GAROT DIFFUSION: what changed
Two fiscal 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.
GAROT DIFFUSION
Largest movements
- Tangible fixed assets -€9,217
down €9,217 (-31.1%), from €29,633 to €20,417
of which Furniture and vehicles: -€8,620
- Receivables within one year -€4,774
down €4,774 (-93.7%), from €5,096 to €323
of which Trade receivables: -€4,845
- Cash -€823
down €823 (-2.7%), from €30,718 to €29,895
mainly Net result for the year (-€10,976) and Trade debts (-€7,355)
- Reserves -€11,000
down €11,000 (-23.5%), from €46,860 to €35,860
of which Distributable reserves: -€11,000
- Trade debts -€7,355
down €7,355 (-98.0%), from €7,506 to €151
- Other debts +€2,533
up €2,533 (+5065160.0%), from €0 to €2,533
- Other operating charges -€4,817
down €4,817 (-36.3%), from €13,257 to €8,440
- Taxes +€514
up €514 (+440.0%), from €117 to €630
- Gross operating margin -€354
down €354 (-4.7%), from €7,569 to €7,215
- Financial income +€122
up €122 (+145.9%), from €83 to €205
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 | €67,458 | €52,173 | -€15,285 | -22.7% |
| Fixed assets | 21/28 | €29,658 | €20,442 | -€9,217 | -31.1% |
| Tangible fixed assets | 22/27 | €29,633 | €20,417 | -€9,217 | -31.1% |
| Land and buildings | 22 | €891 | €294 | -€596 | -67.0% |
| Furniture and vehicles | 24 | €28,743 | €20,122 | -€8,620 | -30.0% |
| Financial fixed assets | 28 | €25 | €25 | = | 0.0% |
| Current assets | 29/58 | €37,799 | €31,732 | -€6,068 | -16.1% |
| Amounts receivable within one year | 40/41 | €5,096 | €323 | -€4,774 | -93.7% |
| Trade receivables | 40 | €4,845 | - | -€4,845 | |
| Other amounts receivable | 41 | €252 | €323 | +€71 | +28.2% |
| Cash at bank and in hand | 54/58 | €30,718 | €29,895 | -€823 | -2.7% |
| Deferred charges and accrued income | 490/1 | €1,985 | €1,514 | -€471 | -23.7% |
| Total equity and liabilities | 10/49 | €67,458 | €52,173 | -€15,285 | -22.7% |
| Equity | 10/15 | €59,835 | €48,859 | -€10,976 | -18.3% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €46,860 | €35,860 | -€11,000 | -23.5% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €45,000 | €34,000 | -€11,000 | -24.4% |
| Profit (loss) carried forward | 14 | €575 | €599 | +€24 | +4.2% |
| Amounts payable | 17/49 | €7,623 | €3,314 | -€4,309 | -56.5% |
| Amounts payable within one year | 42/48 | €7,623 | €3,314 | -€4,309 | -56.5% |
| Trade debts | 44 | €7,506 | €151 | -€7,355 | -98.0% |
| Suppliers | 440/4 | €7,506 | €151 | -€7,355 | -98.0% |
| Taxes, remuneration and social security | 45 | €117 | €630 | +€514 | +440.0% |
| Taxes | 450/3 | €117 | €630 | +€514 | +440.0% |
| Other amounts payable | 47/48 | €0 | €2,533 | +€2,533 | +5065160.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,217 | €9,217 | = | 0.0% |
| Other operating charges | 640/8 | €13,257 | €8,440 | -€4,817 | -36.3% |
| Gross operating margin | 9900 | €7,569 | €7,215 | -€354 | -4.7% |
| Operating profit (loss) | 9901 | -€14,904 | -€10,441 | +€4,463 | +29.9% |
| Financial income | 75/76B | €83 | €205 | +€122 | +145.9% |
| Recurring financial income | 75 | €83 | €205 | +€122 | +145.9% |
| Financial charges | 65/66B | €44 | €109 | +€66 | +150.7% |
| Recurring financial charges | 65 | €44 | €109 | +€66 | +150.7% |
| Profit (loss) for the period before taxes | 9903 | -€14,865 | -€10,345 | +€4,519 | +30.4% |
| Income taxes | 67/77 | €117 | €630 | +€514 | +440.0% |
| Profit (loss) for the period | 9904 | -€14,981 | -€10,976 | +€4,006 | +26.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€14,981 | -€10,976 | +€4,006 | +26.7% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.