GARAGE V. CHOFFRAY: what changed
What changed
GARAGE V. CHOFFRAY
NACE 95.312, Repair and maintenance of computers, personal and household goods, and motor vehicles and motorcycles
filed annual accounts (NBB)
Net result for the year
€638,082
2024 · €469,221+€168,861
Equity
€4.7m
2024 · €4.0m+€685,658
Cash
€1.3m
2024 · €749,928+€533,947
Balance sheet total
€8.7m
2024 · €7.0m+€1.7m
Largest movements
Assets
- Tangible fixed assets +€921,943
up €921,943 (+22.1%), from €4.2m to €5.1m
of which Leasing and similar rights: +€975,383
- Cash +€533,947
up €533,947 (+71.2%), from €749,928 to €1.3m
mainly Depreciation (+€815,842) and Net result for the year (+€638,082)
- Receivables within one year +€270,014
up €270,014 (+18.2%), from €1.5m to €1.8m
of which Other amounts receivable: +€223,565
Equity and liabilities
- Reserves +€638,082
up €638,082 (+25.0%), from €2.6m to €3.2m
of which Distributable reserves: +€638,082
- Debts after one year +€635,809
up €635,809 (+35.6%), from €1.8m to €2.4m
- Trade debts +€150,819
up €150,819 (+37.0%), from €407,598 to €558,417
- Current portion of long-term debt +€147,278
up €147,278 (+40.4%), from €364,893 to €512,171
- Tax, wage and social debts +€127,271
up €127,271 (+124%), from €102,741 to €230,012
of which Taxes: +€114,335
Income statement
- Gross operating margin +€456,882
up €456,882 (+20.8%), from €2.2m to €2.7m
- Depreciation +€156,082
up €156,082 (+23.7%), from €659,760 to €815,842
- Staff costs +€136,563
up €136,563 (+17.1%), from €796,809 to €933,373
- Financial income +€31,777
up €31,777 (+116%), from €27,341 to €59,118
- Taxes +€30,524
up €30,524 (+15.8%), from €192,751 to €223,275
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
€469,221
Gross operating margin
+€456,882
Staff costs
-€136,563
Depreciation
-€156,082
Write-downs
-€2,043
Other operating charges
+€15,407
Financial income
+€31,777
Financial charges
-€9,993
Taxes
-€30,524
Result 2025
€638,082
raises the resultlowers the result
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
+€1.4m
Investment
-€1.7m
Financing
+€830,662
Cash 2024
€749,928
From operations (derived)
+€1.4m
Net result for the year
+€638,082
Depreciation
+€815,842
Stocks and contracts
+€5,446
Receivables within one year
-€270,014
Deferred charges and accrued income
+€1,945
Trade debts
+€150,819
Tax, wage and social debts
+€127,271
Other debts
-€21,216
Accrued charges and deferred income
-€7,996
Investment (derived)
-€1.7m
Investment in fixed assets (net)
-€1.7m
Financing
+€830,662
Debts after one year
+€635,809
Current portion of long-term debt
+€147,278
Contributions, distributions and other
+€47,576
Cash 2025
€1.3m
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €6,980,303 | €8,697,926 | +€1.7m | +24.6% |
| Fixed assets | 21/28 | €4,174,348 | €5,095,400 | +€921,052 | +22.1% |
| Intangible fixed assets | 21 | €6,403 | €5,513 | -€891 | -13.9% |
| Tangible fixed assets | 22/27 | €4,167,809 | €5,089,752 | +€921,943 | +22.1% |
| Land and buildings | 22 | €1,548,765 | €1,579,344 | +€30,579 | +2.0% |
| Plant, machinery and equipment | 23 | €42,453 | €24,128 | -€18,326 | -43.2% |
| Furniture and vehicles | 24 | €1,464,500 | €1,399,669 | -€64,831 | -4.4% |
| Leasing and similar rights | 25 | €1,111,228 | €2,086,611 | +€975,383 | +87.8% |
| Other tangible fixed assets | 26 | €863 | - | -€863 | |
| Financial fixed assets | 28 | €135 | €135 | = | 0.0% |
