GARAGE STURBOIS: 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 STURBOIS
Largest movements
- Current investments +€450,000
new in 2025: €450,000
- Cash -€351,029
down €351,029 (-75.7%), from €463,887 to €112,859
mainly Current investments (-€450,000) and Investment in fixed assets (net) (-€62,520)
- Tangible fixed assets +€41,615
up €41,615 (+71.3%), from €58,381 to €99,996
of which Furniture and vehicles: +€39,154
- Stocks and contracts +€8,266
up €8,266 (+9.1%), from €90,421 to €98,686
- Reserves +€85,590
up €85,590 (+43.7%), from €195,656 to €281,245
of which Distributable reserves: +€85,590
- Debts after one year +€25,590
up €25,590 (+183%), from €14,000 to €39,590
of which Other amounts payable: +€14,000
- Trade debts +€21,289
up €21,289 (+63.9%), from €33,335 to €54,625
- Current portion of long-term debt +€18,535
new in 2025: €18,535
- Tax, wage and social debts -€16,866
down €16,866 (-37.3%), from €45,213 to €28,347
of which Taxes: -€24,852
- Gross operating margin +€83,767
up €83,767 (+43.0%), from €194,859 to €278,626
- Staff costs +€50,384
up €50,384 (+65.7%), from €76,632 to €127,016
- Depreciation +€10,517
up €10,517 (+104%), from €10,094 to €20,611
- Taxes +€7,167
up €7,167 (+25.4%), from €28,244 to €35,412
- Financial income +€3,913
up €3,913 (+109,298%), from €4 to €3,916
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 | €639,398 | €784,139 | +€144,742 | +22.6% |
| Fixed assets | 21/28 | €59,106 | €101,015 | +€41,909 | +70.9% |
| Tangible fixed assets | 22/27 | €58,381 | €99,996 | +€41,615 | +71.3% |
| Land and buildings | 22 | €27,486 | €27,246 | -€240 | -0.9% |
| Plant, machinery and equipment | 23 | €9,496 | €12,197 | +€2,702 | +28.5% |
| Furniture and vehicles | 24 | €21,399 | €60,553 | +€39,154 | +183% |
| Financial fixed assets | 28 | €725 | €1,019 | +€294 | +40.5% |
| Current assets | 29/58 | €580,292 | €683,124 | +€102,832 | +17.7% |
| Stocks and contracts in progress | 3 | €90,421 | €98,686 | +€8,266 | +9.1% |
| Stocks | 30/36 | €90,421 | €98,686 | +€8,266 | +9.1% |
| Amounts receivable within one year | 40/41 | €23,088 | €18,273 | -€4,815 | -20.9% |
| Trade receivables | 40 | €23,044 | €18,273 | -€4,771 | -20.7% |
| Other amounts receivable | 41 | €44 | - | -€44 | |
| Current investments | 50/53 | - | €450,000 | +€450,000 | |
| Cash at bank and in hand | 54/58 | €463,887 | €112,859 | -€351,029 | -75.7% |
| Deferred charges and accrued income | 490/1 | €2,895 | €3,306 | +€410 | +14.2% |
| Total equity and liabilities | 10/49 | €639,398 | €784,139 | +€144,742 | +22.6% |
| Equity | 10/15 | €477,198 | €562,788 | +€85,590 | +17.9% |
| Contributions | 10/11 | €171,933 | €171,933 | = | 0.0% |
| Capital | 10 | €171,933 | €171,933 | = | 0.0% |
| Issued capital | 100 | €171,933 | €171,933 | = | 0.0% |
| Reserves | 13 | €195,656 | €281,245 | +€85,590 | +43.7% |
| Non-distributable reserves | 130/1 | €24,320 | €24,320 | = | 0.0% |
| Legal reserve | 130 | €17,067 | €17,067 | = | 0.0% |
| Other | 1319 | €7,253 | €7,253 | = | 0.0% |
| Distributable reserves | 133 | €171,335 | €256,925 | +€85,590 | +50.0% |
| Profit (loss) carried forward | 14 | €109,610 | €109,610 | = | 0.0% |
| Amounts payable | 17/49 | €162,200 | €221,352 | +€59,152 | +36.5% |
| Amounts payable after more than one year | 17 | €14,000 | €39,590 | +€25,590 | +183% |
| Financial debts | 170/4 | €14,000 | €25,590 | +€11,590 | +82.8% |
| Other amounts payable | 178/9 | - | €14,000 | +€14,000 | |
| Amounts payable within one year | 42/48 | €147,103 | €181,761 | +€34,658 | +23.6% |
| Current portion of amounts payable after more than one year | 42 | - | €18,535 | +€18,535 | |
| Trade debts | 44 | €33,335 | €54,625 | +€21,289 | +63.9% |
| Suppliers | 440/4 | €33,335 | €54,625 | +€21,289 | +63.9% |
| Taxes, remuneration and social security | 45 | €45,213 | €28,347 | -€16,866 | -37.3% |
| Taxes | 450/3 | €36,690 | €11,839 | -€24,852 | -67.7% |
| Remuneration and social security | 454/9 | €8,523 | €16,508 | +€7,986 | +93.7% |
| Other amounts payable | 47/48 | €68,555 | €80,255 | +€11,700 | +17.1% |
| Accrued charges and deferred income | 492/3 | €1,097 | - | -€1,097 | |
| Remuneration, social security and pensions | 62 | €76,632 | €127,016 | +€50,384 | +65.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,094 | €20,611 | +€10,517 | +104% |
| Other operating charges | 640/8 | €10,974 | €10,550 | -€424 | -3.9% |
| Gross operating margin | 9900 | €194,859 | €278,626 | +€83,767 | +43.0% |
| Operating profit (loss) | 9901 | €97,159 | €120,449 | +€23,290 | +24.0% |
| Financial income | 75/76B | €4 | €3,916 | +€3,913 | +109,298% |
| Recurring financial income | 75 | €4 | €3,916 | +€3,913 | +109,298% |
| Financial charges | 65/66B | €1,251 | €3,364 | +€2,113 | +169% |
| Recurring financial charges | 65 | €1,251 | €3,364 | +€2,113 | +169% |
| Profit (loss) for the period before taxes | 9903 | €95,911 | €121,001 | +€25,090 | +26.2% |
| Income taxes | 67/77 | €28,244 | €35,412 | +€7,167 | +25.4% |
| Profit (loss) for the period | 9904 | €67,667 | €85,590 | +€17,923 | +26.5% |
| Profit (loss) for the period to be appropriated | 9905 | €67,667 | €85,590 | +€17,923 | +26.5% |
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 28 October 2026 via checked.be.