GARDEN55: 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.
GARDEN55
Largest movements
- Tangible fixed assets -€5,608
no longer reported in 2026 (was €5,608)
of which Furniture and vehicles: -€3,980
- Receivables within one year -€1,575
no longer reported in 2026 (was €1,575)
of which Trade receivables: -€1,220
- Cash -€455
down €455 (-21.1%), from €2,160 to €1,705
mainly Debts after one year (-€60,000) and Net result for the year (-€4,341)
- Deferred charges and accrued income -€224
no longer reported in 2026 (was €224)
- Debts after one year -€60,000
no longer reported in 2026 (was €60,000)
- Other debts +€59,986
up €59,986 (+1,368%), from €4,384 to €64,370
- Profit (loss) carried forward -€4,341
down €4,341 (-5.6%), from -€76,924 to -€81,265
- Current portion of long-term debt -€1,979
no longer reported in 2026 (was €1,979)
- Trade debts -€1,528
no longer reported in 2026 (was €1,528)
- Depreciation -€10,875
no longer reported in 2026 (was €10,875)
- Gross operating margin -€2,158
down €2,158 (-235%), from -€919 to -€3,077
- Other operating charges +€245
up €245 (+26.3%), from €930 to €1,175
- Financial charges -€186
down €186 (-72.9%), from €255 to €69
From the 2025 result to the 2026 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 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €9,567 | €1,705 | -€7,862 | -82.2% |
| Fixed assets | 21/28 | €5,608 | - | -€5,608 | |
| Tangible fixed assets | 22/27 | €5,608 | - | -€5,608 | |
| Land and buildings | 22 | €1,628 | - | -€1,628 | |
| Furniture and vehicles | 24 | €3,980 | - | -€3,980 | |
| Current assets | 29/58 | €3,959 | €1,705 | -€2,254 | -56.9% |
| Amounts receivable within one year | 40/41 | €1,575 | - | -€1,575 | |
| Trade receivables | 40 | €1,220 | - | -€1,220 | |
| Other amounts receivable | 41 | €355 | - | -€355 | |
| Cash at bank and in hand | 54/58 | €2,160 | €1,705 | -€455 | -21.1% |
| Deferred charges and accrued income | 490/1 | €224 | - | -€224 | |
| Total equity and liabilities | 10/49 | €9,567 | €1,705 | -€7,862 | -82.2% |
| Equity | 10/15 | -€58,324 | -€62,665 | -€4,341 | -7.4% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€76,924 | -€81,265 | -€4,341 | -5.6% |
| Amounts payable | 17/49 | €67,891 | €64,370 | -€3,521 | -5.2% |
| Amounts payable after more than one year | 17 | €60,000 | - | -€60,000 | |
| Financial debts | 170/4 | €60,000 | - | -€60,000 | |
| Amounts payable within one year | 42/48 | €7,891 | €64,370 | +€56,479 | +716% |
| Current portion of amounts payable after more than one year | 42 | €1,979 | - | -€1,979 | |
| Trade debts | 44 | €1,528 | - | -€1,528 | |
| Suppliers | 440/4 | €1,528 | - | -€1,528 | |
| Other amounts payable | 47/48 | €4,384 | €64,370 | +€59,986 | +1,368% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,875 | - | -€10,875 | |
| Other operating charges | 640/8 | €930 | €1,175 | +€245 | +26.3% |
| Non-recurring operating charges | 66A | - | €30 | +€30 | |
| Gross operating margin | 9900 | -€919 | -€3,077 | -€2,158 | -235% |
| Operating profit (loss) | 9901 | -€12,724 | -€4,282 | +€8,442 | +66.3% |
| Financial income | 75/76B | €10 | €11 | +€1 | +5.2% |
| Recurring financial income | 75 | €10 | €11 | +€1 | +5.2% |
| Financial charges | 65/66B | €255 | €69 | -€186 | -72.9% |
| Recurring financial charges | 65 | €255 | €69 | -€186 | -72.9% |
| Profit (loss) for the period before taxes | 9903 | -€12,969 | -€4,341 | +€8,629 | +66.5% |
| Profit (loss) for the period | 9904 | -€12,969 | -€4,341 | +€8,629 | +66.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€12,969 | -€4,341 | +€8,629 | +66.5% |
Source: filed annual accounts (NBB), financial years ended 31 December 2025 and 17 September 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 16 October 2026 via checked.be.