GARAGE PIERRE: 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 PIERRE
Largest movements
- Receivables within one year +€109,436
up €109,436 (+65.0%), from €168,469 to €277,905
of which Trade receivables: +€138,130
- Cash +€65,805
up €65,805 (+203%), from €32,447 to €98,252
mainly Contributions, distributions and other (+€134,779) and Trade debts (+€123,049)
- Tangible fixed assets -€19,099
down €19,099 (-17.0%), from €112,479 to €93,380
of which Land and buildings: -€12,395
- Stocks and contracts -€11,850
down €11,850 (-3.8%), from €312,923 to €301,073
- Profit (loss) carried forward +€163,721
up €163,721 (+162%), from €101,162 to €264,883
- Provisions -€134,779
no longer reported in 2024 (was €134,779)
- Trade debts +€123,049
up €123,049 (+252%), from €48,858 to €171,907
- Other debts -€12,000
down €12,000 (-29.3%), from €40,982 to €28,982
- Debts after one year -€11,366
down €11,366 (-5.3%), from €215,000 to €203,634
- Turnover -€186,170
down €186,170 (-14.3%), from €1.3m to €1.1m
- Provisions -€134,779
no longer reported in 2024 (was €134,779)
- Purchases and services -€93,285
down €93,285 (-8.3%), from €1.1m to €1.0m
- Gross operating margin -€92,884
down €92,884 (-50.8%), from €182,948 to €90,064
- Financial charges +€19,336
up €19,336 (+925%), from €2,090 to €21,426
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €673,009 | €813,000 | +€139,990 | +20.8% |
| Fixed assets | 21/28 | €112,594 | €93,495 | -€19,099 | -17.0% |
| Tangible fixed assets | 22/27 | €112,479 | €93,380 | -€19,099 | -17.0% |
| Land and buildings | 22 | €96,611 | €84,217 | -€12,395 | -12.8% |
| Plant, machinery and equipment | 23 | €11,175 | €7,703 | -€3,472 | -31.1% |
| Furniture and vehicles | 24 | €4,692 | €1,461 | -€3,232 | -68.9% |
| Financial fixed assets | 28 | €115 | €115 | = | 0.0% |
| Current assets | 29/58 | €560,415 | €719,504 | +€159,089 | +28.4% |
| Stocks and contracts in progress | 3 | €312,923 | €301,073 | -€11,850 | -3.8% |
| Stocks | 30/36 | €312,923 | €301,073 | -€11,850 | -3.8% |
| Amounts receivable within one year | 40/41 | €168,469 | €277,905 | +€109,436 | +65.0% |
| Trade receivables | 40 | €139,725 | €277,855 | +€138,130 | +98.9% |
| Other amounts receivable | 41 | €28,745 | €51 | -€28,694 | -99.8% |
| Cash at bank and in hand | 54/58 | €32,447 | €98,252 | +€65,805 | +203% |
| Deferred charges and accrued income | 490/1 | €46,576 | €42,274 | -€4,302 | -9.2% |
| Total equity and liabilities | 10/49 | €673,009 | €813,000 | +€139,990 | +20.8% |
| Equity | 10/15 | €230,651 | €394,373 | +€163,721 | +71.0% |
| Contributions | 10/11 | €6,197 | €6,197 | = | 0.0% |
| Reserves | 13 | €123,292 | €123,292 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | = | 0.0% |
| Distributable reserves | 133 | €121,433 | €121,433 | = | 0.0% |
| Profit (loss) carried forward | 14 | €101,162 | €264,883 | +€163,721 | +162% |
| Provisions and deferred taxes | 16 | €134,779 | - | -€134,779 | |
| Provisions for liabilities and charges | 160/5 | €134,779 | - | -€134,779 | |
| Major repairs and maintenance | 162 | €134,779 | - | -€134,779 | |
| Amounts payable | 17/49 | €307,579 | €418,627 | +€111,048 | +36.1% |
| Amounts payable after more than one year | 17 | €215,000 | €203,634 | -€11,366 | -5.3% |
| Financial debts | 170/4 | €215,000 | €203,634 | -€11,366 | -5.3% |
| Amounts payable within one year | 42/48 | €92,579 | €214,993 | +€122,414 | +132% |
| Trade debts | 44 | €48,858 | €171,907 | +€123,049 | +252% |
| Suppliers | 440/4 | €48,858 | €171,907 | +€123,049 | +252% |
| Taxes, remuneration and social security | 45 | €2,739 | €14,104 | +€11,365 | +415% |
| Remuneration and social security | 454/9 | €2,739 | €14,104 | +€11,365 | +415% |
| Other amounts payable | 47/48 | €40,982 | €28,982 | -€12,000 | -29.3% |
| Turnover | 70 | €1,304,841 | €1,118,672 | -€186,170 | -14.3% |
| Goods, raw materials, services and sundry goods | 60/61 | €1,121,893 | €1,028,607 | -€93,285 | -8.3% |
| Remuneration, social security and pensions | 62 | €14,835 | €14,651 | -€183 | -1.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €19,825 | €19,099 | -€726 | -3.7% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | €134,779 | - | -€134,779 | |
| Other operating charges | 640/8 | €5,586 | €5,946 | +€360 | +6.4% |
| Gross operating margin | 9900 | €182,948 | €90,064 | -€92,884 | -50.8% |
| Operating profit (loss) | 9901 | €7,923 | €50,368 | +€42,445 | +536% |
| Financial income | 75/76B | €57 | - | -€57 | |
| Recurring financial income | 75 | €57 | - | -€57 | |
| Financial charges | 65/66B | €2,090 | €21,426 | +€19,336 | +925% |
| Recurring financial charges | 65 | €2,090 | €21,426 | +€19,336 | +925% |
| Profit (loss) for the period before taxes | 9903 | €5,891 | €28,942 | +€23,051 | +391% |
| Income taxes | 67/77 | €5,891 | - | -€5,891 | |
| Profit (loss) for the period | 9904 | €0 | €28,942 | +€28,942 | |
| Profit (loss) for the period to be appropriated | 9905 | €0 | €28,942 | +€28,942 |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 26 October 2026 via checked.be.