GARAGE VALLES: 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 VALLES
Largest movements
- Receivables within one year +€44,657
up €44,657 (+35.9%), from €124,256 to €168,913
of which Trade receivables: +€48,180
- Stocks and contracts -€22,100
down €22,100 (-63.6%), from €34,739 to €12,639
- Tangible fixed assets -€14,104
down €14,104 (-6.4%), from €220,241 to €206,137
of which Land and buildings: -€8,351
- Trade debts +€63,945
up €63,945 (+488%), from €13,103 to €77,048
- Profit (loss) carried forward -€20,090
down €20,090, from €5,922 to -€14,169
- Other debts -€18,984
down €18,984 (-12.0%), from €157,907 to €138,922
- Debts after one year -€15,352
down €15,352 (-9.4%), from €163,609 to €148,257
- Short-term financial debts -€5,066
down €5,066 (-100%), from €5,066 to €0
- Gross operating margin -€40,417
down €40,417 (-88.6%), from €45,637 to €5,220
- Depreciation -€6,468
down €6,468 (-31.4%), from €20,572 to €14,104
- Other operating charges -€5,315
down €5,315 (-43.5%), from €12,206 to €6,891
- Taxes -€2,408
down €2,408 (-93.2%), from €2,584 to €176
- Financial charges -€685
down €685 (-13.0%), from €5,275 to €4,590
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 | €385,528 | €395,748 | +€10,219 | +2.7% |
| Fixed assets | 21/28 | €221,031 | €206,927 | -€14,104 | -6.4% |
| Tangible fixed assets | 22/27 | €220,241 | €206,137 | -€14,104 | -6.4% |
| Land and buildings | 22 | €206,351 | €198,000 | -€8,351 | -4.0% |
| Plant, machinery and equipment | 23 | €7,462 | €4,264 | -€3,199 | -42.9% |
| Furniture and vehicles | 24 | €2,274 | €1,198 | -€1,076 | -47.3% |
| Other tangible fixed assets | 26 | €4,154 | €2,676 | -€1,478 | -35.6% |
| Financial fixed assets | 28 | €790 | €790 | = | 0.0% |
| Current assets | 29/58 | €164,497 | €188,820 | +€24,323 | +14.8% |
| Stocks and contracts in progress | 3 | €34,739 | €12,639 | -€22,100 | -63.6% |
| Stocks | 30/36 | €34,739 | €12,639 | -€22,100 | -63.6% |
| Amounts receivable within one year | 40/41 | €124,256 | €168,913 | +€44,657 | +35.9% |
| Trade receivables | 40 | €120,722 | €168,902 | +€48,180 | +39.9% |
| Other amounts receivable | 41 | €3,534 | €11 | -€3,523 | -99.7% |
| Cash at bank and in hand | 54/58 | €5,202 | €6,993 | +€1,791 | +34.4% |
| Deferred charges and accrued income | 490/1 | €300 | €275 | -€25 | -8.3% |
| Total equity and liabilities | 10/49 | €385,528 | €395,748 | +€10,219 | +2.7% |
| Equity | 10/15 | €24,522 | €4,431 | -€20,090 | -81.9% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | €5,922 | -€14,169 | -€20,090 | |
| Amounts payable | 17/49 | €361,006 | €391,316 | +€30,310 | +8.4% |
| Amounts payable after more than one year | 17 | €163,609 | €148,257 | -€15,352 | -9.4% |
| Financial debts | 170/4 | €163,609 | €148,257 | -€15,352 | -9.4% |
| Amounts payable within one year | 42/48 | €197,397 | €243,059 | +€45,662 | +23.1% |
| Current portion of amounts payable after more than one year | 42 | €15,017 | €16,616 | +€1,599 | +10.7% |
| Financial debts | 43 | €5,066 | €0 | -€5,066 | -100% |
| Credit institutions | 430/8 | €5,066 | €0 | -€5,066 | -100% |
| Trade debts | 44 | €13,103 | €77,048 | +€63,945 | +488% |
| Suppliers | 440/4 | €13,103 | €77,048 | +€63,945 | +488% |
| Taxes, remuneration and social security | 45 | €6,305 | €10,472 | +€4,167 | +66.1% |
| Taxes | 450/3 | €6,305 | €10,472 | +€4,167 | +66.1% |
| Remuneration and social security | 454/9 | €0 | €0 | = | |
| Other amounts payable | 47/48 | €157,907 | €138,922 | -€18,984 | -12.0% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Turnover | 70 | €0 | - | = | |
| Goods, raw materials, services and sundry goods | 60/61 | €0 | - | = | |
| Remuneration, social security and pensions | 62 | €0 | - | -€0 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €20,572 | €14,104 | -€6,468 | -31.4% |
| Other operating charges | 640/8 | €12,206 | €6,891 | -€5,315 | -43.5% |
| Gross operating margin | 9900 | €45,637 | €5,220 | -€40,417 | -88.6% |
| Operating profit (loss) | 9901 | €12,858 | -€15,775 | -€28,634 | |
| Financial income | 75/76B | - | €451 | +€451 | |
| Recurring financial income | 75 | - | €451 | +€451 | |
| Financial charges | 65/66B | €5,275 | €4,590 | -€685 | -13.0% |
| Recurring financial charges | 65 | €5,275 | €4,590 | -€685 | -13.0% |
| Profit (loss) for the period before taxes | 9903 | €7,583 | -€19,914 | -€27,498 | |
| Income taxes | 67/77 | €2,584 | €176 | -€2,408 | -93.2% |
| Profit (loss) for the period | 9904 | €4,999 | -€20,090 | -€25,090 | |
| Profit (loss) for the period to be appropriated | 9905 | €4,999 | -€20,090 | -€25,090 |
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.