Garden'n'Forest: 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'n'Forest
Largest movements
- Tangible fixed assets +€8,944
up €8,944 (+43.5%), from €20,564 to €29,508
of which Furniture and vehicles: +€9,131
- Cash -€6,257
down €6,257 (-82.9%), from €7,548 to €1,291
mainly Investment in fixed assets (net) (-€15,098) and Receivables within one year (-€3,750)
- Receivables within one year +€3,750
up €3,750 (+65.1%), from €5,760 to €9,510
of which Other amounts receivable: +€2,893
- Deferred charges and accrued income +€1,052
up €1,052 (+72.0%), from €1,461 to €2,512
- Other debts +€9,998
up €9,998 (+97.5%), from €10,257 to €20,254
- Profit (loss) carried forward -€3,704
down €3,704 (-27.6%), from €13,409 to €9,705
- Trade debts +€1,195
up €1,195 (+130%), from €917 to €2,112
- Gross operating margin -€9,781
down €9,781 (-67.8%), from €14,434 to €4,653
- Taxes -€2,634
no longer reported in 2025 (was €2,634)
- Staff costs -€943
down €943 (-41.3%), from €2,284 to €1,341
- Financial charges -€272
down €272 (-64.5%), from €422 to €150
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 | €35,333 | €42,821 | +€7,489 | +21.2% |
| Fixed assets | 21/28 | €20,564 | €29,508 | +€8,944 | +43.5% |
| Tangible fixed assets | 22/27 | €20,564 | €29,508 | +€8,944 | +43.5% |
| Plant, machinery and equipment | 23 | €1,967 | €1,780 | -€187 | -9.5% |
| Furniture and vehicles | 24 | €18,596 | €27,728 | +€9,131 | +49.1% |
| Current assets | 29/58 | €14,769 | €13,313 | -€1,456 | -9.9% |
| Amounts receivable within one year | 40/41 | €5,760 | €9,510 | +€3,750 | +65.1% |
| Trade receivables | 40 | €5,163 | €6,019 | +€857 | +16.6% |
| Other amounts receivable | 41 | €597 | €3,491 | +€2,893 | +484% |
| Cash at bank and in hand | 54/58 | €7,548 | €1,291 | -€6,257 | -82.9% |
| Deferred charges and accrued income | 490/1 | €1,461 | €2,512 | +€1,052 | +72.0% |
| Total equity and liabilities | 10/49 | €35,333 | €42,821 | +€7,489 | +21.2% |
| Equity | 10/15 | €23,409 | €19,705 | -€3,704 | -15.8% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €13,409 | €9,705 | -€3,704 | -27.6% |
| Amounts payable | 17/49 | €11,924 | €23,116 | +€11,192 | +93.9% |
| Amounts payable within one year | 42/48 | €11,924 | €23,116 | +€11,192 | +93.9% |
| Trade debts | 44 | €917 | €2,112 | +€1,195 | +130% |
| Suppliers | 440/4 | €917 | €2,112 | +€1,195 | +130% |
| Taxes, remuneration and social security | 45 | €750 | €750 | = | 0.0% |
| Taxes | 450/3 | €750 | €750 | = | 0.0% |
| Other amounts payable | 47/48 | €10,257 | €20,254 | +€9,998 | +97.5% |
| Remuneration, social security and pensions | 62 | €2,284 | €1,341 | -€943 | -41.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,154 | €6,154 | = | 0.0% |
| Other operating charges | 640/8 | €695 | €712 | +€17 | +2.5% |
| Gross operating margin | 9900 | €14,434 | €4,653 | -€9,781 | -67.8% |
| Operating profit (loss) | 9901 | €5,301 | -€3,554 | -€8,855 | |
| Financial income | 75/76B | €4 | - | -€4 | |
| Recurring financial income | 75 | €4 | - | -€4 | |
| Financial charges | 65/66B | €422 | €150 | -€272 | -64.5% |
| Recurring financial charges | 65 | €422 | €150 | -€272 | -64.5% |
| Profit (loss) for the period before taxes | 9903 | €4,883 | -€3,704 | -€8,587 | |
| Income taxes | 67/77 | €2,634 | - | -€2,634 | |
| Profit (loss) for the period | 9904 | €2,249 | -€3,704 | -€5,952 | |
| Profit (loss) for the period to be appropriated | 9905 | €2,249 | -€3,704 | -€5,952 |
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 28 October 2026 via checked.be.