GARAGE VAN MEGROOT: 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 MEGROOT
Largest movements
- Stocks and contracts -€1.2m
down €1.2m (-32.5%), from €3.7m to €2.5m
- Receivables within one year -€245,944
down €245,944 (-31.1%), from €791,707 to €545,763
of which Other amounts receivable: -€221,589
- Cash +€130,437
up €130,437 (+73.5%), from €177,567 to €308,003
mainly Stocks and contracts (+€1.2m) and Net result for the year (+€410,753)
- Tangible fixed assets -€70,823
down €70,823 (-6.8%), from €1.0m to €971,873
of which Furniture and vehicles: -€54,385
- Trade debts -€1.8m
down €1.8m (-53.1%), from €3.4m to €1.6m
- Reserves +€410,753
up €410,753 (+31.3%), from €1.3m to €1.7m
of which Distributable reserves: +€410,753
- Gross operating margin -€57,917
down €57,917 (-3.9%), from €1.5m to €1.4m
- Staff costs -€29,992
down €29,992 (-5.0%), from €598,198 to €568,207
- Depreciation -€23,378
down €23,378 (-11.4%), from €205,010 to €181,631
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 | €5,772,534 | €4,368,455 | -€1.4m | -24.3% |
| Fixed assets | 21/28 | €1,043,140 | €972,317 | -€70,823 | -6.8% |
| Tangible fixed assets | 22/27 | €1,042,696 | €971,873 | -€70,823 | -6.8% |
| Land and buildings | 22 | €377,667 | €352,502 | -€25,165 | -6.7% |
| Plant, machinery and equipment | 23 | €37,733 | €46,460 | +€8,727 | +23.1% |
| Furniture and vehicles | 24 | €627,296 | €572,911 | -€54,385 | -8.7% |
| Financial fixed assets | 28 | €444 | €444 | = | 0.0% |
| Current assets | 29/58 | €4,729,394 | €3,396,137 | -€1.3m | -28.2% |
| Stocks and contracts in progress | 3 | €3,736,134 | €2,522,475 | -€1.2m | -32.5% |
| Stocks | 30/36 | €3,736,134 | €2,522,475 | -€1.2m | -32.5% |
| Amounts receivable within one year | 40/41 | €791,707 | €545,763 | -€245,944 | -31.1% |
| Trade receivables | 40 | €511,505 | €487,149 | -€24,355 | -4.8% |
| Other amounts receivable | 41 | €280,203 | €58,614 | -€221,589 | -79.1% |
| Cash at bank and in hand | 54/58 | €177,567 | €308,003 | +€130,437 | +73.5% |
| Deferred charges and accrued income | 490/1 | €23,986 | €19,896 | -€4,090 | -17.0% |
| Total equity and liabilities | 10/49 | €5,772,534 | €4,368,455 | -€1.4m | -24.3% |
| Equity | 10/15 | €1,719,274 | €2,130,027 | +€410,753 | +23.9% |
| Contributions | 10/11 | €405,300 | €405,300 | = | 0.0% |
| Capital | 10 | €405,300 | €405,300 | = | 0.0% |
| Issued capital | 100 | €405,300 | €405,300 | = | 0.0% |
| Reserves | 13 | €1,313,974 | €1,724,727 | +€410,753 | +31.3% |
| Non-distributable reserves | 130/1 | €40,530 | €40,530 | = | 0.0% |
| Legal reserve | 130 | €40,530 | €40,530 | = | 0.0% |
| Distributable reserves | 133 | €1,273,444 | €1,684,197 | +€410,753 | +32.3% |
| Amounts payable | 17/49 | €4,053,260 | €2,238,427 | -€1.8m | -44.8% |
| Amounts payable after more than one year | 17 | €110,981 | €74,582 | -€36,399 | -32.8% |
| Financial debts | 170/4 | €110,981 | €74,582 | -€36,399 | -32.8% |
| Amounts payable within one year | 42/48 | €3,916,752 | €2,137,495 | -€1.8m | -45.4% |
| Current portion of amounts payable after more than one year | 42 | €35,818 | €36,399 | +€582 | +1.6% |
| Financial debts | 43 | - | €33,676 | +€33,676 | |
| Credit institutions | 430/8 | - | €33,676 | +€33,676 | |
| Trade debts | 44 | €3,362,269 | €1,575,285 | -€1.8m | -53.1% |
| Suppliers | 440/4 | €3,362,269 | €1,575,285 | -€1.8m | -53.1% |
| Taxes, remuneration and social security | 45 | €139,017 | €106,794 | -€32,223 | -23.2% |
| Taxes | 450/3 | €79,845 | €42,231 | -€37,614 | -47.1% |
| Remuneration and social security | 454/9 | €59,172 | €64,563 | +€5,391 | +9.1% |
| Other amounts payable | 47/48 | €379,648 | €385,341 | +€5,692 | +1.5% |
| Accrued charges and deferred income | 492/3 | €25,526 | €26,350 | +€824 | +3.2% |
| Remuneration, social security and pensions | 62 | €598,198 | €568,207 | -€29,992 | -5.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €205,010 | €181,631 | -€23,378 | -11.4% |
| Other operating charges | 640/8 | €30,332 | €23,985 | -€6,347 | -20.9% |
| Gross operating margin | 9900 | €1,473,335 | €1,415,418 | -€57,917 | -3.9% |
| Operating profit (loss) | 9901 | €639,795 | €641,595 | +€1,800 | +0.3% |
| Financial income | 75/76B | €363 | €742 | +€379 | +105% |
| Recurring financial income | 75 | €363 | €742 | +€379 | +105% |
| Financial charges | 65/66B | €35,385 | €44,095 | +€8,711 | +24.6% |
| Recurring financial charges | 65 | €35,385 | €44,095 | +€8,711 | +24.6% |
| Profit (loss) for the period before taxes | 9903 | €604,773 | €598,242 | -€6,531 | -1.1% |
| Income taxes | 67/77 | €190,117 | €187,489 | -€2,628 | -1.4% |
| Profit (loss) for the period | 9904 | €414,656 | €410,753 | -€3,903 | -0.9% |
| Profit (loss) for the period to be appropriated | 9905 | €414,656 | €410,753 | -€3,903 | -0.9% |
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 21 October 2026 via checked.be.