Garage Teck: 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 Teck
Largest movements
- Cash -€74,008
down €74,008 (-13.6%), from €544,107 to €470,099
mainly Contributions, distributions and other (-€141,818) and Investment in fixed assets (net) (-€50,958)
- Stocks and contracts +€21,171
up €21,171 (+94.6%), from €22,375 to €43,545
- Receivables within one year +€20,768
up €20,768 (+22.6%), from €92,051 to €112,819
of which Trade receivables: +€16,638
- Tangible fixed assets +€17,317
up €17,317 (+4.1%), from €423,024 to €440,341
of which Furniture and vehicles: +€19,492
- Trade debts -€27,064
down €27,064 (-45.9%), from €58,959 to €31,895
- Reserves -€23,288
down €23,288 (-3.5%), from €663,043 to €639,754
of which Distributable reserves: -€23,288
- Other debts +€17,469
up €17,469 (+13.9%), from €125,365 to €142,835
- Gross operating margin -€26,705
down €26,705 (-6.3%), from €422,530 to €395,825
- Depreciation -€7,300
down €7,300 (-17.8%), from €40,942 to €33,642
- Staff costs -€6,340
down €6,340 (-3.4%), from €184,410 to €178,070
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 | €1,104,390 | €1,078,634 | -€25,755 | -2.3% |
| Fixed assets | 21/28 | €424,199 | €441,515 | +€17,317 | +4.1% |
| Tangible fixed assets | 22/27 | €423,024 | €440,341 | +€17,317 | +4.1% |
| Land and buildings | 22 | €302,898 | €297,034 | -€5,864 | -1.9% |
| Plant, machinery and equipment | 23 | €23,747 | €27,436 | +€3,689 | +15.5% |
| Furniture and vehicles | 24 | €96,379 | €115,871 | +€19,492 | +20.2% |
| Financial fixed assets | 28 | €1,174 | €1,174 | = | 0.0% |
| Current assets | 29/58 | €680,191 | €637,119 | -€43,072 | -6.3% |
| Stocks and contracts in progress | 3 | €22,375 | €43,545 | +€21,171 | +94.6% |
| Stocks | 30/36 | €22,375 | €43,545 | +€21,171 | +94.6% |
| Amounts receivable within one year | 40/41 | €92,051 | €112,819 | +€20,768 | +22.6% |
| Trade receivables | 40 | €53,774 | €70,412 | +€16,638 | +30.9% |
| Other amounts receivable | 41 | €38,277 | €42,407 | +€4,130 | +10.8% |
| Cash at bank and in hand | 54/58 | €544,107 | €470,099 | -€74,008 | -13.6% |
| Deferred charges and accrued income | 490/1 | €21,658 | €10,656 | -€11,003 | -50.8% |
| Total equity and liabilities | 10/49 | €1,104,390 | €1,078,634 | -€25,755 | -2.3% |
| Equity | 10/15 | €870,558 | €847,270 | -€23,288 | -2.7% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €663,043 | €639,754 | -€23,288 | -3.5% |
| Tax-exempt reserves | 132 | €18,750 | €18,750 | = | 0.0% |
| Distributable reserves | 133 | €644,293 | €621,004 | -€23,288 | -3.6% |
| Profit (loss) carried forward | 14 | €188,916 | €188,916 | = | 0.0% |
| Amounts payable | 17/49 | €233,831 | €231,364 | -€2,467 | -1.1% |
| Amounts payable within one year | 42/48 | €233,577 | €229,829 | -€3,748 | -1.6% |
| Trade debts | 44 | €58,959 | €31,895 | -€27,064 | -45.9% |
| Suppliers | 440/4 | €58,959 | €31,895 | -€27,064 | -45.9% |
| Taxes, remuneration and social security | 45 | €49,252 | €55,099 | +€5,847 | +11.9% |
| Taxes | 450/3 | €21,935 | €31,325 | +€9,390 | +42.8% |
| Remuneration and social security | 454/9 | €27,317 | €23,774 | -€3,543 | -13.0% |
| Other amounts payable | 47/48 | €125,365 | €142,835 | +€17,469 | +13.9% |
| Accrued charges and deferred income | 492/3 | €255 | €1,535 | +€1,280 | +503% |
| Non-recurring operating income | 76A | €17,524 | €33,949 | +€16,425 | +93.7% |
| Remuneration, social security and pensions | 62 | €184,410 | €178,070 | -€6,340 | -3.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €40,942 | €33,642 | -€7,300 | -17.8% |
| Other operating charges | 640/8 | €14,051 | €15,951 | +€1,900 | +13.5% |
| Non-recurring operating charges | 66A | €5,616 | €14 | -€5,601 | -99.7% |
| Gross operating margin | 9900 | €422,530 | €395,825 | -€26,705 | -6.3% |
| Operating profit (loss) | 9901 | €177,512 | €168,148 | -€9,364 | -5.3% |
| Financial income | 75/76B | €69 | €2,637 | +€2,568 | +3,745% |
| Recurring financial income | 75 | €69 | €35 | -€34 | -48.9% |
| Non-recurring financial income | 76B | - | €2,602 | +€2,602 | |
| Financial charges | 65/66B | €932 | €1,480 | +€548 | +58.8% |
| Recurring financial charges | 65 | €932 | €1,480 | +€548 | +58.8% |
| Profit (loss) for the period before taxes | 9903 | €176,648 | €169,304 | -€7,344 | -4.2% |
| Income taxes | 67/77 | €53,466 | €50,775 | -€2,691 | -5.0% |
| Profit (loss) for the period | 9904 | €123,182 | €118,530 | -€4,653 | -3.8% |
| Profit (loss) for the period to be appropriated | 9905 | €123,182 | €118,530 | -€4,653 | -3.8% |
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.