GARDEN ME: 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.
GARDEN ME
Largest movements
- Tangible fixed assets -€13,578
down €13,578 (-60.2%), from €22,574 to €8,996
of which Furniture and vehicles: -€11,040
- Cash -€9,572
down €9,572 (-28.0%), from €34,179 to €24,607
mainly Debts after one year (-€10,154) and Receivables within one year (-€5,618)
- Receivables within one year +€5,618
up €5,618 (+36.8%), from €15,270 to €20,888
of which Other amounts receivable: +€4,004
- Debts after one year -€10,154
down €10,154 (-56.4%), from €18,020 to €7,865
- Other debts -€3,936
down €3,936 (-100%), from €3,936 to €0
- Profit (loss) carried forward -€3,472
down €3,472 (-92.6%), from -€3,751 to -€7,222
- Trade debts -€1,272
down €1,272 (-39.6%), from €3,217 to €1,944
- Tax, wage and social debts +€862
up €862 (+7.4%), from €11,681 to €12,543
of which Taxes: +€862
- Gross operating margin -€27,967
down €27,967 (-67.8%), from €41,221 to €13,254
- Depreciation -€1,295
down €1,295 (-8.7%), from €14,874 to €13,578
- Other operating charges +€596
up €596 (+138%), from €431 to €1,027
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 | €73,146 | €55,541 | -€17,605 | -24.1% |
| Formation expenses | 20 | €0 | €0 | = | |
| Fixed assets | 21/28 | €22,574 | €8,996 | -€13,578 | -60.2% |
| Tangible fixed assets | 22/27 | €22,574 | €8,996 | -€13,578 | -60.2% |
| Plant, machinery and equipment | 23 | €3,889 | €1,351 | -€2,538 | -65.3% |
| Furniture and vehicles | 24 | €18,685 | €7,645 | -€11,040 | -59.1% |
| Current assets | 29/58 | €50,572 | €46,545 | -€4,027 | -8.0% |
| Amounts receivable within one year | 40/41 | €15,270 | €20,888 | +€5,618 | +36.8% |
| Trade receivables | 40 | €10,120 | €11,733 | +€1,614 | +15.9% |
| Other amounts receivable | 41 | €5,151 | €9,155 | +€4,004 | +77.7% |
| Cash at bank and in hand | 54/58 | €34,179 | €24,607 | -€9,572 | -28.0% |
| Deferred charges and accrued income | 490/1 | €1,122 | €1,050 | -€73 | -6.5% |
| Total equity and liabilities | 10/49 | €73,146 | €55,541 | -€17,605 | -24.1% |
| Equity | 10/15 | €26,506 | €23,034 | -€3,472 | -13.1% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €24,057 | €24,057 | = | 0.0% |
| Distributable reserves | 133 | €24,057 | €24,057 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€3,751 | -€7,222 | -€3,472 | -92.6% |
| Amounts payable | 17/49 | €46,640 | €32,507 | -€14,133 | -30.3% |
| Amounts payable after more than one year | 17 | €18,020 | €7,865 | -€10,154 | -56.4% |
| Financial debts | 170/4 | €18,020 | €7,865 | -€10,154 | -56.4% |
| Amounts payable within one year | 42/48 | €28,620 | €24,641 | -€3,979 | -13.9% |
| Current portion of amounts payable after more than one year | 42 | €9,787 | €10,154 | +€367 | +3.8% |
| Trade debts | 44 | €3,217 | €1,944 | -€1,272 | -39.6% |
| Suppliers | 440/4 | €3,217 | €1,944 | -€1,272 | -39.6% |
| Taxes, remuneration and social security | 45 | €11,681 | €12,543 | +€862 | +7.4% |
| Taxes | 450/3 | €8,641 | €9,503 | +€862 | +10.0% |
| Remuneration and social security | 454/9 | €3,040 | €3,040 | = | 0.0% |
| Other amounts payable | 47/48 | €3,936 | €0 | -€3,936 | -100% |
| Remuneration, social security and pensions | 62 | €0 | €0 | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,874 | €13,578 | -€1,295 | -8.7% |
| Other operating charges | 640/8 | €431 | €1,027 | +€596 | +138% |
| Non-recurring operating charges | 66A | - | €0 | = | |
| Gross operating margin | 9900 | €41,221 | €13,254 | -€27,967 | -67.8% |
| Operating profit (loss) | 9901 | €25,916 | -€1,352 | -€27,267 | |
| Financial income | 75/76B | - | €289 | +€289 | |
| Recurring financial income | 75 | - | €289 | +€289 | |
| Non-recurring financial income | 76B | - | €0 | = | |
| Financial charges | 65/66B | €1,724 | €1,492 | -€232 | -13.5% |
| Recurring financial charges | 65 | €1,724 | €1,492 | -€232 | -13.5% |
| Profit (loss) for the period before taxes | 9903 | €24,191 | -€2,556 | -€26,747 | |
| Income taxes | 67/77 | €849 | €916 | +€67 | +7.9% |
| Profit (loss) for the period | 9904 | €23,342 | -€3,472 | -€26,814 | |
| Profit (loss) for the period to be appropriated | 9905 | €23,342 | -€3,472 | -€26,814 |
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 29 October 2026 via checked.be.