GARDEN & POOL: 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.
What changed
GARDEN & POOL
NACE 32.300, Other manufacturing
financial year 2024 compared with 2023filed annual accounts (NBB)
Net result for the year
-€961
2023 · €16,132-€17,093
Equity
€868,886
2023 · €869,847-€961
Cash
€66,940
2023 · €44,248+€22,693
Balance sheet total
€4.0m
2023 · €4.2m-€277,231
Largest movements
Assets
- Tangible fixed assets -€194,255
down €194,255 (-11.1%), from €1.7m to €1.5m
of which Land and buildings: -€115,330
- Receivables within one year -€92,874
down €92,874 (-11.1%), from €836,838 to €743,964
of which Trade receivables: -€136,173
Equity and liabilities
- Debts after one year -€274,714
down €274,714 (-18.7%), from €1.5m to €1.2m
- Trade debts -€247,322
down €247,322 (-38.8%), from €636,804 to €389,482
- Short-term financial debts +€143,248
up €143,248 (+60.5%), from €236,752 to €380,000
- Other debts +€61,116
up €61,116 (+31.0%), from €197,153 to €258,270
- Tax, wage and social debts +€48,086
up €48,086 (+69.5%), from €69,139 to €117,225
of which Taxes: +€59,066
Income statement
- Purchases and services +€517,754
up €517,754 (+43.7%), from €1.2m to €1.7m
- Turnover +€424,586
up €424,586 (+21.8%), from €1.9m to €2.4m
- Gross operating margin -€96,064
down €96,064 (-11.9%), from €809,514 to €713,450
- Other operating charges -€80,323
down €80,323 (-50.7%), from €158,570 to €78,247
- Staff costs +€43,575
up €43,575 (+17.1%), from €254,151 to €297,726
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.
Result 2023
€16,132
Gross operating margin
-€96,064
Staff costs
-€43,575
Depreciation
+€897
Provisions
+€11,591
Other operating charges
+€80,323
Financial income
+€795
Financial charges
-€8,531
Taxes
+€37,471
Result 2024
-€961
raises the resultlowers the result
Derived cash bridge
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.
From operations
+€206,278
Investment
-€57,026
Financing
-€126,559
Cash 2023
€44,248
From operations (derived)
+€206,278
Net result for the year
-€961
Depreciation
+€251,281
Stocks and contracts
+€5,214
Receivables within one year
+€92,874
Deferred charges and accrued income
+€7,581
Provisions
-€11,591
Trade debts
-€247,322
Tax, wage and social debts
+€48,086
Other debts
+€61,116
Investment (derived)
-€57,026
Investment in fixed assets (net)
-€57,026
Financing
-€126,559
Debts after one year
-€274,714
Current portion of long-term debt
+€4,907
Short-term financial debts
+€143,248
Cash 2024
€66,940
brings cash intakes cash out
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €4,236,353 | €3,959,122 | -€277,231 | -6.5% |
| Fixed assets | 21/28 | €2,238,050 | €2,043,795 | -€194,255 | -8.7% |
| Tangible fixed assets | 22/27 | €1,743,127 | €1,548,872 | -€194,255 | -11.1% |
| Land and buildings | 22 | €1,048,140 | €932,811 | -€115,330 | -11.0% |
| Plant, machinery and equipment | 23 | €126,245 | €132,759 | +€6,514 | +5.2% |
| Furniture and vehicles | 24 | €16,002 | €7,529 | -€8,472 | -52.9% |
| Leasing and similar rights | 25 | €549,003 | €473,904 | -€75,099 | -13.7% |
| Other tangible fixed assets | 26 | €3,737 | €1,868 | -€1,868 | -50.0% |
| Financial fixed assets | 28 | €494,923 | €494,923 | = | 0.0% |
| Current assets | 29/58 | €1,998,303 | €1,915,327 | -€82,976 | -4.2% |
| Stocks and contracts in progress | 3 | €1,089,415 | €1,084,201 | -€5,214 | -0.5% |
| Stocks | 30/36 | €1,089,415 | €1,084,201 | -€5,214 | -0.5% |
