Garage De Keyzer: 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 De Keyzer
Largest movements
- Cash -€3,703
down €3,703 (-11.8%), from €31,312 to €27,609
mainly Net result for the year (-€6,054) and Investment in fixed assets (net) (-€1,381)
- Reserves -€6,054
down €6,054 (-3.8%), from €160,672 to €154,618
of which Distributable reserves: -€6,054
- Tax, wage and social debts +€2,326
up €2,326 (+106%), from €2,189 to €4,515
of which Remuneration and social security: +€2,066
- Gross operating margin -€15,891
down €15,891, from €11,855 to -€4,036
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 | €219,442 | €215,955 | -€3,487 | -1.6% |
| Fixed assets | 21/28 | €104,900 | €106,178 | +€1,278 | +1.2% |
| Tangible fixed assets | 22/27 | - | €1,278 | +€1,278 | |
| Plant, machinery and equipment | 23 | - | €1,278 | +€1,278 | |
| Financial fixed assets | 28 | €104,900 | €104,900 | = | 0.0% |
| Current assets | 29/58 | €114,542 | €109,777 | -€4,765 | -4.2% |
| Stocks and contracts in progress | 3 | €68,597 | €67,048 | -€1,549 | -2.3% |
| Stocks | 30/36 | €68,597 | €67,048 | -€1,549 | -2.3% |
| Amounts receivable within one year | 40/41 | €10,907 | €11,090 | +€183 | +1.7% |
| Trade receivables | 40 | €10,676 | €10,859 | +€183 | +1.7% |
| Other amounts receivable | 41 | €231 | €231 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €31,312 | €27,609 | -€3,703 | -11.8% |
| Deferred charges and accrued income | 490/1 | €3,726 | €4,030 | +€304 | +8.2% |
| Total equity and liabilities | 10/49 | €219,442 | €215,955 | -€3,487 | -1.6% |
| Equity | 10/15 | €179,264 | €173,210 | -€6,054 | -3.4% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €160,672 | €154,618 | -€6,054 | -3.8% |
| Tax-exempt reserves | 132 | €6,905 | €6,905 | = | 0.0% |
| Distributable reserves | 133 | €153,767 | €147,713 | -€6,054 | -3.9% |
| Amounts payable | 17/49 | €40,178 | €42,745 | +€2,567 | +6.4% |
| Amounts payable within one year | 42/48 | €40,178 | €42,745 | +€2,567 | +6.4% |
| Trade debts | 44 | €2,388 | €2,629 | +€241 | +10.1% |
| Suppliers | 440/4 | €2,388 | €2,629 | +€241 | +10.1% |
| Taxes, remuneration and social security | 45 | €2,189 | €4,515 | +€2,326 | +106% |
| Taxes | 450/3 | €2,189 | €2,449 | +€260 | +11.9% |
| Remuneration and social security | 454/9 | - | €2,066 | +€2,066 | |
| Other amounts payable | 47/48 | €35,601 | €35,601 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €103 | +€103 | |
| Other operating charges | 640/8 | €1,532 | €1,541 | +€9 | +0.6% |
| Gross operating margin | 9900 | €11,855 | -€4,036 | -€15,891 | |
| Operating profit (loss) | 9901 | €10,323 | -€5,680 | -€16,003 | |
| Financial income | 75/76B | €1 | - | -€1 | |
| Recurring financial income | 75 | €1 | - | -€1 | |
| Financial charges | 65/66B | €235 | €233 | -€2 | -0.9% |
| Recurring financial charges | 65 | €235 | €233 | -€2 | -0.9% |
| Profit (loss) for the period before taxes | 9903 | €10,089 | -€5,913 | -€16,002 | |
| Income taxes | 67/77 | €140 | €141 | +€1 | +0.7% |
| Profit (loss) for the period | 9904 | €9,949 | -€6,054 | -€16,003 | |
| Profit (loss) for the period to be appropriated | 9905 | €9,949 | -€6,054 | -€16,003 |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 24 October 2026 via checked.be.