GARAGE NATENS: 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 NATENS
Largest movements
- Cash -€18,762
down €18,762 (-31.7%), from €59,161 to €40,399
mainly Investment in fixed assets (net) (-€14,976) and Trade debts (-€13,715)
- Receivables within one year -€10,491
down €10,491 (-44.8%), from €23,399 to €12,908
of which Trade receivables: -€12,028
- Tangible fixed assets +€10,018
up €10,018 (+55.6%), from €18,008 to €28,026
of which Land and buildings: +€10,173
- Stocks and contracts +€3,803
up €3,803 (+1,274%), from €299 to €4,102
- Trade debts -€13,715
down €13,715 (-90.0%), from €15,236 to €1,521
- Profit (loss) carried forward +€10,290
up €10,290 (+24.8%), from €41,566 to €51,856
- Tax, wage and social debts -€10,168
down €10,168 (-59.9%), from €16,966 to €6,798
of which Taxes: -€10,288
- Debts after one year -€3,187
down €3,187 (-41.1%), from €7,757 to €4,570
- Short-term financial debts +€1,532
up €1,532 (+58.5%), from €2,619 to €4,151
- Financial charges +€3,182
up €3,182 (+153%), from €2,078 to €5,260
of which Financial charges: +€2,891
- Depreciation +€1,818
up €1,818 (+57.9%), from €3,140 to €4,958
- Taxes -€1,495
down €1,495 (-27.4%), from €5,463 to €3,968
- Gross operating margin +€1,032
up €1,032 (+4.0%), from €25,829 to €26,861
- Financial income -€829
down €829 (-61.3%), from €1,353 to €524
From the 2024 result to the 2025 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 2024 and 2025 balance sheets and the 2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €110,941 | €95,644 | -€15,297 | -13.8% |
| Fixed assets | 21/28 | €18,008 | €28,026 | +€10,018 | +55.6% |
| Tangible fixed assets | 22/27 | €18,008 | €28,026 | +€10,018 | +55.6% |
| Land and buildings | 22 | €14,348 | €24,521 | +€10,173 | +70.9% |
| Plant, machinery and equipment | 23 | €2,866 | €2,901 | +€35 | +1.2% |
| Furniture and vehicles | 24 | €794 | €604 | -€191 | -24.0% |
| Current assets | 29/58 | €92,933 | €67,618 | -€25,315 | -27.2% |
| Stocks and contracts in progress | 3 | €299 | €4,102 | +€3,803 | +1,274% |
| Stocks | 30/36 | €299 | €4,102 | +€3,803 | +1,274% |
| Amounts receivable within one year | 40/41 | €23,399 | €12,908 | -€10,491 | -44.8% |
| Trade receivables | 40 | €23,399 | €11,371 | -€12,028 | -51.4% |
| Other amounts receivable | 41 | - | €1,537 | +€1,537 | |
| Cash at bank and in hand | 54/58 | €59,161 | €40,399 | -€18,762 | -31.7% |
| Deferred charges and accrued income | 490/1 | €10,075 | €10,209 | +€134 | +1.3% |
| Total equity and liabilities | 10/49 | €110,941 | €95,644 | -€15,297 | -13.8% |
| Equity | 10/15 | €67,148 | €77,438 | +€10,290 | +15.3% |
| Contributions | 10/11 | €18,928 | €18,928 | = | 0.0% |
| Reserves | 13 | €6,654 | €6,654 | = | 0.0% |
| Distributable reserves | 133 | €6,654 | €6,654 | = | 0.0% |
| Profit (loss) carried forward | 14 | €41,566 | €51,856 | +€10,290 | +24.8% |
| Amounts payable | 17/49 | €43,793 | €18,206 | -€25,588 | -58.4% |
| Amounts payable after more than one year | 17 | €7,757 | €4,570 | -€3,187 | -41.1% |
| Other amounts payable | 178/9 | €7,757 | €4,570 | -€3,187 | -41.1% |
| Amounts payable within one year | 42/48 | €35,941 | €13,636 | -€22,305 | -62.1% |
| Financial debts | 43 | €2,619 | €4,151 | +€1,532 | +58.5% |
| Credit institutions | 430/8 | €2,619 | €4,151 | +€1,532 | +58.5% |
| Trade debts | 44 | €15,236 | €1,521 | -€13,715 | -90.0% |
| Suppliers | 440/4 | €15,236 | €1,521 | -€13,715 | -90.0% |
| Taxes, remuneration and social security | 45 | €16,966 | €6,798 | -€10,168 | -59.9% |
| Taxes | 450/3 | €15,816 | €5,528 | -€10,288 | -65.0% |
| Remuneration and social security | 454/9 | €1,150 | €1,270 | +€120 | +10.4% |
| Other amounts payable | 47/48 | €1,120 | €1,166 | +€46 | +4.1% |
| Accrued charges and deferred income | 492/3 | €95 | - | -€95 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,140 | €4,958 | +€1,818 | +57.9% |
| Other operating charges | 640/8 | €1,047 | €951 | -€96 | -9.2% |
| Non-recurring operating charges | 66A | €329 | €291 | -€38 | -11.5% |
| Gross operating margin | 9900 | €25,829 | €26,861 | +€1,032 | +4.0% |
| Operating profit (loss) | 9901 | €21,313 | €20,661 | -€652 | -3.1% |
| Financial income | 75/76B | €1,353 | €524 | -€829 | -61.3% |
| Recurring financial income | 75 | €1,353 | €524 | -€829 | -61.3% |
| Financial charges | 65/66B | €2,078 | €5,260 | +€3,182 | +153% |
| Recurring financial charges | 65 | €2,078 | €4,969 | +€2,891 | +139% |
| Non-recurring financial charges | 66B | - | €291 | +€291 | |
| Profit (loss) for the period before taxes | 9903 | €20,587 | €15,925 | -€4,663 | -22.6% |
| Income taxes | 67/77 | €5,463 | €3,968 | -€1,495 | -27.4% |
| Profit (loss) for the period | 9904 | €15,124 | €11,956 | -€3,168 | -20.9% |
| Profit (loss) for the period to be appropriated | 9905 | €15,124 | €11,956 | -€3,168 | -20.9% |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 October 2026 via checked.be.