GARAGE DAMIENS: 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 DAMIENS
Largest movements
- Tangible fixed assets +€9,108
up €9,108, from €0 to €9,108
of which Land and buildings: +€8,298
- Stocks and contracts +€6,452
up €6,452 (+4.8%), from €134,298 to €140,750
- Receivables within one year -€3,953
down €3,953 (-1.9%), from €210,097 to €206,143
of which Other amounts receivable: -€13,050
- Trade debts +€27,241
up €27,241 (+72.1%), from €37,778 to €65,019
- Debts after one year -€20,892
down €20,892 (-92.2%), from €22,654 to €1,763
- Reserves +€5,976
up €5,976 (+3.8%), from €155,837 to €161,813
of which Distributable reserves: +€5,976
- Gross operating margin -€14,801
down €14,801 (-16.5%), from €89,440 to €74,639
- Other operating charges -€9,773
down €9,773 (-61.4%), from €15,910 to €6,137
- Financial charges -€4,219
down €4,219 (-37.6%), from €11,223 to €7,004
- Depreciation +€1,736
up €1,736 (+5,785,100%), from €0 to €1,736
- Staff costs +€1,125
up €1,125 (+1.9%), from €57,834 to €58,960
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 | €354,310 | €365,968 | +€11,658 | +3.3% |
| Fixed assets | 21/28 | €3,026 | €12,133 | +€9,108 | +301% |
| Tangible fixed assets | 22/27 | €0 | €9,108 | +€9,108 | |
| Land and buildings | 22 | €0 | €8,298 | +€8,298 | |
| Furniture and vehicles | 24 | - | €810 | +€810 | |
| Financial fixed assets | 28 | €3,026 | €3,026 | = | 0.0% |
| Current assets | 29/58 | €351,285 | €353,835 | +€2,550 | +0.7% |
| Stocks and contracts in progress | 3 | €134,298 | €140,750 | +€6,452 | +4.8% |
| Stocks | 30/36 | €134,298 | €140,750 | +€6,452 | +4.8% |
| Amounts receivable within one year | 40/41 | €210,097 | €206,143 | -€3,953 | -1.9% |
| Trade receivables | 40 | €111,775 | €120,872 | +€9,097 | +8.1% |
| Other amounts receivable | 41 | €98,322 | €85,272 | -€13,050 | -13.3% |
| Cash at bank and in hand | 54/58 | €6,148 | €6,941 | +€793 | +12.9% |
| Deferred charges and accrued income | 490/1 | €742 | €0 | -€742 | -100% |
| Total equity and liabilities | 10/49 | €354,310 | €365,968 | +€11,658 | +3.3% |
| Equity | 10/15 | €174,429 | €180,405 | +€5,976 | +3.4% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €155,837 | €161,813 | +€5,976 | +3.8% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €155,837 | €161,813 | +€5,976 | +3.8% |
| Amounts payable | 17/49 | €179,882 | €185,563 | +€5,681 | +3.2% |
| Amounts payable after more than one year | 17 | €22,654 | €1,763 | -€20,892 | -92.2% |
| Financial debts | 170/4 | €22,654 | €1,763 | -€20,892 | -92.2% |
| Amounts payable within one year | 42/48 | €157,227 | €183,800 | +€26,573 | +16.9% |
| Current portion of amounts payable after more than one year | 42 | €20,416 | €20,892 | +€476 | +2.3% |
| Financial debts | 43 | €71,270 | €70,628 | -€642 | -0.9% |
| Credit institutions | 430/8 | €71,270 | €70,628 | -€642 | -0.9% |
| Trade debts | 44 | €37,778 | €65,019 | +€27,241 | +72.1% |
| Suppliers | 440/4 | €37,778 | €65,019 | +€27,241 | +72.1% |
| Taxes, remuneration and social security | 45 | €27,763 | €27,261 | -€502 | -1.8% |
| Taxes | 450/3 | €21,582 | €19,180 | -€2,402 | -11.1% |
| Remuneration and social security | 454/9 | €6,181 | €8,081 | +€1,900 | +30.7% |
| Non-recurring operating income | 76A | €733 | €555 | -€178 | -24.3% |
| Remuneration, social security and pensions | 62 | €57,834 | €58,960 | +€1,125 | +1.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €0 | €1,736 | +€1,736 | +5,785,100% |
| Other operating charges | 640/8 | €15,910 | €6,137 | -€9,773 | -61.4% |
| Gross operating margin | 9900 | €89,440 | €74,639 | -€14,801 | -16.5% |
| Operating profit (loss) | 9901 | €15,695 | €7,807 | -€7,889 | -50.3% |
| Financial income | 75/76B | €4,709 | €5,275 | +€565 | +12.0% |
| Recurring financial income | 75 | €4,709 | €5,275 | +€565 | +12.0% |
| Financial charges | 65/66B | €11,223 | €7,004 | -€4,219 | -37.6% |
| Recurring financial charges | 65 | €11,223 | €7,004 | -€4,219 | -37.6% |
| Profit (loss) for the period before taxes | 9903 | €9,182 | €6,077 | -€3,105 | -33.8% |
| Income taxes | 67/77 | €93 | €101 | +€8 | +9.0% |
| Profit (loss) for the period | 9904 | €9,089 | €5,976 | -€3,113 | -34.2% |
| Profit (loss) for the period to be appropriated | 9905 | €9,089 | €5,976 | -€3,113 | -34.2% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 24 October 2026 via checked.be.