GARAGE DE VALK: 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 VALK
Largest movements
- Stocks and contracts -€139,690
down €139,690 (-77.6%), from €180,049 to €40,358
- Trade debts -€246,933
down €246,933 (-13.3%), from €1.9m to €1.6m
- Profit (loss) carried forward +€57,510
up €57,510 (+22.1%), from €259,985 to €317,495
- Short-term financial debts +€26,640
up €26,640 (+1,082%), from €2,463 to €29,103
- Gross operating margin +€41,544
up €41,544 (+110%), from €37,896 to €79,440
- Taxes +€11,449
up €11,449 (+107%), from €10,702 to €22,151
- Financial income +€1,072
up €1,072 (+100%), from €1,068 to €2,140
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 | €2,491,318 | €2,349,902 | -€141,416 | -5.7% |
| Current assets | 29/58 | €2,491,318 | €2,349,902 | -€141,416 | -5.7% |
| Stocks and contracts in progress | 3 | €180,049 | €40,358 | -€139,690 | -77.6% |
| Stocks | 30/36 | €180,049 | €40,358 | -€139,690 | -77.6% |
| Amounts receivable within one year | 40/41 | €2,299,781 | €2,275,874 | -€23,908 | -1.0% |
| Trade receivables | 40 | €1,166,659 | €1,174,304 | +€7,644 | +0.7% |
| Other amounts receivable | 41 | €1,133,122 | €1,101,570 | -€31,552 | -2.8% |
| Cash at bank and in hand | 54/58 | €9,698 | €33,670 | +€23,973 | +247% |
| Deferred charges and accrued income | 490/1 | €1,791 | €0 | -€1,791 | -100% |
| Total equity and liabilities | 10/49 | €2,491,318 | €2,349,902 | -€141,416 | -5.7% |
| Equity | 10/15 | €295,611 | €353,121 | +€57,510 | +19.5% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €15,626 | €15,626 | = | 0.0% |
| Non-distributable reserves | 130/1 | €5,410 | €5,410 | = | 0.0% |
| Reserves not available under the articles | 1311 | €5,410 | €5,410 | = | 0.0% |
| Tax-exempt reserves | 132 | €10,216 | €10,216 | = | 0.0% |
| Profit (loss) carried forward | 14 | €259,985 | €317,495 | +€57,510 | +22.1% |
| Amounts payable | 17/49 | €2,195,707 | €1,996,781 | -€198,926 | -9.1% |
| Amounts payable after more than one year | 17 | €97,748 | €97,748 | = | 0.0% |
| Financial debts | 170/4 | €97,748 | €97,748 | = | 0.0% |
| Amounts payable within one year | 42/48 | €2,097,959 | €1,896,692 | -€201,267 | -9.6% |
| Financial debts | 43 | €2,463 | €29,103 | +€26,640 | +1,082% |
| Credit institutions | 430/8 | €2,463 | €29,103 | +€26,640 | +1,082% |
| Trade debts | 44 | €1,856,158 | €1,609,224 | -€246,933 | -13.3% |
| Suppliers | 440/4 | €1,856,158 | €1,609,224 | -€246,933 | -13.3% |
| Advances received on contracts in progress | 46 | €107,624 | €107,624 | = | 0.0% |
| Taxes, remuneration and social security | 45 | €131,714 | €150,741 | +€19,026 | +14.4% |
| Taxes | 450/3 | €131,714 | €150,741 | +€19,026 | +14.4% |
| Accrued charges and deferred income | 492/3 | - | €2,341 | +€2,341 | |
| Other operating charges | 640/8 | €0 | - | = | |
| Gross operating margin | 9900 | €37,896 | €79,440 | +€41,544 | +110% |
| Operating profit (loss) | 9901 | €37,896 | €79,440 | +€41,544 | +110% |
| Financial income | 75/76B | €1,068 | €2,140 | +€1,072 | +100% |
| Recurring financial income | 75 | €1,068 | €2,140 | +€1,072 | +100% |
| Financial charges | 65/66B | €1,604 | €1,918 | +€314 | +19.6% |
| Recurring financial charges | 65 | €1,604 | €1,918 | +€314 | +19.6% |
| Profit (loss) for the period before taxes | 9903 | €37,360 | €79,662 | +€42,302 | +113% |
| Transfer from deferred taxes | 780 | €0 | - | = | |
| Income taxes | 67/77 | €10,702 | €22,151 | +€11,449 | +107% |
| Profit (loss) for the period | 9904 | €26,658 | €57,510 | +€30,853 | +116% |
| Transfer from tax-exempt reserves | 789 | €0 | - | = | |
| Profit (loss) for the period to be appropriated | 9905 | €26,658 | €57,510 | +€30,853 | +116% |
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 19 October 2026 via checked.be.