GARAGE LETORT: 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 LETORT
Largest movements
- Stocks and contracts +€18,674
up €18,674 (+18.5%), from €101,166 to €119,840
- Cash -€12,404
down €12,404 (-7.7%), from €161,666 to €149,262
mainly Stocks and contracts (-€18,674) and Other debts (-€13,004)
- Tangible fixed assets -€11,510
down €11,510 (-5.8%), from €200,043 to €188,533
of which Furniture and vehicles: -€7,073
- Receivables within one year -€9,399
down €9,399 (-26.6%), from €35,389 to €25,990
of which Trade receivables: -€9,310
- Deferred charges and accrued income +€7,626
up €7,626 (+338%), from €2,253 to €9,879
- Other debts -€13,004
down €13,004 (-3.4%), from €383,641 to €370,637
- Trade debts +€5,482
up €5,482 (+63.2%), from €8,677 to €14,159
- Gross operating margin -€33,855
down €33,855 (-18.3%), from €184,517 to €150,662
- Depreciation -€4,857
down €4,857 (-25.7%), from €18,909 to €14,052
- Staff costs +€3,171
up €3,171 (+2.7%), from €118,123 to €121,294
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 | €504,239 | €497,224 | -€7,014 | -1.4% |
| Fixed assets | 21/28 | €200,093 | €188,583 | -€11,510 | -5.8% |
| Tangible fixed assets | 22/27 | €200,043 | €188,533 | -€11,510 | -5.8% |
| Land and buildings | 22 | €25,312 | €21,850 | -€3,463 | -13.7% |
| Plant, machinery and equipment | 23 | €4,959 | €2,681 | -€2,278 | -45.9% |
| Furniture and vehicles | 24 | €26,323 | €19,250 | -€7,073 | -26.9% |
| Leasing and similar rights | 25 | €2,758 | €1,520 | -€1,238 | -44.9% |
| Other tangible fixed assets | 26 | €140,691 | €143,233 | +€2,542 | +1.8% |
| Financial fixed assets | 28 | €50 | €50 | = | 0.0% |
| Current assets | 29/58 | €304,146 | €308,642 | +€4,496 | +1.5% |
| Stocks and contracts in progress | 3 | €101,166 | €119,840 | +€18,674 | +18.5% |
| Stocks | 30/36 | €101,166 | €119,840 | +€18,674 | +18.5% |
| Amounts receivable within one year | 40/41 | €35,389 | €25,990 | -€9,399 | -26.6% |
| Trade receivables | 40 | €35,300 | €25,990 | -€9,310 | -26.4% |
| Other amounts receivable | 41 | €89 | - | -€89 | |
| Current investments | 50/53 | €3,671 | €3,672 | +€0 | 0.0% |
| Cash at bank and in hand | 54/58 | €161,666 | €149,262 | -€12,404 | -7.7% |
| Deferred charges and accrued income | 490/1 | €2,253 | €9,879 | +€7,626 | +338% |
| Total equity and liabilities | 10/49 | €504,239 | €497,224 | -€7,014 | -1.4% |
| Equity | 10/15 | €82,449 | €81,527 | -€922 | -1.1% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Revaluation surpluses | 12 | €40,676 | €43,218 | +€2,542 | +6.3% |
| Reserves | 13 | €43,506 | €43,506 | = | 0.0% |
| Non-distributable reserves | 130/1 | €2,499 | €2,499 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,499 | €2,499 | = | 0.0% |
| Distributable reserves | 133 | €41,007 | €41,007 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€20,324 | -€23,788 | -€3,464 | -17.0% |
| Amounts payable | 17/49 | €421,790 | €415,697 | -€6,093 | -1.4% |
| Amounts payable after more than one year | 17 | €1,737 | €261 | -€1,476 | -85.0% |
| Financial debts | 170/4 | €1,737 | €261 | -€1,476 | -85.0% |
| Amounts payable within one year | 42/48 | €419,968 | €415,436 | -€4,532 | -1.1% |
| Current portion of amounts payable after more than one year | 42 | €1,333 | €1,476 | +€143 | +10.7% |
| Trade debts | 44 | €8,677 | €14,159 | +€5,482 | +63.2% |
| Suppliers | 440/4 | €8,677 | €14,159 | +€5,482 | +63.2% |
| Taxes, remuneration and social security | 45 | €26,317 | €29,165 | +€2,848 | +10.8% |
| Taxes | 450/3 | €8,556 | €10,904 | +€2,349 | +27.5% |
| Remuneration and social security | 454/9 | €17,761 | €18,260 | +€499 | +2.8% |
| Other amounts payable | 47/48 | €383,641 | €370,637 | -€13,004 | -3.4% |
| Accrued charges and deferred income | 492/3 | €85 | - | -€85 | |
| Remuneration, social security and pensions | 62 | €118,123 | €121,294 | +€3,171 | +2.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €18,909 | €14,052 | -€4,857 | -25.7% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€634 | - | +€634 | |
| Other operating charges | 640/8 | €10,334 | €10,712 | +€378 | +3.7% |
| Gross operating margin | 9900 | €184,517 | €150,662 | -€33,855 | -18.3% |
| Operating profit (loss) | 9901 | €37,784 | €4,603 | -€33,180 | -87.8% |
| Financial income | 75/76B | €376 | €463 | +€87 | +23.1% |
| Recurring financial income | 75 | €376 | €463 | +€87 | +23.1% |
| Financial charges | 65/66B | €3,145 | €3,701 | +€556 | +17.7% |
| Recurring financial charges | 65 | €3,145 | €3,701 | +€556 | +17.7% |
| Profit (loss) for the period before taxes | 9903 | €35,014 | €1,365 | -€33,650 | -96.1% |
| Income taxes | 67/77 | €4,412 | €4,829 | +€416 | +9.4% |
| Profit (loss) for the period | 9904 | €30,602 | -€3,464 | -€34,066 | |
| Profit (loss) for the period to be appropriated | 9905 | €30,602 | -€3,464 | -€34,066 |
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 17 October 2026 via checked.be.