GARAGE REDING: 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 REDING
Largest movements
- Receivables within one year +€7,547
up €7,547 (+557%), from €1,356 to €8,903
- Tangible fixed assets -€5,598
down €5,598 (-3.0%), from €183,546 to €177,948
of which Land and buildings: -€21,077
- Stocks and contracts -€4,310
down €4,310 (-18.0%), from €23,990 to €19,680
- Debts after one year -€31,921
down €31,921 (-39.0%), from €81,932 to €50,010
- Other debts +€19,773
up €19,773 (+26.3%), from €75,155 to €94,929
- Trade debts +€11,232
up €11,232 (+557%), from €2,017 to €13,249
- Profit (loss) carried forward +€10,755
up €10,755 (+4.7%), from -€229,444 to -€218,690
- Tax, wage and social debts -€8,054
down €8,054 (-16.7%), from €48,308 to €40,254
of which Remuneration and social security: -€8,263
- Staff costs +€4,366
up €4,366 (+2.2%), from €196,915 to €201,281
- Depreciation +€3,022
up €3,022 (+11.1%), from €27,267 to €30,289
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 | €228,799 | €224,674 | -€4,125 | -1.8% |
| Fixed assets | 21/28 | €183,546 | €177,948 | -€5,598 | -3.0% |
| Tangible fixed assets | 22/27 | €183,546 | €177,948 | -€5,598 | -3.0% |
| Land and buildings | 22 | €177,802 | €156,725 | -€21,077 | -11.9% |
| Plant, machinery and equipment | 23 | €4,169 | €20,244 | +€16,075 | +386% |
| Furniture and vehicles | 24 | €1,575 | €979 | -€596 | -37.8% |
| Current assets | 29/58 | €45,253 | €46,726 | +€1,473 | +3.3% |
| Stocks and contracts in progress | 3 | €23,990 | €19,680 | -€4,310 | -18.0% |
| Stocks | 30/36 | €23,990 | €19,680 | -€4,310 | -18.0% |
| Amounts receivable within one year | 40/41 | €1,356 | €8,903 | +€7,547 | +557% |
| Trade receivables | 40 | €1,356 | €8,903 | +€7,547 | +557% |
| Cash at bank and in hand | 54/58 | €19,907 | €18,143 | -€1,765 | -8.9% |
| Total equity and liabilities | 10/49 | €228,799 | €224,674 | -€4,125 | -1.8% |
| Equity | 10/15 | -€20,444 | -€9,690 | +€10,755 | +52.6% |
| Contributions | 10/11 | €190,000 | €190,000 | = | 0.0% |
| Reserves | 13 | €19,000 | €19,000 | = | 0.0% |
| Non-distributable reserves | 130/1 | €19,000 | €19,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €19,000 | €19,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€229,444 | -€218,690 | +€10,755 | +4.7% |
| Amounts payable | 17/49 | €249,243 | €234,364 | -€14,880 | -6.0% |
| Amounts payable after more than one year | 17 | €81,932 | €50,010 | -€31,921 | -39.0% |
| Financial debts | 170/4 | €81,932 | €50,010 | -€31,921 | -39.0% |
| Amounts payable within one year | 42/48 | €167,312 | €184,353 | +€17,042 | +10.2% |
| Current portion of amounts payable after more than one year | 42 | €30,831 | €31,921 | +€1,090 | +3.5% |
| Financial debts | 43 | €4,000 | €4,000 | = | 0.0% |
| Credit institutions | 430/8 | €4,000 | €4,000 | = | 0.0% |
| Trade debts | 44 | €2,017 | €13,249 | +€11,232 | +557% |
| Suppliers | 440/4 | €2,017 | €13,249 | +€11,232 | +557% |
| Advances received on contracts in progress | 46 | €7,000 | - | -€7,000 | |
| Taxes, remuneration and social security | 45 | €48,308 | €40,254 | -€8,054 | -16.7% |
| Taxes | 450/3 | €7,075 | €7,283 | +€209 | +3.0% |
| Remuneration and social security | 454/9 | €41,234 | €32,970 | -€8,263 | -20.0% |
| Other amounts payable | 47/48 | €75,155 | €94,929 | +€19,773 | +26.3% |
| Remuneration, social security and pensions | 62 | €196,915 | €201,281 | +€4,366 | +2.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €27,267 | €30,289 | +€3,022 | +11.1% |
| Other operating charges | 640/8 | €4,862 | €4,738 | -€124 | -2.5% |
| Gross operating margin | 9900 | €254,307 | €252,709 | -€1,598 | -0.6% |
| Operating profit (loss) | 9901 | €25,263 | €16,401 | -€8,862 | -35.1% |
| Financial income | 75/76B | €163 | €103 | -€60 | -36.6% |
| Recurring financial income | 75 | €163 | €103 | -€60 | -36.6% |
| Financial charges | 65/66B | €8,083 | €5,750 | -€2,333 | -28.9% |
| Recurring financial charges | 65 | €8,083 | €5,750 | -€2,333 | -28.9% |
| Profit (loss) for the period before taxes | 9903 | €17,343 | €10,755 | -€6,589 | -38.0% |
| Profit (loss) for the period | 9904 | €17,343 | €10,755 | -€6,589 | -38.0% |
| Profit (loss) for the period to be appropriated | 9905 | €17,343 | €10,755 | -€6,589 | -38.0% |
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 19 October 2026 via checked.be.