INTERGARDEN DESIGN: 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.
INTERGARDEN DESIGN
Largest movements
- Cash +€32,446
up €32,446 (+16.6%), from €195,960 to €228,406
mainly Net result for the year (+€123,363) and Depreciation (+€77,826)
- Receivables within one year +€26,760
up €26,760 (+4.6%), from €581,085 to €607,845
of which Trade receivables: +€23,200
- Tangible fixed assets -€26,473
down €26,473 (-5.4%), from €489,437 to €462,965
of which Plant, machinery and equipment: -€55,525
- Reserves +€123,363
up €123,363 (+8.2%), from €1.5m to €1.6m
of which Distributable reserves: +€123,363
- Other debts -€93,264
down €93,264 (-93.3%), from €100,000 to €6,736
- Gross operating margin -€59,708
down €59,708 (-14.8%), from €404,498 to €344,790
- Staff costs -€27,013
down €27,013 (-19.5%), from €138,614 to €111,601
- Taxes +€21,691
up €21,691 (+138%), from €15,751 to €37,442
- Depreciation -€17,358
down €17,358 (-18.2%), from €95,184 to €77,826
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 | €1,787,759 | €1,839,315 | +€51,556 | +2.9% |
| Fixed assets | 21/28 | €489,437 | €462,965 | -€26,473 | -5.4% |
| Tangible fixed assets | 22/27 | €489,437 | €462,965 | -€26,473 | -5.4% |
| Land and buildings | 22 | €194,402 | €223,887 | +€29,485 | +15.2% |
| Plant, machinery and equipment | 23 | €292,679 | €237,154 | -€55,525 | -19.0% |
| Other tangible fixed assets | 26 | €2,356 | €1,924 | -€432 | -18.3% |
| Current assets | 29/58 | €1,298,321 | €1,376,350 | +€78,029 | +6.0% |
| Stocks and contracts in progress | 3 | €199,804 | €215,027 | +€15,223 | +7.6% |
| Stocks | 30/36 | €199,804 | €215,027 | +€15,223 | +7.6% |
| Amounts receivable within one year | 40/41 | €581,085 | €607,845 | +€26,760 | +4.6% |
| Trade receivables | 40 | €218 | €23,418 | +€23,200 | +10,652% |
| Other amounts receivable | 41 | €580,868 | €584,427 | +€3,559 | +0.6% |
| Current investments | 50/53 | €300,000 | €300,000 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €195,960 | €228,406 | +€32,446 | +16.6% |
| Deferred charges and accrued income | 490/1 | €21,472 | €25,073 | +€3,601 | +16.8% |
| Total equity and liabilities | 10/49 | €1,787,759 | €1,839,315 | +€51,556 | +2.9% |
| Equity | 10/15 | €1,632,603 | €1,755,967 | +€123,363 | +7.6% |
| Contributions | 10/11 | €124,000 | €124,000 | = | 0.0% |
| Capital | 10 | €124,000 | €124,000 | = | 0.0% |
| Issued capital | 100 | €124,000 | €124,000 | = | 0.0% |
| Reserves | 13 | €1,508,603 | €1,631,967 | +€123,363 | +8.2% |
| Non-distributable reserves | 130/1 | €32,400 | €32,400 | = | 0.0% |
| Legal reserve | 130 | €32,400 | €32,400 | = | 0.0% |
| Distributable reserves | 133 | €1,476,203 | €1,599,567 | +€123,363 | +8.4% |
| Amounts payable | 17/49 | €155,155 | €83,348 | -€71,807 | -46.3% |
| Amounts payable within one year | 42/48 | €155,155 | €80,961 | -€74,194 | -47.8% |
| Current portion of amounts payable after more than one year | 42 | €7,143 | - | -€7,143 | |
| Trade debts | 44 | €21,647 | €33,640 | +€11,993 | +55.4% |
| Suppliers | 440/4 | €21,647 | €33,640 | +€11,993 | +55.4% |
| Taxes, remuneration and social security | 45 | €26,365 | €40,586 | +€14,220 | +53.9% |
| Taxes | 450/3 | €10,136 | €28,371 | +€18,235 | +180% |
| Remuneration and social security | 454/9 | €16,230 | €12,215 | -€4,014 | -24.7% |
| Other amounts payable | 47/48 | €100,000 | €6,736 | -€93,264 | -93.3% |
| Accrued charges and deferred income | 492/3 | - | €2,387 | +€2,387 | |
| Remuneration, social security and pensions | 62 | €138,614 | €111,601 | -€27,013 | -19.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €95,184 | €77,826 | -€17,358 | -18.2% |
| Other operating charges | 640/8 | €19,836 | €19,883 | +€46 | +0.2% |
| Gross operating margin | 9900 | €404,498 | €344,790 | -€59,708 | -14.8% |
| Operating profit (loss) | 9901 | €150,863 | €135,479 | -€15,383 | -10.2% |
| Financial income | 75/76B | €27,943 | €28,335 | +€393 | +1.4% |
| Recurring financial income | 75 | €27,943 | €28,335 | +€393 | +1.4% |
| Financial charges | 65/66B | €2,674 | €3,010 | +€336 | +12.6% |
| Recurring financial charges | 65 | €2,674 | €3,010 | +€336 | +12.6% |
| Profit (loss) for the period before taxes | 9903 | €176,132 | €160,805 | -€15,327 | -8.7% |
| Income taxes | 67/77 | €15,751 | €37,442 | +€21,691 | +138% |
| Profit (loss) for the period | 9904 | €160,381 | €123,363 | -€37,017 | -23.1% |
| Profit (loss) for the period to be appropriated | 9905 | €160,381 | €123,363 | -€37,017 | -23.1% |
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 14 October 2026 via checked.be.