GARAGE-SINONQUEL: 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-SINONQUEL
Largest movements
- Cash -€190,141
down €190,141 (-70.7%), from €268,752 to €78,611
mainly Investment in fixed assets (net) (-€110,771) and Other debts (-€100,000)
- Tangible fixed assets +€74,801
up €74,801 (+77.2%), from €96,839 to €171,640
of which Furniture and vehicles: +€56,130
- Other debts -€100,000
down €100,000 (-31.7%), from €315,322 to €215,322
- Tax, wage and social debts -€7,469
down €7,469 (-32.3%), from €23,119 to €15,650
of which Taxes: -€9,576
- Profit (loss) carried forward -€5,766
down €5,766 (-14.3%), from -€40,322 to -€46,088
- Turnover -€152,418
down €152,418 (-18.6%), from €818,874 to €666,456
- Purchases and services -€50,584
down €50,584 (-8.3%), from €610,731 to €560,147
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 | €468,652 | €351,100 | -€117,552 | -25.1% |
| Fixed assets | 21/28 | €96,887 | €171,688 | +€74,801 | +77.2% |
| Tangible fixed assets | 22/27 | €96,839 | €171,640 | +€74,801 | +77.2% |
| Plant, machinery and equipment | 23 | €40,019 | €58,690 | +€18,671 | +46.7% |
| Furniture and vehicles | 24 | €56,820 | €112,950 | +€56,130 | +98.8% |
| Financial fixed assets | 28 | €48 | €48 | = | 0.0% |
| Current assets | 29/58 | €371,765 | €179,412 | -€192,353 | -51.7% |
| Stocks and contracts in progress | 3 | €61,505 | €58,966 | -€2,539 | -4.1% |
| Stocks | 30/36 | €61,505 | €58,966 | -€2,539 | -4.1% |
| Amounts receivable within one year | 40/41 | €41,508 | €38,607 | -€2,901 | -7.0% |
| Trade receivables | 40 | €41,508 | €37,731 | -€3,777 | -9.1% |
| Other amounts receivable | 41 | - | €876 | +€876 | |
| Cash at bank and in hand | 54/58 | €268,752 | €78,611 | -€190,141 | -70.7% |
| Deferred charges and accrued income | 490/1 | - | €3,228 | +€3,228 | |
| Total equity and liabilities | 10/49 | €468,652 | €351,100 | -€117,552 | -25.1% |
| Equity | 10/15 | €125,894 | €120,128 | -€5,766 | -4.6% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €147,624 | €147,624 | = | 0.0% |
| Tax-exempt reserves | 132 | €18,750 | €18,750 | = | 0.0% |
| Distributable reserves | 133 | €128,874 | €128,874 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€40,322 | -€46,088 | -€5,766 | -14.3% |
| Amounts payable | 17/49 | €342,758 | €230,972 | -€111,786 | -32.6% |
| Amounts payable within one year | 42/48 | €342,758 | €230,972 | -€111,786 | -32.6% |
| Trade debts | 44 | €4,317 | - | -€4,317 | |
| Suppliers | 440/4 | €4,317 | - | -€4,317 | |
| Taxes, remuneration and social security | 45 | €23,119 | €15,650 | -€7,469 | -32.3% |
| Taxes | 450/3 | €10,009 | €433 | -€9,576 | -95.7% |
| Remuneration and social security | 454/9 | €13,110 | €15,217 | +€2,107 | +16.1% |
| Other amounts payable | 47/48 | €315,322 | €215,322 | -€100,000 | -31.7% |
| Turnover | 70 | €818,874 | €666,456 | -€152,418 | -18.6% |
| Goods, raw materials, services and sundry goods | 60/61 | €610,731 | €560,147 | -€50,584 | -8.3% |
| Remuneration, social security and pensions | 62 | €175,228 | €177,650 | +€2,422 | +1.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €34,438 | €35,970 | +€1,532 | +4.4% |
| Other operating charges | 640/8 | €3,117 | €2,094 | -€1,023 | -32.8% |
| Gross operating margin | 9900 | €213,851 | €211,686 | -€2,165 | -1.0% |
| Operating profit (loss) | 9901 | €1,068 | -€4,028 | -€5,096 | |
| Financial charges | 65/66B | €808 | €1,304 | +€496 | +61.4% |
| Recurring financial charges | 65 | €808 | €1,304 | +€496 | +61.4% |
| Profit (loss) for the period before taxes | 9903 | €260 | -€5,332 | -€5,592 | |
| Income taxes | 67/77 | €131 | €434 | +€303 | +231% |
| Profit (loss) for the period | 9904 | €129 | -€5,766 | -€5,895 | |
| Profit (loss) for the period to be appropriated | 9905 | €129 | -€5,766 | -€5,895 |
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 31 October 2026 via checked.be.