AREA HORTICULTUREAE: 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.
AREA HORTICULTUREAE
Largest movements
- Receivables within one year +€3,332
up €3,332 (+87.1%), from €3,824 to €7,156
of which Other amounts receivable: +€3,367
- Cash +€1,097
up €1,097 (+44.7%), from €2,453 to €3,549
mainly Other debts (+€5,825) and Depreciation (+€2,251)
- Deferred charges and accrued income -€400
down €400 (-35.1%), from €1,140 to €740
- Other debts +€5,825
up €5,825 (+127%), from €4,572 to €10,397
- Profit (loss) carried forward -€1,789
down €1,789 (-4.8%), from -€37,378 to -€39,168
- Tax, wage and social debts +€594
up €594 (+6.5%), from €9,139 to €9,733
- Trade debts -€443
down €443 (-27.0%), from €1,640 to €1,197
- Taxes -€12,344
down €12,344 (-100%), from €12,344 to €0
- Gross operating margin -€1,419
down €1,419 (-60.3%), from €2,353 to €934
- Depreciation +€371
up €371 (+19.8%), from €1,880 to €2,251
- Other operating charges -€182
down €182 (-28.7%), from €633 to €452
- Financial charges -€110
down €110 (-68.9%), from €159 to €50
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 | €13,424 | €17,611 | +€4,186 | +31.2% |
| Fixed assets | 21/28 | €6,008 | €6,166 | +€157 | +2.6% |
| Tangible fixed assets | 22/27 | €6,008 | €6,166 | +€157 | +2.6% |
| Plant, machinery and equipment | 23 | €3,979 | €4,979 | +€1,000 | +25.1% |
| Furniture and vehicles | 24 | €2,029 | €1,187 | -€842 | -41.5% |
| Current assets | 29/58 | €7,416 | €11,445 | +€4,029 | +54.3% |
| Amounts receivable within one year | 40/41 | €3,824 | €7,156 | +€3,332 | +87.1% |
| Trade receivables | 40 | €1,191 | €1,156 | -€35 | -2.9% |
| Other amounts receivable | 41 | €2,633 | €6,000 | +€3,367 | +128% |
| Cash at bank and in hand | 54/58 | €2,453 | €3,549 | +€1,097 | +44.7% |
| Deferred charges and accrued income | 490/1 | €1,140 | €740 | -€400 | -35.1% |
| Total equity and liabilities | 10/49 | €13,424 | €17,611 | +€4,186 | +31.2% |
| Equity | 10/15 | -€16,927 | -€18,717 | -€1,789 | -10.6% |
| Contributions | 10/11 | €20,451 | €20,451 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€37,378 | -€39,168 | -€1,789 | -4.8% |
| Amounts payable | 17/49 | €30,351 | €36,327 | +€5,976 | +19.7% |
| Amounts payable after more than one year | 17 | €15,000 | €15,000 | = | 0.0% |
| Other amounts payable | 178/9 | €15,000 | €15,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €15,351 | €21,327 | +€5,976 | +38.9% |
| Trade debts | 44 | €1,640 | €1,197 | -€443 | -27.0% |
| Suppliers | 440/4 | €1,640 | €1,197 | -€443 | -27.0% |
| Taxes, remuneration and social security | 45 | €9,139 | €9,733 | +€594 | +6.5% |
| Taxes | 450/3 | €9,139 | €9,733 | +€594 | +6.5% |
| Other amounts payable | 47/48 | €4,572 | €10,397 | +€5,825 | +127% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Non-recurring operating income | 76A | €13,453 | €0 | -€13,453 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,880 | €2,251 | +€371 | +19.8% |
| Other operating charges | 640/8 | €633 | €452 | -€182 | -28.7% |
| Gross operating margin | 9900 | €2,353 | €934 | -€1,419 | -60.3% |
| Operating profit (loss) | 9901 | -€160 | -€1,769 | -€1,609 | -1,004% |
| Financial income | 75/76B | €4 | €29 | +€25 | +636% |
| Recurring financial income | 75 | €4 | €29 | +€25 | +636% |
| Financial charges | 65/66B | €159 | €50 | -€110 | -68.9% |
| Recurring financial charges | 65 | €159 | €50 | -€110 | -68.9% |
| Profit (loss) for the period before taxes | 9903 | -€316 | -€1,789 | -€1,474 | -467% |
| Income taxes | 67/77 | €12,344 | €0 | -€12,344 | -100% |
| Profit (loss) for the period | 9904 | -€12,660 | -€1,789 | +€10,871 | +85.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€12,660 | -€1,789 | +€10,871 | +85.9% |
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.