GARAGE VANDUFFEL: what changed
What changed
GARAGE VANDUFFEL
NACE 47.811, Retail sale of cars and light vans (up to 3.5 tonnes)
filed annual accounts (NBB)
Net result for the year
€99,476
2024 · €15,715+€83,761
Equity
€1.2m
2024 · €1.1m+€99,476
Cash
€294,159
2024 · €268,296+€25,863
Balance sheet total
€2.6m
2024 · €3.0m-€352,179
Largest movements
Assets
- Stocks and contracts -€324,049
down €324,049 (-30.9%), from €1.0m to €725,462
- Tangible fixed assets -€78,656
down €78,656 (-33.2%), from €236,888 to €158,232
of which Furniture and vehicles: -€46,704
Equity and liabilities
- Trade debts -€478,500
down €478,500 (-44.4%), from €1.1m to €598,268
- Reserves +€99,476
up €99,476 (+49.4%), from €201,233 to €300,709
of which Distributable reserves: +€99,476
- Tax, wage and social debts +€84,844
up €84,844 (+105%), from €80,876 to €165,721
of which Taxes: +€76,991
- Other debts -€49,692
down €49,692 (-7.3%), from €678,447 to €628,755
Income statement
- Gross operating margin +€167,608
up €167,608 (+22.1%), from €757,199 to €924,807
- Staff costs +€56,365
up €56,365 (+9.1%), from €616,600 to €672,965
- Taxes +€41,434
up €41,434 (+406%), from €10,211 to €51,644
- Depreciation -€15,448
down €15,448 (-20.2%), from €76,447 to €60,999
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.
Result 2024
€15,715
Gross operating margin
+€167,608
Staff costs
-€56,365
Depreciation
+€15,448
Other operating charges
-€6,201
Financial income
-€2,058
Financial charges
+€6,763
Taxes
-€41,434
Result 2025
€99,476
raises the resultlowers the result
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.
From operations
+€8,207
Investment
+€17,656
Financing
€0
Cash 2024
€268,296
From operations (derived)
+€8,207
Net result for the year
+€99,476
Depreciation
+€60,999
Stocks and contracts
+€324,049
Receivables within one year
-€4,584
Deferred charges and accrued income
-€20,078
Trade debts
-€478,500
Tax, wage and social debts
+€84,844
Advances received
-€826
Other debts
-€49,692
Accrued charges and deferred income
-€7,480
Investment (derived)
+€17,656
Investment in fixed assets (net)
+€17,656
Cash 2025
€294,159
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €2,974,258 | €2,622,080 | -€352,179 | -11.8% |
| Fixed assets | 21/28 | €896,465 | €817,809 | -€78,656 | -8.8% |
| Intangible fixed assets | 21 | €0 | €0 | = | |
| Tangible fixed assets | 22/27 | €236,888 | €158,232 | -€78,656 | -33.2% |
| Land and buildings | 22 | €141,891 | €125,978 | -€15,913 | -11.2% |
| Plant, machinery and equipment | 23 | €36,255 | €20,690 | -€15,565 | -42.9% |
| Furniture and vehicles | 24 | €55,944 | €9,239 | -€46,704 | -83.5% |
| Other tangible fixed assets | 26 | €2,798 | €2,325 | -€473 | -16.9% |
| Financial fixed assets | 28 | €659,577 | €659,577 | = | 0.0% |
| Current assets | 29/58 | €2,077,793 | €1,804,270 | -€273,523 | -13.2% |
| Amounts receivable after more than one year | 29 | €124,789 | €124,789 | = | 0.0% |
| Other amounts receivable | 291 | €124,789 | €124,789 | = | 0.0% |
| Stocks and contracts in progress | 3 | €1,049,510 | €725,462 | -€324,049 | -30.9% |
| Stocks | 30/36 | €1,049,510 | €725,462 | -€324,049 | -30.9% |
| Amounts receivable within one year | 40/41 | €593,998 | €598,582 | +€4,584 | +0.8% |
