GARAGE ROBERT: what changed
Two fiscal 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.
What changed
GARAGE ROBERT
NACE 95.311, General maintenance and repair of cars and light vans (up to 3.5 tonnes)
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€177,031
2024 · €259,734-€82,704
Equity
€1.8m
2024 · €1.6m+€177,031
Cash
€641,172
2024 · €379,420+€261,752
Balance sheet total
€2.9m
2024 · €2.7m+€172,397
Largest movements
Assets
- Cash +€261,752
up €261,752 (+69.0%), from €379,420 to €641,172
mainly Net result for the year (+€177,031) and Depreciation (+€86,890)
- Tangible fixed assets -€73,066
down €73,066 (-7.6%), from €960,824 to €887,758
Equity and liabilities
- Reserves +€177,031
up €177,031 (+16.4%), from €1.1m to €1.3m
of which Distributable reserves: +€177,031
- Trade debts +€64,460
up €64,460 (+10.2%), from €634,481 to €698,941
- Debts after one year -€62,251
down €62,251 (-23.5%), from €264,474 to €202,224
Income statement
- Gross operating margin -€121,438
down €121,438 (-18.5%), from €657,567 to €536,129
- Taxes -€39,638
down €39,638 (-33.2%), from €119,360 to €79,722
- Financial charges -€8,959
down €8,959 (-29.0%), from €30,875 to €21,916
of which Financial charges: -€9,013
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.
Result 2024
€259,734
Gross operating margin
-€121,438
Staff costs
-€6,448
Depreciation
-€6,289
Other operating charges
+€983
Other operating items
-€500
Financial income
+€2,392
Financial charges
+€8,959
Taxes
+€39,638
Result 2025
€177,031
Cash bridge derived
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.
From operations
+€340,238
Investment
-€13,325
Financing
-€65,161
Cash 2024
€379,420
From operations (derived)
+€340,238
Net result for the year
+€177,031
Depreciation
+€86,890
Stocks and contracts
-€9,818
Receivables within one year
+€9,954
Deferred charges and accrued income
+€15,654
Trade debts
+€64,460
Tax, wage and social debts
-€11,357
Advances received
-€900
Other debts
+€8,323
Investment (derived)
-€13,325
Investment in fixed assets (net)
-€13,325
Financing
-€65,161
Debts after one year
-€62,251
Current portion of long-term debt
+€1,873
Short-term financial debts
-€4,783
Cash 2025
€641,172
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €2,720,274 | €2,892,671 | +€172,397 | +6.3% |
| Fixed assets | 21/28 | €961,324 | €887,758 | -€73,566 | -7.7% |
| Tangible fixed assets | 22/27 | €960,824 | €887,758 | -€73,066 | -7.6% |
| Land and buildings | 22 | €807,338 | €776,801 | -€30,537 | -3.8% |
| Plant, machinery and equipment | 23 | €40,852 | €25,959 | -€14,893 | -36.5% |
| Furniture and vehicles | 24 | €112,634 | €84,999 | -€27,635 | -24.5% |
| Financial fixed assets | 28 | €500 | €0 | -€500 | -100.0% |
| Current assets | 29/58 | €1,758,951 | €2,004,913 | +€245,962 | +14.0% |
| Stocks and contracts in progress | 3 | €1,246,000 | €1,255,818 | +€9,818 | +0.8% |
| Stocks | 30/36 | €1,246,000 | €1,255,818 | +€9,818 | +0.8% |
| Amounts receivable within one year | 40/41 | €116,159 | €106,205 | -€9,954 | -8.6% |
| Trade receivables | 40 | €105,073 | €43,052 | -€62,020 | -59.0% |
| Other amounts receivable | 41 | €11,086 | €63,153 | +€52,066 | +469.7% |
| Cash at bank and in hand | 54/58 | €379,420 | €641,172 | +€261,752 | +69.0% |
| Deferred charges and accrued income | 490/1 | €17,372 | €1,718 | -€15,654 | -90.1% |
| Total equity and liabilities | 10/49 | €2,720,274 | €2,892,671 | +€172,397 | +6.3% |
| Equity | 10/15 | €1,607,645 | €1,784,676 | +€177,031 | +11.0% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €1,078,325 | €1,255,356 | +€177,031 | +16.4% |
| Tax-exempt reserves | 132 | €18,750 | €18,750 | = | 0.0% |
| Distributable reserves | 133 | €1,059,575 | €1,236,606 | +€177,031 | +16.7% |
| Profit (loss) carried forward | 14 | €510,728 | €510,728 | = | 0.0% |
| Amounts payable | 17/49 | €1,112,630 | €1,107,995 | -€4,634 | -0.4% |
| Amounts payable after more than one year | 17 | €264,474 | €202,224 | -€62,251 | -23.5% |
| Financial debts | 170/4 | €264,474 | €202,224 | -€62,251 | -23.5% |
| Amounts payable within one year | 42/48 | €848,156 | €905,772 | +€57,616 | +6.8% |
| Current portion of amounts payable after more than one year | 42 | €60,378 | €62,251 | +€1,873 | +3.1% |
| Financial debts | 43 | €34,103 | €29,321 | -€4,783 | -14.0% |
| Credit institutions | 430/8 | €34,103 | €29,321 | -€4,783 | -14.0% |
| Trade debts | 44 | €634,481 | €698,941 | +€64,460 | +10.2% |
| Suppliers | 440/4 | €634,481 | €698,941 | +€64,460 | +10.2% |
| Advances received on contracts in progress | 46 | €900 | €0 | -€900 | -100.0% |
| Taxes, remuneration and social security | 45 | €39,706 | €28,349 | -€11,357 | -28.6% |
| Taxes | 450/3 | €23,221 | €11,389 | -€11,832 | -51.0% |
| Remuneration and social security | 454/9 | €16,485 | €16,961 | +€475 | +2.9% |
| Other amounts payable | 47/48 | €78,587 | €86,910 | +€8,323 | +10.6% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Non-recurring operating income | 76A | €6,416 | €6,634 | +€218 | +3.4% |
| Remuneration, social security and pensions | 62 | €145,447 | €151,895 | +€6,448 | +4.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €80,601 | €86,890 | +€6,289 | +7.8% |
| Other operating charges | 640/8 | €22,126 | €21,143 | -€983 | -4.4% |
| Non-recurring operating charges | 66A | €0 | €500 | +€500 | |
| Gross operating margin | 9900 | €657,567 | €536,129 | -€121,438 | -18.5% |
| Operating profit (loss) | 9901 | €409,393 | €275,701 | -€133,692 | -32.7% |
| Financial income | 75/76B | €576 | €2,968 | +€2,392 | +415.1% |
| Recurring financial income | 75 | €576 | €2,968 | +€2,392 | +415.1% |
| Financial charges | 65/66B | €30,875 | €21,916 | -€8,959 | -29.0% |
| Recurring financial charges | 65 | €30,875 | €21,862 | -€9,013 | -29.2% |
| Non-recurring financial charges | 66B | - | €53 | +€53 | |
| Profit (loss) for the period before taxes | 9903 | €379,095 | €256,753 | -€122,341 | -32.3% |
| Income taxes | 67/77 | €119,360 | €79,722 | -€39,638 | -33.2% |
| Profit (loss) for the period | 9904 | €259,734 | €177,031 | -€82,704 | -31.8% |
| Profit (loss) for the period to be appropriated | 9905 | €259,734 | €177,031 | -€82,704 | -31.8% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.