ERIC'S 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.
ERIC'S GARDEN
Largest movements
- Receivables within one year +€23,128
up €23,128 (+48.0%), from €48,232 to €71,360
of which Other amounts receivable: +€12,467
- Short-term financial debts +€14,971
up €14,971 (+294%), from €5,088 to €20,059
- Reserves +€14,005
up €14,005 (+12.6%), from €110,889 to €124,895
- Tax, wage and social debts -€12,520
down €12,520 (-21.7%), from €57,812 to €45,291
of which Remuneration and social security: -€13,578
- Debts after one year +€4,480
up €4,480 (+471%), from €951 to €5,430
- Gross operating margin +€41,470
up €41,470 (+11.0%), from €378,698 to €420,168
- Staff costs +€38,302
up €38,302 (+12.6%), from €304,989 to €343,290
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 | €251,765 | €277,178 | +€25,413 | +10.1% |
| Fixed assets | 21/28 | €32,945 | €35,357 | +€2,412 | +7.3% |
| Intangible fixed assets | 21 | €0 | - | = | |
| Tangible fixed assets | 22/27 | €32,695 | €35,107 | +€2,412 | +7.4% |
| Plant, machinery and equipment | 23 | €29,764 | €33,211 | +€3,447 | +11.6% |
| Furniture and vehicles | 24 | €2,931 | €1,895 | -€1,035 | -35.3% |
| Other tangible fixed assets | 26 | €0 | - | = | |
| Financial fixed assets | 28 | €250 | €250 | = | 0.0% |
| Current assets | 29/58 | €218,820 | €241,822 | +€23,002 | +10.5% |
| Amounts receivable within one year | 40/41 | €48,232 | €71,360 | +€23,128 | +48.0% |
| Trade receivables | 40 | €41,058 | €51,719 | +€10,661 | +26.0% |
| Other amounts receivable | 41 | €7,174 | €19,641 | +€12,467 | +174% |
| Cash at bank and in hand | 54/58 | €170,588 | €170,461 | -€126 | -0.1% |
| Total equity and liabilities | 10/49 | €251,765 | €277,178 | +€25,413 | +10.1% |
| Equity | 10/15 | €118,949 | €132,955 | +€14,005 | +11.8% |
| Contributions | 10/11 | €8,060 | €8,060 | = | 0.0% |
| Reserves | 13 | €110,889 | €124,895 | +€14,005 | +12.6% |
| Distributable reserves | 133 | €110,889 | €124,895 | +€14,005 | +12.6% |
| Amounts payable | 17/49 | €132,815 | €144,224 | +€11,408 | +8.6% |
| Amounts payable after more than one year | 17 | €951 | €5,430 | +€4,480 | +471% |
| Financial debts | 170/4 | €951 | €5,430 | +€4,480 | +471% |
| Amounts payable within one year | 42/48 | €131,865 | €138,793 | +€6,929 | +5.3% |
| Current portion of amounts payable after more than one year | 42 | €2,829 | €4,842 | +€2,012 | +71.1% |
| Financial debts | 43 | €5,088 | €20,059 | +€14,971 | +294% |
| Credit institutions | 430/8 | €5,088 | €20,059 | +€14,971 | +294% |
| Trade debts | 44 | €31,136 | €33,802 | +€2,666 | +8.6% |
| Suppliers | 440/4 | €31,136 | €33,802 | +€2,666 | +8.6% |
| Taxes, remuneration and social security | 45 | €57,812 | €45,291 | -€12,520 | -21.7% |
| Taxes | 450/3 | €27,337 | €28,395 | +€1,058 | +3.9% |
| Remuneration and social security | 454/9 | €30,475 | €16,896 | -€13,578 | -44.6% |
| Other amounts payable | 47/48 | €35,000 | €34,800 | -€200 | -0.6% |
| Remuneration, social security and pensions | 62 | €304,989 | €343,290 | +€38,302 | +12.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,010 | €11,321 | -€689 | -5.7% |
| Other operating charges | 640/8 | €1,136 | €981 | -€155 | -13.6% |
| Gross operating margin | 9900 | €378,698 | €420,168 | +€41,470 | +11.0% |
| Operating profit (loss) | 9901 | €60,563 | €64,575 | +€4,012 | +6.6% |
| Financial income | 75/76B | €617 | €673 | +€57 | +9.2% |
| Recurring financial income | 75 | €617 | €673 | +€57 | +9.2% |
| Financial charges | 65/66B | €3,079 | €2,489 | -€590 | -19.2% |
| Recurring financial charges | 65 | €3,079 | €2,489 | -€590 | -19.2% |
| Profit (loss) for the period before taxes | 9903 | €58,101 | €62,759 | +€4,659 | +8.0% |
| Income taxes | 67/77 | €11,546 | €13,754 | +€2,208 | +19.1% |
| Profit (loss) for the period | 9904 | €46,555 | €49,005 | +€2,450 | +5.3% |
| Profit (loss) for the period to be appropriated | 9905 | €46,555 | €49,005 | +€2,450 | +5.3% |
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 26 October 2026 via checked.be.