GARAGE RB: 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 RB
Largest movements
- Receivables within one year +€13,230
up €13,230 (+46.8%), from €28,246 to €41,477
of which Trade receivables: +€9,577
- Cash +€8,079
up €8,079 (+71.4%), from €11,322 to €19,401
mainly Depreciation (+€12,336) and Net result for the year (+€10,377)
- Tangible fixed assets -€7,113
down €7,113 (-30.9%), from €23,051 to €15,937
of which Plant, machinery and equipment: -€5,176
- Stocks and contracts +€5,173
up €5,173 (+49.3%), from €10,502 to €15,675
- Other debts -€13,331
down €13,331 (-99.1%), from €13,446 to €115
- Reserves +€10,377
up €10,377 (+107%), from €9,670 to €20,046
of which Distributable reserves: +€10,377
- Current portion of long-term debt +€9,638
new in 2025: €9,638
- Debts after one year +€8,891
new in 2025: €8,891
- Tax, wage and social debts +€6,189
up €6,189 (+28.0%), from €22,102 to €28,291
of which Remuneration and social security: +€4,452
- Staff costs -€12,461
down €12,461 (-7.5%), from €165,085 to €152,624
- Gross operating margin -€9,784
down €9,784 (-5.1%), from €193,295 to €183,511
- Write-downs -€3,429
no longer reported in 2025 (was €3,429)
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 | €78,131 | €97,520 | +€19,389 | +24.8% |
| Fixed assets | 21/28 | €26,752 | €19,639 | -€7,113 | -26.6% |
| Tangible fixed assets | 22/27 | €23,051 | €15,937 | -€7,113 | -30.9% |
| Plant, machinery and equipment | 23 | €11,948 | €6,772 | -€5,176 | -43.3% |
| Furniture and vehicles | 24 | €7,383 | €6,004 | -€1,380 | -18.7% |
| Other tangible fixed assets | 26 | €3,719 | €3,162 | -€557 | -15.0% |
| Financial fixed assets | 28 | €3,701 | €3,701 | = | 0.0% |
| Current assets | 29/58 | €51,379 | €77,881 | +€26,502 | +51.6% |
| Stocks and contracts in progress | 3 | €10,502 | €15,675 | +€5,173 | +49.3% |
| Stocks | 30/36 | €10,502 | €15,675 | +€5,173 | +49.3% |
| Amounts receivable within one year | 40/41 | €28,246 | €41,477 | +€13,230 | +46.8% |
| Trade receivables | 40 | €12,250 | €21,827 | +€9,577 | +78.2% |
| Other amounts receivable | 41 | €15,996 | €19,650 | +€3,653 | +22.8% |
| Cash at bank and in hand | 54/58 | €11,322 | €19,401 | +€8,079 | +71.4% |
| Deferred charges and accrued income | 490/1 | €1,309 | €1,328 | +€19 | +1.5% |
| Total equity and liabilities | 10/49 | €78,131 | €97,520 | +€19,389 | +24.8% |
| Equity | 10/15 | €15,870 | €26,246 | +€10,377 | +65.4% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €9,670 | €20,046 | +€10,377 | +107% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €7,810 | €18,186 | +€10,377 | +133% |
| Amounts payable | 17/49 | €62,262 | €71,274 | +€9,012 | +14.5% |
| Amounts payable after more than one year | 17 | - | €8,891 | +€8,891 | |
| Financial debts | 170/4 | - | €8,891 | +€8,891 | |
| Amounts payable within one year | 42/48 | €62,190 | €62,383 | +€193 | +0.3% |
| Current portion of amounts payable after more than one year | 42 | - | €9,638 | +€9,638 | |
| Trade debts | 44 | €26,642 | €24,339 | -€2,303 | -8.6% |
| Suppliers | 440/4 | €26,642 | €24,339 | -€2,303 | -8.6% |
| Taxes, remuneration and social security | 45 | €22,102 | €28,291 | +€6,189 | +28.0% |
| Taxes | 450/3 | €7,592 | €9,329 | +€1,737 | +22.9% |
| Remuneration and social security | 454/9 | €14,510 | €18,962 | +€4,452 | +30.7% |
| Other amounts payable | 47/48 | €13,446 | €115 | -€13,331 | -99.1% |
| Accrued charges and deferred income | 492/3 | €72 | - | -€72 | |
| Non-recurring operating income | 76A | €999 | €214 | -€785 | -78.5% |
| Remuneration, social security and pensions | 62 | €165,085 | €152,624 | -€12,461 | -7.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,975 | €12,336 | +€1,360 | +12.4% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €3,429 | - | -€3,429 | |
| Other operating charges | 640/8 | €175 | €175 | = | 0.0% |
| Gross operating margin | 9900 | €193,295 | €183,511 | -€9,784 | -5.1% |
| Operating profit (loss) | 9901 | €13,631 | €18,376 | +€4,745 | +34.8% |
| Financial income | 75/76B | €164 | €521 | +€356 | +217% |
| Recurring financial income | 75 | €164 | €521 | +€356 | +217% |
| Financial charges | 65/66B | €1,817 | €2,888 | +€1,071 | +59.0% |
| Recurring financial charges | 65 | €1,817 | €2,878 | +€1,061 | +58.4% |
| Non-recurring financial charges | 66B | - | €10 | +€10 | |
| Profit (loss) for the period before taxes | 9903 | €11,979 | €16,009 | +€4,030 | +33.6% |
| Income taxes | 67/77 | €4,169 | €5,632 | +€1,463 | +35.1% |
| Profit (loss) for the period | 9904 | €7,810 | €10,377 | +€2,567 | +32.9% |
| Profit (loss) for the period to be appropriated | 9905 | €7,810 | €10,377 | +€2,567 | +32.9% |
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 1 November 2026 via checked.be.