GARDEN SERVICE: 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 SERVICE
Largest movements
- Financial fixed assets +€85,000
up €85,000 (+39,562%), from €215 to €85,215
- Stocks and contracts -€77,746
down €77,746 (-82.0%), from €94,765 to €17,019
- Tangible fixed assets -€30,728
down €30,728 (-15.4%), from €198,915 to €168,187
of which Plant, machinery and equipment: -€31,426
- Cash -€21,068
down €21,068 (-5.2%), from €405,651 to €384,583
mainly Other debts (-€112,407) and Investment in fixed assets (net) (-€106,101)
- Reserves +€126,056
up €126,056 (+23.8%), from €530,425 to €656,480
of which Distributable reserves: +€126,056
- Other debts -€112,407
down €112,407 (-98.3%), from €114,297 to €1,890
- Tax, wage and social debts -€24,254
down €24,254 (-30.8%), from €78,800 to €54,546
of which Remuneration and social security: -€21,628
- Debts after one year -€19,261
down €19,261 (-79.9%), from €24,122 to €4,860
- Trade debts -€15,614
down €15,614 (-82.9%), from €18,825 to €3,211
- Gross operating margin -€176,610
down €176,610 (-24.4%), from €724,152 to €547,543
- Staff costs -€137,601
down €137,601 (-26.4%), from €521,155 to €383,554
- Financial income +€58,191
up €58,191 (+413%), from €14,090 to €72,281
of which Non-recurring financial income: +€63,663
- Taxes +€10,290
up €10,290 (+24.4%), from €42,177 to €52,467
- Depreciation -€8,248
down €8,248 (-13.7%), from €60,077 to €51,829
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 | €818,056 | €772,796 | -€45,261 | -5.5% |
| Formation expenses | 20 | €0 | €0 | = | |
| Fixed assets | 21/28 | €199,130 | €253,402 | +€54,272 | +27.3% |
| Intangible fixed assets | 21 | €0 | €0 | = | |
| Tangible fixed assets | 22/27 | €198,915 | €168,187 | -€30,728 | -15.4% |
| Land and buildings | 22 | €53,159 | €51,454 | -€1,705 | -3.2% |
| Plant, machinery and equipment | 23 | €105,468 | €74,042 | -€31,426 | -29.8% |
| Furniture and vehicles | 24 | €40,287 | €42,691 | +€2,404 | +6.0% |
| Financial fixed assets | 28 | €215 | €85,215 | +€85,000 | +39,562% |
| Current assets | 29/58 | €618,926 | €519,394 | -€99,533 | -16.1% |
| Stocks and contracts in progress | 3 | €94,765 | €17,019 | -€77,746 | -82.0% |
| Stocks | 30/36 | €94,765 | €17,019 | -€77,746 | -82.0% |
| Amounts receivable within one year | 40/41 | €105,324 | €108,940 | +€3,616 | +3.4% |
| Trade receivables | 40 | €84,347 | €103,172 | +€18,825 | +22.3% |
| Other amounts receivable | 41 | €20,977 | €5,768 | -€15,209 | -72.5% |
| Cash at bank and in hand | 54/58 | €405,651 | €384,583 | -€21,068 | -5.2% |
| Deferred charges and accrued income | 490/1 | €13,187 | €8,852 | -€4,335 | -32.9% |
| Total equity and liabilities | 10/49 | €818,056 | €772,796 | -€45,261 | -5.5% |
| Equity | 10/15 | €563,036 | €688,127 | +€125,091 | +22.2% |
| Contributions | 10/11 | €30,000 | €30,000 | = | 0.0% |
| Reserves | 13 | €530,425 | €656,480 | +€126,056 | +23.8% |
| Non-distributable reserves | 130/1 | €3,000 | €3,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €3,000 | €3,000 | = | 0.0% |
| Tax-exempt reserves | 132 | €736 | €736 | = | 0.0% |
| Distributable reserves | 133 | €526,688 | €652,744 | +€126,056 | +23.9% |
| Profit (loss) carried forward | 14 | €271 | €271 | = | 0.0% |
| Investment grants | 15 | €2,340 | €1,375 | -€964 | -41.2% |
| Amounts payable | 17/49 | €255,021 | €84,669 | -€170,352 | -66.8% |
| Amounts payable after more than one year | 17 | €24,122 | €4,860 | -€19,261 | -79.9% |
| Financial debts | 170/4 | €24,122 | €4,860 | -€19,261 | -79.9% |
| Amounts payable within one year | 42/48 | €230,899 | €78,908 | -€151,991 | -65.8% |
| Current portion of amounts payable after more than one year | 42 | €18,976 | €19,261 | +€285 | +1.5% |
| Trade debts | 44 | €18,825 | €3,211 | -€15,614 | -82.9% |
| Suppliers | 440/4 | €18,825 | €3,211 | -€15,614 | -82.9% |
| Taxes, remuneration and social security | 45 | €78,800 | €54,546 | -€24,254 | -30.8% |
| Taxes | 450/3 | €13,264 | €10,638 | -€2,626 | -19.8% |
| Remuneration and social security | 454/9 | €65,536 | €43,908 | -€21,628 | -33.0% |
| Other amounts payable | 47/48 | €114,297 | €1,890 | -€112,407 | -98.3% |
| Accrued charges and deferred income | 492/3 | - | €900 | +€900 | |
| Remuneration, social security and pensions | 62 | €521,155 | €383,554 | -€137,601 | -26.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €60,077 | €51,829 | -€8,248 | -13.7% |
| Other operating charges | 640/8 | €3,285 | €4,319 | +€1,034 | +31.5% |
| Gross operating margin | 9900 | €724,152 | €547,543 | -€176,610 | -24.4% |
| Operating profit (loss) | 9901 | €139,635 | €107,840 | -€31,794 | -22.8% |
| Financial income | 75/76B | €14,090 | €72,281 | +€58,191 | +413% |
| Recurring financial income | 75 | €11,362 | €5,891 | -€5,472 | -48.2% |
| Non-recurring financial income | 76B | €2,727 | €66,390 | +€63,663 | +2,334% |
| Financial charges | 65/66B | €1,796 | €1,599 | -€197 | -11.0% |
| Recurring financial charges | 65 | €1,796 | €1,563 | -€233 | -13.0% |
| Non-recurring financial charges | 66B | - | €36 | +€36 | |
| Profit (loss) for the period before taxes | 9903 | €151,928 | €178,523 | +€26,594 | +17.5% |
| Income taxes | 67/77 | €42,177 | €52,467 | +€10,290 | +24.4% |
| Profit (loss) for the period | 9904 | €109,751 | €126,056 | +€16,305 | +14.9% |
| Profit (loss) for the period to be appropriated | 9905 | €109,751 | €126,056 | +€16,305 | +14.9% |
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 25 October 2026 via checked.be.