GARAGE GAETHOFS: what changed
GARAGE GAETHOFS
Largest movements
- Stocks and contracts -€16,254
down €16,254 (-40.8%), from €39,860 to €23,606
- Cash +€8,698
up €8,698 (+375%), from €2,317 to €11,015
mainly Stocks and contracts (+€16,254) and Depreciation (+€1,751)
- Tangible fixed assets -€1,751
down €1,751 (-31.8%), from €5,509 to €3,758
of which Furniture and vehicles: -€1,100
- Trade debts -€4,088
down €4,088 (-54.4%), from €7,516 to €3,428
- Profit (loss) carried forward -€3,999
down €3,999 (-21.3%), from -€18,784 to -€22,783
- Tax, wage and social debts -€977
down €977 (-45.6%), from €2,141 to €1,164
- Write-downs +€12,144
up €12,144 (+258%), from €4,700 to €16,844
- Gross operating margin -€3,415
down €3,415 (-16.3%), from €20,951 to €17,536
- Financial charges -€1,563
down €1,563 (-55.4%), from €2,820 to €1,257
- Depreciation +€459
up €459 (+35.5%), from €1,292 to €1,751
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 | €50,881 | €41,516 | -€9,365 | -18.4% |
| Fixed assets | 21/28 | €5,509 | €3,758 | -€1,751 | -31.8% |
| Tangible fixed assets | 22/27 | €5,509 | €3,758 | -€1,751 | -31.8% |
| Plant, machinery and equipment | 23 | €651 | - | -€651 | |
| Furniture and vehicles | 24 | €4,858 | €3,758 | -€1,100 | -22.6% |
| Current assets | 29/58 | €45,372 | €37,758 | -€7,614 | -16.8% |
| Stocks and contracts in progress | 3 | €39,860 | €23,606 | -€16,254 | -40.8% |
| Stocks | 30/36 | €39,860 | €23,606 | -€16,254 | -40.8% |
| Amounts receivable within one year | 40/41 | €1,049 | €1,013 | -€36 | -3.4% |
| Trade receivables | 40 | €1,049 | €1,013 | -€36 | -3.4% |
| Cash at bank and in hand | 54/58 | €2,317 | €11,015 | +€8,698 | +375% |
| Deferred charges and accrued income | 490/1 | €2,146 | €2,124 | -€22 | -1.0% |
| Total equity and liabilities | 10/49 | €50,881 | €41,516 | -€9,365 | -18.4% |
| Equity | 10/15 | €32,903 | €28,904 | -€3,999 | -12.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €33,087 | €33,087 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €31,227 | €31,227 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€18,784 | -€22,783 | -€3,999 | -21.3% |
| Amounts payable | 17/49 | €17,978 | €12,612 | -€5,366 | -29.8% |
| Amounts payable within one year | 42/48 | €17,978 | €12,612 | -€5,366 | -29.8% |
| Trade debts | 44 | €7,516 | €3,428 | -€4,088 | -54.4% |
| Suppliers | 440/4 | €7,516 | €3,428 | -€4,088 | -54.4% |
| Taxes, remuneration and social security | 45 | €2,141 | €1,164 | -€977 | -45.6% |
| Taxes | 450/3 | €2,141 | €1,164 | -€977 | -45.6% |
| Other amounts payable | 47/48 | €8,321 | €8,020 | -€301 | -3.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,292 | €1,751 | +€459 | +35.5% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €4,700 | €16,844 | +€12,144 | +258% |
| Other operating charges | 640/8 | €1,522 | €1,663 | +€141 | +9.3% |
| Gross operating margin | 9900 | €20,951 | €17,536 | -€3,415 | -16.3% |
| Operating profit (loss) | 9901 | €13,437 | -€2,722 | -€16,159 | |
| Financial income | 75/76B | €65 | €121 | +€56 | +86.2% |
| Recurring financial income | 75 | €65 | €121 | +€56 | +86.2% |
| Financial charges | 65/66B | €2,820 | €1,257 | -€1,563 | -55.4% |
| Recurring financial charges | 65 | €2,820 | €1,257 | -€1,563 | -55.4% |
| Profit (loss) for the period before taxes | 9903 | €10,682 | -€3,858 | -€14,540 | |
| Income taxes | 67/77 | €140 | €141 | +€1 | +0.7% |
| Profit (loss) for the period | 9904 | €10,542 | -€3,999 | -€14,541 | |
| Profit (loss) for the period to be appropriated | 9905 | €10,542 | -€3,999 | -€14,541 |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 8 November 2026 via checked.be.