GARAGE VAN HEYSTE: 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 HEYSTE
Largest movements
- Tangible fixed assets -€122,817
down €122,817 (-9.1%), from €1.3m to €1.2m
of which Plant, machinery and equipment: -€63,909
- Receivables within one year +€118,519
up €118,519 (+37.2%), from €318,656 to €437,175
of which Trade receivables: +€119,461
- Cash +€66,590
up €66,590 (+103%), from €64,411 to €131,001
mainly Net result for the year (+€197,613) and Depreciation (+€127,857)
- Debts after one year -€203,124
down €203,124 (-21.0%), from €967,052 to €763,929
- Reserves +€100,000
up €100,000 (+54.2%), from €184,369 to €284,369
- Profit (loss) carried forward +€97,613
up €97,613 (+27.1%), from €360,682 to €458,294
- Tax, wage and social debts +€29,472
up €29,472 (+37.5%), from €78,540 to €108,012
of which Taxes: +€25,686
- Trade debts +€29,153
up €29,153 (+23.0%), from €126,821 to €155,974
- Gross operating margin +€84,857
up €84,857 (+11.2%), from €754,311 to €839,168
- Taxes +€21,763
up €21,763 (+41.5%), from €52,476 to €74,239
- Staff costs +€10,310
up €10,310 (+2.8%), from €366,362 to €376,673
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 | €1,867,292 | €1,928,606 | +€61,315 | +3.3% |
| Fixed assets | 21/28 | €1,349,098 | €1,226,280 | -€122,817 | -9.1% |
| Tangible fixed assets | 22/27 | €1,349,098 | €1,226,280 | -€122,817 | -9.1% |
| Land and buildings | 22 | €797,851 | €791,982 | -€5,869 | -0.7% |
| Plant, machinery and equipment | 23 | €320,561 | €256,652 | -€63,909 | -19.9% |
| Furniture and vehicles | 24 | €4,048 | €7,323 | +€3,275 | +80.9% |
| Leasing and similar rights | 25 | €226,637 | €170,323 | -€56,314 | -24.8% |
| Current assets | 29/58 | €518,194 | €702,326 | +€184,132 | +35.5% |
| Stocks and contracts in progress | 3 | €133,625 | €130,303 | -€3,322 | -2.5% |
| Stocks | 30/36 | €133,625 | €130,303 | -€3,322 | -2.5% |
| Amounts receivable within one year | 40/41 | €318,656 | €437,175 | +€118,519 | +37.2% |
| Trade receivables | 40 | €315,800 | €435,261 | +€119,461 | +37.8% |
| Other amounts receivable | 41 | €2,856 | €1,914 | -€942 | -33.0% |
| Cash at bank and in hand | 54/58 | €64,411 | €131,001 | +€66,590 | +103% |
| Deferred charges and accrued income | 490/1 | €1,502 | €3,847 | +€2,345 | +156% |
| Total equity and liabilities | 10/49 | €1,867,292 | €1,928,606 | +€61,315 | +3.3% |
| Equity | 10/15 | €565,051 | €762,663 | +€197,613 | +35.0% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €184,369 | €284,369 | +€100,000 | +54.2% |
| Distributable reserves | 133 | €184,369 | €284,369 | +€100,000 | +54.2% |
| Profit (loss) carried forward | 14 | €360,682 | €458,294 | +€97,613 | +27.1% |
| Amounts payable | 17/49 | €1,302,241 | €1,165,943 | -€136,298 | -10.5% |
| Amounts payable after more than one year | 17 | €967,052 | €763,929 | -€203,124 | -21.0% |
| Financial debts | 170/4 | €967,052 | €763,929 | -€203,124 | -21.0% |
| Amounts payable within one year | 42/48 | €335,189 | €402,015 | +€66,826 | +19.9% |
| Current portion of amounts payable after more than one year | 42 | €114,078 | €110,278 | -€3,800 | -3.3% |
| Trade debts | 44 | €126,821 | €155,974 | +€29,153 | +23.0% |
| Suppliers | 440/4 | €126,821 | €155,974 | +€29,153 | +23.0% |
| Taxes, remuneration and social security | 45 | €78,540 | €108,012 | +€29,472 | +37.5% |
| Taxes | 450/3 | €16,955 | €42,641 | +€25,686 | +151% |
| Remuneration and social security | 454/9 | €61,585 | €65,371 | +€3,786 | +6.1% |
| Other amounts payable | 47/48 | €15,750 | €27,750 | +€12,000 | +76.2% |
| Remuneration, social security and pensions | 62 | €366,362 | €376,673 | +€10,310 | +2.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €129,463 | €127,857 | -€1,605 | -1.2% |
| Other operating charges | 640/8 | €24,208 | €24,715 | +€507 | +2.1% |
| Gross operating margin | 9900 | €754,311 | €839,168 | +€84,857 | +11.2% |
| Operating profit (loss) | 9901 | €234,278 | €309,923 | +€75,645 | +32.3% |
| Financial income | 75/76B | €910 | €267 | -€644 | -70.7% |
| Recurring financial income | 75 | €910 | €267 | -€644 | -70.7% |
| Financial charges | 65/66B | €36,354 | €38,337 | +€1,984 | +5.5% |
| Recurring financial charges | 65 | €36,354 | €38,337 | +€1,984 | +5.5% |
| Profit (loss) for the period before taxes | 9903 | €198,835 | €271,852 | +€73,017 | +36.7% |
| Income taxes | 67/77 | €52,476 | €74,239 | +€21,763 | +41.5% |
| Profit (loss) for the period | 9904 | €146,358 | €197,613 | +€51,254 | +35.0% |
| Profit (loss) for the period to be appropriated | 9905 | €146,358 | €197,613 | +€51,254 | +35.0% |
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 29 October 2026 via checked.be.