GARAGE MVS: 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 MVS
Largest movements
- Cash -€7,745
down €7,745 (-91.7%), from €8,444 to €700
mainly Tax, wage and social debts (-€5,381) and Stocks and contracts (-€2,868)
- Stocks and contracts +€2,868
up €2,868 (+19.1%), from €15,050 to €17,918
- Receivables within one year +€1,575
up €1,575 (+5.1%), from €31,151 to €32,727
- Tangible fixed assets +€1,211
up €1,211 (+4.7%), from €25,774 to €26,985
of which Other tangible fixed assets: +€2,026
- Tax, wage and social debts -€5,381
down €5,381 (-77.3%), from €6,958 to €1,577
of which Remuneration and social security: -€4,900
- Profit (loss) carried forward +€3,404
up €3,404 (+6.6%), from €51,493 to €54,897
- Trade debts -€889
no longer reported in 2024 (was €889)
- Taxes -€1,891
no longer reported in 2024 (was €1,891)
- Gross operating margin +€636
up €636 (+12.3%), from €5,176 to €5,812
- Depreciation +€582
up €582 (+74.5%), from €782 to €1,364
- Other operating charges +€571
new in 2024: €571
- Financial charges -€234
down €234 (-33.0%), from €708 to €474
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 | €81,596 | €78,730 | -€2,866 | -3.5% |
| Fixed assets | 21/28 | €26,174 | €27,385 | +€1,211 | +4.6% |
| Tangible fixed assets | 22/27 | €25,774 | €26,985 | +€1,211 | +4.7% |
| Land and buildings | 22 | €23,662 | €23,262 | -€400 | -1.7% |
| Plant, machinery and equipment | 23 | €1,174 | €760 | -€414 | -35.3% |
| Other tangible fixed assets | 26 | €938 | €2,963 | +€2,026 | +216% |
| Financial fixed assets | 28 | €400 | €400 | = | 0.0% |
| Current assets | 29/58 | €55,422 | €51,345 | -€4,077 | -7.4% |
| Stocks and contracts in progress | 3 | €15,050 | €17,918 | +€2,868 | +19.1% |
| Stocks | 30/36 | €15,050 | €17,918 | +€2,868 | +19.1% |
| Amounts receivable within one year | 40/41 | €31,151 | €32,727 | +€1,575 | +5.1% |
| Other amounts receivable | 41 | €31,151 | €32,727 | +€1,575 | +5.1% |
| Cash at bank and in hand | 54/58 | €8,444 | €700 | -€7,745 | -91.7% |
| Deferred charges and accrued income | 490/1 | €776 | - | -€776 | |
| Total equity and liabilities | 10/49 | €81,596 | €78,730 | -€2,866 | -3.5% |
| Equity | 10/15 | €73,749 | €77,153 | +€3,404 | +4.6% |
| Contributions | 10/11 | €14,397 | €14,397 | = | 0.0% |
| Capital | 10 | €14,397 | €14,397 | = | 0.0% |
| Issued capital | 100 | €18,592 | €18,592 | = | 0.0% |
| Uncalled capital | 101 | €4,195 | €4,195 | = | 0.0% |
| Reserves | 13 | €7,859 | €7,859 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Legal reserve | 130 | €1,859 | €1,859 | = | 0.0% |
| Tax-exempt reserves | 132 | €6,000 | €6,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €51,493 | €54,897 | +€3,404 | +6.6% |
| Amounts payable | 17/49 | €7,847 | €1,577 | -€6,270 | -79.9% |
| Amounts payable within one year | 42/48 | €7,847 | €1,577 | -€6,270 | -79.9% |
| Trade debts | 44 | €889 | - | -€889 | |
| Suppliers | 440/4 | €889 | - | -€889 | |
| Taxes, remuneration and social security | 45 | €6,958 | €1,577 | -€5,381 | -77.3% |
| Taxes | 450/3 | €2,058 | €1,577 | -€481 | -23.4% |
| Remuneration and social security | 454/9 | €4,900 | - | -€4,900 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €782 | €1,364 | +€582 | +74.5% |
| Other operating charges | 640/8 | - | €571 | +€571 | |
| Gross operating margin | 9900 | €5,176 | €5,812 | +€636 | +12.3% |
| Operating profit (loss) | 9901 | €4,395 | €3,878 | -€517 | -11.8% |
| Financial charges | 65/66B | €708 | €474 | -€234 | -33.0% |
| Recurring financial charges | 65 | €708 | €474 | -€234 | -33.0% |
| Profit (loss) for the period before taxes | 9903 | €3,687 | €3,404 | -€283 | -7.7% |
| Income taxes | 67/77 | €1,891 | - | -€1,891 | |
| Profit (loss) for the period | 9904 | €1,797 | €3,404 | +€1,607 | +89.5% |
| Profit (loss) for the period to be appropriated | 9905 | €1,797 | €3,404 | +€1,607 | +89.5% |
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 21 October 2026 via checked.be.