GARAGE BUYS: 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 BUYS
Largest movements
- Cash +€13,056
up €13,056 (+129%), from €10,095 to €23,152
mainly Short-term financial debts (+€45,063) and Tax, wage and social debts (+€43,773)
- Receivables within one year +€12,819
up €12,819 (+22.0%), from €58,278 to €71,097
of which Trade receivables: +€14,973
- Trade debts -€61,357
down €61,357 (-20.1%), from €305,921 to €244,564
- Short-term financial debts +€45,063
up €45,063 (+569%), from €7,922 to €52,985
- Tax, wage and social debts +€43,773
up €43,773 (+126%), from €34,784 to €78,558
of which Taxes: +€32,019
- Profit (loss) carried forward +€34,567
up €34,567, from -€32,018 to €2,548
- Debts after one year -€25,069
down €25,069 (-17.8%), from €140,573 to €115,505
- Staff costs +€51,309
up €51,309 (+20.6%), from €248,827 to €300,135
- Gross operating margin +€47,572
up €47,572 (+12.1%), from €393,415 to €440,987
- Provisions +€20,000
new in 2022: €20,000
- Taxes +€18,506
up €18,506 (+15,817%), from €117 to €18,623
- Depreciation -€13,035
down €13,035 (-24.6%), from €53,059 to €40,023
From the 2021 result to the 2022 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 2021 and 2022 balance sheets and the 2022 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2021 | 2022 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €785,785 | €823,752 | +€37,967 | +4.8% |
| Fixed assets | 21/28 | €284,182 | €290,479 | +€6,297 | +2.2% |
| Tangible fixed assets | 22/27 | €283,581 | €289,878 | +€6,297 | +2.2% |
| Land and buildings | 22 | €192,905 | €173,615 | -€19,291 | -10.0% |
| Plant, machinery and equipment | 23 | €15,502 | €14,036 | -€1,466 | -9.5% |
| Furniture and vehicles | 24 | €44,757 | €39,820 | -€4,937 | -11.0% |
| Other tangible fixed assets | 26 | €30,417 | €62,408 | +€31,991 | +105% |
| Financial fixed assets | 28 | €601 | €601 | = | 0.0% |
| Current assets | 29/58 | €501,603 | €533,273 | +€31,670 | +6.3% |
| Stocks and contracts in progress | 3 | €433,230 | €439,025 | +€5,794 | +1.3% |
| Stocks | 30/36 | €433,230 | €439,025 | +€5,794 | +1.3% |
| Amounts receivable within one year | 40/41 | €58,278 | €71,097 | +€12,819 | +22.0% |
| Trade receivables | 40 | €44,185 | €59,158 | +€14,973 | +33.9% |
| Other amounts receivable | 41 | €14,093 | €11,938 | -€2,155 | -15.3% |
| Cash at bank and in hand | 54/58 | €10,095 | €23,152 | +€13,056 | +129% |
| Total equity and liabilities | 10/49 | €785,785 | €823,752 | +€37,967 | +4.8% |
| Equity | 10/15 | €166,582 | €201,148 | +€34,567 | +20.8% |
| Contributions | 10/11 | €198,600 | €198,600 | = | 0.0% |
| Contributions outside capital | 11 | €198,600 | - | -€198,600 | |
| Other | 1109/19 | €198,600 | - | -€198,600 | |
| Profit (loss) carried forward | 14 | -€32,018 | €2,548 | +€34,567 | |
| Provisions and deferred taxes | 16 | €11,938 | €31,938 | +€20,000 | +168% |
| Provisions for liabilities and charges | 160/5 | €11,938 | €31,938 | +€20,000 | +168% |
| Other liabilities and charges | 164/5 | €11,938 | €31,938 | +€20,000 | +168% |
| Amounts payable | 17/49 | €607,265 | €590,666 | -€16,600 | -2.7% |
| Amounts payable after more than one year | 17 | €140,573 | €115,505 | -€25,069 | -17.8% |
| Financial debts | 170/4 | €140,573 | €115,505 | -€25,069 | -17.8% |
| Amounts payable within one year | 42/48 | €465,442 | €473,911 | +€8,469 | +1.8% |
| Current portion of amounts payable after more than one year | 42 | €69,229 | €74,481 | +€5,251 | +7.6% |
| Financial debts | 43 | €7,922 | €52,985 | +€45,063 | +569% |
| Credit institutions | 430/8 | €7,922 | €52,985 | +€45,063 | +569% |
| Trade debts | 44 | €305,921 | €244,564 | -€61,357 | -20.1% |
| Suppliers | 440/4 | €305,921 | €244,564 | -€61,357 | -20.1% |
| Taxes, remuneration and social security | 45 | €34,784 | €78,558 | +€43,773 | +126% |
| Taxes | 450/3 | €200 | €32,219 | +€32,019 | +16,008% |
| Remuneration and social security | 454/9 | €34,584 | €46,339 | +€11,755 | +34.0% |
| Other amounts payable | 47/48 | €47,585 | €23,323 | -€24,262 | -51.0% |
| Accrued charges and deferred income | 492/3 | €1,250 | €1,250 | = | 0.0% |
| Remuneration, social security and pensions | 62 | €248,827 | €300,135 | +€51,309 | +20.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €53,059 | €40,023 | -€13,035 | -24.6% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | - | €20,000 | +€20,000 | |
| Other operating charges | 640/8 | €19,918 | €13,793 | -€6,125 | -30.7% |
| Non-recurring operating charges | 66A | - | €2,028 | +€2,028 | |
| Gross operating margin | 9900 | €393,415 | €440,987 | +€47,572 | +12.1% |
| Operating profit (loss) | 9901 | €71,612 | €65,007 | -€6,605 | -9.2% |
| Financial income | 75/76B | €733 | €315 | -€419 | -57.1% |
| Recurring financial income | 75 | €733 | €315 | -€419 | -57.1% |
| Financial charges | 65/66B | €14,800 | €12,132 | -€2,668 | -18.0% |
| Recurring financial charges | 65 | €14,264 | €11,954 | -€2,310 | -16.2% |
| Non-recurring financial charges | 66B | €536 | €177 | -€358 | -66.9% |
| Profit (loss) for the period before taxes | 9903 | €57,545 | €53,190 | -€4,355 | -7.6% |
| Income taxes | 67/77 | €117 | €18,623 | +€18,506 | +15,817% |
| Profit (loss) for the period | 9904 | €57,428 | €34,567 | -€22,862 | -39.8% |
| Profit (loss) for the period to be appropriated | 9905 | €57,428 | €34,567 | -€22,862 | -39.8% |
Source: filed annual accounts (NBB), financial years ended 31 December 2021 and 31 December 2022. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 25 October 2026 via checked.be.