Lio’s garage: 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.
Lio’s garage
Largest movements
- Receivables within one year -€20,911
down €20,911 (-18.5%), from €113,126 to €92,215
of which Other amounts receivable: -€12,229
- Stocks and contracts +€16,024
up €16,024 (+19.1%), from €84,046 to €100,071
- Tangible fixed assets -€13,839
down €13,839 (-8.2%), from €167,871 to €154,032
of which Plant, machinery and equipment: -€13,203
- Cash +€8,302
up €8,302 (+1,105%), from €751 to €9,053
mainly Trade debts (+€60,297) and Other debts (+€30,000)
- Profit (loss) carried forward -€133,858
down €133,858, from €112,445 to -€21,412
- Trade debts +€60,297
up €60,297 (+69.2%), from €87,152 to €147,449
- Other debts +€30,000
new in 2024: €30,000
- Tax, wage and social debts +€27,360
up €27,360 (+85.3%), from €32,088 to €59,449
of which Taxes: +€19,360
- Gross operating margin -€91,969
down €91,969, from €50,400 to -€41,570
- Other operating charges +€20,248
up €20,248 (+332%), from €6,093 to €26,341
- Financial charges +€16,220
up €16,220, from -€8 to €16,212
- Staff costs -€13,239
down €13,239 (-36.6%), from €36,147 to €22,908
- Depreciation +€3,358
up €3,358 (+14.3%), from €23,481 to €26,839
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €369,945 | €356,339 | -€13,606 | -3.7% |
| Fixed assets | 21/28 | €168,271 | €154,432 | -€13,839 | -8.2% |
| Tangible fixed assets | 22/27 | €167,871 | €154,032 | -€13,839 | -8.2% |
| Land and buildings | 22 | €143,439 | €135,704 | -€7,735 | -5.4% |
| Plant, machinery and equipment | 23 | €21,691 | €8,487 | -€13,203 | -60.9% |
| Furniture and vehicles | 24 | €2,742 | €9,841 | +€7,100 | +259% |
| Financial fixed assets | 28 | €400 | €400 | = | 0.0% |
| Current assets | 29/58 | €201,674 | €201,907 | +€232 | +0.1% |
| Stocks and contracts in progress | 3 | €84,046 | €100,071 | +€16,024 | +19.1% |
| Stocks | 30/36 | €84,046 | €100,071 | +€16,024 | +19.1% |
| Amounts receivable within one year | 40/41 | €113,126 | €92,215 | -€20,911 | -18.5% |
| Trade receivables | 40 | €17,870 | €9,188 | -€8,682 | -48.6% |
| Other amounts receivable | 41 | €95,257 | €83,028 | -€12,229 | -12.8% |
| Cash at bank and in hand | 54/58 | €751 | €9,053 | +€8,302 | +1,105% |
| Deferred charges and accrued income | 490/1 | €3,750 | €567 | -€3,183 | -84.9% |
| Total equity and liabilities | 10/49 | €369,945 | €356,339 | -€13,606 | -3.7% |
| Equity | 10/15 | €250,705 | €116,848 | -€133,858 | -53.4% |
| Contributions | 10/11 | €112,400 | €112,400 | = | 0.0% |
| Reserves | 13 | €25,860 | €25,860 | = | 0.0% |
| 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 | €24,000 | €24,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €112,445 | -€21,412 | -€133,858 | |
| Amounts payable | 17/49 | €119,240 | €239,491 | +€120,251 | +101% |
| Amounts payable within one year | 42/48 | €119,240 | €239,491 | +€120,251 | +101% |
| Financial debts | 43 | - | €2,594 | +€2,594 | |
| Credit institutions | 430/8 | - | €2,594 | +€2,594 | |
| Trade debts | 44 | €87,152 | €147,449 | +€60,297 | +69.2% |
| Suppliers | 440/4 | €87,152 | €147,449 | +€60,297 | +69.2% |
| Taxes, remuneration and social security | 45 | €32,088 | €59,449 | +€27,360 | +85.3% |
| Taxes | 450/3 | €28,219 | €47,579 | +€19,360 | +68.6% |
| Remuneration and social security | 454/9 | €3,870 | €11,870 | +€8,000 | +207% |
| Other amounts payable | 47/48 | - | €30,000 | +€30,000 | |
| Remuneration, social security and pensions | 62 | €36,147 | €22,908 | -€13,239 | -36.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €23,481 | €26,839 | +€3,358 | +14.3% |
| Other operating charges | 640/8 | €6,093 | €26,341 | +€20,248 | +332% |
| Non-recurring operating charges | 66A | €23,481 | €0 | -€23,481 | -100% |
| Gross operating margin | 9900 | €50,400 | -€41,570 | -€91,969 | |
| Operating profit (loss) | 9901 | -€38,803 | -€117,658 | -€78,855 | -203% |
| Financial income | 75/76B | €851 | €13 | -€838 | -98.5% |
| Recurring financial income | 75 | €851 | €13 | -€838 | -98.5% |
| Financial charges | 65/66B | -€8 | €16,212 | +€16,220 | |
| Recurring financial charges | 65 | -€8 | €16,212 | +€16,220 | |
| Profit (loss) for the period before taxes | 9903 | -€37,944 | -€133,858 | -€95,914 | -253% |
| Profit (loss) for the period | 9904 | -€37,944 | -€133,858 | -€95,914 | -253% |
| Profit (loss) for the period to be appropriated | 9905 | -€37,944 | -€133,858 | -€95,914 | -253% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 31 October 2026 via checked.be.