GARAGE PEERLINGS: 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.
What changed
GARAGE PEERLINGS
NACE 47.811, Retail sale of cars and light vans (up to 3.5 tonnes)
financial year 2024 against 2025filed annual accounts (NBB)
Net result for the year
-€469,988
2024 · €2,091-€472,079
Equity
€1.5m
2024 · €2.0m-€469,988
Cash
€34,468
2024 · €173,932-€139,464
Balance sheet total
€10.0m
2024 · €14.4m-€4.4m
Largest movements
Assets
- Receivables within one year -€2.0m
down €2.0m (-43.6%), from €4.6m to €2.6m
of which Other amounts receivable: -€2.1m
- Stocks and contracts -€1.9m
down €1.9m (-23.7%), from €8.1m to €6.2m
of which Stocks: -€1.9m
- Tangible fixed assets -€381,820
down €381,820 (-24.7%), from €1.5m to €1.2m
of which Other tangible fixed assets: -€371,826
Equity and liabilities
- Trade debts -€4.3m
down €4.3m (-39.0%), from €11.0m to €6.7m
- Other debts +€519,630
new in 2025: €519,630
- Reserves -€469,988
down €469,988 (-24.7%), from €1.9m to €1.4m
of which Distributable reserves: -€469,988
Income statement
- Turnover -€1.8m
down €1.8m (-7.8%), from €23.5m to €21.7m
- Goods and materials -€1.6m
down €1.6m (-8.0%), from €20.7m to €19.0m
of which Purchases: -€7.2m
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.
Result 2024
€2,091
Turnover
-€1.8m
Other operating income
-€808
Goods and materials
+€1.6m
Services and other goods
-€200,400
Staff costs
-€68,621
Depreciation
+€75,308
Write-downs
-€46,701
Other operating charges
-€1,440
Other operating items
-€26,897
Financial income
-€2,372
Financial charges
-€9,659
Taxes
+€6,733
Result 2025
-€469,988
Cash bridge derived
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.
From operations
-€113,790
Investment
+€71,831
Financing
-€97,505
Cash 2024
€173,932
From operations (derived)
-€113,790
Net result for the year
-€469,988
Depreciation
+€314,948
Stocks and contracts
+€1.9m
Receivables within one year
+€2.0m
Smaller working-capital items
-€5,629
Trade debts
-€4.3m
Tax, wage and social debts
-€23,245
Advances received
-€68,544
Other debts
+€519,630
Investment (derived)
+€71,831
Investment in fixed assets (net)
+€71,831
Financing
-€97,505
Debts after one year
-€81,921
Current portion of long-term debt
-€15,585
Cash 2025
€34,468
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €14,429,125 | €10,011,127 | -€4.4m | -30.6% |
| Fixed assets | 21/28 | €1,592,044 | €1,205,265 | -€386,779 | -24.3% |
| Intangible fixed assets | 21 | €19,835 | €14,876 | -€4,959 | -25.0% |
| Tangible fixed assets | 22/27 | €1,548,291 | €1,166,470 | -€381,820 | -24.7% |
| Land and buildings | 22 | €255,252 | €216,168 | -€39,084 | -15.3% |
| Plant, machinery and equipment | 23 | €41,137 | €41,550 | +€413 | +1.0% |
| Furniture and vehicles | 24 | €172,276 | €96,519 | -€75,757 | -44.0% |
| Other tangible fixed assets | 26 | €1,079,626 | €707,800 | -€371,826 | -34.4% |
| Assets under construction and advance payments | 27 | - | €104,433 | +€104,433 | |
| Financial fixed assets | 28 | €23,919 | €23,919 | = | 0.0% |
| Affiliated companies | 280/1 | €18,700 | €18,700 | = | 0.0% |
| Participating interests | 280 | €18,700 | €18,700 | = | 0.0% |
| Other financial fixed assets | 284/8 | €5,219 | €5,219 | = | 0.0% |
| Amounts receivable and cash guarantees | 285/8 | €5,219 | €5,219 | = | 0.0% |
| Current assets | 29/58 | €12,837,081 | €8,805,862 | -€4.0m | -31.4% |
| Stocks and contracts in progress | 3 | €8,070,971 | €6,161,762 | -€1.9m | -23.7% |
| Stocks | 30/36 | €8,070,971 | €6,128,555 | -€1.9m | -24.1% |
| Goods purchased for resale | 34 | €8,070,971 | €6,128,555 | -€1.9m | -24.1% |
| Contracts in progress | 37 | - | €33,207 | +€33,207 | |
| Amounts receivable within one year | 40/41 | €4,570,248 | €2,577,864 | -€2.0m | -43.6% |
| Trade receivables | 40 | €1,512,565 | €1,651,278 | +€138,713 | +9.2% |
| Other amounts receivable | 41 | €3,057,683 | €926,586 | -€2.1m | -69.7% |
| Cash at bank and in hand | 54/58 | €173,932 | €34,468 | -€139,464 | -80.2% |
