Garage Stoffelen: what changed
What changed
Garage Stoffelen
NACE 95.311, General maintenance and repair of cars and light vans (up to 3.5 tonnes)
filed annual accounts (NBB)
Net result for the year
€745,238
2024 · €726,187+€19,052
Equity
€4.9m
2024 · €4.1m+€745,238
Cash
€576,965
2024 · €1.0m-€440,565
Balance sheet total
€5.6m
2024 · €5.1m+€463,444
Largest movements
Assets
- Current investments +€662,479
up €662,479 (+39.0%), from €1.7m to €2.4m
- Cash -€440,565
down €440,565 (-43.3%), from €1.0m to €576,965
mainly Current investments (-€662,479) and Stocks and contracts (-€318,425)
- Stocks and contracts +€318,425
up €318,425 (+64.7%), from €492,139 to €810,564
- Tangible fixed assets -€120,502
down €120,502 (-6.7%), from €1.8m to €1.7m
of which Land and buildings: -€61,404
Equity and liabilities
- Reserves +€745,238
up €745,238 (+18.1%), from €4.1m to €4.9m
of which Distributable reserves: +€745,238
- Trade debts -€146,513
down €146,513 (-40.6%), from €360,501 to €213,988
- Tax, wage and social debts -€62,055
down €62,055 (-18.1%), from €343,344 to €281,289
of which Taxes: -€64,712
Income statement
- Gross operating margin -€73,089
down €73,089 (-5.0%), from €1.5m to €1.4m
- Financial income +€53,403
up €53,403 (+207%), from €25,799 to €79,201
- Taxes -€28,820
down €28,820 (-8.3%), from €349,041 to €320,221
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
€726,187
Gross operating margin
-€73,089
Staff costs
-€5,597
Depreciation
+€8,653
Write-downs
+€230
Other operating charges
+€1,689
Other operating items
+€5,945
Financial income
+€53,403
Financial charges
-€1,003
Taxes
+€28,820
Result 2025
€745,238
raises the resultlowers the resultnot broken down further in the accounts
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
+€299,132
Investment
-€668,056
Financing
-€71,641
Cash 2024
€1.0m
From operations (derived)
+€299,132
Net result for the year
+€745,238
Depreciation
+€126,214
Stocks and contracts
-€318,425
Receivables within one year
-€46,925
Deferred charges and accrued income
+€3,183
Trade debts
-€146,513
Tax, wage and social debts
-€62,055
Smaller working-capital items
-€1,585
Investment (derived)
-€668,056
Investment in fixed assets (net)
-€5,578
Current investments
-€662,479
Financing
-€71,641
Debts after one year
-€50,712
Current portion of long-term debt
-€20,929
Cash 2025
€576,965
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €5,108,313 | €5,571,757 | +€463,444 | +9.1% |
| Fixed assets | 21/28 | €1,803,210 | €1,682,573 | -€120,637 | -6.7% |
| Tangible fixed assets | 22/27 | €1,802,335 | €1,681,833 | -€120,502 | -6.7% |
| Land and buildings | 22 | €1,479,938 | €1,418,534 | -€61,404 | -4.1% |
| Plant, machinery and equipment | 23 | €33,126 | €31,292 | -€1,833 | -5.5% |
| Furniture and vehicles | 24 | €289,271 | €232,006 | -€57,264 | -19.8% |
| Financial fixed assets | 28 | €875 | €740 | -€135 | -15.4% |
| Current assets | 29/58 | €3,305,103 | €3,889,184 | +€584,081 | +17.7% |
| Stocks and contracts in progress | 3 | €492,139 | €810,564 | +€318,425 | +64.7% |
| Stocks | 30/36 | €492,139 | €810,564 | +€318,425 | +64.7% |
| Amounts receivable within one year | 40/41 | €69,112 | €116,038 | +€46,925 | +67.9% |
| Trade receivables | 40 | €68,113 | €115,168 | +€47,055 | +69.1% |
