GINGKO GARDENS: 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.
GINGKO GARDENS
Largest movements
- Cash -€154,963
down €154,963 (-33.1%), from €467,863 to €312,900
mainly Contributions, distributions and other (-€271,828) and Trade debts (-€158,073)
- Receivables within one year +€47,216
up €47,216 (+18.5%), from €254,927 to €302,143
of which Other amounts receivable: +€61,098
- Tangible fixed assets +€38,880
up €38,880 (+36.2%), from €107,474 to €146,354
of which Furniture and vehicles: +€39,691
- Other debts +€196,719
up €196,719 (+262%), from €75,109 to €271,828
- Trade debts -€158,073
down €158,073 (-88.0%), from €179,528 to €21,455
- Reserves -€157,578
down €157,578 (-39.2%), from €402,296 to €244,718
- Tax, wage and social debts +€34,532
up €34,532 (+136%), from €25,410 to €59,943
- Debts after one year +€18,678
up €18,678 (+35.1%), from €53,176 to €71,853
- Gross operating margin +€56,401
up €56,401 (+41.5%), from €135,967 to €192,368
- Taxes +€11,100
up €11,100 (+26.7%), from €41,631 to €52,730
- Depreciation +€9,708
up €9,708 (+58.6%), from €16,580 to €26,288
- Financial income -€3,175
down €3,175 (-33.1%), from €9,590 to €6,415
- Financial charges +€2,274
up €2,274 (+112%), from €2,036 to €4,311
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 | €836,564 | €771,476 | -€65,088 | -7.8% |
| Fixed assets | 21/28 | €113,774 | €156,433 | +€42,659 | +37.5% |
| Intangible fixed assets | 21 | - | €3,779 | +€3,779 | |
| Tangible fixed assets | 22/27 | €107,474 | €146,354 | +€38,880 | +36.2% |
| Plant, machinery and equipment | 23 | €78,912 | €68,879 | -€10,033 | -12.7% |
| Furniture and vehicles | 24 | €12,562 | €52,253 | +€39,691 | +316% |
| Other tangible fixed assets | 26 | €16,000 | €25,222 | +€9,222 | +57.6% |
| Financial fixed assets | 28 | €6,300 | €6,300 | = | 0.0% |
| Current assets | 29/58 | €722,790 | €615,043 | -€107,747 | -14.9% |
| Amounts receivable within one year | 40/41 | €254,927 | €302,143 | +€47,216 | +18.5% |
| Trade receivables | 40 | €77,375 | €63,494 | -€13,881 | -17.9% |
| Other amounts receivable | 41 | €177,552 | €238,649 | +€61,098 | +34.4% |
| Current investments | 50/53 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €467,863 | €312,900 | -€154,963 | -33.1% |
| Total equity and liabilities | 10/49 | €836,564 | €771,476 | -€65,088 | -7.8% |
| Equity | 10/15 | €481,844 | €324,266 | -€157,578 | -32.7% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €402,296 | €244,718 | -€157,578 | -39.2% |
| Distributable reserves | 133 | €402,296 | €244,718 | -€157,578 | -39.2% |
| Profit (loss) carried forward | 14 | €73,348 | €73,348 | = | 0.0% |
| Amounts payable | 17/49 | €354,720 | €447,210 | +€92,490 | +26.1% |
| Amounts payable after more than one year | 17 | €53,176 | €71,853 | +€18,678 | +35.1% |
| Financial debts | 170/4 | €53,176 | €71,853 | +€18,678 | +35.1% |
| Amounts payable within one year | 42/48 | €301,544 | €375,357 | +€73,813 | +24.5% |
| Current portion of amounts payable after more than one year | 42 | €21,497 | €22,132 | +€636 | +3.0% |
| Trade debts | 44 | €179,528 | €21,455 | -€158,073 | -88.0% |
| Suppliers | 440/4 | €179,528 | €21,455 | -€158,073 | -88.0% |
| Taxes, remuneration and social security | 45 | €25,410 | €59,943 | +€34,532 | +136% |
| Taxes | 450/3 | €25,410 | €59,943 | +€34,532 | +136% |
| Other amounts payable | 47/48 | €75,109 | €271,828 | +€196,719 | +262% |
| Non-recurring operating income | 76A | - | €799 | +€799 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,580 | €26,288 | +€9,708 | +58.6% |
| Other operating charges | 640/8 | €943 | €1,204 | +€262 | +27.8% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | €135,967 | €192,368 | +€56,401 | +41.5% |
| Operating profit (loss) | 9901 | €118,445 | €164,876 | +€46,431 | +39.2% |
| Financial income | 75/76B | €9,590 | €6,415 | -€3,175 | -33.1% |
| Recurring financial income | 75 | €9,590 | €6,415 | -€3,175 | -33.1% |
| Financial charges | 65/66B | €2,036 | €4,311 | +€2,274 | +112% |
| Recurring financial charges | 65 | €2,036 | €4,311 | +€2,274 | +112% |
| Profit (loss) for the period before taxes | 9903 | €125,998 | €166,980 | +€40,981 | +32.5% |
| Income taxes | 67/77 | €41,631 | €52,730 | +€11,100 | +26.7% |
| Profit (loss) for the period | 9904 | €84,368 | €114,250 | +€29,882 | +35.4% |
| Profit (loss) for the period to be appropriated | 9905 | €84,368 | €114,250 | +€29,882 | +35.4% |
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 19 October 2026 via checked.be.