| Deferred charges and accrued income | 490/1 | €21,930 | €31,768 | +€9,838 | +44.9% |
| Total equity and liabilities | 10/49 | €14,429,125 | €10,011,127 | -€4.4m | -30.6% |
| Equity | 10/15 | €1,973,905 | €1,503,916 | -€469,988 | -23.8% |
| Contributions | 10/11 | €74,368 | €74,368 | = | 0.0% |
| Capital | 10 | €74,368 | €74,368 | = | 0.0% |
| Issued capital | 100 | €74,368 | €74,368 | = | 0.0% |
| Reserves | 13 | €1,899,536 | €1,429,548 | -€469,988 | -24.7% |
| Non-distributable reserves | 130/1 | €11,790 | €11,790 | = | 0.0% |
| Legal reserve | 130 | €11,790 | €11,790 | = | 0.0% |
| Distributable reserves | 133 | €1,887,746 | €1,417,758 | -€469,988 | -24.9% |
| Amounts payable | 17/49 | €12,455,221 | €8,507,211 | -€3.9m | -31.7% |
| Amounts payable after more than one year | 17 | €81,921 | - | -€81,921 | |
| Other amounts payable | 178/9 | €81,921 | - | -€81,921 | |
| Amounts payable within one year | 42/48 | €12,328,430 | €8,458,133 | -€3.9m | -31.4% |
| Current portion of amounts payable after more than one year | 42 | €15,585 | - | -€15,585 | |
| Financial debts | 43 | €1,000,000 | €1,000,000 | = | 0.0% |
| Credit institutions | 430/8 | €1,000,000 | €1,000,000 | = | 0.0% |
| Trade debts | 44 | €10,982,008 | €6,699,454 | -€4.3m | -39.0% |
| Suppliers | 440/4 | €10,982,008 | €6,699,454 | -€4.3m | -39.0% |
| Advances received on contracts in progress | 46 | €107,944 | €39,400 | -€68,544 | -63.5% |
| Taxes, remuneration and social security | 45 | €222,893 | €199,648 | -€23,245 | -10.4% |
| Taxes | 450/3 | €86,584 | €34,252 | -€52,332 | -60.4% |
| Remuneration and social security | 454/9 | €136,309 | €165,396 | +€29,087 | +21.3% |
| Other amounts payable | 47/48 | - | €519,630 | +€519,630 | |
| Accrued charges and deferred income | 492/3 | €44,869 | €49,078 | +€4,209 | +9.4% |
| Operating income | 70/76A | €23,657,870 | €21,815,260 | -€1.8m | -7.8% |
| Turnover | 70 | €23,507,406 | €21,665,604 | -€1.8m | -7.8% |
| Other operating income | 74 | €150,464 | €149,656 | -€808 | -0.5% |
| Operating charges | 60/66A | €23,404,482 | €22,028,653 | -€1.4m | -5.9% |
| Goods for resale, raw materials and consumables | 60 | €20,670,711 | €19,026,131 | -€1.6m | -8.0% |
| Purchases | 600/8 | €24,298,714 | €17,101,499 | -€7.2m | -29.6% |
| Change in stocks: decrease (increase) | 609 | -€3,628,003 | €1,924,632 | +€5.6m | |
| Services and other goods | 61 | €1,057,716 | €1,258,116 | +€200,400 | +18.9% |
| Remuneration, social security and pensions | 62 | €1,294,162 | €1,362,783 | +€68,621 | +5.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €390,256 | €314,948 | -€75,308 | -19.3% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€36,593 | €10,108 | +€46,701 | |
| Other operating charges | 640/8 | €28,130 | €29,570 | +€1,440 | +5.1% |
| Non-recurring operating charges | 66A | €100 | €26,997 | +€26,897 | +26897.5% |
| Operating profit (loss) | 9901 | €253,388 | -€213,393 | -€466,781 | |
| Financial income | 75/76B | €4,297 | €1,924 | -€2,372 | -55.2% |
| Recurring financial income | 75 | €4,297 | €1,924 | -€2,372 | -55.2% |
| Other financial income | 752/9 | €4,297 | €1,924 | -€2,372 | -55.2% |
| Financial charges | 65/66B | €243,308 | €252,967 | +€9,659 | +4.0% |
| Recurring financial charges | 65 | €243,308 | €252,967 | +€9,659 | +4.0% |
| Debt charges | 650 | €234,048 | €244,328 | +€10,280 | +4.4% |
| Other financial charges | 652/9 | €9,260 | €8,639 | -€621 | -6.7% |
| Profit (loss) for the period before taxes | 9903 | €14,377 | -€464,436 | -€478,813 | |
| Income taxes | 67/77 | €12,286 | €5,553 | -€6,733 | -54.8% |
| Taxes | 670/3 | €12,641 | €5,553 | -€7,089 | -56.1% |
| Tax adjustments and reversals of tax provisions | 77 | €355 | - | -€355 | |
| Profit (loss) for the period | 9904 | €2,091 | -€469,988 | -€472,079 | |
| Profit (loss) for the period to be appropriated | 9905 | €2,091 | -€469,988 | -€472,079 |
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 10 October 2026 via checked.be.