| Other amounts receivable | 41 | €999 | €870 | -€130 | -13.0% |
| Current investments | 50/53 | €1,698,763 | €2,361,241 | +€662,479 | +39.0% |
| Cash at bank and in hand | 54/58 | €1,017,530 | €576,965 | -€440,565 | -43.3% |
| Deferred charges and accrued income | 490/1 | €27,559 | €24,376 | -€3,183 | -11.6% |
| Total equity and liabilities | 10/49 | €5,108,313 | €5,571,757 | +€463,444 | +9.1% |
| Equity | 10/15 | €4,127,562 | €4,872,800 | +€745,238 | +18.1% |
| Contributions | 10/11 | €12,643 | €12,643 | = | 0.0% |
| Reserves | 13 | €4,114,919 | €4,860,158 | +€745,238 | +18.1% |
| Tax-exempt reserves | 132 | €0 | - | = | |
| Distributable reserves | 133 | €4,114,919 | €4,860,158 | +€745,238 | +18.1% |
| Profit (loss) carried forward | 14 | €0 | - | = | |
| Amounts payable | 17/49 | €980,751 | €698,957 | -€281,794 | -28.7% |
| Amounts payable after more than one year | 17 | €201,288 | €150,576 | -€50,712 | -25.2% |
| Financial debts | 170/4 | €201,288 | €150,576 | -€50,712 | -25.2% |
| Amounts payable within one year | 42/48 | €775,495 | €545,989 | -€229,506 | -29.6% |
| Current portion of amounts payable after more than one year | 42 | €71,641 | €50,712 | -€20,929 | -29.2% |
| Trade debts | 44 | €360,501 | €213,988 | -€146,513 | -40.6% |
| Suppliers | 440/4 | €360,501 | €213,988 | -€146,513 | -40.6% |
| Taxes, remuneration and social security | 45 | €343,344 | €281,289 | -€62,055 | -18.1% |
| Taxes | 450/3 | €309,899 | €245,187 | -€64,712 | -20.9% |
| Remuneration and social security | 454/9 | €33,445 | €36,102 | +€2,657 | +7.9% |
| Other amounts payable | 47/48 | €9 | €0 | -€9 | -100% |
| Accrued charges and deferred income | 492/3 | €3,968 | €2,391 | -€1,577 | -39.7% |
| Non-recurring operating income | 76A | €106,338 | €41,301 | -€65,038 | -61.2% |
| Remuneration, social security and pensions | 62 | €257,282 | €262,879 | +€5,597 | +2.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €134,868 | €126,214 | -€8,653 | -6.4% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €230 | €0 | -€230 | -100% |
| Other operating charges | 640/8 | €18,395 | €16,707 | -€1,689 | -9.2% |
| Non-recurring operating charges | 66A | €8,149 | €2,204 | -€5,945 | -72.9% |
| Gross operating margin | 9900 | €1,475,191 | €1,402,102 | -€73,089 | -5.0% |
| Operating profit (loss) | 9901 | €1,056,267 | €994,098 | -€62,169 | -5.9% |
| Financial income | 75/76B | €25,799 | €79,201 | +€53,403 | +207% |
| Recurring financial income | 75 | €25,799 | €79,201 | +€53,403 | +207% |
| Financial charges | 65/66B | €6,838 | €7,840 | +€1,003 | +14.7% |
| Recurring financial charges | 65 | €6,838 | €7,840 | +€1,003 | +14.7% |
| Profit (loss) for the period before taxes | 9903 | €1,075,228 | €1,065,459 | -€9,769 | -0.9% |
| Income taxes | 67/77 | €349,041 | €320,221 | -€28,820 | -8.3% |
| Profit (loss) for the period | 9904 | €726,187 | €745,238 | +€19,052 | +2.6% |
| Transfer from tax-exempt reserves | 789 | €126,300 | €0 | -€126,300 | -100% |
| Profit (loss) for the period to be appropriated | 9905 | €852,487 | €745,238 | -€107,248 | -12.6% |
Next steps
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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 2 November 2026 via checked.be.