GARAGE VANDENBERGHE: 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.
What changed
GARAGE VANDENBERGHE
NACE 95.311, General maintenance and repair of cars and light vans (up to 3.5 tonnes)
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€82,278
2024 · -€233,686+€315,964
Equity
€1.6m
2024 · €1.6m-€4,680
Cash
€313,385
2024 · €62,220+€251,165
Balance sheet total
€3.6m
2024 · €3.6m-€3,452
Largest movements
Assets
- Cash +€251,165
up €251,165 (+404%), from €62,220 to €313,385
mainly Stocks and contracts (+€168,009) and Trade debts (+€104,418)
- Stocks and contracts -€168,009
down €168,009 (-6.9%), from €2.4m to €2.3m
- Tangible fixed assets -€86,646
down €86,646 (-8.3%), from €1.0m to €956,931
of which Land and buildings: -€71,939
Equity and liabilities
- Trade debts +€104,418
up €104,418 (+37.5%), from €278,686 to €383,104
- Other debts -€43,147
down €43,147 (-5.3%), from €812,623 to €769,476
- Debts after one year -€36,215
down €36,215 (-4.4%), from €828,075 to €791,859
of which Financial debts: -€36,215
Income statement
- Gross operating margin +€132,908
up €132,908 (+44.1%), from €301,432 to €434,341
- Financial charges +€38,016
up €38,016 (+65.0%), from €58,471 to €96,487
- Taxes +€36,537
up €36,537 (+792%), from €4,614 to €41,151
- Depreciation -€29,655
down €29,655 (-22.3%), from €132,896 to €103,240
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.
Result 2024
-€233,686
Gross operating margin
+€132,908
Staff costs
-€2,120
Depreciation
+€29,655
Other operating charges
+€394
Other operating items
+€229,745
Financial income
-€65
Financial charges
-€38,016
Taxes
-€36,537
Result 2025
€82,278
raises the resultlowers the resultnot broken down further in the accounts
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.
From operations
+€396,861
Investment
-€16,594
Financing
-€129,102
Cash 2024
€62,220
From operations (derived)
+€396,861
Net result for the year
+€82,278
Depreciation
+€103,240
Stocks and contracts
+€168,009
Receivables within one year
-€442
Deferred charges and accrued income
+€405
Provisions
-€3,375
Trade debts
+€104,418
Tax, wage and social debts
-€14,525
Other debts
-€43,147
Investment (derived)
-€16,594
Investment in fixed assets (net)
-€16,594
Financing
-€129,102
Debts after one year
-€36,215
Current portion of long-term debt
-€5,928
Contributions, distributions and other
-€86,958
Cash 2025
€313,385
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €3,617,074 | €3,613,622 | -€3,452 | -0.1% |
| Fixed assets | 21/28 | €1,043,578 | €956,931 | -€86,646 | -8.3% |
| Tangible fixed assets | 22/27 | €1,043,578 | €956,931 | -€86,646 | -8.3% |
| Land and buildings | 22 | €958,239 | €886,300 | -€71,939 | -7.5% |
| Plant, machinery and equipment | 23 | €12,647 | €13,069 | +€421 | +3.3% |
| Furniture and vehicles | 24 | €72,691 | €57,562 | -€15,129 | -20.8% |
| Financial fixed assets | 28 | €0 | - | = | |
| Current assets | 29/58 | €2,573,497 | €2,656,691 | +€83,194 | +3.2% |
| Stocks and contracts in progress | 3 | €2,440,091 | €2,272,083 | -€168,009 | -6.9% |
| Stocks | 30/36 | €2,440,091 | €2,272,083 | -€168,009 | -6.9% |
| Amounts receivable within one year | 40/41 | €65,219 | €65,661 | +€442 | +0.7% |
| Trade receivables | 40 | €59,833 | €56,473 | -€3,359 | -5.6% |