| Trade receivables | 40 | €567,931 | €598,582 | +€30,651 | +5.4% |
| Other amounts receivable | 41 | €26,067 | - | -€26,067 | |
| Cash at bank and in hand | 54/58 | €268,296 | €294,159 | +€25,863 | +9.6% |
| Deferred charges and accrued income | 490/1 | €41,200 | €61,278 | +€20,078 | +48.7% |
| Total equity and liabilities | 10/49 | €2,974,258 | €2,622,080 | -€352,179 | -11.8% |
| Equity | 10/15 | €1,096,892 | €1,196,367 | +€99,476 | +9.1% |
| Contributions | 10/11 | €250,000 | €250,000 | = | 0.0% |
| Capital | 10 | €250,000 | €250,000 | = | 0.0% |
| Issued capital | 100 | €250,000 | €250,000 | = | 0.0% |
| Reserves | 13 | €201,233 | €300,709 | +€99,476 | +49.4% |
| Non-distributable reserves | 130/1 | €25,000 | €25,000 | = | 0.0% |
| Legal reserve | 130 | €25,000 | €25,000 | = | 0.0% |
| Distributable reserves | 133 | €176,233 | €275,709 | +€99,476 | +56.4% |
| Profit (loss) carried forward | 14 | €645,659 | €645,659 | = | 0.0% |
| Amounts payable | 17/49 | €1,877,367 | €1,425,713 | -€451,654 | -24.1% |
| Amounts payable within one year | 42/48 | €1,850,918 | €1,406,744 | -€444,175 | -24.0% |
| Financial debts | 43 | €5,000 | €5,000 | = | 0.0% |
| Credit institutions | 430/8 | €5,000 | €5,000 | = | 0.0% |
| Trade debts | 44 | €1,076,768 | €598,268 | -€478,500 | -44.4% |
| Suppliers | 440/4 | €1,076,768 | €598,268 | -€478,500 | -44.4% |
| Advances received on contracts in progress | 46 | €9,826 | €9,000 | -€826 | -8.4% |
| Taxes, remuneration and social security | 45 | €80,876 | €165,721 | +€84,844 | +105% |
| Taxes | 450/3 | €4,759 | €81,749 | +€76,991 | +1,618% |
| Remuneration and social security | 454/9 | €76,118 | €83,971 | +€7,854 | +10.3% |
| Other amounts payable | 47/48 | €678,447 | €628,755 | -€49,692 | -7.3% |
| Accrued charges and deferred income | 492/3 | €26,448 | €18,969 | -€7,480 | -28.3% |
| Non-recurring operating income | 76A | - | €10,187 | +€10,187 | |
| Remuneration, social security and pensions | 62 | €616,600 | €672,965 | +€56,365 | +9.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €76,447 | €60,999 | -€15,448 | -20.2% |
| Other operating charges | 640/8 | €13,440 | €19,642 | +€6,201 | +46.1% |
| Gross operating margin | 9900 | €757,199 | €924,807 | +€167,608 | +22.1% |
| Operating profit (loss) | 9901 | €50,711 | €171,201 | +€120,490 | +238% |
| Financial income | 75/76B | €6,471 | €4,413 | -€2,058 | -31.8% |
| Recurring financial income | 75 | €6,471 | €4,413 | -€2,058 | -31.8% |
| Financial charges | 65/66B | €31,257 | €24,494 | -€6,763 | -21.6% |
| Recurring financial charges | 65 | €31,257 | €23,090 | -€8,167 | -26.1% |
| Non-recurring financial charges | 66B | - | €1,405 | +€1,405 | |
| Profit (loss) for the period before taxes | 9903 | €25,925 | €151,120 | +€125,195 | +483% |
| Income taxes | 67/77 | €10,211 | €51,644 | +€41,434 | +406% |
| Profit (loss) for the period | 9904 | €15,715 | €99,476 | +€83,761 | +533% |
| Profit (loss) for the period to be appropriated | 9905 | €15,715 | €99,476 | +€83,761 | +533% |
Next steps
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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 7 November 2026 via checked.be.