GARAGE QTR: 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 QTR
Largest movements
- Cash -€34,268
down €34,268 (-45.6%), from €75,144 to €40,877
mainly Other debts (-€24,896) and Net result for the year (-€16,981)
- Receivables within one year -€10,199
down €10,199 (-67.1%), from €15,199 to €5,000
of which Trade receivables: -€10,007
- Tangible fixed assets -€4,869
down €4,869 (-95.4%), from €5,102 to €234
of which Plant, machinery and equipment: -€4,218
- Other debts -€24,896
down €24,896 (-97.1%), from €25,653 to €756
- Profit (loss) carried forward -€16,981
down €16,981 (-55.6%), from €30,558 to €13,578
- Tax, wage and social debts -€5,480
down €5,480 (-94.9%), from €5,777 to €296
of which Taxes: -€2,769
- Trade debts -€1,978
down €1,978 (-79.2%), from €2,499 to €520
- Gross operating margin -€30,388
down €30,388, from €22,931 to -€7,457
- Staff costs -€20,501
down €20,501 (-86.8%), from €23,625 to €3,124
- Write-downs +€4,980
new in 2024: €4,980
- Depreciation -€997
down €997 (-60.5%), from €1,648 to €651
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 | €95,446 | €46,110 | -€49,336 | -51.7% |
| Fixed assets | 21/28 | €5,102 | €234 | -€4,869 | -95.4% |
| Tangible fixed assets | 22/27 | €5,102 | €234 | -€4,869 | -95.4% |
| Plant, machinery and equipment | 23 | €4,218 | €0 | -€4,218 | -100% |
| Furniture and vehicles | 24 | €885 | €234 | -€651 | -73.6% |
| Current assets | 29/58 | €90,343 | €45,877 | -€44,467 | -49.2% |
| Amounts receivable within one year | 40/41 | €15,199 | €5,000 | -€10,199 | -67.1% |
| Trade receivables | 40 | €14,007 | €4,000 | -€10,007 | -71.4% |
| Other amounts receivable | 41 | €1,192 | €1,000 | -€192 | -16.1% |
| Cash at bank and in hand | 54/58 | €75,144 | €40,877 | -€34,268 | -45.6% |
| Total equity and liabilities | 10/49 | €95,446 | €46,110 | -€49,336 | -51.7% |
| Equity | 10/15 | €61,518 | €44,538 | -€16,981 | -27.6% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €12,360 | €12,360 | = | 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% |
| Distributable reserves | 133 | €10,500 | €10,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €30,558 | €13,578 | -€16,981 | -55.6% |
| Amounts payable | 17/49 | €33,928 | €1,573 | -€32,355 | -95.4% |
| Amounts payable within one year | 42/48 | €33,928 | €1,573 | -€32,355 | -95.4% |
| Trade debts | 44 | €2,499 | €520 | -€1,978 | -79.2% |
| Suppliers | 440/4 | €2,499 | €520 | -€1,978 | -79.2% |
| Taxes, remuneration and social security | 45 | €5,777 | €296 | -€5,480 | -94.9% |
| Taxes | 450/3 | €3,065 | €296 | -€2,769 | -90.3% |
| Remuneration and social security | 454/9 | €2,712 | €0 | -€2,712 | -100% |
| Other amounts payable | 47/48 | €25,653 | €756 | -€24,896 | -97.1% |
| Remuneration, social security and pensions | 62 | €23,625 | €3,124 | -€20,501 | -86.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,648 | €651 | -€997 | -60.5% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €4,980 | +€4,980 | |
| Other operating charges | 640/8 | €537 | €566 | +€29 | +5.5% |
| Non-recurring operating charges | 66A | - | €86 | +€86 | |
| Gross operating margin | 9900 | €22,931 | -€7,457 | -€30,388 | |
| Operating profit (loss) | 9901 | -€2,879 | -€16,863 | -€13,984 | -486% |
| Financial income | 75/76B | €24 | €0 | -€24 | -100.0% |
| Recurring financial income | 75 | €24 | €0 | -€24 | -100.0% |
| Financial charges | 65/66B | €104 | €117 | +€13 | +12.3% |
| Recurring financial charges | 65 | €104 | €117 | +€13 | +12.3% |
| Profit (loss) for the period before taxes | 9903 | -€2,959 | -€16,981 | -€14,021 | -474% |
| Income taxes | 67/77 | €0 | - | = | |
| Profit (loss) for the period | 9904 | -€2,959 | -€16,981 | -€14,021 | -474% |
| Profit (loss) for the period to be appropriated | 9905 | -€2,959 | -€16,981 | -€14,021 | -474% |
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 19 October 2026 via checked.be.