ADL Garden: what changed
ADL Garden
Largest movements
- Receivables within one year +€26,969
up €26,969 (+314%), from €8,597 to €35,566
of which Trade receivables: +€26,053
- Tangible fixed assets -€23,973
down €23,973 (-42.8%), from €55,949 to €31,976
of which Furniture and vehicles: -€12,569
- Cash -€2,647
down €2,647 (-36.3%), from €7,287 to €4,641
mainly Receivables within one year (-€26,969) and Debts after one year (-€13,997)
- Debts after one year -€13,997
down €13,997 (-32.5%), from €43,122 to €29,125
of which Financial debts: -€15,213
- Profit (loss) carried forward +€9,778
up €9,778 (+167%), from €5,849 to €15,627
- Trade debts +€5,197
up €5,197 (+307%), from €1,694 to €6,892
- Current portion of long-term debt -€1,569
down €1,569 (-9.4%), from €16,782 to €15,213
- Gross operating margin +€32,529
up €32,529 (+71.4%), from €45,577 to €78,107
- Staff costs +€16,350
up €16,350 (+80.3%), from €20,374 to €36,724
- Depreciation +€1,817
up €1,817 (+6.8%), from €26,706 to €28,523
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €73,935 | €73,293 | -€642 | -0.9% |
| Fixed assets | 21/28 | €56,154 | €32,181 | -€23,973 | -42.7% |
| Tangible fixed assets | 22/27 | €55,949 | €31,976 | -€23,973 | -42.8% |
| Plant, machinery and equipment | 23 | €31,902 | €20,499 | -€11,404 | -35.7% |
| Furniture and vehicles | 24 | €24,047 | €11,478 | -€12,569 | -52.3% |
| Financial fixed assets | 28 | €205 | €205 | = | 0.0% |
| Current assets | 29/58 | €17,781 | €41,112 | +€23,330 | +131% |
| Stocks and contracts in progress | 3 | €442 | - | -€442 | |
| Stocks | 30/36 | €442 | - | -€442 | |
| Amounts receivable within one year | 40/41 | €8,597 | €35,566 | +€26,969 | +314% |
| Trade receivables | 40 | €5,597 | €31,650 | +€26,053 | +465% |
| Other amounts receivable | 41 | €3,000 | €3,916 | +€916 | +30.5% |
| Cash at bank and in hand | 54/58 | €7,287 | €4,641 | -€2,647 | -36.3% |
| Deferred charges and accrued income | 490/1 | €1,455 | €905 | -€550 | -37.8% |
| Total equity and liabilities | 10/49 | €73,935 | €73,293 | -€642 | -0.9% |
| Equity | 10/15 | €7,849 | €17,627 | +€9,778 | +125% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €5,849 | €15,627 | +€9,778 | +167% |
| Amounts payable | 17/49 | €66,086 | €55,666 | -€10,421 | -15.8% |
| Amounts payable after more than one year | 17 | €43,122 | €29,125 | -€13,997 | -32.5% |
| Financial debts | 170/4 | €23,577 | €8,364 | -€15,213 | -64.5% |
| Other amounts payable | 178/9 | €19,545 | €20,761 | +€1,215 | +6.2% |
| Amounts payable within one year | 42/48 | €22,956 | €26,533 | +€3,576 | +15.6% |
| Current portion of amounts payable after more than one year | 42 | €16,782 | €15,213 | -€1,569 | -9.4% |
| Trade debts | 44 | €1,694 | €6,892 | +€5,197 | +307% |
| Suppliers | 440/4 | €1,694 | €6,892 | +€5,197 | +307% |
| Taxes, remuneration and social security | 45 | €4,480 | €4,428 | -€52 | -1.2% |
| Taxes | 450/3 | €2,953 | €3,391 | +€438 | +14.8% |
| Remuneration and social security | 454/9 | €1,528 | €1,038 | -€490 | -32.1% |
| Accrued charges and deferred income | 492/3 | €8 | €9 | +€0 | +2.0% |
| Remuneration, social security and pensions | 62 | €20,374 | €36,724 | +€16,350 | +80.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €26,706 | €28,523 | +€1,817 | +6.8% |
| Other operating charges | 640/8 | €1,265 | €1,662 | +€397 | +31.3% |
| Gross operating margin | 9900 | €45,577 | €78,107 | +€32,529 | +71.4% |
| Operating profit (loss) | 9901 | -€2,768 | €11,197 | +€13,966 | |
| Financial income | 75/76B | €0 | €6 | +€6 | +1,428% |
| Recurring financial income | 75 | €0 | €6 | +€6 | +1,428% |
| Financial charges | 65/66B | €1,899 | €1,425 | -€473 | -24.9% |
| Recurring financial charges | 65 | €1,899 | €1,425 | -€473 | -24.9% |
| Profit (loss) for the period before taxes | 9903 | -€4,666 | €9,778 | +€14,445 | |
| Income taxes | 67/77 | -€34 | - | +€34 | |
| Profit (loss) for the period | 9904 | -€4,632 | €9,778 | +€14,411 | |
| Profit (loss) for the period to be appropriated | 9905 | -€4,632 | €9,778 | +€14,411 |
Next steps
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 2 November 2026 via checked.be.