| Amounts receivable within one year | 40/41 | €836,838 | €743,964 | -€92,874 | -11.1% |
| Trade receivables | 40 | €616,513 | €480,340 | -€136,173 | -22.1% |
| Other amounts receivable | 41 | €220,325 | €263,624 | +€43,299 | +19.7% |
| Cash at bank and in hand | 54/58 | €44,248 | €66,940 | +€22,693 | +51.3% |
| Deferred charges and accrued income | 490/1 | €27,803 | €20,222 | -€7,581 | -27.3% |
| Total equity and liabilities | 10/49 | €4,236,353 | €3,959,122 | -€277,231 | -6.5% |
| Equity | 10/15 | €869,847 | €868,886 | -€961 | -0.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €181,860 | €181,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €180,000 | €180,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €669,387 | €668,426 | -€961 | -0.1% |
| Provisions and deferred taxes | 16 | €499,225 | €487,635 | -€11,591 | -2.3% |
| Provisions for liabilities and charges | 160/5 | €499,225 | €487,635 | -€11,591 | -2.3% |
| Environmental obligations | 163 | €499,225 | €487,635 | -€11,591 | -2.3% |
| Amounts payable | 17/49 | €2,867,280 | €2,602,601 | -€264,679 | -9.2% |
| Amounts payable after more than one year | 17 | €1,469,712 | €1,194,998 | -€274,714 | -18.7% |
| Financial debts | 170/4 | €1,469,712 | €1,194,998 | -€274,714 | -18.7% |
| Amounts payable within one year | 42/48 | €1,397,568 | €1,407,603 | +€10,035 | +0.7% |
| Current portion of amounts payable after more than one year | 42 | €257,719 | €262,626 | +€4,907 | +1.9% |
| Financial debts | 43 | €236,752 | €380,000 | +€143,248 | +60.5% |
| Credit institutions | 430/8 | €236,752 | €380,000 | +€143,248 | +60.5% |
| Trade debts | 44 | €636,804 | €389,482 | -€247,322 | -38.8% |
| Suppliers | 440/4 | €636,804 | €389,482 | -€247,322 | -38.8% |
| Taxes, remuneration and social security | 45 | €69,139 | €117,225 | +€48,086 | +69.5% |
| Taxes | 450/3 | €34,287 | €93,353 | +€59,066 | +172% |
| Remuneration and social security | 454/9 | €34,852 | €23,872 | -€10,980 | -31.5% |
| Other amounts payable | 47/48 | €197,153 | €258,270 | +€61,116 | +31.0% |
| Turnover | 70 | €1,947,372 | €2,371,958 | +€424,586 | +21.8% |
| Non-recurring operating income | 76A | €0 | €0 | = | |
| Goods, raw materials, services and sundry goods | 60/61 | €1,183,928 | €1,701,683 | +€517,754 | +43.7% |
| Remuneration, social security and pensions | 62 | €254,151 | €297,726 | +€43,575 | +17.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €252,179 | €251,281 | -€897 | -0.4% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | - | -€11,591 | -€11,591 | |
| Other operating charges | 640/8 | €158,570 | €78,247 | -€80,323 | -50.7% |
| Gross operating margin | 9900 | €809,514 | €713,450 | -€96,064 | -11.9% |
| Operating profit (loss) | 9901 | €144,614 | €97,786 | -€46,828 | -32.4% |
| Financial income | 75/76B | €480 | €1,275 | +€795 | +166% |
| Recurring financial income | 75 | €480 | €1,275 | +€795 | +166% |
| Financial charges | 65/66B | €76,598 | €85,129 | +€8,531 | +11.1% |
| Recurring financial charges | 65 | €76,598 | €85,129 | +€8,531 | +11.1% |
| Profit (loss) for the period before taxes | 9903 | €68,496 | €13,932 | -€54,564 | -79.7% |
| Income taxes | 67/77 | €52,365 | €14,893 | -€37,471 | -71.6% |
| Profit (loss) for the period | 9904 | €16,132 | -€961 | -€17,093 | |
| Profit (loss) for the period to be appropriated | 9905 | €16,132 | -€961 | -€17,093 |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 23 October 2026 via checked.be.