AUTO GARIK: what changed
Two fiscal 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.
AUTO GARIK
Largest movements
- Tangible fixed assets +€861,338
up €861,338 (+125.5%), from €686,237 to €1.5m
of which Furniture and vehicles: +€877,371
- Cash -€164,345
down €164,345 (-56.6%), from €290,373 to €126,028
mainly Investment in fixed assets (net) (-€1.1m) and Trade debts (-€66,917)
- Stocks and contracts -€52,518
down €52,518 (-15.0%), from €349,694 to €297,177
of which Stocks: -€83,162
- Deferred charges and accrued income +€42,400
up €42,400 (+34.5%), from €122,964 to €165,364
- Advances received +€524,440
up €524,440 (+41.5%), from €1.3m to €1.8m
- Debts after one year +€144,295
up €144,295 (+442.8%), from €32,590 to €176,885
of which Financial debts: +€144,295
- Trade debts -€66,917
down €66,917 (-100.0%), from €66,917 to €0
- Current portion of long-term debt +€48,111
up €48,111 (+250.6%), from €19,200 to €67,311
- Profit (loss) carried forward +€24,993
up €24,993 (+68.9%), from €36,260 to €61,253
- Purchases and services -€3.8m
down €3.8m (-42.6%), from €9.0m to €5.2m
- Turnover -€3.7m
down €3.7m (-40.9%), from €9.1m to €5.4m
- Gross operating margin +€296,910
up €296,910 (+231.7%), from €128,132 to €425,043
- Depreciation +€218,727
up €218,727 (+381.1%), from €57,390 to €276,117
From the 2023 result to the 2024 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.
Cash bridge derived
Derived from the 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,540,757 | €2,227,496 | +€686,739 | +44.6% |
| Fixed assets | 21/28 | €689,781 | €1,551,119 | +€861,338 | +124.9% |
| Tangible fixed assets | 22/27 | €686,237 | €1,547,575 | +€861,338 | +125.5% |
| Plant, machinery and equipment | 23 | €37,485 | €22,852 | -€14,633 | -39.0% |
| Furniture and vehicles | 24 | €645,771 | €1,523,142 | +€877,371 | +135.9% |
| Other tangible fixed assets | 26 | €2,980 | €1,580 | -€1,400 | -47.0% |
| Financial fixed assets | 28 | €3,544 | €3,544 | = | 0.0% |
| Current assets | 29/58 | €850,976 | €676,377 | -€174,599 | -20.5% |
| Stocks and contracts in progress | 3 | €349,694 | €297,177 | -€52,518 | -15.0% |
| Stocks | 30/36 | €349,694 | €266,532 | -€83,162 | -23.8% |
| Contracts in progress | 37 | - | €30,645 | +€30,645 | |
| Amounts receivable within one year | 40/41 | €87,945 | €87,809 | -€136 | -0.2% |
| Trade receivables | 40 | €11,601 | €71,958 | +€60,357 | +520.3% |
| Other amounts receivable | 41 | €76,344 | €15,851 | -€60,493 | -79.2% |
| Cash at bank and in hand | 54/58 | €290,373 | €126,028 | -€164,345 | -56.6% |
| Deferred charges and accrued income | 490/1 | €122,964 | €165,364 | +€42,400 | +34.5% |
| Total equity and liabilities | 10/49 | €1,540,757 | €2,227,496 | +€686,739 | +44.6% |
| Equity | 10/15 | €136,741 | €161,734 | +€24,993 | +18.3% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Outside capital | 11 | - | €18,600 | +€18,600 | |
| Other | 1109/19 | - | €18,600 | +€18,600 | |
| Reserves | 13 | €81,881 | €81,881 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €80,021 | €80,021 | = | 0.0% |
| Profit (loss) carried forward | 14 | €36,260 | €61,253 | +€24,993 | +68.9% |
| Amounts payable | 17/49 | €1,404,016 | €2,065,762 | +€661,746 | +47.1% |
| Amounts payable after more than one year | 17 | €32,590 | €176,885 | +€144,295 | +442.8% |
| Financial debts | 170/4 | €32,590 | €176,885 | +€144,295 | +442.8% |
| Other amounts payable | 178/9 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €1,371,426 | €1,888,877 | +€517,451 | +37.7% |
| Current portion of amounts payable after more than one year | 42 | €19,200 | €67,311 | +€48,111 | +250.6% |
| Trade debts | 44 | €66,917 | €0 | -€66,917 | -100.0% |
| Suppliers | 440/4 | €66,917 | - | -€66,917 | |
| Advances received on contracts in progress | 46 | €1,263,842 | €1,788,282 | +€524,440 | +41.5% |
| Taxes, remuneration and social security | 45 | €21,467 | €29,418 | +€7,951 | +37.0% |
| Taxes | 450/3 | €19,867 | €29,418 | +€9,551 | +48.1% |
| Remuneration and social security | 454/9 | €1,600 | €0 | -€1,600 | -100.0% |
| Other amounts payable | 47/48 | €0 | €3,866 | +€3,866 | |
| Turnover | 70 | €9,124,424 | €5,391,497 | -€3.7m | -40.9% |
| Non-recurring operating income | 76A | - | €159,089 | +€159,089 | |
| Goods, raw materials, services and sundry goods | 60/61 | €9,005,491 | €5,166,051 | -€3.8m | -42.6% |
| Remuneration, social security and pensions | 62 | - | €0 | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €57,390 | €276,117 | +€218,727 | +381.1% |
| Other operating charges | 640/8 | €17,173 | €105,068 | +€87,896 | +511.8% |
| Non-recurring operating charges | 66A | €1,200 | - | -€1,200 | |
| Gross operating margin | 9900 | €128,132 | €425,043 | +€296,910 | +231.7% |
| Operating profit (loss) | 9901 | €52,370 | €43,858 | -€8,512 | -16.3% |
| Financial income | 75/76B | €5,988 | €649 | -€5,339 | -89.2% |
| Recurring financial income | 75 | €5,988 | €649 | -€5,339 | -89.2% |
| Non-recurring financial income | 76B | €0 | - | = | |
| Financial charges | 65/66B | €2,736 | €10,344 | +€7,608 | +278.1% |
| Recurring financial charges | 65 | €2,736 | €10,344 | +€7,608 | +278.1% |
| Profit (loss) for the period before taxes | 9903 | €55,622 | €34,163 | -€21,459 | -38.6% |
| Income taxes | 67/77 | €18,560 | €9,170 | -€9,390 | -50.6% |
| Profit (loss) for the period | 9904 | €37,062 | €24,993 | -€12,069 | -32.6% |
| Profit (loss) for the period to be appropriated | 9905 | €37,062 | €24,993 | -€12,069 | -32.6% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.