GARAGE VANTILT: 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 VANTILT
Largest movements
- Stocks and contracts +€137,109
up €137,109 (+198%), from €69,315 to €206,424
- Tangible fixed assets +€41,772
up €41,772 (+35.8%), from €116,699 to €158,471
of which Furniture and vehicles: +€49,235
- Cash -€23,044
down €23,044 (-32.8%), from €70,195 to €47,151
mainly Stocks and contracts (-€137,109) and Investment in fixed assets (net) (-€77,166)
- Deferred charges and accrued income +€8,495
up €8,495 (+91.3%), from €9,306 to €17,801
- Reserves +€111,397
up €111,397 (+100%), from €111,019 to €222,416
- Trade debts +€40,332
up €40,332 (+90.1%), from €44,772 to €85,104
- Advances received +€19,000
new in 2025: €19,000
- Current portion of long-term debt -€14,265
down €14,265 (-43.6%), from €32,710 to €18,445
- Tax, wage and social debts +€10,669
up €10,669 (+57.5%), from €18,553 to €29,222
of which Remuneration and social security: +€6,339
- Gross operating margin +€92,966
up €92,966 (+46.8%), from €198,658 to €291,624
- Staff costs +€16,620
up €16,620 (+22.9%), from €72,508 to €89,128
- Taxes +€14,540
up €14,540 (+78.5%), from €18,512 to €33,052
- Depreciation +€11,200
up €11,200 (+46.3%), from €24,194 to €35,395
- Other operating charges +€5,089
up €5,089 (+66.5%), from €7,652 to €12,741
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 | €332,896 | €499,220 | +€166,324 | +50.0% |
| Fixed assets | 21/28 | €120,964 | €162,736 | +€41,772 | +34.5% |
| Tangible fixed assets | 22/27 | €116,699 | €158,471 | +€41,772 | +35.8% |
| Land and buildings | 22 | €11,137 | €9,201 | -€1,935 | -17.4% |
| Plant, machinery and equipment | 23 | €36,169 | €30,641 | -€5,528 | -15.3% |
| Furniture and vehicles | 24 | €69,394 | €118,629 | +€49,235 | +71.0% |
| Financial fixed assets | 28 | €4,265 | €4,265 | = | 0.0% |
| Current assets | 29/58 | €211,932 | €336,484 | +€124,552 | +58.8% |
| Stocks and contracts in progress | 3 | €69,315 | €206,424 | +€137,109 | +198% |
| Stocks | 30/36 | €69,315 | €206,424 | +€137,109 | +198% |
| Amounts receivable within one year | 40/41 | €63,116 | €65,108 | +€1,992 | +3.2% |
| Trade receivables | 40 | €52,615 | €56,396 | +€3,781 | +7.2% |
| Other amounts receivable | 41 | €10,501 | €8,712 | -€1,789 | -17.0% |
| Cash at bank and in hand | 54/58 | €70,195 | €47,151 | -€23,044 | -32.8% |
| Deferred charges and accrued income | 490/1 | €9,306 | €17,801 | +€8,495 | +91.3% |
| Total equity and liabilities | 10/49 | €332,896 | €499,220 | +€166,324 | +50.0% |
| Equity | 10/15 | €129,619 | €241,016 | +€111,397 | +85.9% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €111,019 | €222,416 | +€111,397 | +100% |
| Distributable reserves | 133 | €111,019 | €222,416 | +€111,397 | +100% |
| Amounts payable | 17/49 | €203,277 | €258,204 | +€54,927 | +27.0% |
| Amounts payable after more than one year | 17 | €6,026 | - | -€6,026 | |
| Financial debts | 170/4 | €6,026 | - | -€6,026 | |
| Amounts payable within one year | 42/48 | €192,973 | €251,673 | +€58,701 | +30.4% |
| Current portion of amounts payable after more than one year | 42 | €32,710 | €18,445 | -€14,265 | -43.6% |
| Trade debts | 44 | €44,772 | €85,104 | +€40,332 | +90.1% |
| Suppliers | 440/4 | €44,772 | €85,104 | +€40,332 | +90.1% |
| Advances received on contracts in progress | 46 | - | €19,000 | +€19,000 | |
| Taxes, remuneration and social security | 45 | €18,553 | €29,222 | +€10,669 | +57.5% |
| Taxes | 450/3 | €13,277 | €17,607 | +€4,330 | +32.6% |
| Remuneration and social security | 454/9 | €5,275 | €11,615 | +€6,339 | +120% |
| Other amounts payable | 47/48 | €96,938 | €99,902 | +€2,964 | +3.1% |
| Accrued charges and deferred income | 492/3 | €4,278 | €6,531 | +€2,253 | +52.7% |
| Non-recurring operating income | 76A | €124 | - | -€124 | |
| Remuneration, social security and pensions | 62 | €72,508 | €89,128 | +€16,620 | +22.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €24,194 | €35,395 | +€11,200 | +46.3% |
| Other operating charges | 640/8 | €7,652 | €12,741 | +€5,089 | +66.5% |
| Non-recurring operating charges | 66A | - | €498 | +€498 | |
| Gross operating margin | 9900 | €198,658 | €291,624 | +€92,966 | +46.8% |
| Operating profit (loss) | 9901 | €94,304 | €153,861 | +€59,558 | +63.2% |
| Financial income | 75/76B | €25 | €214 | +€189 | +769% |
| Recurring financial income | 75 | €25 | €214 | +€189 | +769% |
| Financial charges | 65/66B | €6,749 | €9,626 | +€2,877 | +42.6% |
| Recurring financial charges | 65 | €6,749 | €9,626 | +€2,877 | +42.6% |
| Profit (loss) for the period before taxes | 9903 | €87,580 | €144,449 | +€56,870 | +64.9% |
| Income taxes | 67/77 | €18,512 | €33,052 | +€14,540 | +78.5% |
| Profit (loss) for the period | 9904 | €69,068 | €111,397 | +€42,329 | +61.3% |
| Profit (loss) for the period to be appropriated | 9905 | €69,068 | €111,397 | +€42,329 | +61.3% |
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 26 October 2026 via checked.be.