Belgojardins: what changed
What changed
Belgojardins
NACE 81.300, Landscape service activities
filed annual accounts (NBB)
Net result for the year
€40,927
2025 · €29,681+€11,246
Equity
€291,498
2025 · €250,571+€40,927
Cash
€120,623
2025 · €63,753+€56,870
Balance sheet total
€362,196
2025 · €321,667+€40,529
Largest movements
Assets
- Cash +€56,870
up €56,870 (+89.2%), from €63,753 to €120,623
mainly Net result for the year (+€40,927) and Depreciation (+€11,037)
- Receivables within one year -€7,955
down €7,955 (-4.7%), from €168,374 to €160,419
of which Other amounts receivable: -€8,887
- Tangible fixed assets -€6,136
down €6,136 (-8.0%), from €76,468 to €70,332
of which Land and buildings: -€9,647
Equity and liabilities
- Reserves +€30,000
up €30,000 (+62.3%), from €48,170 to €78,170
of which Distributable reserves: +€30,000
- Profit (loss) carried forward +€10,927
up €10,927 (+5.4%), from €202,401 to €213,328
Income statement
- Gross operating margin +€6,261
up €6,261 (+10.6%), from €58,875 to €65,136
- Taxes -€5,336
down €5,336 (-32.8%), from €16,290 to €10,954
Change in the result, 2025 to 2026
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2025
€29,681
Gross operating margin
+€6,261
Depreciation
+€207
Other operating charges
-€478
Financial income
-€78
Financial charges
-€2
Taxes
+€5,336
Result 2026
€40,927
raises the resultlowers the result
Derived cash bridge
The bridge is derived from the 2025 and 2026 balance sheets and the 2026 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€57,230
Investment
-€2,651
Financing
+€2,291
Cash 2025
€63,753
From operations (derived)
+€57,230
Net result for the year
+€40,927
Depreciation
+€11,037
Receivables within one year
+€7,955
Trade debts
-€1,289
Tax, wage and social debts
-€1,400
Investment (derived)
-€2,651
Investment in fixed assets (net)
-€2,651
Financing
+€2,291
Debts after one year
+€2,291
Cash 2026
€120,623
brings cash intakes cash out
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €321,667 | €362,196 | +€40,529 | +12.6% |
| Fixed assets | 21/28 | €79,540 | €71,154 | -€8,386 | -10.5% |
| Tangible fixed assets | 22/27 | €76,468 | €70,332 | -€6,136 | -8.0% |
| Land and buildings | 22 | €75,444 | €65,797 | -€9,647 | -12.8% |
| Plant, machinery and equipment | 23 | - | €3,920 | +€3,920 | |
| Furniture and vehicles | 24 | €1,024 | €615 | -€409 | -39.9% |
| Financial fixed assets | 28 | €3,072 | €822 | -€2,250 | -73.2% |
| Current assets | 29/58 | €242,127 | €291,042 | +€48,915 | +20.2% |
| Amounts receivable after more than one year | 29 | €10,000 | €10,000 | = | 0.0% |
| Other amounts receivable | 291 | €10,000 | €10,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €168,374 | €160,419 | -€7,955 | -4.7% |
| Trade receivables | 40 | €130,338 | €131,270 | +€932 | +0.7% |
| Other amounts receivable | 41 | €38,036 | €29,149 | -€8,887 | -23.4% |
| Cash at bank and in hand | 54/58 | €63,753 | €120,623 | +€56,870 | +89.2% |
| Total equity and liabilities | 10/49 | €321,667 | €362,196 | +€40,529 | +12.6% |
| Equity | 10/15 | €250,571 | €291,498 | +€40,927 | +16.3% |
| Reserves | 13 | €48,170 | €78,170 | +€30,000 | +62.3% |
| Non-distributable reserves | 130/1 | €24,170 | €24,170 | = | 0.0% |
| Reserves not available under the articles | 1311 | €24,170 | €24,170 | = | 0.0% |
| Distributable reserves | 133 | €24,000 | €54,000 | +€30,000 | +125% |
| Profit (loss) carried forward | 14 | €202,401 | €213,328 | +€10,927 | +5.4% |
| Amounts payable | 17/49 | €71,096 | €70,698 | -€398 | -0.6% |
| Amounts payable after more than one year | 17 | €2,214 | €4,505 | +€2,291 | +103% |
| Other amounts payable | 178/9 | €2,214 | €4,505 | +€2,291 | +103% |
| Amounts payable within one year | 42/48 | €68,882 | €66,193 | -€2,689 | -3.9% |
| Trade debts | 44 | €66,482 | €65,193 | -€1,289 | -1.9% |
| Suppliers | 440/4 | €66,482 | €65,193 | -€1,289 | -1.9% |
| Taxes, remuneration and social security | 45 | €2,400 | €1,000 | -€1,400 | -58.3% |
| Taxes | 450/3 | €2,400 | €1,000 | -€1,400 | -58.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,244 | €11,037 | -€207 | -1.8% |
| Other operating charges | 640/8 | €3,154 | €3,632 | +€478 | +15.2% |
| Gross operating margin | 9900 | €58,875 | €65,136 | +€6,261 | +10.6% |
| Operating profit (loss) | 9901 | €44,477 | €50,467 | +€5,990 | +13.5% |
| Financial income | 75/76B | €2,018 | €1,940 | -€78 | -3.9% |
| Recurring financial income | 75 | €2,018 | €1,940 | -€78 | -3.9% |
| Financial charges | 65/66B | €524 | €526 | +€2 | +0.4% |
| Recurring financial charges | 65 | €524 | €526 | +€2 | +0.4% |
| Profit (loss) for the period before taxes | 9903 | €45,971 | €51,881 | +€5,910 | +12.9% |
| Income taxes | 67/77 | €16,290 | €10,954 | -€5,336 | -32.8% |
| Profit (loss) for the period | 9904 | €29,681 | €40,927 | +€11,246 | +37.9% |
| Profit (loss) for the period to be appropriated | 9905 | €29,681 | €40,927 | +€11,246 | +37.9% |
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 March 2025 and 31 March 2026. Green is a favourable move for that line, red an unfavourable one. Prepared on 7 November 2026 via checked.be.