GARAGE MALTIN: what changed
GARAGE MALTIN
Largest movements
- Receivables within one year -€48,322
down €48,322 (-69.2%), from €69,808 to €21,486
- Stocks and contracts +€7,000
up €7,000 (+46.7%), from €15,000 to €22,000
- Cash +€1,995
up €1,995 (+75.6%), from €2,640 to €4,635
mainly Receivables within one year (+€48,322) and Net result for the year (+€1,742)
- Tangible fixed assets -€1,043
down €1,043 (-13.9%), from €7,506 to €6,463
of which Other tangible fixed assets: -€800
- Tax, wage and social debts -€22,976
down €22,976 (-67.1%), from €34,235 to €11,259
of which Taxes: -€18,545
- Trade debts -€11,202
down €11,202 (-26.7%), from €42,000 to €30,798
- Other debts -€7,884
down €7,884 (-98.4%), from €8,011 to €127
- Profit (loss) carried forward +€1,742
up €1,742 (+23.5%), from €7,408 to €9,150
- Gross operating margin +€20,109
up €20,109, from -€5,708 to €14,401
- Taxes +€6,385
up €6,385 (+625%), from €1,021 to €7,406
- Other operating charges +€2,657
up €2,657 (+188%), from €1,413 to €4,070
- Depreciation -€843
down €843 (-44.7%), from €1,886 to €1,043
Change in the result, 2023 to 2024
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2023 and 2024 balance sheets and the 2024 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €94,954 | €54,634 | -€40,320 | -42.5% |
| Fixed assets | 21/28 | €7,506 | €6,463 | -€1,043 | -13.9% |
| Tangible fixed assets | 22/27 | €7,506 | €6,463 | -€1,043 | -13.9% |
| Plant, machinery and equipment | 23 | €15 | - | -€15 | |
| Furniture and vehicles | 24 | €293 | €65 | -€228 | -77.8% |
| Other tangible fixed assets | 26 | €7,198 | €6,398 | -€800 | -11.1% |
| Current assets | 29/58 | €87,448 | €48,171 | -€39,277 | -44.9% |
| Stocks and contracts in progress | 3 | €15,000 | €22,000 | +€7,000 | +46.7% |
| Stocks | 30/36 | €15,000 | €22,000 | +€7,000 | +46.7% |
| Amounts receivable within one year | 40/41 | €69,808 | €21,486 | -€48,322 | -69.2% |
| Trade receivables | 40 | €69,808 | €21,486 | -€48,322 | -69.2% |
| Cash at bank and in hand | 54/58 | €2,640 | €4,635 | +€1,995 | +75.6% |
| Deferred charges and accrued income | 490/1 | - | €50 | +€50 | |
| Total equity and liabilities | 10/49 | €94,954 | €54,634 | -€40,320 | -42.5% |
| Equity | 10/15 | €10,708 | €12,450 | +€1,742 | +16.3% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Capital | 10 | €3,000 | €3,000 | = | 0.0% |
| Issued capital | 100 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €300 | €300 | = | 0.0% |
| Non-distributable reserves | 130/1 | €300 | €300 | = | 0.0% |
| Legal reserve | 130 | €300 | €300 | = | 0.0% |
| Profit (loss) carried forward | 14 | €7,408 | €9,150 | +€1,742 | +23.5% |
| Amounts payable | 17/49 | €84,246 | €42,184 | -€42,062 | -49.9% |
| Amounts payable within one year | 42/48 | €84,246 | €42,184 | -€42,062 | -49.9% |
| Trade debts | 44 | €42,000 | €30,798 | -€11,202 | -26.7% |
| Suppliers | 440/4 | €42,000 | €30,798 | -€11,202 | -26.7% |
| Taxes, remuneration and social security | 45 | €34,235 | €11,259 | -€22,976 | -67.1% |
| Taxes | 450/3 | €29,804 | €11,259 | -€18,545 | -62.2% |
| Remuneration and social security | 454/9 | €4,431 | - | -€4,431 | |
| Other amounts payable | 47/48 | €8,011 | €127 | -€7,884 | -98.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,886 | €1,043 | -€843 | -44.7% |
| Other operating charges | 640/8 | €1,413 | €4,070 | +€2,657 | +188% |
| Gross operating margin | 9900 | -€5,708 | €14,401 | +€20,109 | |
| Operating profit (loss) | 9901 | -€9,007 | €9,288 | +€18,295 | |
| Financial charges | 65/66B | €219 | €140 | -€79 | -36.1% |
| Recurring financial charges | 65 | €219 | €140 | -€79 | -36.1% |
| Profit (loss) for the period before taxes | 9903 | -€9,226 | €9,148 | +€18,374 | |
| Income taxes | 67/77 | €1,021 | €7,406 | +€6,385 | +625% |
| Profit (loss) for the period | 9904 | -€10,247 | €1,742 | +€11,989 | |
| Profit (loss) for the period to be appropriated | 9905 | -€10,247 | €1,742 | +€11,989 |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Green is a favourable move for that line, red an unfavourable one. Prepared on 6 November 2026 via checked.be.