CYCLO GARDENS: 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.
CYCLO GARDENS
Largest movements
- Receivables within one year -€39,245
down €39,245 (-82.3%), from €47,693 to €8,448
of which Trade receivables: -€23,785
- Tangible fixed assets +€19,487
up €19,487 (+50.5%), from €38,574 to €58,061
of which Furniture and vehicles: +€14,443
- Other debts +€38,933
up €38,933 (+44.9%), from €86,693 to €125,625
- Profit (loss) carried forward -€38,854
down €38,854 (-102%), from -€38,263 to -€77,117
- Trade debts -€15,700
down €15,700 (-92.2%), from €17,022 to €1,322
of which Bills of exchange payable: -€8,980
- Tax, wage and social debts -€4,727
down €4,727 (-84.9%), from €5,567 to €840
of which Remuneration and social security: -€5,274
- Gross operating margin -€14,684
down €14,684 (-49.8%), from €29,484 to €14,800
- Depreciation +€10,547
up €10,547 (+246%), from €4,293 to €14,840
- Other operating charges +€914
up €914 (+103%), from €885 to €1,799
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 | €89,619 | €69,270 | -€20,349 | -22.7% |
| Fixed assets | 21/28 | €38,574 | €58,061 | +€19,487 | +50.5% |
| Tangible fixed assets | 22/27 | €38,574 | €58,061 | +€19,487 | +50.5% |
| Plant, machinery and equipment | 23 | €1,509 | €6,553 | +€5,044 | +334% |
| Furniture and vehicles | 24 | €37,065 | €51,508 | +€14,443 | +39.0% |
| Current assets | 29/58 | €51,045 | €11,209 | -€39,836 | -78.0% |
| Amounts receivable within one year | 40/41 | €47,693 | €8,448 | -€39,245 | -82.3% |
| Trade receivables | 40 | €32,233 | €8,448 | -€23,785 | -73.8% |
| Other amounts receivable | 41 | €15,460 | - | -€15,460 | |
| Cash at bank and in hand | 54/58 | €3,352 | €2,761 | -€591 | -17.6% |
| Total equity and liabilities | 10/49 | €89,619 | €69,270 | -€20,349 | -22.7% |
| Equity | 10/15 | -€19,663 | -€58,517 | -€38,854 | -198% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€38,263 | -€77,117 | -€38,854 | -102% |
| Amounts payable | 17/49 | €109,282 | €127,787 | +€18,505 | +16.9% |
| Amounts payable within one year | 42/48 | €109,282 | €127,787 | +€18,505 | +16.9% |
| Trade debts | 44 | €17,022 | €1,322 | -€15,700 | -92.2% |
| Suppliers | 440/4 | €8,042 | €1,322 | -€6,720 | -83.6% |
| Bills of exchange payable | 441 | €8,980 | - | -€8,980 | |
| Taxes, remuneration and social security | 45 | €5,567 | €840 | -€4,727 | -84.9% |
| Taxes | 450/3 | €132 | €679 | +€547 | +415% |
| Remuneration and social security | 454/9 | €5,435 | €161 | -€5,274 | -97.0% |
| Other amounts payable | 47/48 | €86,693 | €125,625 | +€38,933 | +44.9% |
| Remuneration, social security and pensions | 62 | €36,892 | €36,792 | -€100 | -0.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,293 | €14,840 | +€10,547 | +246% |
| Other operating charges | 640/8 | €885 | €1,799 | +€914 | +103% |
| Gross operating margin | 9900 | €29,484 | €14,800 | -€14,684 | -49.8% |
| Operating profit (loss) | 9901 | -€12,587 | -€38,632 | -€26,045 | -207% |
| Financial income | 75/76B | €28 | - | -€28 | |
| Recurring financial income | 75 | €28 | - | -€28 | |
| Financial charges | 65/66B | €170 | €223 | +€53 | +31.0% |
| Recurring financial charges | 65 | €170 | €223 | +€53 | +31.0% |
| Profit (loss) for the period before taxes | 9903 | -€12,728 | -€38,854 | -€26,126 | -205% |
| Profit (loss) for the period | 9904 | -€12,728 | -€38,854 | -€26,126 | -205% |
| Profit (loss) for the period to be appropriated | 9905 | -€12,728 | -€38,854 | -€26,126 | -205% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 October 2026 via checked.be.