GARAGE VAN TROOS: 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 VAN TROOS
Largest movements
- Cash +€106,512
up €106,512 (+53.6%), from €198,640 to €305,151
mainly Current portion of long-term debt (+€196,000) and Net result for the year (+€152,752)
- Stocks and contracts -€81,937
down €81,937 (-31.5%), from €259,927 to €177,990
- Tangible fixed assets -€61,625
down €61,625 (-23.2%), from €266,055 to €204,430
of which Land and buildings: -€64,500
- Receivables within one year +€34,776
up €34,776 (+42.1%), from €82,588 to €117,364
of which Trade receivables: +€33,480
- Deferred charges and accrued income +€17,342
up €17,342 (+49.5%), from €35,006 to €52,348
- Other debts -€199,060
down €199,060 (-98.7%), from €201,721 to €2,662
- Current portion of long-term debt +€196,000
new in 2025: €196,000
- Profit (loss) carried forward +€152,752
up €152,752 (+49.8%), from €306,994 to €459,745
- Trade debts -€111,091
down €111,091 (-41.5%), from €267,938 to €156,847
- Short-term financial debts -€12,755
down €12,755 (-100%), from €12,755 to €0
- Gross operating margin -€106,364
down €106,364 (-15.3%), from €695,900 to €589,536
- Staff costs -€49,492
down €49,492 (-15.3%), from €323,582 to €274,090
- Taxes -€17,286
down €17,286 (-24.7%), from €70,032 to €52,746
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 | €870,256 | €886,500 | +€16,244 | +1.9% |
| Fixed assets | 21/28 | €267,516 | €207,066 | -€60,450 | -22.6% |
| Intangible fixed assets | 21 | €1,461 | €2,636 | +€1,175 | +80.4% |
| Tangible fixed assets | 22/27 | €266,055 | €204,430 | -€61,625 | -23.2% |
| Land and buildings | 22 | €226,279 | €161,779 | -€64,500 | -28.5% |
| Plant, machinery and equipment | 23 | €34,709 | €32,798 | -€1,910 | -5.5% |
| Furniture and vehicles | 24 | €5,067 | €9,853 | +€4,786 | +94.5% |
| Current assets | 29/58 | €602,741 | €679,434 | +€76,693 | +12.7% |
| Stocks and contracts in progress | 3 | €259,927 | €177,990 | -€81,937 | -31.5% |
| Stocks | 30/36 | €259,927 | €177,990 | -€81,937 | -31.5% |
| Amounts receivable within one year | 40/41 | €82,588 | €117,364 | +€34,776 | +42.1% |
| Trade receivables | 40 | €71,588 | €105,068 | +€33,480 | +46.8% |
| Other amounts receivable | 41 | €11,000 | €12,296 | +€1,296 | +11.8% |
| Current investments | 50/53 | €26,580 | €26,580 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €198,640 | €305,151 | +€106,512 | +53.6% |
| Deferred charges and accrued income | 490/1 | €35,006 | €52,348 | +€17,342 | +49.5% |
| Total equity and liabilities | 10/49 | €870,256 | €886,500 | +€16,244 | +1.9% |
| Equity | 10/15 | €347,996 | €500,747 | +€152,752 | +43.9% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Capital | 10 | €12,400 | €12,400 | = | 0.0% |
| Issued capital | 100 | €18,592 | €18,592 | = | 0.0% |
| Uncalled capital | 101 | €6,192 | €6,192 | = | 0.0% |
| Reserves | 13 | €28,602 | €28,602 | = | 0.0% |
| Non-distributable reserves | 130/1 | €20,609 | €20,609 | = | 0.0% |
| Legal reserve | 130 | €1,859 | €1,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | €18,750 | €18,750 | = | 0.0% |
| Distributable reserves | 133 | €7,993 | €7,993 | = | 0.0% |
| Profit (loss) carried forward | 14 | €306,994 | €459,745 | +€152,752 | +49.8% |
| Amounts payable | 17/49 | €522,260 | €385,753 | -€136,508 | -26.1% |
| Amounts payable within one year | 42/48 | €518,158 | €379,414 | -€138,744 | -26.8% |
| Current portion of amounts payable after more than one year | 42 | - | €196,000 | +€196,000 | |
| Financial debts | 43 | €12,755 | €0 | -€12,755 | -100% |
| Credit institutions | 430/8 | €12,755 | €0 | -€12,755 | -100% |
| Trade debts | 44 | €267,938 | €156,847 | -€111,091 | -41.5% |
| Suppliers | 440/4 | €267,938 | €156,847 | -€111,091 | -41.5% |
| Taxes, remuneration and social security | 45 | €35,744 | €23,905 | -€11,839 | -33.1% |
| Taxes | 450/3 | €19,451 | €10,261 | -€9,190 | -47.2% |
| Remuneration and social security | 454/9 | €16,293 | €13,644 | -€2,649 | -16.3% |
| Other amounts payable | 47/48 | €201,721 | €2,662 | -€199,060 | -98.7% |
| Accrued charges and deferred income | 492/3 | €4,102 | €6,339 | +€2,237 | +54.5% |
| Remuneration, social security and pensions | 62 | €323,582 | €274,090 | -€49,492 | -15.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €78,706 | €80,380 | +€1,674 | +2.1% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €2,729 | +€2,729 | |
| Other operating charges | 640/8 | €22,060 | €22,149 | +€88 | +0.4% |
| Gross operating margin | 9900 | €695,900 | €589,536 | -€106,364 | -15.3% |
| Operating profit (loss) | 9901 | €271,551 | €210,188 | -€61,363 | -22.6% |
| Financial income | 75/76B | €204 | €278 | +€73 | +35.9% |
| Recurring financial income | 75 | €204 | €278 | +€73 | +35.9% |
| Financial charges | 65/66B | €3,011 | €4,968 | +€1,958 | +65.0% |
| Recurring financial charges | 65 | €3,011 | €4,968 | +€1,958 | +65.0% |
| Profit (loss) for the period before taxes | 9903 | €268,745 | €205,497 | -€63,248 | -23.5% |
| Income taxes | 67/77 | €70,032 | €52,746 | -€17,286 | -24.7% |
| Profit (loss) for the period | 9904 | €198,713 | €152,752 | -€45,961 | -23.1% |
| Profit (loss) for the period to be appropriated | 9905 | €198,713 | €152,752 | -€45,961 | -23.1% |
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 27 October 2026 via checked.be.