GARAGE SDS: 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 SDS
Largest movements
- Stocks and contracts +€70,646
up €70,646 (+11.7%), from €602,945 to €673,591
- Cash -€30,231
down €30,231 (-78.9%), from €38,315 to €8,084
mainly Stocks and contracts (-€70,646) and Short-term financial debts (-€25,552)
- Receivables within one year -€8,491
down €8,491 (-11.4%), from €74,311 to €65,820
of which Trade receivables: -€9,438
- Trade debts +€38,801
up €38,801 (+215%), from €18,073 to €56,874
- Short-term financial debts -€25,552
down €25,552 (-12.7%), from €200,855 to €175,303
- Profit (loss) carried forward +€10,242
up €10,242 (+13.5%), from €76,112 to €86,354
- Other debts +€9,952
up €9,952 (+3.3%), from €300,192 to €310,144
- Financial charges -€11,290
down €11,290 (-43.1%), from €26,225 to €14,935
- Staff costs +€6,469
up €6,469 (+13.1%), from €49,499 to €55,967
- Depreciation -€3,998
down €3,998 (-22.7%), from €17,624 to €13,626
- Gross operating margin +€1,921
up €1,921 (+2.0%), from €95,029 to €96,950
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 | €774,729 | €804,602 | +€29,873 | +3.9% |
| Fixed assets | 21/28 | €53,511 | €50,355 | -€3,156 | -5.9% |
| Tangible fixed assets | 22/27 | €53,511 | €50,220 | -€3,291 | -6.1% |
| Plant, machinery and equipment | 23 | - | €2,073 | +€2,073 | |
| Furniture and vehicles | 24 | €13,113 | €7,407 | -€5,706 | -43.5% |
| Other tangible fixed assets | 26 | €40,398 | €40,740 | +€342 | +0.8% |
| Financial fixed assets | 28 | - | €135 | +€135 | |
| Current assets | 29/58 | €721,218 | €754,246 | +€33,029 | +4.6% |
| Stocks and contracts in progress | 3 | €602,945 | €673,591 | +€70,646 | +11.7% |
| Stocks | 30/36 | €602,945 | €673,591 | +€70,646 | +11.7% |
| Amounts receivable within one year | 40/41 | €74,311 | €65,820 | -€8,491 | -11.4% |
| Trade receivables | 40 | €73,879 | €64,441 | -€9,438 | -12.8% |
| Other amounts receivable | 41 | €432 | €1,379 | +€947 | +219% |
| Cash at bank and in hand | 54/58 | €38,315 | €8,084 | -€30,231 | -78.9% |
| Deferred charges and accrued income | 490/1 | €5,647 | €6,752 | +€1,105 | +19.6% |
| Total equity and liabilities | 10/49 | €774,729 | €804,602 | +€29,873 | +3.9% |
| Equity | 10/15 | €167,833 | €178,074 | +€10,242 | +6.1% |
| Contributions | 10/11 | €55,400 | €55,400 | = | 0.0% |
| Reserves | 13 | €36,321 | €36,321 | = | 0.0% |
| Tax-exempt reserves | 132 | €30,121 | €30,121 | = | 0.0% |
| Distributable reserves | 133 | €6,200 | €6,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | €76,112 | €86,354 | +€10,242 | +13.5% |
| Amounts payable | 17/49 | €606,896 | €626,527 | +€19,631 | +3.2% |
| Amounts payable within one year | 42/48 | €603,726 | €626,361 | +€22,634 | +3.7% |
| Financial debts | 43 | €200,855 | €175,303 | -€25,552 | -12.7% |
| Credit institutions | 430/8 | €200,855 | €175,303 | -€25,552 | -12.7% |
| Trade debts | 44 | €18,073 | €56,874 | +€38,801 | +215% |
| Suppliers | 440/4 | €18,073 | €56,874 | +€38,801 | +215% |
| Advances received on contracts in progress | 46 | €59,838 | €58,239 | -€1,599 | -2.7% |
| Taxes, remuneration and social security | 45 | €24,769 | €25,801 | +€1,032 | +4.2% |
| Taxes | 450/3 | €14,823 | €6,818 | -€8,004 | -54.0% |
| Remuneration and social security | 454/9 | €9,947 | €18,983 | +€9,036 | +90.8% |
| Other amounts payable | 47/48 | €300,192 | €310,144 | +€9,952 | +3.3% |
| Accrued charges and deferred income | 492/3 | €3,170 | €167 | -€3,003 | -94.7% |
| Non-recurring operating income | 76A | €2,936 | €0 | -€2,936 | -100% |
| Remuneration, social security and pensions | 62 | €49,499 | €55,967 | +€6,469 | +13.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €17,624 | €13,626 | -€3,998 | -22.7% |
| Other operating charges | 640/8 | €1,363 | €1,998 | +€634 | +46.5% |
| Gross operating margin | 9900 | €95,029 | €96,950 | +€1,921 | +2.0% |
| Operating profit (loss) | 9901 | €26,543 | €25,359 | -€1,184 | -4.5% |
| Financial income | 75/76B | €228 | €46 | -€182 | -79.7% |
| Recurring financial income | 75 | €228 | €46 | -€182 | -79.7% |
| Financial charges | 65/66B | €26,225 | €14,935 | -€11,290 | -43.1% |
| Recurring financial charges | 65 | €26,225 | €14,935 | -€11,290 | -43.1% |
| Profit (loss) for the period before taxes | 9903 | €546 | €10,470 | +€9,924 | +1,818% |
| Income taxes | 67/77 | €240 | €228 | -€12 | -4.9% |
| Profit (loss) for the period | 9904 | €306 | €10,242 | +€9,936 | +3,245% |
| Profit (loss) for the period to be appropriated | 9905 | €306 | €10,242 | +€9,936 | +3,245% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 28 October 2026 via checked.be.