GARAGE HENA: 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 HENA
Largest movements
- Cash -€90,048
down €90,048 (-95.8%), from €94,027 to €3,979
mainly Investment in fixed assets (net) (-€74,809) and Net result for the year (-€28,950)
- Tangible fixed assets +€66,497
up €66,497 (+945%), from €7,040 to €73,537
of which Furniture and vehicles: +€44,827
- Stocks and contracts +€8,250
up €8,250 (+153%), from €5,375 to €13,625
- Receivables within one year -€8,020
down €8,020 (-10.8%), from €74,357 to €66,338
of which Trade receivables: -€51,835
- Profit (loss) carried forward -€28,950
down €28,950 (-24.4%), from €118,548 to €89,599
- Trade debts +€6,051
up €6,051 (+714%), from €847 to €6,898
- Gross operating margin -€10,046
down €10,046 (-151%), from -€6,654 to -€16,700
- Depreciation +€6,901
up €6,901 (+489%), from €1,411 to €8,312
- Other operating charges +€2,116
up €2,116 (+569%), from €372 to €2,488
- Taxes +€555
up €555, from -€171 to €384
- Financial charges +€481
up €481 (+82.3%), from €584 to €1,066
From the 2021 result to the 2022 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 2021 and 2022 balance sheets and the 2022 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2021 | 2022 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €182,265 | €159,581 | -€22,685 | -12.4% |
| Fixed assets | 21/28 | €7,655 | €74,152 | +€66,497 | +869% |
| Tangible fixed assets | 22/27 | €7,040 | €73,537 | +€66,497 | +945% |
| Land and buildings | 22 | €0 | €0 | = | |
| Plant, machinery and equipment | 23 | €0 | €21,670 | +€21,670 | |
| Furniture and vehicles | 24 | €7,040 | €51,866 | +€44,827 | +637% |
| Financial fixed assets | 28 | €615 | €615 | = | 0.0% |
| Current assets | 29/58 | €174,611 | €85,429 | -€89,182 | -51.1% |
| Stocks and contracts in progress | 3 | €5,375 | €13,625 | +€8,250 | +153% |
| Stocks | 30/36 | €5,375 | €13,625 | +€8,250 | +153% |
| Amounts receivable within one year | 40/41 | €74,357 | €66,338 | -€8,020 | -10.8% |
| Trade receivables | 40 | €57,737 | €5,902 | -€51,835 | -89.8% |
| Other amounts receivable | 41 | €16,621 | €60,436 | +€43,815 | +264% |
| Cash at bank and in hand | 54/58 | €94,027 | €3,979 | -€90,048 | -95.8% |
| Deferred charges and accrued income | 490/1 | €851 | €1,487 | +€636 | +74.7% |
| Total equity and liabilities | 10/49 | €182,265 | €159,581 | -€22,685 | -12.4% |
| Equity | 10/15 | €179,694 | €150,745 | -€28,950 | -16.1% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €42,554 | €42,554 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | = | 0.0% |
| Tax-exempt reserves | 132 | €2,695 | €2,695 | = | 0.0% |
| Distributable reserves | 133 | €38,000 | €38,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €118,548 | €89,599 | -€28,950 | -24.4% |
| Amounts payable | 17/49 | €2,571 | €8,836 | +€6,265 | +244% |
| Amounts payable within one year | 42/48 | €2,571 | €8,836 | +€6,265 | +244% |
| Trade debts | 44 | €847 | €6,898 | +€6,051 | +714% |
| Suppliers | 440/4 | €847 | €6,898 | +€6,051 | +714% |
| Taxes, remuneration and social security | 45 | €1,724 | €1,938 | +€214 | +12.4% |
| Taxes | 450/3 | €1,724 | €1,938 | +€214 | +12.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,411 | €8,312 | +€6,901 | +489% |
| Other operating charges | 640/8 | €372 | €2,488 | +€2,116 | +569% |
| Gross operating margin | 9900 | -€6,654 | -€16,700 | -€10,046 | -151% |
| Operating profit (loss) | 9901 | -€8,438 | -€27,500 | -€19,062 | -226% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €584 | €1,066 | +€481 | +82.3% |
| Recurring financial charges | 65 | €584 | €1,066 | +€481 | +82.3% |
| Profit (loss) for the period before taxes | 9903 | -€9,022 | -€28,565 | -€19,543 | -217% |
| Income taxes | 67/77 | -€171 | €384 | +€555 | |
| Profit (loss) for the period | 9904 | -€8,851 | -€28,950 | -€20,098 | -227% |
| Profit (loss) for the period to be appropriated | 9905 | -€8,851 | -€28,950 | -€20,098 | -227% |
Source: filed annual accounts (NBB), financial years ended 31 December 2021 and 31 December 2022. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 20 October 2026 via checked.be.