GARAGE OTTA: 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 OTTA
Largest movements
- Receivables within one year -€5,400
down €5,400 (-71.4%), from €7,558 to €2,158
- Tangible fixed assets +€4,802
new in 2024: €4,802
of which Plant, machinery and equipment: +€3,315
- Financial fixed assets +€3,600
new in 2024: €3,600
- Cash +€3,270
up €3,270 (+90.7%), from €3,605 to €6,875
mainly Tax, wage and social debts (+€10,295) and Receivables within one year (+€5,400)
- Tax, wage and social debts +€10,295
up €10,295 (+184%), from €5,603 to €15,898
of which Taxes: +€6,484
- Trade debts -€4,822
down €4,822 (-56.2%), from €8,582 to €3,760
- Profit (loss) carried forward +€3,379
up €3,379 (+19.4%), from -€17,460 to -€14,081
- Other debts -€1,425
down €1,425 (-8.3%), from €17,121 to €15,696
- Accrued charges and deferred income -€1,360
no longer reported in 2024 (was €1,360)
- Gross operating margin +€7,115
up €7,115 (+140%), from €5,076 to €12,191
- Other operating charges +€5,346
up €5,346 (+561%), from €953 to €6,299
- Depreciation +€1,101
up €1,101 (+551%), from €200 to €1,301
- Taxes +€385
new in 2024: €385
- Financial charges +€264
up €264 (+46.8%), from €564 to €827
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 | €18,207 | €24,273 | +€6,066 | +33.3% |
| Fixed assets | 21/28 | €599 | €8,801 | +€8,202 | +1,368% |
| Intangible fixed assets | 21 | €599 | €399 | -€200 | -33.4% |
| Tangible fixed assets | 22/27 | - | €4,802 | +€4,802 | |
| Plant, machinery and equipment | 23 | - | €3,315 | +€3,315 | |
| Furniture and vehicles | 24 | - | €1,486 | +€1,486 | |
| Financial fixed assets | 28 | - | €3,600 | +€3,600 | |
| Current assets | 29/58 | €17,608 | €15,472 | -€2,136 | -12.1% |
| Stocks and contracts in progress | 3 | €6,444 | €6,438 | -€6 | -0.1% |
| Stocks | 30/36 | €6,444 | €6,438 | -€6 | -0.1% |
| Amounts receivable within one year | 40/41 | €7,558 | €2,158 | -€5,400 | -71.4% |
| Trade receivables | 40 | €7,558 | €2,158 | -€5,400 | -71.4% |
| Cash at bank and in hand | 54/58 | €3,605 | €6,875 | +€3,270 | +90.7% |
| Total equity and liabilities | 10/49 | €18,207 | €24,273 | +€6,066 | +33.3% |
| Equity | 10/15 | -€14,460 | -€11,081 | +€3,379 | +23.4% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€17,460 | -€14,081 | +€3,379 | +19.4% |
| Amounts payable | 17/49 | €32,667 | €35,354 | +€2,687 | +8.2% |
| Amounts payable within one year | 42/48 | €31,307 | €35,354 | +€4,047 | +12.9% |
| Trade debts | 44 | €8,582 | €3,760 | -€4,822 | -56.2% |
| Suppliers | 440/4 | €8,582 | €3,760 | -€4,822 | -56.2% |
| Taxes, remuneration and social security | 45 | €5,603 | €15,898 | +€10,295 | +184% |
| Taxes | 450/3 | €5,603 | €12,087 | +€6,484 | +116% |
| Remuneration and social security | 454/9 | - | €3,811 | +€3,811 | |
| Other amounts payable | 47/48 | €17,121 | €15,696 | -€1,425 | -8.3% |
| Accrued charges and deferred income | 492/3 | €1,360 | - | -€1,360 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €200 | €1,301 | +€1,101 | +551% |
| Other operating charges | 640/8 | €953 | €6,299 | +€5,346 | +561% |
| Gross operating margin | 9900 | €5,076 | €12,191 | +€7,115 | +140% |
| Operating profit (loss) | 9901 | €3,923 | €4,591 | +€668 | +17.0% |
| Financial income | 75/76B | €8 | €0 | -€8 | -94.7% |
| Recurring financial income | 75 | €8 | €0 | -€8 | -94.7% |
| Financial charges | 65/66B | €564 | €827 | +€264 | +46.8% |
| Recurring financial charges | 65 | €564 | €827 | +€264 | +46.8% |
| Profit (loss) for the period before taxes | 9903 | €3,367 | €3,764 | +€397 | +11.8% |
| Income taxes | 67/77 | - | €385 | +€385 | |
| Profit (loss) for the period | 9904 | €3,367 | €3,379 | +€12 | +0.3% |
| Profit (loss) for the period to be appropriated | 9905 | €3,367 | €3,379 | +€12 | +0.3% |
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.