GARAGE POL: 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 POL
Largest movements
- Cash +€127,044
up €127,044 (+45.8%), from €277,578 to €404,622
mainly Receivables within one year (+€79,722) and Other debts (+€76,397)
- Receivables within one year -€79,722
down €79,722 (-47.9%), from €166,369 to €86,647
of which Trade receivables: -€94,970
- Stocks and contracts +€52,907
up €52,907 (+9.9%), from €533,339 to €586,246
- Other debts +€76,397
up €76,397 (+82.2%), from €92,972 to €169,369
- Reserves -€38,000
down €38,000 (-16.5%), from €230,146 to €192,146
of which Distributable reserves: -€38,000
- Trade debts +€37,216
up €37,216 (+27.3%), from €136,202 to €173,418
- Tax, wage and social debts +€35,199
up €35,199 (+226%), from €15,597 to €50,796
of which Remuneration and social security: +€33,049
- Staff costs +€126,581
up €126,581 (+35.3%), from €358,407 to €484,988
- Gross operating margin +€65,917
up €65,917 (+12.4%), from €533,405 to €599,322
- Financial charges -€16,710
down €16,710 (-72.4%), from €23,088 to €6,378
- Taxes -€15,248
down €15,248 (-38.3%), from €39,821 to €24,573
- Other operating charges +€7,179
up €7,179 (+30.4%), from €23,648 to €30,827
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 | €1,030,764 | €1,141,721 | +€110,957 | +10.8% |
| Fixed assets | 21/28 | €53,478 | €61,025 | +€7,548 | +14.1% |
| Tangible fixed assets | 22/27 | €51,782 | €58,530 | +€6,748 | +13.0% |
| Land and buildings | 22 | €9,095 | €8,007 | -€1,089 | -12.0% |
| Plant, machinery and equipment | 23 | €39,133 | €42,175 | +€3,042 | +7.8% |
| Furniture and vehicles | 24 | €3,554 | €8,348 | +€4,794 | +135% |
| Financial fixed assets | 28 | €1,696 | €2,496 | +€800 | +47.2% |
| Current assets | 29/58 | €977,286 | €1,080,696 | +€103,409 | +10.6% |
| Stocks and contracts in progress | 3 | €533,339 | €586,246 | +€52,907 | +9.9% |
| Stocks | 30/36 | €533,339 | €586,246 | +€52,907 | +9.9% |
| Amounts receivable within one year | 40/41 | €166,369 | €86,647 | -€79,722 | -47.9% |
| Trade receivables | 40 | €139,186 | €44,216 | -€94,970 | -68.2% |
| Other amounts receivable | 41 | €27,183 | €42,431 | +€15,248 | +56.1% |
| Cash at bank and in hand | 54/58 | €277,578 | €404,622 | +€127,044 | +45.8% |
| Deferred charges and accrued income | 490/1 | - | €3,181 | +€3,181 | |
| Total equity and liabilities | 10/49 | €1,030,764 | €1,141,721 | +€110,957 | +10.8% |
| Equity | 10/15 | €785,993 | €748,138 | -€37,855 | -4.8% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €230,146 | €192,146 | -€38,000 | -16.5% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Tax-exempt reserves | 132 | €18,946 | €18,946 | = | 0.0% |
| Distributable reserves | 133 | €205,000 | €167,000 | -€38,000 | -18.5% |
| Profit (loss) carried forward | 14 | €493,848 | €493,992 | +€145 | 0.0% |
| Amounts payable | 17/49 | €244,771 | €393,583 | +€148,812 | +60.8% |
| Amounts payable within one year | 42/48 | €244,771 | €393,583 | +€148,812 | +60.8% |
| Trade debts | 44 | €136,202 | €173,418 | +€37,216 | +27.3% |
| Suppliers | 440/4 | €136,202 | €173,418 | +€37,216 | +27.3% |
| Taxes, remuneration and social security | 45 | €15,597 | €50,796 | +€35,199 | +226% |
| Taxes | 450/3 | €15,597 | €17,747 | +€2,150 | +13.8% |
| Remuneration and social security | 454/9 | - | €33,049 | +€33,049 | |
| Other amounts payable | 47/48 | €92,972 | €169,369 | +€76,397 | +82.2% |
| Non-recurring operating income | 76A | €7,993 | - | -€7,993 | |
| Remuneration, social security and pensions | 62 | €358,407 | €484,988 | +€126,581 | +35.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,315 | €10,876 | +€561 | +5.4% |
| Other operating charges | 640/8 | €23,648 | €30,827 | +€7,179 | +30.4% |
| Non-recurring operating charges | 66A | €1,190 | €1,888 | +€699 | +58.7% |
| Gross operating margin | 9900 | €533,405 | €599,322 | +€65,917 | +12.4% |
| Operating profit (loss) | 9901 | €139,845 | €70,742 | -€69,103 | -49.4% |
| Financial income | 75/76B | €87 | €2,354 | +€2,268 | +2,609% |
| Recurring financial income | 75 | €87 | €2,354 | +€2,268 | +2,609% |
| Financial charges | 65/66B | €23,088 | €6,378 | -€16,710 | -72.4% |
| Recurring financial charges | 65 | €23,088 | €6,378 | -€16,710 | -72.4% |
| Profit (loss) for the period before taxes | 9903 | €116,844 | €66,718 | -€50,125 | -42.9% |
| Income taxes | 67/77 | €39,821 | €24,573 | -€15,248 | -38.3% |
| Profit (loss) for the period | 9904 | €77,023 | €42,145 | -€34,878 | -45.3% |
| Profit (loss) for the period to be appropriated | 9905 | €77,023 | €42,145 | -€34,878 | -45.3% |
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 17 October 2026 via checked.be.