Garage Bogaerts: 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 Bogaerts
Largest movements
- Receivables within one year -€30,870
down €30,870 (-44.6%), from €69,213 to €38,343
of which Trade receivables: -€21,655
- Stocks and contracts -€8,250
down €8,250 (-6.9%), from €119,700 to €111,450
- Cash -€3,858
down €3,858 (-34.2%), from €11,293 to €7,435
mainly Trade debts (-€36,343) and Debts after one year (-€12,383)
- Tangible fixed assets -€2,785
down €2,785 (-4.7%), from €59,444 to €56,659
of which Land and buildings: -€2,087
- Trade debts -€36,343
down €36,343 (-58.3%), from €62,356 to €26,013
- Debts after one year -€12,383
down €12,383 (-8.4%), from €147,678 to €135,295
- Other debts +€9,934
up €9,934 (+183%), from €5,434 to €15,368
- Tax, wage and social debts -€7,052
down €7,052 (-56.3%), from €12,532 to €5,481
of which Taxes: -€6,988
- Gross operating margin -€25,080
down €25,080 (-20.0%), from €125,141 to €100,061
- Staff costs -€2,958
down €2,958 (-3.2%), from €92,720 to €89,762
- Taxes -€2,932
down €2,932 (-90.9%), from €3,224 to €292
- Financial charges +€1,600
up €1,600 (+58.6%), from €2,731 to €4,331
- Depreciation -€1,571
down €1,571 (-36.1%), from €4,356 to €2,785
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.
Derived cash bridge
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 | €261,672 | €216,775 | -€44,897 | -17.2% |
| Fixed assets | 21/28 | €59,444 | €56,659 | -€2,785 | -4.7% |
| Tangible fixed assets | 22/27 | €59,444 | €56,659 | -€2,785 | -4.7% |
| Land and buildings | 22 | €58,605 | €56,517 | -€2,087 | -3.6% |
| Plant, machinery and equipment | 23 | €0 | €0 | = | |
| Furniture and vehicles | 24 | €839 | €142 | -€698 | -83.1% |
| Current assets | 29/58 | €202,228 | €160,116 | -€42,111 | -20.8% |
| Stocks and contracts in progress | 3 | €119,700 | €111,450 | -€8,250 | -6.9% |
| Stocks | 30/36 | €119,700 | €111,450 | -€8,250 | -6.9% |
| Amounts receivable within one year | 40/41 | €69,213 | €38,343 | -€30,870 | -44.6% |
| Trade receivables | 40 | €59,998 | €38,343 | -€21,655 | -36.1% |
| Other amounts receivable | 41 | €9,215 | - | -€9,215 | |
| Cash at bank and in hand | 54/58 | €11,293 | €7,435 | -€3,858 | -34.2% |
| Deferred charges and accrued income | 490/1 | €2,021 | €2,888 | +€866 | +42.9% |
| Total equity and liabilities | 10/49 | €261,672 | €216,775 | -€44,897 | -17.2% |
| Equity | 10/15 | -€11,627 | -€11,772 | -€145 | -1.2% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€17,827 | -€17,972 | -€145 | -0.8% |
| Amounts payable | 17/49 | €273,299 | €228,547 | -€44,752 | -16.4% |
| Amounts payable after more than one year | 17 | €147,678 | €135,295 | -€12,383 | -8.4% |
| Financial debts | 170/4 | €147,678 | €135,295 | -€12,383 | -8.4% |
| Amounts payable within one year | 42/48 | €125,621 | €93,253 | -€32,369 | -25.8% |
| Financial debts | 43 | €45,299 | €46,390 | +€1,092 | +2.4% |
| Credit institutions | 430/8 | €45,299 | €46,390 | +€1,092 | +2.4% |
| Trade debts | 44 | €62,356 | €26,013 | -€36,343 | -58.3% |
| Suppliers | 440/4 | €62,356 | €26,013 | -€36,343 | -58.3% |
| Taxes, remuneration and social security | 45 | €12,532 | €5,481 | -€7,052 | -56.3% |
| Taxes | 450/3 | €9,521 | €2,533 | -€6,988 | -73.4% |
| Remuneration and social security | 454/9 | €3,012 | €2,948 | -€64 | -2.1% |
| Other amounts payable | 47/48 | €5,434 | €15,368 | +€9,934 | +183% |
| Non-recurring operating income | 76A | - | €7,025 | +€7,025 | |
| Remuneration, social security and pensions | 62 | €92,720 | €89,762 | -€2,958 | -3.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,356 | €2,785 | -€1,571 | -36.1% |
| Other operating charges | 640/8 | €2,678 | €3,056 | +€379 | +14.1% |
| Gross operating margin | 9900 | €125,141 | €100,061 | -€25,080 | -20.0% |
| Operating profit (loss) | 9901 | €25,387 | €4,457 | -€20,930 | -82.4% |
| Financial income | 75/76B | €4 | €21 | +€17 | +461% |
| Recurring financial income | 75 | €4 | €21 | +€17 | +461% |
| Financial charges | 65/66B | €2,731 | €4,331 | +€1,600 | +58.6% |
| Recurring financial charges | 65 | €2,731 | €4,331 | +€1,600 | +58.6% |
| Profit (loss) for the period before taxes | 9903 | €22,660 | €148 | -€22,512 | -99.3% |
| Income taxes | 67/77 | €3,224 | €292 | -€2,932 | -90.9% |
| Profit (loss) for the period | 9904 | €19,436 | -€145 | -€19,581 | |
| Profit (loss) for the period to be appropriated | 9905 | €19,436 | -€145 | -€19,581 |
Source: filed annual accounts (NBB), financial years ended 30 September 2023 and 30 September 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 26 October 2026 via checked.be.