GARAGE RENE: what changed
What changed
GARAGE RENE
NACE 47.811, Retail sale of cars and light vans (up to 3.5 tonnes)
filed annual accounts (NBB)
Net result for the year
€55,334
2024 · €65,539-€10,206
Equity
€66,950
2024 · €11,617+€55,334
Cash
€113,612
2024 · €90,962+€22,649
Balance sheet total
€174,072
2024 · €151,909+€22,163
Largest movements
Assets
- Cash +€22,649
up €22,649 (+24.9%), from €90,962 to €113,612
mainly Net result for the year (+€55,334) and Trade debts (+€2,397)
Equity and liabilities
- Profit (loss) carried forward +€55,334
up €55,334 (+62.4%), from -€88,717 to -€33,383
- Other debts -€33,312
down €33,312 (-26.3%), from €126,743 to €93,432
- Trade debts +€2,397
up €2,397 (+36.2%), from €6,620 to €9,017
- Tax, wage and social debts -€1,756
down €1,756 (-27.5%), from €6,380 to €4,624
Income statement
- Gross operating margin -€9,698
down €9,698 (-13.2%), from €73,233 to €63,535
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
€65,539
Gross operating margin
-€9,698
Write-downs
-€704
Other operating charges
+€279
Financial income
-€5
Financial charges
-€69
Taxes
-€9
Result 2025
€55,334
raises the resultlowers the result
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€22,649
Investment
€0
Financing
€0
Cash 2024
€90,962
From operations (derived)
+€22,649
Net result for the year
+€55,334
Stocks and contracts
+€844
Smaller working-capital items
-€68
Deferred charges and accrued income
-€290
Trade debts
+€2,397
Tax, wage and social debts
-€1,756
Advances received
-€500
Other debts
-€33,312
Cash 2025
€113,612
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €151,909 | €174,072 | +€22,163 | +14.6% |
| Current assets | 29/58 | €151,909 | €174,072 | +€22,163 | +14.6% |
| Stocks and contracts in progress | 3 | €54,340 | €53,495 | -€844 | -1.6% |
| Stocks | 30/36 | €54,340 | €53,495 | -€844 | -1.6% |
| Amounts receivable within one year | 40/41 | €1,487 | €1,556 | +€69 | +4.6% |
| Trade receivables | 40 | €1,487 | €1,556 | +€69 | +4.6% |
| Other amounts receivable | 41 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €90,962 | €113,612 | +€22,649 | +24.9% |
| Deferred charges and accrued income | 490/1 | €5,120 | €5,410 | +€290 | +5.7% |
| Total equity and liabilities | 10/49 | €151,909 | €174,072 | +€22,163 | +14.6% |
| Equity | 10/15 | €11,617 | €66,950 | +€55,334 | +476% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €81,742 | €81,742 | = | 0.0% |
| Tax-exempt reserves | 132 | €70,882 | €70,882 | = | 0.0% |
| Distributable reserves | 133 | €10,859 | €10,859 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€88,717 | -€33,383 | +€55,334 | +62.4% |
| Amounts payable | 17/49 | €140,293 | €107,122 | -€33,171 | -23.6% |
| Amounts payable within one year | 42/48 | €140,244 | €107,073 | -€33,172 | -23.7% |
| Trade debts | 44 | €6,620 | €9,017 | +€2,397 | +36.2% |
| Suppliers | 440/4 | €6,620 | €9,017 | +€2,397 | +36.2% |
| Advances received on contracts in progress | 46 | €500 | €0 | -€500 | -100% |
| Taxes, remuneration and social security | 45 | €6,380 | €4,624 | -€1,756 | -27.5% |
| Taxes | 450/3 | €6,380 | €4,624 | -€1,756 | -27.5% |
| Other amounts payable | 47/48 | €126,743 | €93,432 | -€33,312 | -26.3% |
| Accrued charges and deferred income | 492/3 | €48 | €49 | +€1 | +1.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €0 | - | = | |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€56 | €648 | +€704 | |
| Other operating charges | 640/8 | €5,725 | €5,446 | -€279 | -4.9% |
| Gross operating margin | 9900 | €73,233 | €63,535 | -€9,698 | -13.2% |
| Operating profit (loss) | 9901 | €67,564 | €57,441 | -€10,123 | -15.0% |
| Financial income | 75/76B | €5 | €0 | -€5 | -99.2% |
| Recurring financial income | 75 | €5 | €0 | -€5 | -99.2% |
| Financial charges | 65/66B | €1,684 | €1,754 | +€69 | +4.1% |
| Recurring financial charges | 65 | €1,684 | €1,754 | +€69 | +4.1% |
| Profit (loss) for the period before taxes | 9903 | €65,885 | €55,687 | -€10,197 | -15.5% |
| Income taxes | 67/77 | €345 | €354 | +€9 | +2.5% |
| Profit (loss) for the period | 9904 | €65,539 | €55,334 | -€10,206 | -15.6% |
| Profit (loss) for the period to be appropriated | 9905 | €65,539 | €55,334 | -€10,206 | -15.6% |
Next steps
Work out how much credit to give this customer and on what payment terms.Credit check Check what to know before you do business with this company.Supplier due diligence Check whether you can accept this company as a client under the anti-money-laundering law.AML client file Compare this company with its sector.Sector benchmark
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 5 November 2026 via checked.be.