GUERIN GARAGE: what changed
What changed
GUERIN GARAGE
NACE 47.811, Retail sale of cars and light vans (up to 3.5 tonnes)
filed annual accounts (NBB)
Net result for the year
€35,208
2024 · €236,940-€201,732
Equity
€1.6m
2024 · €1.6m+€15,853
Cash
€255,627
2024 · €202,051+€53,576
Balance sheet total
€3.1m
2024 · €3.0m+€102,062
Largest movements
Assets
- Tangible fixed assets -€103,008
down €103,008 (-9.9%), from €1.0m to €937,327
of which Furniture and vehicles: -€93,493
- Receivables within one year +€77,977
up €77,977 (+7.8%), from €1.0m to €1.1m
of which Trade receivables: +€114,691
- Cash +€53,576
up €53,576 (+26.5%), from €202,051 to €255,627
mainly Trade debts (+€262,525) and Depreciation (+€191,375)
- Stocks and contracts +€41,816
up €41,816 (+5.7%), from €733,959 to €775,776
of which Contracts in progress: +€53,810
- Current investments +€33,637
up €33,637 (+6,457%), from €521 to €34,158
Equity and liabilities
- Trade debts +€262,525
up €262,525 (+64.6%), from €406,568 to €669,093
- Debts after one year -€91,053
down €91,053 (-13.4%), from €680,832 to €589,778
of which Financial debts: -€65,536
- Advances received -€62,086
no longer reported in 2025 (was €62,086)
- Provisions +€58,519
up €58,519 (+501%), from €11,689 to €70,208
of which Provisions for liabilities and charges: +€59,783
- Tax, wage and social debts -€36,451
down €36,451 (-31.8%), from €114,489 to €78,038
of which Taxes: -€49,808
Income statement
- Gross operating margin -€73,795
down €73,795 (-6.3%), from €1.2m to €1.1m
- Taxes -€61,907
down €61,907 (-71.0%), from €87,193 to €25,286
- Provisions +€59,783
new in 2025: €59,783
- Other operating charges +€53,503
up €53,503 (+518%), from €10,335 to €63,838
- Financial charges +€42,358
up €42,358 (+228%), from €18,614 to €60,971
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
€236,940
Gross operating margin
-€73,795
Staff costs
-€38,551
Depreciation
+€14,713
Write-downs
+€2,282
Provisions
-€59,783
Other operating charges
-€53,503
Other operating items
+€836
Financial income
-€13,481
Financial charges
-€42,358
Taxes
+€61,907
Result 2025
€35,208
raises the resultlowers the resultnot broken down further in the accounts
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
+€306,994
Investment
-€123,012
Financing
-€130,407
Cash 2024
€202,051
From operations (derived)
+€306,994
Net result for the year
+€35,208
Depreciation
+€191,375
Stocks and contracts
-€41,816
Receivables within one year
-€77,977
Deferred charges and accrued income
+€2,944
Provisions
+€58,519
Trade debts
+€262,525
Tax, wage and social debts
-€36,451
Advances received
-€62,086
Other debts
-€32,000
Accrued charges and deferred income
+€6,755
Investment (derived)
-€123,012
Investment in fixed assets (net)
-€89,374
Current investments
-€33,637
Financing
-€130,407
Debts after one year
-€91,053
Current portion of long-term debt
-€19,999
Contributions, distributions and other
-€19,354
Cash 2025
€255,627
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €3,009,650 | €3,111,713 | +€102,062 | +3.4% |
| Formation expenses | 20 | €0 | €0 | = | |
| Fixed assets | 21/28 | €1,040,413 | €938,413 | -€102,001 | -9.8% |
| Intangible fixed assets | 21 | €0 | €0 | = | |
| Tangible fixed assets | 22/27 | €1,040,335 | €937,327 | -€103,008 | -9.9% |
| Land and buildings | 22 | €775,917 | €785,657 | +€9,740 | +1.3% |
| Plant, machinery and equipment | 23 | €61,039 | €44,766 | -€16,274 | -26.7% |
| Furniture and vehicles | 24 | €197,063 | €103,570 | -€93,493 | -47.4% |
| Leasing and similar rights | 25 | €5,828 | €3,334 | -€2,494 | -42.8% |
| Other tangible fixed assets | 26 | €487 | €0 | -€487 | -100% |
| Financial fixed assets | 28 | €79 | €1,086 | +€1,007 | +1,279% |
| Current assets | 29/58 | €1,969,237 | €2,173,300 | +€204,063 | +10.4% |
| Stocks and contracts in progress | 3 | €733,959 | €775,776 | +€41,816 | +5.7% |
| Stocks | 30/36 | €629,918 | €617,924 | -€11,993 | -1.9% |
| Contracts in progress | 37 | €104,042 | €157,851 | +€53,810 | +51.7% |
