Garage Vanhee: 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 Vanhee
Largest movements
- Receivables after one year -€50,000
down €50,000 (-100.0%), from €50,000 to €0
- Cash -€35,802
down €35,802 (-4.9%), from €726,423 to €690,620
mainly Contributions, distributions and other (-€437,736) and Tax, wage and social debts (-€38,380)
- Receivables within one year +€22,092
up €22,092 (+20.9%), from €105,600 to €127,692
of which Other amounts receivable: +€15,754
- Reserves -€325,300
down €325,300 (-40.0%), from €812,841 to €487,541
of which Distributable reserves: -€325,300
- Other debts +€305,645
up €305,645 (+231.4%), from €132,091 to €437,736
- Tax, wage and social debts -€38,380
down €38,380 (-69.4%), from €55,289 to €16,908
of which Taxes: -€34,059
- Debts after one year -€13,332
down €13,332 (-33.3%), from €40,016 to €26,684
- Gross operating margin -€129,405
down €129,405 (-31.4%), from €412,570 to €283,165
- Staff costs -€35,585
down €35,585 (-31.2%), from €114,062 to €78,478
- Taxes -€31,493
down €31,493 (-39.9%), from €78,908 to €47,415
- Depreciation +€4,748
up €4,748 (+15.7%), from €30,151 to €34,899
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.
Cash bridge derived
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 | €1,164,387 | €1,093,702 | -€70,685 | -6.1% |
| Fixed assets | 21/28 | €215,848 | €212,933 | -€2,915 | -1.4% |
| Tangible fixed assets | 22/27 | €215,713 | €212,798 | -€2,915 | -1.4% |
| Land and buildings | 22 | €130,592 | €115,993 | -€14,599 | -11.2% |
| Plant, machinery and equipment | 23 | €17,143 | €35,881 | +€18,738 | +109.3% |
| Furniture and vehicles | 24 | €67,978 | €60,924 | -€7,054 | -10.4% |
| Financial fixed assets | 28 | €135 | €135 | = | 0.0% |
| Current assets | 29/58 | €948,539 | €880,769 | -€67,770 | -7.1% |
| Amounts receivable after more than one year | 29 | €50,000 | €0 | -€50,000 | -100.0% |
| Other amounts receivable | 291 | €50,000 | €0 | -€50,000 | -100.0% |
| Stocks and contracts in progress | 3 | €60,709 | €58,154 | -€2,554 | -4.2% |
| Stocks | 30/36 | €60,709 | €58,154 | -€2,554 | -4.2% |
| Amounts receivable within one year | 40/41 | €105,600 | €127,692 | +€22,092 | +20.9% |
| Trade receivables | 40 | €55,231 | €61,569 | +€6,338 | +11.5% |
| Other amounts receivable | 41 | €50,369 | €66,123 | +€15,754 | +31.3% |
| Cash at bank and in hand | 54/58 | €726,423 | €690,620 | -€35,802 | -4.9% |
| Deferred charges and accrued income | 490/1 | €5,808 | €4,303 | -€1,505 | -25.9% |
| Total equity and liabilities | 10/49 | €1,164,387 | €1,093,702 | -€70,685 | -6.1% |
| Equity | 10/15 | €874,841 | €549,541 | -€325,300 | -37.2% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €812,841 | €487,541 | -€325,300 | -40.0% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Distributable reserves | 133 | €806,641 | €481,341 | -€325,300 | -40.3% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €289,546 | €544,161 | +€254,615 | +87.9% |
| Amounts payable after more than one year | 17 | €40,016 | €26,684 | -€13,332 | -33.3% |
| Financial debts | 170/4 | €40,016 | €26,684 | -€13,332 | -33.3% |
| Amounts payable within one year | 42/48 | €249,444 | €517,292 | +€267,848 | +107.4% |
| Current portion of amounts payable after more than one year | 42 | €13,332 | €13,332 | = | 0.0% |
| Trade debts | 44 | €48,732 | €49,315 | +€583 | +1.2% |
| Suppliers | 440/4 | €48,732 | €49,315 | +€583 | +1.2% |
| Taxes, remuneration and social security | 45 | €55,289 | €16,908 | -€38,380 | -69.4% |
| Taxes | 450/3 | €42,372 | €8,313 | -€34,059 | -80.4% |
| Remuneration and social security | 454/9 | €12,917 | €8,595 | -€4,321 | -33.5% |
| Other amounts payable | 47/48 | €132,091 | €437,736 | +€305,645 | +231.4% |
| Accrued charges and deferred income | 492/3 | €86 | €185 | +€99 | +115.1% |
| Remuneration, social security and pensions | 62 | €114,062 | €78,478 | -€35,585 | -31.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €30,151 | €34,899 | +€4,748 | +15.7% |
| Other operating charges | 640/8 | €7,096 | €9,233 | +€2,137 | +30.1% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | €412,570 | €283,165 | -€129,405 | -31.4% |
| Operating profit (loss) | 9901 | €261,262 | €160,556 | -€100,705 | -38.5% |
| Financial income | 75/76B | €5,447 | €3,254 | -€2,193 | -40.3% |
| Recurring financial income | 75 | €5,447 | €3,254 | -€2,193 | -40.3% |
| Financial charges | 65/66B | €5,569 | €3,959 | -€1,610 | -28.9% |
| Recurring financial charges | 65 | €5,569 | €3,959 | -€1,610 | -28.9% |
| Profit (loss) for the period before taxes | 9903 | €261,139 | €159,851 | -€101,288 | -38.8% |
| Income taxes | 67/77 | €78,908 | €47,415 | -€31,493 | -39.9% |
| Profit (loss) for the period | 9904 | €182,231 | €112,436 | -€69,795 | -38.3% |
| Profit (loss) for the period to be appropriated | 9905 | €182,231 | €112,436 | -€69,795 | -38.3% |
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 12 October 2026 via checked.be.