GARAGE VEYS: what changed
What changed
GARAGE VEYS
NACE 95.311, General maintenance and repair of cars and light vans (up to 3.5 tonnes)
filed annual accounts (NBB)
Net result for the year
-€67,531
2024 · -€56,571-€10,960
Equity
€4.6m
2024 · €4.6m-€67,531
Cash
€65,171
2024 · €62,101+€3,070
Balance sheet total
€7.0m
2024 · €7.2m-€174,030
Largest movements
Assets
- Tangible fixed assets -€228,168
down €228,168 (-9.8%), from €2.3m to €2.1m
of which Land and buildings: -€221,843
Equity and liabilities
- Other debts -€1.5m
down €1.5m (-99.8%), from €1.5m to €2,642
- Debts after one year +€1.3m
up €1.3m (+228%), from €552,065 to €1.8m
Income statement
- Gross operating margin +€154,421
up €154,421, from -€20,900 to €133,520
- Financial income -€95,708
down €95,708 (-50.3%), from €190,169 to €94,461
- Financial charges +€48,967
up €48,967 (+1,161%), from €4,218 to €53,186
- Other operating charges +€27,516
up €27,516 (+972%), from €2,832 to €30,348
- Depreciation -€7,548
down €7,548 (-3.3%), from €229,564 to €222,016
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
-€56,571
Gross operating margin
+€154,421
Depreciation
+€7,548
Other operating charges
-€27,516
Financial income
-€95,708
Financial charges
-€48,967
Taxes
-€449
Deferred taxes and other
-€288
Result 2025
-€67,531
raises the resultlowers the resultnot broken down further in the accounts
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
-€1.2m
Investment
-€35,946
Financing
+€1.3m
Cash 2024
€62,101
From operations (derived)
-€1.2m
Net result for the year
-€67,531
Depreciation
+€222,016
Receivables within one year
-€42,045
Deferred charges and accrued income
+€33,076
Provisions
-€10,486
Trade debts
+€56,879
Tax, wage and social debts
-€5,240
Advances received
+€64,478
Other debts
-€1.5m
Accrued charges and deferred income
-€128
Investment (derived)
-€35,946
Investment in fixed assets (net)
+€6,153
Current investments
-€42,099
Financing
+€1.3m
Debts after one year
+€1.3m
Cash 2025
€65,171
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €7,217,096 | €7,043,066 | -€174,030 | -2.4% |
| Fixed assets | 21/28 | €2,324,181 | €2,096,013 | -€228,168 | -9.8% |
| Tangible fixed assets | 22/27 | €2,324,181 | €2,096,013 | -€228,168 | -9.8% |
| Land and buildings | 22 | €2,317,856 | €2,096,013 | -€221,843 | -9.6% |
| Plant, machinery and equipment | 23 | €4,111 | €0 | -€4,111 | -100% |
| Furniture and vehicles | 24 | €2,215 | €0 | -€2,215 | -100% |
| Current assets | 29/58 | €4,892,915 | €4,947,053 | +€54,139 | +1.1% |
| Amounts receivable within one year | 40/41 | €47,118 | €89,163 | +€42,045 | +89.2% |
| Trade receivables | 40 | - | €71,328 | +€71,328 | |
| Other amounts receivable | 41 | €47,118 | €17,835 | -€29,283 | -62.1% |
| Current investments | 50/53 | €4,750,149 | €4,792,249 | +€42,099 | +0.9% |
| Cash at bank and in hand | 54/58 | €62,101 | €65,171 | +€3,070 | +4.9% |
| Deferred charges and accrued income | 490/1 | €33,546 | €471 | -€33,076 | -98.6% |
| Total equity and liabilities | 10/49 | €7,217,096 | €7,043,066 | -€174,030 | -2.4% |
| Equity | 10/15 | €4,626,158 | €4,558,628 | -€67,531 | -1.5% |
| Contributions | 10/11 | €2,822,750 | €2,822,750 | = | 0.0% |
| Capital | 10 | €2,822,750 | €2,822,750 | = | 0.0% |
| Issued capital | 100 | €2,822,750 | €2,822,750 | = | 0.0% |
| Revaluation surpluses | 12 | €131 | €0 | -€131 | -100% |
| Reserves | 13 | €1,803,278 | €1,771,950 | -€31,328 | -1.7% |
| Non-distributable reserves | 130/1 | €116,056 | €116,187 | +€131 | +0.1% |
| Legal reserve | 130 | €116,056 | €116,187 | +€131 | +0.1% |
| Tax-exempt reserves | 132 | €1,687,221 | €1,655,763 | -€31,458 | -1.9% |
| Profit (loss) carried forward | 14 | - | -€36,072 | -€36,072 | |
| Provisions and deferred taxes | 16 | €556,157 | €545,671 | -€10,486 | -1.9% |
| Deferred taxes | 168 | €556,157 | €545,671 | -€10,486 | -1.9% |
| Amounts payable | 17/49 | €2,034,781 | €1,938,768 | -€96,013 | -4.7% |
| Amounts payable after more than one year | 17 | €552,065 | €1,809,945 | +€1.3m | +228% |
| Financial debts | 170/4 | €552,065 | €1,809,945 | +€1.3m | +228% |
| Amounts payable within one year | 42/48 | €1,482,446 | €128,681 | -€1.4m | -91.3% |
| Trade debts | 44 | €4,683 | €61,562 | +€56,879 | +1,215% |
| Suppliers | 440/4 | €4,683 | €61,562 | +€56,879 | +1,215% |
| Advances received on contracts in progress | 46 | - | €64,478 | +€64,478 | |
| Taxes, remuneration and social security | 45 | €5,240 | €0 | -€5,240 | -100% |
| Taxes | 450/3 | €5,240 | €0 | -€5,240 | -100% |
| Other amounts payable | 47/48 | €1,472,524 | €2,642 | -€1.5m | -99.8% |
| Accrued charges and deferred income | 492/3 | €269 | €141 | -€128 | -47.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €229,564 | €222,016 | -€7,548 | -3.3% |
| Other operating charges | 640/8 | €2,832 | €30,348 | +€27,516 | +972% |
| Gross operating margin | 9900 | -€20,900 | €133,520 | +€154,421 | |
| Operating profit (loss) | 9901 | -€253,296 | -€118,843 | +€134,453 | +53.1% |
| Financial income | 75/76B | €190,169 | €94,461 | -€95,708 | -50.3% |
| Recurring financial income | 75 | €190,169 | €94,461 | -€95,708 | -50.3% |
| Financial charges | 65/66B | €4,218 | €53,186 | +€48,967 | +1,161% |
| Recurring financial charges | 65 | €4,218 | €53,186 | +€48,967 | +1,161% |
| Profit (loss) for the period before taxes | 9903 | -€67,345 | -€77,568 | -€10,223 | -15.2% |
| Transfer from deferred taxes | 780 | €10,774 | €10,486 | -€288 | -2.7% |
| Income taxes | 67/77 | - | €449 | +€449 | |
| Profit (loss) for the period | 9904 | -€56,571 | -€67,531 | -€10,960 | -19.4% |
| Transfer from tax-exempt reserves | 789 | €32,323 | €31,458 | -€865 | -2.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€24,247 | -€36,072 | -€11,825 | -48.8% |
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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 4 November 2026 via checked.be.