Ard'N Garden: 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.
Ard'N Garden
Largest movements
- Tangible fixed assets -€12,062
down €12,062 (-10.9%), from €110,593 to €98,531
of which Furniture and vehicles: -€6,172
- Stocks and contracts +€5,100
up €5,100 (+73.9%), from €6,900 to €12,000
- Cash -€3,677
down €3,677 (-11.3%), from €32,577 to €28,900
mainly Investment in fixed assets (net) (-€23,027) and Debts after one year (-€18,084)
- Receivables within one year +€3,000
up €3,000 (+60.1%), from €4,989 to €7,989
of which Other amounts receivable: +€1,978
- Debts after one year -€18,084
down €18,084 (-40.0%), from €45,219 to €27,135
- Profit (loss) carried forward +€10,829
up €10,829 (+61.8%), from €17,520 to €28,349
- Tax, wage and social debts -€3,285
down €3,285 (-32.9%), from €9,979 to €6,694
of which Taxes: -€3,526
- Other debts +€2,547
up €2,547 (+4.4%), from €58,020 to €60,567
- Financial income +€23,173
up €23,173 (+349,516%), from €7 to €23,180
of which Non-recurring financial income: +€23,155
- Gross operating margin -€16,932
down €16,932 (-32.6%), from €51,995 to €35,063
- Staff costs -€6,492
down €6,492 (-46.6%), from €13,922 to €7,430
- Depreciation +€2,431
up €2,431 (+7.4%), from €32,658 to €35,089
- Taxes +€1,635
up €1,635 (+333%), from €491 to €2,127
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.
Derived cash bridge
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 | €155,764 | €147,682 | -€8,082 | -5.2% |
| Fixed assets | 21/28 | €110,593 | €98,531 | -€12,062 | -10.9% |
| Tangible fixed assets | 22/27 | €110,593 | €98,531 | -€12,062 | -10.9% |
| Plant, machinery and equipment | 23 | €86,852 | €81,352 | -€5,500 | -6.3% |
| Furniture and vehicles | 24 | €22,136 | €15,964 | -€6,172 | -27.9% |
| Other tangible fixed assets | 26 | €1,605 | €1,215 | -€390 | -24.3% |
| Current assets | 29/58 | €45,171 | €49,150 | +€3,980 | +8.8% |
| Stocks and contracts in progress | 3 | €6,900 | €12,000 | +€5,100 | +73.9% |
| Stocks | 30/36 | €6,900 | €12,000 | +€5,100 | +73.9% |
| Amounts receivable within one year | 40/41 | €4,989 | €7,989 | +€3,000 | +60.1% |
| Trade receivables | 40 | €4,784 | €5,806 | +€1,022 | +21.4% |
| Other amounts receivable | 41 | €205 | €2,183 | +€1,978 | +965% |
| Cash at bank and in hand | 54/58 | €32,577 | €28,900 | -€3,677 | -11.3% |
| Deferred charges and accrued income | 490/1 | €705 | €262 | -€443 | -62.9% |
| Total equity and liabilities | 10/49 | €155,764 | €147,682 | -€8,082 | -5.2% |
| Equity | 10/15 | €22,520 | €33,349 | +€10,829 | +48.1% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €17,520 | €28,349 | +€10,829 | +61.8% |
| Amounts payable | 17/49 | €133,244 | €114,333 | -€18,911 | -14.2% |
| Amounts payable after more than one year | 17 | €45,219 | €27,135 | -€18,084 | -40.0% |
| Financial debts | 170/4 | €45,219 | €27,135 | -€18,084 | -40.0% |
| Amounts payable within one year | 42/48 | €88,025 | €87,199 | -€826 | -0.9% |
| Current portion of amounts payable after more than one year | 42 | €17,659 | €18,884 | +€1,225 | +6.9% |
| Trade debts | 44 | €2,367 | €1,054 | -€1,313 | -55.5% |
| Suppliers | 440/4 | €2,367 | €1,054 | -€1,313 | -55.5% |
| Taxes, remuneration and social security | 45 | €9,979 | €6,694 | -€3,285 | -32.9% |
| Taxes | 450/3 | €6,947 | €3,422 | -€3,526 | -50.8% |
| Remuneration and social security | 454/9 | €3,031 | €3,272 | +€241 | +8.0% |
| Other amounts payable | 47/48 | €58,020 | €60,567 | +€2,547 | +4.4% |
| Remuneration, social security and pensions | 62 | €13,922 | €7,430 | -€6,492 | -46.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €32,658 | €35,089 | +€2,431 | +7.4% |
| Other operating charges | 640/8 | €816 | €1,077 | +€261 | +32.0% |
| Gross operating margin | 9900 | €51,995 | €35,063 | -€16,932 | -32.6% |
| Operating profit (loss) | 9901 | €4,599 | -€8,533 | -€13,132 | |
| Financial income | 75/76B | €7 | €23,180 | +€23,173 | +349,516% |
| Recurring financial income | 75 | €7 | €24 | +€18 | +268% |
| Non-recurring financial income | 76B | - | €23,155 | +€23,155 | |
| Financial charges | 65/66B | €2,030 | €1,691 | -€339 | -16.7% |
| Recurring financial charges | 65 | €2,030 | €1,691 | -€339 | -16.7% |
| Profit (loss) for the period before taxes | 9903 | €2,576 | €12,955 | +€10,379 | +403% |
| Income taxes | 67/77 | €491 | €2,127 | +€1,635 | +333% |
| Profit (loss) for the period | 9904 | €2,085 | €10,829 | +€8,744 | +419% |
| Profit (loss) for the period to be appropriated | 9905 | €2,085 | €10,829 | +€8,744 | +419% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 23 October 2026 via checked.be.