Garage Franssen: what changed
Garage Franssen
Largest movements
- Cash +€87,514
up €87,514 (+503%), from €17,397 to €104,911
mainly Stocks and contracts (+€76,939) and Net result for the year (+€40,521)
- Stocks and contracts -€76,939
down €76,939 (-56.3%), from €136,543 to €59,604
- Receivables within one year -€37,842
down €37,842 (-50.2%), from €75,339 to €37,497
of which Trade receivables: -€41,043
- Tangible fixed assets +€2,770
up €2,770 (+9.6%), from €28,861 to €31,631
of which Plant, machinery and equipment: +€14,250
- Reserves +€40,521
up €40,521 (+35.2%), from €115,027 to €155,549
- Debts after one year -€40,427
down €40,427 (-55.4%), from €73,000 to €32,573
- Advances received -€8,500
down €8,500 (-100%), from €8,500 to €0
- Tax, wage and social debts -€7,127
down €7,127 (-19.5%), from €36,480 to €29,353
of which Taxes: -€7,487
- Trade debts -€6,098
down €6,098 (-30.0%), from €20,342 to €14,245
- Gross operating margin -€44,760
down €44,760 (-35.5%), from €126,101 to €81,340
- Write-downs -€14,163
down €14,163 (-100%), from €14,163 to €0
- Depreciation -€7,428
down €7,428 (-36.6%), from €20,322 to €12,894
- Taxes -€6,107
down €6,107 (-30.1%), from €20,318 to €14,211
- Other operating charges -€2,671
down €2,671 (-18.2%), from €14,654 to €11,984
Change in the result, 2023 to 2024
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 2023 and 2024 balance sheets and the 2024 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 | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €259,391 | €234,720 | -€24,671 | -9.5% |
| Fixed assets | 21/28 | €28,861 | €31,631 | +€2,770 | +9.6% |
| Tangible fixed assets | 22/27 | €28,861 | €31,631 | +€2,770 | +9.6% |
| Plant, machinery and equipment | 23 | €16,302 | €30,552 | +€14,250 | +87.4% |
| Furniture and vehicles | 24 | €9,572 | €1,079 | -€8,494 | -88.7% |
| Other tangible fixed assets | 26 | €2,987 | €0 | -€2,987 | -100% |
| Current assets | 29/58 | €230,530 | €203,088 | -€27,441 | -11.9% |
| Stocks and contracts in progress | 3 | €136,543 | €59,604 | -€76,939 | -56.3% |
| Stocks | 30/36 | €136,543 | €59,604 | -€76,939 | -56.3% |
| Amounts receivable within one year | 40/41 | €75,339 | €37,497 | -€37,842 | -50.2% |
| Trade receivables | 40 | €69,544 | €28,501 | -€41,043 | -59.0% |
| Other amounts receivable | 41 | €5,795 | €8,996 | +€3,201 | +55.2% |
| Cash at bank and in hand | 54/58 | €17,397 | €104,911 | +€87,514 | +503% |
| Deferred charges and accrued income | 490/1 | €1,251 | €1,076 | -€175 | -14.0% |
| Total equity and liabilities | 10/49 | €259,391 | €234,720 | -€24,671 | -9.5% |
| Equity | 10/15 | €117,027 | €157,549 | +€40,521 | +34.6% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €115,027 | €155,549 | +€40,521 | +35.2% |
| Distributable reserves | 133 | €115,027 | €155,549 | +€40,521 | +35.2% |
| Amounts payable | 17/49 | €142,363 | €77,171 | -€65,193 | -45.8% |
| Amounts payable after more than one year | 17 | €73,000 | €32,573 | -€40,427 | -55.4% |
| Other amounts payable | 178/9 | €73,000 | €32,573 | -€40,427 | -55.4% |
| Amounts payable within one year | 42/48 | €68,863 | €43,598 | -€25,265 | -36.7% |
| Trade debts | 44 | €20,342 | €14,245 | -€6,098 | -30.0% |
| Suppliers | 440/4 | €20,342 | €14,245 | -€6,098 | -30.0% |
| Advances received on contracts in progress | 46 | €8,500 | €0 | -€8,500 | -100% |
| Taxes, remuneration and social security | 45 | €36,480 | €29,353 | -€7,127 | -19.5% |
| Taxes | 450/3 | €36,480 | €28,993 | -€7,487 | -20.5% |
| Remuneration and social security | 454/9 | - | €360 | +€360 | |
| Other amounts payable | 47/48 | €3,541 | €0 | -€3,541 | -100% |
| Accrued charges and deferred income | 492/3 | €500 | €1,000 | +€500 | +100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €20,322 | €12,894 | -€7,428 | -36.6% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €14,163 | €0 | -€14,163 | -100% |
| Other operating charges | 640/8 | €14,654 | €11,984 | -€2,671 | -18.2% |
| Non-recurring operating charges | 66A | - | €861 | +€861 | |
| Gross operating margin | 9900 | €126,101 | €81,340 | -€44,760 | -35.5% |
| Operating profit (loss) | 9901 | €76,961 | €55,602 | -€21,359 | -27.8% |
| Financial income | 75/76B | €853 | €0 | -€853 | -100% |
| Recurring financial income | 75 | €853 | €0 | -€853 | -100% |
| Financial charges | 65/66B | €1,667 | €870 | -€797 | -47.8% |
| Recurring financial charges | 65 | €1,667 | €870 | -€797 | -47.8% |
| Profit (loss) for the period before taxes | 9903 | €76,147 | €54,732 | -€21,415 | -28.1% |
| Income taxes | 67/77 | €20,318 | €14,211 | -€6,107 | -30.1% |
| Profit (loss) for the period | 9904 | €55,830 | €40,521 | -€15,308 | -27.4% |
| Profit (loss) for the period to be appropriated | 9905 | €55,830 | €40,521 | -€15,308 | -27.4% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Green is a favourable move for that line, red an unfavourable one. Prepared on 6 November 2026 via checked.be.