GARAGE PLUS: what changed
Two fiscal 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 PLUS
Largest movements
- Cash +€83,311
up €83,311 (+305.8%), from €27,243 to €110,554
mainly Receivables within one year (+€48,397) and Net result for the year (+€20,088)
- Receivables within one year -€48,397
down €48,397 (-80.3%), from €60,259 to €11,862
- Stocks and contracts -€17,688
down €17,688 (-44.6%), from €39,688 to €22,000
- Tangible fixed assets -€11,687
down €11,687 (-37.0%), from €31,588 to €19,901
of which Furniture and vehicles: -€9,185
- Deferred charges and accrued income +€1,786
up €1,786 (+642.9%), from €278 to €2,064
- Profit (loss) carried forward +€20,088
up €20,088 (+45.6%), from €44,023 to €64,111
- Trade debts -€5,846
down €5,846 (-10.9%), from €53,520 to €47,674
- Other debts -€4,900
down €4,900 (-11.8%), from €41,374 to €36,474
- Tax, wage and social debts -€2,017
down €2,017 (-11.8%), from €17,139 to €15,122
- Turnover +€74,231
up €74,231 (+33.5%), from €221,838 to €296,069
- Purchases and services +€72,241
up €72,241 (+37.7%), from €191,559 to €263,800
- Gross operating margin +€3,599
up €3,599 (+11.5%), from €31,408 to €35,006
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €162,056 | €169,381 | +€7,325 | +4.5% |
| Fixed assets | 21/28 | €34,588 | €22,901 | -€11,687 | -33.8% |
| Tangible fixed assets | 22/27 | €31,588 | €19,901 | -€11,687 | -37.0% |
| Plant, machinery and equipment | 23 | €5,778 | €3,276 | -€2,502 | -43.3% |
| Furniture and vehicles | 24 | €25,810 | €16,625 | -€9,185 | -35.6% |
| Financial fixed assets | 28 | €3,000 | €3,000 | = | 0.0% |
| Current assets | 29/58 | €127,468 | €146,480 | +€19,012 | +14.9% |
| Stocks and contracts in progress | 3 | €39,688 | €22,000 | -€17,688 | -44.6% |
| Stocks | 30/36 | €39,688 | €22,000 | -€17,688 | -44.6% |
| Amounts receivable within one year | 40/41 | €60,259 | €11,862 | -€48,397 | -80.3% |
| Trade receivables | 40 | €60,259 | €11,862 | -€48,397 | -80.3% |
| Cash at bank and in hand | 54/58 | €27,243 | €110,554 | +€83,311 | +305.8% |
| Deferred charges and accrued income | 490/1 | €278 | €2,064 | +€1,786 | +642.9% |
| Total equity and liabilities | 10/49 | €162,056 | €169,381 | +€7,325 | +4.5% |
| Equity | 10/15 | €50,023 | €70,111 | +€20,088 | +40.2% |
| Contributions | 10/11 | €6,000 | €6,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €44,023 | €64,111 | +€20,088 | +45.6% |
| Amounts payable | 17/49 | €112,033 | €99,270 | -€12,763 | -11.4% |
| Amounts payable within one year | 42/48 | €112,033 | €99,270 | -€12,763 | -11.4% |
| Trade debts | 44 | €53,520 | €47,674 | -€5,846 | -10.9% |
| Suppliers | 440/4 | €53,520 | €47,674 | -€5,846 | -10.9% |
| Taxes, remuneration and social security | 45 | €17,139 | €15,122 | -€2,017 | -11.8% |
| Taxes | 450/3 | €17,139 | €15,122 | -€2,017 | -11.8% |
| Other amounts payable | 47/48 | €41,374 | €36,474 | -€4,900 | -11.8% |
| Turnover | 70 | €221,838 | €296,069 | +€74,231 | +33.5% |
| Goods, raw materials, services and sundry goods | 60/61 | €191,559 | €263,800 | +€72,241 | +37.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,800 | €6,818 | +€1,018 | +17.6% |
| Other operating charges | 640/8 | €622 | €1,979 | +€1,357 | +218.1% |
| Gross operating margin | 9900 | €31,408 | €35,006 | +€3,599 | +11.5% |
| Operating profit (loss) | 9901 | €24,985 | €26,210 | +€1,224 | +4.9% |
| Financial income | 75/76B | €22 | - | -€22 | |
| Recurring financial income | 75 | €22 | - | -€22 | |
| Financial charges | 65/66B | €279 | €28 | -€251 | -89.9% |
| Recurring financial charges | 65 | €279 | €28 | -€251 | -89.9% |
| Profit (loss) for the period before taxes | 9903 | €24,728 | €26,181 | +€1,453 | +5.9% |
| Income taxes | 67/77 | €5,042 | €6,093 | +€1,051 | +20.8% |
| Profit (loss) for the period | 9904 | €19,686 | €20,088 | +€402 | +2.0% |
| Profit (loss) for the period to be appropriated | 9905 | €19,686 | €20,088 | +€402 | +2.0% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.