EQUINOX GARDEN: what changed
What changed
EQUINOX GARDEN
NACE 81.300, Landscape service activities
filed annual accounts (NBB)
Net result for the year
€14,534
2024 · €27,334-€12,800
Equity
€181,423
2024 · €166,889+€14,534
Cash
€174,166
2024 · €151,691+€22,475
Balance sheet total
€218,047
2024 · €227,737-€9,690
Largest movements
Assets
- Tangible fixed assets -€23,860
down €23,860 (-43.2%), from €55,256 to €31,396
of which Furniture and vehicles: -€15,504
- Cash +€22,475
up €22,475 (+14.8%), from €151,691 to €174,166
mainly Depreciation (+€29,628) and Net result for the year (+€14,534)
- Receivables within one year -€8,558
down €8,558 (-66.8%), from €12,806 to €4,249
of which Trade receivables: -€10,226
Equity and liabilities
- Reserves +€14,534
up €14,534 (+58.0%), from €25,074 to €39,609
- Debts after one year -€13,342
down €13,342 (-86.4%), from €15,447 to €2,106
- Other debts -€12,989
down €12,989 (-98.4%), from €13,194 to €205
- Current portion of long-term debt +€2,845
up €2,845 (+56.6%), from €5,027 to €7,872
Income statement
- Gross operating margin -€23,534
down €23,534 (-9.8%), from €240,680 to €217,146
- Staff costs -€19,092
down €19,092 (-10.3%), from €185,241 to €166,149
- Depreciation +€10,452
up €10,452 (+54.5%), from €19,176 to €29,628
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.
Result 2024
€27,334
Gross operating margin
-€23,534
Staff costs
+€19,092
Depreciation
-€10,452
Write-downs
-€785
Other operating charges
-€56
Financial income
+€215
Financial charges
+€664
Taxes
+€2,055
Result 2025
€14,534
raises the resultlowers the result
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.
From operations
+€38,740
Investment
-€5,769
Financing
-€10,497
Cash 2024
€151,691
From operations (derived)
+€38,740
Net result for the year
+€14,534
Depreciation
+€29,628
Receivables within one year
+€8,558
Deferred charges and accrued income
-€252
Trade debts
-€139
Tax, wage and social debts
-€599
Other debts
-€12,989
Investment (derived)
-€5,769
Investment in fixed assets (net)
-€5,769
Financing
-€10,497
Debts after one year
-€13,342
Current portion of long-term debt
+€2,845
Cash 2025
€174,166
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €227,737 | €218,047 | -€9,690 | -4.3% |
| Fixed assets | 21/28 | €57,159 | €33,300 | -€23,860 | -41.7% |
| Tangible fixed assets | 22/27 | €55,256 | €31,396 | -€23,860 | -43.2% |
| Plant, machinery and equipment | 23 | €23,657 | €15,301 | -€8,356 | -35.3% |
| Furniture and vehicles | 24 | €31,599 | €16,095 | -€15,504 | -49.1% |
| Financial fixed assets | 28 | €1,904 | €1,904 | = | 0.0% |
| Current assets | 29/58 | €170,578 | €184,748 | +€14,170 | +8.3% |
| Amounts receivable within one year | 40/41 | €12,806 | €4,249 | -€8,558 | -66.8% |
| Trade receivables | 40 | €12,806 | €2,581 | -€10,226 | -79.8% |
| Other amounts receivable | 41 | - | €1,668 | +€1,668 | |
| Cash at bank and in hand | 54/58 | €151,691 | €174,166 | +€22,475 | +14.8% |
| Deferred charges and accrued income | 490/1 | €6,081 | €6,333 | +€252 | +4.1% |
| Total equity and liabilities | 10/49 | €227,737 | €218,047 | -€9,690 | -4.3% |
| Equity | 10/15 | €166,889 | €181,423 | +€14,534 | +8.7% |
| Contributions | 10/11 | €23,550 | €23,550 | = | 0.0% |
| Contributions outside capital | 11 | €23,550 | €23,550 | = | 0.0% |
| Other | 1109/19 | €23,550 | €23,550 | = | 0.0% |
| Reserves | 13 | €25,074 | €39,609 | +€14,534 | +58.0% |
| Non-distributable reserves | 130/1 | €25,074 | €39,609 | +€14,534 | +58.0% |
| Legal reserve | 130 | €22,719 | €37,254 | +€14,534 | +64.0% |
| Reserves not available under the articles | 1311 | €2,355 | €2,355 | = | 0.0% |
| Profit (loss) carried forward | 14 | €118,264 | €118,264 | = | 0.0% |
| Amounts payable | 17/49 | €60,849 | €36,625 | -€24,224 | -39.8% |
| Amounts payable after more than one year | 17 | €15,447 | €2,106 | -€13,342 | -86.4% |
| Financial debts | 170/4 | €15,447 | €2,106 | -€13,342 | -86.4% |
| Amounts payable within one year | 42/48 | €45,401 | €34,519 | -€10,882 | -24.0% |
| Current portion of amounts payable after more than one year | 42 | €5,027 | €7,872 | +€2,845 | +56.6% |
| Trade debts | 44 | €11,670 | €11,531 | -€139 | -1.2% |
| Suppliers | 440/4 | €11,670 | €11,531 | -€139 | -1.2% |
| Taxes, remuneration and social security | 45 | €15,510 | €14,911 | -€599 | -3.9% |
| Taxes | 450/3 | €3,066 | - | -€3,066 | |
| Remuneration and social security | 454/9 | €12,444 | €14,911 | +€2,467 | +19.8% |
| Other amounts payable | 47/48 | €13,194 | €205 | -€12,989 | -98.4% |
| Remuneration, social security and pensions | 62 | €185,241 | €166,149 | -€19,092 | -10.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €19,176 | €29,628 | +€10,452 | +54.5% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €785 | +€785 | |
| Other operating charges | 640/8 | €384 | €440 | +€56 | +14.5% |
| Gross operating margin | 9900 | €240,680 | €217,146 | -€23,534 | -9.8% |
| Operating profit (loss) | 9901 | €35,878 | €20,143 | -€15,735 | -43.9% |
| Financial income | 75/76B | €87 | €302 | +€215 | +247% |
| Recurring financial income | 75 | €87 | €302 | +€215 | +247% |
| Financial charges | 65/66B | €1,225 | €561 | -€664 | -54.2% |
| Recurring financial charges | 65 | €1,225 | €561 | -€664 | -54.2% |
| Profit (loss) for the period before taxes | 9903 | €34,740 | €19,885 | -€14,855 | -42.8% |
| Income taxes | 67/77 | €7,406 | €5,351 | -€2,055 | -27.7% |
| Profit (loss) for the period | 9904 | €27,334 | €14,534 | -€12,800 | -46.8% |
| Profit (loss) for the period to be appropriated | 9905 | €27,334 | €14,534 | -€12,800 | -46.8% |
Next steps
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 6 November 2026 via checked.be.