Garage FVN: what changed
Garage FVN
Largest movements
- Cash -€30,532
down €30,532 (-19.1%), from €159,682 to €129,150
mainly Trade debts (-€46,555) and Investment in fixed assets (net) (-€19,176)
- Receivables within one year -€25,862
down €25,862 (-45.8%), from €56,500 to €30,638
- Stocks and contracts +€14,115
up €14,115 (+171%), from €8,232 to €22,346
- Tangible fixed assets +€6,329
up €6,329 (+16.6%), from €38,227 to €44,556
of which Plant, machinery and equipment: +€7,200
- Trade debts -€46,555
down €46,555 (-57.6%), from €80,787 to €34,232
- Reserves +€20,085
up €20,085 (+15.1%), from €132,969 to €153,055
- Other debts -€3,698
down €3,698 (-57.6%), from €6,423 to €2,725
- Tax, wage and social debts -€2,712
down €2,712 (-13.3%), from €20,332 to €17,620
of which Remuneration and social security: -€7,614
- Gross operating margin +€15,469
up €15,469 (+11.1%), from €139,103 to €154,572
- Taxes +€4,431
up €4,431 (+68.6%), from €6,463 to €10,895
- Staff costs +€1,578
up €1,578 (+1.5%), from €106,936 to €108,513
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 | €262,640 | €227,260 | -€35,380 | -13.5% |
| Fixed assets | 21/28 | €38,227 | €44,556 | +€6,329 | +16.6% |
| Tangible fixed assets | 22/27 | €38,227 | €44,556 | +€6,329 | +16.6% |
| Land and buildings | 22 | €17,102 | €20,351 | +€3,250 | +19.0% |
| Plant, machinery and equipment | 23 | €6,633 | €13,833 | +€7,200 | +109% |
| Furniture and vehicles | 24 | €14,492 | €10,372 | -€4,120 | -28.4% |
| Current assets | 29/58 | €224,413 | €182,705 | -€41,709 | -18.6% |
| Stocks and contracts in progress | 3 | €8,232 | €22,346 | +€14,115 | +171% |
| Stocks | 30/36 | €8,232 | €22,346 | +€14,115 | +171% |
| Amounts receivable within one year | 40/41 | €56,500 | €30,638 | -€25,862 | -45.8% |
| Trade receivables | 40 | €56,500 | €30,638 | -€25,862 | -45.8% |
| Cash at bank and in hand | 54/58 | €159,682 | €129,150 | -€30,532 | -19.1% |
| Deferred charges and accrued income | 490/1 | €0 | €570 | +€570 | |
| Total equity and liabilities | 10/49 | €262,640 | €227,260 | -€35,380 | -13.5% |
| Equity | 10/15 | €152,598 | €172,683 | +€20,085 | +13.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €132,969 | €153,055 | +€20,085 | +15.1% |
| Distributable reserves | 133 | €132,969 | €153,055 | +€20,085 | +15.1% |
| Profit (loss) carried forward | 14 | €1,028 | €1,028 | = | 0.0% |
| Amounts payable | 17/49 | €110,042 | €54,577 | -€55,465 | -50.4% |
| Amounts payable within one year | 42/48 | €107,542 | €54,577 | -€52,965 | -49.3% |
| Trade debts | 44 | €80,787 | €34,232 | -€46,555 | -57.6% |
| Suppliers | 440/4 | €80,787 | €34,232 | -€46,555 | -57.6% |
| Taxes, remuneration and social security | 45 | €20,332 | €17,620 | -€2,712 | -13.3% |
| Taxes | 450/3 | €9,738 | €14,640 | +€4,902 | +50.3% |
| Remuneration and social security | 454/9 | €10,595 | €2,981 | -€7,614 | -71.9% |
| Other amounts payable | 47/48 | €6,423 | €2,725 | -€3,698 | -57.6% |
| Accrued charges and deferred income | 492/3 | €2,500 | - | -€2,500 | |
| Remuneration, social security and pensions | 62 | €106,936 | €108,513 | +€1,578 | +1.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,163 | €12,847 | +€684 | +5.6% |
| Other operating charges | 640/8 | €2,857 | €2,055 | -€802 | -28.1% |
| Gross operating margin | 9900 | €139,103 | €154,572 | +€15,469 | +11.1% |
| Operating profit (loss) | 9901 | €17,148 | €31,157 | +€14,009 | +81.7% |
| Financial income | 75/76B | €10 | €514 | +€504 | +5,024% |
| Recurring financial income | 75 | €10 | €514 | +€504 | +5,024% |
| Financial charges | 65/66B | €468 | €691 | +€223 | +47.7% |
| Recurring financial charges | 65 | €468 | €691 | +€223 | +47.7% |
| Profit (loss) for the period before taxes | 9903 | €16,690 | €30,980 | +€14,290 | +85.6% |
| Income taxes | 67/77 | €6,463 | €10,895 | +€4,431 | +68.6% |
| Profit (loss) for the period | 9904 | €10,227 | €20,085 | +€9,859 | +96.4% |
| Profit (loss) for the period to be appropriated | 9905 | €10,227 | €20,085 | +€9,859 | +96.4% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 4 November 2026 via checked.be.