GARDEN WOK: 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 WOK
Largest movements
- Receivables within one year -€69,670
down €69,670 (-60.4%), from €115,411 to €45,741
of which Other amounts receivable: -€105,537
- Deferred charges and accrued income +€26,652
up €26,652 (+183%), from €14,540 to €41,192
- Cash -€19,904
down €19,904 (-38.5%), from €51,688 to €31,784
mainly Trade debts (-€93,316) and Deferred charges and accrued income (-€26,652)
- Tangible fixed assets -€5,032
down €5,032 (-25.9%), from €19,393 to €14,361
of which Furniture and vehicles: -€5,607
- Stocks and contracts +€2,203
up €2,203 (+28.0%), from €7,864 to €10,067
- Trade debts -€93,316
down €93,316 (-88.4%), from €105,570 to €12,254
- Other debts +€36,518
up €36,518 (+13,729%), from €266 to €36,784
- Tax, wage and social debts -€8,474
down €8,474 (-16.2%), from €52,450 to €43,976
of which Taxes: -€8,250
- Gross operating margin -€50,643
down €50,643 (-18.3%), from €276,296 to €225,653
- Staff costs -€31,536
down €31,536 (-13.2%), from €239,325 to €207,789
- Taxes -€5,036
down €5,036 (-58.1%), from €8,664 to €3,628
- Depreciation +€3,357
up €3,357 (+46.7%), from €7,181 to €10,538
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 | €209,145 | €143,394 | -€65,751 | -31.4% |
| Fixed assets | 21/28 | €19,642 | €14,610 | -€5,032 | -25.6% |
| Tangible fixed assets | 22/27 | €19,393 | €14,361 | -€5,032 | -25.9% |
| Land and buildings | 22 | €4,710 | €5,660 | +€950 | +20.2% |
| Plant, machinery and equipment | 23 | €1,310 | €935 | -€375 | -28.6% |
| Furniture and vehicles | 24 | €13,373 | €7,766 | -€5,607 | -41.9% |
| Financial fixed assets | 28 | €249 | €249 | = | 0.0% |
| Current assets | 29/58 | €189,503 | €128,784 | -€60,719 | -32.0% |
| Stocks and contracts in progress | 3 | €7,864 | €10,067 | +€2,203 | +28.0% |
| Stocks | 30/36 | €7,864 | €10,067 | +€2,203 | +28.0% |
| Amounts receivable within one year | 40/41 | €115,411 | €45,741 | -€69,670 | -60.4% |
| Trade receivables | 40 | €146 | €36,013 | +€35,867 | +24,566% |
| Other amounts receivable | 41 | €115,265 | €9,728 | -€105,537 | -91.6% |
| Cash at bank and in hand | 54/58 | €51,688 | €31,784 | -€19,904 | -38.5% |
| Deferred charges and accrued income | 490/1 | €14,540 | €41,192 | +€26,652 | +183% |
| Total equity and liabilities | 10/49 | €209,145 | €143,394 | -€65,751 | -31.4% |
| Equity | 10/15 | €50,859 | €50,380 | -€479 | -0.9% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Reserves | 13 | €18,000 | €18,000 | = | 0.0% |
| Distributable reserves | 133 | €18,000 | €18,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €22,859 | €22,380 | -€479 | -2.1% |
| Amounts payable | 17/49 | €158,286 | €93,014 | -€65,272 | -41.2% |
| Amounts payable within one year | 42/48 | €158,286 | €93,014 | -€65,272 | -41.2% |
| Trade debts | 44 | €105,570 | €12,254 | -€93,316 | -88.4% |
| Suppliers | 440/4 | €105,570 | €12,254 | -€93,316 | -88.4% |
| Taxes, remuneration and social security | 45 | €52,450 | €43,976 | -€8,474 | -16.2% |
| Taxes | 450/3 | €24,994 | €16,744 | -€8,250 | -33.0% |
| Remuneration and social security | 454/9 | €27,456 | €27,232 | -€224 | -0.8% |
| Other amounts payable | 47/48 | €266 | €36,784 | +€36,518 | +13,729% |
| Remuneration, social security and pensions | 62 | €239,325 | €207,789 | -€31,536 | -13.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,181 | €10,538 | +€3,357 | +46.7% |
| Other operating charges | 640/8 | €1,133 | €2,910 | +€1,777 | +157% |
| Gross operating margin | 9900 | €276,296 | €225,653 | -€50,643 | -18.3% |
| Operating profit (loss) | 9901 | €28,657 | €4,416 | -€24,241 | -84.6% |
| Financial income | 75/76B | €123 | €37 | -€86 | -69.9% |
| Recurring financial income | 75 | €123 | €37 | -€86 | -69.9% |
| Financial charges | 65/66B | €1,714 | €1,304 | -€410 | -23.9% |
| Recurring financial charges | 65 | €1,714 | €1,304 | -€410 | -23.9% |
| Profit (loss) for the period before taxes | 9903 | €27,066 | €3,149 | -€23,917 | -88.4% |
| Income taxes | 67/77 | €8,664 | €3,628 | -€5,036 | -58.1% |
| Profit (loss) for the period | 9904 | €18,402 | -€479 | -€18,881 | |
| Profit (loss) for the period to be appropriated | 9905 | €18,402 | -€479 | -€18,881 |
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.