GARAGE PATRICK MEULEMANS: 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 MEULEMANS
Largest movements
- Stocks and contracts -€4,589
down €4,589 (-60.7%), from €7,557 to €2,968
- Cash -€2,853
down €2,853 (-10.2%), from €27,956 to €25,103
mainly Accrued charges and deferred income (-€4,779) and Tax, wage and social debts (-€4,614)
- Tangible fixed assets -€2,795
down €2,795 (-42.5%), from €6,580 to €3,785
of which Land and buildings: -€1,915
- Receivables within one year +€1,957
up €1,957 (+22.8%), from €8,587 to €10,544
of which Other amounts receivable: +€8,109
- Accrued charges and deferred income -€4,779
down €4,779 (-100%), from €4,779 to €0
- Tax, wage and social debts -€4,614
down €4,614 (-100%), from €4,614 to €0
of which Remuneration and social security: -€4,614
- Profit (loss) carried forward +€1,412
up €1,412 (+3.5%), from -€39,844 to -€38,433
- Staff costs -€28,876
down €28,876, from €24,574 to -€4,302
- Gross operating margin -€19,632
down €19,632 (-89.4%), from €21,952 to €2,320
- Depreciation +€1,875
up €1,875 (+204%), from €919 to €2,795
- Other operating charges -€614
down €614 (-26.6%), from €2,305 to €1,691
- Financial income +€324
up €324 (+2,350%), from €14 to €338
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 | €50,742 | €42,462 | -€8,280 | -16.3% |
| Fixed assets | 21/28 | €6,642 | €3,847 | -€2,795 | -42.1% |
| Tangible fixed assets | 22/27 | €6,580 | €3,785 | -€2,795 | -42.5% |
| Land and buildings | 22 | €4,379 | €2,463 | -€1,915 | -43.7% |
| Furniture and vehicles | 24 | €2,201 | €1,322 | -€879 | -40.0% |
| Financial fixed assets | 28 | €62 | €62 | = | 0.0% |
| Current assets | 29/58 | €44,100 | €38,615 | -€5,485 | -12.4% |
| Stocks and contracts in progress | 3 | €7,557 | €2,968 | -€4,589 | -60.7% |
| Stocks | 30/36 | €7,557 | €2,968 | -€4,589 | -60.7% |
| Amounts receivable within one year | 40/41 | €8,587 | €10,544 | +€1,957 | +22.8% |
| Trade receivables | 40 | €6,152 | €0 | -€6,152 | -100% |
| Other amounts receivable | 41 | €2,435 | €10,544 | +€8,109 | +333% |
| Cash at bank and in hand | 54/58 | €27,956 | €25,103 | -€2,853 | -10.2% |
| Deferred charges and accrued income | 490/1 | €0 | - | = | |
| Total equity and liabilities | 10/49 | €50,742 | €42,462 | -€8,280 | -16.3% |
| Equity | 10/15 | €33,024 | €34,435 | +€1,412 | +4.3% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €54,276 | €54,276 | = | 0.0% |
| Non-distributable reserves | 130/1 | €26,474 | €26,474 | = | 0.0% |
| Reserves not available under the articles | 1311 | €26,474 | €26,474 | = | 0.0% |
| Distributable reserves | 133 | €27,802 | €27,802 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€39,844 | -€38,433 | +€1,412 | +3.5% |
| Amounts payable | 17/49 | €17,718 | €8,026 | -€9,691 | -54.7% |
| Amounts payable within one year | 42/48 | €12,939 | €8,026 | -€4,912 | -38.0% |
| Trade debts | 44 | €349 | €0 | -€349 | -100% |
| Suppliers | 440/4 | €349 | €0 | -€349 | -100% |
| Taxes, remuneration and social security | 45 | €4,614 | €0 | -€4,614 | -100% |
| Taxes | 450/3 | €0 | - | = | |
| Remuneration and social security | 454/9 | €4,614 | €0 | -€4,614 | -100% |
| Other amounts payable | 47/48 | €7,976 | €8,026 | +€51 | +0.6% |
| Accrued charges and deferred income | 492/3 | €4,779 | €0 | -€4,779 | -100% |
| Remuneration, social security and pensions | 62 | €24,574 | -€4,302 | -€28,876 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €919 | €2,795 | +€1,875 | +204% |
| Other operating charges | 640/8 | €2,305 | €1,691 | -€614 | -26.6% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | €21,952 | €2,320 | -€19,632 | -89.4% |
| Operating profit (loss) | 9901 | -€5,846 | €2,137 | +€7,983 | |
| Financial income | 75/76B | €14 | €338 | +€324 | +2,350% |
| Recurring financial income | 75 | €14 | €338 | +€324 | +2,350% |
| Financial charges | 65/66B | €374 | €563 | +€189 | +50.7% |
| Recurring financial charges | 65 | €374 | €563 | +€189 | +50.7% |
| Profit (loss) for the period before taxes | 9903 | -€6,206 | €1,912 | +€8,117 | |
| Income taxes | 67/77 | €203 | €500 | +€297 | +146% |
| Profit (loss) for the period | 9904 | -€6,409 | €1,412 | +€7,820 | |
| Profit (loss) for the period to be appropriated | 9905 | -€6,409 | €1,412 | +€7,820 |
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 23 October 2026 via checked.be.