La Gardienne: 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.
La Gardienne
Largest movements
- Tangible fixed assets -€11,050
no longer reported in 2025 (was €11,050)
- Cash -€5,707
down €5,707 (-23.4%), from €24,411 to €18,704
mainly Contributions, distributions and other (-€14,003) and Other debts (-€4,718)
- Receivables within one year +€1,407
up €1,407 (+15.5%), from €9,077 to €10,484
of which Other amounts receivable: +€1,349
- Other debts -€4,718
down €4,718 (-28.4%), from €16,621 to €11,903
- Current portion of long-term debt -€4,713
no longer reported in 2025 (was €4,713)
- Tax, wage and social debts -€3,864
down €3,864 (-22.8%), from €16,923 to €13,059
- Reserves -€2,409
no longer reported in 2025 (was €2,409)
- Accrued charges and deferred income +€640
up €640 (+53.3%), from €1,200 to €1,840
- Gross operating margin -€8,001
down €8,001 (-27.9%), from €28,648 to €20,647
- Depreciation -€4,402
down €4,402 (-99.4%), from €4,430 to €28
- Other operating charges +€908
up €908 (+157%), from €579 to €1,487
- Financial charges +€548
up €548 (+122%), from €448 to €995
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 | €44,928 | €29,858 | -€15,070 | -33.5% |
| Fixed assets | 21/28 | €11,050 | - | -€11,050 | |
| Tangible fixed assets | 22/27 | €11,050 | - | -€11,050 | |
| Furniture and vehicles | 24 | €11,050 | - | -€11,050 | |
| Current assets | 29/58 | €33,878 | €29,858 | -€4,020 | -11.9% |
| Amounts receivable within one year | 40/41 | €9,077 | €10,484 | +€1,407 | +15.5% |
| Trade receivables | 40 | €9,077 | €9,136 | +€59 | +0.6% |
| Other amounts receivable | 41 | - | €1,349 | +€1,349 | |
| Cash at bank and in hand | 54/58 | €24,411 | €18,704 | -€5,707 | -23.4% |
| Deferred charges and accrued income | 490/1 | €390 | €670 | +€280 | +71.8% |
| Total equity and liabilities | 10/49 | €44,928 | €29,858 | -€15,070 | -33.5% |
| Equity | 10/15 | €5,409 | €3,000 | -€2,409 | -44.5% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €2,409 | - | -€2,409 | |
| Distributable reserves | 133 | €2,409 | - | -€2,409 | |
| Amounts payable | 17/49 | €39,519 | €26,858 | -€12,661 | -32.0% |
| Amounts payable within one year | 42/48 | €38,319 | €25,019 | -€13,300 | -34.7% |
| Current portion of amounts payable after more than one year | 42 | €4,713 | - | -€4,713 | |
| Trade debts | 44 | €62 | €57 | -€5 | -8.8% |
| Suppliers | 440/4 | €62 | €57 | -€5 | -8.8% |
| Taxes, remuneration and social security | 45 | €16,923 | €13,059 | -€3,864 | -22.8% |
| Taxes | 450/3 | €16,923 | €13,059 | -€3,864 | -22.8% |
| Other amounts payable | 47/48 | €16,621 | €11,903 | -€4,718 | -28.4% |
| Accrued charges and deferred income | 492/3 | €1,200 | €1,840 | +€640 | +53.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,430 | €28 | -€4,402 | -99.4% |
| Other operating charges | 640/8 | €579 | €1,487 | +€908 | +157% |
| Non-recurring operating charges | 66A | - | €1,022 | +€1,022 | |
| Gross operating margin | 9900 | €28,648 | €20,647 | -€8,001 | -27.9% |
| Operating profit (loss) | 9901 | €23,639 | €18,111 | -€5,529 | -23.4% |
| Financial income | 75/76B | €0 | €19 | +€19 | +93,250% |
| Recurring financial income | 75 | €0 | €19 | +€19 | +93,250% |
| Financial charges | 65/66B | €448 | €995 | +€548 | +122% |
| Recurring financial charges | 65 | €448 | €995 | +€548 | +122% |
| Profit (loss) for the period before taxes | 9903 | €23,192 | €17,134 | -€6,058 | -26.1% |
| Income taxes | 67/77 | €5,818 | €5,540 | -€278 | -4.8% |
| Profit (loss) for the period | 9904 | €17,374 | €11,594 | -€5,780 | -33.3% |
| Profit (loss) for the period to be appropriated | 9905 | €17,374 | €11,594 | -€5,780 | -33.3% |
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 15 October 2026 via checked.be.