GARAGE L'EQUIPE: 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 L'EQUIPE
Largest movements
- Cash +€25,275
up €25,275 (+45.3%), from €55,767 to €81,042
mainly Net result for the year (+€70,448) and Depreciation (+€29,392)
- Stocks and contracts +€24,717
up €24,717 (+41.4%), from €59,738 to €84,455
- Tangible fixed assets -€24,199
down €24,199 (-3.5%), from €681,676 to €657,477
of which Land and buildings: -€23,430
- Reserves +€56,162
up €56,162 (+31.0%), from €181,423 to €237,585
of which Distributable reserves: +€56,162
- Debts after one year -€51,785
down €51,785 (-10.2%), from €508,016 to €456,231
- Tax, wage and social debts +€18,925
up €18,925 (+73.9%), from €25,611 to €44,536
- Gross operating margin +€41,804
up €41,804 (+40.4%), from €103,601 to €145,405
- Taxes +€12,809
up €12,809 (+83.5%), from €15,332 to €28,140
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 | €818,092 | €842,976 | +€24,885 | +3.0% |
| Fixed assets | 21/28 | €681,756 | €657,557 | -€24,199 | -3.5% |
| Tangible fixed assets | 22/27 | €681,676 | €657,477 | -€24,199 | -3.5% |
| Land and buildings | 22 | €679,892 | €656,463 | -€23,430 | -3.4% |
| Plant, machinery and equipment | 23 | €1,134 | €775 | -€359 | -31.7% |
| Furniture and vehicles | 24 | €649 | €239 | -€410 | -63.2% |
| Financial fixed assets | 28 | €80 | €80 | = | 0.0% |
| Current assets | 29/58 | €136,336 | €185,420 | +€49,084 | +36.0% |
| Stocks and contracts in progress | 3 | €59,738 | €84,455 | +€24,717 | +41.4% |
| Stocks | 30/36 | €59,738 | €84,455 | +€24,717 | +41.4% |
| Amounts receivable within one year | 40/41 | €19,446 | €18,261 | -€1,185 | -6.1% |
| Trade receivables | 40 | €17,381 | €16,824 | -€557 | -3.2% |
| Other amounts receivable | 41 | €2,066 | €1,437 | -€628 | -30.4% |
| Cash at bank and in hand | 54/58 | €55,767 | €81,042 | +€25,275 | +45.3% |
| Deferred charges and accrued income | 490/1 | €1,385 | €1,661 | +€276 | +20.0% |
| Total equity and liabilities | 10/49 | €818,092 | €842,976 | +€24,885 | +3.0% |
| Equity | 10/15 | €201,423 | €257,585 | +€56,162 | +27.9% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €181,423 | €237,585 | +€56,162 | +31.0% |
| Non-distributable reserves | 130/1 | €2,000 | €2,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,000 | €2,000 | = | 0.0% |
| Distributable reserves | 133 | €179,423 | €235,585 | +€56,162 | +31.3% |
| Amounts payable | 17/49 | €616,668 | €585,391 | -€31,277 | -5.1% |
| Amounts payable after more than one year | 17 | €508,016 | €456,231 | -€51,785 | -10.2% |
| Financial debts | 170/4 | €508,016 | €456,231 | -€51,785 | -10.2% |
| Amounts payable within one year | 42/48 | €108,652 | €129,160 | +€20,508 | +18.9% |
| Current portion of amounts payable after more than one year | 42 | €50,875 | €51,785 | +€910 | +1.8% |
| Trade debts | 44 | €17,221 | €16,975 | -€246 | -1.4% |
| Suppliers | 440/4 | €17,221 | €16,975 | -€246 | -1.4% |
| Taxes, remuneration and social security | 45 | €25,611 | €44,536 | +€18,925 | +73.9% |
| Taxes | 450/3 | €25,611 | €44,536 | +€18,925 | +73.9% |
| Other amounts payable | 47/48 | €14,945 | €15,864 | +€919 | +6.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €29,794 | €29,392 | -€402 | -1.4% |
| Other operating charges | 640/8 | €7,575 | €7,633 | +€58 | +0.8% |
| Gross operating margin | 9900 | €103,601 | €145,405 | +€41,804 | +40.4% |
| Operating profit (loss) | 9901 | €66,232 | €108,379 | +€42,148 | +63.6% |
| Financial income | 75/76B | €7 | €7 | +€0 | +6.0% |
| Recurring financial income | 75 | €7 | €7 | +€0 | +6.0% |
| Financial charges | 65/66B | €10,712 | €9,799 | -€913 | -8.5% |
| Recurring financial charges | 65 | €10,712 | €9,799 | -€913 | -8.5% |
| Profit (loss) for the period before taxes | 9903 | €55,527 | €98,588 | +€43,061 | +77.6% |
| Income taxes | 67/77 | €15,332 | €28,140 | +€12,809 | +83.5% |
| Profit (loss) for the period | 9904 | €40,195 | €70,448 | +€30,253 | +75.3% |
| Profit (loss) for the period to be appropriated | 9905 | €40,195 | €70,448 | +€30,253 | +75.3% |
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 27 October 2026 via checked.be.