Garage Mécanocar: 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 Mécanocar
Largest movements
- Receivables within one year -€111,367
down €111,367 (-28.7%), from €388,687 to €277,320
of which Other amounts receivable: -€136,027
- Cash -€10,033
down €10,033 (-46.7%), from €21,486 to €11,453
mainly Net result for the year (-€112,874) and Debts after one year (-€7,069)
- Profit (loss) carried forward -€112,874
down €112,874 (-34.0%), from €332,055 to €219,180
- Debts after one year -€7,069
down €7,069 (-79.6%), from €8,883 to €1,814
- Tax, wage and social debts -€6,692
down €6,692 (-84.6%), from €7,906 to €1,214
- Financial charges +€134,075
up €134,075 (+16,755%), from €800 to €134,876
of which Non-recurring financial charges: +€133,996
- Gross operating margin -€35,221
down €35,221 (-42.6%), from €82,708 to €47,487
- Taxes -€7,117
down €7,117 (-57.1%), from €12,458 to €5,341
- Staff costs -€1,423
down €1,423 (-10.4%), from €13,678 to €12,255
- Depreciation +€876
up €876 (+12.6%), from €6,940 to €7,817
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 | €452,219 | €325,287 | -€126,932 | -28.1% |
| Fixed assets | 21/28 | €21,205 | €18,388 | -€2,817 | -13.3% |
| Tangible fixed assets | 22/27 | €21,205 | €18,388 | -€2,817 | -13.3% |
| Land and buildings | 22 | €356 | €3 | -€353 | -99.2% |
| Plant, machinery and equipment | 23 | €20,849 | €18,385 | -€2,464 | -11.8% |
| Furniture and vehicles | 24 | €0 | €0 | = | 0.0% |
| Current assets | 29/58 | €431,015 | €306,899 | -€124,116 | -28.8% |
| Stocks and contracts in progress | 3 | €20,841 | €18,126 | -€2,715 | -13.0% |
| Stocks | 30/36 | €20,841 | €18,126 | -€2,715 | -13.0% |
| Amounts receivable within one year | 40/41 | €388,687 | €277,320 | -€111,367 | -28.7% |
| Trade receivables | 40 | €252,661 | €277,320 | +€24,659 | +9.8% |
| Other amounts receivable | 41 | €136,027 | - | -€136,027 | |
| Cash at bank and in hand | 54/58 | €21,486 | €11,453 | -€10,033 | -46.7% |
| Total equity and liabilities | 10/49 | €452,219 | €325,287 | -€126,932 | -28.1% |
| Equity | 10/15 | €340,115 | €227,240 | -€112,874 | -33.2% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €332,055 | €219,180 | -€112,874 | -34.0% |
| Amounts payable | 17/49 | €112,105 | €98,047 | -€14,058 | -12.5% |
| Amounts payable after more than one year | 17 | €8,883 | €1,814 | -€7,069 | -79.6% |
| Financial debts | 170/4 | €8,883 | €1,814 | -€7,069 | -79.6% |
| Amounts payable within one year | 42/48 | €103,222 | €96,233 | -€6,989 | -6.8% |
| Current portion of amounts payable after more than one year | 42 | €6,778 | €7,069 | +€291 | +4.3% |
| Trade debts | 44 | €88,539 | €87,950 | -€588 | -0.7% |
| Suppliers | 440/4 | €88,539 | €87,950 | -€588 | -0.7% |
| Taxes, remuneration and social security | 45 | €7,906 | €1,214 | -€6,692 | -84.6% |
| Taxes | 450/3 | €7,906 | €1,214 | -€6,692 | -84.6% |
| Remuneration, social security and pensions | 62 | €13,678 | €12,255 | -€1,423 | -10.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,940 | €7,817 | +€876 | +12.6% |
| Other operating charges | 640/8 | €358 | €73 | -€285 | -79.6% |
| Gross operating margin | 9900 | €82,708 | €47,487 | -€35,221 | -42.6% |
| Operating profit (loss) | 9901 | €61,732 | €27,343 | -€34,389 | -55.7% |
| Financial income | 75/76B | €226 | €0 | -€226 | -100.0% |
| Recurring financial income | 75 | €226 | €0 | -€226 | -100.0% |
| Financial charges | 65/66B | €800 | €134,876 | +€134,075 | +16,755% |
| Recurring financial charges | 65 | €742 | €821 | +€79 | +10.7% |
| Non-recurring financial charges | 66B | €58 | €134,054 | +€133,996 | +231,028% |
| Profit (loss) for the period before taxes | 9903 | €61,158 | -€107,533 | -€168,691 | |
| Income taxes | 67/77 | €12,458 | €5,341 | -€7,117 | -57.1% |
| Profit (loss) for the period | 9904 | €48,700 | -€112,874 | -€161,574 | |
| Profit (loss) for the period to be appropriated | 9905 | €48,700 | -€112,874 | -€161,574 |
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 29 October 2026 via checked.be.