GARAGE HENDRICKS: 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 HENDRICKS
Largest movements
- Cash +€185,300
up €185,300 (+91.9%), from €201,548 to €386,848
mainly Net result for the year (+€73,886) and Other debts (+€70,914)
- Receivables within one year -€52,337
down €52,337 (-68.0%), from €76,926 to €24,589
of which Trade receivables: -€49,800
- Stocks and contracts -€49,533
down €49,533 (-24.0%), from €206,018 to €156,486
- Other debts +€70,914
up €70,914 (+149%), from €47,631 to €118,545
- Tax, wage and social debts +€21,198
up €21,198 (+141%), from €15,064 to €36,262
- Reserves -€17,598
down €17,598 (-7.6%), from €230,239 to €212,641
of which Distributable reserves: -€17,598
- Trade debts +€7,205
up €7,205 (+4.0%), from €178,207 to €185,412
- Gross operating margin +€47,720
up €47,720 (+69.6%), from €68,583 to €116,303
- Taxes +€15,134
up €15,134 (+71.8%), from €21,064 to €36,198
- Other operating charges +€1,404
up €1,404 (+50.8%), from €2,762 to €4,167
From the 2024 result to the 2025 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 2024 and 2025 balance sheets and the 2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €489,742 | €571,460 | +€81,718 | +16.7% |
| Fixed assets | 21/28 | €5,249 | €3,537 | -€1,712 | -32.6% |
| Tangible fixed assets | 22/27 | €5,224 | €3,512 | -€1,712 | -32.8% |
| Plant, machinery and equipment | 23 | €4,293 | €2,996 | -€1,298 | -30.2% |
| Furniture and vehicles | 24 | €931 | €517 | -€414 | -44.5% |
| Financial fixed assets | 28 | €25 | €25 | = | 0.0% |
| Current assets | 29/58 | €484,492 | €567,923 | +€83,430 | +17.2% |
| Stocks and contracts in progress | 3 | €206,018 | €156,486 | -€49,533 | -24.0% |
| Stocks | 30/36 | €206,018 | €156,486 | -€49,533 | -24.0% |
| Amounts receivable within one year | 40/41 | €76,926 | €24,589 | -€52,337 | -68.0% |
| Trade receivables | 40 | €67,402 | €17,603 | -€49,800 | -73.9% |
| Other amounts receivable | 41 | €9,524 | €6,986 | -€2,537 | -26.6% |
| Cash at bank and in hand | 54/58 | €201,548 | €386,848 | +€185,300 | +91.9% |
| Total equity and liabilities | 10/49 | €489,742 | €571,460 | +€81,718 | +16.7% |
| Equity | 10/15 | €248,839 | €231,241 | -€17,598 | -7.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €230,239 | €212,641 | -€17,598 | -7.6% |
| 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 | €228,379 | €210,781 | -€17,598 | -7.7% |
| Amounts payable | 17/49 | €240,903 | €340,219 | +€99,317 | +41.2% |
| Amounts payable within one year | 42/48 | €240,903 | €340,219 | +€99,317 | +41.2% |
| Trade debts | 44 | €178,207 | €185,412 | +€7,205 | +4.0% |
| Suppliers | 440/4 | €178,207 | €185,412 | +€7,205 | +4.0% |
| Taxes, remuneration and social security | 45 | €15,064 | €36,262 | +€21,198 | +141% |
| Taxes | 450/3 | €15,064 | €36,262 | +€21,198 | +141% |
| Other amounts payable | 47/48 | €47,631 | €118,545 | +€70,914 | +149% |
| Non-recurring operating income | 76A | €2,714 | €271 | -€2,443 | -90.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,776 | €1,712 | -€64 | -3.6% |
| Other operating charges | 640/8 | €2,762 | €4,167 | +€1,404 | +50.8% |
| Non-recurring operating charges | 66A | €5,069 | - | -€5,069 | |
| Gross operating margin | 9900 | €68,583 | €116,303 | +€47,720 | +69.6% |
| Operating profit (loss) | 9901 | €58,975 | €110,424 | +€51,450 | +87.2% |
| Financial income | 75/76B | €2 | €25 | +€23 | +1,523% |
| Recurring financial income | 75 | €2 | €25 | +€23 | +1,523% |
| Financial charges | 65/66B | €366 | €365 | -€1 | -0.2% |
| Recurring financial charges | 65 | €366 | €365 | -€1 | -0.2% |
| Profit (loss) for the period before taxes | 9903 | €58,610 | €110,084 | +€51,474 | +87.8% |
| Income taxes | 67/77 | €21,064 | €36,198 | +€15,134 | +71.8% |
| Profit (loss) for the period | 9904 | €37,546 | €73,886 | +€36,340 | +96.8% |
| Profit (loss) for the period to be appropriated | 9905 | €37,546 | €73,886 | +€36,340 | +96.8% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 16 October 2026 via checked.be.