GARAGE DECONINCK: what changed
GARAGE DECONINCK
Largest movements
- Cash +€95,857
up €95,857 (+40.8%), from €235,210 to €331,068
mainly Advances received (+€50,700) and Net result for the year (+€48,031)
- Stocks and contracts -€34,642
down €34,642 (-13.7%), from €252,347 to €217,705
- Tangible fixed assets -€14,352
down €14,352 (-8.9%), from €161,729 to €147,377
of which Other tangible fixed assets: -€10,634
- Receivables within one year +€13,699
up €13,699 (+164%), from €8,374 to €22,073
of which Other amounts receivable: +€10,000
- Advances received +€50,700
new in 2025: €50,700
- Reserves +€48,031
up €48,031 (+16.9%), from €283,824 to €331,855
of which Distributable reserves: +€48,031
- Trade debts -€42,906
down €42,906 (-100%), from €42,906 to €0
- Debts after one year -€13,270
down €13,270 (-11.6%), from €114,652 to €101,382
- Other debts +€9,706
up €9,706 (+7.9%), from €122,311 to €132,017
- Gross operating margin +€40,861
up €40,861 (+46.3%), from €88,189 to €129,050
- Write-downs +€16,000
up €16,000 (+267%), from €6,000 to €22,000
- Taxes +€9,766
up €9,766 (+65.4%), from €14,929 to €24,695
- Financial charges -€6,320
down €6,320 (-35.9%), from €17,584 to €11,264
- Other operating charges +€3,842
up €3,842 (+77.9%), from €4,932 to €8,774
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €661,715 | €718,222 | +€56,507 | +8.5% |
| Fixed assets | 21/28 | €161,729 | €147,377 | -€14,352 | -8.9% |
| Tangible fixed assets | 22/27 | €161,729 | €147,377 | -€14,352 | -8.9% |
| Land and buildings | 22 | €44,944 | €42,442 | -€2,501 | -5.6% |
| Plant, machinery and equipment | 23 | €1,424 | €581 | -€843 | -59.2% |
| Furniture and vehicles | 24 | €374 | €0 | -€374 | -100% |
| Other tangible fixed assets | 26 | €114,988 | €104,354 | -€10,634 | -9.2% |
| Current assets | 29/58 | €499,986 | €570,845 | +€70,859 | +14.2% |
| Stocks and contracts in progress | 3 | €252,347 | €217,705 | -€34,642 | -13.7% |
| Stocks | 30/36 | €252,347 | €217,705 | -€34,642 | -13.7% |
| Amounts receivable within one year | 40/41 | €8,374 | €22,073 | +€13,699 | +164% |
| Trade receivables | 40 | €8,374 | €12,073 | +€3,699 | +44.2% |
| Other amounts receivable | 41 | - | €10,000 | +€10,000 | |
| Cash at bank and in hand | 54/58 | €235,210 | €331,068 | +€95,857 | +40.8% |
| Deferred charges and accrued income | 490/1 | €4,055 | €0 | -€4,055 | -100% |
| Total equity and liabilities | 10/49 | €661,715 | €718,222 | +€56,507 | +8.5% |
| Equity | 10/15 | €345,824 | €393,855 | +€48,031 | +13.9% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €283,824 | €331,855 | +€48,031 | +16.9% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Distributable reserves | 133 | €277,624 | €325,655 | +€48,031 | +17.3% |
| Amounts payable | 17/49 | €315,891 | €324,366 | +€8,476 | +2.7% |
| Amounts payable after more than one year | 17 | €114,652 | €101,382 | -€13,270 | -11.6% |
| Financial debts | 170/4 | €114,652 | €101,382 | -€13,270 | -11.6% |
| Amounts payable within one year | 42/48 | €201,239 | €222,985 | +€21,746 | +10.8% |
| Current portion of amounts payable after more than one year | 42 | €13,026 | €13,270 | +€244 | +1.9% |
| Financial debts | 43 | €3,824 | €3,419 | -€405 | -10.6% |
| Credit institutions | 430/8 | €3,824 | €3,419 | -€405 | -10.6% |
| Trade debts | 44 | €42,906 | €0 | -€42,906 | -100% |
| Suppliers | 440/4 | €42,906 | €0 | -€42,906 | -100% |
| Advances received on contracts in progress | 46 | - | €50,700 | +€50,700 | |
| Taxes, remuneration and social security | 45 | €19,171 | €23,579 | +€4,407 | +23.0% |
| Taxes | 450/3 | €19,171 | €23,579 | +€4,407 | +23.0% |
| Other amounts payable | 47/48 | €122,311 | €132,017 | +€9,706 | +7.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,030 | €14,352 | -€678 | -4.5% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €6,000 | €22,000 | +€16,000 | +267% |
| Other operating charges | 640/8 | €4,932 | €8,774 | +€3,842 | +77.9% |
| Gross operating margin | 9900 | €88,189 | €129,050 | +€40,861 | +46.3% |
| Operating profit (loss) | 9901 | €62,228 | €83,924 | +€21,697 | +34.9% |
| Financial income | 75/76B | - | €66 | +€66 | |
| Recurring financial income | 75 | - | €66 | +€66 | |
| Financial charges | 65/66B | €17,584 | €11,264 | -€6,320 | -35.9% |
| Recurring financial charges | 65 | €17,584 | €11,264 | -€6,320 | -35.9% |
| Profit (loss) for the period before taxes | 9903 | €44,644 | €72,727 | +€28,083 | +62.9% |
| Income taxes | 67/77 | €14,929 | €24,695 | +€9,766 | +65.4% |
| Profit (loss) for the period | 9904 | €29,715 | €48,031 | +€18,316 | +61.6% |
| Profit (loss) for the period to be appropriated | 9905 | €29,715 | €48,031 | +€18,316 | +61.6% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 3 November 2026 via checked.be.