Garage PVM: 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 PVM
Largest movements
- Stocks and contracts +€84,467
up €84,467 (+105%), from €80,399 to €164,867
- Cash -€31,873
down €31,873 (-38.9%), from €82,014 to €50,142
mainly Stocks and contracts (-€84,467) and Trade debts (-€2,505)
- Tangible fixed assets -€2,529
down €2,529 (-45.6%), from €5,551 to €3,022
of which Plant, machinery and equipment: -€2,083
- Reserves +€40,214
up €40,214 (+63.8%), from €63,020 to €103,233
- Tax, wage and social debts +€16,033
up €16,033 (+325%), from €4,930 to €20,962
of which Taxes: +€16,033
- Trade debts -€2,505
down €2,505 (-24.8%), from €10,103 to €7,598
- Gross operating margin +€1,839
up €1,839 (+3.1%), from €59,702 to €61,541
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 | €177,317 | €229,141 | +€51,824 | +29.2% |
| Fixed assets | 21/28 | €5,551 | €3,772 | -€1,779 | -32.1% |
| Tangible fixed assets | 22/27 | €5,551 | €3,022 | -€2,529 | -45.6% |
| Plant, machinery and equipment | 23 | €4,508 | €2,425 | -€2,083 | -46.2% |
| Furniture and vehicles | 24 | €1,042 | €597 | -€446 | -42.8% |
| Financial fixed assets | 28 | - | €750 | +€750 | |
| Current assets | 29/58 | €171,766 | €225,370 | +€53,604 | +31.2% |
| Stocks and contracts in progress | 3 | €80,399 | €164,867 | +€84,467 | +105% |
| Stocks | 30/36 | €80,399 | €164,867 | +€84,467 | +105% |
| Amounts receivable within one year | 40/41 | €9,353 | €9,134 | -€218 | -2.3% |
| Trade receivables | 40 | €9,327 | €9,010 | -€317 | -3.4% |
| Other amounts receivable | 41 | €26 | €124 | +€98 | +383% |
| Cash at bank and in hand | 54/58 | €82,014 | €50,142 | -€31,873 | -38.9% |
| Deferred charges and accrued income | 490/1 | €0 | €1,227 | +€1,227 | |
| Total equity and liabilities | 10/49 | €177,317 | €229,141 | +€51,824 | +29.2% |
| Equity | 10/15 | €66,020 | €106,233 | +€40,214 | +60.9% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €63,020 | €103,233 | +€40,214 | +63.8% |
| Distributable reserves | 133 | €63,020 | €103,233 | +€40,214 | +63.8% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €111,297 | €122,908 | +€11,611 | +10.4% |
| Amounts payable within one year | 42/48 | €111,297 | €122,908 | +€11,611 | +10.4% |
| Trade debts | 44 | €10,103 | €7,598 | -€2,505 | -24.8% |
| Suppliers | 440/4 | €10,103 | €7,598 | -€2,505 | -24.8% |
| Taxes, remuneration and social security | 45 | €4,930 | €20,962 | +€16,033 | +325% |
| Taxes | 450/3 | €4,430 | €20,463 | +€16,033 | +362% |
| Remuneration and social security | 454/9 | €500 | €500 | = | 0.0% |
| Other amounts payable | 47/48 | €96,264 | €94,348 | -€1,917 | -2.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,037 | €2,529 | +€493 | +24.2% |
| Other operating charges | 640/8 | €1,561 | €1,456 | -€105 | -6.7% |
| Gross operating margin | 9900 | €59,702 | €61,541 | +€1,839 | +3.1% |
| Operating profit (loss) | 9901 | €56,104 | €57,556 | +€1,452 | +2.6% |
| Financial income | 75/76B | €5 | €12 | +€7 | +159% |
| Recurring financial income | 75 | €5 | €12 | +€7 | +159% |
| Financial charges | 65/66B | €2 | -€16 | -€18 | |
| Recurring financial charges | 65 | €2 | -€16 | -€18 | |
| Profit (loss) for the period before taxes | 9903 | €56,106 | €57,583 | +€1,477 | +2.6% |
| Income taxes | 67/77 | €15,259 | €15,704 | +€444 | +2.9% |
| Profit (loss) for the period | 9904 | €40,847 | €41,880 | +€1,033 | +2.5% |
| Profit (loss) for the period to be appropriated | 9905 | €40,847 | €41,880 | +€1,033 | +2.5% |
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.