GARAGE WATSON: 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 WATSON
Largest movements
- Stocks and contracts -€2,850
down €2,850 (-100%), from €2,850 to €0
- Cash +€2,783
up €2,783 (+31.0%), from €8,981 to €11,765
mainly Stocks and contracts (+€2,850) and Debts after one year (+€1,020)
- Tax, wage and social debts -€1,319
down €1,319 (-68.5%), from €1,926 to €607
- Debts after one year +€1,020
up €1,020 (+10.0%), from €10,175 to €11,195
- Other debts -€1,020
down €1,020 (-100%), from €1,020 to €0
- Trade debts +€867
up €867 (+682%), from €127 to €994
- Accrued charges and deferred income +€750
new in 2025: €750
- Gross operating margin +€787
up €787 (+78.0%), from -€1,009 to -€222
- Financial charges +€84
up €84 (+140%), from €60 to €143
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 | €11,831 | €11,765 | -€67 | -0.6% |
| Current assets | 29/58 | €11,831 | €11,765 | -€67 | -0.6% |
| Stocks and contracts in progress | 3 | €2,850 | €0 | -€2,850 | -100% |
| Stocks | 30/36 | €2,850 | €0 | -€2,850 | -100% |
| Cash at bank and in hand | 54/58 | €8,981 | €11,765 | +€2,783 | +31.0% |
| Total equity and liabilities | 10/49 | €11,831 | €11,765 | -€67 | -0.6% |
| Equity | 10/15 | -€1,416 | -€1,781 | -€365 | -25.8% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €180 | €180 | = | 0.0% |
| Distributable reserves | 133 | €180 | €180 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€20,188 | -€20,553 | -€365 | -1.8% |
| Amounts payable | 17/49 | €13,248 | €13,546 | +€298 | +2.3% |
| Amounts payable after more than one year | 17 | €10,175 | €11,195 | +€1,020 | +10.0% |
| Financial debts | 170/4 | €10,175 | €11,195 | +€1,020 | +10.0% |
| Amounts payable within one year | 42/48 | €3,073 | €1,601 | -€1,472 | -47.9% |
| Trade debts | 44 | €127 | €994 | +€867 | +682% |
| Suppliers | 440/4 | €127 | €994 | +€867 | +682% |
| Taxes, remuneration and social security | 45 | €1,926 | €607 | -€1,319 | -68.5% |
| Taxes | 450/3 | €1,926 | €607 | -€1,319 | -68.5% |
| Other amounts payable | 47/48 | €1,020 | €0 | -€1,020 | -100% |
| Accrued charges and deferred income | 492/3 | - | €750 | +€750 | |
| Other operating charges | 640/8 | €0 | - | = | |
| Gross operating margin | 9900 | -€1,009 | -€222 | +€787 | +78.0% |
| Operating profit (loss) | 9901 | -€1,009 | -€222 | +€787 | +78.0% |
| Financial charges | 65/66B | €60 | €143 | +€84 | +140% |
| Recurring financial charges | 65 | €60 | €143 | +€84 | +140% |
| Profit (loss) for the period before taxes | 9903 | -€1,068 | -€365 | +€703 | +65.8% |
| Profit (loss) for the period | 9904 | -€1,068 | -€365 | +€703 | +65.8% |
| Profit (loss) for the period to be appropriated | 9905 | -€1,068 | -€365 | +€703 | +65.8% |
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 14 October 2026 via checked.be.