Garage THOMAS: 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 THOMAS
Largest movements
- Stocks and contracts +€83,560
up €83,560 (+32.4%), from €258,175 to €341,735
- Receivables within one year +€52,172
up €52,172 (+2013.6%), from €2,591 to €54,763
- Tangible fixed assets -€12,082
down €12,082 (-16.5%), from €73,055 to €60,973
of which Furniture and vehicles: -€20,355
- Reserves +€86,548
up €86,548 (+745.7%), from €11,607 to €98,155
- Trade debts +€50,465
up €50,465 (+339.4%), from €14,868 to €65,333
- Other debts -€33,494
down €33,494 (-38.3%), from €87,514 to €54,020
- Tax, wage and social debts +€30,152
up €30,152 (+261.2%), from €11,544 to €41,696
of which Taxes: +€32,152
- Current portion of long-term debt -€5,643
no longer reported in 2025 (was €5,643)
- Gross operating margin +€60,643
up €60,643 (+61.1%), from €99,193 to €159,836
- Staff costs -€25,101
no longer reported in 2025 (was €25,101)
- Taxes +€22,778
up €22,778 (+487.2%), from €4,675 to €27,453
- Depreciation -€9,993
down €9,993 (-29.1%), from €34,322 to €24,329
- Other operating charges -€3,767
down €3,767 (-50.2%), from €7,503 to €3,736
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €343,878 | €467,621 | +€123,743 | +36.0% |
| Fixed assets | 21/28 | €73,328 | €60,973 | -€12,355 | -16.8% |
| Tangible fixed assets | 22/27 | €73,055 | €60,973 | -€12,082 | -16.5% |
| Land and buildings | 22 | €11,888 | €10,103 | -€1,785 | -15.0% |
| Plant, machinery and equipment | 23 | €2,829 | €12,887 | +€10,058 | +355.5% |
| Furniture and vehicles | 24 | €58,338 | €37,983 | -€20,355 | -34.9% |
| Financial fixed assets | 28 | €273 | - | -€273 | |
| Current assets | 29/58 | €270,550 | €406,648 | +€136,098 | +50.3% |
| Stocks and contracts in progress | 3 | €258,175 | €341,735 | +€83,560 | +32.4% |
| Stocks | 30/36 | €258,175 | €341,735 | +€83,560 | +32.4% |
| Amounts receivable within one year | 40/41 | €2,591 | €54,763 | +€52,172 | +2013.6% |
| Trade receivables | 40 | €2,591 | €54,763 | +€52,172 | +2013.6% |
| Cash at bank and in hand | 54/58 | €5,352 | €5,744 | +€392 | +7.3% |
| Deferred charges and accrued income | 490/1 | €4,432 | €4,406 | -€26 | -0.6% |
| Total equity and liabilities | 10/49 | €343,878 | €467,621 | +€123,743 | +36.0% |
| Equity | 10/15 | €125,785 | €212,333 | +€86,548 | +68.8% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €11,607 | €98,155 | +€86,548 | +745.7% |
| Distributable reserves | 133 | €11,607 | €98,155 | +€86,548 | +745.7% |
| Profit (loss) carried forward | 14 | €95,586 | €95,586 | = | 0.0% |
| Amounts payable | 17/49 | €218,093 | €255,288 | +€37,195 | +17.1% |
| Amounts payable within one year | 42/48 | €218,093 | €255,288 | +€37,195 | +17.1% |
| Current portion of amounts payable after more than one year | 42 | €5,643 | - | -€5,643 | |
| Financial debts | 43 | €98,524 | €94,239 | -€4,285 | -4.3% |
| Credit institutions | 430/8 | €98,524 | €94,239 | -€4,285 | -4.3% |
| Trade debts | 44 | €14,868 | €65,333 | +€50,465 | +339.4% |
| Suppliers | 440/4 | €14,868 | €65,333 | +€50,465 | +339.4% |
| Taxes, remuneration and social security | 45 | €11,544 | €41,696 | +€30,152 | +261.2% |
| Taxes | 450/3 | €9,544 | €41,696 | +€32,152 | +336.9% |
| Remuneration and social security | 454/9 | €2,000 | - | -€2,000 | |
| Other amounts payable | 47/48 | €87,514 | €54,020 | -€33,494 | -38.3% |
| Non-recurring operating income | 76A | €4,818 | €13,466 | +€8,648 | +179.5% |
| Remuneration, social security and pensions | 62 | €25,101 | - | -€25,101 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €34,322 | €24,329 | -€9,993 | -29.1% |
| Other operating charges | 640/8 | €7,503 | €3,736 | -€3,767 | -50.2% |
| Non-recurring operating charges | 66A | - | €273 | +€273 | |
| Gross operating margin | 9900 | €99,193 | €159,836 | +€60,643 | +61.1% |
| Operating profit (loss) | 9901 | €32,267 | €131,498 | +€99,231 | +307.5% |
| Financial income | 75/76B | €54 | €22 | -€32 | -59.3% |
| Recurring financial income | 75 | €54 | €22 | -€32 | -59.3% |
| Financial charges | 65/66B | €17,898 | €17,519 | -€379 | -2.1% |
| Recurring financial charges | 65 | €17,898 | €17,519 | -€379 | -2.1% |
| Profit (loss) for the period before taxes | 9903 | €14,423 | €114,001 | +€99,578 | +690.4% |
| Income taxes | 67/77 | €4,675 | €27,453 | +€22,778 | +487.2% |
| Profit (loss) for the period | 9904 | €9,748 | €86,548 | +€76,800 | +787.9% |
| Profit (loss) for the period to be appropriated | 9905 | €9,748 | €86,548 | +€76,800 | +787.9% |
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 10 October 2026 via checked.be.