GARAGE PATRICK PETIT & ZN: what changed
What changed
GARAGE PATRICK PETIT & ZN
NACE 47.811, Retail sale of cars and light vans (up to 3.5 tonnes)
filed annual accounts (NBB)
Net result for the year
€496,976
2024 · €522,393-€25,417
Equity
€2.9m
2024 · €2.4m+€495,310
Cash
€886,820
2024 · €680,595+€206,225
Balance sheet total
€3.7m
2024 · €3.0m+€677,385
Largest movements
Assets
- Receivables within one year +€303,402
up €303,402 (+266%), from €114,108 to €417,510
of which Trade receivables: +€301,312
- Cash +€206,225
up €206,225 (+30.3%), from €680,595 to €886,820
mainly Net result for the year (+€496,976) and Advances received (+€122,450)
- Stocks and contracts +€132,885
up €132,885 (+8.8%), from €1.5m to €1.6m
- Current investments +€70,000
new in 2025: €70,000
Equity and liabilities
- Reserves +€495,310
up €495,310 (+21.0%), from €2.4m to €2.9m
- Advances received +€122,450
new in 2025: €122,450
- Tax, wage and social debts +€96,454
up €96,454 (+146%), from €65,917 to €162,370
of which Taxes: +€96,293
- Debts after one year -€58,781
down €58,781 (-17.2%), from €341,860 to €283,079
of which Financial debts: -€58,781
Income statement
- Staff costs +€36,062
up €36,062 (+63.8%), from €56,491 to €92,552
- Gross operating margin -€34,568
down €34,568 (-3.7%), from €930,725 to €896,157
- Write-downs -€31,386
down €31,386, from €24,857 to -€6,529
- Other operating charges -€12,878
down €12,878 (-53.0%), from €24,305 to €11,427
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
€522,393
Gross operating margin
-€34,568
Staff costs
-€36,062
Depreciation
-€5,871
Write-downs
+€31,386
Other operating charges
+€12,878
Financial income
-€2,400
Financial charges
+€1,715
Taxes
+€7,504
Result 2025
€496,976
raises the resultlowers the result
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
+€352,373
Investment
-€86,467
Financing
-€59,681
Cash 2024
€680,595
From operations (derived)
+€352,373
Net result for the year
+€496,976
Depreciation
+€52,184
Stocks and contracts
-€132,885
Receivables within one year
-€303,402
Smaller working-capital items
-€2,106
Tax, wage and social debts
+€96,454
Advances received
+€122,450
Other debts
+€22,703
Investment (derived)
-€86,467
Investment in fixed assets (net)
-€16,467
Current investments
-€70,000
Financing
-€59,681
Debts after one year
-€58,781
Current portion of long-term debt
+€766
Contributions, distributions and other
-€1,666
Cash 2025
€886,820
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €3,018,314 | €3,695,698 | +€677,385 | +22.4% |
| Fixed assets | 21/28 | €711,979 | €676,262 | -€35,717 | -5.0% |
| Tangible fixed assets | 22/27 | €711,699 | €675,983 | -€35,717 | -5.0% |
| Land and buildings | 22 | €616,198 | €588,728 | -€27,470 | -4.5% |
| Plant, machinery and equipment | 23 | €31,136 | €22,830 | -€8,306 | -26.7% |
| Furniture and vehicles | 24 | €15,635 | €13,027 | -€2,608 | -16.7% |
| Other tangible fixed assets | 26 | €48,730 | €51,398 | +€2,667 | +5.5% |
| Financial fixed assets | 28 | €280 | €280 | = | 0.0% |
| Current assets | 29/58 | €2,306,335 | €3,019,436 | +€713,101 | +30.9% |
| Stocks and contracts in progress | 3 | €1,508,908 | €1,641,793 | +€132,885 | +8.8% |
| Stocks | 30/36 | €1,508,908 | €1,641,793 | +€132,885 | +8.8% |
| Amounts receivable within one year | 40/41 | €114,108 | €417,510 | +€303,402 | +266% |
| Trade receivables | 40 | €110,336 | €411,648 | +€301,312 | +273% |
| Other amounts receivable | 41 | €3,772 | €5,862 | +€2,090 | +55.4% |
| Current investments | 50/53 | - | €70,000 | +€70,000 | |
| Cash at bank and in hand | 54/58 | €680,595 | €886,820 | +€206,225 | +30.3% |
| Deferred charges and accrued income | 490/1 | €2,723 | €3,312 | +€589 | +21.6% |
| Total equity and liabilities | 10/49 | €3,018,314 | €3,695,698 | +€677,385 | +22.4% |
| Equity | 10/15 | €2,376,465 | €2,871,775 | +€495,310 | +20.8% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €2,357,865 | €2,853,175 | +€495,310 | +21.0% |
| Distributable reserves | 133 | €2,357,865 | €2,853,175 | +€495,310 | +21.0% |
| Amounts payable | 17/49 | €641,849 | €823,923 | +€182,075 | +28.4% |
| Amounts payable after more than one year | 17 | €341,860 | €283,079 | -€58,781 | -17.2% |
| Financial debts | 170/4 | €291,860 | €233,079 | -€58,781 | -20.1% |
| Other amounts payable | 178/9 | €50,000 | €50,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €283,594 | €525,008 | +€241,413 | +85.1% |
| Current portion of amounts payable after more than one year | 42 | €58,015 | €58,781 | +€766 | +1.3% |
| Trade debts | 44 | €18,464 | €17,505 | -€960 | -5.2% |
| Suppliers | 440/4 | €18,464 | €17,505 | -€960 | -5.2% |
| Advances received on contracts in progress | 46 | - | €122,450 | +€122,450 | |
| Taxes, remuneration and social security | 45 | €65,917 | €162,370 | +€96,454 | +146% |
| Taxes | 450/3 | €58,227 | €154,519 | +€96,293 | +165% |
| Remuneration and social security | 454/9 | €7,690 | €7,851 | +€161 | +2.1% |
| Other amounts payable | 47/48 | €141,198 | €163,902 | +€22,703 | +16.1% |
| Accrued charges and deferred income | 492/3 | €16,395 | €15,837 | -€558 | -3.4% |
| Remuneration, social security and pensions | 62 | €56,491 | €92,552 | +€36,062 | +63.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €46,313 | €52,184 | +€5,871 | +12.7% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €24,857 | -€6,529 | -€31,386 | |
| Other operating charges | 640/8 | €24,305 | €11,427 | -€12,878 | -53.0% |
| Gross operating margin | 9900 | €930,725 | €896,157 | -€34,568 | -3.7% |
| Operating profit (loss) | 9901 | €778,759 | €746,523 | -€32,236 | -4.1% |
| Financial income | 75/76B | €2,779 | €378 | -€2,400 | -86.4% |
| Recurring financial income | 75 | €2,779 | €378 | -€2,400 | -86.4% |
| Financial charges | 65/66B | €20,972 | €19,256 | -€1,715 | -8.2% |
| Recurring financial charges | 65 | €20,972 | €19,256 | -€1,715 | -8.2% |
| Profit (loss) for the period before taxes | 9903 | €760,566 | €727,645 | -€32,922 | -4.3% |
| Income taxes | 67/77 | €238,173 | €230,669 | -€7,504 | -3.2% |
| Profit (loss) for the period | 9904 | €522,393 | €496,976 | -€25,417 | -4.9% |
| Profit (loss) for the period to be appropriated | 9905 | €522,393 | €496,976 | -€25,417 | -4.9% |
Next steps
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 2 November 2026 via checked.be.