33,884
- Debts after one year -€24,651
down €24,651 (-14.0%), from €175,747 to €151,095
- Other debts +€9,315
new in 2025: €9,315
- Trade debts -€5,906
down €5,906 (-14.3%), from €41,345 to €35,439
- Gross operating margin +€54,510
up €54,510 (+26.5%), from €205,471 to €259,981
- Other operating charges -€19,594
down €19,594 (-74.3%), from €26,387 to €6,792
- Taxes +€12,233
up €12,233 (+586%), from €2,089 to €14,323
- Staff costs +€7,712
up €7,712 (+4.8%), from €161,323 to €169,035
- Depreciation +€7,531
up €7,531 (+62.6%), from €12,030 to €19,562
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 | €395,001 | €410,394 | +€15,392 | +3.9% |
| Fixed assets | 21/28 | €209,149 | €193,137 | -€16,012 | -7.7% |
| Intangible fixed assets | 21 | €660 | €420 | -€240 | -36.4% |
| Tangible fixed assets | 22/27 | €208,489 | €192,717 | -€15,772 | -7.6% |
| Land and buildings | 22 | €197,776 | €187,061 | -€10,715 | -5.4% |
| Plant, machinery and equipment | 23 | €1,312 | €3,314 | +€2,001 | +153% |
| Furniture and vehicles | 24 | €9,400 | €2,342 | -€7,058 | -75.1% |
| Current assets | 29/58 | €185,853 | €217,257 | +€31,404 | +16.9% |
| Stocks and contracts in progress | 3 | €54,959 | €66,000 | +€11,041 | +20.1% |
| Stocks | 30/36 | €54,959 | €66,000 | +€11,041 | +20.1% |
| Amounts receivable within one year | 40/41 | €65,461 | €53,010 | -€12,451 | -19.0% |
| Trade receivables | 40 | €60,545 | €47,416 | -€13,129 | -21.7% |
| Other amounts receivable | 41 | €4,916 | €5,594 | +€677 | +13.8% |
| Cash at bank and in hand | 54/58 | €59,862 | €91,447 | +€31,586 | +52.8% |
| Deferred charges and accrued income | 490/1 | €5,571 | €6,799 | +€1,228 | +22.1% |
| Total equity and liabilities | 10/49 | €395,001 | €410,394 | +€15,392 | +3.9% |
| Equity | 10/15 | €130,604 | €164,488 | +€33,884 | +25.9% |
| Contributions | 10/11 | €56,250 | €56,250 | = | 0.0% |
| Reserves | 13 | €74,354 | €108,238 | +€33,884 | +45.6% |
| Non-distributable reserves | 130/1 | €4,511 | €4,511 | = | 0.0% |
| Reserves not available under the articles | 1311 | €4,511 | €4,511 | = | 0.0% |
| Tax-exempt reserves | 132 | €5,073 | €5,073 | = | 0.0% |
| Distributable reserves | 133 | €64,770 | €98,654 | +€33,884 | +52.3% |
| Amounts payable | 17/49 | €264,397 | €245,906 | -€18,491 | -7.0% |
| Amounts payable after more than one year | 17 | €175,747 | €151,095 | -€24,651 | -14.0% |
| Financial debts | 170/4 | €175,747 | €151,095 | -€24,651 | -14.0% |
| Amounts payable within one year | 42/48 | €88,651 | €92,305 | +€3,654 | +4.1% |
| Current portion of amounts payable after more than one year | 42 | €15,987 | €16,591 | +€604 | +3.8% |
| Trade debts | 44 | €41,345 | €35,439 | -€5,906 | -14.3% |
| Suppliers | 440/4 | €41,345 | €35,439 | -€5,906 | -14.3% |
| Advances received on contracts in progress | 46 | €205 | - | -€205 | |
| Taxes, remuneration and social security | 45 | €31,114 | €30,959 | -€155 | -0.5% |
| Taxes | 450/3 | €15,543 | €16,013 | +€470 | +3.0% |
| Remuneration and social security | 454/9 | €15,571 | €14,947 | -€625 | -4.0% |
| Other amounts payable | 47/48 | - | €9,315 | +€9,315 | |
| Accrued charges and deferred income | 492/3 | - | €2,506 | +€2,506 | |
| Remuneration, social security and pensions | 62 | €161,323 | €169,035 | +€7,712 | +4.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,030 | €19,562 | +€7,531 | +62.6% |
| Other operating charges | 640/8 | €26,387 | €6,792 | -€19,594 | -74.3% |
| Gross operating margin | 9900 | €205,471 | €259,981 | +€54,510 | +26.5% |
| Operating profit (loss) | 9901 | €5,731 | €64,592 | +€58,861 | +1,027% |
| Financial income | 75/76B | €0 | €43 | +€43 | +53,263% |
| Recurring financial income | 75 | €0 | €43 | +€43 | +53,263% |
| Financial charges | 65/66B | €1,591 | €7,428 | +€5,837 | +367% |
| Recurring financial charges | 65 | €1,591 | €7,428 | +€5,837 | +367% |
| Profit (loss) for the period before taxes | 9903 | €4,140 | €57,207 | +€53,067 | +1,282% |
| Income taxes | 67/77 | €2,089 | €14,323 | +€12,233 | +586% |
| Profit (loss) for the period | 9904 | €2,051 | €42,884 | +€40,833 | +1,991% |
| Profit (loss) for the period to be appropriated | 9905 | €2,051 | €42,884 | +€40,833 | +1,991% |
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 16 October 2026 via checked.be.