Garage JAYMAERT: 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 JAYMAERT
Largest movements
- Stocks and contracts -€15,879
down €15,879 (-36.3%), from €43,758 to €27,879
- Cash -€10,156
down €10,156 (-67.2%), from €15,123 to €4,967
mainly Trade debts (-€30,651) and Advances received (-€14,000)
- Tangible fixed assets -€5,224
down €5,224 (-8.2%), from €63,719 to €58,495
of which Land and buildings: -€4,384
- Trade debts -€30,651
down €30,651 (-73.0%), from €41,967 to €11,316
- Advances received -€14,000
down €14,000 (-100%), from €14,000 to €0
- Tax, wage and social debts +€10,806
up €10,806 (+128%), from €8,428 to €19,234
of which Taxes: +€11,656
- Profit (loss) carried forward +€4,036
up €4,036 (+7.4%), from -€54,383 to -€50,346
- Other operating charges -€37,118
down €37,118 (-92.5%), from €40,131 to €3,012
- Write-downs -€20,539
down €20,539 (-100%), from €20,539 to €0
- Gross operating margin -€5,078
down €5,078 (-20.1%), from €25,218 to €20,140
- Financial charges -€1,267
down €1,267 (-11.3%), from €11,201 to €9,934
- Depreciation -€660
down €660 (-11.2%), from €5,885 to €5,224
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €179,391 | €149,681 | -€29,710 | -16.6% |
| Fixed assets | 21/28 | €63,719 | €58,495 | -€5,224 | -8.2% |
| Tangible fixed assets | 22/27 | €63,719 | €58,495 | -€5,224 | -8.2% |
| Land and buildings | 22 | €61,487 | €57,103 | -€4,384 | -7.1% |
| Plant, machinery and equipment | 23 | €2,015 | €1,392 | -€623 | -30.9% |
| Furniture and vehicles | 24 | €217 | €0 | -€217 | -100.0% |
| Current assets | 29/58 | €115,672 | €91,186 | -€24,486 | -21.2% |
| Stocks and contracts in progress | 3 | €43,758 | €27,879 | -€15,879 | -36.3% |
| Stocks | 30/36 | €43,758 | €27,879 | -€15,879 | -36.3% |
| Amounts receivable within one year | 40/41 | €53,321 | €54,182 | +€861 | +1.6% |
| Trade receivables | 40 | €17,913 | €21,715 | +€3,802 | +21.2% |
| Other amounts receivable | 41 | €35,408 | €32,467 | -€2,941 | -8.3% |
| Cash at bank and in hand | 54/58 | €15,123 | €4,967 | -€10,156 | -67.2% |
| Deferred charges and accrued income | 490/1 | €3,470 | €4,158 | +€688 | +19.8% |
| Total equity and liabilities | 10/49 | €179,391 | €149,681 | -€29,710 | -16.6% |
| Equity | 10/15 | €34,239 | €38,275 | +€4,036 | +11.8% |
| Contributions | 10/11 | €80,565 | €80,565 | = | 0.0% |
| Capital | 10 | €80,565 | €80,565 | = | 0.0% |
| Issued capital | 100 | €80,565 | €80,565 | = | 0.0% |
| Reserves | 13 | €8,057 | €8,057 | = | 0.0% |
| Non-distributable reserves | 130/1 | €8,057 | €8,057 | = | 0.0% |
| Legal reserve | 130 | €8,057 | €8,057 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€54,383 | -€50,346 | +€4,036 | +7.4% |
| Amounts payable | 17/49 | €145,152 | €111,405 | -€33,747 | -23.2% |
| Amounts payable within one year | 42/48 | €145,152 | €111,405 | -€33,747 | -23.2% |
| Financial debts | 43 | €80,756 | €80,855 | +€99 | +0.1% |
| Credit institutions | 430/8 | €80,756 | €80,855 | +€99 | +0.1% |
| Trade debts | 44 | €41,967 | €11,316 | -€30,651 | -73.0% |
| Suppliers | 440/4 | €41,967 | €11,316 | -€30,651 | -73.0% |
| Advances received on contracts in progress | 46 | €14,000 | €0 | -€14,000 | -100% |
| Taxes, remuneration and social security | 45 | €8,428 | €19,234 | +€10,806 | +128% |
| Taxes | 450/3 | €7,578 | €19,234 | +€11,656 | +154% |
| Remuneration and social security | 454/9 | €850 | €0 | -€850 | -100% |
| Remuneration, social security and pensions | 62 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,885 | €5,224 | -€660 | -11.2% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €20,539 | €0 | -€20,539 | -100% |
| Other operating charges | 640/8 | €40,131 | €3,012 | -€37,118 | -92.5% |
| Gross operating margin | 9900 | €25,218 | €20,140 | -€5,078 | -20.1% |
| Operating profit (loss) | 9901 | -€41,336 | €11,903 | +€53,240 | |
| Financial income | 75/76B | €1,488 | €2,066 | +€578 | +38.8% |
| Recurring financial income | 75 | €1,488 | €2,066 | +€578 | +38.8% |
| Financial charges | 65/66B | €11,201 | €9,934 | -€1,267 | -11.3% |
| Recurring financial charges | 65 | €11,201 | €9,934 | -€1,267 | -11.3% |
| Profit (loss) for the period before taxes | 9903 | -€51,049 | €4,036 | +€55,085 | |
| Income taxes | 67/77 | €1 | €0 | -€1 | -100% |
| Profit (loss) for the period | 9904 | -€51,050 | €4,036 | +€55,086 | |
| Profit (loss) for the period to be appropriated | 9905 | -€51,050 | €4,036 | +€55,086 |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 18 October 2026 via checked.be.