LES GARRIGUES: 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.
LES GARRIGUES
Largest movements
- Receivables within one year -€53,694
down €53,694 (-99.3%), from €54,055 to €361
- Tangible fixed assets -€21,613
down €21,613 (-33.4%), from €64,727 to €43,114
of which Furniture and vehicles: -€16,174
- Stocks and contracts +€4,369
up €4,369 (+76.6%), from €5,701 to €10,070
- Cash -€2,659
down €2,659 (-91.6%), from €2,903 to €244
mainly Trade debts (-€73,384) and Net result for the year (-€25,577)
- Trade debts -€73,384
down €73,384 (-87.4%), from €83,984 to €10,601
- Profit (loss) carried forward -€25,577
down €25,577 (-33.4%), from -€76,653 to -€102,230
- Short-term financial debts +€9,041
up €9,041 (+92.6%), from €9,767 to €18,808
- Debts after one year +€8,912
up €8,912 (+11.1%), from €79,951 to €88,863
- Current portion of long-term debt +€4,130
up €4,130 (+35.3%), from €11,694 to €15,824
- Gross operating margin +€35,485
up €35,485, from -€28,344 to €7,141
- Depreciation -€5,462
down €5,462 (-18.6%), from €29,292 to €23,830
- Taxes +€5,371
up €5,371, from -€4,067 to €1,304
- Financial income -€2,603
down €2,603 (-49.5%), from €5,259 to €2,656
- Financial charges -€609
down €609 (-6.1%), from €9,999 to €9,390
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 | €127,914 | €54,069 | -€73,845 | -57.7% |
| Fixed assets | 21/28 | €65,085 | €43,114 | -€21,971 | -33.8% |
| Intangible fixed assets | 21 | €358 | - | -€358 | |
| Tangible fixed assets | 22/27 | €64,727 | €43,114 | -€21,613 | -33.4% |
| Plant, machinery and equipment | 23 | €11,314 | €9,625 | -€1,689 | -14.9% |
| Furniture and vehicles | 24 | €29,067 | €12,893 | -€16,174 | -55.6% |
| Leasing and similar rights | 25 | €297 | - | -€297 | |
| Other tangible fixed assets | 26 | €24,049 | €20,595 | -€3,454 | -14.4% |
| Current assets | 29/58 | €62,830 | €10,955 | -€51,874 | -82.6% |
| Stocks and contracts in progress | 3 | €5,701 | €10,070 | +€4,369 | +76.6% |
| Stocks | 30/36 | €5,701 | €10,070 | +€4,369 | +76.6% |
| Amounts receivable within one year | 40/41 | €54,055 | €361 | -€53,694 | -99.3% |
| Trade receivables | 40 | €54,055 | €361 | -€53,694 | -99.3% |
| Cash at bank and in hand | 54/58 | €2,903 | €244 | -€2,659 | -91.6% |
| Deferred charges and accrued income | 490/1 | €170 | €280 | +€110 | +64.6% |
| Total equity and liabilities | 10/49 | €127,914 | €54,069 | -€73,845 | -57.7% |
| Equity | 10/15 | -€68,593 | -€94,170 | -€25,577 | -37.3% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Contributions outside capital | 11 | €6,200 | €6,200 | = | 0.0% |
| Other | 1109/19 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€76,653 | -€102,230 | -€25,577 | -33.4% |
| Amounts payable | 17/49 | €196,508 | €148,239 | -€48,268 | -24.6% |
| Amounts payable after more than one year | 17 | €79,951 | €88,863 | +€8,912 | +11.1% |
| Financial debts | 170/4 | €79,951 | €88,863 | +€8,912 | +11.1% |
| Amounts payable within one year | 42/48 | €116,556 | €59,377 | -€57,180 | -49.1% |
| Current portion of amounts payable after more than one year | 42 | €11,694 | €15,824 | +€4,130 | +35.3% |
| Financial debts | 43 | €9,767 | €18,808 | +€9,041 | +92.6% |
| Credit institutions | 430/8 | €9,767 | €18,808 | +€9,041 | +92.6% |
| Trade debts | 44 | €83,984 | €10,601 | -€73,384 | -87.4% |
| Suppliers | 440/4 | €83,984 | €10,601 | -€73,384 | -87.4% |
| Taxes, remuneration and social security | 45 | €11,112 | €14,144 | +€3,033 | +27.3% |
| Taxes | 450/3 | €3,112 | €7,242 | +€4,130 | +133% |
| Remuneration and social security | 454/9 | €8,000 | €6,903 | -€1,098 | -13.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €29,292 | €23,830 | -€5,462 | -18.6% |
| Other operating charges | 640/8 | €1,127 | €851 | -€276 | -24.5% |
| Gross operating margin | 9900 | -€28,344 | €7,141 | +€35,485 | |
| Operating profit (loss) | 9901 | -€58,763 | -€17,540 | +€41,224 | +70.2% |
| Financial income | 75/76B | €5,259 | €2,656 | -€2,603 | -49.5% |
| Recurring financial income | 75 | €5,259 | €2,656 | -€2,603 | -49.5% |
| Financial charges | 65/66B | €9,999 | €9,390 | -€609 | -6.1% |
| Recurring financial charges | 65 | €9,999 | €9,390 | -€609 | -6.1% |
| Profit (loss) for the period before taxes | 9903 | -€63,503 | -€24,273 | +€39,230 | +61.8% |
| Income taxes | 67/77 | -€4,067 | €1,304 | +€5,371 | |
| Profit (loss) for the period | 9904 | -€59,436 | -€25,577 | +€33,859 | +57.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€59,436 | -€25,577 | +€33,859 | +57.0% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 October 2026 via checked.be.