ESPACE JARDIN: 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.
ESPACE JARDIN
Largest movements
- Receivables within one year -€90,995
down €90,995 (-53.8%), from €169,205 to €78,210
of which Other amounts receivable: -€68,963
- Tangible fixed assets -€59,615
down €59,615 (-65.9%), from €90,396 to €30,780
of which Plant, machinery and equipment: -€45,055
- Cash +€7,133
up €7,133 (+77.6%), from €9,186 to €16,319
- Trade debts -€112,502
down €112,502 (-64.8%), from €173,704 to €61,202
- Profit (loss) carried forward -€47,865
down €47,865 (-76.1%), from -€62,883 to -€110,748
- Tax, wage and social debts +€17,614
up €17,614 (+31.4%), from €56,168 to €73,783
of which Remuneration and social security: +€10,473
- Debts after one year -€15,801
down €15,801 (-27.4%), from €57,595 to €41,794
- Advances received +€15,000
new in 2025: €15,000
- Gross operating margin +€61,762
up €61,762 (+34.6%), from €178,275 to €240,037
- Staff costs +€34,955
up €34,955 (+16.4%), from €212,568 to €247,523
- Other operating charges +€11,076
up €11,076 (+415%), from €2,667 to €13,743
- Financial charges +€4,366
up €4,366 (+80.0%), from €5,455 to €9,821
- Depreciation -€3,409
down €3,409 (-16.7%), from €20,361 to €16,952
From the 2023 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
A cash bridge needs two consecutive financial years: one year's result and depreciation cannot explain a change over several years. Pick two years that follow each other.
Every line side by side
| Line | Code | 2023 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €290,856 | €147,017 | -€143,839 | -49.5% |
| Fixed assets | 21/28 | €92,095 | €32,479 | -€59,615 | -64.7% |
| Tangible fixed assets | 22/27 | €90,396 | €30,780 | -€59,615 | -65.9% |
| Plant, machinery and equipment | 23 | €51,851 | €6,796 | -€45,055 | -86.9% |
| Furniture and vehicles | 24 | €29,407 | €18,649 | -€10,758 | -36.6% |
| Other tangible fixed assets | 26 | €9,138 | €5,335 | -€3,803 | -41.6% |
| Financial fixed assets | 28 | €1,699 | €1,699 | = | 0.0% |
| Current assets | 29/58 | €198,761 | €114,537 | -€84,224 | -42.4% |
| Stocks and contracts in progress | 3 | €19,922 | €19,922 | = | 0.0% |
| Stocks | 30/36 | €19,922 | €19,922 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €169,205 | €78,210 | -€90,995 | -53.8% |
| Trade receivables | 40 | €90,951 | €68,919 | -€22,032 | -24.2% |
| Other amounts receivable | 41 | €78,254 | €9,291 | -€68,963 | -88.1% |
| Cash at bank and in hand | 54/58 | €9,186 | €16,319 | +€7,133 | +77.6% |
| Deferred charges and accrued income | 490/1 | €449 | €87 | -€362 | -80.7% |
| Total equity and liabilities | 10/49 | €290,856 | €147,017 | -€143,839 | -49.5% |
| Equity | 10/15 | -€23,467 | -€71,332 | -€47,865 | -204% |
| Contributions | 10/11 | €24,789 | €24,789 | = | 0.0% |
| Reserves | 13 | €14,627 | €14,627 | = | 0.0% |
| Tax-exempt reserves | 132 | €6,827 | €6,827 | = | 0.0% |
| Distributable reserves | 133 | €7,800 | €7,800 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€62,883 | -€110,748 | -€47,865 | -76.1% |
| Amounts payable | 17/49 | €314,323 | €218,349 | -€95,974 | -30.5% |
| Amounts payable after more than one year | 17 | €57,595 | €41,794 | -€15,801 | -27.4% |
| Financial debts | 170/4 | €57,595 | €41,794 | -€15,801 | -27.4% |
| Amounts payable within one year | 42/48 | €256,728 | €176,555 | -€80,173 | -31.2% |
| Current portion of amounts payable after more than one year | 42 | €20,392 | €21,834 | +€1,442 | +7.1% |
| Trade debts | 44 | €173,704 | €61,202 | -€112,502 | -64.8% |
| Suppliers | 440/4 | €173,704 | €61,202 | -€112,502 | -64.8% |
| Advances received on contracts in progress | 46 | - | €15,000 | +€15,000 | |
| Taxes, remuneration and social security | 45 | €56,168 | €73,783 | +€17,614 | +31.4% |
| Taxes | 450/3 | €921 | €8,062 | +€7,141 | +776% |
| Remuneration and social security | 454/9 | €55,248 | €65,721 | +€10,473 | +19.0% |
| Other amounts payable | 47/48 | €6,463 | €4,736 | -€1,728 | -26.7% |
| Remuneration, social security and pensions | 62 | €212,568 | €247,523 | +€34,955 | +16.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €20,361 | €16,952 | -€3,409 | -16.7% |
| Other operating charges | 640/8 | €2,667 | €13,743 | +€11,076 | +415% |
| Gross operating margin | 9900 | €178,275 | €240,037 | +€61,762 | +34.6% |
| Operating profit (loss) | 9901 | -€57,321 | -€38,181 | +€19,141 | +33.4% |
| Financial income | 75/76B | €7 | €291 | +€284 | +4,167% |
| Recurring financial income | 75 | €7 | €291 | +€284 | +4,167% |
| Financial charges | 65/66B | €5,455 | €9,821 | +€4,366 | +80.0% |
| Recurring financial charges | 65 | €5,455 | €9,821 | +€4,366 | +80.0% |
| Profit (loss) for the period before taxes | 9903 | -€62,770 | -€47,711 | +€15,059 | +24.0% |
| Income taxes | 67/77 | €117 | €154 | +€37 | +31.7% |
| Profit (loss) for the period | 9904 | -€62,887 | -€47,865 | +€15,021 | +23.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€62,887 | -€47,865 | +€15,021 | +23.9% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 23 October 2026 via checked.be.