| Current assets | 29/58 | €2,805,956 | €3,602,526 | +€796,571 | +28.4% |
| Stocks and contracts in progress | 3 | €484,300 | €478,854 | -€5,446 | -1.1% |
| Stocks | 30/36 | €484,300 | €478,854 | -€5,446 | -1.1% |
| Amounts receivable within one year | 40/41 | €1,487,208 | €1,757,222 | +€270,014 | +18.2% |
| Trade receivables | 40 | €1,444,634 | €1,491,083 | +€46,450 | +3.2% |
| Other amounts receivable | 41 | €42,574 | €266,139 | +€223,565 | +525% |
| Cash at bank and in hand | 54/58 | €749,928 | €1,283,875 | +€533,947 | +71.2% |
| Deferred charges and accrued income | 490/1 | €84,520 | €82,575 | -€1,945 | -2.3% |
| Total equity and liabilities | 10/49 | €6,980,303 | €8,697,926 | +€1.7m | +24.6% |
| Equity | 10/15 | €4,008,615 | €4,694,272 | +€685,658 | +17.1% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €2,553,228 | €3,191,310 | +€638,082 | +25.0% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Tax-exempt reserves | 132 | €103,000 | €103,000 | = | 0.0% |
| Distributable reserves | 133 | €2,444,028 | €3,082,110 | +€638,082 | +26.1% |
| Profit (loss) carried forward | 14 | €1,287,308 | €1,287,308 | = | 0.0% |
| Investment grants | 15 | €106,079 | €153,654 | +€47,576 | +44.8% |
| Amounts payable | 17/49 | €2,971,689 | €4,003,654 | +€1.0m | +34.7% |
| Amounts payable after more than one year | 17 | €1,785,467 | €2,421,276 | +€635,809 | +35.6% |
| Financial debts | 170/4 | €1,785,467 | €2,421,276 | +€635,809 | +35.6% |
| Amounts payable within one year | 42/48 | €1,168,971 | €1,573,123 | +€404,153 | +34.6% |
| Current portion of amounts payable after more than one year | 42 | €364,893 | €512,171 | +€147,278 | +40.4% |
| Trade debts | 44 | €407,598 | €558,417 | +€150,819 | +37.0% |
| Suppliers | 440/4 | €407,598 | €558,417 | +€150,819 | +37.0% |
| Taxes, remuneration and social security | 45 | €102,741 | €230,012 | +€127,271 | +124% |
| Taxes | 450/3 | €16,157 | €130,492 | +€114,335 | +708% |
| Remuneration and social security | 454/9 | €86,584 | €99,520 | +€12,936 | +14.9% |
| Other amounts payable | 47/48 | €293,739 | €272,523 | -€21,216 | -7.2% |
| Accrued charges and deferred income | 492/3 | €17,250 | €9,254 | -€7,996 | -46.4% |
| Remuneration, social security and pensions | 62 | €796,809 | €933,373 | +€136,563 | +17.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €659,760 | €815,842 | +€156,082 | +23.7% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€2,043 | - | +€2,043 | |
| Other operating charges | 640/8 | €63,886 | €48,479 | -€15,407 | -24.1% |
| Gross operating margin | 9900 | €2,198,580 | €2,655,462 | +€456,882 | +20.8% |
| Operating profit (loss) | 9901 | €680,167 | €857,768 | +€177,601 | +26.1% |
| Financial income | 75/76B | €27,341 | €59,118 | +€31,777 | +116% |
| Recurring financial income | 75 | €27,341 | €59,118 | +€31,777 | +116% |
| Financial charges | 65/66B | €45,536 | €55,529 | +€9,993 | +21.9% |
| Recurring financial charges | 65 | €45,536 | €55,529 | +€9,993 | +21.9% |
| Profit (loss) for the period before taxes | 9903 | €661,972 | €861,357 | +€199,386 | +30.1% |
| Income taxes | 67/77 | €192,751 | €223,275 | +€30,524 | +15.8% |
| Profit (loss) for the period | 9904 | €469,221 | €638,082 | +€168,861 | +36.0% |
| Profit (loss) for the period to be appropriated | 9905 | €469,221 | €638,082 | +€168,861 | +36.0% |
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 2 November 2026 via checked.be.