GARAGE VAN EETVELDE: 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 EETVELDE
Largest movements
- Cash +€45,888
up €45,888 (+8.0%), from €575,945 to €621,833
mainly Net result for the year (+€100,232) and Depreciation (+€12,847)
- Reserves +€85,232
up €85,232 (+14.1%), from €603,835 to €689,066
of which Distributable reserves: +€85,232
- Trade debts -€18,670
down €18,670 (-63.3%), from €29,503 to €10,833
- Tax, wage and social debts -€12,387
down €12,387 (-51.5%), from €24,045 to €11,658
of which Taxes: -€9,755
- Other debts -€9,459
down €9,459 (-45.8%), from €20,666 to €11,207
- Gross operating margin -€33,692
down €33,692 (-18.0%), from €187,244 to €153,553
- Taxes -€8,045
down €8,045 (-19.8%), from €40,542 to €32,497
- Financial income +€5,978
up €5,978 (+364.4%), from €1,641 to €7,619
- Other operating charges +€4,132
up €4,132 (+117.1%), from €3,529 to €7,661
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.
Cash bridge derived
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 | €715,233 | €759,949 | +€44,717 | +6.3% |
| Fixed assets | 21/28 | €18,255 | €23,308 | +€5,053 | +27.7% |
| Tangible fixed assets | 22/27 | €18,255 | €23,308 | +€5,053 | +27.7% |
| Plant, machinery and equipment | 23 | €15,219 | €23,173 | +€7,953 | +52.3% |
| Furniture and vehicles | 24 | €3,035 | €135 | -€2,900 | -95.5% |
| Current assets | 29/58 | €696,978 | €736,641 | +€39,663 | +5.7% |
| Stocks and contracts in progress | 3 | €71,208 | €65,541 | -€5,667 | -8.0% |
| Stocks | 30/36 | €71,208 | €65,541 | -€5,667 | -8.0% |
| Amounts receivable within one year | 40/41 | €49,825 | €49,267 | -€558 | -1.1% |
| Trade receivables | 40 | €49,825 | €46,978 | -€2,847 | -5.7% |
| Other amounts receivable | 41 | - | €2,289 | +€2,289 | |
| Cash at bank and in hand | 54/58 | €575,945 | €621,833 | +€45,888 | +8.0% |
| Total equity and liabilities | 10/49 | €715,233 | €759,949 | +€44,717 | +6.3% |
| Equity | 10/15 | €641,019 | €726,250 | +€85,232 | +13.3% |
| Contributions | 10/11 | €37,184 | €37,184 | = | 0.0% |
| Reserves | 13 | €603,835 | €689,066 | +€85,232 | +14.1% |
| Tax-exempt reserves | 132 | €5,799 | €5,799 | = | 0.0% |
| Distributable reserves | 133 | €598,036 | €683,267 | +€85,232 | +14.3% |
| Amounts payable | 17/49 | €74,214 | €33,699 | -€40,515 | -54.6% |
| Amounts payable within one year | 42/48 | €74,214 | €33,699 | -€40,515 | -54.6% |
| Trade debts | 44 | €29,503 | €10,833 | -€18,670 | -63.3% |
| Suppliers | 440/4 | €29,503 | €10,833 | -€18,670 | -63.3% |
| Taxes, remuneration and social security | 45 | €24,045 | €11,658 | -€12,387 | -51.5% |
| Taxes | 450/3 | €21,413 | €11,658 | -€9,755 | -45.6% |
| Remuneration and social security | 454/9 | €2,632 | - | -€2,632 | |
| Other amounts payable | 47/48 | €20,666 | €11,207 | -€9,459 | -45.8% |
| Non-recurring operating income | 76A | €7,835 | - | -€7,835 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,988 | €12,847 | -€142 | -1.1% |
| Other operating charges | 640/8 | €3,529 | €7,661 | +€4,132 | +117.1% |
| Gross operating margin | 9900 | €187,244 | €153,553 | -€33,692 | -18.0% |
| Operating profit (loss) | 9901 | €170,727 | €133,045 | -€37,682 | -22.1% |
| Financial income | 75/76B | €1,641 | €7,619 | +€5,978 | +364.4% |
| Recurring financial income | 75 | €1,641 | €7,619 | +€5,978 | +364.4% |
| Financial charges | 65/66B | €6,747 | €7,935 | +€1,188 | +17.6% |
| Recurring financial charges | 65 | €6,747 | €7,935 | +€1,188 | +17.6% |
| Profit (loss) for the period before taxes | 9903 | €165,620 | €132,729 | -€32,892 | -19.9% |
| Income taxes | 67/77 | €40,542 | €32,497 | -€8,045 | -19.8% |
| Profit (loss) for the period | 9904 | €125,079 | €100,232 | -€24,847 | -19.9% |
| Profit (loss) for the period to be appropriated | 9905 | €125,079 | €100,232 | -€24,847 | -19.9% |
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 11 October 2026 via checked.be.