MAARS 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.
MAARS GARAGE
Largest movements
- Tangible fixed assets +€39,036
new in 2024: €39,036
- Stocks and contracts +€27,300
up €27,300 (+97.7%), from €27,930 to €55,230
- Receivables within one year +€10,424
up €10,424 (+28.1%), from €37,038 to €47,462
of which Trade receivables: +€16,658
- Cash -€5,861
down €5,861 (-58.0%), from €10,104 to €4,243
mainly Investment in fixed assets (net) (-€45,042) and Stocks and contracts (-€27,300)
- Debts after one year +€24,889
new in 2024: €24,889
- Trade debts +€24,285
up €24,285 (+48.6%), from €49,983 to €74,268
- Tax, wage and social debts +€14,797
up €14,797 (+117%), from €12,678 to €27,474
of which Remuneration and social security: +€15,319
- Profit (loss) carried forward +€6,478
up €6,478 (+603%), from €1,075 to €7,553
- Gross operating margin +€20,871
up €20,871, from -€2,690 to €18,181
- Depreciation +€6,006
up €6,006 (+2,899%), from €207 to €6,213
- Taxes -€1,962
no longer reported in 2024 (was €1,962)
- Other operating charges +€894
up €894 (+20.8%), from €4,294 to €5,188
- Financial income -€223
no longer reported in 2024 (was €223)
of which Financial income: -€223
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 | €82,336 | €153,028 | +€70,692 | +85.9% |
| Formation expenses | 20 | €829 | €621 | -€207 | -25.0% |
| Fixed assets | 21/28 | €320 | €39,356 | +€39,036 | +12,199% |
| Tangible fixed assets | 22/27 | - | €39,036 | +€39,036 | |
| Leasing and similar rights | 25 | - | €39,036 | +€39,036 | |
| Financial fixed assets | 28 | €320 | €320 | = | 0.0% |
| Current assets | 29/58 | €81,187 | €113,050 | +€31,863 | +39.2% |
| Stocks and contracts in progress | 3 | €27,930 | €55,230 | +€27,300 | +97.7% |
| Stocks | 30/36 | €27,930 | €55,230 | +€27,300 | +97.7% |
| Amounts receivable within one year | 40/41 | €37,038 | €47,462 | +€10,424 | +28.1% |
| Trade receivables | 40 | €21,435 | €38,093 | +€16,658 | +77.7% |
| Other amounts receivable | 41 | €15,603 | €9,370 | -€6,234 | -40.0% |
| Cash at bank and in hand | 54/58 | €10,104 | €4,243 | -€5,861 | -58.0% |
| Deferred charges and accrued income | 490/1 | €6,115 | €6,115 | = | 0.0% |
| Total equity and liabilities | 10/49 | €82,336 | €153,028 | +€70,692 | +85.9% |
| Equity | 10/15 | €19,675 | €26,153 | +€6,478 | +32.9% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | €1,075 | €7,553 | +€6,478 | +603% |
| Amounts payable | 17/49 | €62,661 | €126,875 | +€64,214 | +102% |
| Amounts payable after more than one year | 17 | - | €24,889 | +€24,889 | |
| Financial debts | 170/4 | - | €24,889 | +€24,889 | |
| Amounts payable within one year | 42/48 | €62,661 | €101,986 | +€39,326 | +62.8% |
| Financial debts | 43 | - | €244 | +€244 | |
| Credit institutions | 430/8 | - | €244 | +€244 | |
| Trade debts | 44 | €49,983 | €74,268 | +€24,285 | +48.6% |
| Suppliers | 440/4 | €49,983 | €74,268 | +€24,285 | +48.6% |
| Taxes, remuneration and social security | 45 | €12,678 | €27,474 | +€14,797 | +117% |
| Taxes | 450/3 | €1,877 | €1,354 | -€522 | -27.8% |
| Remuneration and social security | 454/9 | €10,801 | €26,120 | +€15,319 | +142% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €207 | €6,213 | +€6,006 | +2,899% |
| Other operating charges | 640/8 | €4,294 | €5,188 | +€894 | +20.8% |
| Gross operating margin | 9900 | -€2,690 | €18,181 | +€20,871 | |
| Operating profit (loss) | 9901 | -€7,191 | €6,780 | +€13,971 | |
| Financial income | 75/76B | €223 | - | -€223 | |
| Recurring financial income | 75 | €223 | - | -€223 | |
| Non-recurring financial income | 76B | €223 | - | -€223 | |
| Financial charges | 65/66B | €364 | €302 | -€62 | -17.0% |
| Recurring financial charges | 65 | €364 | €302 | -€62 | -17.0% |
| Profit (loss) for the period before taxes | 9903 | -€7,332 | €6,478 | +€13,810 | |
| Income taxes | 67/77 | €1,962 | - | -€1,962 | |
| Profit (loss) for the period | 9904 | -€9,294 | €6,478 | +€15,772 | |
| Profit (loss) for the period to be appropriated | 9905 | -€9,294 | €6,478 | +€15,772 |
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 21 October 2026 via checked.be.