GARAGE STEYAERT THEO: what changed
What changed
GARAGE STEYAERT THEO
NACE 95.311, General maintenance and repair of cars and light vans (up to 3.5 tonnes)
filed annual accounts (NBB)
Net result for the year
€43,739
2024 · €77,557-€33,818
Equity
€62,339
2024 · €145,814-€83,475
Cash
€309,257
2024 · €258,342+€50,914
Balance sheet total
€461,087
2024 · €444,224+€16,863
Largest movements
Assets
- Cash +€50,914
up €50,914 (+19.7%), from €258,342 to €309,257
mainly Other debts (+€101,840) and Net result for the year (+€43,739)
- Tangible fixed assets -€30,192
down €30,192 (-22.8%), from €132,232 to €102,040
- Receivables within one year -€11,425
down €11,425 (-25.2%), from €45,426 to €34,002
of which Trade receivables: -€11,362
- Stocks and contracts +€7,209
up €7,209 (+144%), from €5,000 to €12,209
Equity and liabilities
- Other debts +€101,840
up €101,840 (+39.8%), from €256,002 to €357,842
- Reserves -€83,475
down €83,475 (-65.6%), from €127,214 to €43,739
- Trade debts +€10,141
up €10,141 (+40.3%), from €25,166 to €35,307
- Current portion of long-term debt -€7,392
down €7,392 (-100%), from €7,392 to €0
Income statement
- Gross operating margin -€31,486
down €31,486 (-22.9%), from €137,602 to €106,117
- Taxes -€5,910
down €5,910 (-22.3%), from €26,480 to €20,570
- Depreciation +€3,405
up €3,405 (+10.9%), from €31,340 to €34,745
- Write-downs +€3,000
up €3,000, from €0 to €3,000
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
€77,557
Gross operating margin
-€31,486
Staff costs
-€624
Depreciation
-€3,405
Write-downs
-€3,000
Other operating charges
-€1,092
Financial income
-€603
Financial charges
+€481
Taxes
+€5,910
Result 2025
€43,739
raises the resultlowers the result
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€190,016
Investment
-€4,495
Financing
-€134,606
Cash 2024
€258,342
From operations (derived)
+€190,016
Net result for the year
+€43,739
Depreciation
+€34,745
Stocks and contracts
-€7,209
Receivables within one year
+€11,425
Deferred charges and accrued income
-€416
Trade debts
+€10,141
Tax, wage and social debts
-€4,250
Other debts
+€101,840
Investment (derived)
-€4,495
Investment in fixed assets (net)
-€4,495
Financing
-€134,606
Current portion of long-term debt
-€7,392
Contributions, distributions and other
-€127,214
Cash 2025
€309,257
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €444,224 | €461,087 | +€16,863 | +3.8% |
| Fixed assets | 21/28 | €132,291 | €102,040 | -€30,250 | -22.9% |
| Intangible fixed assets | 21 | €58 | €0 | -€58 | -100% |
| Tangible fixed assets | 22/27 | €132,232 | €102,040 | -€30,192 | -22.8% |
| Land and buildings | 22 | €57,812 | €47,457 | -€10,355 | -17.9% |
| Plant, machinery and equipment | 23 | €45,308 | €32,213 | -€13,095 | -28.9% |
| Furniture and vehicles | 24 | €29,113 | €17,991 | -€11,121 | -38.2% |
| Other tangible fixed assets | 26 | - | €4,379 | +€4,379 | |
| Current assets | 29/58 | €311,933 | €359,046 | +€47,114 | +15.1% |
| Stocks and contracts in progress | 3 | €5,000 | €12,209 | +€7,209 | +144% |
| Stocks | 30/36 | €5,000 | €12,209 | +€7,209 | +144% |
| Amounts receivable within one year | 40/41 | €45,426 | €34,002 | -€11,425 | -25.2% |
| Trade receivables | 40 | €39,354 | €27,992 | -€11,362 | -28.9% |
| Other amounts receivable | 41 | €6,072 | €6,009 | -€63 | -1.0% |
| Cash at bank and in hand | 54/58 | €258,342 | €309,257 | +€50,914 | +19.7% |
| Deferred charges and accrued income | 490/1 | €3,164 | €3,580 | +€416 | +13.1% |
| Total equity and liabilities | 10/49 | €444,224 | €461,087 | +€16,863 | +3.8% |
| Equity | 10/15 | €145,814 | €62,339 | -€83,475 | -57.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €127,214 | €43,739 | -€83,475 | -65.6% |
| Distributable reserves | 133 | €127,214 | €43,739 | -€83,475 | -65.6% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €298,409 | €398,748 | +€100,339 | +33.6% |
| Amounts payable after more than one year | 17 | €0 | - | = | |
| Financial debts | 170/4 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €298,409 | €398,748 | +€100,339 | +33.6% |
| Current portion of amounts payable after more than one year | 42 | €7,392 | €0 | -€7,392 | -100% |
| Trade debts | 44 | €25,166 | €35,307 | +€10,141 | +40.3% |
| Suppliers | 440/4 | €25,166 | €35,307 | +€10,141 | +40.3% |
| Taxes, remuneration and social security | 45 | €9,849 | €5,599 | -€4,250 | -43.2% |
| Taxes | 450/3 | €9,849 | €5,599 | -€4,250 | -43.2% |
| Other amounts payable | 47/48 | €256,002 | €357,842 | +€101,840 | +39.8% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Non-recurring operating income | 76A | €11,787 | €0 | -€11,787 | -100% |
| Remuneration, social security and pensions | 62 | €0 | €624 | +€624 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €31,340 | €34,745 | +€3,405 | +10.9% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €0 | €3,000 | +€3,000 | |
| Other operating charges | 640/8 | €2,024 | €3,116 | +€1,092 | +53.9% |
| Gross operating margin | 9900 | €137,602 | €106,117 | -€31,486 | -22.9% |
| Operating profit (loss) | 9901 | €104,238 | €64,631 | -€39,607 | -38.0% |
| Financial income | 75/76B | €642 | €39 | -€603 | -93.9% |
| Recurring financial income | 75 | €642 | €39 | -€603 | -93.9% |
| Financial charges | 65/66B | €842 | €362 | -€481 | -57.1% |
| Recurring financial charges | 65 | €842 | €362 | -€481 | -57.1% |
| Profit (loss) for the period before taxes | 9903 | €104,037 | €64,309 | -€39,728 | -38.2% |
| Income taxes | 67/77 | €26,480 | €20,570 | -€5,910 | -22.3% |
| Profit (loss) for the period | 9904 | €77,557 | €43,739 | -€33,818 | -43.6% |
| Profit (loss) for the period to be appropriated | 9905 | €77,557 | €43,739 | -€33,818 | -43.6% |
Next steps
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 5 November 2026 via checked.be.