GARAGE DE SUTTER: 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 SUTTER
Largest movements
- Receivables within one year -€196,446
down €196,446 (-35.9%), from €546,724 to €350,278
of which Trade receivables: -€205,656
- Cash +€116,344
up €116,344 (+27.5%), from €423,411 to €539,755
mainly Receivables within one year (+€196,446) and Net result for the year (+€93,111)
- Stocks and contracts -€50,176
down €50,176 (-12.6%), from €399,763 to €349,587
- Tangible fixed assets -€41,589
down €41,589 (-9.1%), from €458,356 to €416,768
of which Land and buildings: -€34,845
- Reserves -€106,889
down €106,889 (-7.6%), from €1.4m to €1.3m
- Other debts -€39,000
down €39,000 (-16.2%), from €240,019 to €201,019
- Trade debts -€20,611
down €20,611 (-22.4%), from €91,906 to €71,294
- Staff costs +€49,766
up €49,766 (+25.2%), from €197,175 to €246,941
- Gross operating margin -€47,780
down €47,780 (-9.3%), from €514,003 to €466,223
- Taxes -€22,301
down €22,301 (-42.0%), from €53,065 to €30,765
- Depreciation -€8,790
down €8,790 (-8.6%), from €101,762 to €92,972
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 | €1,842,198 | €1,666,397 | -€175,801 | -9.5% |
| Fixed assets | 21/28 | €462,959 | €421,370 | -€41,589 | -9.0% |
| Tangible fixed assets | 22/27 | €458,356 | €416,768 | -€41,589 | -9.1% |
| Land and buildings | 22 | €351,210 | €316,365 | -€34,845 | -9.9% |
| Plant, machinery and equipment | 23 | €54,608 | €45,852 | -€8,756 | -16.0% |
| Furniture and vehicles | 24 | €34,070 | €25,501 | -€8,569 | -25.2% |
| Other tangible fixed assets | 26 | €18,468 | €29,050 | +€10,582 | +57.3% |
| Financial fixed assets | 28 | €4,603 | €4,603 | = | 0.0% |
| Current assets | 29/58 | €1,379,240 | €1,245,027 | -€134,213 | -9.7% |
| Stocks and contracts in progress | 3 | €399,763 | €349,587 | -€50,176 | -12.6% |
| Stocks | 30/36 | €399,763 | €349,587 | -€50,176 | -12.6% |
| Amounts receivable within one year | 40/41 | €546,724 | €350,278 | -€196,446 | -35.9% |
| Trade receivables | 40 | €535,510 | €329,853 | -€205,656 | -38.4% |
| Other amounts receivable | 41 | €11,215 | €20,425 | +€9,210 | +82.1% |
| Cash at bank and in hand | 54/58 | €423,411 | €539,755 | +€116,344 | +27.5% |
| Deferred charges and accrued income | 490/1 | €9,342 | €5,406 | -€3,936 | -42.1% |
| Total equity and liabilities | 10/49 | €1,842,198 | €1,666,397 | -€175,801 | -9.5% |
| Equity | 10/15 | €1,431,849 | €1,324,960 | -€106,889 | -7.5% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €1,413,257 | €1,306,368 | -€106,889 | -7.6% |
| Distributable reserves | 133 | €1,413,257 | €1,306,368 | -€106,889 | -7.6% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €410,349 | €341,437 | -€68,912 | -16.8% |
| Amounts payable within one year | 42/48 | €405,818 | €336,937 | -€68,881 | -17.0% |
| Trade debts | 44 | €91,906 | €71,294 | -€20,611 | -22.4% |
| Suppliers | 440/4 | €91,906 | €71,294 | -€20,611 | -22.4% |
| Taxes, remuneration and social security | 45 | €73,894 | €64,625 | -€9,270 | -12.5% |
| Taxes | 450/3 | €38,672 | €19,186 | -€19,486 | -50.4% |
| Remuneration and social security | 454/9 | €35,222 | €45,438 | +€10,216 | +29.0% |
| Other amounts payable | 47/48 | €240,019 | €201,019 | -€39,000 | -16.2% |
| Accrued charges and deferred income | 492/3 | €4,531 | €4,500 | -€31 | -0.7% |
| Non-recurring operating income | 76A | - | €5,588 | +€5,588 | |
| Remuneration, social security and pensions | 62 | €197,175 | €246,941 | +€49,766 | +25.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €101,762 | €92,972 | -€8,790 | -8.6% |
| Other operating charges | 640/8 | €9,933 | €7,977 | -€1,956 | -19.7% |
| Gross operating margin | 9900 | €514,003 | €466,223 | -€47,780 | -9.3% |
| Operating profit (loss) | 9901 | €205,133 | €118,333 | -€86,800 | -42.3% |
| Financial income | 75/76B | €5,492 | €6,077 | +€585 | +10.7% |
| Recurring financial income | 75 | €5,492 | €6,077 | +€585 | +10.7% |
| Financial charges | 65/66B | €678 | €534 | -€143 | -21.2% |
| Recurring financial charges | 65 | €678 | €534 | -€143 | -21.2% |
| Profit (loss) for the period before taxes | 9903 | €209,947 | €123,875 | -€86,071 | -41.0% |
| Income taxes | 67/77 | €53,065 | €30,765 | -€22,301 | -42.0% |
| Profit (loss) for the period | 9904 | €156,881 | €93,111 | -€63,771 | -40.6% |
| Profit (loss) for the period to be appropriated | 9905 | €156,881 | €93,111 | -€63,771 | -40.6% |
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 26 October 2026 via checked.be.