GARLIER: what changed
What changed
GARLIER
filed annual accounts (NBB)
Net result for the year
€2,575
2024 · €3,153-€578
Equity
€31,070
2024 · €28,495+€2,575
Cash
€5,737
2024 · €2,170+€3,567
Balance sheet total
€452,653
2024 · €472,378-€19,725
Largest movements
Assets
- Tangible fixed assets -€23,337
down €23,337 (-6.1%), from €384,878 to €361,542
of which Other tangible fixed assets: -€20,150
Equity and liabilities
- Other debts -€22,300
down €22,300 (-5.0%), from €443,883 to €421,583
Income statement
- Gross operating margin -€502
down €502 (-1.7%), from €29,637 to €29,135
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
€3,153
Gross operating margin
-€502
Depreciation
-€4
Other operating charges
-€72
Financial charges
-€0
Result 2025
€2,575
lowers 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
+€3,567
Investment
€0
Financing
€0
Cash 2024
€2,170
From operations (derived)
+€3,567
Net result for the year
+€2,575
Depreciation
+€23,337
Deferred charges and accrued income
-€44
Other debts
-€22,300
Cash 2025
€5,737
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €472,378 | €452,653 | -€19,725 | -4.2% |
| Fixed assets | 21/28 | €384,878 | €361,542 | -€23,337 | -6.1% |
| Tangible fixed assets | 22/27 | €384,878 | €361,542 | -€23,337 | -6.1% |
| Furniture and vehicles | 24 | €4,811 | €1,624 | -€3,187 | -66.2% |
| Other tangible fixed assets | 26 | €380,068 | €359,918 | -€20,150 | -5.3% |
| Current assets | 29/58 | €87,500 | €91,111 | +€3,612 | +4.1% |
| Amounts receivable after more than one year | 29 | €83,913 | €83,913 | = | 0.0% |
| Other amounts receivable | 291 | €83,913 | €83,913 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €2,170 | €5,737 | +€3,567 | +164% |
| Deferred charges and accrued income | 490/1 | €1,417 | €1,461 | +€44 | +3.1% |
| Total equity and liabilities | 10/49 | €472,378 | €452,653 | -€19,725 | -4.2% |
| Equity | 10/15 | €28,495 | €31,070 | +€2,575 | +9.0% |
| Contributions | 10/11 | €220,000 | €220,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€191,505 | -€188,930 | +€2,575 | +1.3% |
| Amounts payable | 17/49 | €443,883 | €421,583 | -€22,300 | -5.0% |
| Amounts payable within one year | 42/48 | €443,883 | €421,583 | -€22,300 | -5.0% |
| Other amounts payable | 47/48 | €443,883 | €421,583 | -€22,300 | -5.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €23,332 | €23,337 | +€4 | 0.0% |
| Other operating charges | 640/8 | €3,084 | €3,156 | +€72 | +2.3% |
| Gross operating margin | 9900 | €29,637 | €29,135 | -€502 | -1.7% |
| Operating profit (loss) | 9901 | €3,221 | €2,643 | -€578 | -17.9% |
| Financial charges | 65/66B | €67 | €68 | +€0 | +0.4% |
| Recurring financial charges | 65 | €67 | €68 | +€0 | +0.4% |
| Profit (loss) for the period before taxes | 9903 | €3,153 | €2,575 | -€578 | -18.3% |
| Profit (loss) for the period | 9904 | €3,153 | €2,575 | -€578 | -18.3% |
| Profit (loss) for the period to be appropriated | 9905 | €3,153 | €2,575 | -€578 | -18.3% |
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.