HR GARDENS: what changed
What changed
HR GARDENS
NACE 70.200, Business and other management consultancy
filed annual accounts (NBB)
Net result for the year
€9.0m
2022 · -€100,644+€9.1m
Equity
€32.4m
2022 · €23.3m+€9.0m
Cash
-
not filed
Balance sheet total
€32.4m
2022 · €28.1m+€4.3m
Largest movements
Assets
- Receivables within one year +€32.4m
new in 2023: €32.4m
- Financial fixed assets -€28.1m
down €28.1m (-100%), from €28.1m to €0
Equity and liabilities
- Profit (loss) carried forward +€9.0m
up €9.0m (+8.3%), from -€109.2m to -€100.1m
- Provisions -€4.8m
no longer reported in 2023 (was €4.8m)
Income statement
- Financial income +€57.4m
new in 2023: €57.4m
of which Financial income: +€32.4m
- Financial charges +€53.1m
new in 2023: €53.1m
of which Financial charges: +€53.1m
- Gross operating margin +€4.8m
up €4.8m, from -€11,776 to €4.8m
Change in the result, 2022 to 2023
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2022
-€100,644
Gross operating margin
+€4.8m
Other operating charges
+€868
Other operating items
+€88,000
Financial income
+€57.4m
Financial charges
-€53.1m
Result 2023
€9.0m
raises the resultlowers the resultnot broken down further in the accounts
Derived cash bridge
Cash or the result is not a separate line in both sets of accounts. So the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2022 | 2023 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €28,142,622 | €32,410,906 | +€4.3m | +15.2% |
| Fixed assets | 21/28 | €28,142,622 | €0 | -€28.1m | -100% |
| Financial fixed assets | 28 | €28,142,622 | €0 | -€28.1m | -100% |
| Current assets | 29/58 | - | €32,410,906 | +€32.4m | |
| Amounts receivable within one year | 40/41 | - | €32,410,906 | +€32.4m | |
| Other amounts receivable | 41 | - | €32,410,906 | +€32.4m | |
| Total equity and liabilities | 10/49 | €28,142,622 | €32,410,906 | +€4.3m | +15.2% |
| Equity | 10/15 | €23,347,875 | €32,371,021 | +€9.0m | +38.6% |
| Contributions | 10/11 | €132,506,200 | €132,506,200 | = | 0.0% |
| Capital | 10 | €132,506,200 | €132,506,200 | = | 0.0% |
| Issued capital | 100 | €132,518,600 | €132,518,600 | = | 0.0% |
| Uncalled capital | 101 | €12,400 | €12,400 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€109,158,325 | -€100,135,179 | +€9.0m | +8.3% |
| Provisions and deferred taxes | 16 | €4,761,000 | - | -€4.8m | |
| Provisions for liabilities and charges | 160/5 | €4,761,000 | - | -€4.8m | |
| Other liabilities and charges | 164/5 | €4,761,000 | - | -€4.8m | |
| Amounts payable | 17/49 | €33,747 | €39,885 | +€6,139 | +18.2% |
| Amounts payable within one year | 42/48 | €33,747 | €39,885 | +€6,139 | +18.2% |
| Trade debts | 44 | €14,538 | €10,147 | -€4,391 | -30.2% |
| Suppliers | 440/4 | €14,538 | €10,147 | -€4,391 | -30.2% |
| Other amounts payable | 47/48 | €19,209 | €29,738 | +€10,529 | +54.8% |
| Non-recurring operating income | 76A | - | €4,761,000 | +€4.8m | |
| Goods, raw materials, services and sundry goods | 60/61 | €11,776 | - | -€11,776 | |
| Other operating charges | 640/8 | €868 | - | -€868 | |
| Non-recurring operating charges | 66A | €88,000 | - | -€88,000 | |
| Gross operating margin | 9900 | -€11,776 | €4,754,860 | +€4.8m | |
| Operating profit (loss) | 9901 | -€100,644 | €4,754,860 | +€4.9m | |
| Financial income | 75/76B | - | €57,410,580 | +€57.4m | |
| Recurring financial income | 75 | - | €32,410,906 | +€32.4m | |
| Non-recurring financial income | 76B | - | €24,999,674 | +€25.0m | |
| Financial charges | 65/66B | - | €53,142,295 | +€53.1m | |
| Recurring financial charges | 65 | - | €53,142,295 | +€53.1m | |
| Non-recurring financial charges | 66B | - | €53,142,295 | +€53.1m | |
| Profit (loss) for the period before taxes | 9903 | -€100,644 | €9,023,145 | +€9.1m | |
| Profit (loss) for the period | 9904 | -€100,644 | €9,023,145 | +€9.1m | |
| Profit (loss) for the period to be appropriated | 9905 | -€100,644 | €9,023,145 | +€9.1m |
Next steps
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2022 and 31 December 2023. Green is a favourable move for that line, red an unfavourable one. Prepared on 2 November 2026 via checked.be.