GARAGE SANDER: 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 SANDER
Largest movements
- Stocks and contracts +€321,228
up €321,228 (+18.2%), from €1.8m to €2.1m
- Receivables within one year +€235,326
up €235,326 (+157%), from €149,893 to €385,220
of which Trade receivables: +€228,817
- Cash -€101,624
down €101,624 (-42.3%), from €240,192 to €138,568
mainly Contributions, distributions and other (-€388,800) and Stocks and contracts (-€321,228)
- Short-term financial debts +€260,000
up €260,000 (+39.1%), from €665,000 to €925,000
- Trade debts +€211,906
up €211,906 (+97.3%), from €217,773 to €429,679
- Other debts +€127,790
up €127,790 (+44.5%), from €287,217 to €415,006
- Profit (loss) carried forward -€88,809
down €88,809 (-35.2%), from €251,942 to €163,133
- Current portion of long-term debt -€50,447
down €50,447 (-96.2%), from €52,413 to €1,966
- Gross operating margin +€370,936
up €370,936 (+55.1%), from €673,566 to €1.0m
- Staff costs +€160,282
up €160,282 (+33.7%), from €476,049 to €636,331
- Write-downs +€26,354
new in 2025: €26,354
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 | €2,196,242 | €2,674,879 | +€478,636 | +21.8% |
| Fixed assets | 21/28 | €32,157 | €39,677 | +€7,520 | +23.4% |
| Tangible fixed assets | 22/27 | €32,157 | €39,677 | +€7,520 | +23.4% |
| Land and buildings | 22 | €17,672 | €28,996 | +€11,324 | +64.1% |
| Plant, machinery and equipment | 23 | €11,953 | €9,780 | -€2,173 | -18.2% |
| Furniture and vehicles | 24 | €2,533 | €902 | -€1,631 | -64.4% |
| Current assets | 29/58 | €2,164,085 | €2,635,201 | +€471,116 | +21.8% |
| Stocks and contracts in progress | 3 | €1,767,673 | €2,088,901 | +€321,228 | +18.2% |
| Stocks | 30/36 | €1,767,673 | €2,088,901 | +€321,228 | +18.2% |
| Amounts receivable within one year | 40/41 | €149,893 | €385,220 | +€235,326 | +157% |
| Trade receivables | 40 | €16,457 | €245,274 | +€228,817 | +1,390% |
| Other amounts receivable | 41 | €133,436 | €139,946 | +€6,510 | +4.9% |
| Cash at bank and in hand | 54/58 | €240,192 | €138,568 | -€101,624 | -42.3% |
| Deferred charges and accrued income | 490/1 | €6,327 | €22,512 | +€16,185 | +256% |
| Total equity and liabilities | 10/49 | €2,196,242 | €2,674,879 | +€478,636 | +21.8% |
| Equity | 10/15 | €860,452 | €771,643 | -€88,809 | -10.3% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €596,110 | €596,110 | = | 0.0% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Tax-exempt reserves | 132 | €37,500 | €37,500 | = | 0.0% |
| Distributable reserves | 133 | €558,610 | €558,610 | = | 0.0% |
| Profit (loss) carried forward | 14 | €251,942 | €163,133 | -€88,809 | -35.2% |
| Amounts payable | 17/49 | €1,335,790 | €1,903,235 | +€567,445 | +42.5% |
| Amounts payable after more than one year | 17 | €1,966 | €0 | -€1,966 | -100% |
| Financial debts | 170/4 | €1,966 | €0 | -€1,966 | -100% |
| Amounts payable within one year | 42/48 | €1,333,824 | €1,903,235 | +€569,411 | +42.7% |
| Current portion of amounts payable after more than one year | 42 | €52,413 | €1,966 | -€50,447 | -96.2% |
| Financial debts | 43 | €665,000 | €925,000 | +€260,000 | +39.1% |
| Credit institutions | 430/8 | €665,000 | €925,000 | +€260,000 | +39.1% |
| Trade debts | 44 | €217,773 | €429,679 | +€211,906 | +97.3% |
| Suppliers | 440/4 | €217,773 | €429,679 | +€211,906 | +97.3% |
| Taxes, remuneration and social security | 45 | €111,421 | €131,583 | +€20,163 | +18.1% |
| Taxes | 450/3 | €31,093 | €50,792 | +€19,699 | +63.4% |
| Remuneration and social security | 454/9 | €80,328 | €80,792 | +€464 | +0.6% |
| Other amounts payable | 47/48 | €287,217 | €415,006 | +€127,790 | +44.5% |
| Remuneration, social security and pensions | 62 | €476,049 | €636,331 | +€160,282 | +33.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,431 | €6,865 | +€434 | +6.7% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €26,354 | +€26,354 | |
| Other operating charges | 640/8 | €9,881 | €12,256 | +€2,375 | +24.0% |
| Gross operating margin | 9900 | €673,566 | €1,044,502 | +€370,936 | +55.1% |
| Operating profit (loss) | 9901 | €181,205 | €362,697 | +€181,492 | +100% |
| Financial income | 75/76B | €590 | €109 | -€481 | -81.6% |
| Recurring financial income | 75 | €590 | €109 | -€481 | -81.6% |
| Financial charges | 65/66B | €50,573 | €43,685 | -€6,888 | -13.6% |
| Recurring financial charges | 65 | €50,573 | €43,685 | -€6,888 | -13.6% |
| Profit (loss) for the period before taxes | 9903 | €131,221 | €319,121 | +€187,899 | +143% |
| Income taxes | 67/77 | €27,388 | €19,129 | -€8,258 | -30.2% |
| Profit (loss) for the period | 9904 | €103,834 | €299,991 | +€196,157 | +189% |
| Profit (loss) for the period to be appropriated | 9905 | €103,834 | €299,991 | +€196,157 | +189% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 23 October 2026 via checked.be.