GARAGE PAULUS: 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 PAULUS
Largest movements
- Stocks and contracts +€49,628
up €49,628 (+114%), from €43,716 to €93,344
- Receivables within one year -€46,910
down €46,910 (-26.0%), from €180,674 to €133,765
of which Trade receivables: -€34,183
- Cash -€46,198
down €46,198 (-33.8%), from €136,743 to €90,544
mainly Trade debts (-€75,061) and Stocks and contracts (-€49,628)
- Trade debts -€75,061
down €75,061 (-99.3%), from €75,625 to €564
- Reserves +€24,270
up €24,270 (+11.0%), from €221,039 to €245,309
of which Distributable reserves: +€26,129
- Tax, wage and social debts +€11,951
up €11,951 (+200%), from €5,962 to €17,913
- Gross operating margin +€10,439
up €10,439 (+30.0%), from €34,831 to €45,270
- Other operating charges +€4,025
up €4,025 (+127%), from €3,170 to €7,195
- Financial charges +€2,913
up €2,913 (+383%), from €760 to €3,673
- Financial income +€2,008
new in 2025: €2,008
- Taxes -€890
down €890 (-6.8%), from €13,023 to €12,133
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 | €361,133 | €319,415 | -€41,718 | -11.6% |
| Current assets | 29/58 | €361,133 | €319,415 | -€41,718 | -11.6% |
| Stocks and contracts in progress | 3 | €43,716 | €93,344 | +€49,628 | +114% |
| Stocks | 30/36 | €43,716 | €93,344 | +€49,628 | +114% |
| Amounts receivable within one year | 40/41 | €180,674 | €133,765 | -€46,910 | -26.0% |
| Trade receivables | 40 | €142,613 | €108,430 | -€34,183 | -24.0% |
| Other amounts receivable | 41 | €38,062 | €25,335 | -€12,727 | -33.4% |
| Cash at bank and in hand | 54/58 | €136,743 | €90,544 | -€46,198 | -33.8% |
| Deferred charges and accrued income | 490/1 | - | €1,762 | +€1,762 | |
| Total equity and liabilities | 10/49 | €361,133 | €319,415 | -€41,718 | -11.6% |
| Equity | 10/15 | €239,639 | €263,915 | +€24,276 | +10.1% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €221,039 | €245,309 | +€24,270 | +11.0% |
| Non-distributable reserves | 130/1 | €1,859 | €0 | -€1,859 | -100% |
| Reserves not available under the articles | 1311 | €1,859 | €0 | -€1,859 | -100% |
| Distributable reserves | 133 | €219,180 | €245,309 | +€26,129 | +11.9% |
| Profit (loss) carried forward | 14 | €7 | €14 | +€6 | +83.3% |
| Amounts payable | 17/49 | €121,494 | €55,500 | -€65,994 | -54.3% |
| Amounts payable within one year | 42/48 | €121,494 | €55,500 | -€65,994 | -54.3% |
| Trade debts | 44 | €75,625 | €564 | -€75,061 | -99.3% |
| Suppliers | 440/4 | €75,625 | €564 | -€75,061 | -99.3% |
| Taxes, remuneration and social security | 45 | €5,962 | €17,913 | +€11,951 | +200% |
| Taxes | 450/3 | €5,962 | €17,913 | +€11,951 | +200% |
| Other amounts payable | 47/48 | €39,908 | €37,024 | -€2,884 | -7.2% |
| Other operating charges | 640/8 | €3,170 | €7,195 | +€4,025 | +127% |
| Gross operating margin | 9900 | €34,831 | €45,270 | +€10,439 | +30.0% |
| Operating profit (loss) | 9901 | €31,660 | €38,075 | +€6,415 | +20.3% |
| Financial income | 75/76B | - | €2,008 | +€2,008 | |
| Recurring financial income | 75 | - | €2,008 | +€2,008 | |
| Financial charges | 65/66B | €760 | €3,673 | +€2,913 | +383% |
| Recurring financial charges | 65 | €760 | €3,673 | +€2,913 | +383% |
| Profit (loss) for the period before taxes | 9903 | €30,900 | €36,410 | +€5,509 | +17.8% |
| Income taxes | 67/77 | €13,023 | €12,133 | -€890 | -6.8% |
| Profit (loss) for the period | 9904 | €17,877 | €24,276 | +€6,399 | +35.8% |
| Profit (loss) for the period to be appropriated | 9905 | €17,877 | €24,276 | +€6,399 | +35.8% |
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 29 October 2026 via checked.be.