| Other amounts receivable | 41 | €5,386 | €9,188 | +€3,802 | +70.6% |
| Cash at bank and in hand | 54/58 | €62,220 | €313,385 | +€251,165 | +404% |
| Deferred charges and accrued income | 490/1 | €5,967 | €5,562 | -€405 | -6.8% |
| Total equity and liabilities | 10/49 | €3,617,074 | €3,613,622 | -€3,452 | -0.1% |
| Equity | 10/15 | €1,581,733 | €1,577,053 | -€4,680 | -0.3% |
| Contributions | 10/11 | €137,000 | €137,000 | = | 0.0% |
| Capital | 10 | €137,000 | €137,000 | = | 0.0% |
| Issued capital | 100 | €137,000 | €137,000 | = | 0.0% |
| Reserves | 13 | €1,444,733 | €1,440,053 | -€4,680 | -0.3% |
| Non-distributable reserves | 130/1 | €13,700 | €13,700 | = | 0.0% |
| Legal reserve | 130 | €13,700 | €13,700 | = | 0.0% |
| Tax-exempt reserves | 132 | €212,185 | €198,686 | -€13,499 | -6.4% |
| Distributable reserves | 133 | €1,218,848 | €1,227,667 | +€8,820 | +0.7% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Provisions and deferred taxes | 16 | €41,979 | €38,604 | -€3,375 | -8.0% |
| Deferred taxes | 168 | €41,979 | €38,604 | -€3,375 | -8.0% |
| Amounts payable | 17/49 | €1,993,362 | €1,997,964 | +€4,602 | +0.2% |
| Amounts payable after more than one year | 17 | €828,075 | €791,859 | -€36,215 | -4.4% |
| Financial debts | 170/4 | €88,075 | €51,859 | -€36,215 | -41.1% |
| Other amounts payable | 178/9 | €740,000 | €740,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €1,165,287 | €1,206,105 | +€40,817 | +3.5% |
| Current portion of amounts payable after more than one year | 42 | €42,144 | €36,215 | -€5,928 | -14.1% |
| Trade debts | 44 | €278,686 | €383,104 | +€104,418 | +37.5% |
| Suppliers | 440/4 | €278,686 | €383,104 | +€104,418 | +37.5% |
| Taxes, remuneration and social security | 45 | €31,835 | €17,309 | -€14,525 | -45.6% |
| Taxes | 450/3 | €28,255 | €13,485 | -€14,770 | -52.3% |
| Remuneration and social security | 454/9 | €3,580 | €3,825 | +€245 | +6.8% |
| Other amounts payable | 47/48 | €812,623 | €769,476 | -€43,147 | -5.3% |
| Remuneration, social security and pensions | 62 | €79,860 | €81,980 | +€2,120 | +2.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €132,896 | €103,240 | -€29,655 | -22.3% |
| Other operating charges | 640/8 | €32,986 | €32,591 | -€394 | -1.2% |
| Non-recurring operating charges | 66A | €229,745 | €0 | -€229,745 | -100% |
| Gross operating margin | 9900 | €301,432 | €434,341 | +€132,908 | +44.1% |
| Operating profit (loss) | 9901 | -€174,053 | €216,529 | +€390,582 | |
| Financial income | 75/76B | €78 | €12 | -€65 | -83.9% |
| Recurring financial income | 75 | €78 | €12 | -€65 | -83.9% |
| Financial charges | 65/66B | €58,471 | €96,487 | +€38,016 | +65.0% |
| Recurring financial charges | 65 | €58,471 | €96,487 | +€38,016 | +65.0% |
| Profit (loss) for the period before taxes | 9903 | -€232,447 | €120,055 | +€352,501 | |
| Transfer from deferred taxes | 780 | €3,375 | €3,375 | = | 0.0% |
| Income taxes | 67/77 | €4,614 | €41,151 | +€36,537 | +792% |
| Profit (loss) for the period | 9904 | -€233,686 | €82,278 | +€315,964 | |
| Transfer from tax-exempt reserves | 789 | €233,686 | €13,499 | -€220,186 | -94.2% |
| Profit (loss) for the period to be appropriated | 9905 | €0 | €95,778 | +€95,778 |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 October 2026 via checked.be.