Garage Van Caeneghem: 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 Van Caeneghem
Largest movements
- Cash +€21,897
up €21,897 (+48.9%), from €44,801 to €66,698
mainly Net result for the year (+€12,672) and Depreciation (+€9,936)
- Tangible fixed assets -€9,936
down €9,936 (-31.1%), from €31,961 to €22,025
of which Furniture and vehicles: -€6,772
- Receivables within one year +€7,878
up €7,878 (+31.9%), from €24,681 to €32,559
- Stocks and contracts -€4,081
down €4,081 (-4.4%), from €92,285 to €88,204
- Reserves +€12,672
up €12,672 (+19.3%), from €65,652 to €78,324
of which Distributable reserves: +€12,672
- Trade debts -€9,934
down €9,934 (-61.2%), from €16,233 to €6,299
- Tax, wage and social debts +€9,558
up €9,558 (+98.3%), from €9,725 to €19,283
of which Taxes: +€11,408
- Other debts +€2,311
up €2,311 (+3.4%), from €68,857 to €71,168
- Gross operating margin +€19,566
up €19,566 (+27.7%), from €70,667 to €90,233
- Staff costs +€4,946
up €4,946 (+10.3%), from €47,958 to €52,903
- Taxes +€3,928
up €3,928 (+183%), from €2,146 to €6,074
- Financial charges +€1,189
up €1,189 (+33.9%), from €3,501 to €4,690
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 | €194,746 | €210,527 | +€15,781 | +8.1% |
| Fixed assets | 21/28 | €32,011 | €22,075 | -€9,936 | -31.0% |
| Tangible fixed assets | 22/27 | €31,961 | €22,025 | -€9,936 | -31.1% |
| Plant, machinery and equipment | 23 | €2,441 | €1,745 | -€697 | -28.5% |
| Furniture and vehicles | 24 | €17,184 | €10,413 | -€6,772 | -39.4% |
| Other tangible fixed assets | 26 | €12,335 | €9,868 | -€2,467 | -20.0% |
| Financial fixed assets | 28 | €50 | €50 | = | 0.0% |
| Current assets | 29/58 | €162,735 | €188,452 | +€25,717 | +15.8% |
| Stocks and contracts in progress | 3 | €92,285 | €88,204 | -€4,081 | -4.4% |
| Stocks | 30/36 | €92,285 | €88,204 | -€4,081 | -4.4% |
| Amounts receivable within one year | 40/41 | €24,681 | €32,559 | +€7,878 | +31.9% |
| Trade receivables | 40 | €24,681 | €32,559 | +€7,878 | +31.9% |
| Cash at bank and in hand | 54/58 | €44,801 | €66,698 | +€21,897 | +48.9% |
| Deferred charges and accrued income | 490/1 | €968 | €991 | +€23 | +2.4% |
| Total equity and liabilities | 10/49 | €194,746 | €210,527 | +€15,781 | +8.1% |
| Equity | 10/15 | €96,639 | €109,311 | +€12,672 | +13.1% |
| Contributions | 10/11 | €30,987 | €30,987 | = | 0.0% |
| Reserves | 13 | €65,652 | €78,324 | +€12,672 | +19.3% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €65,652 | €78,324 | +€12,672 | +19.3% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €98,107 | €101,216 | +€3,109 | +3.2% |
| Amounts payable within one year | 42/48 | €94,816 | €96,750 | +€1,934 | +2.0% |
| Trade debts | 44 | €16,233 | €6,299 | -€9,934 | -61.2% |
| Suppliers | 440/4 | €16,233 | €6,299 | -€9,934 | -61.2% |
| Taxes, remuneration and social security | 45 | €9,725 | €19,283 | +€9,558 | +98.3% |
| Taxes | 450/3 | €646 | €12,054 | +€11,408 | +1,767% |
| Remuneration and social security | 454/9 | €9,080 | €7,229 | -€1,850 | -20.4% |
| Other amounts payable | 47/48 | €68,857 | €71,168 | +€2,311 | +3.4% |
| Accrued charges and deferred income | 492/3 | €3,291 | €4,466 | +€1,175 | +35.7% |
| Remuneration, social security and pensions | 62 | €47,958 | €52,903 | +€4,946 | +10.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,764 | €9,936 | +€172 | +1.8% |
| Other operating charges | 640/8 | €3,812 | €3,960 | +€147 | +3.9% |
| Non-recurring operating charges | 66A | €20 | €0 | -€20 | -100% |
| Gross operating margin | 9900 | €70,667 | €90,233 | +€19,566 | +27.7% |
| Operating profit (loss) | 9901 | €9,113 | €23,435 | +€14,322 | +157% |
| Financial income | 75/76B | €1 | €0 | -€1 | -69.7% |
| Recurring financial income | 75 | €1 | €0 | -€1 | -69.7% |
| Financial charges | 65/66B | €3,501 | €4,690 | +€1,189 | +33.9% |
| Recurring financial charges | 65 | €3,501 | €4,690 | +€1,189 | +33.9% |
| Profit (loss) for the period before taxes | 9903 | €5,613 | €18,745 | +€13,132 | +234% |
| Income taxes | 67/77 | €2,146 | €6,074 | +€3,928 | +183% |
| Profit (loss) for the period | 9904 | €3,468 | €12,672 | +€9,204 | +265% |
| Profit (loss) for the period to be appropriated | 9905 | €3,468 | €12,672 | +€9,204 | +265% |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 20 October 2026 via checked.be.