Temo 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.
Temo Garage
Largest movements
- Tangible fixed assets +€25,609
up €25,609 (+139%), from €18,436 to €44,045
of which Land and buildings: +€28,888
- Cash +€5,439
up €5,439 (+50.6%), from €10,740 to €16,179
mainly Net result for the year (+€23,204) and Depreciation (+€7,053)
- Receivables within one year -€5,111
down €5,111 (-26.4%), from €19,366 to €14,255
of which Other amounts receivable: -€6,316
- Profit (loss) carried forward +€23,204
up €23,204 (+13.5%), from -€171,642 to -€148,438
- Other debts +€3,779
up €3,779 (+7.5%), from €50,462 to €54,241
- Trade debts -€2,068
down €2,068 (-43.6%), from €4,747 to €2,679
- Tax, wage and social debts +€1,021
up €1,021 (+102%), from €1,000 to €2,021
of which Taxes: +€2,021
- Gross operating margin +€161,891
up €161,891, from -€112,384 to €49,507
- Staff costs -€29,528
down €29,528 (-93.1%), from €31,723 to €2,195
- Depreciation -€8,253
down €8,253 (-53.9%), from €15,306 to €7,053
- Other operating charges +€5,998
up €5,998 (+170%), from €3,532 to €9,530
- Financial charges -€4,146
down €4,146 (-86.5%), from €4,794 to €648
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 | €49,058 | €74,995 | +€25,937 | +52.9% |
| Fixed assets | 21/28 | €18,952 | €44,561 | +€25,609 | +135% |
| Tangible fixed assets | 22/27 | €18,436 | €44,045 | +€25,609 | +139% |
| Land and buildings | 22 | €9,698 | €38,586 | +€28,888 | +298% |
| Plant, machinery and equipment | 23 | €6,959 | €4,242 | -€2,717 | -39.0% |
| Furniture and vehicles | 24 | €1,779 | €1,216 | -€563 | -31.6% |
| Financial fixed assets | 28 | €516 | €516 | +€0 | +0.1% |
| Current assets | 29/58 | €30,106 | €30,434 | +€328 | +1.1% |
| Amounts receivable within one year | 40/41 | €19,366 | €14,255 | -€5,111 | -26.4% |
| Trade receivables | 40 | €7,192 | €8,397 | +€1,205 | +16.8% |
| Other amounts receivable | 41 | €12,174 | €5,858 | -€6,316 | -51.9% |
| Cash at bank and in hand | 54/58 | €10,740 | €16,179 | +€5,439 | +50.6% |
| Total equity and liabilities | 10/49 | €49,058 | €74,995 | +€25,937 | +52.9% |
| Equity | 10/15 | -€7,151 | €16,053 | +€23,204 | |
| Contributions | 10/11 | €34,705 | €34,705 | +€0 | 0.0% |
| Capital | 10 | €34,705 | - | -€34,705 | |
| Issued capital | 100 | €34,705 | - | -€34,705 | |
| Reserves | 13 | €129,786 | €129,786 | +€0 | 0.0% |
| Non-distributable reserves | 130/1 | €3,471 | €0 | -€3,471 | -100% |
| Legal reserve | 130 | €3,471 | - | -€3,471 | |
| Reserves not available under the articles | 1311 | - | €0 | = | |
| Tax-exempt reserves | 132 | €4,617 | €4,617 | -€0 | 0.0% |
| Distributable reserves | 133 | €121,698 | €125,169 | +€3,471 | +2.9% |
| Profit (loss) carried forward | 14 | -€171,642 | -€148,438 | +€23,204 | +13.5% |
| Amounts payable | 17/49 | €56,209 | €58,942 | +€2,733 | +4.9% |
| Amounts payable within one year | 42/48 | €56,209 | €58,942 | +€2,733 | +4.9% |
| Trade debts | 44 | €4,747 | €2,679 | -€2,068 | -43.6% |
| Suppliers | 440/4 | €4,747 | €2,679 | -€2,068 | -43.6% |
| Taxes, remuneration and social security | 45 | €1,000 | €2,021 | +€1,021 | +102% |
| Taxes | 450/3 | - | €2,021 | +€2,021 | |
| Remuneration and social security | 454/9 | €1,000 | €0 | -€1,000 | -100% |
| Other amounts payable | 47/48 | €50,462 | €54,241 | +€3,779 | +7.5% |
| Remuneration, social security and pensions | 62 | €31,723 | €2,195 | -€29,528 | -93.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,306 | €7,053 | -€8,253 | -53.9% |
| Other operating charges | 640/8 | €3,532 | €9,530 | +€5,998 | +170% |
| Non-recurring operating charges | 66A | €53 | - | -€53 | |
| Gross operating margin | 9900 | -€112,384 | €49,507 | +€161,891 | |
| Operating profit (loss) | 9901 | -€162,998 | €30,729 | +€193,727 | |
| Financial income | 75/76B | - | €59 | +€59 | |
| Recurring financial income | 75 | - | €59 | +€59 | |
| Financial charges | 65/66B | €4,794 | €648 | -€4,146 | -86.5% |
| Recurring financial charges | 65 | €4,794 | €648 | -€4,146 | -86.5% |
| Profit (loss) for the period before taxes | 9903 | -€167,792 | €30,139 | +€197,931 | |
| Income taxes | 67/77 | €3,850 | €6,935 | +€3,085 | +80.1% |
| Profit (loss) for the period | 9904 | -€171,642 | €23,204 | +€194,846 | |
| Profit (loss) for the period to be appropriated | 9905 | -€171,642 | €23,204 | +€194,846 |
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 30 October 2026 via checked.be.