GARAGE VVL: 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 VVL
Largest movements
- Cash +€19,020
up €19,020 (+37.7%), from €50,421 to €69,441
mainly Net result for the year (+€26,249) and Depreciation (+€6,869)
- Tangible fixed assets -€6,870
down €6,870 (-21.8%), from €31,507 to €24,637
of which Land and buildings: -€4,374
- Profit (loss) carried forward +€26,249
up €26,249 (+15.1%), from -€173,871 to -€147,622
- Other debts -€14,795
down €14,795 (-47.3%), from €31,269 to €16,474
- Tax, wage and social debts +€2,395
up €2,395 (+210%), from €1,143 to €3,538
- Trade debts -€1,987
down €1,987 (-20.4%), from €9,749 to €7,762
- Gross operating margin +€10,020
up €10,020 (+32.8%), from €30,527 to €40,547
- Financial charges -€873
new in 2025: -€873
- Depreciation +€666
up €666 (+10.7%), from €6,203 to €6,869
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 | €95,940 | €107,802 | +€11,862 | +12.4% |
| Fixed assets | 21/28 | €31,557 | €24,687 | -€6,870 | -21.8% |
| Tangible fixed assets | 22/27 | €31,507 | €24,637 | -€6,870 | -21.8% |
| Land and buildings | 22 | €27,226 | €22,852 | -€4,374 | -16.1% |
| Furniture and vehicles | 24 | €4,281 | €1,785 | -€2,496 | -58.3% |
| Financial fixed assets | 28 | €50 | €50 | = | 0.0% |
| Current assets | 29/58 | €64,383 | €83,115 | +€18,732 | +29.1% |
| Stocks and contracts in progress | 3 | €4,600 | €3,750 | -€850 | -18.5% |
| Stocks | 30/36 | €4,600 | €3,750 | -€850 | -18.5% |
| Amounts receivable within one year | 40/41 | €6,262 | €6,785 | +€523 | +8.4% |
| Trade receivables | 40 | €6,262 | €6,785 | +€523 | +8.4% |
| Cash at bank and in hand | 54/58 | €50,421 | €69,441 | +€19,020 | +37.7% |
| Deferred charges and accrued income | 490/1 | €3,100 | €3,139 | +€39 | +1.3% |
| Total equity and liabilities | 10/49 | €95,940 | €107,802 | +€11,862 | +12.4% |
| Equity | 10/15 | -€106,221 | -€79,972 | +€26,249 | +24.7% |
| Contributions | 10/11 | €61,500 | €61,500 | = | 0.0% |
| Capital | 10 | €61,500 | €61,500 | = | 0.0% |
| Issued capital | 100 | €61,500 | €61,500 | = | 0.0% |
| Reserves | 13 | €6,150 | €6,150 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,150 | €6,150 | = | 0.0% |
| Legal reserve | 130 | €6,150 | €6,150 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€173,871 | -€147,622 | +€26,249 | +15.1% |
| Amounts payable | 17/49 | €202,161 | €187,774 | -€14,387 | -7.1% |
| Amounts payable after more than one year | 17 | €160,000 | €160,000 | = | 0.0% |
| Other amounts payable | 178/9 | €160,000 | €160,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €42,161 | €27,774 | -€14,387 | -34.1% |
| Trade debts | 44 | €9,749 | €7,762 | -€1,987 | -20.4% |
| Suppliers | 440/4 | €9,749 | €7,762 | -€1,987 | -20.4% |
| Taxes, remuneration and social security | 45 | €1,143 | €3,538 | +€2,395 | +210% |
| Taxes | 450/3 | €1,143 | €3,538 | +€2,395 | +210% |
| Other amounts payable | 47/48 | €31,269 | €16,474 | -€14,795 | -47.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,203 | €6,869 | +€666 | +10.7% |
| Other operating charges | 640/8 | €8,568 | €8,302 | -€266 | -3.1% |
| Gross operating margin | 9900 | €30,527 | €40,547 | +€10,020 | +32.8% |
| Operating profit (loss) | 9901 | €15,756 | €25,376 | +€9,620 | +61.1% |
| Financial charges | 65/66B | - | -€873 | -€873 | |
| Recurring financial charges | 65 | - | -€873 | -€873 | |
| Profit (loss) for the period before taxes | 9903 | €15,756 | €26,249 | +€10,493 | +66.6% |
| Profit (loss) for the period | 9904 | €15,756 | €26,249 | +€10,493 | +66.6% |
| Profit (loss) for the period to be appropriated | 9905 | €15,756 | €26,249 | +€10,493 | +66.6% |
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 23 October 2026 via checked.be.