Garage-Tyco: 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-Tyco
Largest movements
- Cash +€36,520
up €36,520 (+245%), from €14,905 to €51,425
mainly Trade debts (+€20,065) and Tax, wage and social debts (+€18,540)
- Stocks and contracts +€30,938
up €30,938 (+99.4%), from €31,112 to €62,050
- Deferred charges and accrued income +€9,205
up €9,205 (+237%), from €3,887 to €13,092
- Receivables within one year +€7,109
up €7,109 (+76.4%), from €9,303 to €16,412
of which Trade receivables: +€6,536
- Tangible fixed assets -€5,704
down €5,704 (-27.5%), from €20,722 to €15,019
of which Furniture and vehicles: -€4,231
- Trade debts +€20,065
up €20,065 (+76.0%), from €26,406 to €46,471
- Tax, wage and social debts +€18,540
up €18,540 (+128%), from €14,525 to €33,065
of which Taxes: +€12,940
- Debts after one year +€17,687
up €17,687 (+93.7%), from €18,876 to €36,563
- Reserves +€15,875
up €15,875 (+266%), from €5,958 to €21,833
- Current portion of long-term debt +€6,807
up €6,807 (+122%), from €5,561 to €12,368
- Gross operating margin +€57,678
up €57,678 (+155%), from €37,255 to €94,933
- Staff costs +€38,853
up €38,853 (+192%), from €20,211 to €59,065
- Taxes +€4,197
up €4,197 (+294%), from €1,428 to €5,625
- Financial charges +€1,783
up €1,783 (+74.6%), from €2,392 to €4,175
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 | €80,430 | €158,498 | +€78,068 | +97.1% |
| Fixed assets | 21/28 | €21,222 | €15,519 | -€5,704 | -26.9% |
| Tangible fixed assets | 22/27 | €20,722 | €15,019 | -€5,704 | -27.5% |
| Land and buildings | 22 | €865 | €763 | -€102 | -11.8% |
| Plant, machinery and equipment | 23 | €12,602 | €11,230 | -€1,371 | -10.9% |
| Furniture and vehicles | 24 | €7,256 | €3,025 | -€4,231 | -58.3% |
| Financial fixed assets | 28 | €500 | €500 | = | 0.0% |
| Current assets | 29/58 | €59,207 | €142,979 | +€83,772 | +141% |
| Stocks and contracts in progress | 3 | €31,112 | €62,050 | +€30,938 | +99.4% |
| Stocks | 30/36 | €31,112 | €62,050 | +€30,938 | +99.4% |
| Amounts receivable within one year | 40/41 | €9,303 | €16,412 | +€7,109 | +76.4% |
| Trade receivables | 40 | €8,780 | €15,316 | +€6,536 | +74.4% |
| Other amounts receivable | 41 | €522 | €1,096 | +€574 | +110% |
| Cash at bank and in hand | 54/58 | €14,905 | €51,425 | +€36,520 | +245% |
| Deferred charges and accrued income | 490/1 | €3,887 | €13,092 | +€9,205 | +237% |
| Total equity and liabilities | 10/49 | €80,430 | €158,498 | +€78,068 | +97.1% |
| Equity | 10/15 | €7,958 | €23,833 | +€15,875 | +199% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €5,958 | €21,833 | +€15,875 | +266% |
| Distributable reserves | 133 | €5,958 | €21,833 | +€15,875 | +266% |
| Amounts payable | 17/49 | €72,471 | €134,665 | +€62,193 | +85.8% |
| Amounts payable after more than one year | 17 | €18,876 | €36,563 | +€17,687 | +93.7% |
| Financial debts | 170/4 | €18,876 | €36,563 | +€17,687 | +93.7% |
| Amounts payable within one year | 42/48 | €53,596 | €98,102 | +€44,506 | +83.0% |
| Current portion of amounts payable after more than one year | 42 | €5,561 | €12,368 | +€6,807 | +122% |
| Trade debts | 44 | €26,406 | €46,471 | +€20,065 | +76.0% |
| Suppliers | 440/4 | €26,406 | €46,471 | +€20,065 | +76.0% |
| Taxes, remuneration and social security | 45 | €14,525 | €33,065 | +€18,540 | +128% |
| Taxes | 450/3 | €10,577 | €23,517 | +€12,940 | +122% |
| Remuneration and social security | 454/9 | €3,949 | €9,548 | +€5,600 | +142% |
| Other amounts payable | 47/48 | €7,104 | €6,198 | -€906 | -12.7% |
| Non-recurring operating income | 76A | - | €1,468 | +€1,468 | |
| Remuneration, social security and pensions | 62 | €20,211 | €59,065 | +€38,853 | +192% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,599 | €4,760 | +€161 | +3.5% |
| Other operating charges | 640/8 | €5,561 | €5,551 | -€9 | -0.2% |
| Gross operating margin | 9900 | €37,255 | €94,933 | +€57,678 | +155% |
| Operating profit (loss) | 9901 | €6,884 | €25,557 | +€18,674 | +271% |
| Financial charges | 65/66B | €2,392 | €4,175 | +€1,783 | +74.6% |
| Recurring financial charges | 65 | €2,392 | €4,175 | +€1,783 | +74.6% |
| Profit (loss) for the period before taxes | 9903 | €4,492 | €21,382 | +€16,890 | +376% |
| Income taxes | 67/77 | €1,428 | €5,625 | +€4,197 | +294% |
| Profit (loss) for the period | 9904 | €3,064 | €15,757 | +€12,693 | +414% |
| Profit (loss) for the period to be appropriated | 9905 | €3,064 | €15,757 | +€12,693 | +414% |
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 25 October 2026 via checked.be.