GARCIA SERVICES ENGINEERING: 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.
GARCIA SERVICES ENGINEERING
Largest movements
- Tangible fixed assets -€32,090
down €32,090 (-38.6%), from €83,038 to €50,948
of which Furniture and vehicles: -€30,989
- Cash -€23,959
down €23,959 (-47.7%), from €50,231 to €26,272
mainly Trade debts (-€35,490) and Other debts (-€24,923)
- Receivables within one year -€5,229
down €5,229 (-4.3%), from €122,394 to €117,165
of which Other amounts receivable: -€10,228
- Trade debts -€35,490
down €35,490 (-96.5%), from €36,771 to €1,281
- Other debts -€24,923
no longer reported in 2025 (was €24,923)
- Profit (loss) carried forward +€23,987
up €23,987 (+17.5%), from €136,853 to €160,840
- Tax, wage and social debts -€18,014
down €18,014 (-60.4%), from €29,827 to €11,813
- Short-term financial debts -€6,838
no longer reported in 2025 (was €6,838)
- Gross operating margin +€50,423
up €50,423 (+250%), from €20,204 to €70,627
- Taxes +€10,625
up €10,625 (+2,841%), from €374 to €10,999
- Depreciation +€6,958
up €6,958 (+26.8%), from €25,986 to €32,944
- Other operating charges -€2,903
down €2,903 (-55.0%), from €5,274 to €2,371
- Financial charges -€1,123
down €1,123 (-77.5%), from €1,449 to €326
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 | €255,663 | €194,385 | -€61,278 | -24.0% |
| Fixed assets | 21/28 | €83,038 | €50,948 | -€32,090 | -38.6% |
| Tangible fixed assets | 22/27 | €83,038 | €50,948 | -€32,090 | -38.6% |
| Plant, machinery and equipment | 23 | €55 | €624 | +€569 | +1,035% |
| Furniture and vehicles | 24 | €77,730 | €46,741 | -€30,989 | -39.9% |
| Other tangible fixed assets | 26 | €5,253 | €3,583 | -€1,670 | -31.8% |
| Current assets | 29/58 | €172,625 | €143,437 | -€29,188 | -16.9% |
| Amounts receivable within one year | 40/41 | €122,394 | €117,165 | -€5,229 | -4.3% |
| Trade receivables | 40 | €107,794 | €112,793 | +€4,999 | +4.6% |
| Other amounts receivable | 41 | €14,600 | €4,372 | -€10,228 | -70.1% |
| Cash at bank and in hand | 54/58 | €50,231 | €26,272 | -€23,959 | -47.7% |
| Total equity and liabilities | 10/49 | €255,663 | €194,385 | -€61,278 | -24.0% |
| Equity | 10/15 | €157,304 | €181,291 | +€23,987 | +15.2% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Capital | 10 | €18,592 | - | -€18,592 | |
| Issued capital | 100 | €18,592 | - | -€18,592 | |
| Reserves | 13 | €1,859 | €1,859 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Legal reserve | 130 | €1,859 | - | -€1,859 | |
| Reserves not available under the articles | 1311 | - | €1,859 | +€1,859 | |
| Profit (loss) carried forward | 14 | €136,853 | €160,840 | +€23,987 | +17.5% |
| Amounts payable | 17/49 | €98,359 | €13,094 | -€85,265 | -86.7% |
| Amounts payable within one year | 42/48 | €98,359 | €13,094 | -€85,265 | -86.7% |
| Financial debts | 43 | €6,838 | - | -€6,838 | |
| Credit institutions | 430/8 | €6,838 | - | -€6,838 | |
| Trade debts | 44 | €36,771 | €1,281 | -€35,490 | -96.5% |
| Suppliers | 440/4 | €36,771 | €1,281 | -€35,490 | -96.5% |
| Taxes, remuneration and social security | 45 | €29,827 | €11,813 | -€18,014 | -60.4% |
| Taxes | 450/3 | €29,827 | €11,813 | -€18,014 | -60.4% |
| Other amounts payable | 47/48 | €24,923 | - | -€24,923 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €25,986 | €32,944 | +€6,958 | +26.8% |
| Other operating charges | 640/8 | €5,274 | €2,371 | -€2,903 | -55.0% |
| Gross operating margin | 9900 | €20,204 | €70,627 | +€50,423 | +250% |
| Operating profit (loss) | 9901 | -€11,056 | €35,312 | +€46,368 | |
| Financial income | 75/76B | €18 | - | -€18 | |
| Recurring financial income | 75 | €18 | - | -€18 | |
| Financial charges | 65/66B | €1,449 | €326 | -€1,123 | -77.5% |
| Recurring financial charges | 65 | €1,449 | €326 | -€1,123 | -77.5% |
| Profit (loss) for the period before taxes | 9903 | -€12,487 | €34,986 | +€47,473 | |
| Income taxes | 67/77 | €374 | €10,999 | +€10,625 | +2,841% |
| Profit (loss) for the period | 9904 | -€12,861 | €23,987 | +€36,848 | |
| Profit (loss) for the period to be appropriated | 9905 | -€12,861 | €23,987 | +€36,848 |
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 19 October 2026 via checked.be.