| Amounts receivable within one year | 40/41 | €1,000,408 | €1,078,386 | +€77,977 | +7.8% |
| Trade receivables | 40 | €861,169 | €975,859 | +€114,691 | +13.3% |
| Other amounts receivable | 41 | €139,239 | €102,526 | -€36,713 | -26.4% |
| Current investments | 50/53 | €521 | €34,158 | +€33,637 | +6,457% |
| Cash at bank and in hand | 54/58 | €202,051 | €255,627 | +€53,576 | +26.5% |
| Deferred charges and accrued income | 490/1 | €32,298 | €29,354 | -€2,944 | -9.1% |
| Total equity and liabilities | 10/49 | €3,009,650 | €3,111,713 | +€102,062 | +3.4% |
| Equity | 10/15 | €1,551,260 | €1,567,113 | +€15,853 | +1.0% |
| Contributions | 10/11 | €14,260 | €14,260 | = | 0.0% |
| Reserves | 13 | €1,185,016 | €1,219,745 | +€34,728 | +2.9% |
| Tax-exempt reserves | 132 | €163,016 | €184,745 | +€21,728 | +13.3% |
| Distributable reserves | 133 | €1,022,000 | €1,035,000 | +€13,000 | +1.3% |
| Profit (loss) carried forward | 14 | €267,600 | €268,079 | +€479 | +0.2% |
| Investment grants | 15 | €84,384 | €65,029 | -€19,354 | -22.9% |
| Provisions and deferred taxes | 16 | €11,689 | €70,208 | +€58,519 | +501% |
| Provisions for liabilities and charges | 160/5 | - | €59,783 | +€59,783 | |
| Other liabilities and charges | 164/5 | - | €59,783 | +€59,783 | |
| Deferred taxes | 168 | €11,689 | €10,425 | -€1,264 | -10.8% |
| Amounts payable | 17/49 | €1,446,701 | €1,474,392 | +€27,691 | +1.9% |
| Amounts payable after more than one year | 17 | €680,832 | €589,778 | -€91,053 | -13.4% |
| Financial debts | 170/4 | €652,244 | €586,708 | -€65,536 | -10.0% |
| Other amounts payable | 178/9 | €28,587 | €3,070 | -€25,518 | -89.3% |
| Amounts payable within one year | 42/48 | €765,144 | €877,133 | +€111,989 | +14.6% |
| Current portion of amounts payable after more than one year | 42 | €150,000 | €130,001 | -€19,999 | -13.3% |
| Trade debts | 44 | €406,568 | €669,093 | +€262,525 | +64.6% |
| Suppliers | 440/4 | €406,568 | €669,093 | +€262,525 | +64.6% |
| Advances received on contracts in progress | 46 | €62,086 | - | -€62,086 | |
| Taxes, remuneration and social security | 45 | €114,489 | €78,038 | -€36,451 | -31.8% |
| Taxes | 450/3 | €54,536 | €4,728 | -€49,808 | -91.3% |
| Remuneration and social security | 454/9 | €59,953 | €73,310 | +€13,357 | +22.3% |
| Other amounts payable | 47/48 | €32,000 | €0 | -€32,000 | -100% |
| Accrued charges and deferred income | 492/3 | €726 | €7,481 | +€6,755 | +930% |
| Remuneration, social security and pensions | 62 | €637,723 | €676,274 | +€38,551 | +6.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €206,088 | €191,375 | -€14,713 | -7.1% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €4,493 | €2,211 | -€2,282 | -50.8% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | - | €59,783 | +€59,783 | |
| Other operating charges | 640/8 | €10,335 | €63,838 | +€53,503 | +518% |
| Non-recurring operating charges | 66A | €899 | €64 | -€836 | -92.9% |
| Gross operating margin | 9900 | €1,167,087 | €1,093,292 | -€73,795 | -6.3% |
| Operating profit (loss) | 9901 | €307,549 | €99,748 | -€207,801 | -67.6% |
| Financial income | 75/76B | €33,933 | €20,453 | -€13,481 | -39.7% |
| Recurring financial income | 75 | €33,933 | €20,453 | -€13,481 | -39.7% |
| Financial charges | 65/66B | €18,614 | €60,971 | +€42,358 | +228% |
| Recurring financial charges | 65 | €18,614 | €60,971 | +€42,358 | +228% |
| Profit (loss) for the period before taxes | 9903 | €322,869 | €59,229 | -€263,640 | -81.7% |
| Transfer from deferred taxes | 780 | €1,264 | €1,264 | = | 0.0% |
| Income taxes | 67/77 | €87,193 | €25,286 | -€61,907 | -71.0% |
| Profit (loss) for the period | 9904 | €236,940 | €35,208 | -€201,732 | -85.1% |
| Transfer from tax-exempt reserves | 789 | €3,793 | €3,793 | = | 0.0% |
| Transfer to tax-exempt reserves | 689 | €109,199 | €25,521 | -€83,678 | -76.6% |
| Profit (loss) for the period to be appropriated | 9905 | €131,534 | €13,479 | -€118,055 | -89.8% |
Next steps
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 4 November 2026 via checked.be.