MTM GARAGE: 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.
MTM GARAGE
Largest movements
- Cash -€39,538
down €39,538 (-43.0%), from €91,903 to €52,365
mainly Contributions, distributions and other (-€21,429) and Other debts (-€15,000)
- Tangible fixed assets -€12,002
down €12,002 (-7.9%), from €151,825 to €139,823
of which Land and buildings: -€7,409
- Receivables within one year +€8,485
up €8,485 (+97.8%), from €8,673 to €17,157
of which Trade receivables: +€7,862
- Other debts -€15,000
down €15,000 (-50.0%), from €30,000 to €15,000
- Current portion of long-term debt -€10,287
down €10,287 (-53.6%), from €19,207 to €8,920
- Trade debts -€10,257
down €10,257 (-42.0%), from €24,433 to €14,176
- Debts after one year -€8,920
down €8,920 (-11.4%), from €78,446 to €69,526
- Reserves +€8,000
up €8,000 (+8.4%), from €94,950 to €102,950
- Gross operating margin +€25,067
up €25,067 (+23.4%), from €107,343 to €132,410
- Staff costs +€23,643
up €23,643 (+45.6%), from €51,902 to €75,544
- Other operating charges -€3,532
down €3,532 (-76.7%), from €4,604 to €1,072
- Taxes -€3,018
down €3,018 (-47.4%), from €6,362 to €3,343
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 | €279,920 | €236,139 | -€43,781 | -15.6% |
| Fixed assets | 21/28 | €154,787 | €140,948 | -€13,840 | -8.9% |
| Intangible fixed assets | 21 | €2,450 | €613 | -€1,838 | -75.0% |
| Tangible fixed assets | 22/27 | €151,825 | €139,823 | -€12,002 | -7.9% |
| Land and buildings | 22 | €112,541 | €105,132 | -€7,409 | -6.6% |
| Plant, machinery and equipment | 23 | €39,078 | €33,106 | -€5,972 | -15.3% |
| Furniture and vehicles | 24 | - | €1,585 | +€1,585 | |
| Leasing and similar rights | 25 | €206 | - | -€206 | |
| Financial fixed assets | 28 | €512 | €512 | = | 0.0% |
| Current assets | 29/58 | €125,132 | €95,191 | -€29,941 | -23.9% |
| Stocks and contracts in progress | 3 | €24,545 | €24,096 | -€449 | -1.8% |
| Stocks | 30/36 | €24,545 | €24,096 | -€449 | -1.8% |
| Amounts receivable within one year | 40/41 | €8,673 | €17,157 | +€8,485 | +97.8% |
| Trade receivables | 40 | €8,477 | €16,339 | +€7,862 | +92.8% |
| Other amounts receivable | 41 | €196 | €818 | +€623 | +318% |
| Cash at bank and in hand | 54/58 | €91,903 | €52,365 | -€39,538 | -43.0% |
| Deferred charges and accrued income | 490/1 | €12 | €1,572 | +€1,560 | +13,002% |
| Total equity and liabilities | 10/49 | €279,920 | €236,139 | -€43,781 | -15.6% |
| Equity | 10/15 | €95,708 | €104,183 | +€8,475 | +8.9% |
| Reserves | 13 | €94,950 | €102,950 | +€8,000 | +8.4% |
| Distributable reserves | 133 | €94,950 | €102,950 | +€8,000 | +8.4% |
| Profit (loss) carried forward | 14 | €758 | €1,233 | +€475 | +62.6% |
| Amounts payable | 17/49 | €184,211 | €131,956 | -€52,256 | -28.4% |
| Amounts payable after more than one year | 17 | €78,446 | €69,526 | -€8,920 | -11.4% |
| Financial debts | 170/4 | €78,446 | €69,526 | -€8,920 | -11.4% |
| Amounts payable within one year | 42/48 | €105,765 | €62,430 | -€43,335 | -41.0% |
| Current portion of amounts payable after more than one year | 42 | €19,207 | €8,920 | -€10,287 | -53.6% |
| Trade debts | 44 | €24,433 | €14,176 | -€10,257 | -42.0% |
| Suppliers | 440/4 | €24,433 | €14,176 | -€10,257 | -42.0% |
| Taxes, remuneration and social security | 45 | €32,124 | €24,334 | -€7,791 | -24.3% |
| Taxes | 450/3 | €24,753 | €15,341 | -€9,412 | -38.0% |
| Remuneration and social security | 454/9 | €7,372 | €8,993 | +€1,621 | +22.0% |
| Other amounts payable | 47/48 | €30,000 | €15,000 | -€15,000 | -50.0% |
| Non-recurring operating income | 76A | €50 | - | -€50 | |
| Remuneration, social security and pensions | 62 | €51,902 | €75,544 | +€23,643 | +45.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €19,511 | €18,480 | -€1,031 | -5.3% |
| Other operating charges | 640/8 | €4,604 | €1,072 | -€3,532 | -76.7% |
| Gross operating margin | 9900 | €107,343 | €132,410 | +€25,067 | +23.4% |
| Operating profit (loss) | 9901 | €31,327 | €37,314 | +€5,987 | +19.1% |
| Financial charges | 65/66B | €3,754 | €4,067 | +€313 | +8.3% |
| Recurring financial charges | 65 | €3,754 | €4,067 | +€313 | +8.3% |
| Profit (loss) for the period before taxes | 9903 | €27,573 | €33,247 | +€5,673 | +20.6% |
| Income taxes | 67/77 | €6,362 | €3,343 | -€3,018 | -47.4% |
| Profit (loss) for the period | 9904 | €21,211 | €29,903 | +€8,692 | +41.0% |
| Profit (loss) for the period to be appropriated | 9905 | €21,211 | €29,903 | +€8,692 | +41.0% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 17 October 2026 via checked.be.