GARDEN: what changed
Two fiscal 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.
GARDEN
Largest movements
- Cash +€14,294
up €14,294 (+319.8%), from €4,469 to €18,763
mainly Receivables within one year (+€8,369) and Net result for the year (+€8,308)
- Receivables within one year -€8,369
down €8,369 (-76.2%), from €10,977 to €2,609
of which Other amounts receivable: -€8,369
- Stocks and contracts -€6,355
down €6,355 (-65.7%), from €9,669 to €3,314
- Tangible fixed assets -€408
no longer reported in 2024 (was €408)
- Deferred charges and accrued income -€327
no longer reported in 2024 (was €327)
- Profit (loss) carried forward +€8,308
up €8,308, from -€5,463 to €2,845
- Trade debts -€6,688
no longer reported in 2024 (was €6,688)
- Tax, wage and social debts -€2,785
no longer reported in 2024 (was €2,785)
- Gross operating margin +€7,188
up €7,188 (+149.1%), from €4,821 to €12,009
- Other operating charges +€1,109
up €1,109 (+56.6%), from €1,959 to €3,068
- Financial charges -€465
down €465 (-67.4%), from €689 to €224
- Depreciation -€204
down €204 (-33.3%), from €612 to €408
- Taxes -€155
no longer reported in 2024 (was €155)
From the 2023 result to the 2024 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.
Cash bridge derived
Derived from the 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €31,850 | €30,685 | -€1,165 | -3.7% |
| Fixed assets | 21/28 | €6,408 | €6,000 | -€408 | -6.4% |
| Tangible fixed assets | 22/27 | €408 | - | -€408 | |
| Plant, machinery and equipment | 23 | €408 | - | -€408 | |
| Financial fixed assets | 28 | €6,000 | €6,000 | = | 0.0% |
| Current assets | 29/58 | €25,442 | €24,685 | -€757 | -3.0% |
| Stocks and contracts in progress | 3 | €9,669 | €3,314 | -€6,355 | -65.7% |
| Stocks | 30/36 | €9,669 | €3,314 | -€6,355 | -65.7% |
| Amounts receivable within one year | 40/41 | €10,977 | €2,609 | -€8,369 | -76.2% |
| Trade receivables | 40 | €1,500 | €1,500 | = | 0.0% |
| Other amounts receivable | 41 | €9,477 | €1,109 | -€8,369 | -88.3% |
| Cash at bank and in hand | 54/58 | €4,469 | €18,763 | +€14,294 | +319.8% |
| Deferred charges and accrued income | 490/1 | €327 | - | -€327 | |
| Total equity and liabilities | 10/49 | €31,850 | €30,685 | -€1,165 | -3.7% |
| Equity | 10/15 | €22,377 | €30,685 | +€8,308 | +37.1% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Outside capital | 11 | - | €18,592 | +€18,592 | |
| Other | 1109/19 | - | €18,592 | +€18,592 | |
| Reserves | 13 | €9,248 | €9,248 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,884 | - | -€1,884 | |
| Reserves not available under the articles | 1311 | €1,884 | - | -€1,884 | |
| Distributable reserves | 133 | €7,365 | €9,248 | +€1,884 | +25.6% |
| Profit (loss) carried forward | 14 | -€5,463 | €2,845 | +€8,308 | |
| Amounts payable | 17/49 | €9,473 | - | -€9,473 | |
| Amounts payable within one year | 42/48 | €9,473 | - | -€9,473 | |
| Trade debts | 44 | €6,688 | - | -€6,688 | |
| Suppliers | 440/4 | €6,688 | - | -€6,688 | |
| Taxes, remuneration and social security | 45 | €2,785 | - | -€2,785 | |
| Taxes | 450/3 | €2,785 | - | -€2,785 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €612 | €408 | -€204 | -33.3% |
| Other operating charges | 640/8 | €1,959 | €3,068 | +€1,109 | +56.6% |
| Gross operating margin | 9900 | €4,821 | €12,009 | +€7,188 | +149.1% |
| Operating profit (loss) | 9901 | €2,249 | €8,533 | +€6,283 | +279.3% |
| Financial charges | 65/66B | €689 | €224 | -€465 | -67.4% |
| Recurring financial charges | 65 | €689 | €224 | -€465 | -67.4% |
| Profit (loss) for the period before taxes | 9903 | €1,561 | €8,308 | +€6,748 | +432.4% |
| Income taxes | 67/77 | €155 | - | -€155 | |
| Profit (loss) for the period | 9904 | €1,405 | €8,308 | +€6,903 | +491.3% |
| Profit (loss) for the period to be appropriated | 9905 | €1,405 | €8,308 | +€6,903 | +491.3% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.