Garage Decloedt: 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 Decloedt
Largest movements
- Stocks and contracts -€104,815
down €104,815 (-45.1%), from €232,245 to €127,430
- Cash +€103,045
up €103,045 (+24.9%), from €413,023 to €516,068
mainly Stocks and contracts (+€104,815) and Tax, wage and social debts (+€18,621)
- Trade debts -€37,396
down €37,396 (-33.8%), from €110,631 to €73,235
- Tax, wage and social debts +€18,621
up €18,621 (+312%), from €5,972 to €24,593
of which Taxes: +€23,333
- Staff costs -€4,751
down €4,751 (-34.0%), from €13,954 to €9,203
- Depreciation +€2,047
up €2,047 (+23.5%), from €8,704 to €10,750
- Financial income -€1,923
down €1,923 (-70.2%), from €2,737 to €815
- Gross operating margin +€1,809
up €1,809 (+4.9%), from €36,625 to €38,433
- Taxes -€497
down €497 (-73.6%), from €676 to €178
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 | €882,634 | €863,166 | -€19,468 | -2.2% |
| Fixed assets | 21/28 | €205,865 | €199,797 | -€6,068 | -2.9% |
| Tangible fixed assets | 22/27 | €205,667 | €199,797 | -€5,869 | -2.9% |
| Land and buildings | 22 | €197,431 | €192,248 | -€5,183 | -2.6% |
| Plant, machinery and equipment | 23 | €5,798 | €6,736 | +€938 | +16.2% |
| Furniture and vehicles | 24 | €2,437 | €813 | -€1,625 | -66.7% |
| Financial fixed assets | 28 | €198 | - | -€198 | |
| Current assets | 29/58 | €676,769 | €663,369 | -€13,400 | -2.0% |
| Stocks and contracts in progress | 3 | €232,245 | €127,430 | -€104,815 | -45.1% |
| Stocks | 30/36 | €232,245 | €127,430 | -€104,815 | -45.1% |
| Amounts receivable within one year | 40/41 | €12,725 | €6,695 | -€6,031 | -47.4% |
| Trade receivables | 40 | €12,725 | €6,695 | -€6,031 | -47.4% |
| Cash at bank and in hand | 54/58 | €413,023 | €516,068 | +€103,045 | +24.9% |
| Deferred charges and accrued income | 490/1 | €18,776 | €13,176 | -€5,600 | -29.8% |
| Total equity and liabilities | 10/49 | €882,634 | €863,166 | -€19,468 | -2.2% |
| Equity | 10/15 | €755,869 | €755,150 | -€719 | -0.1% |
| Contributions | 10/11 | €100,000 | €100,000 | = | 0.0% |
| Capital | 10 | €100,000 | €100,000 | = | 0.0% |
| Issued capital | 100 | €100,000 | €100,000 | = | 0.0% |
| Reserves | 13 | €655,869 | €655,150 | -€719 | -0.1% |
| Non-distributable reserves | 130/1 | €10,000 | €10,000 | = | 0.0% |
| Legal reserve | 130 | €10,000 | €10,000 | = | 0.0% |
| Tax-exempt reserves | 132 | €53,419 | €53,419 | = | 0.0% |
| Distributable reserves | 133 | €592,450 | €591,732 | -€719 | -0.1% |
| Provisions and deferred taxes | 16 | €7,265 | €7,265 | = | 0.0% |
| Provisions for liabilities and charges | 160/5 | €7,265 | €7,265 | = | 0.0% |
| Other liabilities and charges | 164/5 | €7,265 | €7,265 | = | 0.0% |
| Amounts payable | 17/49 | €119,501 | €100,752 | -€18,749 | -15.7% |
| Amounts payable within one year | 42/48 | €119,501 | €100,752 | -€18,749 | -15.7% |
| Trade debts | 44 | €110,631 | €73,235 | -€37,396 | -33.8% |
| Suppliers | 440/4 | €110,631 | €73,235 | -€37,396 | -33.8% |
| Taxes, remuneration and social security | 45 | €5,972 | €24,593 | +€18,621 | +312% |
| Taxes | 450/3 | €462 | €23,795 | +€23,333 | +5,051% |
| Remuneration and social security | 454/9 | €5,510 | €798 | -€4,712 | -85.5% |
| Other amounts payable | 47/48 | €2,899 | €2,923 | +€25 | +0.9% |
| Remuneration, social security and pensions | 62 | €13,954 | €9,203 | -€4,751 | -34.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,704 | €10,750 | +€2,047 | +23.5% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€205 | - | +€205 | |
| Other operating charges | 640/8 | €14,199 | €13,888 | -€311 | -2.2% |
| Non-recurring operating charges | 66A | - | €2,579 | +€2,579 | |
| Gross operating margin | 9900 | €36,625 | €38,433 | +€1,809 | +4.9% |
| Operating profit (loss) | 9901 | -€27 | €2,013 | +€2,039 | |
| Financial income | 75/76B | €2,737 | €815 | -€1,923 | -70.2% |
| Recurring financial income | 75 | €2,737 | €815 | -€1,923 | -70.2% |
| Financial charges | 65/66B | €3,450 | €3,368 | -€82 | -2.4% |
| Recurring financial charges | 65 | €3,450 | €3,368 | -€82 | -2.4% |
| Profit (loss) for the period before taxes | 9903 | -€739 | -€540 | +€199 | +26.9% |
| Income taxes | 67/77 | €676 | €178 | -€497 | -73.6% |
| Profit (loss) for the period | 9904 | -€1,415 | -€719 | +€696 | +49.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€1,415 | -€719 | +€696 | +49.2% |
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 17 October 2026 via checked.be.