Garage Van Daele: 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 Daele
Largest movements
- Cash +€159,487
up €159,487 (+60.4%), from €263,863 to €423,350
mainly Net result for the year (+€94,343) and Receivables within one year (+€56,900)
- Receivables within one year -€56,900
down €56,900 (-21.6%), from €263,030 to €206,130
of which Other amounts receivable: -€75,857
- Tangible fixed assets -€42,114
down €42,114 (-32.4%), from €130,118 to €88,003
- Intangible fixed assets -€8,627
down €8,627 (-50.1%), from €17,218 to €8,591
- Reserves +€94,343
up €94,343 (+19.4%), from €487,529 to €581,872
- Tax, wage and social debts -€16,366
down €16,366 (-62.0%), from €26,385 to €10,019
of which Remuneration and social security: -€15,000
- Debts after one year -€13,032
down €13,032 (-51.3%), from €25,426 to €12,393
- Trade debts -€9,507
down €9,507 (-29.1%), from €32,647 to €23,140
- Current portion of long-term debt -€8,856
down €8,856 (-40.5%), from €21,888 to €13,032
- Financial charges +€76,280
up €76,280 (+2,368%), from €3,221 to €79,501
- Gross operating margin +€18,864
up €18,864 (+7.4%), from €256,535 to €275,399
- Taxes -€17,459
down €17,459 (-34.2%), from €50,996 to €33,537
- Write-downs +€6,621
new in 2025: €6,621
- Other operating charges +€4,739
up €4,739 (+215%), from €2,202 to €6,940
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 | €748,793 | €797,553 | +€48,760 | +6.5% |
| Fixed assets | 21/28 | €147,336 | €96,595 | -€50,741 | -34.4% |
| Intangible fixed assets | 21 | €17,218 | €8,591 | -€8,627 | -50.1% |
| Tangible fixed assets | 22/27 | €130,118 | €88,003 | -€42,114 | -32.4% |
| Land and buildings | 22 | €22,820 | €17,247 | -€5,573 | -24.4% |
| Plant, machinery and equipment | 23 | €69,755 | €51,985 | -€17,770 | -25.5% |
| Furniture and vehicles | 24 | €37,543 | €18,771 | -€18,772 | -50.0% |
| Current assets | 29/58 | €601,457 | €700,959 | +€99,502 | +16.5% |
| Stocks and contracts in progress | 3 | €74,565 | €71,479 | -€3,086 | -4.1% |
| Stocks | 30/36 | €74,565 | €71,479 | -€3,086 | -4.1% |
| Amounts receivable within one year | 40/41 | €263,030 | €206,130 | -€56,900 | -21.6% |
| Trade receivables | 40 | €42,164 | €61,121 | +€18,956 | +45.0% |
| Other amounts receivable | 41 | €220,866 | €145,009 | -€75,857 | -34.3% |
| Cash at bank and in hand | 54/58 | €263,863 | €423,350 | +€159,487 | +60.4% |
| Total equity and liabilities | 10/49 | €748,793 | €797,553 | +€48,760 | +6.5% |
| Equity | 10/15 | €506,129 | €600,472 | +€94,343 | +18.6% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €487,529 | €581,872 | +€94,343 | +19.4% |
| Distributable reserves | 133 | €487,529 | €581,872 | +€94,343 | +19.4% |
| Amounts payable | 17/49 | €242,664 | €197,081 | -€45,583 | -18.8% |
| Amounts payable after more than one year | 17 | €25,426 | €12,393 | -€13,032 | -51.3% |
| Financial debts | 170/4 | €25,426 | €12,393 | -€13,032 | -51.3% |
| Amounts payable within one year | 42/48 | €217,239 | €184,688 | -€32,551 | -15.0% |
| Current portion of amounts payable after more than one year | 42 | €21,888 | €13,032 | -€8,856 | -40.5% |
| Trade debts | 44 | €32,647 | €23,140 | -€9,507 | -29.1% |
| Suppliers | 440/4 | €32,647 | €23,140 | -€9,507 | -29.1% |
| Taxes, remuneration and social security | 45 | €26,385 | €10,019 | -€16,366 | -62.0% |
| Taxes | 450/3 | €11,385 | €10,019 | -€1,366 | -12.0% |
| Remuneration and social security | 454/9 | €15,000 | - | -€15,000 | |
| Other amounts payable | 47/48 | €136,319 | €138,497 | +€2,178 | +1.6% |
| Remuneration, social security and pensions | 62 | - | €73 | +€73 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €53,564 | €54,539 | +€975 | +1.8% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €6,621 | +€6,621 | |
| Other operating charges | 640/8 | €2,202 | €6,940 | +€4,739 | +215% |
| Gross operating margin | 9900 | €256,535 | €275,399 | +€18,864 | +7.4% |
| Operating profit (loss) | 9901 | €200,769 | €207,225 | +€6,456 | +3.2% |
| Financial income | 75/76B | €4 | €156 | +€153 | +4,163% |
| Recurring financial income | 75 | €4 | €156 | +€153 | +4,163% |
| Financial charges | 65/66B | €3,221 | €79,501 | +€76,280 | +2,368% |
| Recurring financial charges | 65 | €3,221 | €79,501 | +€76,280 | +2,368% |
| Profit (loss) for the period before taxes | 9903 | €197,552 | €127,881 | -€69,671 | -35.3% |
| Income taxes | 67/77 | €50,996 | €33,537 | -€17,459 | -34.2% |
| Profit (loss) for the period | 9904 | €146,556 | €94,343 | -€52,213 | -35.6% |
| Profit (loss) for the period to be appropriated | 9905 | €146,556 | €94,343 | -€52,213 | -35.6% |
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 22 October 2026 via checked.be.