GARAGE VANDAELE: what changed
GARAGE VANDAELE
Largest movements
- Cash +€53,608
up €53,608 (+221%), from €24,212 to €77,820
mainly Other debts (+€48,616) and Stocks and contracts (+€38,601)
- Stocks and contracts -€38,601
down €38,601 (-68.3%), from €56,501 to €17,900
- Tangible fixed assets -€17,578
down €17,578 (-28.4%), from €61,812 to €44,234
of which Furniture and vehicles: -€15,033
- Receivables within one year -€13,935
down €13,935 (-23.5%), from €59,325 to €45,390
of which Trade receivables: -€16,061
- Other debts +€48,616
new in 2025: €48,616
- Reserves -€43,026
down €43,026 (-29.7%), from €144,955 to €101,929
- Trade debts -€17,400
down €17,400 (-96.2%), from €18,090 to €690
- Debts after one year -€5,083
down €5,083 (-92.3%), from €5,509 to €426
- Depreciation -€11,106
down €11,106 (-59.9%), from €18,546 to €7,440
- Other operating charges +€3,754
up €3,754 (+123%), from €3,059 to €6,813
- Gross operating margin +€2,174
up €2,174 (+11.2%), from €19,494 to €21,668
- Write-downs -€1,848
down €1,848 (-100%), from €1,848 to €0
- Taxes +€1,038
up €1,038 (+607%), from €171 to €1,210
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €203,028 | €187,325 | -€15,703 | -7.7% |
| Fixed assets | 21/28 | €61,812 | €44,234 | -€17,578 | -28.4% |
| Tangible fixed assets | 22/27 | €61,812 | €44,234 | -€17,578 | -28.4% |
| Plant, machinery and equipment | 23 | €11,516 | €8,972 | -€2,544 | -22.1% |
| Furniture and vehicles | 24 | €50,296 | €35,262 | -€15,033 | -29.9% |
| Current assets | 29/58 | €141,216 | €143,090 | +€1,875 | +1.3% |
| Stocks and contracts in progress | 3 | €56,501 | €17,900 | -€38,601 | -68.3% |
| Stocks | 30/36 | €56,501 | €17,900 | -€38,601 | -68.3% |
| Amounts receivable within one year | 40/41 | €59,325 | €45,390 | -€13,935 | -23.5% |
| Trade receivables | 40 | €47,806 | €31,745 | -€16,061 | -33.6% |
| Other amounts receivable | 41 | €11,519 | €13,645 | +€2,126 | +18.5% |
| Cash at bank and in hand | 54/58 | €24,212 | €77,820 | +€53,608 | +221% |
| Deferred charges and accrued income | 490/1 | €1,179 | €1,981 | +€802 | +68.0% |
| Total equity and liabilities | 10/49 | €203,028 | €187,325 | -€15,703 | -7.7% |
| Equity | 10/15 | €169,955 | €126,929 | -€43,026 | -25.3% |
| Contributions | 10/11 | €25,000 | €25,000 | = | 0.0% |
| Reserves | 13 | €144,955 | €101,929 | -€43,026 | -29.7% |
| Distributable reserves | 133 | €144,955 | €101,929 | -€43,026 | -29.7% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €33,073 | €60,396 | +€27,323 | +82.6% |
| Amounts payable after more than one year | 17 | €5,509 | €426 | -€5,083 | -92.3% |
| Financial debts | 170/4 | €5,509 | €426 | -€5,083 | -92.3% |
| Amounts payable within one year | 42/48 | €27,564 | €59,851 | +€32,287 | +117% |
| Current portion of amounts payable after more than one year | 42 | €5,040 | €5,083 | +€44 | +0.9% |
| Financial debts | 43 | €0 | - | = | |
| Credit institutions | 430/8 | €0 | - | = | |
| Trade debts | 44 | €18,090 | €690 | -€17,400 | -96.2% |
| Suppliers | 440/4 | €18,090 | €690 | -€17,400 | -96.2% |
| Taxes, remuneration and social security | 45 | €4,434 | €5,462 | +€1,028 | +23.2% |
| Taxes | 450/3 | €4,434 | €5,462 | +€1,028 | +23.2% |
| Other amounts payable | 47/48 | - | €48,616 | +€48,616 | |
| Accrued charges and deferred income | 492/3 | €0 | €120 | +€120 | |
| Remuneration, social security and pensions | 62 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €18,546 | €7,440 | -€11,106 | -59.9% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €1,848 | €0 | -€1,848 | -100% |
| Other operating charges | 640/8 | €3,059 | €6,813 | +€3,754 | +123% |
| Gross operating margin | 9900 | €19,494 | €21,668 | +€2,174 | +11.2% |
| Operating profit (loss) | 9901 | -€3,959 | €7,415 | +€11,374 | |
| Financial income | 75/76B | €663 | €528 | -€135 | -20.4% |
| Recurring financial income | 75 | €663 | €528 | -€135 | -20.4% |
| Financial charges | 65/66B | €1,274 | €1,144 | -€130 | -10.2% |
| Recurring financial charges | 65 | €1,274 | €1,144 | -€130 | -10.2% |
| Profit (loss) for the period before taxes | 9903 | -€4,570 | €6,799 | +€11,369 | |
| Income taxes | 67/77 | €171 | €1,210 | +€1,038 | +607% |
| Profit (loss) for the period | 9904 | -€4,742 | €5,589 | +€10,331 | |
| Profit (loss) for the period to be appropriated | 9905 | -€4,742 | €5,589 | +€10,331 |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 4 November 2026 via checked.be.